JinkoSolar Plans Major Share Sale to Strengthen Business Operations and Enhance Resilience

JinkoSolar Holding Co., Ltd. (NYSE: JKS), recognized as one of the world's leading solar module manufacturers, has recently announced a significant decision aimed at bolstering its financial foundation. On September 12, 2025, the company detailed its plans to sell up to 300,156,075 A shares of its subsidiary, Jinko Solar Co., Ltd. (known as Jiangxi Jinko), to qualified institutional investors. This strategic move is part of the company's broader effort to secure funds essential for its ongoing business operations, particularly as the solar market continues to evolve and grow.

The shares in question will be sold through a method referred to as inquiry transfer and placement, compliant with the regulations established by the Shanghai Stock Exchange, where Jiangxi Jinko is listed on the Sci-Tech Innovation Board. Importantly, the price per share will be set at a minimum of 70% of the average trading price over the preceding 20 days, ensuring a fair valuation for investors. The success of this transaction will be contingent upon market conditions, emphasizing the dynamic nature of the financial landscape.

Mr. Xiande Li, the Chairman and CEO of JinkoSolar, expressed optimism regarding the sale, stating, "We believe that the sale of A Shares will strengthen our cash flows, improve our cash position, support our ongoing business operations, and enhance our resilience to risks." His comments underscore the company’s focus on maintaining liquidity and financial health, which is vital for navigating possible uncertainties in the market.

Currently, JinkoSolar holds approximately 58.59% of the equity interest in Jiangxi Jinko. Should the sale be successfully executed, the company's equity interest will be adjusted to around 55.59%. This slight reduction in ownership percentage reflects a tactical decision to enhance operational flexibility and position JinkoSolar as a more robust player in the solar industry.

About JinkoSolar

JinkoSolar is not just a leading manufacturer; it has earned a global reputation for its innovation. The company distributes its solar products, which include high-efficiency solar modules, to a diverse array of customers, spanning utility, commercial, and residential sectors worldwide. With a solid presence in key markets—including the United States, Germany, Japan, and many emerging economies—JinkoSolar maintains over 10 production facilities around the globe and boasts a vast sales network encompassing more than 20 international subsidiaries.

As of June 30, 2025, JinkoSolar has not only established its manufacturing bases but also actively engages in research and development, ensuring the company remains at the forefront of solar technology advancements. This blend of operational excellence and continuous innovation has positioned JinkoSolar as a pivotal force in the renewable energy sector.

In conclusion, JinkoSolar's proposed share sale represents a strategic initiative towards fortifying its operational capabilities amidst the growing demands of the solar energy market. It reflects the company’s commitment to long-term sustainability and shareholder value, aligning financial strategies with broader business goals as the renewable energy landscape continues to evolve.

For further information about JinkoSolar and its initiatives, visit www.jinkosolar.com.