Recent Updates — JKS

Shareholders at the 2026 annual general meeting approved ordinary resolutions to re-elect Gang Chu and Steven Markscheid as independent directors, ratify PricewaterhouseCoopers Zhong Tian LLP as auditors, and authorize director remuneration. Special resolutions were also passed to change the company's English name from JinkoSolar Holding Co., Ltd. to Jinko Holdings Limited and adopt a dual foreign name. The company operates in the clean energy sector, manufacturing solar products and providing solutions globally.

Jinko Solar Co., Ltd., the majority-owned principal operating subsidiary of JinkoSolar Holding Co., Ltd., announced preliminary unaudited financial results for the nine months ended September 30, 2026. The subsidiary estimates a net loss attributable to shareholders ranging from RMB2,976.33 million to RMB3,576.33 million. Excluding extraordinary gains and losses, the net loss is estimated between RMB3,811.12 million and RMB4,411.12 million. These figures are prepared under PRC GAAP for Jiangxi Jinko only and differ from JinkoSolar's consolidated results reported under US GAAP. JinkoSolar holds approximately 54.32% equity interest in the subsidiary. JinkoSolar is a global leader in clean energy technology that manufactures solar products and provides solutions to utility, commercial, and residential customers worldwide.

JinkoSolar Holding Co., Ltd. announced a proposed change of its English name to "Jinko Holdings Limited" and adopted the dual foreign name "晶科控股有限公司," subject to shareholder approval at the annual general meeting on October 21, 2026. The filing also disclosed strategic investment updates for the first half of 2026, including fair value gains exceeding RMB400 million from Gold Electronic's listing and cash proceeds over RMB300 million from disposing of a substantial portion of its LAPLACE stake, yielding a cumulative realized gain exceeding RMB250 million. The company outlined its two-pronged strategy: maintaining controlling ownership in solar subsidiary Jinko Solar Co., Ltd. while pursuing minority investments in AI, renewable energy, and advanced materials through portfolio companies like Moonshot AI and StepFun. This administrative change reflects the evolution of the holding company's role as it balances industrial operations with strategic investments in emerging technologies.

JinkoSolar announced its second quarter 2026 financial results and a change in chief executive officer. Xiande Li resigned as CEO on August 26, 2026, remaining chairman, while Wei “Dimi” Du succeeded him. For Q2 2026, revenues were RMB12.36 billion (US$1.82 billion), down 31.3% year-over-year, with a net loss attributable to shareholders of RMB697.3 million (US$102.8 million). Gross profit margin was 4.2%. The company adjusted its full-year 2026 module shipment guidance to between 60 GW and 70 GW. Additionally, JinkoSolar declared a cash dividend of US$0.375 per ordinary share (US$1.50 per ADS). JinkoSolar is a global leader in clean energy technology that manufactures solar modules and provides solutions.