JinkoSolar Sells 300M Shares at $0.69 Each to Boost Capital Flexibility

Reported 1 day ago

JinkoSolar Holding Co., Ltd. (NYSE:JKS) has successfully completed the sale of 300,145,075 A shares of its majority-owned subsidiary, Jinko Co., Ltd., to institutional investors at a price of $0.69 per share. This transaction, finalized on September 18, 2025, reduces JinkoSolar's equity interest in Jiangxi Jinko to approximately 55.6%, enhancing its capital flexibility as the company seeks to expand its global operations in the photovoltaic market.

Source: YAHOO

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