JinkoSolar Subsidiary Finalizes Xinjiang Jinko Equity Transfer

Ticker: JKS · Form: 6-K · Filed: 2024-02-26T00:00:00.000Z

Sentiment: neutral

Topics: divestiture, subsidiary-transfer, corporate-action

TL;DR

**JinkoSolar's subsidiary, Jiangxi Jinko, just completed the full equity transfer of Xinjiang Jinko, finalizing a major divestment.**

AI Summary

JinkoSolar Holding Co., Ltd. announced on February 26, 2024, that its subsidiary, Jiangxi Jinko, completed the registration with local authorities for the transfer of its 100% equity interest in Xinjiang Jinko. This follows a previous announcement made on May 24, 2023, regarding the signing of an agreement for this transfer. The filing indicates the finalization of this divestiture.

Why It Matters

This filing signals the completion of a significant divestiture for JinkoSolar, potentially impacting its operational footprint and financial structure related to its Xinjiang operations.

Risk Assessment

Risk Level: low — The filing reports the completion of a previously announced transaction, indicating a finalization rather than a new, uncertain event.

Key Players & Entities

FAQ

What is the purpose of this 6-K filing by JinkoSolar Holding Co., Ltd.?

This 6-K filing reports that JinkoSolar's subsidiary, Jiangxi Jinko, completed the registration with local authorities for the transfer of its 100% equity interest in Xinjiang Jinko, finalizing a previously announced transaction.

Which subsidiary of JinkoSolar was involved in the equity transfer?

Jiangxi Jinko, a subsidiary of JinkoSolar Holding Co., Ltd., was involved in transferring its 100% equity interest.

What percentage of equity was transferred in Xinjiang Jinko?

100% of the equity interest in Xinjiang Jinko was transferred.

When was the initial announcement made regarding the transfer of Xinjiang Jinko's equity interest?

Reference is made to a Current Report on Form 6-K furnished on May 24, 2023, in connection with the signing of the agreement for this transfer.

What is the Commission File Number for JinkoSolar Holding Co., Ltd.?

The Commission File Number for JinkoSolar Holding Co., Ltd. is 001-34615.

From the Filing

0001104659-24-027266.txt : 20240226 0001104659-24-027266.hdr.sgml : 20240226 20240226071031 ACCESSION NUMBER: 0001104659-24-027266 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240226 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JinkoSolar Holding Co., Ltd. CENTRAL INDEX KEY: 0001481513 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34615 FILM NUMBER: 24673534 BUSINESS ADDRESS: STREET 1: 1 YINGBIN ROAD STREET 2: SHANGRAO ECONOMIC DEVELOPMENT ZONE CITY: JIANGXI PROVINCE STATE: F4 ZIP: 334100 BUSINESS PHONE: (86-793)858-8188 MAIL ADDRESS: STREET 1: 1 YINGBIN ROAD STREET 2: SHANGRAO ECONOMIC DEVELOPMENT ZONE CITY: JIANGXI PROVINCE STATE: F4 ZIP: 334100 6-K 1 tm247242d1_6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2024 Commission File Number: 001-34615 JinkoSolar Holding Co., Ltd. (Translation of registrant’s name into English) 1 Yingbin Road Shangrao Economic Development Zone Jiangxi Province, 334100 People’s Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x Form 40-F ¨ JinkoSolar’s Subsidiary Jiangxi Jinko Completed Registration with Local Authority for Transferring Its 100% Equity Interest in Xinjiang Jinko Reference is made to the Current Report on Form 6-K being furnished by JinkoSolar Holding Co., Ltd. (the “Company”) with the U.S. Securities and Exchange Commission on May 24, 2023 in connection with the signing of an equity transfer agreement by Jinko Solar Co., Ltd. (“Jiangxi Jinko”), the Company’s majority-owned principal operating subsidiary, for the disposal of its 100% equity interest in Xinjiang Shibang Solar Energy Technology Co., Ltd. (formerly known as Xinjiang Jinko Solar Co., Ltd. (“Xinjiang Jinko”)). On February 26, 2024, Jiangxi Jinko has completed the registration with the local authority for transferring its 100% equity interest in Xinjiang Jinko. After the completion of the registration, Jiangxi Jinko is no longer the shareholder of Xinjiang Jinko. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. JinkoSolar Holding Co., Ltd. By: /s/ Mengmeng (Pan) Li Name: Mengmeng (Pan) Li Title: Chief Financial Officer Date: February 26, 2024

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