JinkoSolar Transfers RMB 2.9B in Convertible Bonds

Ticker: JKS · Form: 6-K · Filed: 2024-03-13T00:00:00.000Z

Sentiment: neutral

Topics: debt, convertible-bonds, filing

TL;DR

JinkoSolar moved nearly 3 BILLION RMB in convertible bonds since late Jan. Watch this.

AI Summary

JinkoSolar Holding Co., Ltd. announced on March 13, 2024, that it has transferred Convertible Bonds with a book value of RMB 2,929.8 million since January 30, 2024. This filing is a report of a foreign private issuer for the month of March 2024.

Why It Matters

The transfer of a significant amount of convertible bonds could indicate changes in the company's debt structure or investor sentiment regarding its future stock performance.

Risk Assessment

Risk Level: medium — The transfer of a large volume of convertible bonds can signal potential future dilution or changes in the company's financial leverage, requiring closer monitoring.

Key Numbers

Key Players & Entities

FAQ

What is the total book value of Convertible Bonds transferred by JinkoSolar?

The total book value of Convertible Bonds transferred by JinkoSolar since January 30, 2024, is RMB 2,929.8 million.

What is the filing date of this Form 6-K?

This Form 6-K was filed on March 13, 2024.

What type of report is this Form 6-K?

This is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.

What is the principal executive office address of JinkoSolar?

The principal executive offices are located at 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, 334100, People's Republic of China.

Since when has JinkoSolar been transferring these Convertible Bonds?

JinkoSolar has been transferring these Convertible Bonds since January 30, 2024.

From the Filing

0001104659-24-033733.txt : 20240313 0001104659-24-033733.hdr.sgml : 20240313 20240313070959 ACCESSION NUMBER: 0001104659-24-033733 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240313 DATE AS OF CHANGE: 20240313 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: 24744562 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 tm248744d1_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 March 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 ¨ This Current Report on Form 6-K is being furnished by JinkoSolar Holding Co., Ltd. (the “ Company ”) with the U.S. Securities and Exchange Commission (the “ SEC ”) to announce that it has transferred the Convertible Bonds (as defined below) in an aggregate amount (book value) of RMB2,929.8 million since January 30, 2024. As announced in the Current Reports on Form 6-K furnished by the Company with the SEC on April 25, 2023 and January 29, 2024, Jinko Solar Co., Ltd. (“ Jiangxi Jinko ”), the majority-owned principal operating subsidiary of the Company, completed the issuance of convertible bonds in the principal amount of RMB10 billion (the “ Convertible Bonds ”) on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, and the Company had subscribed for the Convertible Bonds in an aggregate amount of RMB5.5 billion. Following such transfer, the Company no longer holds any Convertible Bonds. The Company currently owns approximately 58.59% equity interest in Jiangxi 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: March 13, 2024

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