Canadian Solar Subsidiary Files Q3 2024 Report

TL;DR

CSI Solar (subsidiary) filed its Q3 2024 report with Shanghai Stock Exchange.

AI Summary

Canadian Solar Inc. (CSI) announced that its majority-owned subsidiary, CSI Solar Co., Ltd., filed its third quarter 2024 report with the Shanghai Stock Exchange on October 29, 2024. CSI Solar is listed on the SSE's Sci-Tech Innovation Board, and Canadian Solar currently holds approximately 63% of its shares.

Why It Matters

This filing provides an update on the financial performance of CSI Solar, a significant subsidiary, which could impact Canadian Solar's overall financial health and investor outlook.

Risk Assessment

Risk Level: low — This is a routine filing providing an update on a subsidiary's report, not a material event like an acquisition or significant financial distress.

Key Numbers

• 63% — Ownership Stake (Canadian Solar's ownership in CSI Solar, indicating the subsidiary's significance.)

Key Players & Entities

• Canadian Solar Inc. (company) — Filer and parent company
• CSI Solar Co., Ltd. (company) — Majority-owned subsidiary
• Shanghai Stock Exchange (company) — Exchange where subsidiary's report was filed
• October 29, 2024 (date) — Date of filing
• 63% (dollar_amount) — Canadian Solar's ownership stake in CSI Solar

FAQ

From the Filing

0001104659-24-112018.txt : 20241029 0001104659-24-112018.hdr.sgml : 20241029 20241029070738 ACCESSION NUMBER: 0001104659-24-112018 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20241029 FILED AS OF DATE: 20241029 DATE AS OF CHANGE: 20241029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canadian Solar Inc. CENTRAL INDEX KEY: 0001375877 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33107 FILM NUMBER: 241402666 BUSINESS ADDRESS: STREET 1: 545 SPEEDVALE AVENUE WEST CITY: GUELPH STATE: A6 ZIP: N1K 1E6 BUSINESS PHONE: 416-365-1110 MAIL ADDRESS: STREET 1: 66 WELLINGTON STREET WEST STREET 2: SUITE 4100 CITY: TORONTO STATE: A6 ZIP: M5K 1B7 6-K 1 tm2426951d1_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 October 2024 Commission File Number: 001-33107 CANADIAN SOLAR INC. 545 Speedvale Avenue West, Guelph, Ontario, Canada N1K 1E6 (Address of principal executive office) 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 ¨ CANADIAN SOLAR INC. Form 6-K TABLE OF CONTENTS Explanatory Note Signature Exhibit Index Exhibit 99.1 Explanatory Note CSI Solar Co., Ltd. (“CSI Solar”), a majority-owned subsidiary of Canadian Solar Inc. (“Canadian Solar”) with its shares listed on the Shanghai Stock Exchange (“SSE”)’s Sci-Tech Innovation Board, has filed with the SSE its report regarding the third quarter of 2024 (the “ 2024 Third Quarter Report ”). Currently, Canadian Solar owns approximately 63% of CSI Solar. Exhibit 99.1 provides an English translation of the 2024 Third Quarter Report of CSI Solar. SIGNATURE 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. CANADIAN SOLAR INC. By: /s/ Shawn (Xiaohua) Qu Name: Shawn (Xiaohua) Qu Title: Chairman and Chief Executive Officer Date: October 29, 2024 EXHIBIT INDEX Exhibit 99.1 — CSI Solar Co., Ltd. 2024 Third Quarter Report EX-99.1 2 tm2426951d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 SSE Stock Code: 688472 SSE Stock Abbreviation: CSI Solar CSI Solar Co., Ltd. 2024 Third Quarter Report           The board of directors of CSI Solar Co., Ltd. (the “Company”) and all members of the board of directors guarantee that the information of this public announcement contains no misrepresentations, misleading statements or material omissions, and they are legally responsible for the truthfulness, accuracy and completeness of the information contained herein. Important Notice: The board of directors, the supervisory committee, the directors, supervisors, and senior management members of the Company guarantee that the information contained in this quarterly report is true, accurate, and complete without any false information, misleading statements or material omissions, and severally and jointly accept legal responsibility for the above. The person in charge of the Company, person in charge of accounting function, and the person in charge of accounting institution (head of accounting department) guarantee that the financial statements contained in this quarterly report are true, accurate, and complete. Whether the financial statements for the third quarter have been audited: ¨  Yes x  No For the first three quarters of 2024, the Company achieved operating revenue of 34.18 billion yuan and net profit attributab