JinkoSolar Plans A Share Sale in Subsidiary

TL;DR

JKS proposing A Share sale in subsidiary Jinko Solar Co., Ltd. via inquiry transfer/placement.

AI Summary

JinkoSolar Holding Co., Ltd. announced on September 12, 2025, a proposed sale of A Shares in its subsidiary, Jinko Solar Co., Ltd. This transaction will be conducted through an inquiry transfer and placement. The filing is a Form 6-K, indicating a report of a foreign private issuer.

Why It Matters

This move could impact the valuation and liquidity of the subsidiary's shares, potentially affecting JinkoSolar's overall financial structure and investor perception.

Risk Assessment

Risk Level: medium — The sale of shares in a subsidiary can introduce complexities and potential risks related to valuation, market reception, and the impact on the parent company's financial reporting.

Key Players & Entities

• JinkoSolar Holding Co., Ltd. (company) — Registrant
• Jinko Solar Co., Ltd. (company) — Subsidiary
• September 12, 2025 (date) — Filing Date

FAQ

From the Filing

0001410578-25-002285.txt : 20250912 0001410578-25-002285.hdr.sgml : 20250912 20250912082018 ACCESSION NUMBER: 0001410578-25-002285 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250912 FILED AS OF DATE: 20250912 DATE AS OF CHANGE: 20250912 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 EIN: 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: 251310088 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 tm2525986d1_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 September 2025 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 ¨ EXHIBIT INDEX Number Description of Document 99.1 Press release - JinkoSolar Announces Proposed Sale of A Shares in Its Subsidiary, Jinko Solar Co., Ltd., through Inquiry Transfer and Placement 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: September 12, 2025 EX-99.1 2 tm2525986d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 JinkoSolar Announces Proposed Sale of A Shares in Its Subsidiary, Jinko Solar Co., Ltd., through Inquiry Transfer and Placement SHANGRAO, China, September 12, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (“ JinkoSolar ” or the “ Company ”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that, in order to raise funds for its business operations, the Company intends to sell up to 300,156,075 A shares of Jinko Solar Co., Ltd. (“ Jiangxi Jinko ”), an indirect, majority-owned principal operating subsidiary of the Company incorporated in the PRC whose A shares are listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, to certain qualified institutional investors (the “ Sale of A Shares ”). The Sale of A Shares will be conducted through an inquiry transfer and placement pursuant to the rules of the Shanghai Stock Exchange (the “ Inquiry Transfer and Placement ”). The purchase price per A share for the Inquiry Transfer and Placement will be no less than 70% of the average trading price of the A shares of Jiangxi Jinko for the 20 consecutive trading days prior to the date of a subscription invitation sent to potential investors (i.e., September 12, 2025, inclusive), in compliance with the rules of the Shanghai Stock Exchange. The completion of the Sale of A Shares is subject to market conditions. “We believe that the sale of A Shares will strengthen our cash flows, improve our cash position, support our ongoing business operations, and enhance our resilience to risks. Meanwhile, it allows us to preserve the capacity for future shareholder returns, reinforcing long-term shareholder value.” said Mr. Xiande Li, Chair