JinkoSolar sells 75.1% stake in US unit Jinko Industries for US$191.5 million
JinkoSolar Holding Co., Ltd. Sponsored ADR JKS | 0.00 |
- JinkoSolar agreed to sell 75.1% of Jinko Solar (U.S.) Industries to FH JKV Holdings for about USD 191.5 million, subject to a post-closing adjustment tied to net asset value.
- Consideration will be paid in three tranches, with 51% due at closing.
- Upon completion, JinkoSolar U.S. Holding will retain 24.9%, Jinko Industries will be deconsolidated, and it will keep existing claims while remaining responsible for existing liabilities.
- An independent valuation put Jinko Industries’ equity value at about RMB 1.8 billion as of Nov. 30, 2025.
- Deal forms part of JinkoSolar’s overseas restructuring, with the company continuing to sell photovoltaic products in the U.S. market.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JinkoSolar Holdings Company Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057541), on May 08, 2026, and is solely responsible for the information contained therein.
