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JinkoSolar: The controlling subsidiary plans to introduce strategic investors for capital increase and share expansion; the company waives its preemptive subscription rights

JinkoSolar: The controlling subsidiary plans to introduce strategic investors for capital increase and share expansion; the company waives its preemptive subscription rights

格隆汇格隆汇2026/01/16 13:34
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By:格隆汇
Gelonghui Jan 16|JinkoSolar (688223.SH) announced that its controlling subsidiary, Haining Jinko, intends to introduce strategic investors such as Xingyin Asset and Dongfang Asset through capital increase and share expansion. All parties plan to increase capital with cash by no more than RMB 3 billion in total, and are expected to obtain no more than 24.6771% equity in Haining Jinko after the capital increase. The funds raised will mainly be used for Haining Jinko to repay financial or operational liabilities. The company will waive its preemptive subscription rights for this portion of equity. After the completion of this capital increase, the company will directly and indirectly hold no less than 68.9419% of Haining Jinko’s shares, and Haining Jinko will continue to be included in the company’s consolidated financial statements.
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