JinkoSolar - Asia Tech Wire

JinkoSolar

2025.01.17

21:00

JinkoSolar: Net profit is expected to decrease by 98.39% to 98.92% year-on-year in 2024

JinkoSolar announced that it expects to achieve a net profit attributable to the parent company's owners of 80 million to 120 million yuan in 2024, which will be a decrease of 7.32 billion to 7.36 billion yuan, a year-on-year decrease of 98.39% to 98.92%. It is expected that the net profit attributable to the parent company's owners after deducting non-recurring gains and losses in 2024 will be -1.05 billion to -750 million yuan, which will be a decrease of 7.654 billion to 7.954 billion yuan, a year-on-year decrease of 110.86% to 115.21%.

2025.01.06

19:00

LONGi responds to JinkoSolar’s suit for patent infringement

Recently, JinkoSolar has sued Longi Green Energy in the Nanchang Intermediate People's Court, demanding that LONGi immediately stop infringing on relevant invention patents and compensate for economic losses. The case has been accepted.

2025.01.03

16:02

JinkoSolar sues LONGi for patent infringement

Chinese solar panel maker JinkoSolar has sued rival LONGi in the Nanchang Intermediate People's Court.

2024.12.02

15:31

The United States announced the preliminary results of the anti-dumping tariffs on photovoltaic cells from four Southeast Asian countries. JA Solar Technology: We will try to raise prices after the tariffs are high

According to media reports, the relevant Chinese photovoltaic enterprises with local production capacity, according to the latest preliminary ruling results, JinkoSolar was ruled to be subject to a 21.31% dumping tax rate for its products produced in Malaysia, and a 56.51% tax rate for its products produced in Vietnam; Trina Solar was subject to a 77.85% dumping tax rate for its products produced in Thailand, and a 54.46% tax rate for its products produced in Vietnam. JA Solar was subject to a 53.30% dumping tax rate for its products produced in Vietnam. Regarding the impact, a person related to JA Solar told reporters that this is the preliminary ruling result, and the final ruling result has not yet been released. It is reported that the company's production capacity in the four Southeast Asian countries is concentrated in Vietnam, and the company has also built a factory in the United States. At present, the first piece of the US base has been offline. If the subsequent US anti-dumping tax rate on photovoltaic cells in the four Southeast Asian countries is too high, (JA Solar) company considers shipping from the US component factory to avoid this (tax). At the same time, (JA Solar) company is also investigating investment opportunities in other countries outside the United States and the four Southeast Asian countries. In addition, the above-mentioned person also said that after the tax is high, either the price will be raised or the shipment will be changed to another place, and said: "The price will be raised for a while, and it depends on whether the market will accept it in the end." If Vietnam's production capacity does not enter the United States, what will happen to this part of the production capacity? The above-mentioned person said that there is no conclusion yet. (21 Finance)

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