JinkoSolar - Asia Tech Wire

JinkoSolar

2025.03.09

16:57

Many photovoltaic companies responded to the impact of the power market reform and the significant increase in module production in March

Recently, a number of leading companies in the photovoltaic industry disclosed their February research minutes. The reporter noticed that investors generally paid attention to the potential impact of the domestic electricity market reform policy on subsequent market demand. JinkoSolar said that with the steady progress of the industry's supply-side reform and the recovery of demand after the Spring Festival, coupled with the expectation of rush installation in the first half of the year due to the electricity market reform, the price of components in the domestic market has risen slightly. The company believes that in the short term, the new and old separation policy may stimulate some photovoltaic projects to rush to install in advance; in the medium and long term, it will promote the transformation of the power system to an efficient, low-carbon and flexible direction, give rise to spontaneous energy storage demand, and promote the high-quality development of the photovoltaic industry. Longi Green Energy said that due to the impact of the domestic new energy power market entry policy, it is expected that there may be a certain rush to install in the second quarter of 2025. At present, the domestic distributed market has gradually started to increase in volume, driving the price of distributed components to rise moderately, and other links have also been adjusted to varying degrees due to the influence of terminal demand. Regarding the changes in the prices of the subsequent industrial chain, we still need to pay attention to the changes in the relationship between industry output and demand.

2025.03.03

09:58

The A-share photovoltaic equipment sector moved higher abnormally, with Mubang Hi-Tech hitting its daily limit, followed by Jinbo Holdings, JinkoSolar, Shuangliang Energy Saving, Ainengju, and Junda Holdings.

09:57

Photovoltaic equipment sector moves higher; Mubang Hi-Tech hits daily limit

The photovoltaic equipment sector moved higher abnormally, with Mubang Hi-Tech hitting its daily limit, followed by Jinbo Holdings, JinkoSolar, Shuangliang Energy Saving, Aineng Ju, and Junda Holdings.

2025.02.27

16:57

JinkoSolar: Net profit in 2024 is 90.5409 million yuan, a year-on-year decrease of 98.78%

JinkoSolar announced that the company achieved total operating revenue of 92.621 billion yuan in 2024, a year-on-year decrease of 21.96%; net profit attributable to the parent company's owners was 90.5409 million yuan, a year-on-year decrease of 98.78%; net profit attributable to the parent company's owners after deducting non-recurring gains and losses was -1.012 billion yuan, a year-on-year decrease of 114.66%; basic earnings per share was 0.01 yuan, a year-on-year decrease of 98.65%.

2025.02.26

14:02

The A-share photovoltaic concept sector fluctuated upward in the afternoon. Longi Green Energy, CHINT Solar, Trina Solar, and JinkoSolar rose by more than 5%, followed by Aero Energy, Foster, JA Solar, Del Laser, and Aixun Technology.

13:46

Component prices are rising across the board? Response from leading PV companies

Recently, media reported that many domestic first-tier photovoltaic component companies collectively raised component prices. According to feedback from channel sources, major mainstream component brands have adjusted prices to varying degrees this week, among which Longi Green Energy's component price per watt has increased by 5 cents, JinkoSolar and Trina Solar's component products have increased by 3 cents, and Chint's component price has increased by 2 cents. In response, the reporter called Longi Green Energy and Tongwei Co., Ltd. as an investor. Longi Green Energy's relevant staff said that there have been some small increases recently, but it is necessary to further observe whether the overall supply and demand changes can form a trend. In addition, the staff member believes that it is only a short-term change at present, and it is impossible to determine the trend. There are also many factors that lead to the increase in component prices, and it is difficult to accurately evaluate the reasons for the increase. Tongwei Co., Ltd.'s relevant staff said that they are currently understanding it, and it is expected that a third-party market agency will release news information today, which can be paid attention to.

09:37

The A-share photovoltaic equipment sector rose in early trading, with Tongling shares rising more than 8%, Foster rising more than 7%, JinkoSolar, CHINT Solar, Trina Solar, Hiyou New Materials and many other stocks rising more than 5%.

09:36

Photovoltaic equipment sector rose, Tongling shares rose by more than 10%

The photovoltaic equipment sector rose, with Tongling shares rising by more than 10%, followed by Dico Holdings, JinkoSolar, Tongxiang Technology, Foster, and CHINT Solar.

2025.02.11

19:17

LONGi Green Energy sues JinkoSolar for patent infringement in Shandong

LONGi Green Energy sued JinkoSolar for patent infringement in Shandong. It is understood that this time LONGi Green Energy sued JinkoSolar for patent infringement in the Intermediate People's Court of Jinan, Shandong, demanding that it immediately stop manufacturing, selling, and promising to sell the allegedly infringing products. The Intermediate People's Court of Jinan has accepted the lawsuit and is expected to open a trial on March 20. This is LONGi's counterclaim against JinkoSolar for patent infringement in China after the United States. In early January this year, JinkoSolar sued LONGi for patent infringement in Nanchang, Jiangxi. On January 21, LONGi countersued JinkoSolar in the United States for infringing TOPCon technology patents. On January 24, JinkoSolar sued LONGi's Japanese subsidiary for patent infringement in Tokyo, Japan. On February 4, JinkoSolar's Australian subsidiary sued LONGi Australia for patent infringement in the Federal Court of Australia. Sources revealed that the patents based on which JinkoSolar sued LONGi for patent infringement this time came from the purchase of multiple photovoltaic patent packages from South Korea's LG company.

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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