Jinko Solar Sells Xinjiang Jinko Subsidiary for US$606.7 Million and Announces Ambitious Manufacturing Expansion

Jinko Solar, a Chinese solar module manufacturer, has recently announced the sale of its subsidiary, Xinjiang Jinko, for RMB 4.3 billion (equivalent to approximately US$606.7 million). This strategic move by Jinko Solar involves the transfer of all shares previously held by its subsidiary, Jiangxi Jinko, effectively separating the two entities. The primary objective behind this