jiangxi jinko

Solar manufacturer JinkoSolar’s subsidiary, Jinko Solar, has released preliminary results for its fiscal year ended in 2023 with net income up between 146-170% year over year.

The net income of JinkoSolar subsidiary Jiangxi Jinko has reached RMB6.54 billion (US$894.1 million) in the first nine months of 2023.

JinkoSolar has revealed details of a multi-project silicon pull rod, module assembly and aluminium frame expansion in China, which the manufacturer is to invest a combined RMB20.8 billion (US$3.27 billion) in.

Shares in ‘Solar Module Super League’ (SMSL) member JinkoSolar’s operating subsidiary surged on the company’s Shanghai stock market debut, closing at more than double their listing price.