UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of February 2025
Commission File Number: 001-34615
JinkoSolar Holding Co., Ltd.
(Translation of registrant’s name into English)
1 Yingbin Road
Shangrao Economic Development Zone
Jiangxi Province, 334100
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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JinkoSolar Holding Co., Ltd. |
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By: |
/s/ Mengmeng (Pan) Li |
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Name: |
Mengmeng (Pan) Li |
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Title: |
Chief Financial Officer |
Date:
February 27, 2025
Exhibit 99.1
JinkoSolar's Subsidiary, Jinko Solar Co., Ltd., Announces
Certain Preliminary Unaudited Financial Results for Full Year 2024
02/27/2025
SHANGRAO, China, Feb. 27, 2025 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers
in the world, announced that its majority-owned principal operating subsidiary, JinkoSolar Co., Ltd. ("Jiangxi Jinko"), has
published certain preliminary unaudited financial results under PRC GAAP for the year ended December 31, 2024.
For the year ended December 31, 2024, (i) the preliminary unaudited
revenues of Jiangxi Jinko were RMB92.62 billion, decreasing by 21.96% year-on-year, (ii) the preliminary unaudited net income attributable
to the shareholders of Jiangxi Jinko was RMB90.54 million, decreasing by 98.78% year-on-year, and (iii) the preliminary unaudited net
loss attributable to the shareholders of Jiangxi Jinko, excluding extraordinary gains and losses, was RMB1,011.98 million, decreasing
by 114.66% year-on-year. These decreases were primarily attributable to a decline in the profitability of Jiangxi Jinko's main business
due to reduced selling prices of its photovoltaic products.
In 2024, demand for global photovoltaic installations and the
scale of the industry continued to grow. However, intensified supply-demand mismatches across the industry resulted in downward pressure
on the prices of end products, posing significant challenges to profitability across the industrial chain. During 2024, Jiangxi Jinko
demonstrated stronger operational resilience when compared to its peers, resulting from its leading technological advantages, continuous
optimization of capacity structure, and robust overseas market channels. Jiangxi Jinko maintains a leading position in module shipments
and has consistently launched initiatives to improve operational efficiency and reduce costs. It has also upgraded its globalization strategy
and enhanced its digital management capabilities. However, Jiangxi Jinko experienced a substantial decline in its financial performance
in 2024, due to prolonged pricing pressure across the industrial chain and short-term factors such as the elimination of obsolete production
capacity and a fire accident.
The preliminary unaudited financial results for Jiangxi
Jinko for full year 2024 included in this press release (the "Jiangxi Jinko Preliminary Unaudited Financial Results")
differ from JinkoSolar’s consolidated financial results (the "Consolidated Financials"), due to (i) the
consolidation scope of the Jiangxi Jinko Preliminary Unaudited Financial Results differing from that of the Consolidated Financials
as the former are prepared solely for Jiangxi Jinko, whereas the Consolidated Financials also include financial statements from
JinkoSolar and its other subsidiaries, and (ii) differences in accounting standards and principles used to prepare the Jiangxi Jinko
Preliminary Unaudited Financial Results and the Consolidated Financials. Specifically, the Jiangxi Jinko Preliminary Unaudited
Financial Results are prepared in accordance with PRC GAAP, whereas the Consolidated Financials are prepared in accordance with
accounting principles generally accepted in the United States. As such, investors in JinkoSolar should exercise caution when
reviewing the Jiangxi Jinko Preliminary Unaudited Financial Results included in this press release and are advised not to base their
investment decisions solely on such preliminary unaudited financial results.
Jiangxi Jinko Preliminary Unaudited Financial Results included
in this press release are unaudited and are subject to change upon the completion of the audit process for full year 2024. Jiangxi Jinko
Preliminary Unaudited Financial Results should not be viewed as a substitute for the full financial statements of Jiangxi Jinko prepared
in accordance with PRC GAAP.
JinkoSolar currently owns approximately 58.59% equity interest in Jiangxi
Jinko.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative
solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified
international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile,
South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland,
Greece and other countries and regions.
JinkoSolar had over 10 productions facilities globally, over
20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil,
Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network
with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates,
Netherlands, Vietnam and India, as of September 30, 2024.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates" and similar statements. Among other things, the quotations from management in this press release and the
Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and
uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information
regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission,
including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any
forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
View
original content: https://www.prnewswire.com/news-releases/jinkosolars-subsidiary-jinko-solar-co-ltd-announces-certain-preliminary-unaudited-financial-results-for-full-year-2024-302387384.html
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