Jinko Solar Technology: Transfer of subsidiary equity results in some related party transactions no longer being included in the consolidated financial statements.

date
27/03/2026
Jinko Solar Technology announced that the company recently completed the transfer of 100% equity of its wholly-owned subsidiary Hengfeng Guangsheng to an external party, and the business registration change procedures have been completed. Hengfeng Guangsheng and its wholly-owned subsidiaries Yuhuan Jingcai, Shangrao Shenglutu, and Feidong Jingtian will no longer be included in the company's consolidated financial statements, and future transactions with Jinko Energy will also no longer be considered related party transactions. The estimated annual related party transaction amounts are 14.8 million yuan, 3.2 million yuan, and 2.88 million yuan respectively. This transaction is part of implementing a light asset strategy, it will not harm the interests of the company and non-related shareholders, and will have little impact on financial and operational results.