JinkoSolar’s Subsidiary Jiangxi Jinko signs Equity Transfer Agreement for disposal of its 100% equity interest in Xinjiang Jinko

SHANGRAO, China, May 24, 2023 /PRNewswire/ — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd. ("Jiangxi Jinko"), has entered into an equity transfer agreement (the "Agreement") with Ziyang Major Industry Equity Investment Fund Partnership (Limited Partnership) and Mr. Shihong Dong (the "Acquirors"), pursuant to which Jiangxi Jinko agrees to sell its 100% equity interest in Xinjiang Jinko Solar Co., Ltd. ("Xinjiang Jinko"), a wholly-owned subsidiary of Jiangxi Jinko, at a consideration of RMB4.3…