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

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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...