JinkoSolar’s Subsidiary Jinko Solar Co., Ltd. Proposes 2021 Cash Dividend Plan to Its Annual Shareholders’ Meeting For Approval – EQ Mag Pro
SHANGRAO, China : 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 on April 22, 2022, its subsidiary Jinko Solar Co., Ltd. (“Jiangxi Jinko”)’s board of directors approved its cash dividend plan for 2021 and proposed this plan to Jiangxi Jinko’s annual shareholders’ meeting for approval.
For 2021, the net income attributable to Jiangxi Jinko’s shareholders was approximately RMB1,141.4 million. Jiangxi Jinko’s board of directors has approved the plan to pay cash dividend to Jiangxi Jinko’s shareholders in an aggregate amount of approximately RMB230.0 million, which accounts for 20.15% of the net income attributable to Jiangxi Jinko’s shareholders in 2021. This plan still needs to be submitted to Jiangxi Jinko’s annual shareholders’ meeting for approval.
JinkoSolar currently owns approximately 58.62% 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, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 32.5 GW for mono wafers, 24 GW for solar cells, and 45 GW for solar modules, as of December 31, 2021.
JinkoSolar has 12 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, UAE and Denmark, and global sales teams in China, the United States, Canada, Germany, Switzerland, Italy, Japan, Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong Kong, as of December 31, 2021.
