About 500MW! Jinko Technology Sells Photovoltaic Power Plants Again

2023-06-15 10:20:04

Jinko Technology Sells Power Plants Again

On June 14, Jingke Science and Technology announced that the board of directors of the company authorized the management of the company to handle matters related to the sale of the shares of the household photovoltaic power plant project company, and that the total installed capacity of the household photovoltaic power plant involved in the authorized transfer of the shares of the project company did not exceed 500 MW. The term of authorization is from the date of approval by the board of directors to December 31, 2023.

Jingke Technologies said that the sale of household photovoltaic power generation system assets is in line with the company's "light assets" operation strategy, which is conducive to further optimizing the company's business development model and asset structure, and promoting the healthy turnover of household photovoltaic power generation system assets.

In fact, this is not the first time that Jinko has sold power plants this year.

On March 1, Jingke Science and Technology announced that the company intends to transfer 100% equity of Tongling Jingneng Photovoltaic Power Co., Ltd., a wholly-owned subsidiary, to Guizhou Energy Group Co., Ltd. of Guangdong Province. The installed capacity of the photovoltaic power station involved in the transaction is about 110 MW, and the pre-tax profit is expected to be about 51.12 million yuan. On

10 March, the Company announced again that it proposed to sell 100% equity interests in 7 industrial and commercial distributed photovoltaic power station project companies (target companies) held by Shanghai Jinko, a wholly-owned subsidiary of Shanghai Ganghua. The total installed capacity involved in the transaction is 50.83 MW, which is expected to generate a pre-tax profit of approximately RMB39.92 million.


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Correlation

Jinko Technology Sells Power Plants Again

2023-06-15 10:20:04

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.