JinkoSolar Holding Co., Ltd. (JKS)

JinkoSolar Holding Co., Ltd. is a China-based global photovoltaic (PV) manufacturer with a vertically integrated value chain that runs from silicon wafers to solar cells and solar modules. It sells most of its modules under its own "JinkoSolar" brand and a small portion on an OEM basis. It also sells wafers and cells not used in its own module production, and since 2022 it has expanded into energy storage. The company began operations in June 2006, was incorporated in the Cayman Islands in 2007, listed on the New York Stock Exchange in 2010, and sold its downstream solar power project business in China in 2016. Its subsidiary Jiangxi Jinko is separately listed on the STAR Market of the Shanghai Stock Exchange.

Its principal product is solar modules, with shipments of about 86.8 GW in 2025. The N-type Tiger Neo series, based on TOPCon cell technology, made up over 99% of 2025 module shipments. The company also makes monocrystalline silicon wafers, solar cells and other solar materials, plus small volumes of recovered silicon materials. In 2025, PV products accounted for 95.5% of revenue and other solar materials for 4.5%. Its energy storage business offers residential, commercial and industrial, and utility-scale systems, with 17 GWh of system integration capacity and 5 GWh of battery cell capacity at the end of 2025. It also invests in advanced technology such as perovskite-silicon tandem cells and holds product certifications including TÜV, UL, BIS and CE.

The company serves utility-scale developers, EPC contractors and distributed generation customers. At the end of 2025 it had over 8,700 customers in nearly 200 countries and regions for its modules and energy storage systems. It sells in China and major export markets, with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, the Netherlands, Vietnam and India. It has entered framework and distribution agreements for energy storage with power suppliers and distributors in regions including Africa, Southeast Asia, North America, Australia, Japan, Europe and Latin America.

The principal executive office is in Shangrao, Jiangxi Province, China. At the end of 2025 the company had over 10 production facilities worldwide and over 20 overseas subsidiaries. Its annual capacity was 120.0 GW for mono wafers, 95.0 GW for cells and 130.0 GW for modules. Manufacturing sites are in Chinese provinces such as Jiangxi, Zhejiang, Anhui, Sichuan, Gansu, Qinghai and Shanxi, and overseas in Vietnam, Malaysia and the United States, which has 2 GW of module capacity. It had 14 GW of overseas N-type integrated capacity, and the 56 GW Shanxi Integrated Base is being built in phases. The company is also pursuing a joint venture in Saudi Arabia, still at a preliminary stage, for local cell and module manufacturing. It owns land use rights to about 7.7 million square meters and has phased out outdated capacity at some facilities.