PVTIME – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, is in the process of applying for an initial public offering (“IPO”) of the Company’s principal operating subsidiary, Jinko Solar Co., Ltd. (“Jiangxi Jinko”), on the Shanghai Stock Exchange’s Sci-Tech innovation board. Today, Jiangxi Jinko’s updated IPO prospectus and indicative IPO timetable was published by the Shanghai Stock Exchange on its website.
According to the updated prospectus and indicative timetable, Jiangxi Jinko plans to issue 2,000,000,000.00 shares representing approximately 20% of the total 10,000,000,000.00 shares outstanding after the IPO. Jiangxi Jinko will conduct a roadshow with potential investors between January 7, 2022 and January 11, 2022. The pricing of the IPO is expected to be confirmed by the Shanghai Stock Exchange on January 13, 2022. The issuance and subscription date of the IPO is expected to be on January 17, 2022.
The final IPO share placement and share allocation are expected to be confirmed on January 20, 2022. The final IPO results are expected to be announced by the Shanghai Stock Exchange on January 21, 2022.
Mr. Xiande Li, JinkoSolar’s Chairman of the Board of Directors and Chief Executive Officer, commented, “We are excited that Jiangxi Jinko will soon be listed on the Shanghai Stock Exchange’s Sci-Tech innovation board. We are looking forward to this milestone, which we believe will enable us to further accelerate our growth.”
 (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, is in the process of…){kind=link}