Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against JinkoSolar Holding Co., Ltd.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Why Is JinkoSolar Holding Co., Ltd. (JKS) Under Investigation?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of JinkoSolar Holding Co., Ltd. (“JinkoSolar” or “the Company”) (NYSE: JKS). Investors who purchased JinkoSolar securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether JinkoSolar has violated federal securities laws.
What Potential Securities Violations Is BG&G Investigating?
On January 17, 2025, JinkoSolar issued a press release reporting “estimates for certain preliminary unaudited financial results” for 2024 for “its majority-owned principal operating subsidiary, Jinko Solar Co., Ltd.” Among other items, JinkoSolar estimated 2024 net income in the range of 80 million yuan to 120 million yuan ($10.92 million to $16.37 million), equating to a decline of more than 98%. JinkoSolar also expects to report full-year preliminary unaudited net loss attributable to shareholders excluding extraordinary gains and losses in the range of 750 million yuan to 1.05 billion yuan, representing a decrease of 100.8% to 115.2%. On this news, JinkoSolar’s American depositary receipt (“ADR”) price fell $2.30 per ADR, or 9.77%, to close at $21.24 per ADR on January 17, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased JinkoSolar securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
How Did JinkoSolar Holding Co., Ltd. (JKS) Stock React?
How Does BG&G Help Investors in Securities Fraud Investigations?
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”