Jinko Power's controlling shareholder extends share pledge

Jinko Power Technology Co., Ltd. announced on December 5, 2025, that its controlling shareholder, Jinko New Energy Group Co., Ltd. (Jinko Group), has extended the pledge period for 137.5 million shares. This includes 107.4 million shares initially pledged on September 7, 2023, and 30.1 million shares pledged on September 6, 2024. The original pledge was set to expire on December 5, 2025, and has now been extended to June 4, 2026, with Guotai Haitong Securities Co., Ltd. as the pledgee.

As of the announcement date, Jinko Group holds 853.4 million shares in Jinko Power, representing 23.90% of the company's total share capital. Following this extension, the total number of pledged shares by Jinko Group remains unchanged at 222 million shares. This represents 26.01% of Jinko Group's total holdings and 6.22% of Jinko Power's total share capital.

The pledged shares are being used for loan replacement purposes. Jinko Power confirmed that the extended pledged shares will not be used as collateral for major asset restructurings, performance compensation, or other guarantee purposes.