FilingReader Intelligence

Jinko Power outlines 2026 plans after board approvals

December 11, 2025 at 05:09 AM UTCBy FilingReader AI

Jinko Power Technology's board of directors, at its 37th meeting on December 10, 2025, approved several key proposals for 2026, which will be submitted for shareholder approval at the seventh extraordinary general meeting on December 26, 2025. These include re-appointing Tianjian Certified Public Accountants as the company's auditor for 2025 and establishing a credit facility of up to RMB 9.5 bn with financial institutions for project construction and working capital needs.

The board also approved a 2026 guarantee plan, anticipating a total new guarantee limit of up to RMB 9.5 bn (or equivalent foreign currency) for its consolidated subsidiaries and $200m for its associate company, Dhafrah PV2 Energy Company LLC. Additionally, a forecast for related-party transactions in 2026 was approved, projecting raw material purchases, labor services, and office rental from Jinko Solar Co., Ltd. and its subsidiaries, totaling RMB 339m.

These decisions collectively outline Jinko Power Technology's strategic financial and operational framework for the upcoming year, aiming to enhance business development and operational efficiency. The related-party transactions, specifically, are crucial for the company’s normal business operations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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