Jinko Solar Secures CNY 43.34 Million Procurement Contract from Guangxi Jiaotong Technology

Deep News
Aug 13

The company Jinko Solar Co.,Ltd. (688223.SH) has been announced as the successful bidder for a procurement project by Guangxi Jiaotong Technology Co., Ltd., according to enterprise data from a business information platform. The announcement was made on August 13, 2026, following the release of the "Award Notice for the First Batch of Photovoltaic Module Procurement Projects of Guangxi Jiaotong Technology Co., Ltd. in 2026."

The total winning bid amount is 43.3398 million yuan. This project is linked to the listed entity Jinko Solar Co.,Ltd. (688223.SH).

Financial snapshot for 2025: Jinko Solar Co.,Ltd. (688223.SH) reported annual revenue of 65.492 billion yuan, reflecting a year-on-year decline of 29.18%. Net profit attributable to the parent company was a loss of 6.882 billion yuan, marking a 7056.11% decrease from the previous year. The return on equity stood at -23.86%.

First quarter 2026 results: For the first quarter of 2026, the company generated revenue of 12.248 billion yuan, down 11.52% year-on-year. The net loss attributable to the parent company was 1.35 billion yuan, with a growth rate of 2.85% compared to the same period last year. The company operates within the industrial sector, with its primary products being semiconductor solar photovoltaic cells, specialized equipment, and parts. According to the 2025 annual report, the revenue breakdown by main business is as follows: photovoltaic modules accounted for 95.47%, other business segments for 4.49%, and leasing for 0.03%.

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