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SHA:601778

5 stories mentioning SHA:601778Updated just now

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Asia

Jinko Power Technology to Invest 200 Million Yuan in New Generation IT Fund

Jinko Power Technology (SHA:601778) committed 200 million yuan as a limited partner in the Shenzhen Runxin Tianji Equity Investment Fund.The amount represented 31.75% of the 630-million-yuan fund, according to a Thursday filing with the Shanghai bourse.The fund, managed by CSC Capital, will target unlisted companies in the new generation information technology sector.Shares of the solar panel manufacturer were down 2% in recent trade.

SHA:601778
Asia

Jinko Power Offloads Investment Project Company for 17 Million Yuan; Shares Down 2%

Jinko Power Technology (SHA:601778), through unit Hengfeng Fuzhong Power, plans to divest its entire equity interest in Tianjin Jingneng Photovoltaic Power Generation for 17.4 million yuan, according to a Shanghai bourse filing on Thursday.Suzhou Port Energy Investment Green Energy Development will acquire the stake.Tianjin Jingneng Photovoltaic Power Generation was established to implement a fundraising investment project that has since been completed and closed.The Chinese clean energy supplier's shares dropped 2% in recent trade.

SHA:601778
Asia

Jinko Power Technology Cancels Repurchased Shares

Jinko Power Technology (SHA:601778) will cancel about 14.7 million repurchased shares that remained unused for its employee stock award program, according to a Tuesday filing with the Shanghai bourse.The cancellation will reduce the clean energy supplier's shareholding to 3.72 billion shares from 3.74 billion shares.The operation will help increase earnings per share, the filing said.

SHA:601778
Asia

Chinese Stocks Jump Over Potential US-Iran Deal

Chinese equities made gains for a second day as sentiment was uplifted over the possibility of the U.S. and Iran striking a deal.The Shanghai Composite Index rose 0.5%, or 19.92 points, to finish Thursday's trade at 4,180.09. The Shenzhen Component Index jumped 1.2%, or 182.27 points, to 15,641.89.U.S. President Donald Trump said the U.S. and Iran had "very good talks" after the U.S. handed a proposal in ending the war.In corporate news, Far East Smarter Energy (SHA:600869) jumped 7.3% after receiving contract orders worth 2.63 billion yuan in April.Inner Mongolia Xingye Silver & Tin Mining (SHE:000426) climbed 6.6% after a unit agreed to fully acquire Tibet Sunshine Mining Investment for 164 million yuan.Jinko Power Technology (SHA:601778) rose 3.8% after deciding not to redeem early bonds worth 3 billion yuan despite its redemption clause being triggered.

Shanghai Composite^SZSESHA:600869SHA:601778SHE:000426
Asia

Jinko Power Technology Decides Not to Redeem Early Bonds Worth 3 Billion Yuan

Jinko Power Technology (SHA:601778) decided not to redeem early bonds worth 3 billion yuan despite the redemption option being triggered, according to a Shanghai bourse filing on Thursday.The redemption clause would be triggered after the closing price of the company's stock is not lower than 130% of the conversion price and the remaining balance of unconverted bonds is less than 30 million yuan.The initial conversion price of 6.75 yuan per share was lowered a number of times until it reached 4.50 yuan per share in September 2025.The six-year convertible bonds were issued on April 23, 2021.The solar panel manufacturer's shares jumped less than 4% at the close.

SHA:601778

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