JinkoSolar Holding Co., Ltd. Investigation

Company: JinkoSolar Holding Co., Ltd.

Ticker: (NYSE) JKS

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Allegations

The complaint filed against JinkoSolar Holding Co., Ltd. alleges the company made statements that were materially false and/or misleading and/or failed to disclose that: During the Q1 2025 earnings call on April 29, 2025, Charlie Cao, the CFO of principal operating subsidiary, Jinko Solar Co., Ltd., told analysts: "We expect the gross margin to improve and slightly in the second quarter given the module price reaching upward trend with the push demand from China and other regions." At the same time, the company acknowledged that average selling prices were under pressure and that a 145% U.S. tariff on Chinese solar goods was already under discussion during the call's Q&A session. The filing did not quantify the expected margin impact of those tariff costs or the trajectory of module pricing declines. By Q4 2025, revenue had fallen 34% year-over-year, and the company reported a GAAP net loss of $214.5 million -- a swing from the positive outlook management had projected months earlier. The gap between the forward guidance and the reported result left investors holding shares purchased at prices that reflected an improving margin trajectory.

Eligibility

To join the lawsuit, you must have experienced a loss on JinkoSolar Holding Co., Ltd. shares purchased within the class period specified above.