Major Shareholder Zhuoling International Sells 2.02M Shares, Nearly Triple Prior Notice
JKS is trading near its 52-week low of $9.19 (11% above the low).
Summary
Director-controlled Zhuoling International sold 2.02 million JinkoSolar shares in late September — nearly triple the amount it had noticed just days earlier — reducing its stake by 15.8% amid the company's steep losses.
Key Events · Ownership and Investor Activity · JKS
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Major Shareholder Sells 2.02M Shares
Zhuoling International disposed of 2,020,000 Ordinary Shares (in ADS form) between September 22 and September 29, 2026, reducing its stake from 12.8 million to 10.78 million shares.
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Sale Nearly Triple Prior Notice
The actual disposal was nearly triple the 700,000 ADSs Zhuoling International had noticed in a Form 144 filed on September 22, 2026, indicating accelerated selling.
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Director's Beneficial Ownership Falls to 13.1%
Kangping Chen's total beneficial ownership is now 27,796,100 Ordinary Shares (13.1% of class), down from prior levels due to the Zhuoling International disposals.
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Selling Amid Steep Losses
The insider selling follows JinkoSolar's first-half net loss of RMB3.1 billion (US$461 million) reported in August 2026, with Q2 gross margin falling to 4.2%.
Analysis · JKS · Manufacturing
Zhuoling International, a BVI entity controlled by director Kangping Chen, disposed of 2,020,000 Ordinary Shares (in ADS form) between September 22 and September 29, 2026. This is nearly triple the 700,000 ADSs it had noticed in a Form 144 filed just days earlier on September 22. The sale reduces Zhuoling International's stake from 12.8 million to 10.78 million shares — a 15.8% reduction — and brings Kangping Chen's total beneficial ownership down to 27,796,100 shares (13.1% of class). The accelerated and enlarged selling by a director-controlled entity comes against a backdrop of sharply deteriorating financials: JinkoSolar reported a first-half net loss of RMB3.1 billion (US$461 million) in late August, with Q2 gross margin collapsing to 4.2%. The combination of insider selling and weak fundamentals is a notable negative signal for shareholders.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, JKS was trading at $10.19 on NYSE in the Manufacturing sector, with a market capitalization of approximately $478M. The 52-week trading range was $9.19 to $31.88. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.