Issue price for Jinko Solar Co. Ltd. published

The issue price for the shares of Jinko Solar Co, Ltd. was released as announced on January 13 by the Shanghai Stock Exchange. The company, which trades abbreviated as »Jiangxi Jinko,« is an operating subsidiary of Chinese solar group Jinko Solar Holding Co., Ltd. (Jinko Solar). The proposed price is 5 renminbi yuan per unit. The plan is to issue two billion shares, 600 million of which will be via direct placement to large investors. The issuance volume is expected to equal 20 percent of the shares outstanding after the IPO.

Related News