Sell the factory for 1.3 billion yuan: Longi responds they have not given up the U.S. market.
On the evening of May 8th, Jinko Energy announced that its wholly-owned subsidiary, Jinko US Holdings, plans to sell 75.1% of the shares of the Jinko US factory to FH JKV Holdings Limited for 192 million US dollars. After the transaction is completed, FH will hold 75.1% of the shares of the Jinko US factory, while Jinko US Holdings will own the remaining 24.9% of the shares. In response to this transaction, on May 9th, Jinko Energy related personnel told reporters that the company has not given up on the US market, and this transaction is beneficial for the company to safeguard its long-term strategic layout in the United States.
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