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Jinko Solar (688223.SH) announced that its shareholders Jinko Solar Investment, Shangrao Runjia, Shangrao Zhuoling No.2, and Shangrao Kaitai No.2 plan to transfer 400,208,099 shares, accounting for 4.00% of the total share capital of the company, through inquiry-based transfer for their own capital needs. The transferor collectively holds more than 5% of Jinko Solar's shares and their shares have been released from lock-up restrictions. The minimum price for this inquiry-based transfer is 70% of the average stock trading price of the 20 trading days before the sending of the subscription invitation letter. The transferee must be an institutional investor with corresponding pricing capabilities and risk tolerance.
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