JinkoSolar's 2024 Annual General Meeting: A Vote of Confidence in Strategic Leadership and Governance

SHANGRAO, China — JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the world's largest and most innovative solar module manufacturers, held its 2024 Annual General Meeting (AGM) on December 27, 2024. Shareholders approved all proposed resolutions, reflecting their confidence in the company's strategic direction and governance. Here's a breakdown of the key resolutions and their implications:

1. Re-election of Mr. Xianhua Li and Mr. Steven Markscheid as directors: The re-election of Mr. Xianhua Li, the Chairman and CEO, and Mr. Steven Markscheid, an independent director, signals shareholders' confidence in the company's leadership and strategic direction. Mr. Li's deep industry expertise and Mr. Markscheid's international business experience have been instrumental in driving JinkoSolar's global expansion and innovation.
2. Ratification of Mr. Gang Chu's appointment as an independent director: The ratification of Mr. Gang Chu's appointment as an independent director strengthens JinkoSolar's corporate governance and risk management. As an independent voice on the board, Mr. Chu brings an objective perspective, ensuring that the company's management acts in the best interests of shareholders.
3. Appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors: The appointment of PricewaterhouseCoopers Zhong Tian LLP (PwC) as auditors for the fiscal year of 2024 enhances JinkoSolar's financial reporting and transparency. PwC's reputation and expertise in auditing can help build trust with investors and stakeholders, ensuring the accuracy and reliability of the company's financial statements.

The AGM results reflect JinkoSolar's commitment to strong corporate governance, strategic leadership, and global expansion. The company's shareholders have shown their confidence in the current board and management team, which has successfully guided the company through a rapidly evolving solar market.

JinkoSolar's strategic direction, led by Mr. Li and supported by the board, has resulted in the company's position as one of the world's largest and most innovative solar module manufacturers. With over 10 production facilities globally and over 20 overseas subsidiaries, JinkoSolar has established a strong presence in key markets, including China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece, and other countries.

As JinkoSolar continues to grow and innovate, investors can expect the company to maintain its strong governance structure and strategic leadership, driving long-term success in the global solar market.

American depositary receipts of JinkoSolar (JKS) edged 1.2% higher in premarket trading on the day of the AGM announcement and are up 7% year-to-date.