29 July 2021
Recently, Jinko Power Technology Co., Ltd ("Jinko Technology", stock code: 601778) completed the issuance of RMB 3 billion convertible company bonds (stock code: 113048) and listed on the Shanghai Stock Exchange ("this Offering"). The funds raised from the issuance will be used primarily for the investment and construction of photovoltaic power station projects. After the completion of the projects, it is estimated that the installed capacity of photovoltaic power stations will increase by 584.3MW.
As a clean energy provider and service provider, Jinko Technology is committed to changing the global energy structure and actively respond to the national "One Belt, One Road" strategy. Jinko Technology engages primarily in the operation of photovoltaic power stations, the transfer of photovoltaic power stations and the EPC of photovoltaic power stations. Its primary business is the development, investment, construction, operation, management and transfer of solar photovoltaic power stations, as well as general contracting for EPC projects of photovoltaic power stations and comprehensive service solutions for the operation of power stations. Among these, the operation of photovoltaic power stations is the core business of the company since its establishment and is at the forefront of its industry.
JunHe, as the lawyer of the issuer of the current offering, conducted legal due diligence for Jinko Technology and its subsidiaries and issued documents such as a lawyer's work report and legal opinions. JunHe’s team participated in reviewing the prospectus and the other application documents, and assisted in replying to feedback from the China Securities Regulatory Commission. JunHe’s team, Jinko Technology and the other intermediary’s effective communication and cooperation was a strong impetus to the successful issuance of the CSRC approval.
For further information, please contact:
CHEN, Guiyang, Partner, JunHe
chenguiyang@junhe.com
