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E-Company News: JinkoSolar (688223) announced on the evening of October 20th that it plans to issue GDRs (Global Depositary Receipts) overseas and list them on the Frankfurt Stock Exchange. The newly issued basic securities represented by GDRs will not exceed 10% of the company's total common stock before issuance, and the total amount raised will not exceed 4.5 billion yuan (or equivalent foreign currency). After deducting the issuance expenses, the net amount will be used for the US 1GW high-efficiency component project, Shanxi Phase II 14GW integrated production base construction project, supplementing working capital or repaying bank loans.
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