According to AI News, Jinko Solar announced that the company 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 fundraising amount will not exceed 4.5 billion yuan (or equivalent in foreign currency). After deducting the issuance expenses, the net amount will be used for the 1GW high-efficiency component project in the United States, the 14GW integrated production base construction project in Shanxi Phase II, supplementing working capital or repaying bank loans.