JinkoSolar Holding Co., Ltd. announced that it is considering a broad range of alternatives in regards to its downstream PV sector including an IPO, pre-IPO financing, or merger/acquisition.
"We believe that the separation will support the sustainable growth of our downstream PV project business, and the Board of Directors and management team are always committed to further enhancing value for all JinkoSolar shareholders," Xiande Li, Chairman of JinkoSolar, said. "Given that our downstream PV project business is expected to exceed 500MW of installed capacity by the end of 2014 and with the clear commitment of the Chinese government to renewable energy, solar energy in particular, and a growing market, we believe now is an appropriate time to prudently explore strategic alternatives for this business."
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