The four leading photovoltaic component manufacturers have all sold the majority or all of their shares in American factories.
Jinko Energy announced on the evening of May 8th that its wholly-owned subsidiary, JinkoSolar Holding Inc., plans to sell 75.1% of the shares of its wholly-owned subsidiary, Jinko Solar Industries Inc., for a transaction price of $191.5 million. The buyer is FH JKV Holdings Limited. The underlying asset involved in the transaction is Jinko Energy's 2GW module factory in the United States, which has been completed and put into production. With this, the US production capacity assets of the four major photovoltaic module leaders have all been disposed of. The trend of building factories in the US that started three to four years ago has come to an end with the sale of the majority or all of the shares.
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