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The filed complaint alleges that JinkoSolar Holding Co., Ltd. made materially false and/or misleading statements and/or failed to disclose that: During the Q1 2025 earnings call on April 29, 2025, Charlie Cao, the CFO of principal operating subsidiary, Jinko Solar Co., Ltd., told analysts: "We expect the gross margin to improve and slightly in the second quarter given the module price reaching upward trend with the push demand from China and other regions." At the same time, the company acknowledged that average selling prices were under pressure and that a 145% U.S. tariff on Chinese solar goods was already under discussion during the call's Q&A session. The filing did not quantify the expected margin impact of those tariff costs or the trajectory of module pricing declines. By Q4 2025, revenue had fallen 34% year-over-year, and the company reported a GAAP net loss of $214.5 million -- a swing from the positive outlook management had projected months earlier. The gap between the forward guidance and the reported result left investors holding shares purchased at prices that reflected an improving margin trajectory.
In order to be eligible to join the JKS class action lawsuit, you must have incurred a loss on shares of JinkoSolar Holding Co., Ltd. purchased during the class period listed above.
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