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U.S. stock market closing | The three major indices showed mixed results, with nvidia temporarily falling over 5% after hours; bitcoin reached a new high, and stocks related to cryptos surged, with microstrategy rising by 10%.
S&P, Dow Jones, small cap stocks turned higher in the final hour, with the Nasdaq's decline significantly narrowing. Nvidia fell nearly 3% before closing down 0.8%, dropping 5% at one point after hours, as the financial report stated that Hopper and Blackwell face supply restrictions.
Express News | jinkosolar supplied 1.8GW N-type TOPCon modules to the Abu Dhabi PV3 project.
US stocks movement｜Jinkosolar pre-market rises more than 1.2%, subsidiary Jinkosolar Energy reaches a global strategy cooperation with Cargill.
On November 19, Gelonghui reported that jinkosolar (JKS.US) saw a pre-market trading increase of over 1.2%, reaching $21.44. In terms of news, jinkosolar and bp's Castrol recently announced that they have signed a global strategy framework agreement aimed at advancing R&D and application in the energy storage field through resource sharing and technological innovation. In this strategic cooperation agreement signed by both parties, they will fully utilize their respective technological advantages and market resources to focus on cooperation in the areas of energy storage technology development, solar storage projects, and the development of the entire industry chain of cecep solar energy.
Express News | jinkosolar's TOPCon third-generation modules will increase in price, entering mass production in 2025.
Deep * Company * jinkosolar (688223): Profitability improved compared to the previous month, overseas production capacity layout accelerated.
The company released the third quarter report of 2024, with a year-on-year profit decline of 81% in the first three quarters. The company's component shipment scale is steadily increasing, and its profit capability in the third quarter is stable and rising. Strengthening overseas layout enhances the company's long-term competitiveness; maintaining a shareholding rating. The supporting points for the rating
Jinkosolar: Steady progress in signing contracts in 2025, component prices show a clear trend of rebound after the decline. | Direct hit on earnings conference
①The company has already put into production 2GW of module capacity in the usa, and is expected to complete the capacity climbing by the end of this year, with an expected increase in production next year. The Saudi project is in the execution phase, planning to start construction of related infrastructure in the first half of next year, and is expected to start production in the first half of 2026; ②Li Xiande stated that global (module) demand is stable with a slight increase next year, with an expected growth rate of 10-20%.
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