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Jinko Solar to Sell Unit for $622 Million to Enhance Operational Efficiency

The company is divesting its entire equity interest in Xinjiang Jinko

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Chinese solar cell and module manufacturer Jinko Solar has announced that its majority-owned subsidiary, Jiangxi Jinko, has entered into an agreement for the sale of its complete equity interest in Xinjiang Jinko for a consideration of RMB 4.3 billion ($622 million).

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