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ORGANIZATION AND NATURE OF OPERATIONS
12 Months Ended
Dec. 31, 2014
ORGANIZATION AND NATURE OF OPERATIONS [Abstract]  
ORGANIZATION AND NATURE OF OPERATIONS

1. ORGANIZATION AND NATURE OF OPERATIONS

 

JinkoSolar Holding Co., Ltd. (the "Company") was incorporated in the Cayman Islands on August 3, 2007. On May 14, 2010, the Company became listed on the New York Stock Exchange (“NYSE”) in the United States. The Company and its subsidiaries (collectively the “Group”) are principally engaged in the design, development, production and marketing of photovoltaic products and provision of solar system integration services as well as developing commercial solar power projects.

 

JinkoSolar Technology Limited (“Paker”, formally known as Paker Technology Limited) was incorporated in Hong Kong as a limited liability company on November 10, 2006 by a Hong Kong citizen and a citizen of People's Republic of China ("the PRC"), who held the investment on behalf of three PRC shareholders (the "Shareholders") via a series of entrustment agreements. On December 16, 2008, all of the then existing shareholders of Paker exchanged their respective shares of Paker for equivalent classes of shares of the Company (the "Share Exchange"). As a result, Paker became a wholly-owned subsidiary of the Company. On December 13, 2006, Paker established Jinko Solar Co., Ltd. (“Jiangxi Jinko”) as a wholly foreign owned enterprise in Shangrao, Jiangxi province, the PRC.

 

The following table sets forth information concerning the Company's major subsidiaries as of December 31, 2014:

  

Subsidiaries Date of
Incorporation
/Acquisition
  Place of
Incorporation
  Percentage
of ownership
 
       
JinkoSolar Technology Limited (“Paker”) November 10, 2006   Hong Kong     100 %
               
Jinko Solar Co., Ltd. (“Jiangxi Jinko”)   December 13, 2006   PRC     100 %
               
Zhejiang Jinko Solar Co., Ltd.("Zhejiang Jinko")   June 30, 2009   PRC     100 %
               
JinkoSolar International Limited (“JinkoSolar International”)   November 25, 2009   Hong Kong     100 %
               
Jinko Solar Import and Export Co., Ltd. ("Jinko Import and Export")   December 24, 2009   PRC     100 %
               
JinkoSolar GmbH (“Jinko GmbH”)   April 1, 2010   Germany     100 %
               
Zhejiang Jinko Trading Co., Ltd.("Zhejiang Trading")   June 13, 2010   PRC     100 %
               
JinkoSolar (U.S.) Inc. ("Jinko US")   August 19, 2010   USA     100 %
               
Jiangxi Photovoltaic Materials Co., Ltd ("Jiangxi Materials")   December 1, 2010   PRC     100 %
               
JinkoSolar (Switzerland) AG(“Jinko Switzerland”)   May 3, 2011   Switzerland     100 %
               
JinkoSolar (US) Holdings Inc.(“Jinko US Holding”)   June 7, 2011   USA     100 %
               
JinkoSolar Italy S.R.L. (“Jinko Italy”)   July 8, 2011   Italy     100 %
               
JinkoSolar SAS (“Jinko France”)   September 12, 2011   France     100 %
               
Jinko Solar Canada Co., Ltd (“Jinko Canada”)   November 18, 2011   Canada     100 %
                 
Jinko Solar Australia Holdings Co. Pty Ltd (“Jinko Australia”)   December 7, 2011   Australia     100 %
               
Jinko Solar Pty Ltd. (“JinkoSolar South Africa”)   April 13, 2012   South Africa     100 %
                 
Jinko Solar Japan K.K. (“JinkoSolar Japan”)   May 21, 2012   Japan     100 %
               
JinkoSolar Power Engineering Group Limited (“JinkoSolar Power”)*   November 12, 2013   Cayman     100 %
                 
JinkoSolar WWG Investment Co., Ltd (“WWG Investment”)   April 8, 2014   Cayman     100 %
               
JinkoSolar Comércio do Brazil Ltda (“JinkoSolar Brazil”)   January 14, 2014   Brazil     100 %
                 
Projinko Solar Portugal Unipessoal LDA.   February 20, 2014   Portugal     100 %
               
JinkoSolar Mexico S.DE R.L. DE C.V. (“JinkoSolar Mexico”)   February 25, 2014   Mexico     100 %
               
Jiangxi Jinko Domestic Photovoltaics Technology Co., Ltd   October 8, 2014   PRC     100 %
               
Zhejiang Jinko Financial Leasing Co., Ltd   October 10, 2014   PRC     100 %
               
Zhejiang Jinko Domestic Photovoltaics Technology Co., Ltd   October 15, 2014   PRC     100 %
               
Shanghai Jinko Photovoltaics Technology Co., Ltd   November 6, 2014   PRC     100 %
               
Shanghai Jinko Financial Information Service Co., Ltd   November 7, 2014   PRC     100 %
               
JinkoSolar Household PV Technology Holding Co., Ltd   December 30, 2014   Hong Kong     100 %


*
JinkoSolar Power, a 55% owned subsidiary of WWG Investment, is the holding company of the Group's solar project business.

  

The following table sets forth information concerning the JinkoSolar Power's major subsidiaries as of December 31, 2014:

 

Subsidiaries   Date of
Incorporation
  Place of
Incorporation
  Percentage of
ownership
 
               
Canton Best Limited (“Canton Best BVI”) **   September 16, 2013   BVI     100 %
                 
Wide Wealth Group Holding Limited (“Wide Wealth Hong Kong”)**   June 11, 2012   Hong Kong     100 %
                 
Jiangxi JinkoSolar Engineering Co, Ltd. (“Jinko Engineering”) (Originally named as Shangrao Jinko PV Technology Engineering Co., Ltd.)   July 28, 2011   PRC     100 %
                 
Jinko Power Co., Ltd. (Zhejiang) (formerly Haining JinkoSolar Investment Co.,Ltd)   September 14, 2012   PRC     100 %

 

**
Canton Best BVI is a wholly owned subsidiary of JinkoSolar Power, and Wide Wealth Hong Kong is a wholly owned subsidiary of Canton Best BVI. Wide Wealth Hong Kong holds 100% equity interests in Jinko Engineering which further holds 100% equity interests in Jinko Power Co., Ltd. (Zhejiang). Jinko Power Co., Ltd. (Zhejiang) holds 43 solar power project entities in the PRC.