JinkoSolar (JKS, Financial) shares rose significantly, climbing over 18% to $35.44. Over the past 60 days, the stock has surged more than 68%.
The company revealed in a recent investor relations activity report that domestic demand is expected to steadily increase due to large-scale projects and improvements in ultra-high voltage construction and grid consumption capabilities. Meanwhile, international markets are maintaining stable growth, with regions like Southeast Asia and the Middle East experiencing rapid development. Additionally, anticipated resolutions to inventory and grid issues in Europe could further boost market expansion.