JinkoSolar anticipates its net profit for 2024 to plummet within the range of RMB 80 million to RMB 120 million, signaling a year-on-year decrease of 98% to 99%. Despite notable achievements in N-type technology advancements, overseas market expansion, and operational robustness, the company's performance has suffered a substantial setback due to a confluence of factors. These include the influx of low-priced orders, narrowing gross profit margins, the淘汰 of outdated production capacity, and a devastating fire accident.
