Agreement on the Settlement of and Waiver of Rights Relating to the Litigation
8 of the Company’s subsidiaries (including TOYO Co.,Ltd.), SHANGHAI JINKO GREEN ENERGY ENTERPRISE MANAGEMENT CO., LTD., and ZHEJIANG JINKO SOLAR CO., LTD.
Litigation filed in California and Texas. The litigation concerned patent infringement, but the specific names of the products covered have not been disclosed.
From late December 2025 onward, changes to the management structure occurred successively, and information concerning this matter was not shared between the Company and its subsidiaries in a timely manner.
Related procedures
Patent infringement litigation, withdrawal of litigation, and settlement
California and Texas
SHANGHAI JINKO GREEN ENERGY ENTERPRISE MANAGEMENT CO., LTD. and ZHEJIANG JINKO SOLAR CO., LTD.
8 of the Company’s subsidiaries (including TOYO Co.,Ltd.)
The amount has not been disclosed. The impact on future consolidated results is considered immaterial.
The impact of this matter on the Company’s future consolidated results is considered immaterial.
Company response
The Company recognizes that improvements are necessary going forward.
The Company recognizes that the litigation has been completed. If circumstances arise that require disclosure, the Company will promptly announce the information.
| Item | Details |
|---|---|
| Event name | Agreement on the Settlement of and Waiver of Rights Relating to the Litigation |
| Date of occurrence | 30 December 2025 (the date the agreement on the settlement of and waiver of rights was executed). The litigation withdrawal dates were 30 January 2026 (California) and 20 February 2026 (Texas). |
| Subject Entity | 8 of the Company’s subsidiaries (including TOYO Co.,Ltd.), SHANGHAI JINKO GREEN ENERGY ENTERPRISE MANAGEMENT CO., LTD., and ZHEJIANG JINKO SOLAR CO., LTD. |
| Target Locations / Products | Litigation filed in California and Texas. The litigation concerned patent infringement, but the specific names of the products covered have not been disclosed. |
| Cause | From late December 2025 onward, changes to the management structure occurred successively, and information concerning this matter was not shared between the Company and its subsidiaries in a timely manner. |
| Amount of Impact on Business Performance | The amount has not been disclosed. The impact on future consolidated results is considered immaterial. |
| Impact on Earnings Forecast | The impact of this matter on the Company’s future consolidated results is considered immaterial. |
| Type of litigation or proceeding | Patent infringement litigation, withdrawal of litigation, and settlement |
| Court or authority | California and Texas |
| Plaintiff | SHANGHAI JINKO GREEN ENERGY ENTERPRISE MANAGEMENT CO., LTD. and ZHEJIANG JINKO SOLAR CO., LTD. |
| Defendant | 8 of the Company’s subsidiaries (including TOYO Co.,Ltd.) |
| Measures to prevent recurrence | The Company recognizes that improvements are necessary going forward. |
| Outlook | The Company recognizes that the litigation has been completed. If circumstances arise that require disclosure, the Company will promptly announce the information. |
| Planned follow-up disclosure | If circumstances arise that require disclosure, the Company will promptly announce the information. |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company explains that disclosure was delayed because changes to the management structure occurred successively from late December 2025 onward, and information was not shared between the Company and its subsidiaries in a timely manner. The settlement terms have not been disclosed due to confidentiality obligations with the counterparty.