Market update · China · Modules & corporate results
JinkoSolar ships 15.9GW of modules in Q2 2026, names Wei ‘Dimi’ Du new CEO
JinkoSolar reported 15.9 GW of module shipments in Q2 2026, down 34.4% year on year, and appointed Wei ‘Dimi’ Du as CEO. The company also reduced its full-year module-shipment guidance to 60–70 GW.
SolTraCo market update · · 3 min readQ2 shipments and revenue
JinkoSolar shipped 15.9 GW of modules in the second quarter of 2026, a 34.4% year-on-year decline. Together with 13.7 GW in the first quarter, first-half module sales reached 29.6 GW.
Second-quarter revenue was RMB12.36 billion, reported as US$1.84 billion. Lower module prices and industry-wide oversupply continued to pressure sales and manufacturer margins.
Leadership transition
Founder Xiande Li resigned as chief executive and Wei ‘Dimi’ Du took over the role with immediate effect. Li remains chairman and chair of the compensation committee.
JinkoSolar described the change as a planned succession and said it did not expect a material operational impact. Du will lead day-to-day management, strategic execution and capital allocation, while Li focuses on long-term strategy and governance.
Guidance and market signal
JinkoSolar reduced its 2026 module-shipment guidance from 75–85 GW to 60–70 GW. That would be below the 86 GW shipped in 2025.
For the module market, the report reinforces the combination of high manufacturing capacity, lower selling prices and weaker shipment growth. Buyers should distinguish headline capacity from actual sales, inventory position and the manufacturer’s revised delivery outlook.
Sources
This update is an original SolTraCo synthesis of the linked industry sources. Reported facts and commercial interpretation are kept separate. It does not contain confidential deal information and is not investment, legal or technical advice.