JinkoSolar replaces CFO ahead of STAR listing

• Solar Module Super League (SMSL) member JinkoSolar has named Mengmeng (Pan) Li as the business's brand-new chief financial officer, replacing Haiyun Cao effective right away.

Cao will certainly remain to function as a director of the firm, as well as will certainly execute his duties within the module manufacturer's primary running subsidiary, Jiangxi Jinko.

Li, who was selected JinkoSolar's supervisor of money earlier this year, initially signed up with the firm in 2017 as an interior audit supervisor. He previously operated in the exact same duty at rival module company Canadian Solar in between 2010 as well as 2015.

JinkoSolar claimed in a statement the management shuffle is being carried out to assist it adhere to the Shanghai Stock Exchange's Sci-Tech Technology Board's (STAR market) company operation demands. The company said it was preparing to list on the STAR market last October, having raised roughly US$ 458 million with equity financing.

JinkoSolar claimed in a statement it did not think the modification will have a "worldly impact" on organization procedures.

Xiande Li, JinkoSolar's chairman of the board of directors as well as chief executive officer, said that the incoming CFO "has extensive experience in the sector, understands JinkoSolar well, and is extremely qualified to act as our primary financial officer."