On November 20th, at JinkoSolar's "Defining New Markets and Setting New Benchmarks – Tiger Neo 3.0 Mass Production Launch and Global Ordering Conference," the company's latest module product, Tiger Neo 3.0, officially entered the mass production stage.

At this global order signing ceremony, JinkoSolar and its subsidiaries signed orders totaling 15GW with major distributors, achieving fruitful results.

Mass Production Ensures Delivery

The mass production launch of Tiger Neo 3.0 signifies that JinkoSolar has achieved large-scale deployment capabilities in the N-type TOPCon technology field.

At the global order signing ceremony, JinkoSolar signed orders totaling 15GW with China Energy Engineering Corporation, GoSolar Australia, MesolSolar Pakistan, DMM Group Japan, and major distributors in China. The signed projects cover diverse application scenarios such as large-scale ground-mounted power plants and distributed photovoltaics.

It is understood that JinkoSolar will leverage its global production layout, including its Haining base, stable supply chain, and professional technical service network to ensure efficient order delivery.

According to the company's plan, by the end of 2025, JinkoSolar expects 40%-50% of its existing production capacity to upgrade to mainstream module power outputs of 640W and above, with some mainstream module power outputs reaching 650-670W by 2026.

It is worth mentioning that, based on continuous innovation of N-type TOPCon technology and upgrades to existing production capacity, the investment is relatively controllable, requiring no new capacity additions. Furthermore, thanks to the better power generation benefits it brings to customers, 640W+ products are expected to generate a premium of 0.5-1 cents/W per watt compared to traditional products.

Breakthrough Technology

JinkoSolar's newly launched Flying Tiger 3 module boasts a mass production efficiency exceeding 24.8%, a power output of up to 670W, and a bifaciality of up to 90%, combining three core advantages: high power output, high bifaciality, and excellent low-light response.

The Feihu 3 module achieves four core technological breakthroughs: multi-segmentation technology optimizes current transmission and reduces losses; the dual approach of cell edge passivation and metallization reinforcement technology each contributes to a 0.5% increase in cell efficiency; and patterned enhancement technology further reduces contact resistance and parasitic absorption. These four core technologies combined drive a significant increase in module power.

In addition, the module boasts six performance advantages: linear degradation of only -0.35%, a temperature coefficient as low as -0.26%/℃, outstanding anti-shading/anti-hot-spot capabilities, and maintaining 95%–98% relative power output even under low irradiance conditions of 200W/㎡, demonstrating its high efficiency and stability.

In his speech, Jinko Solar CEO Chen Kangping stated that the mass production of the Feihu 3 is another testament to Jinko's technological leadership in breaking through the industry's fierce competition. He emphasized that while the photovoltaic industry currently faces pressure from homogeneous competition, Jinko firmly believes that true competitiveness lies not in "low-price competition," but in "continuous innovation."

At the event, Qian Jing, Vice President of JinkoSolar, revealed that since its release in early 2025, the Flying Tiger 3 has undergone nearly a year of large-scale outdoor testing, and its key performance fully meets expectations. She also stated that JinkoSolar will celebrate its 20th anniversary in 2026. Over the past two decades, JinkoSolar has witnessed the leap forward in the global photovoltaic industry and has continuously driven the industry forward.

A Global Giant in the Photovoltaic Industry

Founded in 2006, JinkoSolar is a globally renowned and highly innovative solar technology company. The company strategically positions itself in key links of the photovoltaic industry chain, pioneering a "vertically integrated" production capacity from silicon wafers and cells to modules. It focuses on integrated R&D and manufacturing of photovoltaic products and overall clean energy solutions, with product sales leading the global mainstream photovoltaic market.

In terms of globalization, the company has 14 global production bases in China, Malaysia, Vietnam, Saudi Arabia, and the United States, and also has marketing and service networks in markets such as Germany and Brazil. Its overseas shipments account for as much as 65%, and its revenue contributes over 70%. To date, JinkoSolar's products have served approximately 4,000 customers in nearly 200 countries and regions worldwide.

Leveraging its outstanding technological strength and scale advantages, the company has received numerous accolades, including being named a National Enterprise Technology Center and recognized as a Global Green Factory. As of the end of 2024, the company had accumulated nearly 3,000 authorized patents, with its N-type TOPCon patents leading the industry. Furthermore, the company has been the world's largest module shipper for six consecutive years; as of the end of Q3 2025, its cumulative shipments exceeded 370GW, firmly maintaining its leading position in the industry.

Q3 Performance Shows Rebound Against the Trend

Amidst fierce competition in the global photovoltaic market and continuously declining product prices, Jinko Solar's Q3 report this year showed signs of recovery.

In the first three quarters of 2025, the company achieved revenue of 47.986 billion yuan. Although its net profit attributable to the parent company was a loss of 3.92 billion yuan, its gross profit margin successfully turned positive sequentially in Q3, reaching 3.75%.

Of particular note is Jinko Solar's operating cash flow, which achieved a significant positive sequentially in Q3, reaching 2.471 billion yuan; its cash flow has shown substantial improvement.

Industry analysts point out that the company recorded asset impairment losses of 596 million yuan in the third quarter of 2025, primarily due to equipment impairment. With the increasing proportion of high-efficiency products and the ramp-up of its energy storage business, the company's profitability is expected to gradually recover.

Furthermore, Jinko Solar's energy storage business has begun to show promise, having delivered several large-scale and commercial energy storage projects in the first half of the year. Full-year shipments are expected to reach 6GWh. This achievement not only brings new growth to the company but will also further promote the deployment of integrated photovoltaic and energy storage solutions.