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strategic_investment

Cheche Group Eyes $490M Stake in Solar-Storage Firm Long Way Fortune

Beijing – September 13, 2026 -- Cheche Group Inc. (Nasdaq: CCG) has signed a non-binding term sheet to make a strategic investment in Long Way Fortune, a residential solar-plus-storage operator active in Australia and Singapore, at an implied equity value of $490 million.

Cheche targets initial 20% stake with option to reach 51% ownership

The proposed stock-for-stock deal would give Cheche an initial 20% minority position in Long Way Fortune, with the option to raise its stake to as much as 51% over time subject to performance milestones and agreed conditions. Cheche's consideration will be stock-linked and released on a delayed schedule over several years.

JinkoSolar Board Approves Rename to Jinko Holdings, Details AI Bets

Shangrao – – September 12, 2026 -- JinkoSolar Holding Co., Ltd. (NYSE: JKS) said its board has approved a proposal to rename the company Jinko Holdings Limited, with 晶科控股有限公司 as its dual foreign name, pending shareholder approval at an annual general meeting scheduled for October 21, 2026, and completion of regulatory procedures. The company's American depositary shares are expected to continue trading on the New York Stock Exchange under the ticker JKS.

Name change formalizes a dual-engine holding structure

The rebrand codifies a two-part model: an industrial holdings arm anchored by JinkoSolar's controlling stake in Jinko Solar Co., Ltd. (SSE: 688223), the group's integrated solar and energy storage operating subsidiary, and a strategic investment arm pursuing minority stakes in artificial intelligence, renewable energy, advanced materials and commercial space ventures tied to China's industrial upgrading.