Jinko Solar Co Ltd sold its Xinjiang subsidiary to Ziyang Major Industry Equity Investment Fund and Dong Shihong for 4.3 bn yuan ($622.1 mil). The sale is pending an antitrust review by China's State Administration for Market Regulation. The unit reported an unaudited net profit of 139.9 million yuan in the first three months of this year and 152.1 million yuan in audited net profit in 2022.