JinkoSolar, a leading solar module manufacturer, filed a patent infringement lawsuit against VSUN Solar USA and Toyo Co., alleging misuse of its proprietary N-type TOPCon technology. The lawsuit sent JKS stock prices surging, highlighting the company’s commitment to protecting its extensive intellectual property portfolio.
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JinkoSolar (JKS) stock surged on Wednesday after the company reported better-than-expected third-quarter earnings, exceeding both revenue and profit estimates. Despite a decline in year-over-year sales due to a drop in average selling prices, JinkoSolar highlighted its strong position in the solar market, driven by its N-type TOPCon technology and global reach. Read on for details and stock performance.