Mercury Public Affairs is negotiating a contract to provide PR services and media outreach for the US arm of China’s JinkoSolar Holding.
JinkoSolar Holding today announced the immediate resignations of top management including CEO Kangping Chen, COO Jiun-Hua Allen Guo, who took the post Nov. 25, chief marketing officer Gener Miao, chief technology officer Hao Jin, and human resources director Shaoguo Ji.
They will assume respective responsibilities at the company’s principal subsidiary, Jinko Solar Co. Ltd, which is being listed on the Shanghai Stock Exchange’s STAR Market, according to the company’s statement.
JinkoSolar Holding, which is listed on the New York Stock Exchange, chalked up $3.7B in revenues for the first nine months of 2020 and earned $102M.
The company says solar power is entering a “golden era,” spurred partly by the election of Joe Biden as US president. US demand is expected to double under the Biden administration, according to Jinko.
Mercury got the assignment from Jinko after the company received a phone call from a reporter from the New York Times asking about its business practices.
The Omnicom unit expects to have a written agreement that will cover PR related to its business operations and economic interests.