Sino Agro Food Inc (fka SIAF)

[Helium-3]

Chinese company JinkoSolar Gets $161 Million in China Minsheng Financing;

Net Income TTM: $52M
Shareholders Equity: $218M

Big Difference - Market Cap: $768M

JinkoSolar Holding Co. (JKS:US), the best-performing Chinese solar manufacturer in the past year, will receive as much as 1 billion yuan ($161.1 million) in financing from China Minsheng Banking Corp. to fund acquisitions, power plants and other activities.

The five-year agreement will include project finance, bridge loans, letters of guarantee, supply chain funding and other support, Shangrao, China-based JinkoSolar said today in a statement.

The deal will help the company develop distributed solar projects in China, where “development over the past few years has been hampered by financing difficulties,” JinkoSolar Chairman Li Xiande said in the statement. http://www.businessweek.com/news/2014-07-16/jinkosolar-gets-161-million-in-china-minsheng-financing