JinkoSolar Announces 54 MW Solar Module Supply Agreements with Saint-Gobain

SHANGHAI, Oct 19, 2010 /PRNewswire via COMTEX/ --JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing solar product manufacturer with low-cost operations based in China, today announced that it has entered into agreements to supply a total of 54 megawatts ("MW") of solar modules to Saint-Gobain Building Distribution Deutschland GmbH ("SGBDD"). Under the terms of the agreements, JinkoSolar will supply SGBDD with 54 MW of solar modules, with 4 MW to be shipped in 2010 and 50 MW to be shipped in 2011. ? "We are excited to have established a partnership with SGBDD, one of Europe's leading building supply distributors," said Mr. Xiande Li, Chairman of the Board of Directors at JinkoSolar. "SGBDD's move into solar business displays its long-term confidence in the global solar industry and reemphasizes Germany's role as a leading market for solar products. The supply agreements further demonstrate the high quality of our solar modules and add to our esteemed track record with well-known solar players. We look forward to building a long-term relationship with SGBDD." Udo Brandt, Chief Executive Officer of SGBDD, commented, "We are pleased to have entered into agreements with JinkoSolar, whose solar modules pass our stringent due diligence and quality tests. We plan to sell modules purchased from JinkoSolar in a great number of our chain stores throughout Germany. JinkoSolar has an established track record and is our largest solar module supplier to date. We look forward to developing a long-term relationship with the company, as we believe solar products will be increasingly beneficial to our overall business expansion."