Jinko Solar-动态详情

SHANGRAO, February 19, 2021 – JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the Company intends to sign a "strategic cooperation agreement" with Tongwei Co., Ltd. (“Tongwei”) – to jointly invest in a high-purity crystalline silicon project with annual capacity of 45,000 metric tons and a silicon wafer project with an annual production capacity of 15GW, as well as develop a more extensive industrial chain cooperation.

According to the agreement, JinkoSolar will own a 35% equity stake in the 45,000 tons high-purity crystalline silicon project, while Tongwei will hold a 30% equity stake in the 15GW silicon wafer project. Under the industrial chain cooperation, the production capacity and products of the joint venture for the high-purity crystalline silicon will be given priority to meet the production needs of the joint venture silicon wafer company. Wafer products produced under the jointly invested silicon wafer project will be cost effective and price competitive. In addition, based on the previous procurement contract for 93,000 metric tons of polycrystalline silicon, JinkoSolar will supply Tongwei with a total of approximately 6.5GW of silicon wafer products for three years.

Mr. Kangping Chen, Chief Executive Officer of JinkoSolar, commented, “As a leading global high-purity crystalline silicon and solar cell company, Tongwei has always been an important strategic partner of JinkoSolar. Our Company has a vertically integrated production capacity with cumulative module shipments exceeding 70GW by the end of 2020. This strategic cooperation will benefit two companies from different segments of the solar industrial chain and strengthen resource sharing and integration within the PV industry, as well as increase industry leadership and dominance of both parties, and jointly create a win-win manufacturing ecosystem."

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Legal Statement

About JinkoSolar Holding Co., Ltd.

Jinko Solar Co., Ltd. (the “Company”, or “Jinko Solar”) (SSE: 688223) is one of the most famous and innovative solar technology companies in the world. Its business covers the core links of the photovoltaic industry chain, focusing on the R&D of integrated photovoltaic products and integrated clean energy solutions. At present, Jinko Solar's products serve more than 3,000 customers in more than 160 countries and regions around the world, and the company has ranked No.1 in global module shipments from 2016 to 2019. By the end of Q1,2023, the cumulative module shipments of Jinko Solar have exceeded 150GW. Jinko Solar is an industry opinion leader under various international frameworks such as B20, and it is also one of the first solar energy companies to join the RE100 green initiative.

Jinko Solar is the first company to establish a "vertically integrated" production capacity from silicon material processing to wafer, cell and module production in the industry. It has a total of 14 global production bases in China, the United States, Malaysia and Vietnam. JinkoSolar expects its annual production capacity for mono wafer, solar cell and solar module to reach 75.0 GW, 75.0 GW and 90.0 GW, respectively, by the end of 2023. Jinko Solar has more than 1,000 R&D and technical employees and has won many honors such as "National Enterprise Technology Center", "National Technology Innovation Demonstration Enterprise", "Champion of Manufacturing ", and has formulated many international and domestic industry standards such as IEC. Jinko Solar continuously expands the diversified application scenarios of photovoltaic technology, including building-integrated photovoltaic, photovoltaic hydrogen production, energy storage and other fields, and strives to create a new energy ecosystem.

Jinko Solar was listed on the STAR Board of the Shanghai Stock Exchange in 2022, and JinkoSolar Holding Co., Ltd., its indirect controlling shareholder, was listed on the New York Stock Exchange in 2010.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

Ms. Stella Wang

JinkoSolar Holding Co., Ltd.

Tel: +86 21-5180-8777 ext.7806

Email: pr@jinkosolar.com

JinkoSolar to sign a strategic partnership agreement with Tongwei for project investment and industrial chain cooperation

Legal Statement