Shanghai, June 13, 2017 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the photovoltaic (“PV”) industry, today announced that it has signed a frame agreement with KAFKAS, the largest electrical equipment distributor in Greece for a strategic collaboration to supply the Greek net-metering scheme. Under this agreement, JinkoSolar will organize training seminars, special promotional actions and events and offer the best commercial terms to local installers for rooftops. KAFKAS will maintain a significant stock in Greece with JinkoSolar's products in order to serve reliably and immediately to their clients all over Greece with full flexibility of order quantity. As KAFKAS is supplying all the required equipment for net-metering systems, Greek rooftops installers can use one-stop sale point in 56 different stores across Greece. The alliance draws upon the combined strengths of each company –JinkoSolar's high efficiency products and best in class quality services fused with the breadth and depth of KAFKAS's system portfolio and its country wide network to deliver one-stop solar PV solutions that enable rapid deployment of commercial and residential installations. “We are excited to collaborate with our trusted partner KAFKAS to provide reliable applications and solutions to Greek customers. This collaboration is an ideal complementary fit with our channel penetration strategy and DG segment focus. It will further strengthen our positioning in the Greek distribution market. KAFKAS brings along a long-term experience and distribution track-record and will be an important strategic partner for JinkoSolar in Greece. We look forward to working closely together,” said Frank Niendorf, General Manager of JinkoSolar Europe.
Legal Statement
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.