JinkoSolar Expands into France’s Sun Belt Module manufacturer opens French subsidiary and office in Montpellier, France SHANGHAI and MONTPELLIER, January 10, 2012 –SHANGHAI and MONTPELLIER, January xx, 2012 - JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, today announced the incorporation of its French subsidiary JinkoSolar S.A.S. and the opening of its French office in Montpellier, in the province of Languedoc-Roussillon. The new location will support JinkoSolar’s local partners and complement the growth of the region’s solar industry. “Since JinkoSolar established its commercial presence in France in 2009, the French solar market has become one of our top targets in Europe. Our physical and legal presence in France is part of our strategy to establish a sustainable and long-term presence in this market. We have sold over 40 MW of modules in 2011 alone and by locating our office and subsidiary in the middle of what could be called the French Sun Belt in Montpellier, we are better able to serve our local partners and to anticipate the future of the PV market in France,” said David Li, JinkoSolar’s Chairman. The new office will be located in the first energy positive office building of the Languedoc-Roussillon Region. The building, which is called the Montpellier International Business Incubator (MIBI), was developed and is currently managed by Montpellier Agglomeration, the local government administrative authority responsible for business development in the greater Montpellier area. The building is 3,500sqm of total surface dedicated to serving international businesses and is one of the first Positive Energy Buildings in the South of France, with 700sqm of PV module installations. The annual estimated production of the panels installed equate to 76,630kWh/year, yielding 27 tons of CO2 emissions saved every year. JinkoSolar is conscious of the company’s carbon footprint throughout its entire operation and supply chain and specifically chose the MIBI building for its nod towards energy efficiency and outstanding solar production. Earlier this year, France introduced open tenders for large-scale solar energy projects, once again validating JinkoSolar’s decision to expand its operations in the region. “The French market is evolving with the introduction of the new open tenders’ framework. JinkoSolar is working with its local partners to prepare answers to the open tenders, demonstrating its willingness to innovate both technically and competitively in the French market,” concluded Li. For press inquiries, email pr@jinkosolar.com
Legal Statement
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.
To find out more, please see: www.jinkosolar.com
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:
In China:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@jinkosolar.com
