JinkoSolar Announces Results of 2021 Annual General Meeting

Rhea-AI Summary

On December 9, 2021, JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that all resolutions proposed at its 2021 annual general meeting were approved by shareholders. Key approvals include the re-elections of directors Xianhua Li and Steven Markscheid, the ratification of PricewaterhouseCoopers Zhong Tian LLP as auditors for 2021, and authorization for directors to determine auditor remuneration. JinkoSolar continues to be a major player in the solar industry with a vertically integrated capacity of 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules as of September 30, 2021.

Positive

• Shareholder resolutions at the 2021 annual meeting were successfully passed.
• Re-elections of key directors ensure continuity in leadership.
• Ratification of PricewaterhouseCoopers as auditors may enhance financial oversight.

Negative

• None.

SHANGRAO, China, Dec. 9, 2021 /PRNewswire/ -- 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 all shareholders resolutions proposed at the Company's 2021 annual general meeting held today were duly passed. Specifically, the shareholders passed the following resolutions approving:

1. The re-election of Mr. Xianhua Li as a director of the Company;
2. The re-election of Mr. Steven Markscheid as a director of the Company;
3. The ratification of the appointment of PricewaterhouseCoopers Zhong Tian LLP as auditors of the Company for the fiscal year of 2021;
4. The authorization of the directors of the Company to determine the remuneration of the auditors; and
5. The authorization of each of the directors of the Company to take any and all action that might be necessary to effect the forgoing resolutions 1 to 4 as such director, in his or her absolute discretion, thinks fit.

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 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules, as of September 30, 2021.

JinkoSolar has 9 productions facilities globally, 22 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2021.

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. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com  

In the U.S.:
Ms. Linda Bergkamp
Christensen
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

View original content:https://www.prnewswire.com/news-releases/jinkosolar-announces-results-of-2021-annual-general-meeting-301440877.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What were the outcomes of JinkoSolar's 2021 annual general meeting?

All proposed resolutions were passed, including re-elections of directors and auditor ratification.

Who were re-elected as directors at JinkoSolar's 2021 meeting?

Xianhua Li and Steven Markscheid were re-elected as directors.

Who will audit JinkoSolar for fiscal year 2021?

PricewaterhouseCoopers Zhong Tian LLP was ratified as the auditor.

What is JinkoSolar's production capacity as of September 30, 2021?

JinkoSolar has an integrated capacity of 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules.