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JinkoSolar Promotes Technology Innovation Through TOPCon Patent License Transaction

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JinkoSolar Holding Co., Ltd. (NYSE: JKS) has granted rights to certain N-type TOPCon-related patents to a top ten solar module company, solidifying its position as a leader in solar PV technology. With over 330 granted TOPCon patents, JinkoSolar's strategic IP transaction is expected to strengthen its market position and promote innovation and collaboration in the industry.
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The licensing agreement between JinkoSolar and a top ten solar module company for the N-type TOPCon technology represents a strategic maneuver within the solar photovoltaic (PV) sector. This move is indicative of JinkoSolar's aggressive IP strategy and positions the company as a key player in the market, potentially influencing its market share and competitive edge. By monetizing its extensive patent portfolio, JinkoSolar not only generates additional revenue streams but also fosters industry-wide adoption of its technologies, which may lead to standardization around its innovations. This could increase barriers to entry for competitors and secure long-term growth for JinkoSolar.

Furthermore, such collaborations can be seen as a proactive approach to mitigate litigation risks associated with patent infringement, a common concern in high-tech industries. For stakeholders, this agreement could signal a robust and innovation-driven company outlook, which might be reflected in investor confidence and stock valuation. However, the actual financial impact will depend on the terms of the licensing agreement and the market's adoption rate of the TOPCon technology.

From a financial perspective, JinkoSolar's licensing deal can be viewed as a strategic initiative to capitalize on its R&D investments. The revenue from the license fee arrangement provides an immediate financial benefit and diversifies income sources beyond just product sales. The company's extensive patent portfolio, particularly in the TOPCon technology, is a valuable asset that can offer a sustainable competitive advantage and possibly lead to higher margins from licensing deals.

Investors should monitor the company's future earnings reports for indications of the financial impact of these IP transactions. The deal may also lead to cost savings by avoiding potential legal disputes. It's important to consider the scalability of this revenue model and whether JinkoSolar can continue to leverage its IP in similar agreements with other companies, which would further enhance its financial position.

The intellectual property (IP) landscape in the solar PV industry is complex and competitive. JinkoSolar's decision to license its N-type TOPCon patents can be seen as a strategic IP management tactic. It allows the company to maintain its technological leadership while legally sharing its advancements with other market players. By granting rights to its patents, JinkoSolar effectively creates a legal framework for technology sharing that may reduce the risk of patent infringement litigation.

For the industry, this move could lead to a more collaborative environment, with companies building upon each other's technologies to accelerate innovation. Such licensing agreements are often accompanied by cross-licensing deals, which can further solidify a company's legal standing and freedom to operate. The impact on the legal risk profile for both JinkoSolar and the licensee could be significant, potentially influencing investor perception of the companies' risk management strategies.

SHANGRAO, China, Jan. 5, 2024 /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 its affiliated company has recently granted rights to certain of its N-type TOPCon (Tunnel Oxide Passivated Contact)-related patents to one of the top ten solar module companies in the world ("Licensee") with reasonable license fee arrangement, allowing Licensee to use certain JinkoSolar's patented TOPCon technologies in its relevant TOPCon products.

JinkoSolar is overtaking most brands on the N-type TOPCon patent list with 330 granted TOPCon patents. This IP transaction between JinkoSolar and Licensee is a strategic win-win move by both companies, potentially strengthening the respective positions of the two companies in the markets.

IP transactions are not unique to the Solar Photovoltaic industry. Many other high-tech industries including semiconductors, telecommunications, and AI do them as a way to promote innovation and collaboration as well as avoid legal disputes.

As a leader in solar PV technology with years of substantial investments in R&D, JinkoSolar has, so far, applied for over 3500 patents and obtained more than 2000 authorized patents. These patents cover a wide range of high-efficiency solar cell and module technologies, including PERC, TOPCon, BC, etc. And JinkoSolar holds one of the largest portfolio of granted TOPCon patents in the world. 

"The pressing need to reduce carbon emissions calls for faster technological development and greater accessibility to new technologies in the Solar PV industry. At JinkoSolar, we want to help other market players and our clients to identify opportunities for developing new technologies and products and can help them to navigate the complex landscape technology mapping", said Dr. Hao Jin, CTO of JinkoSolar.

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, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.

JinkoSolar had 14 productions facilities globally, 24 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and global sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of September 30, 2023.

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

Cision View original content:https://www.prnewswire.com/news-releases/jinkosolar-promotes-technology-innovation-through-topcon-patent-license-transaction-302027109.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What is the name of the company mentioned in the press release?

The company mentioned in the press release is JinkoSolar Holding Co., Ltd. (NYSE: JKS).

What type of patents has JinkoSolar granted to another company?

JinkoSolar has granted N-type TOPCon-related patents to another company.

How many TOPCon patents does JinkoSolar hold?

JinkoSolar holds over 330 granted TOPCon patents, making it one of the leaders in the industry.

Who is the CTO of JinkoSolar?

Dr. Hao Jin is the CTO of JinkoSolar.

What is the ticker symbol of JinkoSolar?

The ticker symbol of JinkoSolar is JKS.

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