JinkoSolar's Subsidiary Jinko Solar Co., Ltd. to be Listed on Shanghai Stock Exchange on January 26, 2022

Rhea-AI Summary

JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that its subsidiary, Jinko Solar Co., Ltd., will be listed on the Shanghai Stock Exchange's Sci-Tech innovation board on January 26, 2022. As one of the largest solar module manufacturers globally, JinkoSolar operates with a robust annual capacity of 31 GW for mono wafers, 19 GW for solar cells, and 36 GW for solar modules as of September 30, 2021. The listing is poised to enhance JinkoSolar's market presence and access to capital.

Positive

• Listing on Shanghai Stock Exchange's Sci-Tech innovation board expected to enhance market presence.
• Strong production capacity: 31 GW (mono wafers), 19 GW (solar cells), 36 GW (solar modules) as of September 30, 2021.

Negative

• None.

SHANGRAO, China, Jan. 24, 2022 /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 its principal operating subsidiary, Jinko Solar Co., Ltd., will be officially listed on the Shanghai Stock Exchange's Sci-Tech innovation board on January 26, 2022.

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, 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.

For more information:  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

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

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

View original content:https://www.prnewswire.com/news-releases/jinkosolars-subsidiary-jinko-solar-co-ltd-to-be-listed-on-shanghai-stock-exchange-on-january-26-2022-301466438.html

SOURCE JinkoSolar Holding Co., Ltd.

FAQ

What is the significance of JinkoSolar's subsidiary listing on the Shanghai Stock Exchange on January 26, 2022?

The listing is expected to enhance JinkoSolar's market presence and access to capital, which may benefit future business expansion.

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

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

How does JinkoSolar's global presence impact its business?

JinkoSolar serves a diverse international customer base, which helps mitigate risks associated with regional market fluctuations.