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JinkoSolar Signs 300MW Master Module Supply Agreement with Senyuan Electric

2016-10-11 06:30 ET - News Release

SHANGHAI, Oct. 11, 2016 /PRNewswire-FirstCall/ -- 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 300MW master module supply agreement with Henan Senyuan Electric Co., Ltd. ("Senyuan Electric"), a developer of PV power plant projects and a producer of high, medium and low voltage switchgear, listed in A-share market.

JinkoSolar will cooperate with Senyuan Electric by supplying solar modules for local PV poverty alleviation projects in Henan. The focus will be alleviating poverty by developing targeted PV projects in poor area in Henan province.

"We have been leveraging our strong technical skills, reliable high-efficiency products and experienced development team to participate in a number of poverty alleviation projects across China in recent years, including Jiangxi, Anhui, Guizhou, Shanxi, Gansu and Shandong provinces," commented Mr. Gener Miao, JinkoSolar's Vice President of Global Sales and Marketing. "Our collaboration with Senyuan Electric will provide thousands of low-income households with the highest quality PV modules that will ensure a sustainable generation of green energy and income for them and raise their standard of living."

Mr. Hong Cao, General Manager of Senyuan Electric added, "Senyuan Electric and JinkoSolar share a commitment to helping alleviate poverty through high quality PV projects, which has created an important foundation to strengthen our relationship. Looking forward, we expect to join hands with JinkoSolar to promote the roll out of more PV poverty alleviation projects in Henan."

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is a global leader in the solar industry. 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 3.5 GW for silicon ingots and wafers, 3.5 GW for solar cells, and 6.5 GW for solar modules, as of June 30, 2016. JinkoSolar also sells electricity in China, and had connected approximately 1,130 MW of solar power projects to the grid, as of June 30, 2016.

JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, 16 oversea subsidiaries in Japan (2),  Singapore, India, Turkey, Germany, Italy, Switzerland, Spain, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.

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:

Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: ir@jinkosolar.com

Mr. Christian Arnell
Christensen, Beijing 
Tel: +86 10 5900 2940
Email: carnell@christensenir.com

In the U.S.:

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jinkosolar-signs-300mw-master-module-supply-agreement-with-senyuan-electric-300342494.html

SOURCE JinkoSolar Holding Co., Ltd.

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