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? JinkoSolar Becomes the First PV Company Passing Anti PID Test by TUV-SUD at 85 Degrees Celsius SHANGHAI, Aug. 20, 2012-- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that the Company's? polycrystalline modules passed PID test at 85 Degrees Celsius/85% relative humidity, following the success of passing potential induced degradation (PID) test at 65 Degrees Celsius weeks ago. This achievement has made JinkoSolar the first company that passed both forward and reverse bias voltage tests under 85 Degrees Celsius/85% relative humidity, and was awarded with "Anti-PID" certificate at this condition by TUV-SUD. During the testing period, solar modules were exposed to 1,000 volts of bias voltage under the condition of 85 Degrees Celsius/85% relative humidity. In order to pass this extreme test, the maximum degradation of power output between initial and final measurement should not exceed 5%. The tested Jinko modules have successfully passed the stringent requirements set by TUV-SUD. "85 Degrees Celsius temperature /85% relative humidity is harshest known condition of PID test. Passing anti-PID test in this extreme environment solidly demonstrates the high quality of our selected base materials and encapsulation components, as well as our strict quality control of each production process. In addition, our consistent investment in R&D contributes to our success in PID tests and ensures the stable output of JinkoSolar's PV systems over a 25+ year life time," said Kangping Chen, CEO of JinkoSolar. "The benefit to our customer is that PV systems built with our modules generate long-lasting top yields with the lowest PID power loss even under the most adverse conditions. This will ensure our customers the lowest claim rate and the shortest return on investment. This improvement in both performance and quality reliability is in line with our constant commitment to customers to keep 'Building your Trust in Solar'," JinkoSolar's Chief Marketing Officer Arturo Herrero added. "PID is one of the phenomena that impose the biggest negative effects on the power output of solar plants. It is also a matter of great influence for buyers and investors since basic TUV certificates cannot meet their increasingly demanding and professional requirements," commented by Mr. Hailiang Xu, manager of PV Business Unit of TUV-SUD. "We are very pleased to see this achievement made by JinkoSolar. It assures us of the increasing awareness of Chinese solar manufactures to pursue the top quality of their products. TUV-SUD will continue to roll out programs that pose big challenges to the quality of solar products, which will help buyers identify the best suppliers and solar manufacturers gain stronger brand recognition in the solar market. "
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 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan(2), 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.
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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
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