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SHANGHAI, Oct 19, 2010 /PRNewswire via COMTEX/ --JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing solar product manufacturer with low-cost operations based in China, today announced that it has entered into agreements to supply a total of 54 megawatts ("MW") of solar modules to Saint-Gobain Building Distribution Deutschland GmbH ("SGBDD"). Under the terms of the agreements, JinkoSolar will supply SGBDD with 54 MW of solar modules, with 4 MW to be shipped in 2010 and 50 MW to be shipped in 2011. ? "We are excited to have established a partnership with SGBDD, one of Europe's leading building supply distributors," said Mr. Xiande Li, Chairman of the Board of Directors at JinkoSolar. "SGBDD's move into solar business displays its long-term confidence in the global solar industry and reemphasizes Germany's role as a leading market for solar products. The supply agreements further demonstrate the high quality of our solar modules and add to our esteemed track record with well-known solar players. We look forward to building a long-term relationship with SGBDD." Udo Brandt, Chief Executive Officer of SGBDD, commented, "We are pleased to have entered into agreements with JinkoSolar, whose solar modules pass our stringent due diligence and quality tests. We plan to sell modules purchased from JinkoSolar in a great number of our chain stores throughout Germany. JinkoSolar has an established track record and is our largest solar module supplier to date. We look forward to developing a long-term relationship with the company, as we believe solar products will be increasingly beneficial to our overall business expansion."
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
Email: pr@kbmyaudio.com
