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JinkoSolar Holds Strategic Meeting with Saudi Electricity Company

2017-05-18 18:50
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BEIJING, May 18, 2017 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that a team led by Mr. Xiande Li, Chairman of JinkoSolar, held a strategic meeting in Beijing on May 17, 2017 with Dr. Saleh H. Alawaji, Deputy Minister for Electricity Affairs for the Kingdom of Saudi Arabia and Chairman of the Saudi Electricity Company (SEC).

Dr. Alawaji briefed JinkoSolar on the SEC's business operations, services and long-term business prospects. Dr. Alawaji also shared his vision for Saudi Arabia's renewable energy development and growth targets.

Mr. Li introduced JinkoSolar's developments history, scale and capacity, as well as its latest achievements in both solar manufacturing and project development.

Dr. Alawaji was impressed by JinkoSolar's development history, deep experience, solid financing capabilities, and strong project development track record. Mr. Li was fascinated by the SEC's efforts in implementing a national energy diversification strategy and in creating a fair, transparent and open bidding mechanism for all Independent Power Producer (IPP) participants.

This strategic meeting created stronger ties between both parties and will aid in creating solar power opportunities across Saudi Arabia.

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 5.0GW for silicon ingots and wafers, 4.0GW for solar cells, and 6.5 GW for solar modules, as of December 31, 2016.

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

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: pr@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-holds-strategic-meeting-with-saudi-electricity-company-300459932.html

Source: JinkoSolar Holding Co., Ltd.

Related stocks: NYSE:JKS

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