SHANGHAI, May 2, 2011 /PRNewswire-Asia-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing solar product manufacturer with low-cost operations based in China, announced today that the Company has appointed Ron Kenedi as President of JinkoSolar (U.S.) Inc., a wholly owned subsidiary of JinkoSolar.
Mr. Kenedi has over 30 years of experience in the solar industry. Prior to joining JinkoSolar, he served as vice president of Sharp Solar Energy Solutions, the U.S. solar arm of Sharp Electronics Corp., for 9 years, where he spearheaded Sharp's North American solar business. From 1985 to 1999, he worked at Photocomm Inc. as head of sales and marketing and played a key role in a number of acquisitions and mergers as well as Photocomm's initial public offering. In 1999, Photocomm was acquired by Kyocera Solar Inc., where Mr. Kenedi continued to serve a sales and marketing role as well as oversee logistics and engineering operations until he joined Sharp in 2001. He has served on the board of directors for the Solar Energy Industry Association and Solar Alliance. Mr. Kenedi holds a Bachelor of Arts degree from the State University of New York at Stony Brook.
"Mr. Kenedi's years of experience in the North American solar market make him just the man to head our U.S. operations," said Mr. Arturo Herrero, chief marketing officer at JinkoSolar. "We're particularly impressed with his work at Sharp. Under his direction, Sharp's North American solar presence grew tremendously to become the market leader. His experience will be key as we expand our business and bring JinkoSolar's total solutions to the U.S. market. We are confident in Mr. Kenedi's ability to lead JinkoSolar in winning new customers and gaining additional market share in the United States."
Mr. Kenedi commented, "I am pleased and excited to be leading JinkoSolar's U.S. operations. The U.S. solar market is growing at a rapid rate and on a pace to become one of the top solar markets in the world. JinkoSolar's cost structure, as well as management vision and leadership, positions us to gain significant market share in the United States. I look forward to helping JinkoSolar establish a strong foothold in the U.S. market."
About JinkoSolar Holding Co., Ltd.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing and vertically-integrated solar power product manufacturer with low-cost operations based in Jiangxi Province and Zhejiang Province in China and sales and marketing offices in Shanghai, China, Munich, Germany, San Francisco, U.S. and Bologna, Italy. JinkoSolar has built a vertically integrated solar product value chain with integrated annual capacity of 900 MW each for silicon wafers, solar cells and solar modules as of March 31, 2011. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market, including Italy, Germany, Belgium, Spain, the United States, France and other countries and regions. For more information about JinkoSolar, please visit www.jinkosolar.com.
Forward Looking Statements
This press release may contain 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," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent 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 public filings with the Securities and Exchange Commission, including its annual report on 20-F. All information provided in this press release is as of May 2, 2011. Except as required by law, JinkoSolar undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
For investor and media inquiries please contact:
In China:
Yvonne Young
JinkoSolar Holding Co., Ltd.
Tel: +86-21-6106-4018
Email: ir@jinkosolar.com
Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-6284
Email: jks@ogilvy.com
In the U.S.:
Jessica Barist Cohen
Ogilvy Financial, New York
Phone: +1-646-460-9989
E-mail: jks@ogilvy.com
