SHANGHAI,
June 26, 2017 /PRNewswire-FirstCall/
-- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company")
(NYSE: JKS), a global leader in the photovoltaic (PV) industry,
today announced that JinkoSolar Japan K.K. ("JinkoSolar Japan"), a
subsidiary of the Company, has signed a JPY4.1 billion syndicated loan agreement up to
two years with a bank consortium led by Sumitomo Mitsui Banking
Corporation ("SMBC"). The financing will be used to support strong
shipments growth in Japan and to
supplement JinkoSolar Japan's working capital.
"I am pleased to have the opportunity to work with SMBC
again in increasing our line of credit. As one of the largest
commercial banks in Japan, SMBC
upholds the highest standards and thoroughly evaluates the
financial position of each company applying for a
loan," commented Mr. Charlie
Cao, JinkoSolar's Chief Financial Officer. "I
believe this loan agreement demonstrates the trust and recognition
of a respected financial institution in JinkoSolar's brand,
business scale, operations and financial position. We look forward
to working closely with SMBC and other local banks to further
expand our business in Japan."
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 5.0 GW for silicon
ingots and wafers, 4.0 GW for solar cells, and 6.5 GW for solar
modules, as of March 31,
2017.
JinkoSolar has over 15,000 employees across its 8
productions facilities in China
(5), Malaysia, Portugal and South
Africa, 15 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United
States, Canada,
Mexico, Brazil, Chile, Australia and South
Africa, and 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
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
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SOURCE JinkoSolar Holding Co., Ltd.