SHANGHAI, July 16, 2019 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, today announced that it was ranked 340th on the
2019 Fortune China 500 and first among solar module
manufacturers. This marks the fifth consecutive year that the
Company has been included in the Fortune China 500 list.
The 2019 Fortune China 500 list is an annual ranking
measured by revenue of the top 500 Chinese companies listed on both
domestic and overseas markets compiled by Fortune China. After more
than a decade of robust global expansion, JinkoSolar has grown to
become the world's largest solar module manufacturer since 2016, a
feat attributed to its continuous focus on innovation, reliable and
high-quality products, and premium customer service.
The Company kicked off the year with a strong start as module
shipments increased 50.7% year-over-year to 3,037 MW during the
first quarter of 2019. Gross margin was 16.6%, up from 14.4%
year-over-year due to a higher proportion of sales generated by
high efficiency mono products and further reductions in production
costs. With the continuous diversification of its global
distribution network and overseas expansion in key markets,
JinkoSolar expects total solar module shipments for full year 2019
to be in the range of 14.0GW to 15.0GW.
"The increasing demand from our global clients is driving growth
and demonstrates the increasing recognition our high efficiency
mono-crystalline products are generating in the market," commented
Mr. Kangping Chen, CEO of
JinkoSolar. "Our R&D team is committed to nurturing
technological innovation and quality improvements. We believe that
high-quality products will bring better returns to investors"
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 10.5 GW for silicon
wafers, 7.0 GW for solar cells, and 11.0 GW for solar modules, as
of March 31, 2019.
JinkoSolar has over 13,500 employees across its 7 productions
facilities globally, 15 oversea subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United
States, Canada,
Mexico, Brazil, Chile, Australia and United
Arab Emirates, and global sales teams in China, United
Kingdom, France,
Netherlands, Spain, Bulgaria, Greece, Romania, Ukraine, Jordan, Saudi
Arabia, Tunisia,
Egypt, Morocco, Nigeria, Kenya, South
Africa, Costa Rica,
Colombia, Panama and Argentina.
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:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183 3105
Email: pr@jinkosolar.com
View original
content:http://www.prnewswire.com/news-releases/jinkosolar-ranked-among-fortune-china-500-companies-for-fifth-consecutive-year-ranked-first-among-solar-module-manufacturers-300885441.html
SOURCE JinkoSolar Holding Co., Ltd.