SHANGHAI, Sept. 27, 2017 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), a global
leader in the solar PV industry, today announced that it has filed
a prospectus supplement to sell up to an aggregate of US$100,000,000 of its American depositary shares
("ADSs"), each representing four ordinary shares, through an
at-the-market equity offering program. The ADSs will be
offered through Credit Suisse and Barclays as sales agents.
Sales, if any, of the ADSs under the at-the-market equity
offering program will be made from time to time, at the Company's
discretion, by means of ordinary broker transactions on or through
the New York Stock Exchange (the "NYSE") or other markets for its
ADSs, sales made to or through a market maker other than on an
exchange, or otherwise in negotiated transactions at market prices
prevailing at the time of sale or at negotiated prices, or as
otherwise agreed with the sales agents. JinkoSolar intends to use
the net proceeds from the sales of its ADSs for general corporate
purposes, including capital expenditures of its existing offshore
solar power plant development and working capital.
The ordinary shares represented by ADSs will be offered under
the Company's shelf registration statement on Form F-3, which
became effective on August 22, 2017.
A prospectus supplement dated September 27,
2017 and a related base prospectus (included in the
Company's shelf registration statement on Form F-3) describing the
terms of the offering have been filed with the Securities and
Exchange Commission (the "SEC"). Investors are advised to
read the prospectus supplement and the related base prospectus and
other documents the Company has filed with the SEC for more
complete information about the Company and the at-the-market
offering. A copy of the prospectus supplement and the related
base prospectus may be obtained from Credit Suisse Securities
(USA) LLC, Attention: Prospectus
Department, One Madison Avenue, New York,
NY, 10010, by phone at (800) 221-1037, or by e-mail at
newyork.prospectus@credit-suisse.com; and Barclays Capital Inc.,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, by phone
toll free at 1-888-603-5847, or by email at
barclaysprospectus@broadridge.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor will there be
any sale of these securities in any state or jurisdiction in which
such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or other jurisdiction. The offering may be made only by means
of a prospectus supplement and the related base prospectus.
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 6.0 GW for silicon
ingots and wafers, 4.5 GW for solar cells, and 7.5 GW for solar
modules, as of June 30, 2017.
JinkoSolar has over 15,000 employees across its 8 production
facilities in China (5),
Malaysia, Portugal, and South
Africa; 16 overseas subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United
States, Canada,
Mexico, Brazil, Chile, Australia, South
Africa and United Arab
Emirates; 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/Forward-Looking Statements
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, 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
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SOURCE JinkoSolar Holding Co., Ltd.