SHANGHAI, July 2, 2018 /PRNewswire/ -- 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 JPY5.3 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 expand business in Japan and to supplement JinkoSolar Japan's
working capital.
"I am glad to have the opportunity to work with SMBC again in
increasing our credit line," commented Mr. Charlie Cao, JinkoSolar's Chief Financial
Officer. "I believe this loan agreement demonstrates the trust and
recognition that first-tier Japanese commercial banks have in
our brand and operations in Japan. We look forward to further deepening
our relationship with SMBC and other local banks to further expand
our business there."
About JinkoSolar Holding Co., Ltd.
JinkoSolar Holding Co., Ltd. (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, 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 9 GW for silicon
ingots and wafers, 5 GW for solar cells, and 9 GW for solar
modules, as of March 31, 2018.
JinkoSolar has over 12,000 employees across its eight production
facilities globally, 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 global sales offices in mainland China, Hong
Kong, Japan, India, Turkey, Germany, Switzerland, United
States, Brazil,
Chile, Australia, South
Africa, and United Arab
Emirates.
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.