SHANGHAI, March 6, 2019 /PRNewswire-FirstCall/ --
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:
JKS), a reputable solar module manufacture in the world, today
announced that according to media reports, Hanwha Q Cells this week
filed actions against JinkoSolar in the US ITC, US District Court
of Delaware, and Germany's regional Düsseldorf court. The
actions follow the rapid growth of solar energy in the US and
German markets where JinkoSolar has been successful.
Based on JinkoSolar's preliminary analysis of Hanwha's
complaints and the asserted patents, the Company believes that the
complaints are without technical or legal merit. JinkoSolar,
therefore, categorically refutes Hanwha's allegations.
JinkoSolar is working closely with its legal counsel and
technical advisors to vigorously defend against the claims made by
Hanwha. The company is considering all legal avenues available,
including petitioning for the invalidity of Hanwha's alleged
patents. JinkoSolar looks forward to prevailing in court.
JinkoSolar fully respects intellectual property rights and
encourages healthy competition, but it will take legal action to
defend itself, its clients, and its partners.
JinkoSolar does not expect any disruption to its normal
operations arising from this matter. JinkoSolar has been allocating
substantial resources to R&D over many years, and has broken
world records for cell efficiency. JinkoSolar will strive to
maintain its market leadership in solar module supply to the US and
EU markets, providing its customers with high quality products and
timely delivery.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the world's largest and
foremost solar module manufacturers. 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 9.2 GW for silicon
wafers, 6.5 GW for solar cells, and 10.0 GW for solar modules, as
of September 30, 2018.
JinkoSolar has over 12,000 employees across its 6 productions
facilities globally, 15 oversea subsidiaries in Japan (2), Singapore, India, Turkey, Germany, Italy, Switzerland, United
States, Canada,
Mexico, Brazil, Chile, Australia and United
Arab Emirates, and global sales teams in United Kingdom, Bulgaria, Greece, Romania, Jordan, Saudi
Arabia, Egypt, Morocco, Ghana, 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:
Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056
Email: ir@jinkosolar.com
Christian Arnell
Christensen
Tel: +86-10-5900-2940
Email: carnell@christensenir.com
In the U.S.:
Ms. Linda
Bergkamp
Christensen
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE JinkoSolar Holding Co., Ltd.