JACKSONVILLE, Fla.,
June 4, 2020 /PRNewswire/ --
JinkoSolar Holding Co., Ltd. (NYSE: JKS), one of the largest and
most innovative solar module manufacturers in the world, today
announced that the United States International Trade Commission
("ITC") issued a favorable final determination concluding
JinkoSolar's products do not infringe a patent asserted by Hanwha Q
CELLS.
In March 2019, Hanwha initiated
ITC Investigation No. 337-TA-1151 against JinkoSolar, LONGi Solar,
and REC Group, asserting that the companies infringe U.S. Patent
No. 9,893,215.
On June 3, 2020, the Commission
issued its final determination in JinkoSolar's favor, affirming the
Administrative Law Judge's initial determination in April, which
was based on analysis of detailed, expert testimony, that
JinkoSolar's products do not infringe Hanwha's patent.
"We welcome this final decision from the ITC, confirming what we
have known all along: our products do not infringe Hanwha's
patent," said Kangping Chen, CEO of
JinkoSolar. "From the start, we have believed that the case brought
by Hanwha was legally and technically meritless and
a transparent attempt to disrupt innovation and slow our
momentum. The ALJ's decision confirms that Hanwha should never have
brought this case in the first place. JinkoSolar is a true
innovator, and this outcome validates our technology. Our top
priority is to provide our customers around the world with the
industry-leading, sustainable, high-quality, high-performance solar
modules they have come to expect from us."
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 11.5 GW for mono wafers, 10.6 GW for solar
cells, and 16 GW for solar modules, as of December 31,
2019.
JinkoSolar has over 15,000 employees across its 7
productions facilities globally, 14 overseas subsidiaries
in Japan, South
Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United
States, Mexico, Brazil, Chile and Australia,
and global sales teams in China, United
Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi
Arabia, Tunisia, Morocco, Kenya, South
Africa, Costa
Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri
Lanka, Thailand, Vietnam, Poland 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.
Contact
For investor and media inquiries, please contact:
In China
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: ir@jinkosolar.com
Mr. Christian Arnell
Christensen
Tel: +86 10 5900 2940
Email: carnell@christensenIR.com
In the US
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE JinkoSolar Holding Co., Ltd.