SHANGRAO, China, Feb. 25, 2022 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, announced that its principal operating subsidiary, Jinko
Solar Co., Ltd. ("Jiangxi Jinko"), had announced certain
preliminary unaudited financial results for full year 2021.
For 2021, (i) the preliminary unaudited revenues of Jiangxi
Jinko under PRC GAAP were RMB40.48
billion, (ii) the preliminary unaudited net income
attributable to the shareholders of Jiangxi Jinko was RMB1.12 billion, and (iii) the preliminary
unaudited net income attributable to the shareholders of Jiangxi
Jinko excluding extraordinary gains and losses was RMB532.3 million.
JinkoSolar currently owns approximately 58.62% equity interest
in Jiangxi Jinko. The preliminary unaudited financial results of
Jiangxi Jinko for 2021 described in this press release (the
"Jiangxi Jinko Preliminary Unaudited Financial Results") are
different from JinkoSolar's consolidated financial results (the
"Consolidated Financials"), mainly because (i) the consolidation
scope of the Jiangxi Jinko Preliminary Unaudited Financial Results
differs from that of the Consolidated Financials: the Jiangxi Jinko
Preliminary Unaudited Financial Results are prepared solely for
Jiangxi Jinko, whereas the Consolidated Financials also include
financial statements of JinkoSolar and its other subsidiaries, and
(ii) the Jiangxi Jinko Preliminary Unaudited Financial Results and
the Consolidated Financials are prepared according to different
accounting standards and principles: the Jiangxi Jinko Preliminary
Unaudited Financial Results are prepared in accordance with PRC
GAAP, whereas the Consolidated Financials are prepared in
accordance with accounting principles generally accepted in
the United States of America. As
such, investors of JinkoSolar should exercise caution when
reviewing the Jiangxi Jinko Preliminary Unaudited Financial Results
described in this press release and are advised not to base their
investment decisions solely on such preliminary unaudited financial
results.
The Jiangxi Jinko Preliminary Unaudited Financial Results
described in this press release are unaudited and are subject to
change upon the completion of its full year 2021 audit process.
These preliminary unaudited financial results should not be viewed
as a substitute for full financial statements of Jiangxi Jinko
prepared in accordance with PRC GAAP.
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 32.5 GW for mono
wafers, 24 GW for solar cells, and 45 GW for solar modules, as of
December 31, 2021.
JinkoSolar has 12 productions facilities globally, 22 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the
United States, Mexico,
Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE and Denmark, and global sales teams in
China, the United States,
Canada, Germany,
Switzerland, Italy, Japan,
Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong
Kong, as of December 31, 2021.
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.
Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@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.