Dec. 20, 2012
/PRNewswire-FirstCall/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that it has signed a strategic cooperation agreement with Jinchuan Group Co., Ltd. ("Jinchuan Group"), a Chinese state-owned enterprise, to jointly invest and develop a 200 MW photovoltaic ("PV") solar power plant in Jinchang,
. Once connected to the grid, the project will become one of the
's largest independent PV solar power plants.
RMB 2 billion
investment scale, the project has been approved by Gansu Development and Reform Commission and is expected to be completed and connected to the grid by
. The PV solar power plant will complement the large industrial base and infrastructure Jinchuan Group has already built in the region with three thermal power plants.
"Jinchang receives large amounts of sunlight and has ample land resources, which make it very suitable for PV power plant development." said Mr.
, Chairman of JinkoSolar. "We are very pleased to cooperate with Jinchuan Group, a reputed SOE with international competitiveness. We are confident that our cooperation will aid in the development of a green future for the region and a sustainable return on our investment."
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a leading solar power product manufacturer with production operations in
and Zhejiang Provinces in
and sales and marketing offices in
JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2 GW each for silicon ingots and wafers, solar cells and solar modules as of
September 30, 2012
. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market, including in
the United States
and other countries and regions.
Safe Harbor Statement
This news release may contain 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 "anticipates," "believes," "estimates," "expects," "future," "intends," "plans," "will," and similar statements. Such statements involve inherent 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 public filings with the Securities and Exchange Commission, including its annual report on Form 20-F for the year ended
December 31, 2011
filed with the Securities and Exchange Commission on
April 18, 2012
, as amended on
April 19, 2012
. All information provided in this news release is as of
December 20, 2012
, 2012. Except as required by law, JinkoSolar undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
For investor and media inquiries, please contact:
JinkoSolar Holding Co., Ltd. Tel: +86 21 6061 1792Email:
ChristensenTel: +86 10 5826 4939Email:
In the U.S.:
ChristensenTel: +1 480 614 3003Email:
SOURCE JinkoSolar Holding Co., Ltd.