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Shanghai, June 13, 2017 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE:JKS), a global leader in the photovoltaic (“PV”) industry, today announced that it has signed a frame agreement with KAFKAS, the largest electrical equipment distributor in Greece for a strategic collaboration to supply the Greek net-metering scheme. Under this agreement, JinkoSolar will organize training seminars, special promotional actions and events and offer the best commercial terms to local installers for rooftops. KAFKAS will maintain a significant stock in Greece with JinkoSolar's products in order to serve reliably and immediately to their clients all over Greece with full flexibility of order quantity. As KAFKAS is supplying all the required equipment for net-metering systems, Greek rooftops installers can use one-stop sale point in 56 different stores across Greece. The alliance draws upon the combined strengths of each company –JinkoSolar's high efficiency products and best in class quality services fused with the breadth and depth of KAFKAS's system portfolio and its country wide network to deliver one-stop solar PV solutions that enable rapid deployment of commercial and residential installations. “We are excited to collaborate with our trusted partner KAFKAS to provide reliable applications and solutions to Greek customers. This collaboration is an ideal complementary fit with our channel penetration strategy and DG segment focus. It will further strengthen our positioning in the Greek distribution market. KAFKAS brings along a long-term experience and distribution track-record and will be an important strategic partner for JinkoSolar in Greece. We look forward to working closely together,” said Frank Niendorf, General Manager of JinkoSolar Europe.
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.
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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. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@hyxd168.com
