JinkoSolar’s manufacturing facilities in Sichuan subject to electricity rationing measures


SHANGRAO, China, August 22, 2022 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the world’s largest and most innovative solar module manufacturers, today announced that since August 15, 2022the local government of Sichuan province, where some of JinkoSolar’s manufacturing facilities are located, has imposed province-wide electricity rationing measures to alleviate the power shortage in the region. As a result of these measures, the production capacity of JinkoSolar’s manufacturing facilities at Sichuan province was temporarily affected.

JinkoSolar is actively monitoring the situation and has implemented various measures to minimize the negative impact of energy rationing on its business operations and financial performance, including, but not limited to, ensuring that its other manufacturing facilities are taking on more production and actively communicating with the local government about power-related issues. However, as it remains uncertain how long the electricity rationing measures will persist and when JinkoSolar Sichuan manufacturing facilities may resume full production, JinkoSolar is currently unable to assess how its business operations and financial performance for the full year 2022 will be affected.

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 diverse international utility, commercial and residential customer base in China, United States, Japan, Germanythe UK, Chile, South Africa, India, Mexico, Brazilthe United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Swiss, Greece and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an annual integrated capacity of 40.0 GW for monowafers, 40.0 GW for solar cells and 50.0 GW for solar modules, from March 31, 2022.

JinkoSolar has 12 production sites worldwide, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Swiss, United States, Mexico, Brazil, Chile, Australia, Canada, MalaysiaUnited Arab Emirates and Denmarkand global sales teams on the continent China, United States, Canada, Germany, Swiss, Italy, Japan, AustraliaKorea, India, Turkey, Chile, Brazil, Mexico and hong kongof the March 31, 2022.

To learn 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. 1995. These forward-looking statements can be identified by words such as “will”, “expect”, “anticipate”, “future”, “intend”, “anticipate”, “believe”, ” esteem” and other similar statements. Among other things, management’s quotes in this press release and the Company’s operating 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 SEC, including its Annual Report on Form 20-F. Except as required by law, the Company undertakes no 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:

M/s. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 extension 7806
E-mail: [email protected]

Mr. René Vanguestaine
Tel: +86 178 1749 0483
E-mail: [email protected]

In the USA:

M/s. Linda Bergkamp
Christensen, Scottsdale, AZ
Tel: +1-480-614-3004
E-mail: [email protected]

SOURCE JinkoSolar Holding Co., Ltd.


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