JinkoSolar Establishes PV Module Testing Lab with UL
Facility will increase quality control and quicken new product development
SHANGHAI, February 21, 2012 - JinkoSolar Holding Co., Ltd. (“JinkoSolar” or “the Company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer based in China, recently announced the opening of its state-of-the-art PV module testing laboratory in Jiangxi, China. The facility has been awarded the Underwriters Laboratories (UL) Witness Testing Data Program (WTDP) Certificate.
JinkoSolar worked with UL, a global leader for product safety, to conduct the testing required to obtain the certification. Through its WTDP, customer and third party facilities may conduct tests under the supervision of UL personnel, which both ensures high quality products and expedite the time to market. JinkoSolar’s facility in Jiangxi can conduct over 16 different kinds of tests, ranging from basic pressure and impact tests to challenging hot spot, pre-decay and UV aging tests, all of which conform to UL and International Electrotechnical Commission regulations. The factory is furnished with cutting edge equipment to conduct tests in accordance with UL test standards and procedures.
In establishing the facility, JinkoSolar received both technical guidance and oversight from professional technical expert witnesses from UL. In two to three years, JinkoSolar aims to reach a higher level of strategic partnership with UL under its Client Test Data Program (CTDP). Under the CTDP, JinkoSolar will be authorized by UL to conduct test programs independently.
“The opening of JinkoSolar’s new world-class PV module testing laboratory complements our mission to produce the highest quality and most reliable solar panels in the industry. The professional personnel and testing facilities will help the Company accelerate its R&D process and reduce lead time of testing and qualification so that we can bring the latest solar technology to our customers as fast as possible. We believe that only non-compromising quality standards of PV modules can guarantee customer trust and loyalty,” said Kangping Chen, CEO of JinkoSolar. “UL certification is the most important certification in the United States. We are committed to expanding our footprint in the US market for the long haul,” added Kangping Chen.
“The newly established JinkoSolar lab marks our first local witness testing lab in the Jiangxi province of China. Together with our global business development experience, these local testing capabilities affirm UL’s efforts to expand and optimize our local services as we provide robust and effective support to the manufacturing industry,” said UL Knowledge Services representative David Qian “As an established and committed advocate for wider adoption of photovoltaics, JinkoSolar will be able enhance its own testing capabilities through its partnership with UL. We are pleased with our collaboration with JinkoSolar to promote Jinko’s testing capability and professional skill under the support by UL Knowledge Services for exclusive training and consulting on WTDP program, and look forward to working more closely in the field of PV products testing and certification in the future.”
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JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing, vertically integrated solar power product manufacturer with cost efficient operations based in Jiangxi Province and
Zhejiang Province in China and sales and marketing offices in Shanghai, China, Munich, Germany, San Francisco, U.S., Queensland, Australia, Bologna, Italy, Montpellier, France and Zug, Switzerland. JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2GW each for silicon ingots, wafers, solar cells and solar modules as of September 30, 2011. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market; including Italy, Germany, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions.
Underwriters Laboratories (UL) is an independent product safety certification organization that has been testing products and writing standards for safety for more than a century. UL evaluates more than 19,000 types of products, components, materials and systems annually with 20 billion UL Marks appearing on 66,000 manufacturers' products each year. UL's worldwide family of companies and network of service providers includes 68 laboratory, testing and certification facilities serving customers in 102 countries. UL is an OSHA-accredited Nationally Recognized Testing Laboratory (NRTL). For further information, please visit website at http://www.ul.com.
Safe Harbor Statement
This press 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 "will," "anticipates," "future," "intends," "plans," "believes," "estimates" 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 20-F for the fiscal year ended December 31, 2010 filed with the Securities and Exchange Commission on April 25, 2011, as amended on May 10, 2011 and September 2, 2011. All information provided in this press release is as of February 21, 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,
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