JinkoSolar Jumps to Rank 330 on 2016 China Fortune 500
SHANGHAI, July 14, 2016 – JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that the Company made a big leap forward in the latest China Fortune 500 list, climbing from position 437 to 330. Vaulting 107 places, this is enough to land the Company on the China Fortune 500 list of biggest year-on-year improvement, and is the company's highest rank yet.
Fortune ranks companies by a number of factors, including their 2015 revenue. According to Fortune, JinkoSolar total revenues were RMB16.08 billion in 2015, an increase of 61.1% from 2014. Each year the Fortune 500 list ranks the titans of industry, and there’s always a special focus on the companies with the largest gains in rank. After a record-setting year of sales, it shouldn’t be much of a surprise that JinkoSolar has been the fastest growing and the most sustainable company in the global solar PV industry.
“We are so encouraged to hear the news that in 2015 JinkoSolar again ranked in the China Fortune 500 list and soared to its greatest heights yet, moving up 107 spots to No. 330. Ballooning module sales last year might have had something to do with Jinkosolar's jump in its Fortune 500 ranking, but the company accomplished a significant number of other achievements too. JinkoSolar had connected and operated over 1 GW of solar plants by the end of 2015, pioneering a strong presence in the Chinese distributed generation market. All that hard work has paid off.” commented Mr. Chen Kangping, CEO of JinkoSolar.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is a global leader in the solar industry. 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 3.5 GW for silicon ingots and wafers, 3 GW for solar cells, and 6 GW for solar modules, as of March 31, 2016. JinkoSolar also sells electricity in China, and had connected approximately 1,007 MW of solar power projects to the grid, as of March 31, 2016.
JinkoSolar has over 15,000 employees across its 5 productions facilities in Jiangxi and Zhejiang Provinces, China, Malaysia, Portugal and South Africa, 12 global sales offices in China, Spain, the United Kingdom, the United Arab Emirates, Jordan, Saudi Arabia, Egypt, Morocco, Ghana, Brazil, Costa Rica and Mexico and 11 oversea subsidiaries in Germany, Italy, Switzerland, the United States, Canada, Australia, Singapore, Japan, India, South Africa and Chile.
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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-6061-1792
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