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JinkoSolar Signs 100MW Supply Contract With Jing Bei New Energy


SHANGHAI, 22 May, 2017 -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), a global leader in the photovoltaic industry (PV), today announced that it has signed a supply contract with Jing Bei New Energy, whereby JinkoSolar will provide 100MW of its high-efficiency solar panels for solar fishery plants.

“For years, we have been exploring organic combination of solar energy being integrated with infrastructure. Dual use solar power in fishery is an innovative approach and now a thing. Compared to conventional fishery model, solar powered fishery can bring us more attractive return on investment, in addition to tremendous contribution to local environment, “ said project manager of Jing Bei New Energy. After completion, the project will produce greater than 110GWh/year of electricity. The power generated by the station will be connected to the state grid, yielding lucrative income and creating another source of income through the fishery. “

Another important benefit that the frameless and backless design offers is enhanced reliability for the module. Also, lets the module have further chance for cost reductions. “Solar modules installed for solar fishery should face a range of challenges, especially moisture permeability. So our priority criteria to select qualified module provider relies on whether the module has enhanced reliability and can best resist physical erosion and chemical corrosion for over 25 years. JinkoSolar’s world-leading high-efficiency technology and history of reliable performance will maximize the solar energy delivered to us over the life of the system."

“We are very pleased to be working with Jing Bei New Energy for two solar powered fishery projects with total capacity of 100MW. PV demand from agriculture and fishery presents a huge opportunity for JinkoSolar’s Eagle series module whose market acceptance and preference has rapidly expanded and accounts for largest percent of this installation in China and globally. 100% potential induced degradation (PID) free for mass production ensures more stable energy generation for our customers,” said Kanping Chen, 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 5.0GW for silicon ingots and wafers, 4.0GW for solar cells, and 6.5 GW for solar modules, as of December 31, 2016.

JinkoSolar has over 15,000 employees across its 6 productions facilities in Jiangxi, Zhejiang and Xinjiang Provinces, China, Malaysia, Portugal and South Africa, and 15 overseas subsidiaries across Japan (2),  Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and South Africa. JinkoSolar has 18 global sales offices across China (2), United Kingdom, Bulgaria, Greece, Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.

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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:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3056

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