JinkoSolar Announces 130 MW Solar Module Supply Agreement with a Leading Global PV Company
SHANGHAI, Oct 12, 2010 /PRNewswire via COMTEX/ --
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a fast-growing solar product manufacturer with low-cost operations based in China, announced today that it has signed a 130 megawatt ("MW") solar photovoltaic module supply agreement with a leading global PV company.
Under the terms of the agreement, JinkoSolar will supply to the customer a total quantity of 130 MW of solar modules beginning in 2011 and continuing throughout the year. The agreement, which will be in effect through 2011, is an extension of a current contract with the customer that is scheduled to be fully performed in 2010.
Mr. Xiande Li, Chairman of the Board of Directors at JinkoSolar, commented, "The current contract extension deepens our strong relationship and demonstrates the customer's recognition of JinkoSolar's module quality, continuous technological enhancements and best-in-class after-sales services. We look forward to continuing to work with this marquee customer as well as expanding JinkoSolar's brand recognition as a leading provider of solar modules."
About JinkoSolar Holding Co., Ltd.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a fast-growing solar product manufacturer with low-cost operations based in Jiangxi Province and Zhejiang Province in China. JinkoSolar has built a vertically integrated solar product value chain from recovered silicon materials to solar modules. JinkoSolar's principal products are silicon wafers, solar cells and solar modules. As of December 31, 2009, JinkoSolar had an aggregate of more than 440 silicon wafer, solar cell and solar module customers from China, Hong Kong, Taiwan, the Netherlands, Germany, the United States, India, Belgium, Singapore, Korea, France, Spain and Israel and other countries or regions. For more information about JinkoSolar, please visit http://www.jinkosolar.com .
Forward Looking Statements
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 involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company's public filings with the Securities and Exchange Commission, including the Company's registration statement on Form F-1, as amended. All information provided in this press release is as of October 12, 2010. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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