SHANGHAI, July 13, 2016 /PRNewswire/ -- JinkoSolar Holding Co.,
Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced that
JinkoSolar Japan K.K. ("JinkoSolar Japan"), a subsidiary of the Company, has signed a one-year JPY2
billion syndicated loan agreement with a bank consortium led by Sumitomo Mitsui Banking Corporation ("SMBC") and includes
Mizuho Bank, Ltd., the Tokyo Branch of the Industrial and
Commercial Bank of China (ICBC) and NEC Capital Solutions Limited. The financing will be used to
supplement JinkoSolar Japan's working capital.
"We are delighted to secure financing from a local bank consortium in Japan that will allow
us to pursue opportunities in Japanese market," commented Mr. Charlie Cao, JinkoSolar's Chief
Financial Officer. "It also demonstrates the trust and recognition that first-tier Japanese commercial banks have in our brand
and operations in Japan. We look forward to further deepening our relationship with SMBC and
other local banks as we expand our business there."
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:
In China:
Mr. Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21-6061-1792
Email: ir@jinkosolar.com
Mr. Christian Arnell
Christensen, Beijing
Tel: +86 10 5826 4939
Email: carnell@christensenir.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com