SHANGHAI, Aug. 26, 2016 /PRNewswire-FirstCall/ -- JinkoSolar
Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the photovoltaic (PV) industry, today announced
that JinkoSolar Technology SDN BHD ("JinkoSolar Malaysia"), a subsidiary of the Company, has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad ("Maybank"). This financing will be used
to support JinkoSolar Malaysia's trade finance and working capital.
"As the largest commercial bank in Malaysia, their tradeline will not only provide our
Malaysian production facility with added financial flexibility, but also it will help our business expansion there," commented
Mr. Charlie Cao, JinkoSolar's Chief Financial Officer. "Leveraging our capacity in Malaysia, we are committed to serve our local and global customers, and look forward to developing a deeper
relationship with Maybank going forward."
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, 3.5 GW for solar cells, and 6.5 GW for solar modules, as of June 30,
2016. JinkoSolar also sells electricity in China, and had connected approximately 1,130 MW of solar power projects to the grid, as of March 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, 16 oversea subsidiaries in
Japan (2), Singapore, India,
Turkey, Germany, Italy,
Switzerland, Spain, United
States, Canada, Mexico, Brazil, Chile, Australia and South Africa. 18 global sales offices in China (2) ,United Kingdom, Bulgaria, Greece,
Romania, United Arab Emirates, Jordan, Saudi Arabia, Kuwait, Egypt, Morocco, Ghana, Kenya, Costa Rica, Colombia, Brazil and Mexico.
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 21-5183-3056
Email: ir@jinkosolar.com
Mr. Christian Arnell
Christensen, Beijing
Tel: +86 10 5900 2940
Email: carnell@christensenir.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jinkosolar-signs-usd25-million-tradeline-with-maybank-300318723.html
SOURCE JinkoSolar Holding Co., Ltd.