SHANGRAO, China, June 21, 2021 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (the “Company” or “JinkoSolar”) (NYSE: JKS), one of the world’s largest and most innovative solar module manufacturers, today announced its holding subsidiary, Shangrao JinkoSolar Industry Development Co., ltd. plans to invest 315 million RMB of monetary capital to increase the capital and shares of Inner Mongolia Xinte Silicon Materials Co., Ltd. (“Inner Mongolia Xinte”), a wholly owned subsidiary of Xinte Energy Co., Ltd. (“Xinte Energy”) (HKEX: 1799). The investment will be used for the construction of a high-purity polysilicon production line with an annual capacity of 100,000 tons. After completion of the capital increase, the Company will hold a 9.00% stake in Inner Mongolia Xinte.

Mr. Kangping ChenCEO of JinkoSolar Co., Ltd., said, “Xinte Energy is a leader in polysilicon technology and industrialized operations. We are very pleased to extend this close partnership with them and remain fully confident in the accelerated growth of the photovoltaic industry over the next few years. We believe this investment is not only a solid growth strategy, but will help stabilize silicon supply and reduce supply chain volatility. By cooperating with specialized upstream manufacturers, we will continue to enhance the advantages of our integrated capability and solidify the foundation for mass production of high-efficiency modules year on year. green energy.”

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diverse international utility, commercial and residential customer base in China, United States, Japan, Germanythe UK, Chile, South Africa, India, Mexico, Brazilthe United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an annual integrated capacity of 22 GW for monowafers, 11 GW for solar cells and 31 GW for solar modules, from December 31, 2020.

JinkoSolar has 9 production sites worldwide, 23 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, MalaysiaWATER, Kenya, Denmarkand global sales teams in China, UK, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Burma, Sri Lanka, Thailand, Vietnam, Poland and Argentinafrom December 31, 2020.

For more information, visit: 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. 1995. These forward-looking statements can be identified by words such as “will”, “expect”, “anticipate”, “future”, “intend”, “plan”, “believe”, ” esteem” and similar statements. other things, management’s quotes in this press release and the company’s business operations and outlook contain forward-looking statements. These statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. . Information regarding these and other risks is included in JinkoSolar’s filings with the United States Securities and Exchange Commission, including its Annual Report on Form 20-F. Except as required by law, the Company does not undertake to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:
M/s. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 extension 7806
E-mail: [email protected]

SOURCE JinkoSolar Holding Co., Ltd.

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