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JinkoSolar Introduces Quantum Series Modules Vertically integrated production yields 18.3% multi-crystalline cell efficiency SHANGHAI, July 11, 2011 - JinkoSolar Holding Co., Ltd. (“the company") (NYSE: JKS), a fast-growing, vertically integrated solar power product manufacturer in China, today announced the company has reached commercial-scale production on its Q-1 Solar Modules, part of the Quantum Series. Q-1 Solar Modules are produced using pseudo-mono multi-crystalline cells, which combine the benefits of mono- and multi-crystalline cells to better align the crystalline structure and achieve a higher efficient product, all while maintaining low production costs. The cells deployed currently perform at an 18.3% efficiency level. JinkoSolar’s vertically integrated manufacturing process enables the company to have complete process control, from silicon ingots and wafers, to solar cells and modules. Additionally, the company employs a host of thorough quality control practices to ensure the premium performance and lasting efficiency of its cells and modules. Each JinkoSolar module can be traced back to the ingot level with unique barcodes, allowing the company to monitor and record output data over an array’s lifetime. “We launched our new research and development center to focus on improving the conversion efficiency of our solar cells and next generation photovoltaic technologies. The superb balance of cost and quality we’ve achieved with our Q-1 solar modules is a testament to JinkoSolar’s R&D capabilities,” said Xiande Li, Chairman of JinkoSolar. “We are dedicated to leading the industry in providing more affordable photovoltaic solutions without making concessions on performance, and we anticipate further gains in global market traction as we consistently exceed customers’ expectations.” JinkoSolar’s full product portfolio will be on display at Intersolar North America, July 12-14 in San Francisco. Visit JinkoSolar at booth #9523.
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 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 17.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of March 31, 2020.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan(2), South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile and Australia, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina.
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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:
Ms. Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: pr@lwggcj.com
