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SHANGHAI, Nov. 22, 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 its chief executive officer Kangping Chen received the Ernst & Young Entrepreneur Of The Year(R) 2010 China Award in the Emerging Entrepreneur category at a gala event in Shanghai on November 19, 2010. ? Mr. Chen, one of 13 winners across nine award categories, was selected by an independent panel of judges for his achievements as an emerging business leader, excelling in a number of assessment areas including entrepreneurial spirit, financial performance, strategic direction, national or global impact, innovation and personal integrity and influence. Mr. Chen commented, "It's a tremendous honor to be recognized as one of the top entrepreneurs in China for 2010. I am especially honored that Ernst & Young has recognized the accomplishments of JinkoSolar in the past year, from our successful listing on the New York Stock Exchange to our rapidly growing business and global presence. We expanded our annual solar module production capacity to 450 MW as of September 30, 2010 from 150 MW as of December 31, 2009 and are on target to achieve annual silicon wafer, solar cell and solar module production capacities of 1 GW each by the end of 2011. We have substantially increased our net income from $10.8 million in the first quarter of 2010 to $38.8 million in the third quarter of 2010 as well as entered into several long-term contracts with today's leading global solar companies. I am proud to be part of such an inspiring company and dedicate this award to our employees and their entrepreneurial spirit." About Ernst & Young's Entrepreneur Of The Year(R) China Awards Program Created in the United States in 1986, the Ernst & Young Entrepreneur Of The Year awards program has grown to more than 135 cities in 50 countries, with awards presented to hundreds of the world's most successful and innovative entrepreneurs. Ernst & Young Entrepreneur Of The Year China honors bold entrepreneurs who achieve success by combining ability and opportunity. The program rewards business people with their ideas, vision and energy to create positive changes in the Chinese economy, such as developing new markets, creating employment and improving the competitiveness in their respective industries. The two country winners (mainland and HK/Macau regions) will go on to represent China at an international awards ceremony next year in Monte Carlo, Monaco, where they will compete for the prestigious title of Ernst & Young World Entrepreneur Of The Year. For more information, please visit www.ey.com/china/eoy.
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 11.5 GW for mono wafers, 10.6 GW for solar cells, and 16 GW for solar modules, as of December 31, 2019.
JinkoSolar has over 15,000 employees across its 7 productions facilities globally, 14 overseas subsidiaries in Japan, 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