JinkoSolar Panels Power Schools in Western China Hit by 2010 Yushu Earthquake
SHANGHAI, Sept. 18, 2012 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company," NYSE: JKS), a leading global solar power product manufacturer, today announced that it has donated 15kW of solar panels to three local elementary schools located in Chengduo County, Yushu Tibetan Autonomous Prefecture, Qinghai Province. Upon completion in mid-October, the solar PV system will provide enough power to meet the schools' basic electricity needs.
In addition, hundreds of books, clothing, computers and other necessary supplies donated by Jinko employees have already been delivered to the schools in time for the start of the school year.
With an elevation above 4000 meters, the prefecture does not have complete access to the national grid and therefore suffers chronic power outages. Following the 2010 earthquake that hit the region, the application of solar power is a quick and dependable solution to improve the population's quality of life. In order to accelerate the installation, engineers from JinkoSolar visited the schools several times to ensure that the most optimal system is installed.
"To further aid in the reconstruction of Yushu Prefecture, JinkoSolar has donated solar panels that will help alleviate the energy difficulties the local population encounters on a daily basis," commented Mr. Kangping Chen, JinkoSolar's Chief Executive Officer. "As one of the world's leading solar product manufacturers, and in pursuit of the excellence that JinkoSolar is known globally for, we have never forgotten to give back to the community. These panels will greatly improve the learning environment for Yushu's children who are the future of the area's development."
JinkoSolar Holding Co., Ltd. (NYSE: JKS) is a leading solar power product manufacturer with production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai, China; Munich, Germany; Bologna, Italy; Montpellier, France; Zug, Switzerland; San Francisco, U.S.; Queensland, Australia; Ontario, Canada and Singapore.
JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2 GW each for silicon wafers, solar cells and solar modules as of June 30, 2012. JinkoSolar distributes its photovoltaic products to a diversified customer base in the global PV market, including in Germany, Italy, Belgium, Spain, the United States, France, Eastern Europe, China and other countries and regions.
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This news release may contain 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 "anticipates," "believes," "estimates," "expects," "future," "intends," "plans," "will," and similar statements. Such statements involve inherent 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 public filings with the Securities and Exchange Commission, including its annual report on Form 20-F for the year ended December 31, 2011 filed with the Securities and Exchange Commission on April 18, 2012, as amended on April 19, 2012. All information provided in this news release is as of September 18, 2012. Except as required by law, JinkoSolar undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE JinkoSolar Holding Co., Ltd.