SHANGRAO, China, June 27,
2024 /PRNewswire/ -- JinkoSolar Holding Co.,
Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, today announced that as of the date of this press release,
the Company has repurchased a total of 4,503,178 ADSs in an
aggregate amount of approximately US$110.7
million in the open market under its share repurchase
program announced in July 2022 and
the extended share repurchase program announced in December 2023.
On December 20, 2023, the Company
extended its share repurchase program announced on July 6, 2022 for an additional 18-month period
through June 30, 2025. As of the date
of this press release, approximately US$89.3
million of the Company's ordinary shares represented by the
ADSs under the extended share repurchase program had not been
utilized.
The Company may continue to repurchase its ADSs through
open-market transactions, privately negotiated transactions or
block trades, and/or other legally permissible means, depending on
market conditions and in accordance with the applicable rules and
regulations. The timing and conditions of the share repurchases
will be subject to various factors including the requirements under
Rule 10b-18 and Rule 10b5-1 of the
Securities Exchange Act of 1934, as well as the Company's insider
trading policy.
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
utility-scale, commercial and residential customers in China, the United
States, Japan, Germany, the United
Kingdom, Chile,
South Africa, India, Mexico, Brazil, the United
Arab Emirates, Italy,
Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions.
JinkoSolar had 14 productions facilities globally, 26 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the
United States, Mexico,
Brazil, Chile, Australia, Canada, Malaysia, the United
Arab Emirates, Denmark,
Indonesia, Nigeria and Saudi
Arabia, and a global sales network with sales teams in
China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan,
the United Arab Emirates,
Netherlands, Vietnam and India, as of March 31,
2024.
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 the
Company'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. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rene.vanguestaine@christensencomms.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale,
Arizona
Tel: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com
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SOURCE JinkoSolar Holding Co., Ltd.