SHANGRAO, China, Jan. 6, 2022 /PRNewswire/ -- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the
largest and most innovative solar module manufacturers in the
world, is in the process of applying for an initial public offering
("IPO") of the Company's principal operating subsidiary, Jinko
Solar Co., Ltd. ("Jiangxi Jinko"), on the Shanghai Stock Exchange's
Sci-Tech innovation board. Today, Jiangxi Jinko's updated IPO
prospectus and indicative IPO timetable was published by the
Shanghai Stock Exchange on its website.
According to the updated prospectus and indicative timetable,
Jiangxi Jinko plans to issue 2,000,000,000.00 shares
representing approximately 20% of the total 10,000,000,000.00
shares outstanding after the IPO. Jiangxi Jinko will conduct a
roadshow with potential investors between January 7, 2022 and January 11, 2022. The pricing of the IPO is
expected to be confirmed by the Shanghai Stock Exchange on
January 13, 2022. The issuance and
subscription date of the IPO is expected to be on January 17, 2022.
The final IPO share placement and share allocation are expected
to be confirmed on January 20, 2022.
The final IPO results are expected to be announced by the Shanghai
Stock Exchange on January 21,
Mr. Xiande Li, JinkoSolar's
Chairman of the Board of Directors and Chief Executive Officer,
commented, "We are excited that Jiangxi Jinko will soon be listed
on the Shanghai Stock Exchange's Sci-Tech innovation board. We are
looking forward to this milestone, which we believe will enable us
to further accelerate our growth."
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
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 31 GW for mono wafers,
19 GW for solar cells, and 36 GW for solar modules, as of
September 30, 2021.
JinkoSolar has 9 productions facilities globally, 22 overseas
subsidiaries in Japan,
South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United
Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Denmark, and global sales teams in
China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi
Morocco, South Africa, Costa
Panama, Kazakhstan, Malaysia, Myanmar, Sri
Vietnam, Poland and Argentina, as of September 30, 2021.
For more information: 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
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:
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Mr. Rene Vanguestaine
Tel: + 86 178 1749 0483
In the U.S.:
SOURCE JinkoSolar Holding Co., Ltd.