JinkoSolar Ranked Among Fortune China 500 Companies for Fifth Consecutive Year Ranked First Among Solar Module Manufacturers
The 2019 Fortune China 500 list is an annual ranking measured by revenue of the top 500 Chinese companies listed on both domestic and overseas markets compiled by Fortune China. After more than a decade of robust global expansion,
The Company kicked off the year with a strong start as module shipments increased 50.7% year-over-year to 3,037 MW during the first quarter of 2019. Gross margin was 16.6%, up from 14.4% year-over-year due to a higher proportion of sales generated by high efficiency mono products and further reductions in production costs. With the continuous diversification of its global distribution network and overseas expansion in key markets,
"The increasing demand from our global clients is driving growth and demonstrates the increasing recognition our high efficiency mono-crystalline products are generating in the market," commented Mr.
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 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.
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