JinkoSolar Signs US$1 Billion Strategic Cooperation Agreement with China Development Bank

   JinkoSolar Signs US$1 Billion Strategic Cooperation Agreement with China
                               Development Bank

PR Newswire

SHANGHAI and ZUG, Switzerland, Dec. 7, 2012

SHANGHAI and ZUG, Switzerland, Dec. 7, 2012 /PRNewswire/-- JinkoSolar Holding
Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar
power product manufacturer, today announced that JinkoSolar (Switzerland) AG,
its Swiss subsidiary, has entered into a strategic cooperation agreement
("Strategic Cooperation Agreement") with the Guangdong Branch of China
Development Bank ("CDB"), pursuant to which CDB intends to provide financing
cooperation to JinkoSolar (Switzerland) AG of an aggregate amount up to US$ 1
billion over a five-year period. The final conditions, terms and amount of the
financing under the Strategic Cooperation Agreement is subject to the parties'
further approval and will be set out in separate agreements.

JinkoSolar (Switzerland) AG will act as the platform to further expand the
Company's presence overseas as the Company intends to use the financing to
develop its overseas expansion, merger, acquisition, and downstream business,
including project development and EPC for Photovoltaic ("PV") solar power
plants. Pursuant to the Strategic Cooperation Agreement, the two parties will
establish a high-level joint meeting mechanism to evaluate the progress of
major development projects.

The Strategic Cooperation Agreement was signed in the presence of Mr. Shouguo
Chang, Deputy President of CDB Guangdong Branch, and Mr. Xiande Li, Chairman
of JinkoSolar, in Zug, Switzerland on December 7th, local time.

"As China's largest foreign investment and financing bank, China Development
Bank has been implementing national development strategy and providing strong
support to strategic plans and social development of the nation," stated Mr.
Shouguo Chang, Deputy President of CBD Guangdong Branch. "We are pleased to be
able to cooperate with JinkoSolar with this financing cooperation as it will
provide JinkoSolar with the flexibility it needs to develop and finance
overseas PV projects, which we believe will provide steady returns to
investors. The signing of this Strategic Cooperation Agreement marks the
beginning of what we hope will be a fruitful relationship between JinkoSolar
and CDB over the next five years."

"As a leading solar power product manufacturer, we are delighted at the
opportunity to cooperate on a strategic level with CDB," commented Mr. Xiande
Li, Chairman of JinkoSolar. "The agreement with CDB will provide numerous
advantages to us, including a long-term, stable source of capital and a
complete set of financial servicesand it will have a far-reaching impact as it
demonstrates the confidence with which a leading PV enterprise and strong and
respectable financial institution set upon changing the global renewable
energy market. We have the confidence to become a premium client of CDB and we
will surely make good use of this platform to create a steady stream of
high-quality PV projects and excellent return on investment not only in
Europe, but in global markets."

About JinkoSolar

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 and Beijing 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 ingots and
wafers, solar cells and solar modules as of September 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, South Africa, Japan, China, India and other
countries and regions.

Safe Harbor Statement

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 December 7, 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.

For investor and media inquiries, please contact:

In China:

Sebastian Liu
JinkoSolar Holding Co., Ltd.
Tel: +86 21 6061 1792
Email: ir@jinkosolar.com

Christian Arnell
Christensen
Tel: +86 10 5826 4939
Email: carnell@christensenIR.com

In the U.S.:

Jeff Bloker
Christensen
Tel: +1 480 614 3003
Email: jbloker@christensenIR.com

SOURCE JinkoSolar Holding Co., Ltd.

Website: http://www.jinkosolar.com
 
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