JinkoSolar Chairman to Purchase 200,000 ADSs ‎

PVTIME – inkoSolar Holding Co., Ltd. (the “Company,” or “JinkoSolar”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Mr. Xiande Li, Chairman of JinkoSolar’s Board of Directors, has informed the Company of his intention to use personal funds to purchase 200,000 American depositary shares (“ADSs”) of JinkoSolar by March 31, 2020. The proposed ADSs purchase may be effected on the open market at prevailing market prices and/or in negotiated transactions off the market from time to time, subject to market conditions and in accordance with applicable requirements under the U.S. Securities Exchange Act of 1934, as amended, as well as JinkoSolar’s insider trading policy.‎

“I believe that this share repurchase demonstrates my confidence in our growth strategy and long-term prospects,” said Mr. Li, “We remain focused on driving growth in this new era of grid parity and generating long-term sustainable value for our shareholders.”