The company reserves the final right for explanation on any of the information presented hereby.
2006 JinkoSolar Co.,Ltd. was Established
2007 Launches Ingot Manufacturing
2008 Launches Wafer Manufacturing
2009 Operates the 1st fully automated PV moduleNPC production line in China
2010 Successful IPO and listed on the NYSE. ShortestPV manufacturer from production to IPO
2011 The Only Profitable PV Manufacturer Worldwide
2012 World’s 1st Company to Pass PID Free Test Under 85℃/85% RH
20132014
1st PV Company to Restore Profitability in Q2
2015 201620172018
World’s 1st 1000-hour PID Free Test Under 85℃/85% RH
Opens Factory in Malaysia
Amazing Decade
1 2
Becomes World’s Largest Solar Module Manufacturer
#1 in Global Module Shipment Third Year in a Row
1st “All Quality Matters” Energy Yield Simulation Winner – Mono Group
2017 Top Solar Brand Used in Debt-Financed Projects and Most "Bankable" PV Manufacturer by Bloomberg New Energy Finance
Vision:
Revolutionize Our Energy Mix & Take Responsibilityto Ensure A Sustainable Future.
Mission: Provide a Comprehensive, One Stop Clean EnergySolution & Become and Industry Benchmark.
43
About USJinkoSolar (NYSE: JKS) is one of the world's l a r g e s t a n d f o r e m o s t s o l a r m o d u l e manufacturers. 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 Kingdom, Chile, 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 9.7 GW for silicon wafers, 7.0 GW for solar cells, and 10.8 GW for solar modules, as of December 31, 2018.
JinkoSolar has over 12,000 employees across its 6 productions facilities globally, 15 oversea subsidiaries in Japan, Korea, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia and United Arab Emirates, and global sales teams in United Kingdom, France, Netherlands, Spain, Bulgaria, Greece, Romania, Ukraine, Jordan, Saudi Arabia, Tunisia, Egypt, Morocco, Nigeria, Kenya, South Africa, Costa Rica, Colombia, Panama and Argentina.
JinkoSolar’s stable long-term profitability reflects the financial strength of the company. Our growth reflects the premium standing of the JinkoSolar b rand. Accord ing to ou r re spons ib le and value-or ientated management approach, qualitative growth is a priority strategic goal. We str ive to achieve the goal through effective s t ructures , e f f ic ient processes , sys temat ic management of investments, and continuous optimization of costs. As such, JinkoSolar is one of the industry’s most profitable manufacturers.
Financial Resiliency
With a total of 11.4 GW of modules delivered in 2018, JinkoSolar’s shipment grew by 16.3%. By consistently pursuing our product initiatives and gaining market share in various sales regions, we have delivered over 40 GW of modules since 2006.
Continuous GrowthA strong brand and positive corporate image are critical success factors for a premium solar company. It’ s also vitally important to have a customer mix that reflects the company’s brand. As such, we continue to str ive to strengthen our corporate image and customer mix. At the same time, we’ re committed to ensuring product quality and innovative research and development so that we may provide our customers with the most comprehensive and high efficiency product mix.
Brand Image & Customer Mix
Our ambition is to lead the way in PV innovations and provide technologies that match the needs of our customer. JinkoSolar’s collection of patents and awards reflects the company’s success as an industry innovator.
Leader In Innovation
5 6
Shipments
6656
4500
2944
19331188
950480
9807
11400
2016 2017 20182015201420132012201120100
2000
4000
6000
8000
10000
12000
2010-2018 CAGR: 36.42%
AN OVERVIEW OF JINKOSOLARGLOBAL IMPACT AT A GLANCE
OUR PRODUCTION/LOGISTIC NETWORK OUR SALES & SERVICE NETWORK WE DELIVERED
6 PRODUCTION PLANTSIN 3 COUNTRIES21 WAREHOUSESIN 9 COUNTRIES
35 SALES & SERVICE OFFICESAND APPROXIMATELY 2,000CUSTOMERS IN MORE THAN100+ COUNTRIES
ACCUMULATEDAPPROXIMATELY40GW AS OF 31.12.2018
Bloomberg New Energy Finance
GLOBAL MARKET SHARE 2018
12.8%10.4% 12.8% 2017
2018
INCOME FROM OPERATIONS 2018
98.2%
PRODUCTS DELIVERED IN 2018
11.4GW9.81GW 11.4GW 2017 2018
Sales & Service OfficesManufacturing Sites
7
NUMBER OF EMPLOYEES IN 2018
12,0001,2000 1,20002017
2018
GLOBAL RANK IN SHIPMENT 2018
11 1
2017
2018
2018 TOP SOLAR BRAND USEDIN DEBT-FINANCED PROJECTSAND MOST "BANKABLE"PV MANUFACTURER
JinkoSolar operates one of the industry’s largest R&D centers and UL certified module testing facilities with over 400+ scientists and solar experts. JinkoSolar integrates advanced crystalline silicon solar PV technologies to optimize our modules, resulting in more efficient, reliable, durable and cost effective PV energy solutions.
Over the past years, JinkoSolar has established product standards that set benchmarks for the industry to follow.
Technology
Create New “…st” and “…est”
Having started our business from the upper stream of the solar value chain, JinkoSolar has accumulated unparalleled know-how in the development and production of wafer and cells. We understand the underlying “engine” that drive high performing photovoltaic systems. JinkoSolar is committed to expanding the boundaries of our photovoltaic knowledge through R&D and actively catalyzing the commercialization of cutting-edge solar technology. Our introduction of various solar technologies in the past financial year is evidence of our dedication to innoration.
Bringing Upstream Innovation to Commercialization
JinkoSolar has an optimized total quality control system that begins at R&D. Before any new technology are utilized in mass production, the technology must go through a vigorous evaluation process. Advanced failure analysis and new materials qualification procedures are further effectively integrated in our new technology and product development processes.
Quality Control Starting at Research & Development
373.8W 60-cell P Type Mono Module Output World Record
378.6W 60-cell N Type Mono Module Output World Record
23.95% P Type Mono Cell Efficiency World Record
24.20% N Type Mono Cell Efficiency World Record
22.12% N Type Poly Cell Efficiency World Record
1st “All Quality Matters” Energy Yield Simulation Winner (Monocrystalline Group)
JinkoSolar is an industry leader in module eff iciency, yield, performance and reliability.
9 10
Manufacturing Excellence
JinkoSolar combines statistics-based contro l s , advanced equipment monitoring system, and comprehensive p roces s cont ro l s to deve lop a manufacturing big data system.
The collection of large amounts of manufacturing data and utilization of b i g d a t a a n a l y s i s e n h a n c e s JinkoSolar’ s equipment, process, and
Precision Manufacturing
JinkoSolar manufacturing systems are t a i l o r e d t o t h e c o m p a n y ’ s comprehensive and complex product mix. JinkoSolar manufacturing systems are equipped with sophist icated s c h e d u l i n g a n d d i s p a t c h i n g capabi l i t ies, automated mater ial handling functionality, automated manufacturing systems, and smart devices utilization. Through continued
improvement and simplif ication of manufacturing processes, JinkoSolar is a b l e t o s h o r t e n l e a d t i m e s a n d optimize production planning. With real time system monitoring, analysis, and diagnosis of manufacturing equipment, JinkoSolar can limited the amount of production interference, enabling lower costs.
quality optimization abil it ies. The data-driven intelligent manufacturing system assures equipment efficiency and stability. The system also evaluates other production-related parameters to identify crit ical variables that influence product quality and yield.
Accurate model ing and control mechanisms at each stage of
ManufacturingJinkoSolar operates 6 manufacturing facilities worldwide with cutting edge cell and module technology. JinkoSolar’s integrated manufacturing management system not only ensures a high level of product quality and reliability, but also enables greater f lexibi l i ty to meet demand fluctuations, accelerated growth on the experience curve, and shortened lead time in new technology commercial i zat ion. I t i s wi th such advanced manufacturing capability that JinkoSolar can rapidly build capacity when needed to fulfill customer needs.
production further drives JinkoSolar module loop control system. Using computer integrated manufacturing and dispatching systems, JinkoSolar enables optimization from equipment to production, achieving precision and lean manufacturing.
12
Automate Production
High Level of Automation
Ut i l i za t ioon o f d i g i ta l andautomateed production processeliminatees need for manual labor andd processes.
Optimized Processes
eEffective ess e production processe ptiveand ong g optimization.going op
Intelligent production
igent systems can analyzeIntellige zeata, ident i fy pr e v i o u s l ydata
undetected errors, and revealunareas for further improvement.
State-of-the-Art Equipment
Integration of latest upstream t e c h n o l o g y a n d state-of-the-art manufacturing equipment.
Qualified Staff
Well-trained aained and experiencedproproduct ion s taf f ensur ing product quality at every stage.
JinkoSolar’s philosophy is that “Quality is the Most Important Competitive Advantage” . As such, JinkoSolar has realized a total quality management system throughout its R&D, production, and customer service processes to make product reliability and quality customer service our key advantage.
Manufacturing excellence requires a data-driven and robust quality control system to realize comprehensive statistical and predictive analysis. J inkoSolar has developed a sophisticated IT-based manufacturing execution system (MES) with statistical process control (SPC) functionalities. Combin ing the data f rom our MES wi th our qual i ty improvement system (QIS), J inkoSolar can el iminate information silos and create a virtual panoramic view of our production capabilities. Utilizing our SPC functionalities with real time management and alert capabilities, we can eliminate disruptions in production.
Quality
Total Quality Information TechnologyManagement System
To enhance JinkoSolar’ s incident resolution and production quality capabilities, JinkoSolar’ s quality control spans across mate r ia l s hand l ing , ce l l p roduct ion , and modu le manufacturing. Thus, once an issue is detected, it can be immediately resolved. Analysis of product defects, material, conductivity, and material chemistry deviations are critical to JinkoSolar’ s quality control infrastructure. As such, JinkoSolar has invested in a world class UL certified testing lab with the latest testing and analysis equipment.
Advanced UL-Certified Laboratories
JinkoSolar conducts periodic deep dive due diligence on our materials and materials suppliers to ensure that JinkoSolar is receiving the latest and highest quality products. JinkoSolar, util izing innovative statistical model ing techniques , was fu r ther en large the manufacturing window while improving product quality. The scope of the techniques used includes raw material, facility management, equipment monitoring, visual inspections, conductivity analysis, and reliability tests.
Supply Chain Quality Control
Quality Certification
Product Traceability Management
The goal of JinkoSolar’s quality control infrastructure is toachieve the zero-product defects. As such, JinkoSolar strives to not just met industry certification standards, but go far above that. Our quality controls efforts are reflected in the high customer satisfaction rate.
The data of all materials used and products delivered are stored at JinkoSolar and are archived for a period of 10 years. The utilization of product barcodes ensure traceability should product issues arise.
16
Testing
922 0 90 1 9BUILDDING00 11 YOUR USTUR TRU
IN SOLALAR
Comprehensive Quality Control
JinkoSolar’ ee ure s qual i ty inf rastructure in. Alll chain. Aspreads across the entire value chai
onstanttto conssub-s teps sub jected to cmonitoring.
01
03
02
04 05
Intensive Quality Tests
modules must past ells and mAll cet of 48 different ugh a l ist othrou
that the visual, to ensure thtests tal, physical, al, electricaloptica
operties of mechanical propand m f koSolar’oducts meet Jinkothe pro Soolar’ ss
aachingg andards before rehigh sta rerereachreachmers custom
Certified Quality Processes
ssesi ty procesCert i f ied qual iualityg edge qucombining cuttingal i tyment, quacontrol equipmecess,ion proccontrol certificatiand dards, d iagnost ic s tand
professional staff.
Digitalization of Quality Control
All quality control relateteAll ed data collected, connenecteare c ed, and
d in JinkoSololar intrastoredd anet to analysissis and traceabenablee ana bility.
Intelligent Quality Monitoring
C o m p u t e r - b a s e d q u a l i t y C o mcontro l c lose ly moni tor a l lequipment and processes fordeviational from programmed de
ameters.paramete
17 18
Customer ServiceJinkoSolar believes that quality service is essential to raising customer satisfaction and loyalty, helping us retain existing partners and gain new customers. With dedicated and professional customer service teams in pre-sales, post-sales, technical services, and warranty claims, JinkoSolar is committed to providing top-notch service to our customers.
As the world’ s largest solar module manufacturer, we remain committed to expanding our global worldwide production, logistics, sales, and service network as to serve customers in every corner of the world. Throughout our 31 global locations, JinkoSolar has built expert teams with solar industry veterans to provide knowledgeable and responsive customer service in the local language and time zone.
Global Network, Local Support
JinkoSolar greatly values the opinions and feedback from our customers. As such, JinkoSolar conducts random and periodic customer satisfaction to ensure that the needs of our customers are understood, address, and even anticipated. Customers can participate in the survey through an online portal or one-on-one interviews. Furthermore, JinkoSolar’ s Customer Claim Management (CCM) system provides timely resolution of all customer claims and product issues.
Customer Satisfaction Survey and Claim Management
19 20
The world’s largest PV plant, Abu Dhabi, UAE1177 MW April 2019Ground-mounted
21 22
23 24
Jining Shandong, China100 MW May 2018Floating PV Plant
Aura Solar III, La Paz BCS, Mexico32 MW August 2018Ground-mounted
25 26
Lancaster, CA, U.S.A.106 MW August 2017Ground-mounted
