JinkoSolar: JinkoSolar's announcement on the accumulation of new borrowings
DATE:  Oct 14 2024

Stock code: 688223 Stock abbreviation: JinkoSolar Announcement No.: 2024-064

Bond code: 118034 Bond abbreviation: Jingneng convertible bond

JinkoSolar Corporation

Announcement on the accumulation of new borrowings

The board of directors and all directors of the company guarantee that the content of this announcement does not contain any false records and misleading statements

or material omissions, and bear legal responsibility for the authenticity, accuracy and completeness of its content in accordance with law.

According to the Self-Regulatory Guidelines for Listed Companies on the Shanghai Stock Exchange No. 12 - Convertible Corporate Bonds

Bonds" and other relevant regulations, JinkoSolar Co., Ltd. (hereinafter referred to as the "Company") in 2024

The cumulative new borrowings from January to September are announced as follows:

1. Summary of main financial data

As of the end of 2023, the company's audited net assets attributable to shareholders of the listed company were 3,436,018.79

10,000 yuan, the company's cumulative new borrowings from January to September 2024 are 9932.1929 million yuan, accounting for the end of 2023

28.91% of the net assets attributable to shareholders of the listed company.

2. Types of new loans

The breakdown of the company's cumulative new borrowings from January to September 2024 is as follows:

Unit: 10,000 yuan

Category Amount of new borrowings New borrowings accounted for the listing at the end of 2023

Ratio of net assets of shareholders of the company (%)

Bank borrowings 927,267.99 26.99

Balance of non-bank borrowings (including entrusted loans

loans, financial leases, trusts, microloans 65,951.30 1.92

loans, other loans, etc.)

Total 993,219.29 28.91

3. Analysis of the impact of new borrowings on debt repayment ability during the year

The above-mentioned new borrowings of the Company are necessary to ensure the production and operation of the Company and its holding subsidiaries

The former business situation is in line with the company's overall production and operation plan, which is conducive to promoting the continuous stability of the company's existing business

fixed development. As of the disclosure date of this announcement, the company's operating conditions are stable, the business operations are normal, and all debts are currently repaid on time, and the above-mentioned new borrowings will not have a material adverse impact on the company's solvency.

4. Other notes

The data of new borrowings from January to September 2024 is calculated on a consolidated basis and is unaudited

Be aware of investment risks.

The announcement is hereby made.

JinkoSolar Corporation

board of directors

October 14, 2024

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