Stock code: 688223 Stock abbreviation: JinkoSolar Announcement No.: 2024-080

Bond code: 118034 Bond abbreviation: Jingneng convertible bond

JinkoSolar Corporation

Announcement on the progress of the provision of guarantees

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Name of Guarantor: JinkoSolar Co., Ltd. (hereinafter referred to as the "Company") consolidated financial statements

There are no related parties of the company among the subsidiaries.

The amount of this guarantee: The total amount of guarantee in this announcement of the company is RMB 7.249 billion. cut

As of the disclosure date of this announcement, the total amount of guarantees provided by the company to its holding subsidiaries was 52.807 billion yuan.

Whether there is a counter-guarantee for the guarantee in this announcement: none.

The guarantee of this announcement has been reviewed and approved by the general meeting of shareholders of the company.

1. Overview of the guarantee

In order to meet the needs of the operation and development of the Company and its subsidiaries, the Company provides joint and several liability guarantee for the subsidiaries to apply for financing from financial institutions, and the total guarantee amount of this announcement is RMB 7.249 billion, as follows:

1. JinkoSolar (Chuxiong) Co., Ltd. (hereinafter referred to as "Chuxiong Jinko") applies to China Everbright Bank Co., Ltd. Kunming Branch for a comprehensive credit line of no more than RMB 100 million, and the Company provides joint and several liability guarantee for the above open credit line with a credit period of no more than one year and a guarantee amount of RMB 100 million, subject to the signed guarantee agreement.

2. Chuxiong Jinko applied to Bank of China Co., Ltd. Kunming Dongfeng Sub-branch for a comprehensive credit line of no more than RMB 79 million, and the company provided joint and several liability guarantee for the above exposure credit line, with a credit term of no more than one year and a guarantee amount of RMB 79 million, subject to the signed guarantee agreement.

3. Qinghai JinkoSolar Co., Ltd. (hereinafter referred to as "Qinghai Jinko") applied to Industrial Bank Co., Ltd. Xining Branch for an additional credit line with an exposure limit of no more than RMB 1 billion (excluding existing grants).

credit business), the company provides joint and several liability guarantee for the above-mentioned open credit line, with a guarantee period of 4 years and a guarantee amount of RMB 1 billion, subject to the signed guarantee agreement.

4. Anhui JinkoSolar Co., Ltd. (hereinafter referred to as "Anhui Jinko") applies to China Everbright Bank Co., Ltd. Hefei Branch for a comprehensive credit line of no more than RMB 500 million and a credit term of no more than 2 years, and the company provides joint and several liability guarantee for the above exposure credit line, with a guarantee amount of RMB 500 million, subject to the signed guarantee agreement.

5. Anhui Jinko applied to Cinda Financial Leasing Co., Ltd. for financial leasing and leaseback business, and the financing amount did not exceed RMB 500 million, and the company provided joint and several liability guarantee for the above-mentioned financial leasing amount, and the principal of the guaranteed debt was RMB 500 million, and the guarantee amount was subject to the signed guarantee agreement.

6. Anhui Jinko applied to Hefei Branch of Bohai Bank Co., Ltd. for a comprehensive credit line with an exposure limit of no more than RMB 300 million and a credit term of no more than 2 years, and the company provided joint and several liability guarantee for the above exposure credit line, with a guarantee amount of RMB 300 million, subject to the signed guarantee agreement.

7. JinkoSolar (Feidong) Co., Ltd. (hereinafter referred to as "Feidong Jinko") applied to Hefei Branch of Bohai Bank Co., Ltd. for a new comprehensive credit line of no more than RMB 300 million and a credit term of no more than 2 years, and the Company provided joint and several liability guarantee for the above open credit line, with a guarantee amount of RMB 300 million, subject to the signed guarantee agreement.

8. Zhejiang JinkoSolar Co., Ltd. (hereinafter referred to as "Zhejiang Jinko") applies to China Construction Bank Corporation Haining Sub-branch for a comprehensive credit line with an exposure limit of no more than RMB 470 million and a credit term of no more than one year, and the company provides joint and several liability guarantee for the above credit line, and the guarantee amount does not exceed RMB 470 million, subject to the signed guarantee agreement.

9. Zhejiang Jinko applied to Ping An Bank Co., Ltd. Hangzhou Branch for a comprehensive credit line of no more than RMB 100 million, and the credit term did not exceed one year, and the company provided joint and several liability guarantee for the above credit line, and the guarantee amount did not exceed RMB 100 million, subject to the signed guarantee agreement.

10. Zhejiang Jinko applied to China Merchants Bank Co., Ltd. Jiaxing Branch for a comprehensive credit line with an exposure limit of no more than RMB 100 million and a credit term of no more than one year, and the company provided joint and several liability guarantee for the above credit line, with the guarantee amount not exceeding RMB 100 million, subject to the signed guarantee agreement.

11. JinkoSolar (Haining) Co., Ltd. (hereinafter referred to as "Haining Jinko") applies to China Construction Bank Corporation Haining Sub-branch for a comprehensive credit line with an exposure limit of no more than RMB 700 million and a credit term of no more than one year, and the Company provides joint and several liability guarantee for the above credit line, and the guarantee amount shall not exceed RMB 700 million, subject to the signed guarantee agreement.

12. Haining Jinko applies to China Merchants Bank Co., Ltd. Jiaxing Branch for a comprehensive credit line with an exposure limit of no more than RMB 300 million and a credit term of no more than one year, and the company provides joint and several liability guarantee for the above credit line, and the guarantee amount does not exceed RMB 300 million, subject to the signed guarantee agreement.

13. Haining Jinko applied to Zhejiang Zheyin Financial Leasing Co., Ltd. for a financial lease amount of no more than RMB 300 million for a period of no more than three years, and the company provided joint and several liability guarantee for the above credit line, and the guarantee amount did not exceed RMB 300 million, subject to the signed guarantee agreement.

14. Haining Jinko applied to Chongqing Rural Commercial Financial Leasing Co., Ltd. and Far East International Financial Leasing Co., Ltd. for a financial lease amount of no more than RMB 650 million for a period of no more than five years, and the company provided joint and several liability guarantee for the above credit line, and the guarantee amount did not exceed RMB 650 million, subject to the signed guarantee agreement.

15. Jiaxing Jinko Photovoltaic System Development Co., Ltd. (hereinafter referred to as "Jiaxing Jinko") applies to Bank of Beijing Co., Ltd. Jiaxing Branch for a credit exposure line of no more than RMB 300 million, and the credit term does not exceed one year, and the company provides joint and several liability guarantee for the above credit line, and the guarantee amount does not exceed RMB 300 million, which is subject to the signed guarantee contract.

16. Yuhuan Jinko Solar Co., Ltd. (hereinafter referred to as "Yuhuan Jinko") applies to Bank of Communications Co., Ltd. Taizhou Yuhuan Sub-branch for a credit line of no more than RMB 400 million, and the credit term is not more than one year, and the company provides joint and several liability guarantee for the above credit line, and the guarantee amount does not exceed RMB 400 million, which is subject to the signed guarantee contract.

17. Yuhuan Jinko applied to China CITIC Bank Co., Ltd. Taizhou Yuhuan Sub-branch for a credit line of no more than RMB 300 million, and the credit term did not exceed one year, and the company provided joint and several liability guarantee for the above credit line, and the guarantee amount did not exceed RMB 300 million, subject to the signed guarantee contract.

18. Yuhuan Jinko applied to the Postal Savings Bank of China Co., Ltd. Yuhuan Sub-branch for a credit line of no more than RMB 400 million, and the credit term did not exceed one year, and the company provided joint and several liability guarantee for the above credit line, and the guarantee amount did not exceed RMB 400 million, subject to the signed guarantee contract.

19. Yuhuan Jinko applied to Huaxia Bank Co., Ltd. Taizhou Yuhuan Sub-branch for a credit with an exposure limit of no more than RMB 300 million and a credit term of no more than one year, and the company provided joint and several liability guarantee for the above credit line, and the guarantee amount did not exceed RMB 300 million, subject to the signed guarantee contract.

20. Yuhuan Jinko applies to China Construction Bank Corporation Yuhuan Sub-branch for a credit line of no more than RMB 150 million, and the credit term is not more than one year, and the company provides joint and several liability guarantee for the above credit line, and the guarantee amount does not exceed RMB 150 million, which is subject to the signed guarantee contract.

The 34th meeting of the first board of directors, the 22nd meeting of the first board of supervisors, and the third extraordinary general meeting of shareholders in 2023 deliberated and approved the "Proposal on the Estimated Credit and Guarantee Limit in 2024".

It is agreed that the company will be a subordinate holding or wholly-owned subsidiary from January 1, 2024 to December 31, 2024

The total amount of guarantee between the Company and its subsidiaries is expected to be no more than RMB85.331 billion, and within the guarantee limit, the Board of Directors proposes to the general meeting of shareholders to authorize the Chairman of the Board of Directors of the Company or the management of the Company to adjust the guarantee amount between wholly-owned subsidiaries and holding subsidiaries (including newly established wholly-owned subsidiaries and holding subsidiaries). The independent directors expressed an independent opinion that clearly agreed with the above guarantee amount estimate, and the sponsor issued a statement on the above guarantee amount estimate

Confirmed Verification Opinions. For details, please refer to the company's disclosure on the Shanghai Stock Exchange on December 9, 2023

JinkoSolar Announcement on the Estimated Credit and Guarantee Lines for 2024 (Announcement No. 2023-104).

According to the actual business needs of the company, in order to improve the efficiency of decision-making, further meet the daily operation and business development capital needs of the subsidiary, and ensure the smooth development of its business, the ninth meeting of the second board of directors, the sixth meeting of the second board of supervisors, and the first extraordinary general meeting of shareholders in 2024 deliberated and passed the "Proposal on the Estimated New Guarantee Amount", and agreed that the company will increase the guarantee amount by RMB 12.600 billion (or equivalent in foreign currency) on the basis of the above-mentioned guarantee amount. The actual guarantee amount is subject to the final signed and executed guarantee contract or the approval of the financial institution. The authorization of the above-mentioned increased guarantee amount is valid from the Company's first provisional share in 2024

The date of approval by the General Assembly of the East Asian Republic of China will expire on December 31, 2024. Details are provided by the Company as of August 31, 2024

JinkoSolar Co., Ltd.'s Announcement on the Estimated New Guarantee Amount (Announcement No. 2024-054) disclosed on the Shanghai Stock Exchange.

The guarantee of this announcement is within the scope of the guarantee amount approved by the above-mentioned general meeting of shareholders, and there is no need to perform the deliberation procedures of the board of directors or the general meeting of shareholders again.

2. The basic information of the guarantor

1. JinkoSolar (Chuxiong) Co., Ltd

Type: Limited liability company (wholly foreign-invested enterprise legal person-owned)

Residence: No. 66, Waizhou Road, Lucheng Town, Chuxiong City, Chuxiong Yi Autonomous Prefecture, Yunnan Province

Legal representative: Chen Jingwei

Registered capital: RMB 50,000,000

Date of Establishment: September 25, 2020

Period of operation: September 25, 2020 to long-term

Business scope: R&D, manufacturing and sales of solar silicon wafers, solar cells and solar modules; light

R&D, manufacturing and sales of volt derivatives; technical consultation, technical services and sales of photovoltaic products; production of inorganic non-metallic materials and products (intraocular lenses, high-performance composite materials, special glass, special ceramics, special sealing materials, special cementitious materials); production of non-ferrous metal composite materials and new alloy materials (none of the above products contain hazardous chemicals and precursors); Import and export of goods or technology (except for the import and export of goods and technology prohibited by the state or involving administrative approval). (For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments)

Shareholder structure: Chuxiong Jinko is a wholly-owned subsidiary of the company with 100% equity holdings.

Chuxiong Jinke has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Chuxiong Jinke's financial data for the latest year:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 555,880.91 441,616.38

Total liabilities 462,670.13 364,978.09

Net assets 93,210.78 76,638.29

2023 (Audited) January-September 2024 (Unaudited)

Operating income 640,297.58 368,817.22

Net profit was 25,912.17 -16,710.74

2. Qinghai Jinko Solar Co., Ltd

Type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Residence: No. 19, Planning 5th Road, Shangxinzhuang Town, Huangzhong District, Xining City, Qinghai Province

Legal representative: Chen Jingwei

Registered capital: RMB 120,000

Date of Establishment: April 3, 2019

Period of operation: April 3, 2019 to long-term

Business scope: R&D, processing, manufacturing, installation and sales of monocrystalline silicon rods, monocrystalline silicon wafers, polycrystalline ingots, polycrystalline silicon wafers, high-efficiency solar cells, modules and photovoltaic systems; Import and export of goods and technology (except for the import and export of goods and technology prohibited by the state or involving administrative approval). (When it comes to licensed business projects, it can only be operated after obtaining permission from relevant departments)***

Shareholder structure: The company holds 100% of the equity of Qinghai Jinko.

Qinghai Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its ability to repay debts.

Qinghai Jinko's financial data for the latest year:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 786,569.18 634,098.14

Total liabilities 622,772.46 463,971.83

Net assets 163,796.72 170,126.31

2023 (Audited) January-September 2024 (Unaudited)

Operating income 1,020,221.17 531,111.20

Net profit 61,179.21 6,297.64

3. Anhui Jinko Solar Co., Ltd

Type: Other limited liability company

Residence: No. 1, Northeast Corner of the Intersection of Longxing Avenue and Ruquan Road, Hefei Circular Economy Demonstration Park, Feidong County, Hefei City, Anhui Province

Legal representative: Chen Jingwei

Registered capital: RMB 1 billion

Date of Establishment: September 3, 2021

Period of operation: September 3, 2021 to long-term

Business Scope: General Projects: R&D of high-efficiency and energy-saving technologies in the power industry; technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; non-ferrous metal alloy manufacturing; photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; import and export of goods; technology import and export; financial counseling; information consulting services (excluding licensed information consulting services); Human resources services (excluding employment intermediary activities and labor dispatch services) (except for licensed business, can independently operate projects that are not prohibited or restricted by laws and regulations in accordance with the law).

Shareholder structure: The company holds 75.14% of the equity of Anhui Jinko, Hefei Dongcheng Industrial Investment Co., Ltd. holds 24.86% of the equity of Anhui Jinko, and Anhui Jinko is the company's holding subsidiary.

Anhui Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Anhui Jinko's financial data for the latest year:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 783,256.35 628,434.91

Total liabilities 528,416.48 352,850.95

Net assets 254,839.87 275,583.96

2023 (Audited) January-September 2024 (Unaudited)

Operating income 1,159,358.62 551,042.15

Net profit 67,284.26 19,919.78

4. JinkoSolar (Feidong) Co., Ltd

Type: Other limited liability company

Residence: No. 1, southwest corner of the intersection of Longxing Avenue and Shichi Road, Hefei Circular Economy Demonstration Park, Feidong County, Hefei City, Anhui Province

Legal representative: Chen Jingwei

Registered capital: RMB 1 billion

Date of Establishment: September 23, 2021

Operating period: September 23, 2021 to long-term

Business Scope: General Projects: R&D of high-efficiency and energy-saving technologies in the power industry; technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; non-ferrous metal alloy manufacturing; photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; import and export of goods; Technology import and export (except for licensed business, can independently operate projects that are not prohibited or restricted by laws and regulations in accordance with the law).

Shareholder structure: The company holds 55% of the equity of Feidong Jinko, and Anhui Hefei Circular Economy Demonstration Park Construction Investment Co., Ltd. holds 45% of the equity of Jinko Feidong, and Feidong Jinko is the company's holding subsidiary.

Feidong Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Feidong Jinko's financial data for the latest year:

Unit: 10,000 yuan

Item 31 December 2023 (Audited) 30 September 2024 (Unaudited)

Total assets 542,217.01 480,630.15

Total liabilities 457,522.89 404,446.89

Net assets 84,694.12 76,183.26

2023 (Audited) January-September 2024 (Unaudited)

Operating income 1,117,725.94 624,885.37

Net profit 8,408.01 -8,538.71

5. Zhejiang Jinko Solar Co., Ltd

Type: Other limited liability company

Residence: No. 58, Yuanxi Road, Yuanhua Town, Haining City, Jiaxing City, Zhejiang Province

Legal representative: Chen Jingwei

Registered capital: 271,4342,985.47 million yuan

Date of Establishment: August 2, 2006

Period of operation: August 2, 2006 to August 1, 2056

Business scope: general projects: photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; manufacturing of special electronic materials; manufacturing of high-performance fibers and composite materials; non-ferrous metal alloy manufacturing; R&D of emerging energy technologies; Import and export of goods (except for projects subject to approval in accordance with the law, independently carry out business activities in accordance with the law with a business license).

Shareholder structure: The company holds 75.7084% of the equity of Zhejiang Jinko, Wuhu Jingda Xinrong Equity Investment Co., Ltd. holds 8.0972% of the equity, Bank of China Financial Assets Investment Co., Ltd. holds 8.0972% of the equity, and China Orient Asset Management Co., Ltd. holds 8.0972% of the equity.

Zhejiang Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Zhejiang Jinko's financial data for the latest year and period:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 1,074,753.66 960,841.34

Total liabilities 818,786.96 523,332.66

Net assets 255,966.70 437,508.68

2023 (Audited) January-September 2024 (Unaudited)

Operating income 1,634,568.21 973,389.47

Net profit 14,561.12 30,850.65

6. JinkoSolar (Haining) Co., Ltd

Type: Other limited liability company

Address: No. 118, Anjiang Road, Huangwan Town, Haining City, Jiaxing City, Zhejiang Province (self-declaration)

Legal representative: Chen Jingwei

Registered capital: RMB 357,000

Date of Establishment: December 15, 2017

Operating period: December 15, 2017 to December 14, 2067

Business Scope: General Projects: R&D of Emerging Energy Technologies; photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; manufacturing of high-performance fibers and composite materials; non-ferrous metal alloy manufacturing; manufacturing of synthetic materials (excluding hazardous chemicals); research and development of special electronic materials; manufacturing of special electronic materials; battery manufacturing; engineering and technology research and experimental development; Import and export of goods (except for projects subject to approval in accordance with the law, independently carry out business activities in accordance with the law with a business license). (The business premises of the branch are located at: No. 199, Xinyue Road, Huangwan Town, Haining City (self-declaration))

Shareholder structure: The company holds 25.21% of the equity of Haining Jinko, Haining Sunshine Science and Technology Town Investment Partnership (Limited Partnership) holds 21.01% of the equity, Jiaxing Kelian Investment Partnership (Limited Partnership) holds 51.40% of the equity, and Zhejiang JinkoSolar Co., Ltd. holds 2.38% of the equity.

Haining Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Haining Jinko's financial data for the latest year:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 2,223,547.49 2,188,423.20

Total liabilities 1,527,006.55 1,352,264.85

Net assets 696,540.94 836,158.35

2023 (Audited) January-September 2024 (Unaudited)

Operating income 3,137,621.02 1,646,595.76

Net profit 219,215.96 95,924.73

7. Jiaxing Jinko Photovoltaic System Development Co., Ltd

Type: Limited liability company (sole proprietorship of a legal person invested or controlled by a natural person)

Residence: Room 305, 3rd Floor, Administration Building, No. 58, Yuanxi Road, Yuanhua Town, Haining City, Jiaxing City, Zhejiang Province

Legal representative: Miao Gen

Registered capital: 50 million yuan

Date of Establishment: December 26, 2016

Operating period: December 26, 2016 to December 25, 2066

Business scope: sales of photovoltaic systems, solar photovoltaic power supply equipment and photovoltaic modules; R&D of solar photovoltaic technology and other new energy technologies (projects subject to approval in accordance with the law can only be carried out after approval by relevant departments).

Shareholder structure: Zhejiang Jinko holds 100% equity of Jiaxing Jinko, which is a second-level subsidiary of the company.

Jiaxing Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Jiaxing Jinko's financial data for the latest year and period:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 78,781.20 75,952.87

Total liabilities 73,205.06 70,094.41

Net assets 5,576.14 5,858.46

2023 (Audited) January-September 2024 (Unaudited)

Operating income 628,176.55 426,832.06

Net profit 296.03 282.33

8. Yuhuan Jinko Solar Co., Ltd

Type: Limited liability company (sole proprietorship of a legal person not invested or controlled by a natural person)

Address: No. 691, Hongtai Road, Qinggang Town, Yuhuan City, Zhejiang Province (self-declaration)

Legal representative: Chen Jingwei

Registered capital: RMB 100,000

Date of Establishment: July 29, 2016

Period of operation: July 29, 2016 to long-term

Business scope: new energy technology research and development; photovoltaic equipment technology research and development; manufacturing and sales of photovoltaic equipment and components; Import and export of goods, import and export of technology. (For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments)

Shareholder structure: Yuhuan Jinko is a wholly-owned subsidiary of the company with 100% of the shares.

Yuhuan Jinko has a good credit status, is not a judgment defaulter, and has no major contingencies that affect its solvency.

Yuhuan Jinko's financial data for the latest year and period:

Unit: 10,000 yuan

Item December 31, 2023 (Audited) September 30, 2024 (Unaudited)

Total assets 232,040.23 447,615.01

Total liabilities 171,990.22 360,656.36

Net assets 60,050.01 86,958.65

2023 (Audited) January-September 2024 (Unaudited)

Operating income 317,425.95 582,570.04

Net profit 1,318.24 18,403.15

3. The main content of the security agreement

(1) The main content of the guarantee provided to Chuxiong Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: from the effective date of the guarantee contract to three years after the expiration of the debt performance period under the main contract.

3. Scope of guarantee: the principal of the creditor's right, interest, compound interest, penalty interest, liquidated damages, compensation and all expenses incurred for the creditor to realize the creditor's right and security right (including but not limited to litigation fees, arbitration fees, property preservation fees, execution fees, appraisal fees, auction fees, attorney fees, travel expenses, etc.) under the main contract.

(2) The main content of the guarantee provided to Qinghai Jinko

1. Guarantee method: the maximum joint and several liability guarantee guarantee.

2. Guarantee period: three years from the expiration date of the debt performance period of the specific business under the contract.

3. Scope of guarantee: main creditor's rights, interest, penalty interest, compound interest, liquidated damages, damages, interest on debts during the period of delayed performance, delayed performance fees, expenses for realizing claims (including but not limited to litigation fees, arbitration fees, lawyer fees, travel expenses, appraisal fees, transfer fees, preservation fees, announcement fees, notarization and authentication fees, translation fees, execution fees, preservation insurance premiums, etc.) and all other expenses payable.

(3) The main content of the guarantee provided to Anhui Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: three years after the expiration of the debt performance period for the specific business under the contract.

3. Scope of guarantee: the principal of the main claim and its interest, penalty interest, compound interest, liquidated damages, damages, and the cost of realizing the claim and security rights arising under the contract.

(4) The main content of the guarantee for Feidong Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: three years after the expiration of the debt performance period for the specific business under the contract.

3. Scope of guarantee: the principal of the main claim and its interest, penalty interest, compound interest, liquidated damages, damages, and the cost of realizing the claim and security rights arising under the contract.

(5) The main content of the guarantee for Zhejiang Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: three years from the expiration date of the debt performance period of the specific business under the contract.

3. Scope of guarantee: the principal of the main claim and its interest, penalty interest, compound interest, liquidated damages, damages, and the cost of realizing the claim and security rights arising under the contract

(6) The main content of the guarantee provided to Haining Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: three years from the expiration date of the debt performance period of the specific business under the contract.

3. Scope of guarantee: the principal of the main claim and its interest, penalty interest, compound interest, liquidated damages, damages, and the cost of realizing the claim and security rights arising under the contract.

(7) The main content of the guarantee for Jiaxing Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: three years from the expiration date of the debt performance period of the specific business under the contract

3. Scope of guarantee: the principal of the main claim and its interest, penalty interest, compound interest, liquidated damages, damages, and the cost of realizing the claim and security rights arising under the contract.

(8) The main content of the guarantee provided to Yuhuan Jinko

1. Guarantee method: joint and several liability guarantee.

2. Guarantee period: three years from the expiration date of the debt performance period of the specific business under the contract

3. Scope of guarantee: the principal of the main claim and its interest, penalty interest, compound interest, liquidated damages, damages, and the cost of realizing the claim and security rights arising under the contract.

4. Reasons and reasonableness of the guarantee

The above-mentioned guarantees are all required for the operating funds of the company's wholly-owned subsidiaries and holding subsidiaries, and the guaranteed parties are all wholly-owned and holding subsidiaries of the company, with stable financial conditions, good credit conditions, solvency and anti-risk capabilities. Among the minority shareholders of the company's holding subsidiaries: the state-owned shareholders need to perform strict approval procedures for external guarantees, and the remaining minority shareholders have no ability to provide guarantees, and the company has full control over the holding subsidiaries.

5. Opinions of the Board of Directors

The above-mentioned financing guarantees are to meet the operating needs of the company's wholly-owned or holding subsidiaries, which are conducive to promoting the business development of the company's subsidiaries, and are all guarantees to the company's wholly-owned or holding subsidiaries, and the overall risks are controllable. The Board of Directors believes that the above guarantee does not harm the interests of the Company and all shareholders, and complies with the relevant provisions of laws, regulations, normative documents and the Articles of Association of JinkoSolar Co., Ltd.

6. The cumulative number of external guarantees and the number of overdue guarantees

As of the disclosure date of this announcement, the total external guarantee of the company and its subsidiaries is 0 billion yuan, and the total guarantee provided by the company to the holding subsidiary is 52.807 billion yuan, and the above amount accounts for 153.69% and 39.97% of the latest audited net assets and total assets of the listed company respectively, and the company has no overdue external guarantees.

The announcement is hereby made.

JinkoSolar Corporation

board of directors

November 30, 2024