JinkoSolar Provides Information on a Fire Accident at One of Its Wafer Slicing and Cell Manufacturing Workshops

Core Insights - JinkoSolar experienced a fire incident at its silicon wafer slicing and solar cell manufacturing workshop in Shanxi Province on April 26, 2024, which is expected to affect its operations and financial results for the year [2] Company Overview - JinkoSolar is one of the largest and most innovative solar module manufacturers globally, distributing products and services to various customer segments including utility-scale, commercial, and residential clients across multiple countries [3][4] - As of December 31, 2023, JinkoSolar operated 14 production facilities and had 26 overseas subsidiaries in countries such as Japan, South Korea, Vietnam, and the United States, along with a global sales network [4] Incident Details - The fire was promptly addressed with emergency response procedures, and there were no casualties or impact on surrounding communities [2] - The company is reallocating wafer and cell production to minimize disruption and ensure continuity of operations, while also maintaining insurance coverage for the affected facilities [2] - The cause of the fire is currently under investigation [2]