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NEW ORLEANS, May 24, 2023 /PRNewswire/ -- Sungrow, the global leading inverter and energy storage system supplier, showcased its latest PV inverters and liquid cooled energy storage systems (ESS) for comprehensive installations in North America during CLEANPOWER 2023. Sungrow Booth at CLEANPOWER 2023 CLEANPOWER is one of the largest clean energy expos in North America. This year unites more knowledgeable minds than ever before to chart the future of this powerful industry and discuss the opportunities ahead. This is driven by the Inflation Reduction Act (IRA) which is the trending topic in the market. Competitive solar and storage solutions for the utility-scale market Optimized for utility-scale solar and storage plants, Sungrow introduced the SG3150/4000UD-MV-US modular inverters, the PV Magazine Award-winning string inverter SG350HX, and the liquid cooled ESS PowerTitan. The SG3150/4000UD-MV-US modular inverters combine the advantage of both string and central inverters, featuring modular design at different levels, streamlining installations and operation and maintenance. The inverters perfectly match large-format high-efficiency modules and tracking systems, offering optimized LCOE for the plant. The liquid cooled ESS PowerTitan is a professional integration tailored to utility-scale installations based on Sungrow's power electronics, electrochemistry, and power grid support technologies. The DC-DC controller can charge and discharge battery racks individually, increasing system performance. The product adopts advanced liquid-cooled thermal management to safeguard the system's safety and ensure a superior lifespan. To date, Sungrow has already signed nine gigawatt hours of orders with the PowerTitan globally. Most recently, Sungrow's PowerTitan won the world's first iF Design Award in the utility-scale ESS category and received the TM-2 Approval and Certificate of Approval (COA) for the PowerTitan in New York City. Sungrow is one of a few companies to obtain this critical certification required for fire safety. Cutting-edge innovations catalyze C&I solar and storage projects Many commercial organizations have already realized the enormous potential income stream from solar and energy storage. Sungrow offers a new generation of commercial PV inverters SG36CX-US/SG60CX-US and the liquid cooled ESS PowerStack to fit diverse installations. The 36kW/60kW inverters enable a high DC/AC ratio of 1.5, leading to a higher yield for a project. In addition, they are equipped with online IV curve scan and diagnosis functions, tracking any issues in real-time and significantly reducing operating expenses. The United State's C&I energy storage market has great potential. By installing the PowerStack, the surplus energy that is generated during the day can be stored and used when the sun isn't at its fullest potential. This feature optimizes clean energy consumption and maximizing return on investment. Sungrow launched its USA branch approximately 10 years ago and has now established itself as a professional local team offering sales, technical support, and after-sale services. Notably, the Company continued its upward trajectory in 2022 with revenue of $5.98 billion, a 66.8% increase year-over-year. Sungrow will foster its commitment to innovation with increasing investment in R&D to create innovative products that will accelerate the transition to a low-carbon economy. About Sungrow Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 340 GW installed worldwide as of December 2022. Founded in 1997 by Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial & industrial, and residential applications, as well as internationally recognized floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 26-year track record in the PV space, Sungrow products power over 150 countries worldwide. Learn more about Sungrow by visiting www.sungrowpower.com.
SHENZHEN, China, May 25, 2023 /PRNewswire/ -- EVE Energy Co., Ltd. (EVE Energy), a leading lithium-ion battery manufacturer and energy storage solutions provider, was well represented at the 4th International New Energy Vehicles and Power Battery Expo (CIBF2023), held at the Shenzhen International Convention and Exhibition Center on May 16. Company Chairman Dr. Liu Jincheng attended the opening ceremony and delivered a keynote speech, sharing the enterprise's journey toward internationalization in the battery space. Dr. Liu Jincheng stated his pleasure at returning to the event in his capacity as not only EVE Energy Chairman but also as Vice Chairman of the China Chemical and Physical Power Sources Association. He accompanied leaders from the Ministry of Industry and Information Technology and the chairman of the association in visiting the exhibition halls. The development of China's lithium batteries has achieved a high global position, he said. Dr. Liu largely attributed this to progress made by Chinese equipment and material companies. "We visited several equipment and material exhibition halls and saw that the stacking speed can be shortened to 0.12 seconds per piece. Compared to previous production lines and stackers purchased from South Korea in the early days, the efficiency has doubled, which is very exciting to us all," he said. Dr. Liu Jincheng delivered a speech "Technological progress in equipment will undoubtedly further drive the development of the lithium battery industry," Dr Liu said. "Battery companies integrate creative innovations covering equipment and material enterprises while products are sold worldwide, demonstrating the country's remarkable results." EVE Energy has grown from a company with revenue of 200 million yuan when it listed on the Shenzhen GEM to get where it is today, achieving double growth in the two most recent years. Despite continuous changes in the market, Dr Liu still hopes to double revenue this year. Indeed, Dr Liu was buoyed by the healthy visitor numbers at the event. "The bustling crowds at today's exhibition demonstrate the enthusiasm for the rapid growth of lithium batteries in this country, though we must remain realistic," he said. "EVE Energy participates in this year's exhibition under the theme, 'Focus on Life, Focus on Health.' Our core area of expertise is showcased with a variety of medical devices, demonstrating the company's technological progress in medical batteries." "'New energy' and 'long life' are two major themes in the domestic market," he said. With the aging population in our country and people's pursuit of a higher quality of life, EVE Energy will pay more attention to people's health and the future. Because the essence of technological progress is to focus on a better life and support people as they strive for it." The power battery sector exhibits different characteristics to traditional industries, such as longer order cycles of up to five or eight years, he said during the speech. Dr Liu emphasized that industry project profitability relies on process quality performance and efficiency improvement. At the beginning of this year, the domestic market became more rational amid events like changes to national standards for fuel vehicles and fluctuations in the price of lithium carbonate. Risk prediction and mitigation capabilities across the entire lithium battery industry have further deepened. In response to this, EVE Energy has started focusing on medical batteries and health, accelerating research and development efforts for medical batteries and improving product quality. From the perspective of internationalization, EVE Energy is willing to cooperate with domestic and foreign companies, Dr Liu said. Speaking of internationalization, the company officially announced the construction of green battery plants in Hungary and Malaysia on May 9 and May 12, respectively. "We have confidence in the construction of overseas projects, but we also face challenges. For example, some place may lack the sufficient conditions for component processing and maintenance," he emphasized. "We have officially announced construction of green battery factories in Hungary and Malaysia," he said, adding that the team is overwhelmingly happy to get started on these projects and holds utmost confidence in the success of such overseas developments. The company aims to deepen ties with local communities and serves as their good neighbors and partners to help develop their areas. In addition, supporting local education and contributing to the local community on a cultural level is a crucial part of the internationalization process. EVE Energy Team in Hungary EVE Energy Team in Malaysia
SHANGHAI, May 24, 2023 /PRNewswire/ -- On May 24, the annual SNEC officially kicked off in Shanghai. As the "record-holder" of the highest efficiency in the solar industry, LONGi globally releases Hi-MO 7, a new product based on HPDC technology. The product maintains the standard M10 module size, with a mass production power of 580 W and a conversion efficiency of 22.5%. It is an ultra-high-value modular product created by LONGi for large ground power stations around the world, ushering in the "Terawatt Era" again with integrated innovations. So far, LONGi has formed a multi-dimensional product matrix with "Hi-MO 5+Hi-MO 7" focusing on the utility market and Hi-MO 6 focusing on the distributed generation market, bringing global users the best value experience of efficient and steady gains throughout the life cycle of power stations. At the site of the release, Li Shaotang, Product Marketing Director of LONGi, explained in depth the core advantages of the HPDC-based Hi-MO 7. He emphasized that LONGi Hi-MO 7 has been evaluated, developed and tested for a long time. In addition to high efficiency, it has world-leading product quality and long-term reliability, which significantly reduces the LCOE of large-scale photovoltaic projects in gobi-desert by improving the energy generation output throughout the whole life cycle. New advancement in the HPDC cell technology, and the power generation efficiency is "beyond imagination" The Hi-MO 7 module launched this time is a new generation of products developed by LONGi based on high-efficiency HPDC cell technology, which is essentially another innovative practice of the "first principle thinking". The acronym HPDC stands for High Performance and Hybrid Passivated Dual-Junction Cell, which is another improved iteration of the HPC cell technology. The backside of the cell features high and low junctions, optimized film design, and advanced deposition techniques to achieve remarkable full-area passivation with minimal parasitic absorption. On the front side, the cell is applied with a local low-resistance contact layer that enhances cell efficiency. Additionally, both the front and back sides incorporate upgraded antireflection and low-recombination films, as well as metallization solutions, for superior performance. In general, the upgraded HPDC cell has better conversion efficiency, power temperature coefficient, and higher reliability, which can significantly improve power generation gains. LONGi's prototype products based on HPDC cell technology won the TÜV Rheinland Energy Yield Simulation AQM Award 2022; In the power generation demonstration project conducted by China National Electric Apparatus Research Institute Co., Ltd. in Qionghai, Hainan (on a high-albedo cement surface), Hi-MO 7 modules achieved a power generation gain of 2.9% compared with other mainstream bifacial modules. This further verifies that Hi-MO 7 is ahead of similar products in terms of temperature coefficient, low-irradiation and IAM performance and product stability, making the modules more valuable to customers in the market of ground power generation terminals. The multi-dimensional design provides a steady and "more comprehensive" long-term value guarantee LONGi's industry-leading product life cycle standards also guarantee the reliability of Hi-MO 7. Hi-MO 7 effectively ensures its reliability throughout its life cycle with optimized designs such as high-quality monocrystalline silicon wafers, customized cell paste, optimized module encapsulation film system, SMBB high-precision interconnection, and high-reliability automatic welding of junction boxes. The application of digitalized manufacturing and quality control platforms, especially intelligent AI detection technology, further guarantees the product quality of Hi-MO 7. Therefore, Hi-MO 7 provides a linear power warranty of not more than 0.38%, bringing customers robust value and efficient returns beyond expectations. It is worth noting that the Hi-MO 7 modules released by LONGi is sticking to the standardized M10 module size of 2278×1134 mm, each being a large-sized high-efficiency bifacial module. Thanks to the efforts of LONGi and other companies in promoting M10, the comprehensive value and advantages of a reasonable module size have been fully understood by the upstream and downstream of the solar industry. Since its first introduction three years ago, M10 has accounted for more than 70% of the market share. Such industry-wide standardization achievements are hard-won. They can reduce the application risks of products in extreme weather, promote the coordination between upstream and downstream of the industry chain, facilitate the replacement and upgrading of existing photovoltaic power plants, and contribute to the healthy and sustainable development of the industry. The success of the M10 specification is not accidental. It effectively balances manufacturing, product reliability, application convenience and compatibility. Hi-MO 7, based on M10 specification, has excellent compatibility with manual installation of large racks, cables and inverters. The significant improvements in module efficiency can increase installed capacity of the power station by more than 4.5% in a limited area. This module also decreases the balance of system (BOS) costs in the photovoltaic field and lowers the costs of AC terminal equipment, resulting in a reduction of operation and maintenance costs throughout the power station's lifecycle. TOP lineup of Hi-MO modules in all scenarios, unlocking the best experience of terminal applications For every innovation and upgrade of photovoltaic technology and products, LONGi has always been cautious, adhering to the principle of "no recklessness, no gambling". Only after careful calculation and full verification, and ensuring that the product has reliable long-term value for customers, will it be pushed to the market end. With the official release of Hi-MO 7 module, LONGi has formed an excellent product portfolio of "Hi-MO 5+Hi-MO 7" in the market of utility power stations. Hi-MO 5 series, with its mature and reliable power generation performance that consistently exceeds customer expectations, will remain the main product in the utility market for some time to come, while Hi-MO 7 series is preferred for scenarios that require modules with high ground surface reflectivity, elevated ambient temperatures, and limited land availability. Hi-MO 6 series, another star product released last year, is a high-quality product designed by LONGi for the distributed generation market worldwide. In addition to its high efficiency and outstanding power generation performance, it can also provide users with an unparalleled visual experience. Undoubtedly, the advent of the "Terawatt Era" and the global consensus on carbon reduction have brought infinite possibilities for the development of the photovoltaic industry. Under more diversified photovoltaic application scenarios, the market demand for products with higher efficiency, higher returns and higher reliability throughout their life cycle has become more urgent. This time, LONGi, who specializes in green energy technologies, will accelerate the arrival of a zero-carbon future once again with Hi-MO 7 and its more valuable Hi-MO series full-scenario products and solutions. As Dennis She, Vice President of LONGi, said at the site of the release: "Continuous and steady innovation is the key to LONGi's consistent creation of higher value on the market end. From promoting the technological revolution of monocrystalline industry to leading the large-scale application of PERC cell technology and bifacial dual-glass module technology, from striving to promote the standardization and rationalization of product size in the industry to the game-changing HPBC technology that reshapes value, and now to the efficient empowerment of today's HPDC technology, LONGi has driven the high-quality development of the solar industry with technological innovations and efficiency records one after another, leading the global energy transition." Chasing the dream of a world of green energy, leading the future with innovation. For many years, LONGi has led the rapid development of the industry through continuous and high-quality technological innovation. The delivery of more than 100 GW Hi-MO modules has effectively promoted the transition and upgrading of the global energy structure. According to LONGi's latest annual report, LONGi delivered adequate solar modules in 2022 to generate power about 46.76 GW, gaining "three consecutive championships" in global module delivery and market share. For 2023, LONGi targets to deliver 85 GW of cells and modules (including self-use). The newly released Hi-MO 7, is expected to achieve mass production in the second half of the year, with a capacity of 30 GW+ by the end of the year. On the road to carbon reduction, more valuable series of Hi-MO modules will become an important source for human to accelerate the realization of a zero-carbon future. About LONGi Founded in 2000, LONGi is committed to being the world's leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation. Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com/en
LOS ANGELES, May 24, 2023 /PRNewswire/ -- On May 23, SID Display Week 2023, a prestigious event hailed as the "Oscars" in the display industry, opened in Los Angeles, the United States. It was the 60th edition of the SID Display Week and coincided with the 30th anniversary of the founding of BOE, a global leader in the semiconductor display industry. BOE brought a slew of cutting-edge technologies to the significant event, including many new launches under its technology brands of ADS Pro, f-OLED and α-MLED, and brand-new innovative applications such as smart in-vehicle display, glasses-free 3D and the metaverse. During the event, BOE also hosted the inaugural "Define the Future – BOE Innovation Ecosystem Forum" jointly with its partners, providing deep insights into the future of the global semiconductor display industry along with SID. In addition, BOE published nearly 100 papers on technological innovation through the platform of SID, of which a dozen were released at various seminars, and some received the SID Distinguished Paper Award. Its 10-inch 8K LCD display tailored to 3D printing was selected as the "Display Application of the Year". It was one of the many state-of-the-art technologies BOE exhibited at the event, giving a glimpse of an even smarter, more fantastic and more power-efficient future of the semiconductor display industry. ADS Pro offers superfast UHD experience with record-breaking refresh rate At SID Display Week 2023, BOE's self-developed LCD products backed by its ADS Pro solution amazed the audiences with impressive strengths such as UHD, ultrahigh refresh rate, optimal effects from all viewing angles and wide color gamut, pushing the envelope of the display industry. In the exhibition zone, BOE's newly released 110-ich 16K UHD display drew a big crowd. The product adopts BOE's cutting-edge oxide TFT technology and features high charge carrier mobility and an ultrahigh resolution, improving the image finesse by four times on the basis of 8K. It adopts BOE's proprietary image enhancement technology to further boost the charging and drive capabilities, delivering exquisite and breathtaking image effects. The company's laptop display product with the world's highest refresh rate of 600 Hz was particularly eye-catching. It boasts a record-breaking refresh rate and fast response within 1 ms, creating a seamless and fluid gaming experience for users. As a signature high-end product under its ADS Pro brand, BOE's 110-inch UB Cell display features six core strengths, namely, 178-degree viewing angles, ultralow reflectivity, high contrast ratio, high refresh rate, wide color gamut and high brightness, delivering ultimate image quality in strong ambient lighting. With premium display effects comparable to OLED and stunning extra-large display experience, the product is definitely a pacesetter and landmark product in the LCD field. BOE also unveiled its 27-inch eco-friendly display product made of recycled materials. The product features ultralow power consumption while ensuring the QHD resolution, setting a new trend for low-carbon display. f-OLED empowers diverse display scenarios with flexible forms BOE's high-end flexible display technology solution f-OLED empowers a myriad of application scenarios with diverse forms, multiple features and other strengths, opening up new vistas where displays are ubiquitous. At SID Display Week 2023, BOE's unprecedented 17-inch bendable laptop display was a magnet. With up to 6.5 laps and the maximum bend range of 272 mm, the product can unfold from 10 inches up to 17 inches, unlocking more possibilities for portability and flexible switch between different sizes. BOE also launched the industry's first foldable product that can be folded both lengthwise and breadthwise. Based on the company's all-new module structure solution, the product can be unfolded fully, folded in an "X" pattern or folded in a "Y" pattern, greatly expanding the application of smart devices in office, creation, gaming, entertainment and other scenarios. Additionally, BOE exhibited its industry-leading flexible display armed with the LTPO and tandem technologies. It achieves peak brightness of 2,000 nits, reduces power consumption by over 20% and at the same time, increases the service life by three to four times, providing a superior OLED experience for users. α-MLED fulfills quest for excellence with exquisite image quality In the MLED field, BOE's chip-on-glass active matrix (COG AM) LED display system and solution α-MLED earned high acclaim from the audiences with its incredible UHD image quality and rich and natural images. BOE's industry-leading 163-inch 0.9mm LTPS COG MLED is characterized as highlights edge-to-edge display, UHD image quality and eye care. Using GIA design and lateral processing technology, the product achieves edge-to-edge splicing, giving users a more impactful viewing experience. Leveraging BOE's proprietary PAM+PWM mode, the eye-friendly display product delivers stunning, flicker-free image quality, fully meeting consumers' demand for quality and sense of presence in studio, home entertainment and other scenarios. BOE also presented its 31.5-inch COG AM backlit MLED display product with 4,000 zones. The product sports peak brightness of 2,500 nits, 100% DCI-P3 and Adobe RGB, as well as vibrant and natural display effects with a million-level contrast ratio. It also supports high refresh rates of 144 Hz/240 Hz, well satisfying the requirements for high quality in design and gaming scenarios. Currently, BOE's COG AM MLED products have been mass-produced and widely used in the products of top Chinese and foreign brands such as Lenovo, KONKA and Skyworth. BOE has also efficiently integrated the MLED business ecosystem to amp up innovation along the entire industry chain. Immersive interaction enabled by innovative technology, unlocking infinite possibilities for smart cockpit, glasses-free 3D and the metaverse With smart display being baked into daily life at a faster pace, BOE is striving to bring displays with more diverse features and forms to a wider range of scenarios and empower more immersive, interactive applications with innovative technologies. At SID Display Week 2023, a lot of visitors were attracted to get hands-on and interact with BOE's exhibits. Through the fusion of world-leading display and AIoT technologies, BOE's first-of-its-kind smart cockpit has a 42.2-inch display and a 6.94-inch Camera Monitor System (CMS). The exterior, display, printed circuit board and software of the cockpit were all developed by BOE independently. The display features an ultrahigh resolution of 10K, a million-level contrast ratio and a 110% color gamut, delivering vibrant colors and a superb viewing experience. The under-display camera in the instrument panel comes with smart features that are both personalized and safe. Leveraging AI technology based on deep learning, it can accurately detect drowsiness, fatigue and other dangerous driver behaviors, and give warnings against such behaviors on the display. The peek-proof passenger display uses BOE's Smart View Control (SVC) solution, and the peek prevention switch can be controlled by both the driver and passenger as needed, making it easier to switch between privacy protection and sharing. Furthermore, the smart cockpit adopts the under-display vibration control technology, which enables more accurate operations and timely feedback and rids the driver of the need to look at the screen for a long time, thus creating a smarter, safer and more considerate travel experience. In the field of in-vehicle display, BOE also introduced a 15-inch slidable central display that fits well into the interior of the cockpit and can automatically go up or down in multiple modes, which is the first of its kind in the industry. BOE's 12.3-inch hidden Mini LED dual-display increases the screen brightness by 50% and has a realistic wood texture that blends well with the interior, affording the cockpit a hint of beauty and a high-tech touch. BOE's futuristic display technologies and products gave the audiences not only a visual feast but also incredibly immersive, interactive experiences. The 32-inch nude optical field 3D display released by BOE for the first time has a large display information capacity, which can achieve retinal 3D display resolution, ultra-wide depth of field space and smooth motion parallax, bringing the audience immersive 3D experience. BOE's first-of-its-kind 8K glasses-free 3D display features a 4K resolution per eye, and uses the company's self-developed eye tracking technology to create amazing 3D effects. BOE's AR/VR products geared up for the metaverse also gained traction. The world's leading 1.3-inch 4K4K Micro OLED VR display products with a resolution of more than 4000, delivers a crystal-clear and highly immersive gaming and viewing experience. The first-of-its-kind field sequential color (FSC) 4K VR product boasts an ultrahigh resolution of up to 2,117 PPI and reduces power consumption by roughly 50%, giving users a strong sense of presence. In addition to showcasing its best-in-class display technologies and smart interactive experiences, BOE hosted the "Defining Future – BOE Innovation Ecosystem Forum" in a bid to explore new pathways to the innovation-driven development of the global industry ecosystem jointly with SID and global partners. Notably, BOE's 10-inch 8K LCD display customized for a customer for the purpose of 3D printing was honored the "Display Application of the Year." Using the LTPS LCD panel, the product achieves high-precision 3D printing at a speed five times that of regular printers, reflecting BOE's remarkable strength in empowering a broad range of fields with its innovative display technologies. From "everything as display" to the "internet of displays," the 30-year-old display maker has maintained its respect for technology and dedication to innovation and rolled out a range of innovative technologies and products, keeping China's display industry at the forefront in the world. Standing at a new starting point, BOE will stick to the "internet of displays" strategy and further deepen the integration of display technology and IoT applications to serve the high-quality development of the display industry in the IoT era, thus opening a new chapter of smart living and making a difference in people's lives.
NEW YORK and LONDON, May 24, 2023 /PRNewswire/ -- Lifezone Holdings Limited ("Lifezone Metals" or the "Company") has previously announced entry into a Business Combination Agreement with GoGreen Investments Corporation (NYSE: GOGN), a publicly traded company on the NYSE ("GoGreen"). Today, Lifezone Metals hosted a virtual investor event presented by Founder and Chairman, Keith Liddell together with the members of the Executive Committee: Chief Executive Officer, Chris Showalter; Chief Operating Officer, Gerick Mouton; Chief Technology Officer, Mike Adams; Chief Sustainability Officer, Natasha Liddell; and Executive Vice President Commercial and Business Development, Anthony von Christierson and detailed key elements of Lifezone Metals' strategy and business model, and provided an update on key operational workstreams. GoGreen Chief Executive Officer, John Dowd also provided insight into the investment case of the Company as it prepares to list on the NYSE, as Lifezone Metals Limited. Highlights Formalised board of directors of Lifezone Metals (the "Board"), with four new Non-Executive Directors to be appointed effective at the closing of the proposed business combination, and appropriate governance structure in place to support transition into becoming a public company Sustainability and ESG is core to the business across all operations, developing in line with needs of stakeholders; teams and governance evolving to support public company requirements Rapid de-risking of the Kabanga nickel project via dual-track process - mine and refinery development run in parallel to technical studies; with the Resettlement Action Plan advancing Offtake process progressing; interest from original equipment manufacturers ("OEMs") and battery manufacturers attracted by the Kabanga nickel project's scale, potential superior green credentials In-house laboratory capability added[1] to accelerate test work, development of Lifezone Hydromet Technology and expansion of test work for third parties Lifezone Metals to provide update on CFO appointment in due course The webcast and presentation materials will be available following the webcast release on the Lifezone Metals investor relations website here (https://ir.lifezonemetals.com/overview/default.aspx). If you would like to sign up for Lifezone Metals news alerts, please register here (https://ir.lifezonemetals.com/resources/investor-email-alerts/default.aspx). The Lifezone Metals proposition The driving force behind Lifezone Metals is a combination of deep project execution experience and strong IP, applied to support the decarbonisation of economies. Lifezone Metals believes it can deliver long-term value to all stakeholders and is underpinned by sustainability as a core cultural value. Lifezone Metals believes it has a winning proposition. Lifezone Metals has been built as a new type of company to be a greener supply chain solution with over 30 years spent to develop a hydrometallurgy process (the "Hydromet Technology") with almost 100 patents for the technology secured around the world and applications for both precious and base metals. The proprietary Hydromet Technology is a potential alternative to smelting in metals refining and sets the foundation for Lifezone Metals as a potential emerging supplier of responsibly sourced, lower-carbon and lower-sulfur dioxide emission metals to the battery and electric vehicle ("EV") markets. With the Hydromet Technology in place, Lifezone Metals believes it can unlock the potential of the Kabanga nickel project in Tanzania. Lifezone Metals has a key stake in the Kabanga nickel project is founded on key partnerships and backing with the Government of Tanzania and BHP Billiton (UK) DDS Limited, a UK based subsidiary of BHP Group Limited ("BHP"), a leading global resource company. Lifezone Metals highlights that the Hydromet Technology has been developed further with potential capabilities into recycling for autocatalytic converters to unlock a more efficient and sustainable recycling model for precious metals from spent autocatalysts. Lifezone Metals believes it has the right technology, the right team and the right assets at the right time as the world requires cleaner metals for the green energy revolution. Keith Liddell, Founder and Chairman of Lifezone Metals, said: "We have developed an impressive commercial model. We have a phenomenal set of backers. We have our partners in the Kabanga nickel project – BHP and the Government of Tanzania. We are also backed by GoGreen, led by CEO John Dowd and his team, who have a proven track record of long-term value creation. Lifezone Metals is the most exciting company I've been involved in, and I feel we are ready to take the Company to the next level – we are ready for our new life as a listed company." John Dowd, GoGreen Investments CEO, said: "In selecting the right investment for GoGreen, we reviewed an array of opportunities across the energy transition space. At its root, Lifezone Metals is bringing an environmental solution to the market. Lifezone Metals stood out to us for key reasons: the optionality to the upside via the Kabanga asset: the potential of its Hydromet Technology; the experienced management team with deep technical expertise and a long track record of delivery; and the beneficial and important partnerships for success. The clear societal benefits that Lifezone Metals aims to deliver supports our belief that this is a company being brought to market at a critical time for the energy transition. We look forward to debuting Lifezone Metals as a pure play nickel investment on the NYSE. " Chris Showalter, CEO of Lifezone Metals, said: "Lifezone Metals is generating operational and corporate momentum as we prepare to list on the NYSE. Our proprietary Hydromet Technology has the potential to transform not just the world's nickel supply, but also the way we source a range of metals on a global scale. Hydromet Technology, we believe, is key to unlocking the Kabanga nickel project in Tanzania, providing a major new source of nickel. Our focus is long-term value creation, supported by a commitment to sustainability embedded as part of our governance structure and operations, and a team and partners that bring diverse skills to bear to contribute to the clean energy transition. In building a critical supply chain solution for automakers and OEMs demanding cleaner metals inputs, we believe we have the right solution, at the right time – with the right partners to transform the supply chain for EV batteries, and potentially the way the world sources metals everywhere." Creating a differentiated, pure play nickel story for the NYSE The proposed business combination announced between GoGreen and Lifezone Metals is expected to bring Lifezone Metals public and increase the company's access to funds as it joins the NYSE. GoGreen has over $291 million of cash in trust as of March 31, 2023. In addition, before announcing the transaction, GoGreen secured $70 million in a private placement at $10.00 per share to be consummated immediately following the closing of the proposed business combination. It is expected that 100% of Lifezone Metals' existing shareholders will roll-over into the combined entity. The proposed transaction is expected to provide Lifezone Metals with approximately $361 million of cash[2], in addition to Lifezone Metals' approximately $58 million net consolidated cash contribution as of March 31, 2022.[3],[4] GoGreen was attracted by Lifezone Metals' access to what may be one of the highest quality undeveloped nickel projects and proprietary green processing technologies, established strategic partnerships and Lifezone Metals' proven and experienced management. GoGreen believes that endorsement in the form of a major investment by BHP, a leader in the industry is critical to the investment case, as is the partnership with the Government of Tanzania. Lifezone Metals will be the first US-listed nickel and technology company, providing exposure to clean metals for investors aligning with the energy transition. The Lifezone Hydromet Technology Lifezone Metals believes its Hydromet Technology is a solution that could decrease reliance upon traditional smelting and reduce emissions. Hydrometallurgy has existed for hundreds of years, but it has not always been practically applicable to metals needed for the clean energy transition – until now. Lifezone Metals' Hydromet Technology has been refined over three decades, across a range of metals, demonstrating that the technology is robust, and resulting in advanced optimisation of the process. The technology is based on accumulated IP and the strong technical expertise across the team. Lifezone Metals' proposed in-house laboratory facilities allows the Company to process ore samples more efficiently and creates the ability to expand test work to wider applications and for specific clients. Independent test work and studies show that Lifezone Metals' Hydromet Technology can reduce costs and improve environmental performance. Lifezone Metals has created an animation which expands on the process and the benefits of the Hydromet Technology and can be viewed here (https://lifezonemetals.com/sustainability/hydromet-technology/). The Lifezone Metals Portfolio Lifezone Metals is building a sustainability-driven, quality asset portfolio across geographies and applications. Unlocked by the Hydromet Technology, the Company has adopted a mine-to-metal approach backed by expertise, conscious supply chain integration and technology to create a solution for OEMs seeking greener battery grade metals. The Kabanga nickel project The Kabanga nickel project is one of the largest, highest-grade nickel sulphide deposits globally[5], with over 20 years and $293 million already invested in its development by previous owners. The Kabanga nickel project is a project of national importance for Tanzania and will be delivered by Tembo Nickel Corporation Limited ("Tembo Nickel"), the partnership entity with the Government of Tanzania. The Kabanga nickel project has been de-risked to an extent via BHP's $90 million invested to date, with an option to increase their stake to a 51% look-through interest at asset level.[6] Lifezone Metals has retained a 40% marketing rights allocation. RBC Europe Limited has been appointed to manage a competitive off-take marketing process as the Company seeks to monetise this right. The Kabanga nickel project mineral resource estimate as of 15 February 2023 as attributable to Lifezone Metals of 25.8 Mt (Measured and Indicated resources) at 2.63% Ni, 0.35% Cu and 0.2% Co and additional 14.6 Mt (Inferred resources) at 2.57% Ni, 0.34% Cu and 0.18% Co each with a recovery percentage of 87.2% for Ni, 85.1% for Cu and 88.1% for Co.[7] Please refer to Table 1. The Kabanga nickel project deposit enjoys favourable characteristics as a result of being relatively shallow, facilitating rapid access to such ore body and supporting both early production and cashflow. It has an average strike length of more than 6km and potential upside via exploration. Key workstreams are underway for both the Kabanga nickel project mine site and Kahama, the refinery site forming part of the Kabanga nickel project, including the Definitive Feasibility Study ("DFS"). Early works planning is progressing as a fast-track process, with critical path activities being delivered in conjunction with key mine development studies. The Kabanga nickel project has a social and economic focus, with the aims of upskilling generations to come, creating jobs, complying with Tanzanian law and meeting international standards. One of the most important deliverables is the Resettlement Action Plan (RAP) and implementation. Ongoing stakeholder and community engagement as well as integration across workstreams will support delivery of the RAP. The Kabanga nickel project Environmental Management Plan Update and the Refinery Environmental Impact Assessment is also progressing. The Kahama site is undergoing permitting as a Special Economic Zone. The planned multi-metals processing facility at Kahama will become a clean metals refining hub with economic and social benefits for Tanzania and the East African region. From now until first ore the project milestones include resource definition drilling, resettlement implementation, early works, finalisation of project size, refining test work and DFS delivery. In-house Hydromet labs Lifezone Metals is working to implement a fully functional specialist hydromet lab1. Run by skilled metallurgical engineers and operators, for engineers and operators, all by Lifezone Metals. The Company's in-house lab will improve the ability to expedite Lifezone Hydromet Technology and test work programmes across different ore types. It will also enhance Lifezone Metals' existing IP and test work for third parties. Recycling Lifezone Metals will look to advance the Hydromet Technology's application in autocatalyst recycling. Following test work conducted since 2014[8], Lifezone Metals believes its Hydromet Technology can be used to recycle precious metals, including PGMs from spent catalytic converters, representing a potential new revenue stream. Commercial Opportunities Lifezone Metals Hydromet Technology has potential strategic advantages for the company and the wider metals processing industry, as and when the solution is applied to help clean up the metals supply chain in return for licensing income in the form of recurring revenues and strategic equity investments. Every refinery licensing the Hydromet Technology from Lifezone Metals is expected to pay a royalty in return for licensing such technology. This model can be applied to multiple ore types and has the potential to unlock a significant addressable market of licensing opportunities. Lifezone Metals has, to date, been granted almost 100 global patents across base metals; nickel, cobalt and copper; PGMs and gold, as well as conducted test work on rare earth metals. The Lifezone Metals business model is delivered by three approaches, namely – ownership, partnership and pure licensing. Appointment of Lifezone Metals CFO Lifezone Metals will shortly provide an update regarding the appointment of a Chief Financial Officer. Sign up for news alerts here (https://ir.lifezonemetals.com/resources/investor-email-alerts/default.aspx). Board Appointments Lifezone Metals continues to build the right team to contribute positively as the Company transitions to a public company. This includes formalisation of the Board structure, and the Company is proud to announce that four new Non- Executive Directors have been appointed. These Non-Executive Directors are: Mwanaidi Maajar, the former Tanzanian Ambassador to USA and Tanzanian High Commissioner to the UK from 2006 to 2013; Robert Edwards, a mining industry veteran with 30 years in mining production, new business, equity research, investment banking and board-level experience; Beatriz Orrantia, an M&A, securities and mining lawyer with operational mining experience, including at the Kabanga nickel project; and Jennifer Houghton, a senior governance professional who chaired Santander International's board audit committee and has chaired the Institute of Directors of the Isle of Man since 2017. These appointees join Chairman Keith Liddell, CEO Chris Showalter and GoGreen representatives John Dowd and Govind Friedland on the Board as the Company prepares to be an NYSE-listed company and deliver on the stated objective of offering a supply chain solution for clean metals. Table 1: Kabanga Nickel Project Resource Estimates as of 15 February 2023(1)(2)(3)(4)(5)(6)(7) Based on metal prices: $9.50/lb Ni, $4.00/lb Cu and $26.00/lb Co. Mineral Resource Classification LHLTonnage (Mt) Grades Recovery NiEq23 (%) Ni (%) Cu (%) Co (%) Nickel (%) Copper (%) Cobalt (%) MAIN Measured – – – – – – – – Indicated 2.14 2.44 1.92 0.28 0.15 87.2 85.1 88.1 Measured+Indicated 2.14 2.44 1.92 0.28 0.15 87.2 85.1 88.1 Inferred – – – – – – – – MNB Measured – – – – – – – – Indicated – – – – – – – – Measured+Indicated – – – – – – – – Inferred 0.51 1.98 1.52 0.20 0.13 87.2 85.1 88.1 NORTH Measured 4.7 3.37 2.64 0.35 0.21 87.2 85.1 88.1 Indicated 11.9 3.80 3.05 0.41 0.21 87.2 85.1 88.1 Measured+Indicated 16.6 3.68 2.93 0.39 0.21 87.2 85.1 88.1 Inferred 12.0 3.29 2.64 0.35 0.18 87.2 85.1 88.1 TEMBO Measured 4.9 3.03 2.34 0.32 0.2 87.2 85.1 88.1 Indicated 2.2 2.20 1.69 0.22 0.15 87.2 85.1 88.1 Measured+Indicated 7.1 2.77 2.14 0.29 0.19 87.2 85.1 88.1 Inferred 2.1 3.05 2.41 0.31 0.18 87.2 85.1 88.1 OVERALL MINERAL RESOURCE Measured 9.6 3.20 2.49 0.34 0.21 87.2 85.1 88.1 Indicated 16.3 3.40 2.71 0.36 0.19 87.2 85.1 88.1 Measured+Indicated 25.8 3.33 2.63 0.35 0.20 87.2 85.1 88.1 Inferred 14.6 3.21 2.57 0.34 0.18 87.2 85.1 88.1 1 – Kabanga Nickel Project Resource Estimates reported in the TRS with effective date 15 February 2023.2 – Mineral Resources are reported exclusive of Mineral Reserves. There are no Mineral Reserves to report.3 – Mineral Resources are reported showing only the Lifezone Holdings Limited attributable tonnage portion, which is 69.713% of the total.4 – Cut-off uses the NiEq23 using a nickel price of ($9.50/lb), copper price of ($4.00/lb), and cobalt price of ($26.00/lb) with allowances for recoveries, payability, deductions, transport, and royalties. NiEq23% = Ni% + Cu% x 0. 411 + Co% x 2.765.5 – The point of reference for Mineral Resources is the point of feed into a processing facility.6 – All Mineral Resources in the TRS were assessed for reasonable prospects for eventual economic extraction by reporting only material above a cut-off grade of 0.58% NiEq23.7 – Totals may vary due to rounding. Forward-Looking Statements Certain statements made herein are not historical facts but may be considered "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended, and the "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook" or the negatives of these terms or variations of them or similar terminology or expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future events, the proposed business combination between GoGreen and Lifezone Metals, the estimated or anticipated future results and benefits of the combined company following the business combination, including the likelihood and ability of the parties to successfully consummate the business combination, future opportunities for the combined company, including the efficacy of the Hydromet Technology and the development of, and processing of mineral resources at, the Kabanga nickel project, and other statements that are not historical facts. These statements are based on the current expectations of GoGreen and/or Lifezone Metals' management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of GoGreen and Lifezone Metals. These statements are subject to a number of risks and uncertainties regarding Lifezone Metals' business and the business combination, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political and business conditions, including but not limited to the economic and operational disruptions and other effects of the COVID-19 pandemic; the inability of the parties to consummate the business combination or the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement; the number of redemption requests made by GoGreen's shareholders in connection with the business combination; the outcome of any legal proceedings that may be instituted against the parties following the announcement of the business combination; the risk that the approval of the shareholders of Lifezone Metals or GoGreen for the potential transaction is not obtained; failure to realize the anticipated benefits of the business combination, including as a result of a delay in consummating the potential transaction or difficulty in integrating the businesses of Lifezone Metals and GoGreen; the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; the risks related to the rollout of Lifezone Metals' business, the efficacy of the Hydromet Technology, and the timing of expected business milestones; Lifezone Metals' development of, and processing of mineral resources at, the Kabanga nickel project; the effects of competition on Lifezone Metals' business; the ability of the combined company to execute its growth strategy, manage growth profitably and retain its key employees; the ability of Lifezone Metals Limited ("Holdings") to obtain or maintain the listing of its securities on a U.S. national securities exchange following the business combination; costs related to the business combination; and other risks that will be detailed from time to time in filings with the U.S. Securities and Exchange Commission (the "SEC"). The foregoing list of risk factors is not exhaustive. There may be additional risks that Lifezone Metals presently does not know or that Lifezone Metals currently believes are immaterial that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide Lifezone Metals' expectations, plans or forecasts of future events and views as of the date of this communication. Lifezone Metals anticipates that subsequent events and developments will cause Lifezone Metals' assessments to change. However, while Lifezone Metals may elect to update these forward-looking statements in the future, Lifezone Metals specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Lifezone Metals' assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements. Nothing herein should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or results of such forward-looking statements will be achieved. Certain statements made herein include references to "clean" or "green" metals, methods of production of such metals, energy or the future in general. Such references relate to environmental benefits such as lower green-house gas ("GHG") emissions and energy consumption involved in the production of metals using the Hydromet Technology relative to the use of traditional methods of production and the use of metals such as nickel in the batteries used in electric vehicles. While studies by third parties (commissioned by Lifezone Metals) have shown that the Hydromet Technology, under certain conditions, results in lower GHG emissions and lower consumption of electricity compared to smelting with respect to refining platinum group metals, no active refinery currently licenses Lifezone Metals' Hydromet Technology. Accordingly, Lifezone Metals' Hydromet Technology and the resultant metals may not achieve the environmental benefits to the extent Lifezone Metals expects or at all. Any overstatement of the environmental benefits in this regard may have adverse implications for Lifezone Metals and its stakeholders. Additional Information and Where to Find It In connection with the business combination, Holdings filed a registration statement on Form F-4 (File No. 333-271300) (as amended from time to time, the "Registration Statement") with the SEC, which includes a preliminary prospectus and preliminary proxy statement and, after the Registration Statement is declared effective, GoGreen will mail a definitive proxy statement/prospectus and other relevant documents relating to the business combination to its shareholders. This communication is not a substitute for the Registration Statement, the definitive proxy statement/prospectus or any other document that GoGreen will send to its shareholders in connection with the business combination. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, ALL AMENDMENTS THERETO, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES TO THE BUSINESS COMBINATION. Investors and security holders will be able to obtain copies of these documents (if and when available) and other documents filed with the SEC free of charge at www.sec.gov. The definitive proxy statement/final prospectus (if and when available) will be mailed to shareholders of GoGreen as of a record date to be established for voting on the business combination. Shareholders of GoGreen will also be able to obtain copies of the proxy statement/prospectus without charge, once available, at the SEC's website at www.sec.gov, or by directing a request to: GoGreen Investments Corporation, One City Centre, 1021 Main Street, Suite 1960, Houston, TX 77002. Participants in the Solicitation Holdings, Lifezone Metals, GoGreen and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed participants in the solicitation of proxies of GoGreen's shareholders in connection with the business combination. Investors and security holders may obtain more detailed information regarding the names and interests in the business combination of the directors and officers of Holdings, Lifezone Metals, GoGreen in the Registration Statement. Information about GoGreen's directors and executive officers is also available in GoGreen's filings with the SEC. No Offer or Solicitation This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the business combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. [1] Subject to the completion of proposed acquisition. [2] Includes GoGreen's cash in trust as on March 31, 2023, and the proceeds from the PIPE investment. [3] Assumes no redemptions by GOGN's public shareholders and $35 million in estimated transaction fees; excludes impact of GOGN sponsor 5-year earnout of 0.86 million shares with a vesting price of $14.00 and 0.86 million shares with a vesting price of $16.00. Assuming maximum redemptions by GoGreen's public shareholders, GoGreen's cash in trust will be nil due to the redemptions. [4] Excludes (i) the impact of Lifezone 5-year earnout of approximately 12.4 million shares with a vesting price of $14.00 and approximately 12.4 million shares with a vesting price of $16.00 and (ii) a carve-out for amounts to cover potential tax liabilities for certain individuals incurred as a result of the proposed merger transaction. [5] Based on analysis of the largest undeveloped nickel deposits from S&P Capital IQ Pro, as modified per public data on each mining project. The Kabanga nickel project's resource metrics reflect the measured, indicated and inferred resources referred to in the Kabanga Mineral Resource Estimates as of 15 February 2023 from the Technical Report Summary, as set out in Table 1. [6] In December 2021, BHP invested $10 million into Lifezone Limited (a subsidiary of Lifezone Metals) and $40 million into Kabanga Nickel Limited, a subsidiary of Lifezone Limited, an Isle of Man company ("Lifezone Limited"); in February 2023, BHP invested an additional $50 million in Kabanga Nickel Limited, a subsidiary of Lifezone Limited. [7] Kabanga Nickel Project Resource Estimates reported in the TRS with effective date 15 February 2023.Please refer to Table 1. [8] Lifezone internal study, April 2014.
SHANGRAO, China, May 24, 2023 /PRNewswire/ -- JinkoSolar 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 it has been recognized as a Top Performer in the 2023 PV Module Reliability Scorecard published by PV Evolution Labs (PVEL) for the ninth consecutive Year. PVEL's 9th edition of its PV Module Reliability Scorecard features 35 manufacturers and JinkoSolar is one of only two global manufacturers recognized as a Top Performer in every edition since its inception in 2014. PVEL annually recognizes leading module manufacturers who have excelled in its Product Qualification Program (PQP). In this program, each module is subjected to rigorous testing via PVEL's comprehensive suite of lab and field tests. This year, JinkoSolar's latest n-type TOPCon module received Top Performer status in all 6 PQP test categories, which include Damp Heat, LID+LETID, Mechanical Stress Sequence, PAN Performance, PID, and Thermal Cycling. "We're incredibly proud that our flagship n-type module has demonstrated outstanding reliability and performance from a leading test lab," said Nigel Cockroft, General Manager of JinkoSolar (U.S.) Inc. "This outcome is a direct result of our strong commitment to R&D. We remain fully committed to providing the industry and our customers with high-quality, dependable products." "Congratulations to JinkoSolar for receiving Top Performer status for all nine consecutive Scorecard editions," commented Tristan Erion-Lorico, VP of Sales and Marketing at PVEL. "We are impressed that JinkoSolar's products consistently deliver strong results year after year in PVEL's Product Qualification Program testing, which is evidence of the company's commitment to quality, innovation, and R&D." About JinkoSolar Holding Co., Ltd. JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. 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, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. JinkoSolar had 14 productions facilities globally, 24 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and global sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of March 31, 2023. To find out more, please see: www.jinkosolar.com Safe Harbor Statement This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. For investor and media inquiries, please contact: Ms. Stella WangJinkoSolar Holding Co., Ltd.Tel: +86 21-5180-8777 ext.7806Email: pr@jinkosolar.com
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