Securities code: 688223 securities abbreviation: Jingke energy Announcement No.: 2022020 Jingke Energy Co., Ltd
Announcement on voluntary disclosure of the results of the indirect controlling shareholder in the fourth quarter of 2021 and the whole year of 2021 and the shipment forecast in the first quarter of 2022 and 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important contents and risk tips:
Jinkosolar Holding Co., Ltd. (Jingke Energy Holding Co., Ltd., hereinafter referred to as "Jingke energy holding", stock code: JKS) is the controlling shareholder of jinkosolar Investment Limited (Jingke Energy Investment Co., Ltd., hereinafter referred to as "Jingke energy investment"), a company listed on the New York Stock Exchange. Jingke energy holdings disclosed the results of the fourth quarter of 2021 and the whole year of 2021 and the shipment forecast of the first quarter of 2022 and 2022 in the United States on March 23, 2022 Beijing time. As of the disclosure date of this announcement, Jingke energy holdings indirectly holds 58.62% of the equity of the company.
In this announcement, the financial and operating data of Jingke energy holdings in the fourth quarter of 2021 and the whole year of 2021 are prepared by Jingke energy holdings in accordance with American accounting standards. Due to different accounting standards and foreign exchange conversion, there is a certain difference between the data in the company's annual report and it is only for investors' reference. Relevant data cannot be directly compared with the company's operating performance data. Jingke energy holdings is a holding company. At this stage, in addition to its wholly-owned subsidiary holding a small number of overseas power station development and operation, the company is the main production and operation subject of Jingke energy holdings, and the company's operating revenue accounts for more than 99% of the operating revenue of Jingke Energy Holdings.
The operating data of Jingke energy holdings in the fourth quarter of 2021 and the whole year of 2021 have not been audited, and the final data shall be subject to the audited annual report data disclosed by Jingke energy holdings.
Jingke energy holdings expects total shipments to be between 7.5 GW and 8 GW in the first quarter of 2022,
In 2022, the total shipment volume (including components, battery chips and silicon chips) is expected to be between 35 GW and 40 GW. The above prediction data is the prediction made by Jingke energy holdings based on the current market conditions, production capacity, orders and the global economic environment. It may be affected by changes in customer demand and sales schedule, national industrial policies and the development of photovoltaic industry. It is uncertain. Please pay attention to investment risks.
In accordance with the relevant provisions of the securities law of the people's Republic of China (hereinafter referred to as the "Securities Law"), the measures for the administration of information disclosure of listed companies, the Listing Rules of the science and Innovation Board of Shanghai Stock Exchange (hereinafter referred to as the "Listing Rules"), and in order to enable investors to better understand the operation status of the company, the company will disclose the operation performance in the annual periodic report according to the actual situation, For investors' careful reference.
Jingke energy holdings was listed on the New York Stock Exchange in May 2010 and is the indirect controlling shareholder of the company. As of the announcement date, the wholly-owned subsidiary of Jingke energy held 62.58% of its indirect investment. Jingke energy holdings disclosed the results of the fourth quarter of 2021 and the whole year of 2021 and the shipment forecast of the first quarter of 2022 and the whole year of 2022 in the United States on March 23, 2022 Beijing time.
In accordance with the securities law, the measures for the administration of information disclosure of listed companies, the listing rules and other relevant provisions, and in order to let investors better understand the company's operating performance, the company announced the results of Jingke energy holdings in the fourth quarter of 2021 and the whole year of 2021 and the forecast data of shipments in the first quarter of 2022 and the whole year of 2022 as follows:
1、 Basic information of Finance and operation of Jingke energy holdings in the fourth quarter of 2021 and the whole year of 2021 (I) shipment volume and performance in the fourth quarter of 2021
In the fourth quarter of 2021, the total shipment reached 9693 MW (including 9024 MW Cecep Solar Energy Co.Ltd(000591) components, 669 MW battery chips and silicon chips), with a month on month increase of 94.1% and a year-on-year increase of 67.9%.
The total revenue in the fourth quarter of 2021 was 16.39 billion yuan (US $2.57 billion, and the exchange rates in this announcement were calculated as 1 US dollar to 6.3726 yuan), an increase of 91.2% compared with 8.57 billion yuan in the third quarter of 2021 and 73.9% compared with 9.42 billion yuan in the fourth quarter of 2020. The month on month and year-on-year growth was mainly due to the growth of Cecep Solar Energy Co.Ltd(000591) component shipments, especially the growth of component shipments in the Chinese market driven by China's favorable renewable energy policies.
(II) annual shipments and performance in 2021
In 2021, the shipment volume reached 25242 MW (the component shipment volume reached 22233 MW), and the component shipment volume increased by 18.4% year-on-year.
In 2021, the annual total revenue was 40.83 billion yuan (US $6.41 billion), an increase of 16.2% year-on-year. The growth of total revenue is mainly driven by the favorable policies of China's renewable energy and the growth of global photovoltaic product market demand, and the increase of Cecep Solar Energy Co.Ltd(000591) module shipments.
2、 The basic situation of the shipment forecast of Jingke energy holdings in the first quarter of 2022 and the whole year of 2022. The total shipment of Jingke energy holdings in the first quarter of 2022 is expected to be between 7.5 GW and 8 GW, and the total shipment (including components, battery chips and silicon chips) in the whole year of 2022 is expected to be between 35 GW and 40 GW.
3、 Other matters and risk tips
1. In this announcement, the financial and operating data of Jingke energy holdings in the fourth quarter of 2021 and the whole year of 2021 are prepared by Jingke energy holdings in accordance with American accounting standards. Due to different accounting standards and foreign exchange conversion, there is a certain difference between the data in the company's annual report and it is only for investors' reference. Relevant data cannot be directly compared with the company's operating performance data. Jingke energy holdings is a holding company. At this stage, in addition to its wholly-owned subsidiary holding a small number of overseas power station development and operation, the company is the main production and operation subject of Jingke energy holdings, and the company's operating revenue accounts for more than 99% of the operating revenue of Jingke Energy Holdings.
2. The forecast data of Jingke Energy Holdings' shipments in the first quarter of 2022 and the whole year of 2022 are the forecasts made by Jingke energy holdings based on the current market conditions, production capacity, orders and global economic environment, which may be affected by changes in customer demand and sales schedule, national industrial policies and the development of photovoltaic industry, and the actual implementation in the future is highly uncertain, There may be differences with the final shipment volume, and there may be the following risks:
(1) Customer orders and the risk of market demand falling short of expectations, including but not limited to the estimated sales orders and market development falling short of expectations; Or the delay and cancellation of delivery caused by force majeure factors that affect the future sales revenue.
(2) The forecast of shipment volume is properly prepared based on the assumptions determined by Jingke energy holdings. Although various factors have been comprehensively considered as much as possible, the basis assumption of the forecast is uncertain. Please pay attention to the investment risk.
3. In order to let investors better understand the operation of the company, please pay attention to the regular reports disclosed by the company. 4. See www.jinkosolar.com for specific disclosure information of Jingke energy holdings com.。
5. See the company's website of Shanghai Stock Exchange (www.sse. Com. CN.) on March 24, 2022 for details of the performance of Jingke energy holdings in the fourth quarter of 2021 and the whole year of 2021 and the forecast of shipments in the first quarter of 2022 and the whole year of 2022 The disclosed statement on the performance of Jingke Energy Holdings Co., Ltd. in the fourth quarter of 2021 and 2021 is the Chinese translation of the fourth quarter report and the annual performance report of 2021 issued by Jingke energy holdings. In case of any conflict between the contents of the Chinese and English reports, the contents of the English reports shall prevail.
It is hereby announced.
Board of directors of Jingke Energy Co., Ltd. March 24, 2022
