Shanghai / Jiangxi – May 8, 2026 – JinkoSolar Co., Ltd. (hereinafter “JinkoSolar” or “the Company”) announced on the evening of May 8, 2026, that it plans to optimize its overseas asset allocation, secure its long‑term strategic layout in the international market, reduce operational risks and management costs, and protect the interests of the listed company and its minority shareholders to the greatest extent possible.

The Company’s wholly‑owned subsidiary, JinkoSolar (U.S.) Holding Inc. (“JinkoSolar US Holding”), intends to sell a 75.1% equity stake in its wholly‑owned subsidiary, JinkoSolar (U.S.) Industries Inc. (“JinkoSolar US Factory” or the “Target Company”), to FH JKV Holdings Limited (“FH” or the “Transaction Counterparty”).

Transaction consideration:US$191,505,000

The underlying asset involved in this transaction is the Company’s 2GW module factory in the United States, which has been completed and is already in operation.

Upon completion of the transaction, FH will hold 75.1% of the equity in the JinkoSolar US Factory, JinkoSolar US Holding will retain 24.9%, and the US Factory will no longer be consolidated into JinkoSolar’s financial statements.

About the Buyer: FH and FH Capital

FH is a newly established entity for this equity acquisition. Its ultimate beneficial owner is Ms. ZHANG Wei, an Australian citizen.

Ms. ZHANG has served as a Director at FH Capital since June 2023. FH Capital is a private equity fund focused on growth‑stage clean energy investments. Leveraging deep industry expertise, strong financing capabilities, and long‑built industry relationships, FH Capital provides the necessary capital to growth‑stage companies in the sector.

FH Capital’s existing investments and equity holdings include:

• ES Foundry – a US‑based manufacturer and seller of PV cells

• Delaware River Solar – a leading US developer of PV‑storage projects

After the transaction closes, FH and its affiliates will gradually refine their layout across the new energy industry chain in the United States and will continue to support the compliant operation and stable development of the JinkoSolar US Factory in the local market.

Valuation and Pricing

The transaction is based on an asset valuation report (Jin Zheng Ping Bao Zi [2026] No. A0414) issued by Jin Zheng (Shanghai) Asset Appraisal Co., Ltd., a qualified appraisal firm licensed for securities and futures related business. The valuation date is November 30, 2025.

According to the report, the total equity value of the JinkoSolar US Factory is RMB 1,797.4073 million. Following mutual agreement among all parties, the 75.1% stake held by JinkoSolar US Holding is valued at:

US$255,000,000(valuationdateexchangerate:US$1 = RMB 7.0789) × 0.751 = US$191,505,000

Strategic Rationale and Impact

The transaction is based on the Company’s comprehensive consideration of relevant policies and market developments. If successfully completed, it is expected to:

• Optimize JinkoSolar’s overseas asset allocation

• Secure the Company’s long‑term strategic layout in international markets

• Reduce operational risks and management costs

• Maintain JinkoSolar’s business participation in the US market

• Maximize protection of the listed company’s and investors’ interests

Through this transaction structure, the Company will recover its initial investment while still benefiting from the future operating results of the US Factory.

Post‑Transaction Arrangements

• Ownership structure: FH holds 75.1%; JinkoSolar US Holding holds 24.9%

• Financial reporting: The US Factory will no longer be consolidated into JinkoSolar’s financial statements

• Debt and liabilities: No change to the debt structure of the US Factory; no transfer of related debts or liabilities. The US Factory will continue to enjoy and bear its own debts and liabilities.

• Employees: No change of employer for the US Factory’s employees in principle. All current employees will continue to be employed by the US Factory after closing, and their labor contracts will continue to be performed.

• Related party transactions: The transaction does not constitute a related party transaction. Should any future business between JinkoSolar and FH become a related party transaction, JinkoSolar will strictly comply with the Shanghai Stock Exchange rules and the Company’s Articles of Association regarding approval procedures and disclosure obligations.

• Competition: The transaction will not result in horizontal competition.

• Non‑operating fund occupation: The transaction will not cause the Company’s controlling shareholder, actual controller, or their affiliates to occupy non‑operating funds from the Company.