Fire Accident at JinkoSolar Raw Material Processing Workshop
JinkoSolar a global player in the PV industry, has provided information in relation to a fire accident that occurred at one of its raw material processing workshops in Shangrao city, Jiangxi Province, China.
The fire broke out on the morning of March 17, 2015 and was put out by firefighters within one hour. There were no casualties and the surrounding area and communities were not impacted.
The Company estimates the damages to be between RMB0.5 million to RMB1 million. The incident is not expected to have any material impact on the Company's operations, financials or delivery commitments to its customers.
The Company maintains insurance coverage for all the manufacturing equipment and has started the process to make the relevant insurance claims. The cause of the fire remains under investigation.
The Company continues to take all necessary steps to ensure compliance with all work safety and environmental rules and regulations.