- JinkoSolar Holding Co., Ltd. has provided information on a fire accident that occurred at one of its silicon wafer slicing and solar cell manufacturing workshops in Shanxi Province.
The fire broke out on the afternoon of April 26, 2024, and the Company immediately initiated emergency response procedures and worked with the local fire department to put out the fire. There were no casualties, and the surrounding area and communities were not impacted.
The incident is expected to impact the Company’s operations and financial results in 2024, and the Company is optimally allocating its wafer and cell production among different manufacturing workshops to minimize disruption to its manufacturing process, ensuring business operation continuity.
The Company maintains insurance coverage for properties and manufacturing equipment in the Shanxi Production Base, and has started the process to make the relevant insurance claims. The cause of the fire is currently under investigation.
Author: Bryan Groenendaal
Source: JinkoSolar
