April 17, 2026 – During the System Mission to China led by Italy’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani, Jinko Power Technology (601778.SH) (“Jinko Power”) and SACE entered into a Memorandum of Understanding (MoU) aimed at supporting Jinko Power’s investment strategy in Italy and promoting the involvement of the Italian renewable energy supply chain in the development of photovoltaic, agrivoltaic and energy storage projects.

Mr. Rick Sun, General Manager of Jinko Power’s International Business met with SACE Chief Executive Officer Mr. Michele Pignotti. The discussions underscored the parties’ shared goal of advancing renewable energy development in Italy and further strengthening cross-border industrial collaboration.

As Italy’s Export Credit Agency, SACE plays a pivotal role in supporting the internationalization, export growth and global competitiveness of Italian companies and their supply chains. This is closely aligned with Jinko Power’s strategic focus on advancing renewable energy investments worldwide.

The cooperation is intended to support the development of renewable energy projects in Italy and to facilitate the participation of Italian companies as suppliers, contractors and technology providers. Within this framework, the parties will also explore potential financial, insurance and risk mitigation solutions aimed at supporting such investments in Italy.

Speaking at the signing ceremony, Mr. Rick Sun said:
“As the European energy market undergoes rapid transformation, strong financial partnerships and disciplined execution are essential to optimizing the investment lifecycle. Jinko Power is committed to effectively navigating local regulatory frameworks. We firmly believe that integrating high-quality Italian supply chains and standardized processes will enhance project resilience and operational efficiency and long-term asset performance .”

Mr. Pignotti said: “This agreement marks a further step in strengthening trade and economic relations between Italy and China in a strategic sector such as renewable energy. Through this cooperation, we aim to support Jinko Power’s investment plans in Italy while fostering the involvement of Italian companies and supply chains in the development of photovoltaic, agrivoltaic and energy storage projects. It fully reflects SACE’s commitment to promoting sustainable growth, supporting exports and creating new business opportunities for Made in Italy.”

During the mission, both parties also exchanged views on market developments and potential avenues for future cooperation.

As the global energy transition continues to accelerate, Jinko Power looks forward to further strengthening its cooperation with SACE and contributing to the development of a more resilient, sustainable and low-carbon energy system.

About Jinko Power

Founded in 2011, Jinko Power is a well-known global IPP that develops, builds, finances, owns and operates solar power plants. We strive to make solar the most sustainable and competitive source of energy worldwide.

As of September 2025, Jinko Power has approximately 6 GW of operating solar IPP capacity in China and around 4.35 GW of solar projects developed, constructed and in operation internationally. Jinko Power manages an international portfolio of assets including one of the world's largest operational solar plants. Jinko Power’s international business team is developing a global pipeline of GW scaled projects in our key markets including the Middle East, Europe, Latin America and Asia Pacific.

About SACE

SACE is Italy’s Export Credit Agency, wholly owned by the Ministry of Economy and Finance. It specializes in supporting the growth of Italian companies through a wide range of instruments and solutions to foster exports and competitiveness, including risk management and protection, financial guarantees, factoring, advisory services, and business matching. With a network of export advisors across 23 offices in Italy and in high-potential markets for Made in Italy, SACE manages a portfolio of insured operations and guaranteed investments worth around €290 billion across 200 markets worldwide.