JinkoSolar Technologies: Plans to invest approximately 245 billion yuan to build the 1GW computing power center project in Zhongwei, Ningxia, within a 3-day 2-board limit (3天2板)

Mars Finance News: Jinko Solar announced that the company has signed an “Investment Agreement” with the People’s Government of Zhongwei City, Ningxia, reaching a cooperation intention for the 1GW computing power center project in Zhongwei, Ningxia. The project plans a total investment of approximately 24.5 billion yuan, covering about 800 acres, with an estimated deployment of about 50,000 cabinets, to be built in three phases. As the investment principal, the company will lead the preliminary work and introduce strategic partners for joint investment. This project aims to build a “New Energy + Computing Power” computing and electricity collaboration ecosystem, promoting the company’s transformation into a green computing power and comprehensive energy service provider. Given the large scale of the project investment and the need to obtain national approval, secure land, and bring in partners, there is a possibility of significant adjustments or termination of the final plan, which will not have a material impact on the company’s current financial position.