On April 14, industry glass provider Flat Glass Group announced the purchase made by Jinko Solar and its subsidiary of approximately 77 GW of photovoltaic glass from 2024 to 2025. The specific order price is subject to market conditions and will be determined through monthly negotiations between the two parties.
The order contains about 489.5 million square meters of photovoltaic glass. According to the current market price, the estimated total sales amount is about CNY 10.524 billion (tax included).
Flat stated that the signing of the contract is conducive to the market promotion of the company’s large-sized and thin film photovoltaic glass products, increasing the stable sales and having a positive impact on the company’s business performance.
The performance of the contract will not affect the independence of the company’s business, and the company will not rely on the counterparty for the performance of this contract.
Meanwhile, Flat gave a risk warning, and the calculated total sales amount did not take into account the contract performance risk, future photovoltaic glass market price fluctuations and other uncertain factors, which did not constitute a price or performance commitment.
