Kangping Chen, CEO of Jinko Solar, has been awarded the Ernst & Young Entrepreneur Of The Year 2010 China Award. Chen was selected by an independent panel of judges for his achievements as an emerging business leader and received the award at a gala dinner in Shanghai on November 19.
“It's a tremendous honour to be recognized as one of the top entrepreneurs in China for 2010,” Chen said. “I am especially honoured that Ernst & Young has recognized the accomplishments of Jinko Solar in the past year, from our successful listing on the New York Stock Exchange to our rapidly growing business and global presence. We expanded our annual solar module production capacity to 450MW as of September 30, 2010 from 150MW as of December 31, 2009 and are on target to achieve annual silicon wafer, solar cell and solar module production capacities of 1GW each by the end of 2011.
“We have substantially increased our net income from US$10.8 million in the first quarter of 2010 to US$38.8 million in the third quarter of 2010 as well as entered into several long-term contracts with today's leading global solar companies. I am proud to be part of such an inspiring company and dedicate this award to our employees and their entrepreneurial spirit.”
