BEIJING, March 27, 2018 (GLOBE NEWSWIRE) -- JA Solar Holdings Co., Ltd. (Nasdaq:JASO) ("JA Solar" or the
"Company"), one of the world's largest manufacturers of high-performance solar power products, today announced that Herman Zhao has
resigned as Chief Financial Officer effective March 27, 2018 to pursue other interests.
Mr. Baofang Jin, Chairman and CEO of JA Solar, commented, "We thank Herman for his many years of service to JA Solar. We
respect his decision and wish him the very best in his future endeavors."
The Company noted that there are no issues involving the Company’s financial statements, internal controls or financial
reporting procedures that led to Mr. Zhao’s departure.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as "may," "expect,"
"anticipate," "aim," "intend," "plan," "believe," "estimate," "potential," "continue," and other similar statements. Statements
other than statements of historical facts in this announcement are forward-looking statements, including but not limited to, our
expectations regarding the expansion of our manufacturing capacities, our future business development, and our beliefs regarding
our production output and production outlook. These forward-looking statements involve known and unknown risks and uncertainties
and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Further
information regarding these and other risks is included in Form 20-F and other documents filed with the Securities and Exchange
Commission. The Company undertakes no obligation to update forward-looking statements, except as may be required by law. Although
the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that
its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the
anticipated results.
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of high-performance solar power products that convert sunlight into
electricity for residential, commercial, and utility-scale power generation. The Company is one of the world’s largest producers of
solar power products. Its standard and high-efficiency product offerings are among the most powerful and cost-effective in the
industry. The Company distributes products under its own brand and also produces on behalf of its clients. The Company shipped 5.2
GW of solar power products in 2016. JA Solar is headquartered in Beijing, China, and maintains production facilities in Shanghai,
Hebei, Jiangsu, Inner Mongolia and Anhui provinces in China, as well as Penang, Malaysia and Bac Giang, Vietnam.
For more information, please visit www.jasolar.com.
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Ralph Fong
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