SHANGHAI, China, Feb. 11 /PRNewswire-FirstCall/ -- JA Solar Holdings Co., Ltd. (Nasdaq: JASO), a leading manufacturer of high-performance solar products, today announced its updated revenue and shipment guidance for the year ending Dec. 31, 2009.
 
The company said that worldwide macro economic conditions, tight credit markets and resulting issues with project financing are negatively impacting the solar industry, causing JA Solar to lower its expectations for business in 2009. The company currently expects 2009 revenue to be in the range of RMB 5,668 million or $830 million, to RMB 6,500 million or $952 million. JA Solar's target for total production output is now 500 MW to 550 MW. The nameplate production capacity by year-end 2009 is now expected to be 875 MW.
 
About JA Solar Holdings Co., Ltd.
Based in Shanghai with manufacturing operations in Hebei and Yangzhou, China, JA Solar Holdings Co., Ltd. is a leading manufacturer of high-performance solar cells. The company sells its products to solar manufacturers worldwide, who assemble and integrate solar cells into modules and systems that convert sunlight into electricity for residential, commercial, and utility-scale power generation. For more information, please visit http://www.jasolar.com.
 
Forward-looking Statement
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 "will," "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 our registration statement on Form F-1 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.
 
SOURCE JA Solar Holdings Co., Ltd.
CONTACT:
Deborah Stapleton,
deb@stapleton.com,
or Alexis Pascal,
alexis@stapleton.com,
both of Stapleton Communications,
+1-650-470-0200,
for JA Solar Holdings Co., Ltd.
Web Site: http://www.jasolar.com
(JASO)