HEBEI, China, Sep 20, 2007 (PrimeNewswire via COMTEX News Network) -- JA Solar Holdings Co., Ltd. ("JA Solar", "the Company") (Nasdaq:JASO) today announced the appointment of Dr. Kang Sun as president and chief operating officer. The former chief operating officer, Mr. Zhilong Zhang, will assume the position of general manager of Shanghai JA Solar PV Technology Co., Ltd., a wholly owned subsidiary of JA Solar.
Dr. Sun has been an independent director of JA Solar's board since January 2007. He will continue to serve on the board but will no longer be designated as an independent director. Dr. Sun has held executive positions in the areas of business development, marketing and sales, technology management, operations and investments at both large global corporations, such as Applied Materials, AlliedSignal, Honeywell and Oce, as well as technology startups.
Samuel Yang, chief executive officer, said, "By fortifying our already strong management we will be able to support our expected continued growth. Dr. Sun's participation is another milestone in our corporate development. His experience at start-ups and large enterprises makes him a natural fit and a valued executive. We will continue to add business and technical talents to our management team as we move forward in support of our business and prospects."
About JA Solar Holdings Co., Ltd.
Based in Hebei, China, JA Solar Holdings Co., Ltd. is an emerging and fast-growing manufacturer of high-performance solar cells. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity. For more information, please visit http://www.jasolar.com.
Safe Harbor 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 annual report on 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.
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SOURCE: JA Solar
JA Solar Holdings Co., Ltd.
Jinlin Liu, Vice President
The Ruth Group