JA Solar gets closer to NASDAQ de-listing

Facebook
Twitter
LinkedIn
Reddit
Email
JA Solar is getting closer to de-listing from NASDAQ and going private after over 90% of the ordinary shares held had voted to agree a merger with its Cayman Islands registered parent company. Image: PV Tech

‘Silicon Module Super League’ (SMSL) member JA Solar is getting closer to de-listing from NASDAQ and going private after over 90% of the ordinary shares held had voted to agree a merger with its Cayman Islands registered parent company, owned primarily by JA Solar’s founder, chairman and CEO, Baofang Jin. 

The SMSL said that around 56.5% of the company’s total outstanding ordinary shares were presented in person or by proxy at today’s extraordinary general meeting to approve the merger, while over 10% of ordinary shares apposed the merger deal.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Baofang Jin and its ‘Rollover Shareholders’ within the buyer group are funding the merger acquisition with a loan of US$160 million from CSI Finance Limited part of CITIC Bank China and Credit Suisse, Singapore Branch.

Read Next

October 2, 2026
Germany is on course to produce over 600,000 tonnes of solar PV waste material by 2030, potentially worth billions in aluminium and silver.
October 2, 2026
First Solar has filed a patent lawsuit against JA and some of its subsidiaries, as well as American Panel Solutions, a wholly-owned subsidiary of Corning.
Premium
October 2, 2026
PV Talk: PV Tech spoke with Dana Hankey about restarting ACI Materials' silver paste production for US solar manufacturing.
September 29, 2026
Linton Crystal Technologies has filed a lawsuit accusing Jingsheng of infringing two of its Czochralski (Cz) crystal growth equipment patents.
September 28, 2026
PV Tech Research writes about the PV inverter technological shift between string and central inverters across the markets.
September 24, 2026
LONGi has unveiled a hybrid interdigitated back contact (HIBC) solar cell with a conversion efficiency of 28.29%, a record for the company.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK