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.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

September 11, 2025
US cell manufacturer ES Foundry is proceeding with expansion plans despite a six-month delay due to recent trade and tax credit policy uncertainties.
Premium
September 11, 2025
PV CellTech USA: US cell manufacturer ES Foundry’s CEO Alex Zhu discusses his company's rapid ascent, strategic technology choices and the challenges of operating in a shifting policy environment.
September 10, 2025
At RE+ 2025, companies launched AI-driven platforms, terrain-following trackers, low-carbon modules, and advanced energy management solutions for solar and storage.
September 9, 2025
China has advanced in the integration of AI and new energy, covering areas such as power forecasting, electricity markets, and O&M.
September 8, 2025
Vaisala has launched a new hail alert system aimed at solar operators grappling with an increasingly costly problem for PV installations.
September 5, 2025
Scientists from Germany and Saudi Arabia have discovered that perovskite thin-film cells are compatible with current industry standard silicon solar cells, which they claim is a “crucial step toward the industrialisation of perovskite silicon tandem solar cells”.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines