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

June 18, 2026
Oxford PV and Fraunhofer ISE have unveiled a module prototype that combines tandem perovskite-silicon and matrix shingle interconnection.
June 17, 2026
Navitas announced investment, Bondada secured EPC contract, SolarSquare raised US$53 million, Gujarat Inject and Waaree won module orders.
June 16, 2026
European inverter manufacturing capacity has now surpassed 100GW, according to figures from PV Tech Market Research.
Premium
June 12, 2026
China, the world’s largest PV market, is poised to lead sustainable solar module recycling and circular manufacturing, writes Huan Li.
June 12, 2026
Lu Chuan, chairman of CHINT and its subsidiary Astronergy, outlines his prudent approach to navigating the difficulties facing China's PV manufacturers.
June 10, 2026
JA has dropped ‘solar’ from its name to reflect its shift from PV manufacturing to a wider clean energy technology and services brief.

Upcoming Events

Media Partners, Solar Media Events
June 30, 2026
Sacramento, California
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Media Partners, Solar Media Events
September 1, 2026
Mexico City, Mexico
Solar Media Events
September 9, 2026
Schaumburg, Illinois
Media Partners, Solar Media Events
September 9, 2026