JA Solar Issues Strong Statement in Response to Trade Secret Rumblings of SolarWorld
27 Marzo 2018 - 5:24PM
JA Solar Holdings Co., Ltd. (Nasdaq:JASO) ("JA Solar" or the
"Company"), one of the world's largest manufacturers of
high-performance solar power products, today issued a strong
statement in rebuttal to meritless assertions made by SolarWorld in
hearings conducted last year and reported in the USTR findings
released March 22, 2018.
JA Solar has not benefited from "economic espionage
and theft" to develop its PERC technology as asserted by the
statements attributed to SolarWorld in the USTR report. Dr.
Wei Shan, CTO of JA Solar says: "These allegations on JA Solar are
baseless, purely speculation or imagination, erroneous and mistaken
if not knowingly false. JA Solar has engaged in hard work and
independent research and development of our PERC cell technology,
beginning as early as 2009. We view these statements of
SolarWorld as meritless and unsupported and firmly believe that
such statements will not withstand any level of scrutiny. The
substantial investments in the research and development of our
technology are solely responsible for our successes."
Dr. Peter Niu, President of JA Solar, commented,
"As the world's leading solar module manufacturer, we remain
focused on technology innovation and product quality to meet our
global customer needs and make contributions in solving the global
energy problems."
Forward-looking Statements
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
"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 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.
About JA Solar Holdings Co.,
Ltd.
JA Solar Holdings Co., Ltd. is a leading
manufacturer of high-performance solar power products that convert
sunlight into electricity for residential, commercial, and
utility-scale power generation. The Company is one of the world’s
largest producers of solar power products. Its standard and
high-efficiency product offerings are among the most powerful and
cost-effective in the industry. The Company distributes products
under its own brand and also produces on behalf of its clients. The
Company shipped 5.2 GW of solar power products in 2016. JA Solar is
headquartered in Beijing, China, and maintains production
facilities in Shanghai, Hebei, Jiangsu, Inner Mongolia and Anhui
provinces in China, as well as Penang, Malaysia and Bac Giang,
Vietnam.
For more information, please visit
www.jasolar.com.
CONTACT:The Blueshirt Group Ralph FongPhone: +1
(415) 489-2195Email: ralph@blueshirtgroup.com
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