JA Solar and shares the Scheme Effective

Beijing on December 10, today JA Solar formal partnership, from the original 1ADS = 1 ordinary shares into ordinary shares of 1ADS = 5.

The partnership to meet Nasdaq listing and trading rules, after the company's share price for 30 consecutive trading days closing price of less than $ 1 transaction does not meet Nasdaq listing requirements, receive Exchange delisting warning.

Announced on December 8, 2012, the twenty-first meeting of the sixth board of directors held on December 7, 2012, the meeting examined and adopted the motion on the transfer of the puni solar cell (Hangzhou) Co., part of the shares. " motion on the replenishment of the the puni solar (Hangzhou) Co., Ltd.. " $ 2,610,000 equity Pune Solar Company intends to total sale of the company held by four companies (Hangzhou) Co., Ltd., the total transfer price of 89.55 million yuan. Subject to the sale of equity issues is completed, the company will be based on the 2009 investment agreement contributed $ 8,000,000 equity subscribe Pune Solar (Hangzhou) Co., $ 3,750,000. After completion of the above transactions, the company holds Pune Solar (Hangzhou) Co., Ltd. equity ratio will be changed to 31.07%.

    Pune Solar (Hangzhou) Co., Ltd. is a production equipment in the field of solar thin-film CIGS has completely independent intellectual property rights of high-tech companies, has been established to develop good. Company to carry out the investment agreement, to give up controlling the puni solar (Hangzhou) Co., Ltd., the company claims is the core of the status and role of professional and technical team to maintain high-tech enterprises in the process of enterprise development and management. Harbin High-Tech operating income in recent years gradually lower, net profit is also the beginning of this year from surplus to deficit in the three quarterly company losses reached 32.9998 million yuan, Pune solar panel energy as the profitability of the company's good assets, the company is willing to give up Holdings opportunity, in addition to want to maintain a high-tech enterprise features, more attention should be equity transfer income of 64.48 million yuan, however, the downward trend of the company's main business is difficult to change the the equity transfer short-term can whitewash the company's financial statements, The long-term is not conducive to the development of the company.

Stock short-term station on line 60, but not strong enough and will soon test the 60-day line support. The center line of the unit is expected to the shock bottoms with the big city, go flat line on the 10th and the 20th line, will become the market outlook support.