HEBEI, China, Jan 7, 2008 (PrimeNewswire via COMTEX) -- JA Solar Holdings Co., Ltd. ("JA Solar," "the Company") (Nasdaq:JASO) announced today that its Board of Directors has approved a change of ratio from 1 American Depositary Shares ("ADSs"): 3 Ordinary Shares, to 1 ADS: 1 Ordinary Share, resulting in a three-for-one split (or 200% distribution) of the Company's ADSs to be effected on February 7, 2008. Each shareholder of record at the close of business on February 6, 2008 will receive two additional ADSs for every ADS held on the record date. Trading on the split-adjusted price resulting from the change of ratio will be effected on February 8, 2008. For JA Solar's ADS holders, this ratio change will have the same effect as a three-for-one ADS split. There will be no change to JA Solar's underlying ordinary shares. No action is required by ADS holders to effect the ratio change.
About JA Solar Holdings Co., Ltd.
Based in Hebei, China, JA Solar Holdings Co., Ltd. is an emerging and fast-growing manufacturer of high-performance solar cells. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity. For more information, please visit http://www.jasolar.com.
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