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JA Solar appoints Baofang Jin as CEO

On January 14th, 2013 JA Solar (Shanghai, China) announced the appointment of current Chairman Baofang Jin as CEO, to replace Dr. Peng Fang, effective January 21st, 2013.

JA Solar explains that Dr. Fang's three-year term of service will end on January 20th, 2013. Baofang Jin previously served as the company's CEO from August 2009 to January 2010.

"I am pleased to return to the role of chief executive officer and look forward to continuing to take JA Solar forward," said Baofang Jin. "I want to extend my gratitude to Dr. Fang for his extraordinary contribution to JA Solar over the past three years and wish him well in his future endeavors."

JA Solar regains NASDAQ listing compliance

On December 27th, 2012 JA Solar was informed that it has regained compliance with the NADSAQ's minimum bid price rule, a condition of continued listing. The company is one of three large Chinese PV manufacturers to receive a de-listing notice in fall 2012.

Like all large solar photovoltaic (PV) manufacturers, JA Solar's revenues and margins have been impacted by collapsed prices. The company reported a -38% operating margin in the third quarter of 2012.

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