2024 Annual Report of JA Solar Technology Co. Ltd.

JA Solar Technology Co. Ltd.

2024 Annual Report

April 2025

12024 Annual Report of JA Solar Technology Co. Ltd.

2024 Annual Report

Section I. Important Notice Contents and Definitions

The board of directors supervisory committee as well as directors supervisors and senior

managers of the Company are responsible for the authenticity accuracy and completeness of

the information contained in this Annual Report without false records misleading statements

or material omissions and assume joint and several liability therefor.Jin Baofang head of the Company Li Shaohui head of accounting affairs and Sun Peng

head of accounting department represent that they are responsible for the authenticity

accuracy and completeness of the financial statements in this Annual Report. All directors were

present in the board meeting that reviewed this Report.The forward-looking statements future plans and business objectives mentioned in this

Report do not constitute a substantive commitment by the Company to investors. Investors and

relevant persons are required to maintain sufficient risk awareness and understand the

differences between plans forecasts and commitments. Investors need to know there are risks

in investments.Please refer to XI Outlook for Future Development in Section III Management Discussion

and Analysis for details on the potential risks inherent in the Company’s operations.The Company has decided not to distribute cash dividends issue bonus shares or convert

its capital reserve into share capital.*The 2024 Annual Report of JA Solar Technology Co. Ltd. was published both in Chinese and English. Where any discrepancy

arises between the English and the Chinese content the Chinese version shall prevail. The English version here was only used for

investors’ reference.

22024 Annual Report of JA Solar Technology Co. Ltd.

Table of Contents

Section I. Important Notice Contents and Definitio... 2

Section II. Company Profile and Major Financial In... 6

Section III. Management Discussion and Analysis .... 11

Section IV. Company Governance ..................... 49

Section V. Environmental and Social Responsibility.. 70

Section VI. Important Matters ...................... 82

Section VII. Changes in Shares and Shareholders ... 130

Section VIII. Preference Shares ................... 139

Section IX. Bonds ................................. 140

Section X. Financial Statements ................... 140

32024 Annual Report of JA Solar Technology Co. Ltd.

List of documents to be checked

I. Financial statements bearing the signatures and seals of the head of the Company the head of the accounting affairs and the

head of the accounting department；

II. Original auditor’s report bearing the seal of the accounting firm and the signatures of the CPAs;

III. Formal copies of all Company documents and the original announcements publicly disclosed in the media designated by

CSRC; and

IV. The original full text and summary of the Company’s 2024 Annual Report bearing the signature of the Company’s legal

representative.The above documents are lodged in the Company’s Securities Affairs Department located in No. 8 Building Nuode Center

No.1 Courtyard East Auto Museum Road Fengtai District Beijing.

42024 Annual Report of JA Solar Technology Co. Ltd.

Definitions

Term Description

Company and JA Solar Refer to JA Solar Technology Co. Ltd.Articles of Association Refers to The Articles of Association of JA Solar Technology Co. Ltd.Company Law Refers to The Company Law of the People’s Republic of China

Securities Law Refers to Securities Law of the People’s Republic of China

CSRC Refers to China Securities Regulatory Commission

Yuan 10000 yuan 100m

Refers to RMB 1 yuan RMB 10000 yuan RMB 100 million yuan yuan

JA Solar Holdings Refers to JA Solar Holdings Co. Ltd.Jingtaifu Refers to Dongtai Jingtaifu Technology Co. Ltd.A power plant that involves converting solar energy through large-scale

Ground-mounted power solar panel arrays directly into DC electricity which is then transmitted to

plant or centralized power Refers to the grid via AC distribution cabinets step-up transformers and high-

plant voltage switching devices allowing the photovoltaic power to be delivered

to the grid which centrally allocates and distributes the electricity to users.A solar power project located near users where the generated electricity is

utilized on-site and connects to the grid at voltage levels lower than or Distributed power plant Refers to

equal to 35 kilovolts and individual grid-connected points have a total

installed capacity of no more than 6 megawatts.Electricity generation power of the photovoltaic power generation system

consisting of large-area solar panels and components such as power Installed capacity Refers to

controllers. These solar panels are resulted from solar cells connected in

series encapsulated and protected.Crystalline silicon materials including polysilicon monocrystalline silicon

Crystalline silicon Refers to

and others.The monocrystalline form of silicon where the crystal lattice of the entire Monocrystalline silicon Refers to

solid is continuous.A material consisting of a number of monocrystalline silicon crystallites Polysilicon Refers to

with different crystal orientations.An rod shaped intermediate product produced by melting crystalline

Silicon rod Refers to silicon material in a high-temperature furnace filled with special gases and

then processed or drawn.Silicon wafers Refers to Thin slices of monocrystalline silicon or polysilicon rods.Cells solar cells PV cells Semiconductor devices that convert sunlight directly into electricity by Refers to

and photovoltaic cells using the photovoltaic effect.Solar cells developed based on high-quality monocrystalline silicon

Monocrystalline solar cells Refers to material and processing techniques typically employing surface texturing

emitter passivation and localized doping technologies.The unit of power used for measuring the electricity generation capacity

W KW MW GW and

Refers to of a PV power plant. 1 TW=1000 GW=1000000 MW=1000000000 TW

kW=1000000000000 W

kWh Refers to A measure of electricity.A solar panel that consists of a single layer of glass and two-sided solar Single-glass solar module Refers to

cells.Double-glass solar module Refers to A solar panel that consists of two layer of glass and two-sided solar cells.That a solar cell is equipped with more than 5 busbars such as 6 9 11 or Multi-busbar (MBB) Refers to

12 busbars.

Half-cut Refers to The half-cut cell process used on top of the existing technology.An n-type silicon wafer-based double-sided cell which features a

passivated contact structure on the surface with carrier selectivity meeting

the requirements for surface passivation while suppressing the carrier Bycium cell Refers to

recombination at the metal-silicon interface. This enhancement leads to

improved open-circuit voltage and fill factor thereby increasing the

overall conversion efficiency of the cell.Heterojunction technology cells which utilize different semiconductor

materials on each side of the junction typically involving a combination

of crystalline silicon substrate and amorphous silicon thin film compared HJT cells Refers to

to the homojunction structure of traditional silicon solar cells. These cells

feature excellent surface passivation resulting in a higher open-circuit

voltage.LCOE Refers to Levelized Cost of Energy.

52024 Annual Report of JA Solar Technology Co. Ltd.

Section II. Company Profile and Major Financial Indicators

I. Company Information

Stock name JA Solar Stock code 002459

Stock exchange Shenzhen Stock Exchange

Full Chinese name 晶澳太阳能科技股份有限公司

Short Chinese name 晶澳科技

Full foreign language name

JA Solar Technology Co. Ltd.(if any)

Short foreign language name

JA Solar

(if any)

Legal representative Jin Baofang

Registered address No. 123 Xinxing Road Ninjin County Hebei Province

Post code of the registered

055550 address

On April 23 2020 in light of the completion of a significant asset restructuring and to

Changes of the registered accommodate the Company’s development and internal management needs the Company had its

address registered address changed from No. 3 Tianshan North Road Economic and Technological

Development Zone Qinhuangdao City to No. 123 Xinxing Road Ningjin County Hebei Province.Office location No. 8 Building Nuode Center No.1 Courtyard East Auto Museum Road Fengtai District Beijing

Post code of the office 100160

Website www.jasolar.com

Email ir@jasolar.com

II. Contacts and Contact Details

Secretary of the Board of Directors Representative of Securities Affairs

Name Qin Shilong Yuan Haisheng

No. 8 Building Nuode Center No.1 No. 8 Building Nuode Center No.1

Address Courtyard East Auto Museum Road Courtyard East Auto Museum Road

Fengtai District Beijing Fengtai District Beijing

Telephone 010-63611960 010-63611960

Fax 010-63611980 010-63611980

Email ir@jasolar.com ir@jasolar.com

III. Information Disclosure and Storage Sites

Stock exchange website where the Company discloses its

Shenzhen Stock Exchange http://www.szse.cn annual reports

Media names and websites where the Company discloses its China Securities Journal and CNINFO website

annual reports (http://www.cninfo.com.cn)

Location where the Company stores its annual reports Securities Affairs Department

IV. Changes of the Registration

Uniform Social Credit Code 91130300601142274F

The Company completed a significant asset restructuring in November 2019. Prior

to the restructuring the Company was primarily engaged in the design

manufacturing sales and construction of lifting and transportation equipment for

Changes in operating activities since the

railways and bridges as well as for other fields. After the restructuring the Company’s listing (if any)

Company’s business shifted to the research production and sales of silicon

wafers photovoltaic cells and solar modules as well as the development

construction and operation of photovoltaic power plants.The Company completed a significant asset restructuring in November 2019.Changes in controlling shareholder (if any) After the restructuring the controlling shareholder changed from Huajian Yingfu

to Jingtaifu and the actual controller changed from Mr. He Zhiping to Mr. Jin

62024 Annual Report of JA Solar Technology Co. Ltd.

Baofang.V. Additional information

Accounting firm engaged by the Company

Name of accounting firm KPMG Huazhen Certified Public Accountants (Special General Partnership)

Office of the accounting firm 8th Floor KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing

Signatory accountants Fu Qiang and Zhang Xinhua

Sponsor that performs continuous supervision duties in the reporting period

□Applicable □ Not applicable

Period of continuous Sponsor name Sponsor office Sponsor’s representatives

supervision

North Block Times Square

Excellence (Phase II) No.8

From September 27 2021 to CITIC Securities Co. Ltd. Zhongxin 3rd Road Futian Dai Shun and Li Ning

December 31 2024

District Shenzhen

Guangdong Province

Financial advisors that perform continuous supervision duties in the reporting period

□ Applicable □ Not applicable

VI. Major Accounting Data and Financial Indicators

Retrospective adjustment or restatement of the previously reported accounting data is needed

□ Yes □ No

Reason for retrospective adjustment or restatement

Changes in accounting policies

Increase/

2023 decrease 2022

2024 YoY

Before After After Before After

adjustment adjustment adjustment adjustment adjustment

Operating revenue

70120697029.7381556177236.9881556177236.98-14.02%72989400575.1872989400575.18

(yuan)

Net profit attributable

to shareholders of the -4655943814.17 7039490537.23 7039490537.23 -166.14% 5533792625.25 5533792625.25

listed company (yuan)

Net profit net of non-

recurring gain or loss

attributable to -4268758175.81 7140499107.08 7140499107.08 -159.78% 5558418499.58 5558418499.58

shareholders of the

listed company (yuan)

Net cash flow

generated from

3346575961.5412414145385.7512414145385.75-73.04%8182277275.128182277275.12

operating activities

(yuan)

Basic earnings per

-1.422.142.14-166.36%1.711.71

share (yuan/share)

Diluted earnings per

-1.422.102.10-167.62%1.701.70

share (yuan/share)

Weighted average

-14.80%22.52%22.52%-37.32%24.17%24.17%

return on net assets

72024 Annual Report of JA Solar Technology Co. Ltd.

(%)

Operating cost (yuan) 66979216270.41 66773075559.67 67163948649.19 -0.28% 62204704732.46 62556427648.88

Sales expense (yuan) 1077841072.90 1380055285.54 989182196.02 8.96% 1050008147.01 698285230.59

Increase/

2023 close decrease 2022 close

2024 close YoY

Before After After Before After

adjustment adjustment adjustment adjustment adjustment

Total assets (yuan) 112958012308.73 106589466073.52 106589466073.52 5.97% 72435835821.85 72435835821.85

Net assets attributable

to shareholders of the 27896247512.33 35116183344.37 35116183344.37 -20.56% 27534705794.95 27534705794.95

listed company (yuan)

Reasons for changes in accounting policies and accounting corrections

Please refer to Section X Financial Statements of this Report for further details.For the past three consecutive fiscal years the net profit after non-recurring gains or losses has been negative and the latest auditor’s

report indicates uncertainty about the Company’s ability to continue as a going concern

□ Yes □ No

The Company’s audited figures for the latest fiscal year show negative values when taking the lowest among: total profit net profit

and net profit after deducting non-recurring gains and losses.□Yes □No

Item 2024 2023 Remarks

Operating revenue (yuan) 70120697029.73 81556177236.98 /

Deductions from operating Material sales & scrap/waste

835689236.49808906285.83

revenue (yuan) disposal

Operating revenue after

69285007793.2480747270951.15/

deductions (yuan)

VII. Differences between Accounting Data under Domestic and Foreign Accounting Standards

1. Difference in net profit and net assets in the financial reports disclosed under IFRS and China’s

accounting standards

□ Applicable □ Not applicable

There are no differences in net profit and net assets in the financial reports disclosed under IFRS and China’s accounting standards

for the Company in the reporting period.

2. Difference in net profit and net assets in the financial reports disclosed under overseas accounting

standards and China’s accounting standards

□ Applicable □ Not applicable

There are no differences in net profit and net assets in the financial reports disclosed under overseas accounting standards and

China’s accounting standards for the Company in the reporting period.VIII. Quarterly Financial Indicators

Unit: Yuan

Q1 Q2 Q3 Q4

Operating revenue 15971496835.21 21385034158.57 16991324029.89 15772842006.06

Net profit attributable

-482832185.16-391372404.46389840979.03-4171580203.58

to shareholders of the

82024 Annual Report of JA Solar Technology Co. Ltd.

listed company

Net profit net of non-

recurring gain and loss

attributable to -368835896.37 -450050377.36 224586143.83 -3674458045.91

shareholders of the

listed company

Net cash flow

generated from -3543263545.57 1683967846.63 2092164502.15 3113707158.33

operating activities

Are the above financial indicators or their aggregate amounts significantly different from the relevant financial indicators disclosed in

the Company’s quarterly or semi-annual reports

□ Yes □ No

IX. Non-recurring Gains or Loss Items and Amounts

□Applicable □ Not applicable

Unit: Yuan

Item 2024 amount 2023 amount 2022 amount Remarks

Gains or losses on

disposal of non-current

assets (including the

reversal of previously 9288043.40 -213483538.13 -175137208.54

recognized impairment

loss provision forassets）

Government grants

included in current

profits or losses

(excluding government

grants that are closely

related to the normal Mainly due to

operating activities of government grants

296521560.73627197400.18339784651.05

the Company have a received in the current

lasting impact on the period

Company’s profits or

losses and to which the

Company is entitled

under national policiesand regulations）

In addition to the

effective hedging

business related to the

normal operating

activities of the

Company the fair value

Mainly due to losses on

gain and loss from held-

-295926673.57 -425313440.17 -85720183.22 exchange rate lock-in

for-trading financial

activities

assets and liabilities held

by a non-financial

company as well as gain

or loss on the disposal of

financial assets and

liabilities

Losses incurred on -129937106.78 Mainly due to losses

92024 Annual Report of JA Solar Technology Co. Ltd.

assets due to force from natural disasters

majeure events such as at power plants

natural disasters

Reversal of impairment

provision for accounts

receivable subject to 509788.33 8711579.54 12141067.07

individual impairment

test

Net profit or loss from

the beginning of the

reporting period to the

consolidation date

generated by -64717.16 -541083.10

subsidiaries resulting

from business

combinations under

common control

Non-recurring share-

based payment charge

arising from -189921386.68

termination/amendment

of share incentive plans

Non-operating revenue

and expenses other than -76085039.99 32392123.01 -132882073.62

aforementioned items

Other non-recurring gain

330300.002063434.843300078.50

and loss items

Less: Effects of income

2369157.01114397509.2912229969.76

tax

Effects of minority

-404033.2118113902.67-26658847.29

interest (after tax)

Total -387185638.36 -101008569.85 -24625874.33 --

Other gain or loss items qualifying as non-recurring gains or losses

□ Applicable □ Not applicable

The Company had no other gain or loss items qualifying as non-recurring gains or losses in the reporting period.Note on listing the non-recurring gain and loss items mentioned in the Explanatory Announcement on Information Disclosure for

Companies Offering Their Securities to the Public No.1 - Non-Recurring Gain and Loss Items as recurring gain and loss items

□ Applicable □ Not applicable

The Company experienced no circumstances where any non-recurring gain or loss items mentioned in the Explanatory Announcement

on Information Disclosure for Companies Offering Their Securities to the Public No.1 - Non-Recurring Gain and Loss Items were

defined as recurring gain or loss items.

102024 Annual Report of JA Solar Technology Co. Ltd.

Section III. Management Discussion and Analysis

I. Industry Where the Company Operated in the Reporting Period

1. Overview of Global Photovoltaic Market Demand

In recent years advancements in photovoltaic technology have significantly enhanced mass production techniques resulting in

improved product performance and reduced costs. Since 2024 the push for global carbon neutrality alongside considerable price

reductions due to supply-demand imbalances has further amplified the competitiveness of solar power generation. These

transformations position solar energy as a robust and viable alternative in the energy landscape.

(1) Solar installations break global records

In 2024 the global energy transition continued to accelerate. Driven by technological advancements efficiency improvements

cost reductions and policy support worldwide photovoltaic installations sustained robust growth. According to data released by

BloombergNEF global PV additions reached 599 GW in 2024 a 35% year-on-year increase setting another record high. By the end

of 2024 cumulative global PV capacity exceeded 2 TW. Projections indicate that by the end of 2025 total installed PV capacity will

surpass that of coal-fired power becoming the world’s largest power source by capacity.Data Source: BloombergNEF (BNEF)

(2) Higher GW-scale adoption with great potential from emerging markets

In 2024 the leading photovoltaic markets included China the United States India Germany Brazil Spain Pakistan Türkiye

Saudi Arabia and Italy which together represented over 75% of the global market share. Concurrently the rapid decline in solar power

generation costs has catalyzed the growth of GW-scale markets. According to BloombergNEF the number of countries and regions

achieving GW-scale solar installations rose to 36 in 2024 an increase of 4 compared with 2023with expectations to reach 40 by 2025.

112024 Annual Report of JA Solar Technology Co. Ltd.

Data Source: BloombergNEF (BNEF)

(3) Bright future for global PV expansion

At the 28th United Nations Climate Change Conference (COP28) in Dubai UAE in 2023 over 100 nations forged a pivotal

agreement to triple global renewable energy capacity to a minimum of 11.2 TW by 2030. This commitment was further solidified at

the G7 Summit in June 2024 and the G20 Environment and Climate Sustainability Ministerial Meeting in October 2024 where

actionable strategies to combat climate change were proposed.The global photovoltaic market in 2025 presents a landscape of simultaneous opportunities and challenges. Propelled by the

ongoing energy transition and robust new energy investments global PV installations are poised for continued growth. Nonetheless

the industry faces significant uncertainties including heightened power system balancing challenges due to increased renewable

penetration price volatility from market overcapacity geopolitical influences on key demand and rising trade barriers alongside

localization requirements.In 2025 China Europe and the United States will continue to dominate the global photovoltaic market although their growth

rates are expected to gradually decelerate. Concurrently emerging markets in Southeast Asia Latin America and the Middle East are

witnessing significant increases in PV installations. This surge is driven by persistent electricity demand and urgent energy transition

requirements resulting in these regions capturing an expanding share of the global market.China: According to data from the China Photovoltaic Industry Association China’s newly installed photovoltaic capacity

reached 277.57 GW (AC side) in 2024 indicating a 28.3% year-on-year increase. This achievement solidifies China’s position as the

global leader in PV capacity for the eleventh consecutive year. Cumulatively the nation’s installed PV capacity has exceeded 880 GW

maintaining its status as the world’s top provider for the nineth consecutive year. Looking ahead to 2025 policies such as the National

Energy Administration’s Distributed PV Power Generation Development and Construction Management Measures (GNFXNG [2025]

No. 7) and the National Development and Reform Commission’s Notice on Deepening Market-Oriented Reform of New Energy Feed-

in Tariffs (NDRCJG [2025] No.136) are set to influence market dynamics. Consequently there will be a concentration of new PV

projects and grid connections in the first half of the year while the second half may experience volatility. As a result China’s growth

in PV installations is expected to moderate in 2025.Europe: According to a report by Solar Power Europe the 27 EU countries added 65.5 GW of new photovoltaic (PV) capacity in

2024 reflecting a year-on-year increase of 4.4% from 62.8 GW in 2023. This growth however is significantly below the 41-53%

expansion rates experienced between 2021 and 2023. Looking ahead the association projects that Europe will achieve 70 GW of new

installations in 2025 under a medium scenario bolstered by a robust pipeline of utility-scale projects registered in the past two years.Nevertheless anticipated grid connection constraints and prevailing market uncertainties are expected to impede growth to

122024 Annual Report of JA Solar Technology Co. Ltd.

approximately 3% in 2026. Overall annual PV additions in Europe are forecasted to sustain a growth rate of 3-7% from 2025 to 2028

with Germany Spain and Italy poised to lead the market collectively contributing 139 GW—representing 46% of Europe’s total

installations.Data Source: SolarPower Europe with 2025-2030 data from forecasts

United States: In September 2024 the U.S. government escalated tariffs on Chinese photovoltaic products to 50% under Section

301. Subsequently from February to April 2025 further tariffs were imposed on Chinese exports heightening duties on PV products

entering the U.S. market. In addition the U.S. Department of Commerce launched anti-dumping and countervailing investigations

concerning PV products from four Southeast Asian nations: Vietnam Thailand Malaysia and Cambodia. By April 2025 final

determinations indicated proposed tariffs of nearly 400% on Thailand and Vietnam 651.85% on Cambodia and 34.41% on Malaysia.Non-compliant companies faced significantly higher tariffs whereas some complying firms benefitted from reduced rates or

exemptions. Following the return of Donald Trump to office in 2025 uncertainty lingers regarding the future of the Inflation Reduction

Act (IRA) policies. Nonetheless investment growth in emerging industries continues with BloombergNEF forecasting an increase in

U.S. PV installations from 49 GW (DC side) in 2024 to 54 GW in 2025 primarily driven by rising demand from technology companies

for renewable energy.

2. Overview of Global Photovoltaic Supply Chain

In 2024 multiple segments of the global photovoltaic industry chain demonstrated significant growth as reported by PV Infolink.Polysilicon production capacity surged nearly 50% year-on-year to reach 3.07 million tons—approximately 1426 GW. Furthermore

silicon wafer capacity experienced anincrease of 23% totaling 1147 GW while module production capacity rose 15% to attain 1350

GW.In 2024 despite a notable increase in global photovoltaic installations totaling 600 GW this addition fell significantly short of the

production capacity exceeding 1100 GW across various industry segments. This discrepancy highlights a pronounced structural and

periodic oversupply within the market. Consequently the imbalance between supply and demand triggered substantial price declines

throughout the PV value chain. Data from the China Photovoltaic Industry Association indicate that polysilicon prices plummeted by

over 39% silicon wafers by more than 50% solar cells by over 30% and modules by over 29%. This rapid price erosion severely

compressed corporate profit margins resulting in industry-wide losses and contributing to the bankruptcy of several small and medium-

sized enterprises.The global photovoltaic supply chain is predominantly concentrated in China with PV Infolink data revealing that the country

accounted for 95% of global polysilicon production capacity 96% of silicon wafers 91% of solar cells and 81% of modules in 2024.In response to the prevailing supply-demand imbalance Chinese authorities have initiated comprehensive policy measures aimed at

fostering a more sustainable industry landscape. These interventions include stricter investment requirements targeted support for

leading enterprises and enhanced intellectual property protections. A significant development occurred in November 2024 with the

Ministry of Industry and Information Technology's release of the Photovoltaic Manufacturing Industry Standards (2024 Edition) which

established rigorous criteria for new or expanded projects across nine critical dimensions including facility siting production

technologies resource efficiency and environmental compliance.

3. Industry Cyclicality

Fueled by the global energy transition and an increasing commitment to climate change mitigation solar photovoltaic power has

rapidly developed into a cornerstone of clean and renewable energy driving the worldwide energy revolution. As the PV industry scales

and matures its growth patterns reveal cyclical characteristics influenced by a range of economic technological and regulatory factors

underscoring its dynamic evolution.Policy factors are critical determinants of the cyclical fluctuations observed within the photovoltaic industry. The advancement of

the PV sector is intricately linked to strategic policy decisions underscored by a global consensus on green development that fosters a

continuous introduction of supportive industrial measures worldwide. These policies establish stable expectations regarding both

132024 Annual Report of JA Solar Technology Co. Ltd.

market growth and feed-in tariffs providing a reliable framework for investment and expansion. While the current global landscape of

energy policies universally promotes clean energy generation—solar power being a primary beneficiary—temporary adjustments may

emerge in specific regions such as the United States. Nonetheless it is highly unlikely that any fundamental policy reversals or dramatic

shifts will occur in the foreseeable future.Market demand evolution is a pivotal factor shaping the development of the photovoltaic industry. The sector is closely linked to

macroeconomic conditions particularly in terms of electricity consumption patterns and changes in the power mix. As solar PV reaches

grid parity in emerging markets the growth mechanisms are shifting from being policy-driven to demand-driven. This transition

heightens the industry’s sensitivity to market fluctuations and reinforces its cyclical nature. With demand growth slowing in key

markets and grid integration challenges intensifying the industry is poised for significant adjustments ahead.Technological iteration and capacity optimization are essential cyclical drivers within the photovoltaic industry. Continuous

advancements in PV technology—such as innovative photovoltaic materials high-efficiency modules and intelligent solar systems—

propel the sector’s development. However the market adoption of these emerging technologies necessitates an incubation period.During this transitional phase as novel technologies gradually supplant conventional options companies typically allocate substantial

investments to enhance production capacity. The simultaneous introduction of new capacity throughout the value chain often results in

temporary overcapacity and inventory accumulation. Nonetheless from a long-term perspective the gradual phasing out of outdated

and inefficient production facilities will prompt industrial restructuring paving the way for a new growth cycle in the sector.

4. JA Solar’s Position in the Industry

JA Solar stands as a prominent leader in photovoltaic product solutions and is among China’s pioneering solar enterprises. It has

established a comprehensive industrial chain that includes solar silicon rods wafers cells modules energy storage systems and the

development construction and operation of photovoltaic power plants along with photovoltaic materials and equipment. This

integrated value chain solidifies JA Solar’s position as one of the industry’s most vertically coordinated and structurally balanced

leaders.In recent years JA Solar has markedly enhanced its photovoltaic product supply capabilities through strategic capacity expansion

and the extension of its industrial chain. This proactive approach has enabled the organization to effectively address the growing and

diverse demands of the downstream market thereby solidifying its leadership position within the solar industry. According to PV

InfoLink the Company has consistently ranked among the world’s top photovoltaic module suppliers achieving a top-three position

in 2024. Furthermore building on its module advantage JA Solar successfully passed the evaluation to be included once again in the

national Manufacturing Single-Category Champion list recognized as a fifth-batch champion enterprise in March 2024.JA Solar has distinguished itself as a frontrunner in the photovoltaic industry demonstrating exceptional accomplishments in

technological research and development as well as product innovation. The Company prioritizes the advancement of next-generation

solar cell technologies to significantly enhance photoelectric conversion efficiency striving toward theoretical limits. JA Solar is also

dedicated to reducing production costs for emerging solar cell technologies fostering continuous improvements in both technical

capabilities and market competitiveness throughout the solar photovoltaic value chain. Notably in June 2024 PVEL a leading

independent PV testing organization released its 2024 PV Module Reliability Scorecard in which JA Solar was recognized as a Top

Performer module supplier for the ninth consecutive year underscoring its commitment to product reliability. Furthermore in July

2024 JA Solar achieved the highest ranking in the TOPCon mass-production size cell efficiency category in the Solar Cell Efficiency

Tables (Version 64) published in the esteemed Journal Progress in Photovoltaics by an international research team led by Professor

Martin Green at the University of New South Wales.

142024 Annual Report of JA Solar Technology Co. Ltd.

II. Core Business Operations During the Reporting Period

The Company operates within a vertically integrated framework across the solar photovoltaic industry chain demonstrating an

unwavering commitment to delivering comprehensive PV system solutions to global clients. Its core business encompasses the research

and development production and sales of solar silicon wafers cells modules and energy storage systems. Additionally the Company

engages in the development construction and operation of solar power plants alongside the research manufacturing and distribution

of photovoltaic materials and equipment. With strategically positioned production facilities both domestically and internationally its

Chinese manufacturing bases span Inner Mongolia Hebei Jiangsu Anhui Shanghai Zhejiang and Yunnan provinces. Furthermore it

operates an established facility in B?c Giang Vietnam with an upcoming plant in Oman currently in preparation reinforcing its global

presence and operational capabilities.The Company is strategically enhancing its organizational framework within the Photovoltaic and Energy Storage Business Group

which serves as the backbone of its industry chain. By establishing the Smart Energy Business Group the Company is significantly

amplifying investments in downstream photovoltaic applications thereby accelerating the development and construction of utility-

scale commercial and residential distributed PV power plants. In tandem it is actively exploring diverse PV application scenarios and

crafting comprehensive energy solutions that incorporate energy efficiency resource recycling energy storage and carbon management.Furthermore the formation of the Materials and Equipment Business Group exemplifies the Company’s commitment to advancing

research and development of innovative PV materials and manufacturing equipment—such as junction boxes encapsulant films and

ribbon wires—ensuring a stable supply chain while continuously driving cost reductions.Guided by the principle of seeking progress while maintaining stability reducing costs and improving efficiency the Company

is poised to enhance its intelligent photovoltaic manufacturing operations. By refining its new photovoltaic materials and equipment

business and actively developing downstream solar power applications this strategic framework effectively positions the Company to

deliver superior comprehensive energy system solutions to customers globally.(I) Main businesses and products

1. Photovoltaic and Energy Storage Business Group

(1) Silicon rods and wafers

The Company procures upstream raw materials—polysiliconand utilizes crystal pulling technology in monocrystalline furnaces

to produce silicon rods which are then processed into wafers through cutting operations.The Company specializes in the production of monocrystalline silicon wafers integral to the manufacturing of high-efficiency

solar cells. A significant majority of the silicon rods and wafers produced are designated for internal processing with a smaller fraction

allocated for external sales. Through continuous advancements in crystal pulling technology the monthly production capacity of silicon

rods per furnace has markedly increased while production costs have diminished establishing benchmarks within the industry.Furthermore innovations in wire diameter and material consumption during wire sawing combined with expedited ramp-up cycles

and reduced costs for large-size wafers robustly underpin the Company’s strategic initiatives in high-efficiency cells and high-power

modules.

(2) PV cells

The Company utilizes the silicon wafers it produces for manufacturing cells which are mainly used for internal processing into

modules with only a limited quantity of wafers sold externally. The Company’s cell technology predominantly includes n-type

Bycium+. As the Company’s new cell projects smoothly commence and reach full production there is a substantial increase in

conversion efficiency and a noticeable decrease in production costs. Large-sized cells now stand at the forefront of the industry in terms

152024 Annual Report of JA Solar Technology Co. Ltd.

of both conversion efficiency and production costs.The Company’s latest n-type Bycium+ cell at mass production stage has achieved a highest conversion efficiency of 27%. The

manufacturing process will continue to undergo improvements to further reduce production costs and enhance the cost-effectiveness.

(3) PV modules

The Company processes both internally produced cells and externally purchased ones through encapsulation processes to

manufacture modules which constitute its primary end products for sales. The primary customers for these modules include domestic

and international photovoltaic power plant investors engineering contractors as well as distributors of distributed photovoltaic systems.The Company’s main module products consist of monocrystalline MBB half-cut modules double glass/single-glass modules and high-

density modules. These products are available in specifications primarily featuring 54 66 72 and 78 cells. High-power modules based

on large-sized silicon wafer technology high-efficient cell technology high-performance encapsulation materials and high-density

packaging techniques meet the mainstream demands across various market applications. Furthermore the Company can customize the

development of photovoltaic modules to meet customers’ requirements for specific application scenarios.Leveraging its independent research and development capabilities the Company has successfully introduced several market-

leading products that significantly enhance client value and address diverse application needs. In 2024 the Company upgraded its

DeepBlue 4.0 Pro technology launching three notable innovations: (1) Offshore PV Series - SKYBLUE and OCEANBLUE Modules:

These modules deliver an impressive power output of up to 650W and achieve 23.3% efficiency. They build upon the flagship

advantages of JA Solar’s n-type DeepBlue 4.0 Pro including high power efficiency energy yield and reliability. Additionally these

modules are engineered to resist salt mist UV exposure humidity and hot spots thereby ensuring robust return on investment for

offshore installations. (2) 0BB (Busbar-less) Cell Solutions: Drawing from decades of expertise in busbar design this innovative

solution enhances light absorption while minimizing internal resistance and low-angle light loss resulting in an efficiency of 655W

and 23.5%. The application of low-temperature soldering techniques reduces thermal stress and mitigates the formation of microcracks

thus improving overall reliability. (3) Bycium+-Based Anti-Soiling Single-Glass Modules: These advanced modules with a power

output of 655W and 23.5% efficiency showcase industry-leading performance. They utilize advanced encapsulation technology to

prevent moisture corrosion and are equipped with patented self-cleaning frames that improve drainage combat soiling-induced power

loss mitigate bottom-edge hot spots and ultimately reduce operations and maintenance costs.In early 2025 the Company proudly introduced the DeepBlue 5.0 ultra-high-performance module a significant advancement in

solar technology. This module is grounded in the proprietary Bycium+ 5.0 cell technology platform which integrates cutting-edge

innovations including advanced structural optimization material enhancements and upgraded electrical architecture. Notably the

DeepBlue 5.0 achieves exceptional performance metrics with a power output of 670W and a conversion efficiency of 24.8%.Furthermore leveraging the Company’s strengths in intelligent manufacturing and quality control this module upholds the renowned

reliability characteristic of the DeepBlue product family. Its adaptability across diverse environmental conditions—extreme cold high

altitudes arid heat sandstorms humid heat and marine settings—establishes a new benchmark for ultra-high-performance solar

modules adept for various application scenarios.The technological advancements and practical applications of these products exemplify JA Solar’s strong commitment to its

product design philosophy of Creating Value for Customers.

(4) Energy Storage Systems

The Company exemplifies unwavering dedication to technological innovation and business model evolution within the energy

storage sector. It offers comprehensive solar-plus-storage solutions through three specialized product series: the BlueStar residential

energy storage system for residential applications the BluePlanet commercial and industrial energy storage system designed for

business use and the BlueGalaxy grid-side energy storage system tailored for utility-scale solar plants.The Company has successfully launched an integrated residential solar-storage solution designed specifically for household

applications featuring both all-in-one and split-type systems to accommodate diverse customer requirements. These innovations ensure

simplified installation safe and efficient operation and advanced maintenance capabilities. Following successful deployment in

European markets in 2023 the residential solar-storage systems are poised for further expansion into African and South American

markets in 2024.The BluePlanet commercial and industrial energy storage series meticulously engineered for business applications employs an

innovative all-in-one design that integrates battery cells liquid cooling systems temperature regulation fire protection and 3S systems

(BMS/PCS/EMS). This sophisticated configuration results in an impressive system efficiency exceeding 89.5%. Successfully deployed

in both domestic and international markets in 2024 these industrial storage solutions have been instrumental in advancing distributed

energy initiatives and zero-carbon park projects significantly reducing electricity costs for end-users.The Company has introduced its cutting-edge BlueGalaxy grid-side energy storage series designed specifically for large-scale

commercial industrial and utility power plant applications. This air-liquid hybrid cooled system boasts capacities ranging from 2MWh

to 5MWh. According to test reports from the China Electric Power Research Institute these operational energy storage systems have

achieved an impressive efficiency of 88.93% positioning them among the highest performance levels in the industry.The three energy storage system series are highly versatile applicable across generation-side grid-side and user-side contexts.The Company confidently offers comprehensive “one-stop” solar-storage solutions covering project consultation site assessment

system design engineering implementation and intelligent operation and maintenance throughout the project lifecycle.

162024 Annual Report of JA Solar Technology Co. Ltd.

2. Smart Energy Business Group

The Smart Energy Business Group is resolutely dedicated to establishing itself as a premier global provider of one-stop zero-

carbon solutions. By harnessing a wide array of clean energy technologies energy efficiency strategies and resource recycling systems

it offers integrated energy operation solutions characterized by coordinated multi-energy complementarity systematic multi-process

integration and synergistic multi-scenario development.The business group operates through three business units: Zero-Carbon Energy Business Unit Utility-Scale Business Unit and

International Business Unit. It employs a dual-strategy framework that effectively integrates Products + Systems and Systems +

Services. In the context of power market liberalization the business group has positioned solar-storage generation systems at its core

thereby developing robust solution capabilities for various scenarios including utility-scale plants distributed generation systems and

urban PV+ applications. By leveraging advanced design capabilities cloud computing and big data analytics the business group

continuously enhances its EPC engineering smart O&M and integrated energy services thereby empowering diverse application

scenarios and leading the way in sustainable global energy integration.As of December 31 2024 the Company’s operational photovoltaic power plant portfolio achieved an impressive scale of

approximately 3.7 GW.

3. Materials and Equipment Business Group

To address supply chain risks foster technological innovation optimize costs and enhance overall competitiveness the Materials

and Equipment Business Group has implemented a horizontal integration development strategy centered on photovoltaic materials and

manufacturing equipment. This strategy effectively bolsters business specialization and promotes strategic synergy within the core

industrial chain. The business group currently focuses on producing essential products including photovoltaic materials such as

junction boxes encapsulant films and ribbon wires along with crystal pulling equipment. While maintaining operational stability the

group is resolutely increasing its proportion of high-tech products and advancing its R&D capabilities into core technologies.(II) Operation models

1. Photovoltaic and Energy Storage Business Group

(1) Procurement model

The Company relies on essential raw and auxiliary materials including polysilicon diamond wires pastes glass and backsheets

to sustain its production processes. The Supply Chain Management Department effectively oversees procurement by employing a

hybrid centralized-decentralized purchasing model. This strategy facilitates continuous communication with suppliers while closely

monitoring fluctuations in end-market demand and upstream material markets. Consequently this approach not only ensures a stable

supply of raw materials for uninterrupted production but also enhances material quality minimizes procurement costs and guarantees

timely delivery of products to customers.

(2) Production model

Following the cost-effectiveness principle the Company predominantly operates on a “make-to-order” model where production

aligns with customer orders. Furthermore the Company keeps limited stock of high-demand mainstream products.The Company’s production facilities both domestically and internationally are equipped with the full production capabilities for

the photovoltaic industry chain spanning from crystal pulling to wafer slicing cell manufacturing and module assembly. In addition

to capitalizing on the cost advantages of domestic production facilities we have our solar modules from manufacturing plants in

Southeast Asia cater to global customers ensuring supply to customers. In addition to the main industry chain the Company produces

a small quantity of auxiliary materials to ensure their supply and combine technological innovation with main industry chain to drive

down costs for these materials.Typically the production department taking into account the specific capabilities of each manufacturing facility schedules

production based on detailed customer order requirements including product type specifications and delivery deadlines. Ultimately

each production facility completes the production. What is more headquarters and all production facilities have implemented a

comprehensive set of management protocols including Production Process Management Procedures Safe Production Management

Procedures and Pollution Emission Control Procedures to ensure the orderly execution of production activities and compliance with

safety and environmental regulations.

(3) Sale model and settlement model

The Company mainly produces silicon wafers cells and modules. A limited quantity of intermediate products from the Company

such as silicon wafers and solar cells are sold or produced on behalf of customers while the majority undergo further processing into

modules for external sales. The Company’s sales department oversees both domestic and international sales operations. The

international sales team has been localized to provide efficient product sales and technical support to overseas customers. The Company

formulates tailored sales strategies to suit the distinct characteristics of different global photovoltaic markets. In emerging markets it

employs a direct sales approach supported by distribution. With the ongoing maturation of the photovoltaic market the distribution

proportion in various countries and regions is witnessing a notable increase.In terms of settlement model full prepayment is generally mandated prior to shipment. For post-shipment payments it is essential

to secure irrevocable letters of credit bank guarantees or comprehensive credit coverage from approved insurance providers before

dispatch. Established clients possessing a strong credit profile may be eligible for credit terms ranging from one to three months.Domestic transactions exclusively accept wire transfers or bank drafts (with maturities not exceeding six months) from pre-approved

172024 Annual Report of JA Solar Technology Co. Ltd.

institutions while international orders accommodate only wire transfers or letters of credit with terms limited to three months.

(4) R&D model

The Company’s R&D activities primarily involve two approaches: independent R&D and collaborative R&D with third parties.The Company focuses mainly on independent R&D boasting a highly efficient team of R&D personnel. These individuals are

primarily cultivated internally possessing strong research capabilities and extensive experience particularly in silicon wafers cells

and module technologies. While ensuring the stability of core technical personnel the Company vigorously recruits top-notch R&D

professionals to keep up with the fast-paced technological advancements and production processes in the photovoltaic industry. To

support its operations across the full photovoltaic industry chain the Company has instituted a comprehensive R&D framework

comprising the Crystalline Silicon R&D Center Cell R&D Center Module R&D Center and Energy Storage R&D Center. These

centers engage in ongoing research and development activities and drive enhancements in production processes within the photovoltaic

sector.At the same time the Company highly values research and development collaborations with third parties. Adopting a model that

integrates “Industry-University-Research (IUR)” is pivotal to the Company’s R&D endeavors. It has forged extensive partnerships

with renowned universities research institutions and international companies worldwide. Through these collaborations the Company

introduces and develops cutting-edge photovoltaic technologies thereby accelerating the pace of industrialization. Furthermore the

Company joins various standard organizations and industry alliances contributing to the formulation and promotion of national and

industry photovoltaic standards.

2. Smart Energy Business Group

(1) Procurement model

The primary products required for power plant investment and construction include photovoltaic modules inverters combiner

boxes compact substations cables mounting structures and other electrical equipment. Among these photovoltaic modules are

produced in-house. The business unit has established a Supply Chain Management department responsible for implementing

procurement plans. It adopts a procurement model that combines centralized tendering-based procurement with occasional price

comparison-based procurement.

(2) Operation model

The Company primarily operates through two business models: independent investment and cooperative development. In the

independent investment model market development personnel actively seek opportunities for power plant investments secure

construction quotas and independently finance construction. The Company then generates revenue through self-operation or by selling

through transfer of these power plants. In terms of cooperative development the Company collaborates with clients (owners) and other

investors through various means to generate revenue through business models such as Build-Operate-Transfer and Energy Management

Contracting.The Zero-Carbon Energy Business Unit effectively manages a diverse portfolio that includes distributed commercial and industrial

(C&I) solar plants residential photovoltaic systems and innovative urban PV+ applications. This comprehensive approach

encompasses a range of clean energy solutions advanced energy-saving technologies carbon reduction initiatives industrial

wastewater/sludge treatment carbon asset management and electricity market trading. Revenue generation for distributed C&I projects

is achieved through several avenues including joint development Engineering Procurement and Construction (EPC) services Energy

Performance Contracting (EPC) plant investments and asset transfers. Focusing on the residential PV sector in East and South China

the unit operates through extensive dealer networks utilizing roof leasing agreements and turnkey system sales bolstered by robust

post-installation services such as electricity billing systems operation and maintenance management asset transfer facilitation and

channel partner oversight. In the villa markets it provides integrated solar-energy-storage-charging (SSC) systems through dealers

offering customized all-in-one solutions and full lifecycle energy management services. This strategic approach maximizes space

utilization—leveraging roofs courtyards parking spots and terraces—while employing intelligent multi-scene adaptation to create

low-carbon smart and eco-friendly home energy ecosystems that empower personalized household energy stewardship.The Utility-Scale Business Unit concentrates on centralized power plant initiatives aligning with national mega-base programs

for new energy and provincial renewable energy development plans that incorporate local socioeconomic needs. The Company engages

in collaborative investments and the construction of utility-scale solar plants with regional governments. Following grid connection

operations are managed through either self-operated power generation and maintenance or by utilizing third-party evaluations to

negotiate sales to other renewable energy operators at competitive market prices based on thorough cost-benefit analyses.The International Business Unit is committed to cultivating localized clean energy solutions across the globe. It provides

comprehensive investment-construction-operation lifecycle services specifically tailored to the unique needs of host countries. Its

diverse portfolio includes greenfield projects PPA-based initiatives solar-storage-charging (SSC) hybrid systems and zero-carbon

industrial parks. Through these innovative business models the unit significantly propels the global transition to renewable energy

infrastructure while promoting the sustainable development of clean power worldwide.

(3) Sale model and settlement model

Utility-scale power plants employ a full grid feed-in electricity sales model wherein all generated power is linked to the grid with

prices established through market-based trading mechanisms. Furthermore a segment of this electricity can command premium pricing

through green power transactions with rates for green electricity determined by market dynamics.

182024 Annual Report of JA Solar Technology Co. Ltd.

Distributed commercial and industrial (C&I) solar plants predominantly utilize the self-consumption with surplus grid feed-in

model. In this framework the Company enters Energy Management Contracts (EMC) with clients wherein generated electricity is

primarily sold to rooftop owners at negotiated rates while any excess is directed to the grid at prevailing market prices. The electricity

fed into the grid initially engages in a price differential settlement mechanism with any remaining volumes settled at market-traded

rates. Notably projects registered and grid-connected prior to May 1 2025 retain the option to adopt the full feed-in model employing

settlement methods akin to those of utility-scale plants. This model reflects a strategic and adaptive approach to energy management

in response to evolving policy landscapes.Residential solar systems already in operation can maintain the full feed-in model adhering to existing tariff structures that align

with current pricing policies generally capped at the local coal-based benchmark rate. Conversely new projects are required to

implement market-based pricing mechanisms. Moreover the Company provides residential solar-storage systems effectively

generating revenue through both equipment sales and energy stewardship services.

3. Materials and Equipment Business Group

(1) Procurement model

To minimize overall procurement costs the Materials and Equipment Business Group employs a centralized purchasing model.The Procurement Department engages in continuous communication and collaboration with suppliers while diligently monitoring

downstream customer demand and upstream raw material market conditions. This strategy effectively secures a stable supply of raw

materials optimizes procurement expenditures and ensures the timely delivery of products to customers.

(2) Production model

The Materials and Equipment Business Group employs a make-to-order with moderate inventory production strategy that

effectively aligns with market demand. While certain high-value or rapidly evolving technology products eschew proactive stockpiling

the majority of items are produced based on confirmed orders supported by judiciously maintained safety stock. This balanced

demand-driven approach enhanced by a strategic inventory buffer ensures that the organization remains agile and responsive to market

fluctuations.

(3) Sale model and settlement model

The Materials and Equipment Business Group predominantly utilizes a direct sales model enabling a comprehensive

understanding of customer needs and preferences. Payment terms and credit periods for settlements are product-specific carefully

established based on market-oriented principles.

(4) R&D model

The Materials and Equipment Business Group employs a primarily in-house research and development strategy complemented

by strategic collaborative efforts. To adeptly monitor technological advancements in photovoltaic materials and equipment the business

group is committed to enhancing its independent R&D team increasing investments in innovation optimizing production processes

and reducing manufacturing costs all of which are designed to provide enhanced value to customers.III. Analysis of Core Competitiveness

1. Synergistic Development of Three Business Groups

Since 2010 the Company has transformed from a singular solar cell manufacturer into a fully integrated player within the

photovoltaic industry. Over the past two decades it has developed a synergistic ecosystem comprised of three principal business groups:

Photovoltaics and Energy Storage Business Group Smart Energy Business Group and Materials and Equipment Business Group. The

Photovoltaics and Energy Storage Business Group encompasses the entire production chain from silicon wafers and cells to modules

and energy storage systems. By the end of 2024 the Company's ambitions include achieving a remarkable 100 GW in module

production capacity with wafer and cell capacities projected to surpass 80% and 70% of module output respectively. This vertical

alignment enables stringent quality control over product performance and durability concurrently mitigating supply chain risks. The

Smart Energy Business Group actively drives the development construction operation and marketing of solar power plants including

zero-carbon industrial parks. These projects not only enhance module shipments but also function as practical platforms for product

innovation. Meanwhile the Materials and Equipment Business Group delivers essential supporting products—such as crystal pulling

equipment conductive materials and encapsulation components—while pioneering new technologies and business models aimed at

balancing revenue growth with cost efficiency. This comprehensive operational model cultivates profound industry expertise across

all photovoltaic segments promotes collaboration in supply chain management manufacturing quality assurance logistics and energy

applications and ultimately strengthens the Company’s pricing power and comprehensive competitiveness.

2. Global Deployment Capabilities

Since its inception the Company has adopted a robust global development strategy. While maintaining a strong focus on

established photovoltaic markets such as China Europe the United States and Japan it has pursued expansion into emerging markets

across Southeast Asia Australia Latin America the Middle East and Africa. The establishment of 16 overseas sales subsidiaries has

enabled a far-reaching service network that spans 178 countries and regions. Overseas offices have evolved from mere product

distribution points into regional operational centers equipped with comprehensive capabilities including technical support financial

192024 Annual Report of JA Solar Technology Co. Ltd.

services legal compliance and logistics management. Coupled with future overseas production facilities and localized supply chain

development these centers will function as fully autonomous regional hubs enhancing operational efficiency and effectiveness.The Company capitalizes on the inherent quality and cost advantages of its domestic production bases to serve both Chinese and

global markets effectively. To bolster its international service capabilities it operates PV manufacturing facilities in Southeast Asia

and is establishing a new plant in Oman. This initiative is integral to a comprehensive globalization strategy that encompasses R&D

procurement production sales and service thereby ensuring the delivery of high-performance solar modules at competitive costs

worldwide.The Company’s global deployment strategy adeptly mitigates regional market downturns and international trade disputes

fostering stable growth. This approach ensures consistency in technology research and development production line enhancements

and equipment investments cultivating a virtuous cycle that reinforces long-term competitiveness.

3. Technology Innovation Leadership

JA Solar effectively implements an innovative research and development (R&D) strategy characterized by the mass-producing

one generation reserving one generation and developing one generation. This approach allows the Company to continuously enhance

its investment in research and innovation thereby significantly improving its technological capabilities. JA Solar’s R&D team is

comprised of highly qualified scientists and graduates with advanced degrees from prestigious institutions worldwide specializing in

semiconductors electronics chemistry and materials science. This expertise facilitates a profound understanding of cutting-edge

photovoltaic technologies and emerging trends. The Company has established dedicated R&D centers focusing on silicon materials

cells modules and energy storage. Furthermore it actively collaborates with esteemed global universities and research institutions. A

systematic R&D management framework has been established to streamline processes and motivate the team fostering a culture of

proactive technological advancement. As of December 2024 JA Solar has secured 1899 patents including 1031 invention patents

which fortify its intellectual property portfolio.JA Solar has strategically positioned itself at the forefront of the solar energy industry through substantial investments in research

and development. The Company has achieved significant advancements in cell and module technologies demonstrating superior

conversion efficiency power output quality and cost-effectiveness. In 2022 JA Solar launched its inaugural n-type high-efficiency

module DeepBlue 4.0 followed by the enhanced DeepBlue 4.0 Pro in 2023. By 2024 the Company set a benchmark by achieving

world records for mass-production-sized cells notably in TOPCon cell efficiency and open-circuit voltage reaching 748.6 mV. At the

2025 World Future Energy Summit in the UAE JA Solar introduced the DeepBlue 5.0 series taking pride in a remarkable module

conversion efficiency of 24.8%. These innovations utilizing Bycium+ 5.0 cell technology with optimized designs also achieve an

exceptional bifaciality factor of 85% and outstanding low-light performance. JA Solar's technological leadership has been

acknowledged globally with several overseas projects receiving prestigious awards including the 2024 MIIT BRI Energy International

Cooperation Best Practice Award and the NEA Small but Beautiful Energy International Cooperation Best Practice Award.

4. Premium Quality and Brand Equity

JA Solar has established an extensive quality management system that comprehensively oversees the entire industry chain

meticulously managing each phase from research and development to procurement production testing shipment and logistics. This

systematic approach ensures the delivery of high-quality products while significantly enhancing customer value. By adhering to

integrity-driven practices JA Solar guarantees the reliability of its products and services fostering trust and support from clients

globally. The Company's commitment to quality has garnered recognition from major strategic partners culminating in lasting

partnerships with leading solar project developers EPC firms and distributors across international markets.JA Solar’s commitment to exceptional product quality is underscored by the accolades its manufacturing facilities in Ningjin

Hefei and Yangzhou have received achieving provincial-level quality awards. Notably by the end of 2024 JA Solar has been

recognized with the Overall Highest Achiever award by the Renewable Energy Test Center (RETC) for five consecutive years.Furthermore the Company has consistently been designated as a Top Performer by PVEL a leading independent PV testing agency

for nine years running. JA Solar has also earned the prestigious Top Brand PV title from EuPD Research across multiple countries

including Germany France Poland Italy the Netherlands Switzerland Australia and Vietnam. The Company sustains its competitive

edge by being classified as a Tier 1 bankable brand by BloombergNEF for a decade and achieving PVModuleTech’s AAA bankability

rating and received the IFF Global Green Finance Award. The TüV Rheinland’s “All Quality Matters” Solar & Storage Award and

TüV NORD’s Solar & Storage Quality Efficiency Award reflect the Company’s unwavering commitment to quality and innovation

in the solar industry.

5. Digital-Intelligent Operations

The Company is resolutely committed to high-quality development actively pursuing opportunities to enhance operations through

digitalization and intelligent technologies. By integrating automated guided vehicles (AGVs) 5G networks artificial intelligence (AI)

and other advanced solutions into its production facilities the Company markedly improves workforce productivity and product quality.Its comprehensive production management system integrates seamlessly with core business platforms facilitating fluid data and

workflow connectivity across all facets of manufacturing including equipment processes quality control warehousing operations

and industrial engineering. This strategic approach to visual management provides robust digital and intelligent support for real-time

decision-making quality enhancement cost reduction and efficiency optimization throughout all manufacturing bases.

202024 Annual Report of JA Solar Technology Co. Ltd.

During the wafer production stage the Company has implemented an advanced production analysis system that facilitates

continuous 24 hours real-time monitoring and automatic alerts for production data. This strategic use of digital intelligence enables

precise quality control of silicon wafers. In cell manufacturing each facility aggregates quality and process data to construct a

comprehensive quality management system thereby ensuring standardized quality control protocols. To enhance equipment reliability

the Company employs state-of-the-art automated systems including monocrystalline batch texturing machines low-pressure soft-

landing diffusion systems and fully automated electroluminescence (EL) inspection systems. These technologies facilitate end-to-end

intelligent process control and monitoring. In module assembly production lines are outfitted with cutting-edge automation—dual-

track high-speed stringers dual-chamber laminators fully automated framing machines and auto-aligners featuring industrial-grade

robotic arms. This infrastructure offers high adaptability enabling seamless synchronization across processes and efficient switching

of product specifications. Furthermore the Company has developed a robust in-house fault management system empowering

production managers to swiftly identify issues and receive real-time failure alerts thus reinforcing operational efficiency.By the end of 2024 JA Solar’s manufacturing facilities in Fengxian Hefei Xingtai and Baotou were prominently included in the

Ministry of Industry and Information Technology's (MIIT) Smart PV Pilot Demonstration Enterprise catalog. Moreover the Ningjin

Fengxian and Yangzhou plants garnered recognition as MIIT Intelligent Manufacturing Model Factories. Notably the smart

manufacturing initiatives at the Yangzhou and Yiwu sites were selected as exemplary Outstanding Intelligent Manufacturing Scenarios

by MIIT. The strategic implementation of digital-intelligent technologies has significantly augmented production output lowered costs

improved product cost-performance ratios and enhanced JA Solar’s competitive position in the market.

6. Efficient and Robust Management System

JA Solar’s core management team possessing over a decade of extensive experience in the photovoltaic industry has consistently

maintained a forward-looking perspective on sector development. Having adeptly navigated various industry cycles the team is

committed to delivering high-quality products and services while offering profound insights into global PV technology trends and

business evolution. In late 2024 the Company spearheaded an organizational transformation implementing a collaborative

management framework that integrates business operations product technology supply chain and functional support. This strategic

restructuring optimizes resource allocation and substantially enhances operational efficiency.JA Solar has strategically cultivated a robust portfolio of competitive advantages effectively integrating industry influence

operational management risk control technological innovation and market expansion. This comprehensive approach propels the

Company toward sustainable growth characterized by low-cost high-quality and efficient operations while ensuring resilience amid

various industry cycles. Since its inception in 2005 JA Solar has navigated a range of significant challenges including the global

financial crisis U.S. and EU anti-dumping measures China’s “531 Policy” and ongoing structural and cyclical overcapacity within

the photovoltaic supply chain. Despite these market fluctuations and continuous technological disruptions JA Solar has consistently

established itself as a top-tier global player maintaining a position among the world’s four leading module suppliers by annual

shipments for over a decade.

7. Green and Low-Carbon Practices

JA Solar has solidified its commitment to sustainability through its G2G (Green to Green Green to Grow Green to Great)

philosophy strategy and vision which are closely aligned with the United Nations Sustainable Development Goals (SDGs). As a

frontrunner in clean energy the Company prioritizes green manufacturing throughout the entire product lifecycle seamlessly

integrating environmental stewardship into its research and development procurement production logistics and recycling processes.Moreover JA Solar has developed a 6+ Green Ecosystem that encompasses green factories advanced technologies and products

sustainable supply chains renewable energy procurement eco-conscious office and lifestyle initiatives and awareness campaigns.This comprehensive framework effectively minimizes environmental impact and resource consumption reinforcing JA Solar's mission

as a low-carbon resource-efficient and environmentally responsible enterprise. In addition to ensuring regulatory compliance the

Company actively contributes to China's dual carbon goals and global net-zero commitments.As of the end of 2024 six of JA Solar’s production bases have been recognized on the MIIT national-level Green Factory list.The Company’s flagship products have successfully obtained carbon footprint certification from Certisolis in France as well as

Environmental Product Declaration (EPD) assessments from both Norway and Italy and eco-label certification from South Korea.Additionally JA Solar products are featured in the National Development and Reform Commission's (NDRC) Green Technology

Promotion Catalog and the MIIT’s Green Design Product catalog. Due to its exceptional progress in green development JA Solar has

been honored as a Green Design Demonstration Enterprise by the MIIT and recognized as a Best Practice Case for Green and Low-

Carbon Development by the China Federation of Industrial Economics.IV. Analysis of Main Businesses

1. Overview

With the increasingly prominent global issues of structural energy shortages environmental pollution and climate change

actively promoting an energy revolution and vigorously developing clean energy have become critical strategic choices for countries

to foster new economic growth drivers and achieve sustainable development. The advancement of photovoltaic technology and the

212024 Annual Report of JA Solar Technology Co. Ltd.

cost of solar power generation continues to decrease makes photovoltaics the most competitive clean energy source. The increasing

demand for electricity driven by economic and social development coupled with global efforts to accelerate the carbon neutrality

process and global heightened attention to energy security has positioned photovoltaics as the preferred choice for energy transition

worldwide. Market demand will be the driving force behind the ongoing high-quality development of the photovoltaic industry.The rapid expansion of the industry has intensified market competition significantly. Since 2023 newly added production

capacity throughout the supply chain has gradually come online resulting in supply-demand imbalances. This has led to a dramatic

decline in prices across the industrial chain with numerous segments falling below cost levels causing widespread losses.Consequently production line shutdowns project delays and cancellations have become increasingly prevalent signaling the

industry's shift toward a necessary phase of supply-side reform.Amid heightened market competition significant price declines for products and increasingly challenging conditions in

international trade the profitability of the Company’s core business has faced substantial deterioration during the reporting period.Upon identifying potential indicators of impairment in long-term assets the Company undertook impairment tests. Following a

thorough evaluation it recognized significant asset impairment provisions in accordance with accounting standards substantially

affecting its financial performance. During the reporting period the Company reported operating revenue of 70120697000 yuan a

net profit attributable to shareholders of -4655.943.800 yuan total assets of 112958012300 yuan and shareholders’ equity of

27896247500 yuan.

During the reporting period the Company implemented the following key measures to address mounting industry challenges:

1. Leveraging core strengths to drive shipment growth

During the reporting period the Company effectively utilized its extensive global marketing service network and brand reputation

to enhance market expansion efforts. This strategy resulted in a substantial year-over-year increase in cell and module shipments which

totaled 79.447 GW(including 1.544 GW self-use). Notably overseas module shipments comprised approximately 49% of the total.

2. Advancing technological innovation to enhance product competitiveness

The Company is committed to long-term investments in technological research and development and process innovation. Driven

by market demand and informed by rigorous technical research the R&D team focuses on process improvements to enhance

technological leadership. In 2024 R&D expenditures reached 3.711 billion yuan constituting 5.29% of total revenue. By the end of

the reporting period the Company held 1899 valid patents which included 1031 invention patents.In early 2025 the Company introduced the revolutionary DeepBlue 5.0 ultra-high-performance module engineered to provide

exceptional value to clients while accommodating a wide range of application needs. This state-of-the-art product grounded in the

proprietary Bycium+ 5.0 cell technology platform incorporates advanced structural optimizations material enhancements and

improved electrical architecture. As a result the module achieves an impressive 670W power output and 24.8% conversion efficiency.Drawing on the Company’s strengths in intelligent manufacturing and rigorous quality control the DeepBlue 5.0 not only maintains

the proven reliability of the DeepBlue product family but also demonstrates remarkable adaptability across extreme environments

including polar conditions high-altitude terrains arid deserts humid tropics and marine settings. This innovation establishes a new

benchmark for ultra-high-performance modules ensuring comprehensive compatibility across diverse scenarios.

3. Accelerating n-type cell capacity ramp-up for cost efficiency

During the reporting period the Company successfully accelerated the production of n-type cells resulting in marked

improvements in product yield conversion efficiency and reduced manufacturing costs. Its large-format cells now set industry

benchmarks for both efficiency and cost-effectiveness. By the end of 2024 the Company achieved a module production capacity of

100 GW with wafer and cell capacities exceeding 80% and 70% of module output respectively. Moreover the transition from p-type

to n-type technology in cell production has been fully realized.The latest n-type Bycium+ cells have achieved an impressive mass-production conversion efficiency of up to 27%. Ongoing

process improvements are strategically focused on further lowering production costs while enhancing overall cost-performance

competitiveness.

4. Optimizing overseas production footprint to advance globalization

In response to the rising tide of international trade protectionism the strategic deployment of globalized production capacity is

essential. Aligned with its globalization development strategy the Company actively expedited 6GW high-efficiency solar cell and a

3GW high-power module production facility in Oman thereby significantly enhancing our ability to meet the needs of our global

clientele.

5. Repurchasing shares to establish long-term incentives

In a clear demonstration of confidence in its future growth and recognition of its intrinsic value the Company has enacted a long-

term incentive mechanism through the approval of a share repurchase plan valued between 400 million yuan and 800 million yuan.This decision takes into account operational performance business prospects financial health and expected profitability. As of October

29 2024 following the end of the repurchase period the Company successfully executed the buyback through centralized bidding on

the Shenzhen Stock Exchange acquiring 26945700 shares at prices ranging from 9.71 to 22.16 yuan per share. The total expenditure

amounted to 489990021.55 yuan excluding taxes and transaction fees thereby officially concluding the repurchase initiative.

6. Issuing cash dividends to improve investor returns

During the reporting period the Company successfully executed its 2023 profit distribution plan. Based on 3285192903

outstanding shares (total outstanding shares of 3309669203 minus 24476300 repurchased shares) it declared a cash dividend of

222024 Annual Report of JA Solar Technology Co. Ltd.

5.63 yuan per 10 shares (tax inclusive) resulting in a total distribution of 1.849 billion yuan. Coupled with the 2.109 billion yuan

allocated for share repurchases the total payout represented an impressive 30% of the 2023 net profit attributable to shareholders as

reflected in the consolidated financial statements.

7. Elevating digital and intelligent level for an efficient operational system

The Company explored the use of digitization and intelligence to empower business development enhancing operational

efficiency and facilitating cost reduction. We continued to reinforce our team and capabilities in data information enhancing

information security. We have completed the establishment and optimization of management systems including marketing

manufacturing operations logistics and finance. We established the Intelligent Manufacturing Research Institute and elevated the

intelligent manufacturing capabilities across our various facilities. Several units have been recognized at the national level as Intelligent

Manufacturing Demonstration Factory and for their Excellence in Intelligent Manufacturing Scenarios. The integration of digital and

intelligent technologies has markedly increased production output lowered manufacturing costs improved product cost-performance

ratios and bolstered market competitiveness.

8. Deepening the sustainable development strategy to promote the high-quality business development

Guided by the sustainability philosophy of Building a Green Cycle Seeking Green Development Together and Creating a Green

Future the Company has implemented a comprehensive green manufacturing system where resource conservation and efficient

utilization are emphasized and digital technology and intelligent manufacturing are extensively employed to establish green intelligent

manufacturing facilities. The Company strategically collaborates with both upstream and downstream supply chain partners to establish

a carbon-neutral ecosystem while concurrently addressing its social responsibilities through initiatives such as charitable donations

disaster relief and educational support. Notably six of its manufacturing facilities have achieved recognition as national-level Green

Factories. The Company has also obtained prestigious accolades including an AAA ESG rating from the SinoSec Index and the

EcoVadis Silver Medal for sustainability performance. For three consecutive years it has published comprehensive Sustainability and

ESG Reports effectively communicating its values and propelling high-quality development.

2. Revenue and cost

(1) Operating revenue composition

Unit: Yuan

20242023

Percent of Percent of YoY growth

Amount Amount operating revenue operating revenue

Total operating

70120697029.73100%81556177236.98100%-14.02%

revenue

Industry

New energy 70120697029.73 100.00% 81556177236.98 100.00% -14.02%

Product

PV modules 66627740897.28 95.02% 78174617903.22 95.86% -14.77%

Operation of

photovoltaic 1242289894.94 1.77% 843274457.51 1.03% 47.32%

powerplants

Others 2250666237.51 3.21% 2538284876.25 3.11% -11.33%

Region

Domestic 29701012209.25 42.36% 37128416721.90 45.53% -20.00%

Americas 16386094109.62 23.37% 13571634350.71 16.64% 20.74%

Europe 12726712255.65 18.15% 17619601271.02 21.60% -27.77%

Asia and

9010975935.0912.85%11142627268.2213.66%-19.13%

Oceania

Africa and

2295902520.123.27%2093897625.132.57%9.65%

Others

Sale model

Direct sale 56122809226.84 80.04% 59428565574.59 72.87% -5.56%

Dealership/

13997887802.8919.96%22127611662.3927.13%-36.74%

distribution

232024 Annual Report of JA Solar Technology Co. Ltd.

(2) Industries products regions and sale models that account for over 10% of the operating revenue or operating profit

□Applicable □ Not applicable

Unit: Yuan

Gross YoY change of YoY change

YoY change of Operating revenue Operating cost profit operating of gross

operating cost

margin revenue profit margin

Industry

New energy 70120697029.73 66979216270.41 4.48% -14.02% -0.28% -13.17%

Product

PV modules 66627740897.28 63413018052.91 4.82% -14.77% -1.34% -12.96%

Region

Domestic 29701012209.25 32069945835.07 -7.98% -20.00% -1.72% -20.09%

Americas 16386094109.62 11235383255.96 31.43% 20.74% 29.48% -4.63%

Europe 12726712255.65 13173793281.96 -3.51% -27.77% -13.39% -17.19%

Asia and

9010975935.098235502183.118.61%-19.13%-6.91%-11.99%

Oceania

Sale model

Direct sale 56122809226.84 51732679968.45 7.82% -5.56% 7.46% -11.18%

Dealership/

13997887802.8915246536301.96-8.92%-36.74%-19.86%-22.95%

distribution

If modifications are made to the statistical scope for reporting core business data during the reporting period the Company presents

the adjusted core business data for the latest year based on the scopey effective at the reporting period's conclusion.□ Applicable □

Not applicable

(3) Sales revenue greater than service revenue

□ Yes □ No

Industry Item Unit 2024 2023 YoY growth

Sale MW 72675.51 53145.46 36.75%

New energy Production MW 73177.141 59953.472 22.06%

Inventory MW 8024.96 9073.91 -11.56%

Note: 1 included volumeproduced on behalf of clients.

2 included volumeproduced on behalf of clients.

Reasons for YoY changes greater than 30%

□Applicable □ Not applicable

The Company has seen a substantial increase in sales volume and production volume levels in 2024 compared to 2023 reflecting the

expansion of its production and sales scale. The sales volume of 2024 does not include the Company’s self-use quantity of 1543.95

megawatts.

(4) Fulfillment of major existing purchase or sales contracts as of the end of the reporting period

□ Applicable □ Not applicable

(5) Operating cost composition

Industry and product

Unit: Yuan

Industry Item 2024 2023 YoY growth

242024 Annual Report of JA Solar Technology Co. Ltd.

Percent of Percent of

Amount Amount

operating cost operating cost

New energy Operating cost 66979216270.41 100.00% 67163948649.19 100.00% -0.28%

Unit: Yuan

20242023

Product Item Percent of Percent of YoY growth

Amount Amount

operating cost operating cost

PV modules Material cost 42243848264.71 66.62% 47550397346.66 73.98% -11.16%

Direct labor

PV modules 2739917336.41 4.32% 2562641098.79 3.99% 6.92%

cost

Manufacturing

PV modules 13963566498.82 22.02% 11058756555.68 17.20% 26.27%

expense

Fulfillment

PV modules 4465685952.97 7.04% 3104123798.65 4.83% 43.86%

costs and others

Remarks

None.

(6) Scope of consolidation changed or not in the reporting period

□ Yes □ No

The entities included in the scope of consolidated financial statements for this period have changed compared to the previous period.Refer to Section X Financial Statements of this 2024 Annual Report.

(7) Significant changes or adjustments in businesses products or services in the reporting period

□ Applicable □ Not applicable

(8) Major customers and suppliers

Main customers

Combined sales amount from top five customers (yuan) 13741636722.07

Combined sales amount from top five customers as a percentage

19.59%

of the annual total sales

Related party sales amount within the combined sales amount

0.00%

from top five customers as a percentage of the annual total sales

Top 5 customers

No. Customer name Sales amount (yuan) Percent of annual total sales

1 First 3469383769.42 4.95%

2 Second 3157427345.53 4.50%

3 Third 2526487345.19 3.60%

4 Fourth 2352278262.01 3.35%

5 Fifth 2236059999.92 3.19%

Total -- 13741636722.07 19.59%

Additional information on main customers

□ Applicable □ Not applicable

Main suppliers

Combined purchase amount to top five suppliers 9613668559.25

Combined purchase amount to top five suppliers as a

21.66%

percentage of the annual total purchases

Related-party purchase amount within the combined

2.52%

purchase amount to top five suppliers as a percentage

252024 Annual Report of JA Solar Technology Co. Ltd.

of the annual total purchases

Top 5 suppliers

Percent of annual total

No. Supplier name Purchase amount (yuan)

purchases

1 Supplier one 2372693307.02 5.34%

2 Supplier two 2170510025.37 4.89%

3 Supplier three 1738955321.60 3.92%

4 Supplier four 1673199318.00 3.77%

5 Supplier five 1658310587.26 3.74%

Total -- 9613668559.25 21.66%

Additional information on main suppliers

□ Applicable □ Not applicable

3. Expenses

Unit: Yuan

Remarks on significant 2024 2023 YoY growth

changes

Primarily attributable

to higher professional

service fees and

Sales expense 1077841072.90 989182196.02 8.96%

marketing/exhibition

expenses compared to

the previous year

Mainly due to reduced

Management expense 2006853598.56 2345294394.91 -14.43% employee

compensation

Resulted from a

combination of lower

foreign exchange

Financial expense 548882847.38 -359870372.75 252.52%

gains increased

interest income and

higher financing costs

Chiefly caused by

R&D expense 986673572.66 1142079441.86 -13.61% decreased R&D

material expenditures.

4. R&D expenditure

□Applicable □ Not applicable

Expected impact on the

Key R&D project

Purpose Progress Objective Company’s

name

development

The investment in n-

type high-quality

monocrystalline 6.0

Reducing the oxygen Monocrystalline

Research and technology particularly

content in n-type oxygen content

development of n-type aimed at further

monocrystalline to Large-scale reduced by ≥3ppm

high-quality reducing oxygen

enhance minority deployment minority carrier

monocrystalline 6.0 content and enhancing

carrier lifetime in the lifetime improved by

technology minority carrier

monocrystalline silicon ≥20%

lifetime will

significantly improve

the conversion

262024 Annual Report of JA Solar Technology Co. Ltd.

efficiency yield rate

and reliability of n-type

monocrystalline cells.The cost of AI technology will

Empowering crystal

monocrystalline significantly advance

growth with AI

technology will be the photovoltaic

technology by

reduced by more than industry by

Research and dynamically

10% facilitating a establishing intelligent

development of AI- optimizing process

comprehensive factories characterized

driven intelligent parameters enabling R&D pilot phase

restructuring of the by a dual-helix

crystal pulling material genome

human-machine structure which

technology engineering design

capability matrix and seamlessly integrates

and intelligently

resulting in the an AI execution layer

diagnosing crystal

reduction of over 25% with a human decision-

defects.of labor positions. making layer.The advancement and

implementation of This will provide

The large-size n-type

fifth-generation technology solutions

passivated contact cell

Large-size n-type Partial capacity TOPCon cell for mass production

technology will be

passivated contact cell upgraded to 5th-gen technology with the photovoltaic cells with

iteratively enhanced

technology upgrade technology module power increase higher conversion

and introduced into

of over 10W compared efficiency to meet

mass production.to the fourth market demand.generation.This will diversify the

product lineup of the

We are advancing the

Achieving full back- Company’s

research and

Mass production contact modules that photovoltaic modules

development of

solution development exhibit a 0.5% increase to bolster

innovative cost- Small-batch trial runs

for new back-contact in front-side efficiency competitiveness with

effective back-contact completed

cells (BC cells) and when compared to efficient premium

cells and modules

modules traditional TOPCon offerings tailored to

designed for scalable

modules. specific applications

mass production.like rooftops and

distributed systems.Achieving a

photoelectric

This will enhance the

Pilot production of HJT conversion efficiency

Development of high- Phase objectives Company’s technical

cells and continuously of >26.5% for

efficiency HJT cells at achieved transitioned capabilities in high-

improving efficiency heterojunction (HJT)

low costs to technology reserve efficiency cell

while reducing costs cells with the small-

technologies.scale trial production

done.Our objective is to

significantly enhance

This will result in

module load

stronger module

Enhancing the performance by over

Development of high- products improved

reliability of modules 30% while reducing

strength module Product pilot testing power generation and

and extending their costs and improving

technology greater adaptability to

lifespan aesthetics through

diverse application

meticulous equipment

scenarios.and process

optimization.Development of high- Our purpose is to The objective is to This will effectively

precision enhance module decrease silver reduce the cost per watt

Pilot testing

interconnection module efficiency reduce cost consumption in cell of high-efficiency

technology per watt and minimize production by more modules optimize their

272024 Annual Report of JA Solar Technology Co. Ltd.

precious metal than 10% effectively aesthetics and

consumption. lowering both the significantly enhance

Balance of System the competitiveness of

(BOS) and the our products.

Levelized Cost of

Energy (LCOE).Our purpose is to

effectively address the

The objective is to

Research and critical technical This will achieve a

design and validate a

demonstration challenges associated groundbreaking

large-scale

application of Key with 1500V DC milestone in energy

prefabricated energy

technologies for system integration Larg-scale deployment storage technology and

storage prototype

1500V high-voltage thereby establishing a products positioning

utilizing a 1500V

liquid-cooled energy cutting-edge high- us at the forefront of

high-voltage liquid-

storage systems voltage liquid-cooled the industry.cooled system.energy storage

technology platform.Our purpose is to

launch the JA Solar This will advance

The objective is to

Development of energy Nebula series of energy storage safety

address critical

storage EMS and cloud integrated energy and intelligent

Demonstration technical challenges in

platform for industrial management solutions evolution while

application data communication

and commercial achieving digital driving technology

system architecture

purposes. convergence of standardization and

and energy dispatch.business and cost reduction.technology.R&D personnel

2024 2023 Change (%)

Number of R&D staff 2471 2276 8.57%

Percent of R&D staff to total

4.92%6.98%-2.06%

staff

Education background of R&D staff

Bachelor’s degree 892 1005 -11.24%

Master 226 211 7.11%

Others 1030 1255 -17.93%

Age groups

Under 30 years old 491 914 -46.28%

30 to 40 years old 1336 1346 -0.74%

41 to 49 years old 296 194 52.58%

50 years old or above 25 17 47.06%

R&D expenditure

2024 2023 Change (%)

R&D expenditure (yuan) 3710699801.90 4445889371.64 -16.54%

R&D expenditure to

5.29% 5.45% -0.16bp

operating revenue

Capitalized R&D expenditure

0.000.000.00%

(Yuan)

Capitalized R&D expenditure

as a percentage of R&D 0.00% 0.00% 0.00bp

expenditure

Reasons for material changes in R&D staff structure and the impact on the Company’s development

282024 Annual Report of JA Solar Technology Co. Ltd.

□ Applicable □ Not applicable

Reason for significant YoY change in the ratio of total R&D expenditure to operating revenue

□ Applicable □ Not applicable

Reason and explanation for significant change in capitalized rate of R&D expenditure

□ Applicable □ Not applicable

5. Cash flows

Unit: Yuan

Item 2024 2023 YoY growth

Subtotal of cash inflows from

71723318225.9982674197341.42-13.25%

operating activities

Subtotal of cash outflows

68376742264.4570260051955.67-2.68%

from operating activities

Net cash flow generated from

3346575961.5412414145385.75-73.04%

operating activities

Subtotal of cash inflows from

760261847.93946049438.70-19.64%

investing activities

Subtotal of cash outflows

13872698113.0818739532616.39-25.97%

from investing activities

Net cash flow generated from

-13112436265.15-17793483177.6926.31%

investing activities

Subtotal of cash inflows from

28882053199.3316643936923.9073.53%

financing activities

Subtotal of cash outflows

13557813958.9810683584019.7326.90%

from financing activities

Net cash flow generated from

15324239240.355960352904.17157.10%

financing activities

Net increase in cash and cash

5808526306.21642612190.77803.89%

equivalents

Description on major factors for significant YoY changes

□Applicable □ Not applicable

1.The net cash inflow from operating activities experienced a notable year-over-year decline predominantly attributed to decreased

sales collections;

2.The net cash outflow from investing activities saw a significant reduction primarily due to decreased cash expenditures for long-

term asset acquisitions;

3.The net cash inflow from financing activities increased substantially driven largely by heightened borrowings during the current

period.Explanation for the significant difference between the net cash flows from operating activities and the net profit for the current period

□ Applicable □ Not applicable

V. Analysis of non-operating activities

□Applicable □ Not applicable

Unit: Yuan

Amount Percent of total profit Reason Sustainable or not

Primarily due to equity

Investment gain -9988113.66 0.19% No

change gains from

292024 Annual Report of JA Solar Technology Co. Ltd.

invested entities

realized losses on

foreign exchange

hedging settlements

and equity method

accounting losses.Mainly attributable to

unrealized mark-to-

Profit/loss from change

-248756571.01 4.79% market losses on No

in fair value

foreign exchange

hedging positions.Primarily from

impairment provisions

Asset impairment -3154379299.46 60.71% No

for long-term assets

etc.Primarily driven by

penalty income late

Non-operating revenue 27824209.61 -0.54% fee revenues and gains No

from non-current asset

disposals.This primarily

encompasses losses

from non-current asset

Non-operating cost 252148273.02 -4.85% disposals contract No

settlement payments

and penalty or late fee

costs.Primarily due to equity

change gains from

invested entities

realized losses on

foreign exchange

hedging settlements

and equity method

accounting losses.Items classified as

Primarily due to recurring profit or loss

government grants and according to

Other income 504266152.94 -9.71%

additional deductible Explanatory

VAT credits. Announcement No. 1

on Information

Disclosure by

Companies Offering

Securities to the

Public—Non-recurring

Gains and Losses

(2023 Revision) are

regarded as sustainable

and reliable.Primarily encompasses

impairment provisions

Credit impairment loss -174353188.35 3.36% No

for accounts receivable

and other receivables.Primarily due to loss

Gain on asset disposal -52235589.97 1.01% on scrap of non-current No

assets

302024 Annual Report of JA Solar Technology Co. Ltd.

VI. Assets and Liabilities

1. Significant changes in asset structure

Unit: Yuan

2024 close 2024 opening

Remarks on

Percent of Percent of Change in significant

Amount total Amount total percent changes

assets assets

Primarily due to

Cash at bank increased

25088742298.2622.21%15988433550.0715.00%7.21%

and in hand borrowings during

the current period.Accounts

8970826928.737.94%9165987673.618.60%-0.66%

receivable

Contract assets 131644.87 0.00% 65858189.43 0.06% -0.06%

Primarily due to

reduced ending

inventory

quantities lower

Inventories 10570741220.23 9.36% 14471851729.28 13.58% -4.22% unit product costs

and heightened

inventory

impairment

provisions.Investment

0.00%0.00%0.00%

properties

Long-term

equity 638728175.38 0.57% 899155598.20 0.84% -0.27%

investments

This primarily

reflects the

combined impact

of completed

transfers from

construction-in-

Fixed assets 41584089103.99 36.81% 36865874794.59 34.59% 2.22%

progress to fixed

assets and

increased

impairment

provisions for

fixed assets.This is primarily

attributable to the

Construction in transfer of

3244291543.722.87%9740436205.079.14%-6.27%

progress completed

projects to fixed

assets.Right-of-use

2258092914.012.00%1553847034.241.46%0.54%

assets

This is primarily

Short-term attributable to

8497626915.307.52%978591075.080.92%6.60%

borrowings new borrowings

secured during the

312024 Annual Report of JA Solar Technology Co. Ltd.

reporting period.Mainly resulting

Contract from decreased

3406761047.283.02%4872292085.694.57%-1.55%

liabilities advance payments

from customers.This is primarily

attributable to

Long-term

14241991898.84 12.61% 1476851872.71 1.39% 11.22% new borrowings

borrowings

secured during the

reporting period.Lease liabilities 1827807017.16 1.62% 1153292043.48 1.08% 0.54%

Other

1207797619.411.07%911046783.300.85%0.22%

receivables

Non-current

assets due 2871642531.35 2.54% 2668540265.43 2.50% 0.04%

within one year

Other current

3757903513.933.33%2846806290.022.67%0.66%

assets

Intangible

2162945535.821.91%2262783873.952.12%-0.21%

assets

Deferred tax

1257654931.561.11%932781800.670.88%0.23%

assets

Primarily driven

by an increase in

Other non- term deposits with

6366036604.615.64%4302895031.614.04%1.60%

current assets maturities

surpassing one

year.This primarily

indicates the

Notes payable 14345592887.14 12.70% 18609296613.85 17.46% -4.76% maturation of

notes payable

during the period.Accounts

9814115775.058.69%8816378706.338.27%0.42%

payable

This primarily

reflects the

settlement of

Other payables 10232056708.65 9.06% 14369723054.48 13.48% -4.42% outstanding

engineering and

equipment

payables.Non-current

liabilities due 1765458153.16 1.56% 824307166.77 0.77% 0.79%

within one year

Bonds payable 8623651496.24 7.63% 8359739960.81 7.84% -0.21%

This is mainly

attributable to a

Long-term rise in sale-

6404265944.855.67%3995002982.903.75%1.92%

payables leaseback

financing

arrangements.Estimated

1837744006.111.63%1518973691.701.43%0.20%

liabilities

Deferred

1254670681.651.11%1006703824.200.94%0.17%

revenue

322024 Annual Report of JA Solar Technology Co. Ltd.

High ratio of overseas assets

□Applicable □ Not applicable

Overseas

Control

assets as Existence

measures to

Specific Operation percentage of material

Reason Asset size Location safeguard Revenue asset model of impairment

asset

Company’s risks

security

net assets

JA Solar

establishment 6.639 billion Independently 2.226 billion

Vietnam Co. Vietnam Insurance 23.80% No

by investment yuan operated yuan

Ltd.

2. Assets and liabilities measured at fair value

□Applicable □ Not applicable

Unit: Yuan

Current Cumulative

Impairment

Opening profit/loss from change in fair Purchase in the Sale in the

Item provision in the Other changes Closing amount

amount change in fair value recorded current period current period

current period

value into equities

Financial assets

2. Derivative

11847761.02-8589922.996406301.47-6406301.47-1961301.591296536.44

financial assets

4. Other equity

99664681.07-18974177.43-39366955.8541323547.79

investments

5. Other non-

current 109366352.60 109366352.60

financial assets

Sub-total

943114132.33-8589922.99-12567875.96-45773257.32-78007854.28798175221.78

financial assets

Receivable

831601690.24-185412905.29646188784.95

financing

Total 943114132.33 -8589922.99 -12567875.96 -45773257.32 -78007854.28 798175221.78

Financial

0.00240166648.02240166648.02

liabilities

Other changes

The other changes stemmed primarily from equity fluctuations in invested entities alterations in accounts receivable financing and

foreign currency translation adjustments when consolidating the financial statements of overseas subsidiaries.Any significant changes in the measurement attributes of the major assets during the reporting period or not

□ Yes □ No

3. Main restricted assets at the end of the reporting periodRefer to Note 24 “assets with restrictive ownership titles or right-of use in in Section X Financial Statements of this Report for detailson restricted assets.VII. Investment Analysis

1. Overview

□Applicable □ Not applicable

Investment amount in the reporting period (yuan) Prior period Investment (yuan) Change

10015484148.8231281090982.03-67.98%

332024 Annual Report of JA Solar Technology Co. Ltd.

2. Significant equity investments acquired in the reporting period

□Applicable □ Not applicable

Unit: Yuan

Investme

nt gain or Litigatio

Investme Investme Disclosur

Investme Equity Sources Product Progress on the Expected loss in n Disclosure index

Investee name Main business nt Partner nt e date (if

nt form percent of funds type balance sheet date return the involved (if any)

amount duration any)

current or not

period

In July 2024 China Orient

Asset Management Co. Ltd.transferred its 23.07% equity

interest in JA (Yangzhou)

Solar Technology Co. Ltd.(“Yangzhou Cell”) to JASolar Holdings (“JA SolarHoldings”) for a

consideration of 2 billion

yuan. Following this

transaction the Group JA Solar Technology

increased its ownership stake Co. Ltd.in Yangzhou Cell to 94.23% Announcement on the

while ABC Financial Asset Acquisition of Partial

JA (Yangzhou) Self-funding Producing

Producing and Acquisition 250294444 Investment Co. Ltd. retained July 10 Equity in a Controlled

Solar Technology 100.00% and fund- None Long-term and selling No

selling solar cells 4.00 a 5.77% interest. 2024 Subsidiary –

Co. Ltd. raising solar cells

Consequently Yangzhou Cell Published on the

continued to be classified as CNINFO website

a consolidated subsidiary in (http://www.cninfo.co

the Group’s financial m.cn).statements. In August 2024

JA Solar further consolidated

its position by acquiring the

remaining 5.77% stake from

ABC Financial Asset

Investment Co. Ltd. for

502944444 yuan resulting

in the Group achieving

complete ownership of

Yangzhou Cell.

250294

Total -- -- -- -- -- -- -- -- 0.00 0.00 -- -- --

4444.00

3. Significant non-equity investments in progress in the reporting period

□Applicable □ Not applicable

Unit: Yuan

Cumulative Reason for

Cumulative

Amount return not meeting

Fixed asset investment

Investment Industry invested in the Sources of Project Expected realized by expected Disclosure

Project name investment or amount by the Disclosure index (if any)

form involved reporting funds progress return the end of the progress and date (if any)

not end of the

period reporting expected

reporting period

period return

30GW Annual Crystal For details please refer to

Self- Self-

Pulling 10GW Silicon Yes Photovoltaic 78210732.47 78210732.47 - June 06 2023 the announcement titled

construction funding

Wafer and 10GW Announcement on

342024 Annual Report of JA Solar Technology Co. Ltd.

Module Project in the Investment and Construction

Ordos High-Tech Zone of Integrated Production

Capacity published on the

CNINFO website

(http://www.cninfo.com.cn).Total -- -- -- 78210732.47 78210732.47 -- -- 0.00 0.00 -- -- --

4. Investments into financial assets

(1) Securities investments

□ Applicable □ Not applicable

The Company had no securities investments in the reporting period.

(2) Derivatives investments

□Applicable □ Not applicable

1) Derivative investments held for hedging in the reporting period

□Applicable □ Not applicable

Unit: 10000 yuan

Ratio of

closing

investment

Cumulative

Current Amount Amount sold amount to

Initial change in

Derivatives Opening profit/loss bought in the in the Closing the

investment fair value

investment type amount from change reporting reporting amount Company’s

amount recorded into

in fair value period period net assets at

equities

the end of

the reporting

period

Forward exchange

1256306.741256306.74-24875.66640.633614726.754776076.5594956.943.40%

options

Total 1256306.74 1256306.74 -24875.66 640.63 3614726.75 4776076.55 94956.94 3.40%

Accounting

policies and

principles for

This year the Company has successfully fulfilled the requirements for hedge accounting and has commenced its application. In alignment

hedging activities

with the Ministry of Finance’s Accounting Standards for Business Enterprises—specifically No. 22 (Recognition and Measurement of

in the reporting

Financial Instruments) No. 23 (Transfer of Financial Assets) No. 24 (Hedge Accounting) and No. 37 (Presentation of Financial

period and any

Instruments)—the Company has implemented appropriate accounting treatments for its hedging activities ensuring compliance and

significant changes

enhancing financial reporting accuracy.compared to the

previous reporting

period

Note on the actual

During the reporting period the income from fair value adjustments was -248756600 yuan and the settlement

profit/loss in the

income totaled -40763800 yuan.reporting period

The Company conducts regular meetings of its foreign exchange working group to evaluate current exposure positions analyze the

effectiveness of hedging strategies and ensure alignment with operational requirements. A rigorous one-to-one matching is maintained

Note on the effect

between hedging instruments and the underlying items encompassing currency amount and duration. Gains or losses from these hedging

of hedge activities

activities are designed to directly offset fluctuations in exchange gains or losses from foreign currency-denominated monetary items. This

strategic approach effectively mitigates risks associated with foreign exchange rate volatility.Sources of funds

for derivative Self-owned funds

investments

352024 Annual Report of JA Solar Technology Co. Ltd.

1. Market risk:

Throughout the duration of exchange derivatives revaluation gains or losses will accrue in each accounting period. Upon maturity

or forward delivery of exchange derivatives any disparity between the contracted exchange rate and the prevailing market rate on

Note on risk

the delivery date will yield actual transaction gains or losses. These gains or losses will offset the cumulative revaluation gains or

analysis and control losses resulting in investment gains or losses. Exchange derivative transactions are conducted with the principle of mitigating

measures for operational risks arising from exchange rate fluctuations and are not for speculative arbitrage trading.

2. Liquidity risk: Unreasonable purchases of foreign exchange derivatives can trigger liquidity risks. The trading scheme will be

derivative holdings

based on exchange assets and liabilities with a rigorous review of import and export contracts. It will involve prudent planning of

in the reporting exchange funds and timely selection of exchange derivatives including appropriate netting derivatives to reduce the demand for

period (including cash flow at maturity and ensure sufficient funds for settlement at delivery. All exchange derivative transactions will be conducted

but not limited to on the premise of normal trade business backgrounds with strengthened risk control over accounts receivable and strict

management of overdue receivables and bad debts.market risk 3. Fulfillment risk: The selection of inappropriate trading schemes could potentially expose the Company to fulfillment risks relating

liquidity risk credit to exchange derivatives. As such the Company will assess financial institutions with strong creditworthiness and with which the

risk operational Company has established long-term business relationships to mitigate any potential fulfillment risks.risk and legal risk) 4. Other risks: Unclear terms in exchange derivative contracts could potentially expose the Company to legal risk. The Company

will prudentially examine contract terms agreed upon with partners and rigorously adhere to risk management protocols to

mitigate legal risks.The changes in

prices or fair values

of derivatives held

in the reporting

period specific

The Company’s derivative investments encompass but are not limited to forward exchange contracts (fixed-date and option

methods and the

period) options and structured forward exchange contracts. Relevant parameters for fair value measurement are directly from the

settings of relevant

forward exchange contract rates provided by the principal banks.assumptions and

parameters should

be disclosed for the

analysis of the fair

values.Litigation (if

None

applicable)

Disclosure date of

board meeting

announcement

December 132023

regarding derivatives

investment approval

(if any)

Disclosure date of

general meeting

announcement

December 29 2023

regarding derivatives

investment approval

(if any)

2) Derivative investments held for speculation in the reporting period

□ Applicable □ Not applicable

The Company had not derivative investments held for speculation in the reporting period.

5. Use of raised funds

□Applicable □ Not applicable

(1) Overall use of raised funds

□Applicable □ Not applicable

Unit: 10000 yuan

Fundrai Fundraising Listing Total amount Net amount Total Cumulative Proportion of raised Total Cumulat Cumulative Total amount Purpose and Amount

sing method date raised raised amount amount used capital expended by amount ive amount used not used direction of idle for

362024 Annual Report of JA Solar Technology Co. Ltd.

year (1) used in the (2) reporting period end used for amount for other amount not more

current （3）=（2）/（1） other used for purpose as a used than two

period purpose in other percent of total years

the purpose amount raised

reporting

period

Refer to“Description ofPrivate placement Oct 30 Overall

2020520000515823.6718752.96507720.7398.43%000.00%8102.940

of shares 2020 Utilization of

Raised Funds

for details

Refer to“Description ofPrivate placement May 16 Overall

2021500000496867.9232136.09442472.6989.05%000.00%44395.230

of shares 2022 Utilization of

Raised Funds

for details

Refer to“Description ofPublic offering of

Aug 04 Overall

2023 convertible 896030.77 893384.8 163953.91 788671.77 88.28% 0 0 0.00% 114713.03 0

2023 Utilization of

corporate bonds

Raised Funds

for details

Total -- -- 1916030.77 1906076.39 214842.96 1738865.19 91.23% 0 0 0.00% 167211.2 -- 0

Description of overall utilization of raised funds

1.Approved by the China Securities Regulatory Commission in its Reply on Approving JA Solar Technology Co. Ltd.’s Private Placement (ZJXK

[2020] No.1759) the Company issued 244131455 RMB-denominated common shares (A-share) to 18 entities at an offering price of 21.3 yuan/share

and raised 5199999991.50 yuan in total. Net of the underwriting fee of 39245282.95 yuan (excluding tax) the remaining raised funds were

5160754708.55 yuan. After other relevant fees of 2518048.55 yuan (excluding tax) the actually raised funds were 5158236660.00 yuan. A total

of 187529600 yuan of the raised funds was used in the reporting period. As of the end of the reporting period a cumulative amount of 5077207300

yuan (including the self-funding that has been invested into the projects and later replaced by the raised funds) of the raised funds was used and the

amount not yet used was 81029400 yuan. Idle raised funds of 92000000 yuan were used for temporary supplementation of working capital and the

balance in the special account for raised funds was 2254100 yuan; the difference is from interest income on the special account for raised funds

handling charge expenditure and income on cash management of the raised funds.

2. Approved by the China Securities Regulatory Commission in its Reply on Approving JA Solar Technology Co. Ltd.’s Private Placement (ZJXK

[2022] No.430) the Company issued 74382624 RMB-denominated common shares (A-share) via a private placement an offering price of 67.22

yuan/share and raised 4999999985.28 yuan in total. Net of the underwriting fee of 31320754.63 yuan (excluding tax) the remaining raised funds

were 4968679230.65 yuan. In 2021 the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project financed through

a private share placement was successfully completed. The exact funding amount will be determined based on the bank settlement balance at the

time of transfer. A remaining capital balance of 357365500 yuan is slated for allocation to the Baotou JA (Phase III) 20GW Crystal Pulling and

Slicing Project which has a revised total investment of 4614930300 yuan. By December 31 2024 100000000 yuan from the leftover funds of the

private share placement for Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project had been transferred to the

special account designated for the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project. During the reporting period a total of 321360900

yuan in raised capital was utilized. Cumulatively as of the reporting period's close the total capital utilized reached 4424726900 yuan including

funds redirected to replace previously self-raised investments. The remaining balance of raised capital stands at 443952300 yuan with 445000000

yuan temporarily allocated to support working capital needs. The special account currently reflects a balance of 3498500 yuan inclusive of interest

income and handling charges incurred.

3.Approved by the China Securities Regulatory Commission in its Reply on Allowing JA Solar Technology Co. Ltd. to issue Convertible Bonds

(ZJXK [2023] No.1164) the Company issued convertible corporate bonds at a face value of 100 yuan/bond to raise at most 8960307700 yuan. The

total funds raised through this public offering were 8960307700.00 yuan and the net amount after offering fee was 8933848025.97 yuan. The

2021 private placement fundraising initiative for the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project has

been successfully concluded. The precise funding total will be confirmed in accordance with the bank settlement balance as of the transfer date. We

propose reallocating the remaining capital of 357365500 yuan to the 2023 public offering of convertible bonds for the Baotou JA (Phase III) 20GW

372024 Annual Report of JA Solar Technology Co. Ltd.

Crystal Pulling and Slicing Project which has an adjusted total investment of 9291213500 yuan. By December 31 2024 100000000 yuan from

the leftover funds of the private share placement for Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project had

been transferred to the special account designated for the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project During the reporting period

a total of 1639539100 yuan in raised capital was utilized. Cumulatively as of the reporting period's close the total capital utilized reached

7886717700 yuan including funds redirected to replace previously self-raised investments. The remaining balance of raised capital stands at

1147130300 yuan with 1112000000 yuan temporarily allocated to support working capital needs. The special account currently reflects a balance

of 41881200 yuan inclusive of interest income and handling charges incurred.

(2) Overview of Project Commitments Funded by Raised Capital

□Applicable □Not applicable

Unit：10000yuan

Cumulative

Project investment Cumulative

Committed Amount Date of Return

changed or Amount percentage benefits Expected Significant

Financing projects and Total Adjusted invested in project realized in

not invested in the by the end realized as return change in

project Listing date purpose of Project type committed committed the reaching the

(including reporting of the of the realized or project

name excessively raised amount amount (1) reporting usability reporting

partial period reporting reporting not feasibility

amount period status period

change) period (3) = period end

(2)/(1)

Committed project

Annual 5GW high-

efficiency cell and

Private

10GW module Production and

placement Oct 30 2020 No 370000 312603.9 18752.96 303222.96 97.00% 1 -76353.42 78580.68 No No

facilities with construction

of shares

supporting

facilities project

Private

Supplementing Supplementing Not

placement Oct 30 2020 No 145823.67 204497.76 0 204497.77 100.00% No

working capital working capital applicable

of shares

Annual 20GW

Monocrystalline

Private

Silicon Rods and Production and

placement May 16 2022 No 320000 284625.11 19277.51 270785.67 95.14% 2 -75338.28 221695.15 No No

20GW construction

of shares

Monocrystalline

Wafers Project

Private Pilot run for high-

Not

placement May 16 2022 efficiency cell R&D No 30000 30000 12858.58 24819.1 82.73% 3 No

applicable

of shares development

Private

Supplementing Supplementing Not

placement May 16 2022 No 146867.92 146867.92 0 146867.92 100.00% No

working capital working capital applicable

of shares

Public Baotou JA

offering of (Phase III)

Production and

convertible Aug 04 2023 20GW Crystal No 270000 305736.55 84482.99 278828.68 91.20% -73042.15 -52060.23 No No

construction

corporate Pulling and

bonds Slicing Project

Public Annual 10GW

offering of High-Efficiency

Production and

convertible Aug 04 2023 Cells and 5GW No 233448.46 233448.46 55286.85 156869.33 67.20% 4 -52764.66 -80707.88 No No

construction

corporate High-Efficiency

bonds Modules Project

Public Aug 04 2023 Annual 10GW Production and No 150000 150000 24184.07 113037.42 75.36% 5 -11175.24 -29420.4 No No

382024 Annual Report of JA Solar Technology Co. Ltd.

offering of High-Efficiency construction

convertible Solar Cells Project

corporate

bonds

Public

offering of

Supplementing Supplementing Not

convertible Aug 04 2023 No 239936.34 239936.34 0 239936.34 100.00% No

working capital working capital applicable

corporate

bonds

Subtotal committed projects -- 1906076.39 1907716.04 214842.96 1738865.19 -- -- -288673.75 138087.32 -- --

Use of over-raised funds

No over- Not

Aug 04 2023 Not applicable Not applicable No No

raised funds applicable

Total -- 1906076.39 1907716.04 214842.96 1738865.19 -- -- -288673.75 138087.32 -- --

1. The disclosure of projected benefit data is inapplicable to the supplementing working capital initiative.

2. Due to declining product prices in the photovoltaic industry several projects have not achieved their anticipated returns. These

projects include the Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with Supporting Facilities Project the

Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project the Baotou JA (Phase III) 20GW Crystal

Explanation of

Pulling and Slicing Project the Annual 10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project and the Annual 10GW

project delays and

High-Efficiency Solar Cells Project.expected return

3. The High-Efficiency Solar Cell R&D Pilot Project is a dedicated research and development initiative which inherently does not relate

shortfall and

to in projected benefit assessments.reason (including

4. The Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project has been executed in two distinct phases. Phase I encompassing

the reason for

10GW of crystal pulling and slicing commenced trial production in April 2023 followed by Phase II which initiated in October 2023.selecting “non-Both phases have now successfully achieved normal production conditions and ongoing construction activities are progressively beingapplicable” for

converted into fixed assets. However due to corporate-wide capacity planning adjustments certain delays in project construction have“expected returnoccurred. The civil engineering works are yet to finalize their accounting processes and some machinery is still awaiting acceptancerealized or not”)

inspection. As a result the project does not currently satisfy the criteria for final completion. Originally anticipated for completion

within 32 months (by June 2024) the project timeline has been revised to extend completion to June 2025. This extension was duly

approved by the 24th Meeting of the sixth board of directors and the 14th meeting of the sixth supervisory committee in light of the

prevailing circumstances and future project strategies.Note on

significant change

Not applicable

in project

feasibility

Amount

overraised

purpose and Not applicable

progress of such

amount

Change on

location of the Not applicable

project

Applicable6

Incurred during the reporting period

On December 19 2024 the 32nd meeting of the sixth board of directors and the 18th meeting of the sixth supervisory committee

convened followed by the Third Extraordinary General Meeting of Shareholders on December 30 2024 and the First Meeting of

Adjustment of Bondholders for JA Convertible Bonds on January 14 2025. During these critical meetings the Proposal to Modify the Implementation

Method of Certain Fundraising Investment Projects and Increase Capital in Subsidiaries was unanimously approved. Specifically the

implementation

resolution outlined modifications to the funding strategy for the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project and

method for the

the Yangzhou Annual 10GW High-Efficiency Solar Cells Project. The initial approach of extending loans to Baotou JA Solar Technology

project Co. Ltd. (“Baotou JA”) and JA (Yangzhou) Solar Technology Co. Ltd. (“Yangzhou JA”) will now transition to direct capital increases

for these subsidiaries. All other aspects of the projects will remain unchanged thereby ensuring continuity and stability in our operational

commitments.Capital Increase in Baotou JA: The Company has utilized 2009010600 yuan in raised capital to enhance its investment in JA Solar

Holdings. This capital infusion amounted to 2009010600 billion yuan directed to Yangzhou JA and 690989400 yuan to Hefei JA

392024 Annual Report of JA Solar Technology Co. Ltd.

Solar Technology Co. Ltd. (“Hefei JA”). Subsequently Yangzhou JA transferred 2009010600 yuan to Hefei JA which then allocated

the entire amount of 2.7 billion yuan to Baotou JA. This strategic multi-tiered capital increase will be executed solely through debt-to-

equity conversion thereby obviating cash flow transactions. Notably the transaction structure does not necessitate the establishment of

special raised capital accounts for the parties involved.Capital increase in Yangzhou JA: The Company employed 1.5 billion yuan in raised capital to bolster its investment in JA Solar

Holdings which subsequently transferred the entire amount to Yangzhou JA. This capital infusion will be implemented through two

primary methods: (i) the conversion of 1.14 billion yuan in existing loans from the Company to Yangzhou JA into equity and (ii) a cash

capital contribution of the remaining 360 million yuan that has yet to be loaned. The cash injection process necessitates the establishment

of a specialized raised capital account by JA Solar Holdings coupled with a dedicated supervisory agreement with the pertinent

custodian bank and sponsoring institution.Applicable

1. Early investment and later replacement of funds for projects funded via private placement in the year 2020

On September 25 2020 the 15th meeting of the 5th board of directors and the 10th meeting of the 5th supervisory committee of the

Company respectively approved the Proposal on Replacing Self-raised Funds Invested in Projects funded via Raised Funds. It was

agreed that the Company would utilize raised funds totaling 1605868435.04 yuan to replace the self-raised funds invested already in

these projects and the paid offering costs. BDO China Shu Lun Pan Certified Public Accountants LLP (Special General Partnership)

conducted a special audit on the Company’s use of self-raised funds for investment up to September 11 2020 and issued an Assurance

Report (XHSBZ [2020] No. ZB11680 and XHSBZ [2020] No. ZB11681) on JA Solar Technology Co. Ltd.’s Early Investment in Projects

Funded via Raised Funds. The sponsor China Securities Co. Ltd. provided verification opinions.

2. Early investment and later replacement of funds for projects funded via private placement in the year 2021

On April 29 2022 the 32nd meeting of the 5th board of directors and the 21st meeting of the 5th supervisory committee of the Company

Early investment respectively approved the Proposal on Replacing Self-raised Funds Invested in Projects funded via Raised Funds. It was agreed that the

and later Company would utilize raised funds totaling 570204647.20 yuan to replace self-raised funds invested already in these projects. BDO

replacement of China Shu Lun Pan Certified Public Accountants LLP (Special General Partnership) conducted a special audit on the Company’s use of

funds for these self-raised funds for investment up to April 15 2022 and issued an Assurance Report (XHSBZ [2022] No. ZB10624 and XHSBZ [2022]

projects No. ZB10625) on JA Solar Technology Co. Ltd.’s Early Investment in Projects Funded via Raised Funds. The sponsor CTIC Securities

Co. Ltd. provided verification opinions.

3. Early investment and later replacement of funds for projects funded via public offering of convertible corporate bonds in the year

2023

On July 27 2023 the 8th meeting of the 6th board of directors and the 8th meeting of the 6th supervisory committee of the Company

respectively approved the Proposal on Replacing Self-raised Funds Invested in Projects funded via Raised Funds. It was agreed that

the Company would utilize raised funds totaling 2072716606.56 yuan to replace self-raised funds invested already in these projects.KPMG Huazhen (Special General Partnership) conducted a special audit on the Company’s use of self-raised funds for investment up

to July 14 2023 and issued an Assurance Report (XHSBZ No. 2301528) on JA Solar Technology Co. Ltd.’s Early Investment through

its Self-raised Funds in Projects Funded via Raised Funds and its Payment of Offering Costs through its Self-raised Funds. The

sponsor CTIC Securities Co. Ltd. provided verification opinions.Applicable

1. Temporary supplementation of working capital with idle funds raised via private placement in the year 2020

On September 25 2020 the 15th meeting of the 5th board of directors and the 10th meeting of the 5th supervisory committee of the

Company respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was

agreed that the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement

working capital with idle raised funds not exceeding 2.4 billion yuan. The usage period would not exceed 12 months from the date of

approval by the board of directors (September 25 2020) and the funds would be promptly returned to the Company’s special account

for raised funds upon maturity. In the year 2020 the Company actually utilized idle raised funds to temporarily supplement working

capital in the amount of 2.4 billion yuan. As of July 14 2021 the Company fully returned the idle raised funds used for temporary

working capital supplementation to the special account for raised funds within the period not exceeding 12 months.Temporary On July 23 2021 the 25th meeting of the 5th board of directors and the 17th meeting of the 5th supervisory committee of the Company

supplementation respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

of working capital the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

with idle raised capital with idle raised funds not exceeding 1.9 billion yuan. The usage period would not exceed 12 months from the date of approval

funds by the board of directors (July 23 2021) and the funds would be promptly returned to the Company’s special account for raised funds

upon maturity. In the year 2021 the Company actually used idle raised funds of 1.9 billion yuan for temporary supplementation of

working capital. As of April 22 2022 the Company fully returned the idle raised funds used for temporary working capital

supplementation to the special account for raised funds within the period not exceeding 12 months.On April 29 2022 the 32nd meeting of the 5th board of directors and the 21st meeting of the 5th supervisory committee of the Company

respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

capital with idle raised funds not exceeding 4.3 billion yuan. Specifically a maximum of 1.5 billion yuan from the idle funds raised via

the private placement in the year 2020 intended for the Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with

Supporting Facilities Project would be used. The usage period would not exceed 12 months from the date of approval by the board of

directors (April 29 2022) and the funds would be promptly returned to the Company’s special account for raised funds upon maturity.

402024 Annual Report of JA Solar Technology Co. Ltd.

In the year 2022 the Company actually used idle raised funds of 1.5 billion yuan raised via the private placement in the year 2020

intended for the Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with Supporting Facilities Project to

temporarily supplement working capital. As of April 23 2023 the Company fully returned the idle raised funds used for temporary

working capital supplementation to the special account for raised funds within the period not exceeding 12 months.On April 26 2023 the 5th meeting of the 6th board of directors and the 5th meeting of the 6th supervisory committee of the Company

respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

capital with idle raised funds not exceeding 2.2 billion yuan. Specifically a maximum of 1.0 billion yuan from the idle funds raised via

the private placement in the year 2020 intended for the Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with

Supporting Facilities Project would be used. The usage period would not exceed 12 months from the date of approval by the board of

directors (April 26 2023) and the funds would be promptly returned to the Company’s special account for raised funds upon maturity.The Company actually utilized idle raised funds to temporarily supplement working capital in the amount of 1.0 billion yuan which was

raised via the private placement in the year 2020 for the project of Annual 5GW High-Efficiency Cells and 10GW High-Efficiency

Modules with Supporting Facilities Project. As of July 26 2023 the Company fully returned the idle raised funds used for temporary

working capital supplementation to the special storage account for raised funds within the period not exceeding 12 months.On July 27 2023 the 8th meeting of the 6th board of directors and the 8th meeting of the 6th supervisory committee of the Company

respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

capital with idle raised funds not exceeding 6.3 billion yuan. Specifically a maximum of 0.9 billion yuan from the idle funds raised via

the private placement in the year 2020 intended for the Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with

Supporting Facilities Project would be used. The usage period would not exceed 12 months from the date of approval by the board of

directors (July 27 2023) and the funds would be promptly returned to the Company’s special account for raised funds upon maturity.The Company actually used idle raised funds of 0.9 billion yuan raised via the private placement in the year 2020 intended for the

Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with Supporting Facilities Project to temporarily supplement

working capital. As of July 24 2024 the Company has returned all previously utilized idle raised capital to the designated special raised

capital account. This repayment occurred within a usage period not exceeding 12 months.On July 25 2024 the 25th meeting of the sixth board of directors alongside the 15th meeting of the sixth supervisory committee of the

Company ratified the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. This resolution

empowers the Company to allocate up to 2.76 billion yuan of idle raised capital to temporarily bolster its working capital while

simultaneously ensuring the seamless execution of ongoing fundraising investment projects. Specifically the resolution permits the

utilization of up to 150 million yuan from the idle capital associated with the 2020 private placement project namely the Annual 5GW

High-Efficiency Cells and 10GW High-Efficiency Modules with Supporting Facilities Project. The defined usage period for this amount

is capped at 12 months from the Board approval date. Importantly the funds will be returned to the Company’s special account upon

maturity. As of December 31 2024 the Company had effectively utilized the full 150 million yuan for temporary working capital

supplementation and had returned 58 million yuan leaving an outstanding balance of 92 million yuan. Additionally the balance in the

special account as of December 31 2024 was recorded at 2254066.04 yuan with available funds amounting to 94254066.04 yuan

accounting for 1.83% of the initial net raised capital. The fundraising project has reached completion and the surplus funds will be

permanently allocated to working capital. The Company will retain the special account until all final payments are fully resolved. Any

resultant residual funds from interest income after deducting handling charges will similarly be directed to augment working capital.

2. Temporary supplementation of working capital with idle funds raised via private placement in the year 2021

On April 29 2022 the 32nd meeting of the 5th board of directors and the 21st meeting of the 5th supervisory committee of the Company

respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

capital with idle raised funds not exceeding 4.3 billion yuan. Specifically a maximum of 2.6 billion yuan from the idle funds raised via

the private placement in the year 2021 intended for the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers

Project and a maximum of 2 billion yuan from the idle funds raised via the private placement in the year 2021 intended for the High-

Efficiency Solar Cell R&D Pilot Project would be used. The usage period would not exceed 12 months from the date of approval by the

board of directors (April 29 2022) and the funds would be promptly returned to the Company’s special account for raised funds upon

maturity. In the year 2022 the Company actually used idle raised funds of 2.6 billion yuan raised via the private placement in the year

2021 intended for the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project and the idle raised funds

of 2.0 billion yuan raised via the private placement in the year 2021 intended for the High-Efficiency Solar Cell R&D Pilot Project to

temporarily supplement working capital. As of April 23 2023 the Company fully returned the idle raised funds used for temporary

working capital supplementation to the special account for raised funds within the period not exceeding 12 months.On April 26 2023 the 5th meeting of the 6th board of directors and the 5th meeting of the 6th supervisory committee of the Company

respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

capital with idle raised funds not exceeding 2.2 billion yuan. Specifically a maximum of 1.0 billion yuan from the idle funds raised via

the private placement in the year 2021 intended for the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers

Project and a maximum of 0.2 billion yuan from the idle funds raised via the private placement in the year 2021 intended for the High-

Efficiency Solar Cell R&D Pilot Project would be used. The usage period would not exceed 12 months from the date of approval by the

412024 Annual Report of JA Solar Technology Co. Ltd.

board of directors (April 26 2023) and the funds would be promptly returned to the Company’s special account for raised funds upon

maturity. The Company utilized 1 billion yuan of idle raised capital from the 2021 private placement project specifically the Annual

20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project along with 200 million yuan from the High-Efficiency

Solar Cell R&D Pilot Project. As of July 26 2023 the Company has completely returned all temporarily utilized idle raised capital to

the special accounts adhering to the stipulated usage period of no more than 12 months.On July 27 2023 the 8th meeting of the 6th board of directors and the 8th meeting of the 6th supervisory committee of the Company

respectively approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. It was agreed that

the Company ensuring the normal implementation of projects funded by the raised funds would temporarily supplement working

capital with idle raised funds not exceeding 6.3 billion yuan. Specifically a maximum of 1.0 billion yuan from the idle funds raised via

the private placement in the year 2021 intended for the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers

Project and a maximum of 0.2 billion yuan from the idle funds raised via the private placement in the year 2021 intended for the High-

Efficiency Solar Cell R&D Pilot Project would be used. The usage period would not exceed 12 months from the date of approval by the

board of directors (July 27 2023) and the funds would be promptly returned to the Company’s special account for raised funds upon

maturity. The Company utilized 900 million yuan of idle raised capital from the 2021 private placement project specifically the Annual

20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project along with 200 million yuan from the High-Efficiency

Solar Cell R&D Pilot Project. As of July 23 2024 the Company has completely returned all temporarily utilized idle raised capital to

the special accounts adhering to the stipulated usage period of no more than 12 months.On July 25 2024 the 25th meeting of the sixth board of directors and the 15th meeting of the sixth supervisory committee convened to

review and approve the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. The board resolution

authorizes the Company to allocate up to 2.76 billion yuan of idle raised capital for temporary working capital purposes while ensuring

the continued execution of existing fundraising investment projects. This includes the disbursement of up to 550 million yuan from the

2021 private placement project specifically the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers

Project as well as up to 160 million yuan from the 2021 private placement project concerning the High-Efficiency Solar Cell R&D Pilot

Project. The authorized utilization period is confined to a maximum of 12 months from the date of board approval (July 25 2024) after

which the funds will be promptly returned to the Company’s special accounts for raised capital. To date the Company has utilized 550

million yuan from the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project for working capital

supplementation with 156 million yuan returned as of December 31 2024 leaving an outstanding balance of 394 million yuan.Furthermore 160 million yuan has been utilized from the High-Efficiency Solar Cell R&D Pilot Project with 109 million yuan returned

resulting in an outstanding balance of 51 million yuan. As of December 31 2024 the remaining unused balance within the special raised

capital accounts stands at 3498466.70 yuan while available funds total 448498466.70 yuan demonstrating a prudent management of

financial resources that represents 9.03% of the initial net raised capital.The Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project associated with this fundraising initiative

has reached completion resulting in a remaining raised capital of 357.3655 million yuan. In accordance with the approvals from the

26th meeting of the sixth board of directors the 16th meeting of the sixth supervisory committee and the Second Extraordinary General

Meeting of 2024 these surplus funds will be strategically reallocated to support the 2023 public offering of convertible bonds project

specifically the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project. The Company will retain the special raised capital

account for the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project until the settlement of all

outstanding final payments. It is important to note that any residual funds generated from net interest income after the deduction of

handling charges will be permanently designated to supplement working capital. The High-Efficiency Solar Cell R&D Pilot Project

was completed in December 2024 with no surplus funds remaining. The Company will maintain the project’s special account until all

pending final payments are complete. Any residual net interest income generated after transaction fees will continue to be allocated to

expenditures associated with this project.

3. Utilization of idle proceeds from 2023 public offering of convertible bonds for temporary working capital supplementation

On July 27 2023 the 8th meeting of the sixth board of directors and the 8th meeting of the sixth supervisory committee of the Company

approved the Proposal on Using Partial Idle Raised Funds to Temporarily Supplement Working Capital. The resolution authorizes the

allocation of up to 6.3 billion yuan in idle capital for this purpose while simultaneously ensuring the continued implementation of

various fundraising investment projects. Specifically the resolution permits the following allocations: up to 1.5 billion yuan from the

Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project up to 1.7 billion yuan from the Annual 10GW High-Efficiency Cells

and 5GW High-Efficiency Modules Project and up to 1.0 billion yuan from the Annual 10GW High-Efficiency Solar Cells Project. The

utilization period is capped at 12 months from the approval date; after this period the funds will be promptly returned to the special

accounts designated for raised capital. The Company effectively utilized 1.5 billion yuan from the Baotou JA (Phase III) 20GW Crystal

Pulling and Slicing Project 1.47 billion yuan from the Annual 10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project

and 1.0 billion yuan from the Annual 10GW High-Efficiency Solar Cells Project for temporary working capital needs. As of July 24

2024 the Company has successfully returned all aforementioned idle capital utilized for working capital supplementation to their

respective special raised capital accounts adhering to the stipulated timeframe of 12 months.

422024 Annual Report of JA Solar Technology Co. Ltd.

On July 25 2024 the 25th meeting of the sixth board of directors along with the 15th meeting of the sixth supervisory committee of

the Company critically reviewed and subsequently approved the Proposal on Using Partial Idle Raised Funds to Temporarily

Supplement Working Capital. This resolution empowers the Company to allocate up to 2.76 billion yuan of idle raised capital for interim

working capital needs while ensuring the continued execution of core fundraising investment projects. Specifically the proposal

delineates the allocation of funds as follows: up to 400 million yuan from the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing

Project up to 1.0 billion yuan from the Annual 10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project and up to 500

million yuan from the Annual 10GW High-Efficiency Solar Cells Project. Importantly the approved usage period for these funds is

limited to a maximum of 12 months from the date of Board approval July 25 2024. After this timeframe the funds will be promptly

returned to the Company's designated special raised capital deposit accounts. The Company efficiently utilized the approved funds

employing 400 million yuan from the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project 1.0 billion yuan from the Annual

10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project and 500 million yuan from the Annual 10GW High-Efficiency

Solar Cells Project for supplementary working capital purposes. As of December 31 2024 the Company has successfully returned 400

million yuan from the Baotou project leaving a zero balance; 248 million yuan from the 10GW Cells and 5GW Modules project leaving

an outstanding balance of 752 million yuan; and 140 million yuan from the 10GW Solar Cells project with an outstanding balance of

360 million yuan. At this juncture the unused balance in the special accounts totaled 41881221.24 yuan while the available funds

reached 1153881221.24 yuan representing 12.91% of the initial net raised capital.The fundraising initiatives specifically the Annual 10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project as well as

the Annual 10GW High-Efficiency Solar Cells Project reached their full production capacity and were completed in December 2024

yielding no surplus funds. The Company will uphold the special accounts for both projects until all outstanding final payments are

settled. Any remaining funds accrued from net interest income after deducting handling charges will be allocated to project-related

expenditures.Applicable

1. In 2020 the Company successfully executed a private placement fundraising initiative targeting the Annual 5GW High-Efficiency

Cells and 10GW High-Efficiency Modules with Supporting Facilities Project which has now achieved its intended operational status.Consequently the Company has resolved to permanently allocate the remaining capital of 586.741 million yuan (subject to the bank

settlement balance on the date of fund transfer) to bolster working capital for ongoing production and operations. The surplus capital

resulted from several strategic factors. First the Company adhered rigorously to principles of rationality efficiency and economy in

utilizing the raised funds. During the initial implementation phase in the first half of 2020 volatile market conditions significantly

reduced construction demand leading to decreases in costs associated with engineering materials and overall construction expenses.Consequently the per-unit costs for facilities such as factories and warehouses fell below the original estimates established during the

feasibility study. Moreover the feasibility study had initially included projections for upgrading production lines from p-type to n-type

cells to align with anticipated advancements in photovoltaic technology. However the robust performance of the p-type production lines

post-commissioning has led to a temporary deferment of these upgrades. The timeline for future enhancements will be strategically

determined based on emerging technological developments and market demand.

2. The Company’s 2021 private placement fundraising initiative focused on the Annual 20GW Monocrystalline Silicon Rods and 20GW

Amount and Monocrystalline Wafers Project has successfully reached the operational status of its primary components. Initially the project was

reasons for allocated 3.2 billion yuan. As of August 23 2024 the cumulative investment from these funds totaled approximately 2644664800

surplus capital yuan with pending payments amounting to 201586300 yuan resulting in a surplus of 357365500 yuan. This surplus capital can be

accrued from the attributed to several key factors. First the Company has consistently applied principles of rationality efficiency and economic prudence

implementation of in utilizing the raised funds implementing stringent cost control measures that have optimized project expenses. Second significant

the projects technological advancements within the industry have enhanced equipment performance and production capacities thereby reducing the

number of devices required relative to initial budget projections. Lastly improvements in domestic equipment manufacturing

capabilities and the maturation of industry technologies have resulted in actual procurement prices being lower than those anticipated

during the project's planning phase yielding substantial overall cost savings.

3. The 2021 private placement fundraising initiative titled the High-Efficiency Solar Cell R&D Pilot Project has successfully reached

operational status for its principal components. The Company confidently concludes this project without any surplus funds.

4. The 2023 public offering for the convertible bonds fundraising initiative titled Annual 10GW High-Efficiency Cells and 5GW High-

Efficiency Modules Project has successfully reached operational status for its principal components. The Company confidently

concludes this project with no surplus funds remaining.

5. The 2023 public offering for the convertible bonds fundraising initiative titled Annual 10GW High-Efficiency Solar Cells Project

has successfully reached operational status for its principal components. The Company confidently concludes this project with no

surplus funds remaining.As of December 31 2024 the Company’s raised capital aside from the aforementioned fundraising investment projects was actively

being deployed with no surplus capital remaining unutilized.Purpose and On August 30 2024 the 26th meeting of the sixth board of directors alongside the 16th meeting of the sixth supervisory committee

allocation of conducted a thorough review and subsequently approved the Proposal Regarding The Completion of Fundraising Investment Projects

432024 Annual Report of JA Solar Technology Co. Ltd.

unused raised and the Reallocation of Surplus Funds to Additional Fundraising Investment Projects. The Board recognized that significant components

capital of the Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project—financed through the 2021 private

placement initiative—had successfully achieved operational status. Consequently the Company resolved to conclude this project and

reallocate the surplus capital amounting to approximately 357365500 yuan to the Baotou JA (Phase III) 20GW Crystal Pulling and

Slicing Project supported by the 2023 public offering of convertible bonds. On October 8 2024 the Second Extraordinary General

Meeting ratified this proposal. The Company will maintain a special account for the raised capital associated with this project until all

final payments have been satisfactorily processed. Additionally any residual funds generated from net interest income after deducting

applicable handling charges will be permanently earmarked to augment the working capital. As of December 31 2024 any remaining

unused raised capital would be deployed in strict accordance with the designated purposes outlined in the relevant issuance proposals.Issues or other

circumstances in

In the reporting period there were no instances of untimely disclosure misinformation inaccuracies or incompleteness regarding the

the use and

information related to the use of raised funds disclosed by the Company. There were no violations involving the raised funds.disclosure of

raised capital

Note: 1. The Annual 5GW High-Efficiency Cells and 10GW High-Efficiency Modules with Supporting Facilities Project was carried

forward by phase from the commencement of the operation. It reached full capacity since April 2022 and was closed in July 2023.

2. The Annual 20GW Monocrystalline Silicon Rods and 20GW Monocrystalline Wafers Project utilized a phased capitalization strategy

aligned with construction timelines achieving full production capacity in January 2023 and culminating in completion by June 2024.

3. The High-Efficiency Solar Cell R&D Pilot Project a research-centric initiative successfully concluded in December 2024.

4. The Annual 10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project executed a phased capitalization strategy in

alignment with construction schedules attaining full production readiness by February 2024 and concluding in December 2024.

5. The Annual 10GW High-Efficiency Solar Cells Project took a strategic phased capitalization approach successfully reaching full

production capability by April 2024 and concluding in December 2024.

6. The Company did not adjust the implementation method for the project in the reporting period. The 11th meeting of the 6th board

of directors the 9th meeting of the 6the supervisory committee and the 3rd extraordinary general meeting for the year 2023 approved

the Proposal on Amendment to the Construction of Some Committed Projects and Adjustment of Internal Investment Structure of the

Projects. To advance the manufacturing processes and make breakthroughs in the maximum conversion efficiency of the Company’s

HJT cells as well as to maximize the research and development functions of the pilot run line the Company has planned to optimize

equipment selection and enhance processes and technologies on the basis of the planned HJT pilot run line. As a result it proposed to

adjust specific aspects of the project construction and the internal investment structure without any adjustments made to the project

implementation methods.

(3) Change in committed projects

□ Applicable □ Not applicable

The Company did not change any committed projects in respect of the fund raising activities.VIII. Sale of Significant Assets and Equities

1. Sale of significant assets

□ Applicable □ Not applicable

The Company did not sell any significant assets in the reporting period.

2. Sale of significant equities

□ Applicable □ Not applicable

IX. Analysis of Entities were the Company Holds Shares

□Applicable □ Not applicable

Subsidiaries which contribute to over 10% of the net profit of the Company

Unit: 10000 yuan

Registered Operating

Entity name Entity type Main business Total assets Net assets Operating profit Net income

capital revenue

JA Solar Research

Subsidiary 2127197.57 4128851.07 2945754.46 327786.00 250468.63 281772.56

Holdings Co. development

442024 Annual Report of JA Solar Technology Co. Ltd.

Ltd. production and

sale of solar

cells and

modules

Research

JA (Yangzhou) development

Solar production and

Subsidiary 283185.97 1171212.71 395986.86 592208.45 -99243.82 -100693.97

Technology sale of solar

Co. Ltd. cells and

modules

Research

development

Hefei JA Solar

production and

Technology Subsidiary 216734.00 1694663.93 357911.22 2123072.88 51019.81 53869.49

sale of solar

Co. Ltd.cells and

modules

Research

development

JA Solar production and

Vietnam Co. Subsidiary sale of modules 90 million USD 826463.64 663928.84 927050.04 262833.54 222598.39

Ltd. silicon rods

and silicon

wafers

Research

development

Baotou JA Solar

production and

Technology Subsidiary 178000.00 684029.50 111558.58 481465.20 -104095.70 -88134.22

sale of silicon

Co. Ltd.rods and

silicon wafers

Research

Qujing Jinglong development

Electronic production and

Subsidiary 52000.00 522029.15 396033.33 74696.13 112991.74 113654.97

Materials Co. sale of silicon

Ltd. rods and

silicon wafers

Research

development

Yiwu JA Solar

production and

Technology Subsidiary 411651.86 917653.67 486767.45 946017.27 -124191.46 -105009.06

sale of solar

Co. Ltd.cells and

modules

Research

development

Qujing JA PV

production and

Technology Subsidiary 130000.00 718346.02 405206.71 429296.13 -88424.52 -75338.28

sale of silicon

Co. Ltd.rods and

silicon wafers

Research

development

Qujing JA Solar

production and

Technology Subsidiary 333448.46 646328.79 220440.78 510591.92 -62158.48 -52764.66

sale of solar

Co. Ltd.cells and

modules

Dongtai JA Research

Solar development

Subsidiary 150000.00 798596.15 2683.88 913991.09 -101379.88 -101215.49

Technology production and

Co. Ltd. sale of solar

452024 Annual Report of JA Solar Technology Co. Ltd.

cells and

modules

Research

Shijiazhuang JA

development

Solar

Subsidiary production and 100000.00 527830.49 15269.22 294860.75 -69214.94 -69138.57

Technology

sale of solar

Co. Ltd.cells

JA Solar Subsidiary

Investment Overseas

100000 USD 271684.62 180397.32 653.29 180120.17 180120.33

(Hong Kong) investment

Limited

Acquisition and disposal of subsidiaries in the reporting period

□ Applicable □Not applicable

Methods of acquiring and disposing Impact on overall operations and

Subsidiary name

subsidiaries during the reporting period financial performance

Refer to Section X Financial Statements

for details.Analysis of entities where the Company holds shares

X. Structured Entities Controlled by the Company

□ Applicable □ Not applicable

XI. Outlook for Future Development of the Company

(I) Corporate Development strategy

The photovoltaic sector has confronted substantial challenges due to various factors including evolving industry cycles supply-demand

imbalances and shifting geopolitical and economic landscapes. In response to these conditions the Company has effectively executed

its three strategic initiatives: Globalization Digital and Intelligent Transition and Ecosystem Development. By prioritizing

transformation and market-oriented value creation the Company has actively embraced its core principle of Customer First. This

commitment has enabled the continuous delivery of competitive products and services thereby enhancing its overall market

competitiveness. The Photovoltaics and Energy Storage Business Group has further solidified its competitive edge through the

development of integrated solar-storage solutions and a commitment to excellence in photovoltaic manufacturing. Concurrently the

Smart Energy Business Group has adeptly navigated power market policy changes expanded into emerging sectors such as microgrids

and zero-carbon parks and accelerated international growth. The Materials and Equipment Business Group has intensified its focus on

innovation while pursuing recycling initiatives elevating R&D investments and establishing leadership in niche markets.

(1) Strategic positioning

JA Solar steadfastly upholds its corporate mission of developing solar power to benefit the planet and its core values of being customer-

centered promoting welfare for staff members and creating value for the owners. The Company actively engages with both upstream

and downstream partners to cultivate a cohesive ecological value system positioning itself as a globally leading enterprise in new

energy technology.

(2) Specific actions

The Company is unwavering in its commitment to the core principle of " Creating Value for Customers" while rigorously implementing

a customer-centered philosophy. Through comprehensive and systematic organizational transformation it enhances its value creation

capabilities striving not only to meet but also to anticipate and lead market demand thereby ensuring sustainable growth and long-

term success. The Company prioritizes several key areas to enhance its strategic framework. First it emphasizes technology-driven

innovation continuously developing competitive products. A market-oriented approach fortifies its marketing and service capabilities

addressing evolving customer needs. Additionally the organization leverages digital transformation to achieve operational excellence

and fosters efficiency and quality leadership through continuous improvement. It prioritizes building resilient and sustainable supply

chains while implementing balanced risk management to ensure prudent operations amidst strategic growth pursuits.(II). Potential Risks

(1) Risk from global industrial policies

The pace and quality of development within the photovoltaic industry are critically shaped by global policy dynamics regarding solar

energy. Domestically China’s PV sector has transitioned into a post-subsidy era; however forthcoming industrial policies related to

grid integration energy storage allocation and market-based pricing mechanisms—such as the Notice on Deepening the Market-

Oriented Reform of New Energy Feed-in Tariffs to Promote High-Quality Development of New Energy (NDRCJG [2025] No. 136)—

may introduce significant uncertainties surrounding industry upgrades and domestic market operations. Internationally key markets

are increasingly advocating for manufacturing reshoring which is facilitating the creation of regionalized PV supply chains. The

shifting renewable energy targets and frequent policy adjustments across various countries further enhance operational uncertainties

for PV enterprises engaged in overseas markets.

462024 Annual Report of JA Solar Technology Co. Ltd.

(2) International trade protectionism risk

Since 2022 import restrictions on Chinese photovoltaic products imposed by regions such as Europe the United States and India have

diversified significantly. Traditional trade barriers including anti-dumping countervailing and anti-circumvention measures have

been augmented by emerging restrictions focused on carbon emissions environmental protection human rights technical patents and

product certification. Noteworthy examples include the European Union’s Carbon Border Adjustment Mechanism (CBAM) and Net-

Zero Industry Act the U.S. Uyghur Forced Labor Prevention Act and India’s Approved List of Models and Manufacturers (ALMM).Moreover these restrictions extend beyond China impacting Chinese firms operating abroad. For instance in November 2024 the

U.S. Department of Commerce issued a preliminary ruling in its anti-dumping investigation concerning crystalline photovoltaic cells

imported from four Southeast Asian nations—Cambodia Malaysia Thailand and Vietnam. This development poses significant

operational risks for Chinese photovoltaic enterprises that have invested in production facilities within these regions.

(3) Supply-demand imbalance risk

The optimistic outlook for new photovoltaic installations in light of global carbon neutrality initiatives has catalyzed not only significant

capacity expansion within the PV industry but also prompted leading enterprises from various sectors to enter this market. In recent

years the aggressive introduction of substantial new production capacity has resulted in a marked imbalance between supply and

demand within the industry. According to data from the China Photovoltaic Industry Association by the end of 2024 domestic

production capacities for silicon wafers cells and modules each exceeded 1100 GW far surpassing the global demand for new

installations. This scenario has manifested as both cyclical and structural overcapacity in the PV sector contributing to a persistent

decline in prices across all segments—even driving prices below production costs. Consequently these dynamics have led to

widespread financial losses throughout the primary PV manufacturing value chain.

(4) Technology upgrade risk

The photovoltaic industry is experiencing swift technological advancement evidenced by the rising market share of next-generation

cell and module technologies particularly n-type TOPCon. This shift significantly influences p-type production capacities compelling

numerous companies to recognize the necessity of asset impairment provisions. Additionally the rapid emergence of high-efficiency

cell technologies such as BC HJT and perovskite compounds introduces substantial uncertainty for PV manufacturers regarding future

technology selection.(5) Geopolitical risk

In recent years a series of geopolitical upheavals such as the Russia-Ukraine conflict the Israel-Palestine conflict and the Red Sea

crisis have brought about multifaceted impacts on market demand transportation financial settlements and other aspects. These may

pose challenges and operational risks to major photovoltaic companies deeply integrated into the global market.

(6) Exchange rate risk

As one of the flagship industries that “go global” the photovoltaic sector boasts a significant portion of overseas operations among its

leading companies. In overseas operations foreign currency settlement remains predominant and fluctuations in exchange rates

directly impact the operation performance of internationalized companies. It is increasingly challenging to manage exchange rate risk

due to adjustments to fiscal and monetary policies across countries and changes in international trade landscape and environment.Failure to take effective measures may expose photovoltaic companies to negative impact caused by exchange rate volatility.XII. Reception of Surveys Communications and Interviews in the Reporting Period

□Applicable □ Not applicable

What was

Reception discussed and Information

Reception date Reception form Guest type Guest

location materials index

provided

For details

please refer to

the Investor

Relations

Investor

Activity Log

Analysts and Relations

Telephone (April 30

April 30 2024 Online Institution institutional Activity Log

communication 2024)

investors (April 30

published on

2024)

the CNINFO

website

(http://www.cni

nfo.com.cn).Investors For details

Investor

attended the please refer to

Finenter Relations

May 22 2024 Online platform Others Company's the Investor

Technology Activity Log

2023 Relations

(May 22 2024)

performance Activity Log

472024 Annual Report of JA Solar Technology Co. Ltd.

briefing online (May 22 2024)

published on

the CNINFO

website

(http://www.cni

nfo.com.cn).For details

please refer to

the Investor

Relations

Investor

Activity Log

Analysts and Relations

September 02 Finenter (September 2

Online platform Institution institutional Activity Log

2024 Technology 2024)

investors (September 2

published on

2024)

the CNINFO

website

(http://www.cni

nfo.com.cn).For details

please refer to

the Investor

Relations

Investor

Investor Activity Log

Investors Relations

October 15 Relations (October 15

Online platform Others submitting Activity Log

2024 Interactive 2024)

inquiries online (October 15

Platform published on

2024)

the CNINFO

website

(http://www.cni

nfo.com.cn).For details

please refer to

the Investor

Relations

Investor

Activity Log

Analysts and Relations

October 31 Finenter (October 31

Online platform Institution institutional Activity Log

2024 Technology 2024)

investors (October 31

published on

2024)

the CNINFO

website

(http://www.cni

nfo.com.cn).XIII. Status of Implementation for Market Capitalization Management System and Valuation

Enhancement Plan

Has the Company established a market capitalization management system

□Yes □No

Has the Company disclosed a valuation enhancement plan

□Yes □No

On March 10 2025 the Company convened the 35th meeting of its sixth board of directors. In a decisive move to enhance market

capitalization management practices and to standardize corporate conduct the Board established the Market Capitalization

Management System for JA Solar Technology Co. Ltd. This initiative aligns with the stipulations of the Company Law Securities Law

482024 Annual Report of JA Solar Technology Co. Ltd.

and Regulatory Guidelines for Listed Companies No. 10—Market Value Management among other relevant statutes and the

Company's Articles of Association. The formulation reflects a careful consideration of the Company’s unique circumstances ensuring

robust protection for the rights of the Company and its stakeholders.XIV. Status of Implementation for the Dual Enhancement of Quality and Returns Initiative

Has the Company disclosed an announcement regarding the Dual Enhancement of Quality and Returns action plan

□Yes □No

In 2024 the Company maintained its focus on core operations effectively utilizing its extensive global marketing and service

networks alongside brand advantages to enhance market presence. During the reporting period the shipment volume of cells and

modules demonstrated a substantial year-over-year increase reaching 79.447 GW (including 1.544 GW self-use) with overseas module

shipments comprising approximately 49% of the total. Nonetheless heightened market competition significant declines in product

prices and increasingly challenging international trade conditions adversely affected the profitability of the Company’s core business.In response the Company conducted impairment tests on long-term assets that exhibited signs of impairment ultimately recognizing

asset impairment provisions in accordance with accounting standards. This decision markedly influenced financial performance

leading to reported operating revenue of 70120697000 yuan and a net profit attributable to shareholders of -4655943800 yuan for

2024.

The Company has consistently prioritized innovation through robust support for technological research and development and

process innovation. Its research team employs a market demand-oriented approach underpinned by a technology-driven foundation

and a strong emphasis on process improvements. In 2024 the Company allocated 3.711 billion yuan to R&D accounting for 5.29% of

its operating revenue. By the close of the reporting period the Company successfully held 1899 valid patents including 1031 invention

patents.In 2024 the Company made significant strides in digitalization and intelligent transformation leveraging advanced technologies

to empower business development. These enhancements have notably increased operational efficiency boosted labor productivity

improved product quality and reduced costs. The Company has fortified its data capabilities while upgrading its information security

systems developing robust management frameworks across marketing manufacturing operations logistics and finance. The

establishment of the Smart Manufacturing Research Institute has further elevated intelligent production levels with several facilities

achieving recognition as national Smart Manufacturing Demonstration Factories and Outstanding Smart Manufacturing Scenarios. The

strategic adoption of digital intelligence has led to substantial increases in production line output and cost efficiency thereby enhancing

market competitiveness.On May 30 2024 the Company successfully executed its 2023 profit distribution plan. Following the deduction of 24476300

repurchased shares the total share capital amounted to 3285192903 shares. The Company declared a cash dividend of 0.563 yuan

per share (tax inclusive) amounting to a total distribution of 1.849 billion yuan to its shareholders. In the year 2023 the Company also

repurchased 12483600 shares through centralized bidding on the Shenzhen Stock Exchange totaling a transaction value of 260 million

yuan exclusive of associated transaction costs. Collectively the cash dividends and share repurchases for 2023 reached 2.109 billion

yuan reflecting 30% of the net profit attributable to shareholders as outlined in the consolidated financial statements.As of October 29 2024 the Company concluded its share repurchase program. Utilizing the centralized bidding system on the

Shenzhen Stock Exchange a total of 26945700 shares were repurchased accounting for 0.81% of the total share capital. The

cumulative transaction value reached 489990021.55 yuan exclusive of applicable transaction fees such as stamp duty and

commissions.The Company rigorously complies with legal statutes and regulatory frameworks regarding information disclosure. Our

disclosures consistently uphold the principles of truth accuracy completeness timeliness and fairness. We prioritize an investor-

centric approach ensuring that our disclosures meet investor needs and provide useful insights for investment decisions. Emphasizing

the significance of disclosure we communicate valuable information to investors focusing on industry dynamics operations and risk

factors. Our commitment is to continuously enhance the quality of our disclosures. While maintaining compliance with regulatory

disclosure requirements the Company will continuously strengthen investor relations management by broadening channels for investor

communication through various avenues such as shareholder meetings performance briefings site visits brokerage strategy sessions

https://irm.cninfo.com.cn/ and investor hotlines. These efforts ensure robust interaction and communication with diverse investor

groups.In addition the Company is committed to consolidating governance foundations fostering robust internal controls and fortifying

risk management and elevating the level of strategic decision-making in order to establish a sustainable and steady trajectory for long-

term growth and to safeguard the legitimate rights and interests of our investors effectively.Section IV. Company Governance

I. Governance Overview

492024 Annual Report of JA Solar Technology Co. Ltd.

The Company strictly adheres to the requirements outlined in the Company Law Securities Law Code of Corporate Governance

for Listed Companies Shenzhen Stock Exchange Listing Rules Self-Regulatory Guidelines No. 1 for Companies Listed on Shenzhen

Stock Exchange—Regulated Operation of Companies Listed on Main Board and other relevant laws and regulations issued by the

China Securities Regulatory Commission and the Shenzhen Stock Exchange. The Company continuously refines its internal

governance structure and internal control mechanisms further regulate corporate conduct enhance communication with investors to

safeguard their interests comprehensively. These efforts contribute to the continual improvement of corporate governance standards.(I) Shareholders and general meeting

The Company strictly complies with the regulations and requirements set forth in the Articles of Association and the Rules of

Procedures for General Meeting to govern the convening holding and voting procedures of general meetings. This ensures equitable

treatment for all shareholders particularly minority stakeholders enabling them to fully exercise their rights without any prejudice to

their interests. The Company maintains sole ownership of its assets with no instances of shareholders or their affiliates appropriating

or transferring any funds assets or other resources of the Company. Additionally the Company has not provided guarantees for

shareholders or their affiliates.(II) Company and its controlling shareholder

The Company manages its relationship with the controlling shareholder in accordance with the provisions of the Company Law

Securities Law Articles of Association and relevant regulations issued by regulatory authorities. The Company operates entirely

separately from its controlling shareholder across businesses personnel assets organizational structure and financial operations. It

possesses autonomous operational capabilities with its board of directors supervisory committee and internal departments functioning

independently.The controlling shareholder adheres strictly to regulations lawfully exercises its rights and fulfills its obligations. There is no

instance of the controlling shareholder directly or indirectly intervening in the Company’s decision-making or operational activities

beyond the authority of the general meeting or the board of directors.(III) Directors and board of directors

Directors are elected and appointed in accordance with the procedures outlined in the Articles of Association. The board of

directors consists of 9 directors including 3 independent directors accounting for one-third of the total board members. The

composition and number of directors meet the requirements stipulated by laws regulations and the Articles of Association. The board

has four special committees namely the Strategy and Sustainability Committee the Audit Committee the Nomination Committee and

the Remuneration and Assessment Committee. All directors conduct their activities in compliance with the regulations outlined in the

Self-Regulatory Guidelines No. 1 for Companies Listed on Shenzhen Stock Exchange—Regulated Operation of Companies Listed on

Main Board the Rules of Procedures for Board Meetings the Independent Director System and the regulations of various specialized

committees. They actively participate in relevant training sessions acquaint themselves with applicable laws and regulations and fulfill

their responsibilities as directors.(IV) Supervisory committee and supervisors

Supervisors are elected and appointed in accordance with applicable laws and regulations including the Company Law and

Articles of Association. The supervisory committee consists of 3 supervisors including 1 staff representative supervisor. The

composition and number of supervisors meet the requirements stipulated by relevant laws and regulations. The supervisors fulfill their

duties in accordance with the provisions outlined in the Rules of Procedures for Supervisory Committee Meetings. They effectively

supervise significant matters related-party transactions financial conditions the performance of directors and managers and the use

of raised funds while providing constructive feedback.(V) Performance assessment and incentive mechanisms

The board of directors has a Remuneration and Assessment Committee which is responsible for developing and reviewing the

Company’s compensation policies and schemes for directors and senior managers as well as establishing assessment criteria and

conducting evaluations for directors and senior managers. In compliance with regulations like the Work Rules of the Remuneration and

Assessment Committee the Company conducts performance evaluations for directors and managers in a transparent and open manner.The Company has implemented an incentive mechanism that ties manager compensation to both corporate performance and individual

achievements. Managers perform their responsibilities as stipulated by relevant regulations including the Company Law Articles of

Association and the Work Rules of the General Manager.(VI) Stakeholders

The Company demonstrates a robust sense of social responsibility and a keen awareness of collective interests respecting and

safeguarding the legitimate rights of all stakeholders. Aiming for the harmonious development of society shareholders the Company

suppliers customers and employees the Company takes collaboration with stakeholders and promotes its long-term sustainability.While pursuing continuous growth and maximizing shareholder value the Company also prioritizes environmental protection and

philanthropy. By actively engaging in charitable initiatives it places significant emphasis on corporate social responsibility.(VII) Disclosure and transparency

The Company rigorously complies with relevant laws regulations and its own Information Disclosure Management Policy

ensuring the truthful accurate complete timely and equitable disclosure of information and guaranteeing equal access to information

by all shareholders. The Company prioritizes communication with investors by providing dedicated phone lines and email addresses

for investor inquiries and attentively addressing all queries. The Company also strengthens communication with investors through

online performance briefings https://ir.p5w.net/ and other channels.(VIII) Internal policies regarding governance

The Company consistently strengthens its governance policies now encompassing corporate governance information

disclosure investment trading auditing subsidiary management and other key areas. These policies offer robust institutional

support for the Company’s standardized operations and sustainable growth.Any significant difference between the corporate governance and provisions of laws regulations and rules of the CSRC on listed

companies

□ Yes □ No

502024 Annual Report of JA Solar Technology Co. Ltd.

There is no significant difference between the corporate governance and provisions of laws regulations and rules of the CSRC on

listed companies.II. Company’s Separation from Its Controlling Shareholder and Actual Controller in Terms of

Assets Personnel Financial affairs Organizational Structure and Business Activities

1. Business independence

The Company’s primary operations include research production and sales of silicon wafers cells modules and storage energy

systems as well as the development construction and operation of photovoltaic power plants along with research production and

sales of photovoltaic materials and equipment. The Company independently conducts research and development manufacturing and

sales of its products. It possesses a comprehensive operational framework covering research and development raw material

procurement manufacturing quality control and sales. With the capability to operate autonomously in the market it does not rely on

the controlling shareholder actual controller or businesses under their control. Furthermore there are no conflicts of interest or unfair

related-party transactions with the controlling shareholder actual controller or businesses under their control.

2. Personnel independence

The directors supervisors and senior managers of the Company are appointed in accordance with the conditions and procedures

stipulated in the Company Law and Articles of Association. The Company has instituted an independent HR management department

and a robust personnel management system. Senior executives including the General Manager and Deputy General Managers do not

hold positions beyond director or supervisor in businesses under the control of the controlling shareholder or actual controller.Moreover they do not receive remuneration from these businesses. No financial staff of the Company takes any part-time job in the

controlling shareholder actual controller or businesses under their control.

3. Asset independence

The Company possesses essential production systems auxiliary production systems and supporting facilities related to its

operations. It lawfully owns the title or use-right of assets such as machinery buildings land usage rights trademarks and patents

pertinent to production and operations. The ownership of key assets is clearly defined and there are no significant disputes regarding

ownership. Its assets are independent from the controlling shareholder actual controller or businesses under their control. The Company

does not provide guarantees using its assets and equity for businesses under the control of its controlling shareholder or actual controller.There are also no instances of assets or funds being unlawfully appropriated by businesses under the control of its controlling

shareholder or actual controller. The Company maintains full control and ownership rights over all of its assets.

4. Institutional structure independence

The Company has established and refined the systems for the general meeting the board of directors and the supervisory

committee resulting in a robust corporate governance structure. In terms of internal organization the Company has established

organizational structures tailored to its developmental requirements. These structures define the functions of each department and

establish corresponding internal management and control systems enabling independent conduct of production and operational

activities within the Company. There is no organizational overlap between the Company’s organizational structure and those of

businesses under the control of its controlling shareholder or actual controller.

5. Financial independence

The Company has created an independent comprehensive and standardized accounting and financial management system in

accordance with the Accounting Standards for Business Enterprises and relevant regulations. Additionally it has implemented

corresponding internal controls enabling autonomous financial decision-making. The Company has opened its own bank account and

does not share any bank account with its controlling shareholder actual controller or businesses under their control. As an independent

taxpayer the Company does not engage in mixed taxation with businesses under the control of its controlling shareholder or actual

controller.III. Horizontal Competition

□ Applicable □ Not applicable

IV. Annual General Meeting and Extraordinary General Meetings Held in the Reporting

Period

1. General meeting of shareholders

Percent of investor

Session No. Session type Session date Disclosure date Resolutions

attendance

For details please refer to the

The First

Resolution Announcement of

Extraordinary

Extraordinary the First Extraordinary

General Meeting 55.55% March 13 2024 March 14 2024

General Meeting General Meeting of

of Shareholders of

Shareholders of 2024

2024

published on the CNINFO

512024 Annual Report of JA Solar Technology Co. Ltd.

website

(http://www.cninfo.com.cn).For details please refer to the

Annual General Resolution Announcement of

the Annual General Meeting

Meeting of Annual General

54.78% May 21 2024 May 22 2024 of Shareholders of 2023

Shareholders of Meeting published on the CNINFO

2023 website

(http://www.cninfo.com.cn).For details please refer to the

The Second Resolution Announcement of

Extraordinary the Second Extraordinary

Extraordinary October 08 October 09

General Meeting of General Meeting 53.42%

General Meeting 2024 2024 Shareholders of 2024

of Shareholders of published on the CNINFO

2024 website

(http://www.cninfo.com.cn).For details please refer to the

The Third Resolution Announcement of

Extraordinary the Third Extraordinary

Extraordinary December 30 December 31 General Meeting of

General Meeting 51.08%

General Meeting 2024 2024 Shareholders of 2024

of Shareholders of published on the CNINFO

2024 website

(http://www.cninfo.com.cn).

2. Extraordinary general meetings requested by the preferred shareholders whose voting rights have been

restored

□ Applicable □ Not applicable

V. Information of Directors Supervisors and Senior Managers

1. Basic information

Shareholdi Shareholdi

ngs ngs

Opening increased decreased Other Closing

Office Reason for

Name Gender Age Title Start date End date shareholdings in the in the changes shareholdings

status changes

(share) current current (share) (share)

period period

(share) (share)

Chairman

December 05

Jin Baofang Male 72 and General Current December 11 2025

2019

Manager

Deputy

April 29

Yang Aiqing Male General Current December 11 2025

432022826230826230

Manager

Director Current June 08 2022 December 11 2025

December 12

Jin Junhui Female 46 Director Current December 11 2025

2022

Director and

Deputy December 05

Tao Ran Male 38 Current December 11 2025

General 2019

Manager

Director December 05

Cao Yangfeng Male 51 Current December 11 2025 1346184 1346184

2019

Director December 12

Jia Shaohua Male 74 Current December 11 2025

2022

Independent December 05

Zhao Yuwen Male 85 Current December 11 2025

director 2019

522024 Annual Report of JA Solar Technology Co. Ltd.

Independent December 05

Zhang Miao Female 41 Current December 11 2025

director 2019

Independent December 05

Qin Xiaolu Female 49 Current December 11 2025

director 2019

Chairman of

the December 05

Li Yuntao Male 45 Current December 11 2025

Supervisory 2019

Committee

December 05

Li Jing Female 34 Supervisor Current December 11 2025

2019

December 05

Li Binbin Female 28 Supervisor Current December 11 2025

2019

Deputy

General

December 06

Wu Tingdong Male 50 Manager and Left March10 2025 1321823 1321823

2019

Secretary of

the Board

Finance December 06

Li Shaohui Male 50 Current December 11 2025 1744008 1744008

Director 2019

Secretary of March10

Qin Shilong Male 39 Current December 11 2025

the Board 2025

Total -- -- -- -- -- -- 5238245 0 0 5238245 --

Directors or supervisors leaving their positions or dismissals of senior managers in the reporting period

□ Yes □ No

Changes in directors supervisors and senior managers

□ Applicable □Not applicable

Name Title Type Date Reason

Deputy General

Wu Yandong Manager Board Dismissal March 10 2024 Work Transfer

Secretary

2. Background information

The professional backgrounds work experiences and main responsibilities of the current directors supervisors and senior managers

within the Company

1. Directors

Mr. Jin Baofang born in 1952 Chinese citizen senior political work specialist and senior economic specialist. In April 1972 he

was selected to study at Xingtai School of Finance and Trade. In June 1974 he was appointed as an accountant in the preparatory office

of Xingtai Cement Factory. In October 1975 he became the Director of the Office of Agricultural Machinery Bureau in Ningjin County.In March 1984 he was promoted to Deputy Director of the Agricultural Machinery Bureau in Ningjin County concurrently serving as

the Manager of the Agricultural Machinery Supply Company in Ningjin County. In 1992 he was appointed as the Party Secretary and

Director of the Ningjin County Power Bureau in Hebei Province. Since 2003 he has served as the Chairman of Jinglong Industrial

Group Co. Ltd. From May 2005 to May 2024 he has also held the position of Chairman at JA Solar Holdings Co. Ltd. He received

honors such as Hebei Province Model Worker Outstanding Entrepreneur of Hebei Province National May 1st Labor Medal National

Model Worker among others. He has also served as a delegate to the 10th 11th and 12th National People’s Congress. Since December

2019 he has been the Chairman and General Manager of the Company.

Mr. Yang Aiqing born in 1981 Chinese citizen bachelor’s degree. From 2005 to 2009 he held various positions at JA Solar

Holdings Co. Ltd. including technician team leader line leader workshop director and deputy manager of the production department.From September 2009 to December 2015 he served in various roles at JA (Yangzhou) Solar Technology Co. Ltd. such as production

manager process manager manufacturing director assistant to the general manager deputy general manager and executive deputy

general manager. From 2016 to March 2017 he was the general manager of Shanghai JA Solar Technology Co. Ltd. From 2017 to

2021 he held positions including general manager of JA (Yangzhou) Solar Technology Co. Ltd. general manager of the second

business unit and assistant to the president of JA Solar Holdings Co. Ltd. Since January 2022 he has been serving as the acting

president and executive president of the Company successively. Additionally since April 2022 he has held the position of deputy

general manager and since June 2022 he has been a director of the Company.

532024 Annual Report of JA Solar Technology Co. Ltd.

Ms. Jin Junhui born in 1978 a Chinese national with a postgraduate degree. From September 1998 to March 2009 she took

various roles within Ningjin County Hebei Province. Her positions included Clerk and Section Member at the County Personnel and

Labor Bureau as well as Deputy Section Chief of the Cadre Division at the County Party Committee Organization Department. She

further advanced to Chief of the Staff Division and thereafter served as Deputy Director of the Grassroots Office. From March 2009 to

October 2021 Ms. Jin contributed to the Hebei Provincial Directly Affiliated Organs Work Committee progressing from Deputy

Section Member to Section Member and subsequently becoming Deputy Director and then Director of several key departments

including the United Front (Mass Work) Department the Women’s Work Committee and the Youth Work Committee. In her

subsequent roles from November 2021 to December 2024 she served as Assistant President and General Manager of the Shijiazhuang

Base. Since December 2022 she has been a Director of the Company and in December 2024 she ascended to the role of President of

the China Region within the Company’s Regional Operations Center.Mr. Tao Ran born in 1987 a Chinese national with a postgraduate degree. He commenced his professional journey at Shanghai

JA Solar PV Technology Co. Ltd. as Assistant to the CEO Office from May 2012 to March 2015. His capabilities earned him a

promotion to Assistant President a position he held briefly from March to June 2015. Subsequently Mr. Ran took on the role of

Assistant President at Beijing JA Solar PV Technology Co. Ltd. from July 2015 to January 2018 ultimately advancing to Vice

President until December 2019. Since then he has served as Director and Deputy General Manager of the Company. Additionally

since January 2020 he has undertaken roles as Vice President of the Company and the President of the Infrastructure Engineering

Center.Mr. Cao Yangfeng born in 1973 a Chinese national with a doctoral degree. He served as the Director of the JA Solar Strategy

and Brand Committee from November 2018 to December 2019. Since December 2019 he has held the position of Director of the

Company and Chairman of the Strategy and Sustainable Development Committee. In December 2024 he was appointed Deputy

Director of the Company’s Business Management Committee. Additionally Mr. Cao is a Professor of Management Practice at Peking

University Guanghua School of Management.Mr. Jia Shaohua born in December 1950 Doctor’s degree professor and researcher in economics. He serves as a graduate

supervisor at the University of Chinese Academy of Social Sciences Honorary Director of the Finance and Tax Cadre Education and

Training Center at the School of Continuing Education of Central University of Finance and Economics and Vice Chairman of the

China Association for Fiscal and Tax Law. He has held various positions including Director of the Finance Department of Ningxia Hui

Autonomous Region Deputy General Manager of Hainan Province Commercial Management Group Deputy Director of the State

Taxation Bureau of Jiangxi Province and Hainan Province Director of the Tax Cadre Continuing Education College of the State

Administration of Taxation and Chief Editor of the China Taxation Publishing House. In 1996 he was awarded the title of Outstanding

Expert with Outstanding Contributions by the Hainan Provincial People’s Government for his contributions in enterprise management.In 2001 he was awarded the title of Outstanding Expert with Outstanding Contributions by the State Council for his contributions in

tax research and teaching and he received the special government allowance. Since December 2022 he has been a director of the

Company.Mr. Zhao Yuwen born in 1939 Chinese citizen bachelor’s degree. In 1978 he joined the Beijing Solar Energy Research Institute

where he successively held positions as a researcher deputy director chief engineer and director of academic commission. From 1999

to 2017 he served as the Vice Chairman of the China Renewable Energy Society (formerly the China Solar Energy Society) and

Director of the Photovoltaic Professional Committee. From 2017 to March 2022 he was the Chief Supervisor of the China Renewable

Energy Society. From 2005 to 2017 he served as a member of the International Advisory Committee for the Photovoltaic Science and

Engineering Conference (PVSEC) and the World Conference on Photovoltaic Energy Conversion (WCPEC). Since 2017 he has been

an Honorary Member of the International Advisory Committee for the PVSEC. Since 2017 he has also served as the Honorary Director

of the Photovoltaic Professional Committee of the China Renewable Energy Society. Since December 2019 he has been an independent

director of the Company.Ms. Zhang Miao a Chinese national born in 1983 possesses a master’s degree. She served as Prosecutor and Director of the

Public Prosecution Department at the Beijing Dongcheng District People’s Procuratorate from July 2005 to June 2012. Subsequently

she was the Director of the Litigation Department at Beijing Li Xiaobin Law Firm until May 2014 when she became a Senior Partner

at Beijing Hylands Law Firm. Since December 2019 she has effectively contributed as an Independent Director of the Company.Ms. Qin Xiaolu a Chinese national born in 1975 a Senior Accountant with a postgraduate degree. She has been recognized as a

Leading Management Accounting Talent in Fujian Province. In her current roles she serves as a part-time Master Candidate’s

Supervisor at the Xiamen National Accounting Institute and as an Industry Mentor for accounting auditing and doctoral students at

Xiamen University. Her professional journey includes financial leadership positions at Fujian Zhongyou Putai Mobile Equipment Co.Ltd. where she advanced from Deputy Financial Director to Financial Director between March 2005 and July 2012. Subsequently she

held executive roles at Fujian Aoyuan Group from July 2012 to June 2024 culminating as President after also serving as Executive

Vice President and Financial Director. Since December 2019 she has been an Independent Director of the Company.

2. Supervisors

Mr. Li Yuntao born in 1979 Chinese citizen. Since January 2010 he has served successively in various roles at Jinglong

Industrial Group Co. Ltd. including Finance Section Chief Finance Manager Director of Financial Management Center Senior

542024 Annual Report of JA Solar Technology Co. Ltd.

Manager of Investment Business Unit and Assistant to the General Manager. He has been the chairman of the supervisory committee

of the Company since December 2019.Ms. Li Jing born in 1991 master’s degree from Peking University. From September 2013 to August 2015 she served as the

Marketing Manager at Beijing BMEI Co. Ltd. In August 2015 she joined Beijing JA Solar PV Technology Co. Ltd. Since December

2019 she has been a supervisor of the Company and she holds the positions of Brand Vice President and Chief Sustainability Officer

at the Company.Ms. Li Binbin born in 1996 Chinese citizen bachelor’s degree. From December 2017 to February 2019 she worked as a

receptionist at the administrative department of Beijing JA Solar PV Technology Co. Ltd. From February 2019 to July 2023 she

served as an administrative secretary at Beijing JA Solar PV Technology Co. Ltd. From July 2023 to now she held the position of

Head of the quality management system at Qujing JA Solar Technology Co. Ltd. She has also been an employee representative

supervisor of the Company since December 2019.

3. Senior managers

The background of Mr. Jin Baofang the General Manager Mr. Yang Aiqing the Deputy General Manager and Mr. Tao Ran the

Deputy General Manager.Mr. Wu Tingdong born in 1975 Chinese citizen bachelor’s degree. From 2011 to 2018 he held various positions successively

at JA Solar Holdings Co. Ltd. including Senior Manager of Public Relations Department Senior Manager of Power Plant Development

Project Department Deputy General Manager of Power Plant Business Unit Secretary to the Board of Directors and Assistant to the

President. From July 2018 to December 2019 he has been serving as Assistant to the President at JA Solar Holdings Co. Ltd. From

August 2015 to May 2024 he has also served as a director of JA Solar Holdings Co. Ltd. From December 2019 to March 2025 he

has been serving as Deputy General Manager and Secretary to the Board of Directors of the Company. Additionally since January

2020 he has held the position of Vice President and President at the Company successively.

Mr. Li Shaohui born in 1974 Chinese citizen master’s degree accountant Chinese CPA Chinese certified tax agent and Chinese

certified public valuer. From January 2001 to September 2005 he served as an auditor at Xingtai Huaxin Certified Public Accountants

Co. Ltd. From October 2005 to August 2007 he worked as the Finance Director at Xingtai Xinhui Copper Industry Special Wire Co.Ltd. From September 2007 to January 2012 he held the positions of legal representative and general manager at Xingtai Jinxin Taxation

Agent Co. Ltd. From April 2010 to January 2012 he served as a shareholder and supervisor at Hebei Tianfang Asset Appraisal Co.Ltd. From February 2012 to October 2013 she served as the Finance Director at JA Solar Holdings Co. Ltd. From November 2013 to

September 2015 he served as Deputy General Manager at JA Solar Holdings Co. Ltd. From October 2015 to December 2019 he

served as the Finance Director and Assistant to the President at Beijing JA Solar PV Technology Co. Ltd. Since December 2019 he

has been responsible for finance at the Company. Additionally since January 2020 he has been serving as Vice President and President

of Finance Management Center at the Company successively.Mr. Qin Shilong a Chinese national born in 1986 possesses a master’s degree and an impressive array of professional

certifications including the Chinese Legal Professional Qualification Certificate Shenzhen Stock Exchange Board Secretary

Qualification Certificate and Independent Director Qualification Certificate. His extensive experience in asset management and legal

affairs distinguishes him in the field. Notably Mr. Qin has served as board secretary for several publicly listed companies and has been

honored with induction into the New Fortune Golden Board Secretary Hall of Fame. From February 2012 to June 2017 he advanced

through progressively responsible roles at Tianjin Zhonghuan Electronic Information Group Co. Ltd. ultimately becoming Deputy

Minister of both the Asset Management and Legal Affairs Departments. from June 2017 to November 2024 he served as Deputy

General Manager and Board Secretary at TCL Zhonghuan Renewable Energy Technology Co. Ltd. Currently he continues to excel

in his role as Board Secretary a position he has held since March 2025.Offices in shareholders

□Applicable □ Not applicable

Whether

compensation or

Name in office Shareholder name Title Start date End date allowances are

received from

shareholder

Dongtai Jingtaifu

Jin Baofang Technology Co. Executive director No

Ltd.Offices in other entities

□Applicable □ Not applicable

Whether

compensation or

Name in office Entity name Title Start date End date

allowances are

received from

552024 Annual Report of JA Solar Technology Co. Ltd.

other entities

Jinglong Industrial

Jin Baofang Chairman

Group Co. Ltd.Jinglong

Jin Baofang Technology Executive director

Holding Co. Ltd.Beijing Jingguan

Energy

Jin Baofang Chairman

Technology Co.Ltd.Ningjin Jingyuan

Jin Baofang New Energy Co. Executive director

Ltd.Jinglong Property

Jin Baofang Executive director

Co. Ltd.Beijing Yangguang

Jinglong

Jin Baofang Executive director

Technology and

Trade Co. Ltd.Jinglong

Jin Baofang Director Group Co. Ltd.Sanhe Huadian

Yili Technology

Jin Baofang Executive director

and Trade Co.Ltd.JASO

Jin Baofang Top Holdings Director

Limited

JASO

Jin Baofang Director

Holdings Limited

Ningjin Rural

Jin Baofang Director

Bank Co. Ltd.Yangguang

Guifeng Electronic

Jin Baofang Executive director

Technology Co.Ltd.Beijing Zhongrui

Lesang Hotel

Jin Baofang Director

Management Co.Ltd.Tianjin Zhonglong

Jin Baofang Future Technology Director

Co. Ltd.Guanghua School Professor of

Cao Yangfeng of Management management

Peking University practices

University of

Master candidate

Jia Shaohua China Academy of

supervisor

Social Sciences

China Association

Jia Shaohua for Fiscal and Tax Vice Chairman

Law

Shunfeng

Independent

Zhao Yuwen International Clean

director

Energy Limited

Beijing Haotian

Zhang Miao Senior partner

Law Firm

562024 Annual Report of JA Solar Technology Co. Ltd.

Xiamen National Master candidate

Qin Xiaolu Accounting supervisor (off -

Institute campus)

China Dragon

Qin Xiaolu Securities Co. Supervisor

Ltd.Industry Mentor

for Doctoral

Candidates in

Accounting

Master’s

Qin Xiaolu Xiamen University

Candidates in

Accounting and

Master’s

Candidates in

Auditing

Jinglong Industrial Assistant to

Li Yuntao

Group Co. Ltd. General Manager

Jinglong

Li Yuntao Technology General Manager

Holding Co. Ltd.Ningjin Jingyuan

Li Yuntao New Energy Co. Manager

Ltd.Hebei Finance

Li Yuntao Investment Supervisor

Leasing Co. Ltd.JA (Tianjin)

Li Yuntao Finance Lease Co. Chairman

Ltd.Hebei Jingning

Li Yuntao Elderly Care Director

Services Co. Ltd.Li Yuntao Ningjin Director

Rongcheng

Enterprise Service

Co. Ltd.Li Yuntao Bank of Xingtai Director

Co. Ltd.Li Yuntao Xingtai Qichang

Director and

Hotel Management

General Manager

Co. Ltd.Penalties imposed on current and departing directors supervisors and senior managers by securities regulatory authorities in the past

three years

□ Applicable □ Not applicable

3. Renumeration for directors supervisors and senior managers

Decision-making process criteria for determination and actual payment status of remuneration for directors supervisors and senior

managers

Decision-making process for the The Company adheres to its Articles of Association and the Remuneration Assessment

remuneration for directors supervisors Policy for Directors Supervisors and Senior Managers.and senior managers

Criteria for the renumeration for Directors supervisors and senior managers serving in the Company receive

directors supervisors and senior remuneration according to their administrative positions and duties in accordance with

managers the Company’s existing compensation policy.

572024 Annual Report of JA Solar Technology Co. Ltd.

Actual payments to directors The Company follows the decision-making process and criteria for determining the

supervisors and senior managers remuneration of directors supervisors and senior managers ensuring that their

compensation is paid on time.Renumeration of directors supervisors and senior managers in the reporting period

Unit: 10000 yuan

Whether

Total before-tax receiving

compensation compensation

Name Gender Age Title Office status

from the from related

Company parties of the

Company

Chairman and

Jin Baofang Male 72 Current 347.64 No

General Manager

Director and Deputy

Yang Aiqing Male 43 Current 356.33 No

General Manager

Jin Junhui Female 46 Director Current 315.16 No

Director and Deputy

Tao Ran Male 38 Current 248.16 No

General Manager

Cao Yangfeng Male 51 Director Current 157.04 No

Jia Shaohua Male 74 Director Current 12 No

Zhao Yuwen Male 85 Independent director Current 20 No

Zhang Miao Female 41 Independent director Current 20 Yes

Qin Xiaolu Female 49 Independent director Current 20 Yes

Chairman of the

Li Yuntao Male 45 Supervisory Current 0 Yes

Committee

Li Jing Female 34 Supervisor Current 71.59 No

Employee

Li Binbin Female 28 representative Current 15.05 No

supervisor

Deputy General

Manager and

Wu Tingdong Male 50 Left 238.16 No

Secretary of the

Board

Li Shaohui Male 50 Finance Director Current 238.25 No

Total -- -- -- 2059.38 --

Other notes

□ Applicable □ Not applicable

VI. Performance of Duties by Directors in the Reporting Period

1. Board meetings in the reporting period

Session No. Session date Disclosure date Resolutions

Refer to the Seventeenth

Meeting of the Sixth Board of

17th meeting of the 6th board

February 262024 February 272024 Directors on

of directors

http://www.cninfo.com.cn for

details.Refer to the Second Meeting

of the Eighteenth Board of

18th meeting of the 6th board

March 192024 Directors on

of directors March 182024

http://www.cninfo.com.cn for

details.

19th meeting of the 6th board April 102024 April 112024 Refer to the Nineteenth

582024 Annual Report of JA Solar Technology Co. Ltd.

of directors Meeting of the Sixth Board of

Directors on

http://www.cninfo.com.cn for

details.Refer to the Twentieth

Meeting of the Sixth Board of

20th meeting of the 6th board

April 292024 April 302024 Directors on

of directors

http://www.cninfo.com.cn for

details.Refer to the Twenty-first

Meeting of the Sixth Board of

21st meeting of the 6th board

May 062024 May 072024 Directors on

of directors

http://www.cninfo.com.cn for

details.Refer to the Twenty-second

Meeting of the Sixth Board of

22nd meeting of the 6th board

May 272024 May 282024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-third

Meeting of the Sixth Board of

23rd meeting of the 6th board

June 182024 June 192024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-fourth

Meeting of the Sixth Board of

24th meeting of the 6th board

July 092024 July 102024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-fifth

Meeting of the Sixth Board of

25th meeting of the 6th board

July 252024 July 262024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-sixth

Meeting of the Sixth Board of

26th meeting of the 6th board

August 302024 August 312024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-seventh

Meeting of the Sixth Board of

27th meeting of the 6th board

September 062024 September 072024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-eighth

Meeting of the Sixth Board of

28th meeting of the 6th board

September192024 September 202024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Twenty-nineth

Meeting of the Sixth Board of

29th meeting of the 6th board

October 282024 October 292024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Thirtieth Meeting

30th meeting of the 6th board

October 302024 October 312024 of the Sixth Board of

of directors

Directors on

592024 Annual Report of JA Solar Technology Co. Ltd.

http://www.cninfo.com.cn for

details

Refer to the Thirty-first

Meeting of the Sixth Board of

31th meeting of the 6th board

December 102024 December 112024 Directors on

of directors

http://www.cninfo.com.cn for

details

Refer to the Thirty-second

Meeting of the Sixth Board of

32th meeting of the 6th board

December 192024 December 202024 Directors on

of directors

http://www.cninfo.com.cn for

details

2. Director attendance at board meetings and general meetings

Director attendance at board meetings and general meetings

Board

Not attendance

meetings the

Attendances at in person or via

director Attendances at Attendances at Attendances at

board meetings Absences from communication

Director name should have board meetings board meetings general

via board meetings at two

attended in the in person by proxy meetings

communication consecutive

reporting

board meetings

period

Jin Baofang 16 16 0 0 0 No 4

Yang Aiqing 16 7 9 0 0 No 4

Jin Junhui 16 1 15 0 0 No 4

Tao Ran 16 12 4 0 0 No 4

Cao Yangfeng 16 2 14 0 0 No 4

Jia Shaohua 16 1 15 0 0 No 4

Zhao Yuwen 16 2 14 0 0 No 4

Zhang Miao 16 0 16 0 0 No 4

Qin Xiaolu 16 2 14 0 0 No 4

Not attendance in person or via communication at two consecutive board meetings

3. Director objections regarding Company matters

Whether directors raised objections regarding Company matters

□ Yes □ No

No objections were raised by the directors regarding Company matters during the reporting period.

4. Additional information on performance of duties by directors

Whether the suggestions from directors regarding Company matters adopted

□ Yes □ No

Note on adoption or not adoption of the suggestions from directors regarding Company matters

In the reporting period the Company’s directors fulfilled their responsibilities in strict adherence to relevant regulations such as the

Company Law Securities Law Code of Corporate Governance for Listed Companies Shenzhen Stock Exchange Listing Rules Articles

of Association and Rules of Procedures for Board Meetings. They provided valuable insights into the Company’s daily operational

decisions significantly enhancing the Company’s compliance and fostering informed decision-making.VII. Committees under the Board of Directors in the Reporting Period

Important Additional Specific

Number

Committee name Members Session date Content opinions and informatio information

of

recommendati n on on objections

602024 Annual Report of JA Solar Technology Co. Ltd.

meetings ons raised performanc (if any)

e of duties

Audit Qin Xiaolu Jia

January Q4 2023 audit review and Proposal

Committee Shaohua Zhao 6

162024 2024 work plan discussion approved

Yuwen

Audit Qin Xiaolu Jia

January KPMG presentation of 2023 Proposal

Committee Shaohua Zhao 6

252024 annual audit plan approved

Yuwen

Audit Qin Xiaolu Jia

April KPMG annual audit work Proposal

Committee Shaohua Zhao 6

232024 report approved

Yuwen

Audit Review of the following

Committee reports/topics 2023 Annual

Qin Xiaolu Jia Report Q1 2024 Report

April Proposal

Shaohua Zhao 6 2023 Internal Control Self-

282024 approved

Yuwen Assessment Report and

proposal on 2023 asset

impairment provisions

Audit Review of the following

Committee Qin Xiaolu Jia topics: 2024 Interim Report

August Proposal

Shaohua Zhao 6 and proposal on

292024 approved

Yuwen reappointment of 2024

external auditor

Audit Qin Xiaolu Jia

October Review of the Q3 2024 Proposal

Committee Shaohua Zhao 6

292024 Report approved

Yuwen

Cao Yangfeng

Strategy and Yang Ai Qing

March Review of power plant Proposal

Sustainability Tao Ran Zhao 4

182024 projects approved

Committee Yuwen Zhang

Miao

Cao Yangfeng

Strategy and Yang Ai Qing

April Review of the Sustainability Proposal

Sustainability Tao Ran Zhao 4

282024 and ESG Report approved

Committee Yuwen Zhang

Miao

Cao Yangfeng

Review of JA Solar

Strategy and Yang Ai Qing

Holdings’ acquisition of Proposal

Sustainability Tao Ran Zhao 4 July 032024

minority equity in Yangzhou approved

Committee Yuwen Zhang

JA

Miao

Cao Yangfeng

Strategy and Yang Ai Qing

December Review of the Oman cell and Proposal

Sustainability Tao Ran Zhao 4

172024 module project approved

Committee Yuwen Zhang

Miao

Remuneration Zhang Miao Review of termination of the

February Proposal

and Assessment Tao Ran Zhao 4 2022 and 2023 equity

232024 approved

Committee Yuwen incentive plans

Review of cancellation of

Remuneration Zhang Miao

April unexercised options under Proposal

and Assessment Tao Ran Zhao 4

262024 the expired 2020 equity approved

Committee Yuwen

incentive plan

Remuneration Zhang Miao Evaluation of 2023

April Proposal

and Assessment Tao Ran Zhao 4 performance and

282024 approved

Committee Yuwen compensation (allowances)

612024 Annual Report of JA Solar Technology Co. Ltd.

of non-director senior

management

Remuneration Zhang Miao

December 2024 work report by senior Proposal

and Assessment Tao Ran Zhao 4

132024 management approved

Committee Yuwen

VIII. Performance of Duties by Supervisory Committee

Whether the supervisory committee identified any risks during its oversight activities in the reporting period

□ Yes □ No

The supervisory committee did not raise any objection to matters supervised in the reporting period.IX. Employees

1. Staff number composition of professional and education background

Number of employees in the parent company at the end of the

36

reporting period

Number of employees in major subsidiaries at the end of the

37253

reporting period

Total employees at the end of the reporting period 37289

Total employees receiving compensation in the current period 37289

Number of retirees for whom the parent and major subsidiaries

8

must bear relevant expenses

Profession structure

Profession Number of employees

Production 30630

Sales 761

Technology 2148

Finance 353

Administration 3397

Total 37289

Education structure

Education background Number of employees

Master’s degree or higher 782

Bachelor’s degree 6545

Three-year college 9974

Others 19988

Total 37289

2. Compensation Policy

The Company adeptly navigates the complexities of a dynamic industry landscape by adopting differentiated compensation strategies

that align with its strategic development objectives. Informed by comprehensive benefits analysis and industry salary benchmarks we

continually refine our benefits system including annual comprehensive health check-ups and wellness seminars. Additionally our

employee care initiatives which celebrate birthdays marriages and other significant life events significantly enhance job satisfaction.To retain talent we have developed diverse incentive programs for critical positions incorporating project bonuses and performance-

based rewards. This performance-driven approach effectively links employee incentives to operational outcomes optimizing workforce

engagement and stability.

622024 Annual Report of JA Solar Technology Co. Ltd.

3. Training Plan

The Company prioritizes talent development as a fundamental strategic initiative with a focus on addressing employees’ career growth

needs. We effectively integrate both internal and external premium resources to create customized development pathways while

continuously adapting our training approaches to align with industry trends. Internally we capture and disseminate management

expertise through the extraction of knowledge from middle and senior leaders complemented by the development of an internal trainer

system that refines best operational practices. Externally we adopt advanced management tools and solutions. In alignment with our

global expansion strategy we have established a multi-tiered talent pipeline that spans management operations general skills and

cultural competencies effectively meeting the demands of our business growth. This comprehensive approach not only enhances

specialized capabilities and holistic competencies but also strengthens our organizational competitiveness advancing our framework

for international talent deployment and cultivation.

4. Labor outsourcing

□ Applicable □ Not applicable

X. Profit Distribution and Capital Reserve Conversion into Share Capital

The profit distribution policy during the reporting period particularly the formulation implementation or adjustment of the cash

dividend policy

□Applicable □ Not applicable

(I) The Company’s profit distribution policy is as below in accordance with its Articles of Association:

The profit distribution policy allows for dividends to be distributed in either cash or stock The cash dividend policy aims to

distribute residual dividends.

1. The board of directors should consider industry characteristics developmental stage operational model profitability and

significant capital expenditure arrangements. Based on these factors they should propose a differentiated cash dividend policy in

accordance with the procedures outlined in the Company’s Articles of Association.

(1) In the case where the Company is in a mature development stage and has no significant capital expenditure arrangements the

proportion of cash dividends in the current profit distribution should be no less than 80%;

(2) In the case where the Company is in a mature development stage and has significant capital expenditure arrangements the

proportion of cash dividends in the current profit distribution should be no less than 40%;

(3) In the case where the Company is in a growth development stage and has significant capital expenditure arrangements the

proportion of cash dividends in the current profit distribution should be no less than 20%;

In the case where it is not easy to determine the Company’s development stage but the Company has significant capital expenditure

arrangements the preceding rule applies.

2. Profit distribution policy

The profit distribution policy should prioritize ensuring investors receive fair returns on their investments while maintaining

consistency and stability. The Company may distribute its profit in cash or stock within the cumulative distributable profits and without

damaging the Company’s going concern.In the decision-making and review process of profit distribution policy the board of directors the supervisory committee and the

general meeting of shareholders should give full consideration to the opinions of independent directors and public investors.

(1) Profit distribution forms: Cash and/or stock with cash distribution preferred.

(2) Specific conditions and ratios for the cash dividend distribution:

If none of the following conditions are met the Company will distribute at least 10% of the annual distributable profit in cash

each year and the cumulative cash dividends over the past three years will be no less than 30% of the average annual distributable

profit over the same period.If any of the following conditions is met the Company may choose not to distribute profits for the year:

* The auditors for the latest financial statements of the Company have expressed an opinion other than unqualified opinion or an

unqualified opinion for paragraphs regarding significant uncertainty related to going concern;

* The Company’s debt-to-asset ratio exceeds 80%;

* The Company’s net operating cash flow is negative;

* The Company has significant investment plans or substantial cash outflows;

* The Company’s cumulative distributable profit (i.e. the after-tax profit after offsetting losses and creating reserves) at the end

of the year is zero or negative; or

* The Company’s net profit attributable to shareholders of the listed company for the year is zero or negative.A significant investment plan or substantial cash outflow is defined as one of the following circumstances:

* Over the next twelve months the Company plans to invest externally acquire assets or purchase equipment with cumulative

expenditures reaching or exceeding 50% of its latest audited net assets and exceeding 50 million yuan;

632024 Annual Report of JA Solar Technology Co. Ltd.

* Over the next twelve months the Company plans to invest externally acquire assets or purchase equipment with cumulative

expenditures reaching or exceeding 30% of its latest audited total assets;

Where shareholders are found to have improperly used funds of the listed company the Company should deduct cash dividends

allocated to such shareholders to repay the funds they have misappropriated.The undistributed profits retained by the Company after profit distribution for the year should be used for the development of the

Company’s main business.

(3) The specific conditions for paying stock dividends: In the event of rapid growth and a perceived disparity between the

Company’s share price and share capital scale the board of directors may propose a plan to distribute stock dividends provided that

the aforementioned cash dividend distribution is completed. The statutory reserve is utilized to offset the Company’s losses expand

production and operation scale or increase the Company’s capital. When statutory reserve is converted into capital the retained amount

of such reserve shall be no less than 25% of the Company’s registered capital before the conversion.

(4) Profit distribution intervals: Usually annual dividends are distributed but the board of directors may also propose mid-year

dividends based on the Company’s financial needs.

(5) Profit distribution should comply with the following principles:

* statutory distribution sequence;

* not profit distribution when uncovered losses exist;

* Pari-Passu principle;

* The Company may not receive profit distribution for its shareholdings in the Company.(II) Implementation of cash dividend policy in the reporting period

On April 29 2024 the 20th meeting of the sixth board of directors and the 13th meeting of the sixth supervisory committee were

convened during which the Proposal on the 2023 Profit Distribution Plan was reviewed and approved. The plan stipulates a cash

dividend distribution of 0.563 yuan per share (tax inclusive) to all shareholders based on the total share capital recorded on the

implementation date. Importantly no bonus shares or capital reserve conversions would occur. Following approval at the 2023 annual

general meeting of shareholders the Company successfully executed the profit distribution on May 30 2024.Special note on cash dividend policy

Compliance with provisions of the Articles of Association or

Yes

resolutions of the general meeting:

Dividend standards and ratios are clear: Yes

Relevant decision-making procedures and mechanism are

Yes

complete:

Independent directors perform their duties and played their

Yes

role:

In the event of the Company not carrying out cash dividends

specific reasons should be disclosed along with proposed Yes

measures for enhancing investor returns in the future:

Middle and small shareholders have opportunities to fully

express their views and needs with their legitimate rights and Yes

interests fully protected:

Conditions and procedures are in compliance with regulations

Not applicable there was no adjustment or change in the cash

and transparent where the cash dividend policy is adjusted or

dividend policy in the reporting period.changed:

The Company has achieved profits and the profit attributable to shareholders of the parent company is positive but no cash dividend

proposal is raised

□ Applicable □ Not applicable

Profit distribution and capital reserve converted to share capital in the reporting period

□Applicable □ Not applicable

The Company has decided not to distribute cash dividends issue bonus shares or convert capital reserves for the current fiscal year.XI. Implementation of Share Incentive Plan Employee Stock Ownership Plan or Other

Employee Incentive Measures

□Applicable □ Not applicable

1. Share incentive

642024 Annual Report of JA Solar Technology Co. Ltd.

Stock option and restricted share incentive plan for the year 2020

In March 2020 to bolster the long-term incentive mechanism and to attract and retain top talent as approved by the fourth meeting

of the fifth board of directors and the third extraordinary general meeting in 2020 the Company approved to implement the 2020 Stock

Option and Restricted Share Incentive Plan. The initial grant of stock options totaling 16.5523 million share options was recorded on

May 20 2020 benefiting 110 incentive recipients. On June 18 2020 the initial grant of restricted shares totaling 9.5257 million shares

was recorded benefiting 436 incentive recipients. On May 13 2021 the reservation grant of restricted shares was recorded providing

454300 restricted shares to 36 incentive recipients. On May 31 2021 the reservation grant of stock options was recorded providing

1.4467 million stock options to 48 incentive recipients.

On May 17 2021 the 22nd meeting of the fifth board of directors and the 16th meeting of the fifth supervisory committee

approved the Proposal on Meeting the Exercise Conditions of the First Exercise Period for Initial Stock Option Grant within the Stock

Option and the Restricted Share for the Year 2020 and the Proposal on Meeting the Vesting Conditions of the First Vesting Period for

the Initial Restricted Share Grant within the Stock Option and the Restricted Share for the Year 2020. It was agreed that the relevant

exercise conditions and vesting conditions were met. In the first vesting period for the initial grant of restricted shares the restrictions

on a total of 2829000 shares were removed. In the first exercise period (May 28 2021 to May 19 2022) for the initial grant of stock

options a total of 4904430 stock options were exercised.On April 29 2022 the 32nd meeting of the fifth board of directors and the 21st meeting of the fifth supervisory committee

approved the Proposal on Meeting the Exercise/Vesting Conditions of the Second Exercise/Vesting Period for Initial Grant within the

Stock Option and the Restricted Share for the Year 2020 and the Proposal on Meeting the Exercise/Vesting Conditions of the First

Exercise/Vesting Period for the Reservation Grant within the Stock Option and the Restricted Share for the Year 2020. It was agreed

that the relevant exercise conditions and vesting conditions were met. In the second vesting period for the initial grant of restricted

shares the restrictions on a total of 3929562 shares were removed. In the second exercise period (May 20 2022 to May 19 2023) for

the initial grant of stock options a total of 6059409 stock options were exercised. In the first vesting period for the reservation grant

of restricted shares the restrictions on a total of 227150 shares were removed. In the first exercise period (May 31 2022 to May 30

2023) for the reservation grant of stock options a total of 723755 stock options were exercised.

On April 26 2023 the 5th meeting of the sixth board of directors and the 5th meeting of the sixth supervisory committee approved

the Proposal on Meeting the Exercise/Vesting Conditions of the Third Exercise/Vesting Period for Initial Grant within the Stock Option

and the Restricted Share for the Year 2020 and the Proposal on Meeting the Exercise/Vesting Conditions of the Second

Exercise/Vesting Period for the Reservation Grant within the Stock Option and the Restricted Share for the Year 2020. It was agreed

that the relevant exercise conditions and vesting conditions were met. In the third vesting period for the initial grant of restricted shares

the restrictions on a total of 7306880 shares were removed. In the third exercise period (May 22 2023 to March 29 2024) for the

initial grant of stock options a total of 12639805 stock options were exercised. In the second vesting period for the reservation grant

of restricted shares the restrictions on a total of 445214 shares were removed. In the second exercise period (May 31 2022 to February

23 2024) for the reservation grant of stock options a total of 1026047 stock options were exercised.

The incentive plan for the year 2020 was completely implemented.Stock option and restricted share incentive plan for the year 2022

To bolster the long-term incentive mechanism and to attract and retain top talent as approved by the 32nd meeting of the fifth

board of directors on April 29 2022 and the annual general meeting for the year 2021 on June 8 2022 the Company approved to

implement the 2022 Stock Option and Restricted Share Incentive Plan. On July 25 2022 the grant of stock options and restricted

shares was recorded; a total of 15027600 stock options were granted to 837 incentive recipients; and a total of 4298000 restricted

shares were granted to 32 incentive recipients.On July 13 2023 the 7th meeting of the sixth board of directors and the 7th meeting of the six supervisory committee approved

the Proposal on Meeting the Exercise Conditions of the First Exercise/Vesting Period for Initial Grant within the Stock Option and the

Restricted Share for the Year 2022. It was agreed that the relevant exercise conditions and vesting conditions were met. In the first

vesting period for the initial grant of restricted shares the restrictions on a total of 1805160 shares were removed. The first exercise

period (July 25 2023 to July 24 2024) for the initial grant of stock options stock options can be exercised.On February 26 2024 the 17th meeting of the sixth board of directors and the 12th meeting of the sixth supervisory committee

approved the Proposal on Terminating the Implementation of the Stock Option and Restricted Share Incentive Plan for the Year 2022

and Canceling Stock Options and Repurchasing Canceled Restricted Shares. On March 13 2024 the Company held the year’s first

extraordinary general meeting which approved the above proposal.As of the termination of the incentive plan for the year 2022 a total of 1805160 restricted shares were released from restriction

and a total of 665914 stock options were exercised; the Company canceled 19793722 stock options that had been granted but not yet

exercised and repurchased and canceled 4212040 restricted stocks that had been granted but not yet released from restriction.Stock option and restricted share incentive plan for the year 2023

To bolster the long-term incentive mechanism and to attract and retain top talent as approved by the 11th meeting of the sixth

board of directors on August 30 2023 and the third extraordinary general meeting for the year 2023 on September 18 2023 the

Company approved to implement the Stock Option and Restricted Share Incentive Plan for the Year 2023. On October 18 2023 the

grant of restricted shares was recorded with a total of 3.4 million restricted shares granted to 11 incentive recipients; and on December

16 2023 the grant of stock options was recorded with a total of 78840200 stock options granted to 2652 incentive recipients.

On February 26 2024 the 17th meeting of the sixth board of directors and the 12th meeting of the sixth supervisory committee

approved the Proposal on Terminating the Implementation of the Stock Option and Restricted Share Incentive Plan for the Year 2023

and Canceling Stock Options and Repurchasing Canceled Restricted Shares. On March 13 2024 the Company held the year’s first

extraordinary general meeting which approved the above proposal.

652024 Annual Report of JA Solar Technology Co. Ltd.

As of the termination of the incentive plan for the year 2023 the Company canceled 78840200 stock options that had been

granted but not yet exercised and repurchased and canceled 3.4 million restricted stocks that had been granted but not yet released from

restriction.Share incentives granted to directors and senior managers

□Applicable □ Not applicable

Unit: Share

Exercise

Stock price of Restricted

Grant price

options Options Options options Closing Shares shares

of

newly exercisable exercised exercised Closing market vetted in newly Closing

Opening stock Opening restricted restricted

Name Title granted in in the in the in the stock price the granted in restricted

options shares shares

the reporting reporting reporting options (yuan/share reporting the shares

(yuan/share

reporting period period period ) period reporting

)

period (yuan/share period

)

Director and

Yang Aiqing Deputy General 588000 0 0 0 0 0 13.75 500000 0 0 0 0

Manager

Cao

Director 0 0 0 0 0 0 13.75 437200 0 0 0 0

Yangfeng

Deputy General

Manager and

Wu Tingdong 0 0 0 0 0 0 13.75 564640 0 0 0 0

Secretary of the

Board

Li Shaohui Finance Director 0 0 0 0 0 0 13.75 564640 0 0 0 0

Total -- 588000 0 0 0 -- 0 -- 2066480 0 0 -- 0

On February 26 2024 the 17th meeting of the sixth board of directors and the 12th meeting of the sixth supervisory

committee reviewed and approved the Proposal to Terminate the 2022 Stock Option and Restricted Stock Incentive Plan

along with the Cancellation of Stock Options and the Repurchase/Cancelation of Restricted Shares as well as the Proposal

Notes (if any) to Terminate the 2023 Stock Option and Restricted Stock Incentive Plan along with the Cancellation of Stock Options and

the Repurchase/Cancelation of Restricted Shares. Subsequently on March 13 2024 the Company convened the first

extraordinary general meeting of shareholders for 2024 which also approved these pivotal proposals. Consequently the

stock options and restricted shares held by relevant directors and senior management have been effectively canceled.Assessment mechanism and incentive arrangements for senior managers

The Company has established a comprehensive remuneration assessment system whereby the Remuneration and Assessment

Committee determines the salary range for senior managers based on their positions responsibilities job performance and completion

of assigned tasks. This system reflects the principle of parity between responsibility and rights ensuring that compensation is

commensurate with the importance of the position workload and level of responsibility. In the reporting period the Company’s senior

managers demonstrated a commitment to upholding their responsibilities in accordance with legal and regulatory requirements. They

actively implemented decisions made by the general meeting and the board of directors fulfilled their assigned duties and effectively

achieved the objectives set for the year.

2. Implement ion of employee stock ownership plan

□ Applicable □ Not applicable

3. Other employee incentive measures

□ Applicable □ Not applicable

XII. Development and Implementation of Internal Controls in the Reporting Period

1. Development and implementation of internal controls

In compliance with the Company Law Securities Law and relevant regulations of the China Securities Regulatory Commission

and the Shenzhen Stock Exchange following the fundamental principles of internal control and given the Company’s specific needs

the Company has refined and adjusted the internal control system to encompass crucial aspects of corporate management and ensure

the design of internal controls is sound reasonable and effective. The Company has established a robust corporate governance structure

662024 Annual Report of JA Solar Technology Co. Ltd.

an organization framework aligned with its business needs effective incentive mechanisms and a comprehensive risk assessment

system.

(1) The general meeting the board of directors and the supervisory committee operate legally and made decisions based on sound

principles. Independent directors and supervisors are able to fully and independently fulfill their oversight responsibilities and provide

independent evaluations. In response to the strategy and sustainable development requirements of the Company and to advance the

realization of the Company’s ESG objectives the board of directors has established a Strategy and Sustainability Committee. This

strengthens the board’s oversight of the Company’s sustainability initiatives.

(2) The internal audit department conducts internal audits independently and in compliance with the law ensuring effective

oversight of management and the proper functioning of internal controls.

(3) The Company consistently arranges training sessions regarding regulatory compliance for directors supervisors and senior

managers to raise the corporate governance standards of the leadership team. Furthermore tailored compliance training is conducted

for middle-level managers and ordinary employees to heighten their awareness of risk prevention and reinforce a culture of compliance.These initiatives ensure the effective implementation of internal controls and contribute to the Company’s adherence to operational

standards facilitating its sustainable development.In the reporting period the board of directors conducted a thorough self-assessment of the Company’s internal controls. The 2024

Annual Internal Control Self-Assessment Report provides a comprehensive accurate and truthful depiction of the Company’s internal

control landscape. According to the report the Company’s internal control framework has been effectively implemented ensuring

robust financial reporting controls across all significant areas in compliance with internal control standards and relevant regulations.Furthermore there were no material weaknesses identified in internal controls for non-financial reporting during the reporting period.In the upcoming period the Company will further refine its internal controls ensure the standardized execution of internal controls

strengthen supervision and inspection mechanisms and foster the Company’s healthy and sustainable development.

2. Specific information on material weaknesses identified in internal controls in the reporting period

□ Yes □ No

XIII. Management and Control over Subsidiaries in the Reporting Period

Subsidiary Integration Issues found in Resolution Subsequent

Integration plan Measures taken

name progress integration progress solution

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

XIV. Internal Control Evaluation Report or Internal Control Audit Report

1. Internal control evaluation report

Disclosure date of the full text of internal

April 252025

control evaluation report

Index to disclosed full text of internal

www.cninfo.com.cn

control evaluation report

Total assets of entities covered by the

evaluation as a percent of the total assets

82.19%

in the Company’s consolidated financial

statements

Operating revenue of entities covered by

the evaluation as a percent of the

81.91%

operating revenue in the Company’s

consolidated financial statements

Deficiency criteria

Category Financial reporting Non-financial reporting

Qualitative criteria for material weakness Qualitative criteria for material weakness

include: include:

(1) absence of decision-making (1) The Company is exposed to severe

Qualitative criteria procedure; penalties from regulatory authorities for

(2) material error caused by the decision- serious violations of laws or regulations;

making procedure; (2) Improper critical decision-making

(3) Violation of national laws and/or causes critical direct property losses;

672024 Annual Report of JA Solar Technology Co. Ltd.

regulations and punishment imposed (3) Overall absence of systemic controls

consequently; lead to a company-wide control failure;

(4) absence of controls or systemic (4) The Company is subject to critical

failures in significant business activities; penalties from the China Securities

(5) material weaknesses in internal Regulatory Commission or warnings

controls not corrected. from stock exchanges.Qualitative criteria for significant Qualitative criteria for significant

deficiency include: deficiency include:

(1) decision-making procedure with (1) The Company is subject to significant

deficiencies leading to significant losses; fines due to violation of laws or

(2) significant error caused by the regulations;

decision-making procedure; (2) Improper critical decision-making

(3) significant loss caused by breach of causes significant direct property losses;

internal rules; (3) Absence of policies and systemic

(4) significant faults in important business controls over significant business

policies or systems; activities or key processes compounded

(5) significant deficiencies in internal by a lack of adequate compensatory

controls not corrected. measures resulting in the failure of

control in the business;

Qualitative criteria for moderate (4) Occurrences of significant quality

deficiency include: environmental and occupational health

Control deficiencies causing and safety incidents cause significant

misstatement in financial statements reputational damage.other than critical and significant

Qualitative criteria for moderate

deficiencies mentioned above.deficiency include:

Control deficiencies other than critical

and significant deficiencies mentioned

above.Operating revenue and total assets are the

Operating revenue and total assets are the measures in quantitative criteria.measures in quantitative criteria.The potential or realized losses resulting

The potential or realized losses resulting

from an internal control deficiency are

from an internal control deficiency are

measured by total assets if they are related

measured by total assets if they are related

to balance sheet. The deficiency is defined

to balance sheet. The deficiency is defined

as a moderate deficiency if the potential

as a moderate deficiency if the potential

or realized misstatement amount in the

or realized misstatement amount in the

financial reports resulting from the

financial reports resulting from the

deficiency alone or in combination with

deficiency alone or in combination with

other deficiencies is less than 0.2% of

other deficiencies is less than 0.2% of

total assets; a significant deficiency if the

total assets; a significant deficiency if the

amount reaches or exceeds 0.2% but is

amount reaches or exceeds 0.2% but is

less than 0.5% of total assets; a material

less than 0.5% of total assets; a material

weakness if the amount reaches or

weakness if the amount reaches or exceeds 0.5% of total assets.exceeds 0.5% of total assets.Quantitative criteria The potential or realized losses resulting The potential or realized losses resulting

from an internal control deficiency are

from an internal control deficiency are

measured by operating revenue if they

measured by operating revenue if they are

are related to income statement. The

related to income statement. The

deficiency is defined as a moderate

deficiency is defined as a moderate

deficiency if the potential or realized

deficiency if the potential or realized

misstatement amount in the financial

misstatement amount in the financial

reports resulting from the deficiency

reports resulting from the deficiency

alone or in combination with other

alone or in combination with other

deficiencies is less than 0.2% of

deficiencies is less than 0.2% of operating

operating revenue; a significant

revenue; a significant deficiency if the

deficiency if the amount reaches or

amount reaches or exceeds 0.2% but is

exceeds 0.2% but is less than 0.5% of

less than 0.5% of operating revenue; a

operating revenue; a material weakness if

material weakness if the amount reaches

the amount reaches or exceeds 0.5% of

or exceeds 0.5% of operating revenue.operating revenue.

682024 Annual Report of JA Solar Technology Co. Ltd.

Material weaknesses in financing

0

reporting

Material weaknesses in non-financial

0

reporting

Significant deficiencies in financing

0

reporting

Significant deficiencies in non-financing

0

reporting

2． Internal control audit report

□Applicable □ Not applicable

Audit opinion paragraph in the internal control audit report

JA Solar maintained effective internal control over financing reporting in all material aspects for the year ending December 31

2024 in accordance with Basic Guidelines for Internal Controls in Businesses and applicable provisions.

Disclosure of internal control audit report Disclosed

Disclosure date of the full text of internal control audit report April 25 2025

Index to disclosed full text of internal control audit report www.cninfo.com.cn

Type of audit opinion in the internal control audit report Unqualified opinion

Any material weaknesses in non-financial reporting No

Any internal control audit report with an opinion other than unqualified opinion issued by the accounting firm

□ Yes □ No

Werther the internal control audit report issued by the accounting firm is consistent with the opinion in the board of director’s elf-

evaluation report

□ Yes □ No

XV. Correction of Issues Identified in the Special Action on the Governance of Listed

Company

Not applicable

692024 Annual Report of JA Solar Technology Co. Ltd.

Section V. Environmental and Social Responsibility

I．Material Environmental Events

Whether the listed company and/or its subsidiaries are key waste discharge entities published by the environmental protection

authority

□ Yes □ No

Policies and industrial standards in environmental protection

The Company actively identifies and adheres to industry standards national and local laws including the Environmental Protection

Law of the People’s Republic of China Environmental Impact Assessment Law of the People’s Republic of China Management

Measures for Enterprise Environmental Information Disclosure Atmospheric Pollution Prevention and Control Law of the People’s

Republic of China Water Pollution Prevention and Control Law of the People’s Republic of China Soil Pollution Prevention and

Control Law of the People’s Republic of China Law of the People’s Republic of China on Prevention and Control of Environmental

Pollution by Solid Waste Law of the People’s Republic of China on Promoting Clean Production Energy Conservation Law of the

People’s Republic of China and Pollutant Discharge Permit Management Measures (2024). We strive to enhance the Company’s

energy efficiency and resource utilization continuously improve the ISO 14001 environmental management system explore circular

economy new model promote clean production drive the establishment of green factories and zero waste factories and facilitate the

group’s sustainable development.Environmental permits

The Company conducts environmental impact assessments and approvals for all projects in accordance with national environmental

protection regulations such as the Environmental Impact Assessment Law of the People’s Republic of China and Pollutant Discharge

Permit Management Measures. This ensures that environmental protection facilities are designed constructed put into operation and

used simultaneously with the main projects. We have established environmental management systems and fully implemented the

environmental protection responsibility system. We regulate environmental behaviors prevent environmental pollution and minimize

environmental pollution.In 2024 the Company’s headquarters conducted comprehensive Compliance Due Diligence on Pollutant Emissions across all

photovoltaic manufacturing facilities achieving a remarkable 100% timely response rate. All Environmental Health and Safety (EHS)

personnel at domestic production sites have successfully completed training on the newly implemented Pollutant Discharge Permit

Management Measures (2024). Each operational base including international facilities has secured valid pollutant discharge permits

or equivalent local environmental permits. In alignment with the Measures for the Mandatory Disclosure of Enterprise Environmental

Information all domestic sites transparently disclose emission data via national or local government ecological platforms or through

on-site public displays thereby ensuring accountability and public oversight.

702024 Annual Report of JA Solar Technology Co. Ltd.

Specific details of industry discharge standards and the discharges of pollutants involved in production and operational activities

Types of

main Names of main Number

Company or

pollutants pollutants and of Distribution of Approved Over-limit

subsidiary Discharge method Discharge concentration/intensity Discharge standards Total discharge amounts and distinctive discharg discharge outlets discharge limits discharge

name

distinctive pollutants e outlets

pollutants

Exhaust gases Emission Standard of

undergo Pollutants for Battery Chlorine (Cl?): 4.042t;

Fluorides Ammonia: 3 mg/m3

treatment via air Industry Emission Control Hydrogen Chloride: 12.953t;

Hydrogen Nitrogen Oxides: 3.7 mg/m3

pollution control Standard of Volatile Organic Fluorides (F): 14.289t;

Chloride NMTHC: 5.05 mg/m3

JA Solar systems before 22 in the Third Zone Compounds for Industrial Ammonia: 12.4465t; Nitrogen

Air Chlorine Fluorides (F): 2.78 mg/m3 Below

Holdings being discharged 49 8 in the Fifth Zone Enterprises Emission Particulate Matter (PM): Oxides:

Pollutants Nitrogen Oxides Particulate Matter: 7.2 mg/m3 limits.Co. Ltd. ensuring and 19 in Dongcheng Standards for Odor 9.598t; 62.547t/a.Particulate Hydrogen Sulfide: 0.11 mg/m3

compliance with Pollutants (GB 14554-93) NMTHC: 15.752t;

Matter NMTHC Hydrogen Chloride: 4.2 mg/m3

regulatory Integrated Emission Standard Nitrogen Oxides: 3.076t;

Odors NH? H?S Chlorine: 2.5 mg/m3

emission of Air Pollutants (GB 16297- Hydrogen Sulfide: 0.02751t.standards. 1996)

After treatment at

the plant’s

COD: 195.788t

wastewater COD: 25 mg/L;

COD BOD NH?-N: 16.944t

treatment facility BOD: 19.1 mg/L;

NH?-N Integrated Wastewater TP: 0.661t COD:

the effluent is NH?-N: 5.04 mg/L;

JA Solar Suspended 2 in the Third Zone Discharge Standard TN: 24.446t 708.721t/a;

Water discharged to the Suspended Solids: 12 mg/L; Below

Holdings Solids Fluorides 4 1 in the Fifth Zone Emission Standard of Suspended Solids: 35.79t NH?-

Pollutants municipal Fluorides: 5.36 mg/L; limits.Co. Ltd. TN TP and 1 in Dongcheng Pollutants for Battery BOD: 42.051t N:104.277t/a.wastewater TN: 6.88 mg/L;

Petroleum Industry Fluorides: 16.889t.treatment plant TP: 0.12 mg/L;

Hydrocarbons Petroleum Hydrocarbons:

for further Petroleum Hydrocarbons: 15 mg/L.

0.971t (only in Dongcheng)

treatment before

final release.Welding fumes Plant 1 Plant 2

Integrated Emission Standard

are efficiently Plant 3 Plant 4 and

PM Sn & of Air Pollutants (DB31/933-

Hefei JA directed through Plant 5 each have NMTHC: 16.25mg/m3;

compounds 2015) special limits in the PM: 0.59t;

Solar Air exhaust ducts to two waste gas PM: 3.91mg/m3; Below

NMTHC NOx 30 Standard for Fugitive NMTHC: 45.48t; N/A

Technology Pollutants a two-stage emission outlets. The Sn & compounds: ＜0.3mg/m3 limits.SO? Xylene Emission of Volatile Organic Sn & compounds: 0t.Co. Ltd. activated carbon Smart Factory’s

H?S NH? Compounds (GB 37822—

adsorption Phase I Phase II

2019)

system for Phase III and Phase

712024 Annual Report of JA Solar Technology Co. Ltd.

thorough IV projects are

treatment before equipped with four

being released emission outlets

through elevated each. Furthermore

stacks. Similarly the facility includes

lamination one boiler emission

exhaust gases are outlet one laboratory

channeled to an waste gas outlet one

electrostatic oil wastewater treatment

removal unit station outlet and

followed by a one outlet from the

two-stage hazardous waste

activated carbon storage facility.adsorption

system ensuring

effective

treatment prior to

emission. The

boiler system has

been retrofitted

for low nitrogen

oxides with its

exhaust gases

discharged

directly.Laboratory

exhaust

undergoes

rigorous

treatment

through a two-

stage activated

carbon

adsorption

system before

being emitted via

elevated stacks.Hefei JA Water COD BOD The wastewater 1 main discharge COD: 38.33mg/L; Effluent Acceptance COD: 5.43t; COD: 38.90t/a; Below

Solar Pollutants NH?-N is treated by the outlet at the TN: 24.68mg/L; Standards of Western Cluster TN: 3.28t; NH?-N:3.42t/a; limits.

722024 Annual Report of JA Solar Technology Co. Ltd.

Technology Suspended plant’s wastewater treatment NH?-N: 5.65mg/L; Wastewater Treatment Plant NH?-N: 0.72t; TN: 15.89t/a.Co. Ltd. Solids TN TP wastewater station located in the TP: 1.93mg/L; TP: 0.27t;

treatment facility southwest corner of BOD: 11.95mg/L; Suspended Solids: 2.38t;

before being the plant area. Suspended Solids: 15.92mg/L BOD5: 1.67t.discharged into

the municipal

sewage network

with online

monitoring

equipment

installed to

ensure

compliance.Exhaust gases

undergo 5 in the No.1 Module HCl: 4.5mg/m3; Emission Standard of

NH?: 2.49t

Fluorides HCl treatment via air Factory 5 in the No. Fluorides: 1.05mg/m3; Pollutants for Battery

HCl: 2.564t

Chlorine PM pollution control 2 Module Factory 9 PM: 1.4mg/m3; Industry (GB 30484-2013)

Yiwu JA Fluorides: 2.126t

NH? NMTHC systems before in the No. 1 Cell Chlorine <0.2 mg/m3; Emission Standards for Odor

Solar Air Chlorine: 0.029t VOCs ： Below

H?S Odor being discharged 33 Factory 12 in the NH?: 2.77mg/m3; Pollutants (GB 14554-93)

Technology Pollutants PM: 4.164t 27.402t/a limits.Concentration ensuring No.2 Cell Factory NMTHC: 3.42mg/m3; Integrated Emission Standard

Co. Ltd. NMTHC: 10.99tt

Ethanol Tin & compliance with and 2 in the H?S: 0.147mg/m3; of Air Pollutants (GB 16297-

H?S: 0.065t

Compounds regulatory wastewater treatment Tin & Compounds: 1.11ug/m3; 1996)

Tin & Compounds: 0.0023t.emission station. Odor Concentration:549.standards.The effluent is

TN: 21.2 mg/L;

treated at the

TP: 0.52 mg/L;

waste water COD: 44.64t

Yiwu JA SS: 29 mg/L; COD:

pH COD SS station within the 1 main discharge Emission Standard of NH?-N: 9.14t

Solar Water COD: 39.46 mg/L; 646.966t/a; Below

TN TP NH?-N plant area before 1 outlet on the western Pollutants for Battery TN: 23.99t

Technology Pollutants NH?-N: 8.08 mg/L; NH?-N: limits.Fluorides (F) being discharged side of the plant area. Industry (GB 30484-2013)） Fluorides (F): 4.41t

Co. Ltd. Fluorides (F): 3.9 mg/L; 129.393t/a.to Choujiang TP: 0.59t.pH: 6.76.Sweage

Treatment Plant.Fluorides HCl Exhaust gases 4 in the module Isopropanol: 13.3mg/m3; Emission Standard of Isopropanol: 5.6824t;

Cl? PM NH? undergo workshop 19 in the Tin & Compounds: 0.00083mg/m3; Pollutants for Battery Tin & Compounds: 0.00042t;

Dongtai JA

Air H?S NMTHC treatment via air cell workshop 1 in NH?: 9.61mg/m3; Industry (GB 30484-2013) NH?: 1.7886t; Below

Solar 25 N/A

Pollutants Ethanol Xylene pollution control the wastewater H?S: 0.00975mg/m3; Emission Standards for Odor H?S: 0.0019t limits.Technology

Tin & systems before treatment station and Cl?: 2.875mg/m3 Pollutants (DB32/4041- Cl?: 1.1874t

Compounds being discharged 1 in the hazardous PM: 1.4988mg/m3; 2021) Emission Standards PM: 1.0857t

732024 Annual Report of JA Solar Technology Co. Ltd.

Isopropanol ensuring waste storage NMTHC: 22.23mg/m3 for Odor Pollutants (GB NMTHC: 22.8595t.NOx Ozone SO? compliance with facility. 14554-93) Emission

regulatory standard of Air Pollutants for

emission Boiler (DB32/4385-2022)

standards.The wastewater

COD: 25.808mg/L;

is treated at the COD: 100.0221t

SS: 7.75mg/L;

plant’s SS: 30.2853t

NH?-N: 6.6276mg/L;

pH COD SS wastewater NH?-N: 25.8142t

TP: 0.1825mg/L;

TN TP NH?-N treatment facility 1 main discharge TP: 0.7132t

Dongtai JA TN: 4.1475mg/L; Emission Standard of

Water Fluorides (F) before being outlet on the TN: 16.2075t Fluorides (F): Below

Solar 1 Fluorides (F): 3.41mg/L; Pollutants for Battery

Pollutants Chlorides discharged to northern side of the Fluorides (F): 12.9644t 25.8t/a limits.Technology Chlorides: 480mg/L; Industry (GB 30484-2013)

Salinity Animal Dongtai plant area. Chlorides: 1875.7341t

Total Salinity: 2157.5mg/L;

& Vegetable Oils Rundong Water Total Salinity: 8431.0339t

Animal & Vegetable Oils:

Purification Co. Animal & Vegetable Oils:

0.155mg/L;

Ltd. for further 0.6057t.pH: 7.3.treatment.Emission Standard of

Pollutants for Battery

Exhaust gases Industry (GB 30484-2013)

0 in the cell HCl: 1.08mg/m3;

undergo Emission Control Standard of Cl?: 2.036t

workshop 4 in the Cl?: 0.9mg/m3;

Fluorides HCl treatment via air Volatile Organic Compounds HCl: 25.794t VOCs：

wafer slicing Fluorides: 0.47mg/m3;

Cl? NOx PM pollution control for Industrial Enterprises Fluorides: 19.794t 54.8064t/a。

Shijiazhuang workshop 2 in the Ammonia: 0.93kg/h;

NMTHC SO? systems before Emission Standards for Odor Ammonia: 1.074t SO?: 1.936t/a

JA Solar Air centralized liquid NOx: 25mg/m3; Below

Odor being discharged 37 Pollutants (GB 14554-93) PM: 3.782t NOx: 24.65t/a

Technology Pollutants and gas supply NMTHC: 3.58mg/m3; limits.Concentration ensuring Emission Control Standard of NMTHC: 18.403t VOCs:

Co. Ltd. facility 1 in the PM: 3.6mg/m3;

Ammonia compliance with Volatile Organic Compounds NOx: 7.924t 54.8064t/a.wastewater station Hydrogen Sulfide: 0.18mg/m3;

Hydrogen Sulfide regulatory for Industrial Enterprises SO?: 0t

and 10 in the boiler SO?: ND;

emission (DB 13/ 2322—2016) Hydrogen Sulfide: 0.029t.facility. Odor Concentration: 549.standards. Emission standard of Air

Pollutants for Boiler (GB

13271-2014)

The wastewater COD：44mg/L;

Emission Standard of COD: 140.020t

is treated at the NH?-N: 7.61mg/L;

Shijiazhuang 1 main discharge Pollutants for Battery NH?-N: 18.234t COD:

COD NH?-N plant’s SS: 31mg/L;

JA Solar Water outlet on the Industry (GB 30484-2013) TP: 0.274t 742.500t/a; Below

SS Fluorides (F) wastewater 1 Fluorides (F): 0.7mg/L;

Technology Pollutants northern side of the and Effluent Acceptance TN: 19.029t NH?-N: limits.TN TP treatment facility TN: 9.53mg/L;

Co. Ltd. plant area. Standards of Liangcun South SS: 64.162t 123.75t/a.before being TP: 0.03mg/L.Wastewater Treatment Plant Fluorides (F): 1.973t.discharged to the

742024 Annual Report of JA Solar Technology Co. Ltd.

Liangcun South

Wastewater

Treatment Plant

for further

treatment and

final release.Exhaust gases 8 in the No. 12 Emission Standard of

undergo factory 5 in the No.5 Pollutants for Battery

Fluorides Ammonia: 6.05mg/m3; Chlorine: 0t

treatment via air factory 1 in the No.6 Industry Emission Control

JA Hydrogen Nitrogen Oxides: 0.38mg/m3; Hydrogen Chloride: 5.05t

pollution control factory 3 in the Standard of Volatile Organic Particulate

(Yangzhou) Chloride VOCs: 0.377mg/m3; Fluorides: 7.04t

systems before wastewater station 1 Compounds for Industrial Matter:

Solar Air Chlorine Fluorides: 2.238mg/m3; NH?: 2.779t Below

being discharged 23 in the hazardous Enterprises Emission 10.038t

Technology Pollutants Nitrogen Oxides PM: 2.188mg/m3; Particulate Matter: 0.616t limits.ensuring waste storage Standards for Odor VOCs:

Co. Ltd. Particulate H?S: 0.027mg/m3; VOCs: 0.335t

compliance with facility 1 in the Pollutants (GB 14554-93) 2.8836t.(Jinghui Park) Matter VOCs Hydrogen Chloride: 1.423mg/m3; Nitrogen Oxides: 0.246t

regulatory special gas station Integrated Emission Standard

Ozone NH? H?S Chlorine: 0mg/m3 H?S: 0.00058t.emission and 5 in the R&D of Air Pollutants (GB 16297-

standards. center. 1996)

After being

treated by the

plant's

wastewater COD: 18.745mg/L; COD: 25.9t COD:

JA

treatment facility NH?-N: 1.467mg/L; Integrated Wastewater NH?-N: 2.32t 537.6885t

(Yangzhou)

pH COD NH?- the effluent is SS: 13.775mg/L; Discharge Standard TP: 0.3071t NH?-N:

Solar Water 1 at the east side of Below

N SS Fluorides discharged to the 1 Fluorides (F): 2.342mg/L; Emission Standard of TN: 13.29t 57.6114t

Technology Pollutants Jinghui Park limits.

(F) TN TP municipal TN: 7.649mg/L; Pollutants for Battery SS: 17.596t TP: 5.9256t

Co. Ltd.wastewater TP: 0.148mg/L. Industry (GB 30484-2013) Fluorides (F): 4.262t. TN: 167.0686t.(Jinghui Park)

treatment plant

for further

treatment before

final release.

752024 Annual Report of JA Solar Technology Co. Ltd.

Pollutant treatment

Waste gas

The Company complies with the requirements outlined in the Integrated Emission Standard of Air Pollutant Emission Standard of

Pollutants for Battery Industry Emission Standards for Odor Pollutants and Emission Control Standard for Industrial Enterprises

Volatile Organic Compounds for waste gas treatment. It strategically equips a range of waste gas treatment facilities including organic

waste gas purification towers acid mist treatment towers and bag dust collectors. Moreover it installs online monitoring devices over-

limit alarm systems and categorized electricity metering devices all interconnected with environmental protection authorities. Through

continuous real-time monitoring the Company ensures that the concentration of emitted gases complies with both national and local

regulations.Wastewater

Wastewater primarily originates from certain production processes such as acidic and alkaline wastewater generated during texturing

and alkali etching processes wastewater from gas scrubbing towers clean wastewater from purified water preparation and domestic

sewage from employee facilities. The Company rigorously adheres to both national and local standards for wastewater discharge. It

has constructed and operates sewage treatment stations employing processes like neutralization sedimentation A/O and Anbot towers.Real-time online monitoring of pollutant factors is conducted and shared with environmental authorities to ensure compliance with

standards such as the Integrated Wastewater Discharge Standard Emission Standard of Pollutants for Battery Industry and

Wastewater Quality Standards for Discharge to Municipal Sewers. Continuous optimization of treatment processes is pursued making

internal discharge standards higher than local regulatory requirements.Solid waste and hazardous waste

The Company complies with the legal requirements of the People’s Republic of China encompassing the Law of the People’s Republic

of China on Prevention and Control of Environmental Pollution by Solid Waste Management Measures for the Transfer of Hazardous

Waste and National Catalog of Hazardous Waste. In alignment with ISO 14001 Environmental Management System standards it

effectively categorizes and manages solid waste generated during production and operational processes including household waste

general solid waste and hazardous waste. The hazardous waste primarily consists of waste activated carbon felts from waste gas

treatment waste chemical packaging materials waste oil experimental waste liquids from water testing equipment and waste

pharmaceutical liquids from online monitoring devices. General solid waste mainly includes fluorinated calcium sludge generated from

sewage treatment plants waste scraps generated during production processes such as waste trimmings cardboard boxes pallets and

packaging bags.For general solid waste dedicated personnel manage every stage including generation transfer storage and disposal. A

comprehensive solid waste register is maintained to document types quantities direction storage utilization and disposal information

accurately. The Company promotes a circular economy aiming to reduce resource waste at the source. And implement various methods

to collect recycle and utilize solid waste that has already been generated. For solid waste without utility value the Company engages

certified recycling and disposal entities for its collection transportation and disposal. The Company follows national guidelines when

selecting waste disposal entities verifying their eligibility environmental compliance and technical capabilities. The Company

oversees the transportation utilization and disposal of industrial solid waste by entrusted entities ensuring compliance with legal

regulations and pollution prevention requirements stipulated in contracts.The Company delegates the collection and disposal of household garbage to sanitation entities：

For hazardous waste the Company employs specialized measures such as sun-shielding and leakage prevention for warehouses and

storage facilities. Hazardous waste is categorized and stored according to its hazardous characteristics. Qualified entities are

commissioned for recycling of hazardous waste. The Company strictly adheres to the transfer application and transfer documentation

system for hazardous waste submitting data declarations via the Solid Waste Dynamic Information Platform. It welcomes supervision

from higher-level environmental authorities and the public to ensure the safe storage and compliant disposal of hazardous waste. The

hazardous waste storage warehouse is equipped with an intelligent monitoring system enabling data tracking at every stage from waste

generation transfer weighing storage to disposal ensuring compliance.Self-monitoring plans

The Company utilizes a hybrid approach of manual and automatic monitoring to analyze pollutant emissions ensuring the efficient

operation of environmental control facilities. Automatic monitoring involves online devices tracking COD and ammonia nitrogen levels

in wastewater. Manual monitoring includes assessments of waste gas wastewater noise groundwater and environmental air quality.The Company engages third-party testing agencies through commission contracts to conduct regular comprehensive monitoring and

analysis. For example waste gas and boundary noise are monitored quarterly while air quality assessments are conducted annually.All pollutant discharges from the Company comply with relevant national standards.Environmental-related emergency response plans

In accordance with national regulations such as the Management Measures for Environmental Emergencies the Company has

developed comprehensive management systems for environmental protection environmental testing operation and maintenance of

pollution control facilities and environmental education and training. These systems aim to standardize and promote the orderly

implementation of environmental protection efforts. Designated personnel conduct regular inspections maintenance and cleaning

operations as per procedures. Each subsidiary establishes an emergency response plan for environmental incidents which is filed with

the environmental protection authorities. Targeted environmental emergency drills are conducted regularly to validate the operation

and response capabilities of environmental equipment and facilities. The emergency response system is continuously enhanced to

ensure swift and efficient activation of measures in the event of an environmental incident minimizing potential damages and hazards.Amidst the backdrop of sustainable development and carbon reduction across the world the Company actively responds to national

762024 Annual Report of JA Solar Technology Co. Ltd.

and local alerts for heavy pollution weather conditions. It regulates production and operational activities to minimize emissions of

particulates and pollutants thereby reducing the burden on the ecological environment.Information on expenditure in environmental governance and protection as well as payment of environmental protection taxes

The Company paid 1738000 yuan of environmental protection tax in the reporting period.Emission reduction actions in the reporting period and the effect

□Applicable □ Not applicable

As a leading enterprise in the photovoltaic sector JA Solar prioritizes the mitigation of climate change as a fundamental aspect of

its sustainable development strategy. The Company has implemented comprehensive carbon management initiatives including regular

verification of carbon emissions the establishment of science-based targets and the promotion of green transformation throughout its

value chain. By deeply integrating into the global low-carbon transition JA Solar continuously enhances its climate resilience.Furthermore the Company actively expands its smart energy business increasing self-consumed solar power generation and pioneering

PV-plus integrated solutions across various industries thereby empowering customers in their low-carbon transitions.

1. Carbon emission accounting

JA Solar rigorously complies with internationally recognized standards including the Greenhouse Gas Protocol: Corporate

Accounting and Reporting Standard (GHG Protocol) and ISO 14064-1:2018 Greenhouse Gases - Part 1: Specification with Guidance

at the Organization Level for Quantification and Reporting of Greenhouse Gas Emissions and Removals. The Company conducts

annual greenhouse gas inventories across all domestic and international subsidiaries under its operational control. To enhance data

accuracy and integrity JA Solar engages independent third-party institutions to verify its Scope 1 Scope 2 and Scope 3 emissions in

accordance with ISO 14064-3:2019 Greenhouse Gases - Part 3: Specification with Guidance for the Verification and Validation of

Greenhouse Gas Statements.

2. Science-based carbon targets

JA Solar is committed to addressing climate change in alignment with China’s dual carbon strategy and supports the overarching

objectives of the Paris Agreement to limit the global average temperature rise to within 1.5°C above pre-industrial levels. In 2022 the

Company joined the Science Based Targets initiative (SBTi) reinforcing its proactive stance on climate action through the

establishment of robust greenhouse gas emission reduction targets and action plans. Its science-based targets have received official

verification from SBTi underscoring a strong alignment with international climate science standards. JA Solar boldly commits to

reducing its Scope 1 and Scope 2 greenhouse gas emissions by 58.8% by 2034 compared to 2023 levels. Additionally it aims to cut

Scope 3 emissions—stemming from purchased goods and services related to its photovoltaic products—by 63.8% in the same

timeframe. By 2050 the Company sets an ambitious goal of achieving a 90% reduction in Scope 1 and Scope 2 emissions and a

remarkable 97% reduction in Scope 3 emissions per megawatt of photovoltaic products produced compared to 2023.

3. Climate opportunities and risks

In November 2024 JA Solar distinguished itself as the first photovoltaic enterprise to release a TCFD Report during the COP29

Climate Change Conference. The 2023 Climate-Related Disclosure Report developed in collaboration with S&P Global undertook a

thorough analysis of climate change-related risks and opportunities evaluating their financial implications. This comprehensive

approach not only supports effective climate risk and opportunity management but also informs the Company’s strategic decision-

making fortifying its commitment to sustainability.

4. Green transformation across the value chain

JA Solar embraces the Green to Green sustainable development philosophy actively facilitating green transformation across

critical stages of its value chain. This comprehensive approach encompasses product design supplier management raw material

procurement manufacturing and logistics all grounded in low-carbon principles. The Company exemplifies leadership in circular

economy solutions ensuring sustainability permeates both the industrial chain and the product lifecycle.

（1）Supplier management

The Company has implemented a comprehensive Supplier Social Responsibility and Sustainability Assessment system that

encompasses multiple dimensions including product quality community engagement environmental management and business ethics.This system integrates carbon disclosure carbon footprint analysis and renewable energy usage into supplier evaluation metrics

empowering value chain partners to enhance sustainability awareness and improve their sustainable management practices.

（2）Material procurement

The JA Solar Responsible Sourcing Policy has been created which mandates carbon footprint certification for raw materials and

implements stringent sustainability monitoring. Additionally the policy advocates for localized and low-carbon procurement to

effectively mitigate environmental impacts across the supply chain.

（3）Research and development

The Company seamlessly integrates green and low-carbon principles into its product design philosophy prioritizing

environmental impact at every stage. In addition to utilizing low-carbon materials in the design phase we are committed to ongoing

innovation and research and development which enhance product conversion efficiency and module power output consequently

reducing carbon emissions per unit of electricity generated. Several factories have completed comprehensive lifecycle assessments

and our flagship n-type DeepBlue 4.0 Pro products have achieved certification from French Certisolis for carbon footprints meeting

Environmental Product Declaration (EPD) standards in Norway and Italy. Notably the mass production conversion efficiency of n-

772024 Annual Report of JA Solar Technology Co. Ltd.

type Bycium+ cells has reached an impressive 27% positioning us at the forefront of low-carbon photovoltaic technology through

relentless innovation.

（4）Production

The Company has systematically implemented a comprehensive energy management framework fostering a culture of energy

conservation and optimization. We have actively pursued energy-saving transformations and enhanced the efficiency of energy

consumption across our operations. Furthermore we have championed the development of distributed photovoltaic systems at our

global production sites thereby increasing the proportion of self-generated green energy through initiatives such as the procurement

of green certificates. In 2024 we will establish benchmark net-zero factories exemplified by the third phase of Qujing JA Solar which

has garnered carbon neutrality certification from the China Beijing Green Exchange and Yangzhou Jingshan Park recognized with a

net-zero factory certification from TüV Süd.

（5）Packaging

The Company effectively implements circular packaging solutions through the optimization of cross-packing methods the

reduction of non-essential packaging and ongoing enhancements in packaging and loading efficiency. We have commenced trials

aimed at eliminating wooden edge protectors for domestic shipments and are proactively investigating lifecycle carbon reduction

strategies. A standardized management system for recycling used packaging materials has been established with dedicated collection

programs at all manufacturing facilities to minimize material usage and energy consumption in packaging production.

（6）Warehousing and logistics

The Company develops innovative environmentally friendly three-dimensional warehouses that facilitate real-time analysis and

intelligent management of inbound/outbound logistics storage and inventory data establishing highly automated digital and

intelligent warehousing centers.The Company actively advances the diesel-to-electric conversion project for forklifts aiming to significantly reduce carbon

emissions in on-site logistics and promote the establishment of zero-carbon green factories. For off-site transportation the Company

explores efficient and environmentally friendly solutions including sea-rail intermodal and barge transportation. Concurrently it is

prioritizing the adoption of clean energy alternatives such as biomass fuels and methanol. Furthermore the Company is strategically

developing local supply chains and advocating for localized procurement to further minimize transportation-related carbon emissions.

（7）Recycle and reuse

JA Solar employs a robust classification-based approach alongside resource recycling for its products effectively facilitating the

recovery and reuse of recyclable materials including metals and glass to mitigate environmental impacts. In addressing the recycling

of end-of-life photovoltaic modules the Company adheres to European Union directives notably the Waste Electrical and Electronic

Equipment (WEEE) Directive and the Restriction of Hazardous Substances (RoHS) Directive. JA Solar has established a fully

compliant photovoltaic module recycling and circular utilization mechanism within the European market. Furthermore the company

has forged long-term strategic alliances with PV CYCLE a globally recognized leader in photovoltaic module recycling. As an active

global member of PV CYCLE JA Solar diligently fulfills its obligations through the Compliance and Take Back Scheme ensuring

that all exported module products meet WEEE Directive requirements and electronic waste disposal regulations across respective EU

member states. In non-EU regions JA Solar confidently implements end-of-life solutions for its products effectively promoting global

sales and advancing the circular utilization of its photovoltaic modules.

5.Capability building and supplier empowerment

JA Solar as a globally positioned and industry-leading enterprise demonstrates a steadfast commitment to capability building

and talent cultivation to confront climate change effectively. The Company prioritizes enhancing suppliers’ competencies in addressing

climate issues fostering continuous communication and regular empowerment initiatives to promote collaborative development

throughout the entire supply chain. This approach ensures a unified effort in mitigating climate impacts.

（1）Capability building

JA Solar is committed to capacity building in carbon emissions management employing over 50 internal carbon emission officers

to deepen the Company’s expertise in climate change mitigation. A robust carbon management system is supported by comprehensive

education training advocacy and oversight. Through targeted training sessions and thematic activities the Company disseminates its

sustainable development philosophy and actively enhances employees’ environmental awareness.

（2）Supplier empowerment

In December 2022 JA Solar established a strategic partnership with CDP positioning itself as the first photovoltaic company

globally to launch the CDP Supply Chain Decarbonization initiative. Over the past two years the Company has effectively spearheaded

decarbonization efforts among its suppliers. In 2024 the initiative engaged 37 suppliers with 32 contributing to the climate change

questionnaire which represented over 65% of total raw and auxiliary material procurement expenditures. Leveraging its leadership

within the value chain JA Solar is poised to set pioneering international industry standards working collaboratively with supply chain

partners to address the pressing challenges of climate change.Administrative penalties due to environmental problems in the reporting period

Company or Correction actions

Penalty reason Impact on the Circumstance Penalty result

subsidiary name operations of the by the Company

782024 Annual Report of JA Solar Technology Co. Ltd.

listed company

None None None None None None

Other environmental information that should be disclosed

None

Additional environmental protection information

None

II. Social Responsibility

1. Protection of the rights and interests of shareholders and creditors

The Company has implemented a structured and efficient management system characterized by scientific standards and clear

boundaries. It has established a corporate governance framework comprising the general meeting board of directors supervisory

committee and senior management. Under the board of directors there are specialized committees including the Strategy and

Sustainability Committee Audit Committee Renumeration and Assessment Committee and Nomination Committee each supported

by corresponding decision-making and operational management mechanisms. These measures effectively protect the rights of all

shareholders and creditors. The Company rigorously complies with relevant laws regulations ensuring the truthful accurate complete

timely and equitable disclosure of information and guaranteeing equal access to information relating to the Company by all

shareholders. The Company communicates with investors through various channels such as on-site receptions online performance

briefings telephone web messages fax and email. Important decisions are announced on the Company’s official website and sections

dedicated to investor education and contact details for the board secretary are provided enabling shareholders and investors to better

understand the Company’s operations.

2. Protection of rights and interests of employees

The Company upholds a principle of openness fairness and impartiality in its employment policies actively fostering harmonious and

stable labor relations. It strictly adheres to labor standards and relevant laws and regulations in all its factories and offices worldwide.The Company unequivocally prohibits forced labor and does not tolerate any form of coercion through violence threats or illegal

restriction of personal freedom to compel employees to work. It strictly prohibits any harassment of employees and does not interfere

with their freedom of belief. The Company prohibits discrimination against employees based on factors such as ethnicity race

nationality religious beliefs gender age disability marital status sexual orientation pregnancy or any other factors. Child labor is

strictly prohibited and the Company ensures equal pay for equal work promotes gender equality and respects employees’ rights to

freedom of association and collective bargaining. To enhance the protection of employees’ human rights the Company has set relevant

corporate systems in accordance with international standards and implemented a range of comprehensive measures.The Company strictly adheres to labor laws and regulations such as the Labor Law and the Labor Contract Law and lawfully

contributes to social insurance schemes including pension medical maternity unemployment and work-related injury insurance for

employees. In accordance with national regulations on employee leave the Company implements a paid annual leave system and

provides employees with various types of leave including marriage leave maternity leave paternity leave breastfeeding leave and

bereavement leave. The labor union representing employees signs Collective Labor Contract Special Collective Contract on Wage

Negotiation and Special Collective Contract on Special Interests for Female Workers with the Company. These agreements

comprehensively safeguard the legitimate rights and interests of employees in terms of wages working hours rest and leave

occupational safety and health insurance benefits and vocational skills training.

3. Supplier cooperation

The Company upholds a philosophy of integrity and legal compliance maintaining rigorous standards in its business operations while

honoring all relevant contracts and regulations. It ensures the full protection of the legitimate rights and interests of both suppliers and

customers fostering strong relationships with them. By delivering premium products and enhancing post-sales services the Company

aims for mutual success and beneficial partnerships with its customers. Regarding suppliers the Company adopts a dynamic evaluation

approach scoring suppliers across dimensions such as quality commerce technology supply and social responsibility to encourage

continuous improvement. It offers assistance to suppliers aiding them in quality enhancement and expediting product development.Long-term trust-based cooperation is prioritized over short-term contracts thereby enhancing efficiency and reducing transaction and

management costs. Establishing a sustained information exchange mechanism with suppliers the Company collaborates with suppliers

to drive industrial advancement.

4. Protection of the rights and interests of customers

When it comes to customers (including developers and distributors) the Company upholds a customer-first service philosophy. It

792024 Annual Report of JA Solar Technology Co. Ltd.

consistently improves its customer service framework and standardizes cooperation process management to ensure customers are

satisfied with both products and services. The Company not only generates value for its clients but also actively collaborates to create

value with them. Long-term trust-based partnerships supersede short-term contracts this helps foster enduring relationships with

customers. The Company guarantees the security of customer information and their right to be informed while providing convenient

access for customers to gain comprehensive insights into the Company.

5. Safety management

The Company upholds the principle of Safety First and Production Second placing workplace safety as its paramount concern for

sustainable growth. It consistently innovates its management approaches reinforces the responsibilities of safety departments and

enhances safety training risk identification and hazard investigation efforts to safeguard its stable development.The Company conducts annual special training on fire facilities traffic safety electrical safety and more. It also organizes activities

such as fire drills and safety knowledge competitions to effectively enhance employees’ awareness of safety. The Company has created

an EHS (Environment Health and Safety) learning platform to facilitate employees’ access to safety knowledge relevant to their roles.Since the inception of our safety improvement project in 2021 we have engaged a reputable safety management team for consultation

and guidance. Beginning with our Yiwu base as a pilot we aim to establish a model for safety management across the Company. This

initiative seeks to gather practical insights into safety enhancement which will be translated into internal safety management schemes

for broader implementation throughout the organization. Ultimately our goal is to foster a more robust and systematic safety

management system.

6. Environmental protection and sustainability

In February 2024 JA Solar was invited to participate in the sixth session of the United Nations Environment Assembly (UNEA-6)

representing the only global photovoltaic enterprise. The assembly convened under the imperative theme Effective Inclusive and

Sustainable Multilateral Actions to Tackle Climate Change Biodiversity Loss and Pollution. In March 2024 JA Solar joined forces

with the World Wide Fund for Nature (WWF) to participate in Earth Hour recognized as the world’s largest public environmental

initiative. This collaboration involved symbolically turning off lights to Light Up Hope while also committing an additional hour of

clean energy to benefit our planet. Furthermore during March JA Solar formally endorsed the Forward Faster initiative launched by

the United Nations Global Compact (UNGC). This commitment emphasizes an accelerated approach to achieving the Sustainable

Development Goals (SDGs) encompassing essential action areas such as gender equality climate action living wages and sustainable

finance. In April JA Solar expanded its impact by collaborating with the SEE Foundation on a desertification control project

successfully planting 30000 sand willows in Ordos. This initiative not only aims to enhance carbon reduction but also seeks to restore

local ecosystems.In 2024 JA Solar achieved significant milestones as its short-term long-term and net-zero targets received formal validation from the

Science Based Targets initiative (SBTi). Additionally JA Solar was honored with the Best Social Responsibility Award for Carbon

Neutrality and the Best Carbon Neutrality Practice Award within the Solar and Storage Industry bestowed by the PV Committee of

the China Green Supply Chain Alliance the Yangtze River Delta Solar Photovoltaic Technology Innovation Center and the Electrical

Energy Storage Alliance. Further reinforcing its leadership in transparency and accountability JA Solar earned the P4EAST certificate

from the International Sustainability Standards Board (ISSB) in Beijing. The Company also proudly featured on the 2024 Fortune

China ESG Impact List. In June its Xingtai Low-Carbon Green Campus project integrating talent development with sustainability

initiatives received the esteemed 520 Social Responsibility Day Climate Action Best Case Award while JA Solar was selected for the

second consecutive year for the China ESG Listed Companies Pioneer 100.

7. Public relations

In March 2024 JA Solar was invited to participate in the Sustainable Markets Initiative (SMI) 2024 CEO Spring Summit. Notably as

the sole photovoltaic module manufacturer present JA Solar also secured a position on 2024 Fortune Asia Future 30 ranking. In May

JA Solar formally adopted the United Nations Women’s Empowerment Principles (WEPs). This initiative integrates the United Nations

Sustainable Development Goals (UN SDGs) into the Company’s corporate strategy and operations allowing JA Solar to identify

sustainability objectives pertinent to its value chain and actively pursue actions to expedite progress toward these aims. In July JA

Solar’s exemplary performance in sustainable development earned its inclusion in the 2024 Sustainability Yearbook (China Edition)

further demonstrating the Company’s leadership in this critical area. August witnessed JA Solar’s substantial support for Tsinghua

International Case Analysis Competition of Public Policy on SDGs. In November Jin Baofang Chairman of JA Solar delivered a

keynote video address at the opening session of the 29th United Nations Climate Change Conference (COP29) where the Company

reaffirmed its commitment to collaborative climate action with partners and stakeholders to foster a sustainable future. Board member

Jin Junhui also participated in the She Power Side Event on the inaugural day of COP29 showcasing the Company’s dedication to

diversity equity and inclusion (DEI) within its corporate culture. During COP29 JA Solar conducted a press conference to unveil its

inaugural Task Force on Climate-related Financial Disclosures (TCFD) Report. Furthermore in the same month the Company earned

802024 Annual Report of JA Solar Technology Co. Ltd.

recognition on Fortune’s list of 2024 Most Admired Chinese Industry Stars. In December JA Solar partnered with the Library Project

Special Fund of the Wuxi Lingshan Charity Foundation donating 201 science-themed reading kits to children across three schools in

Inner Mongolia Hebei and Anhui. Notably the Company also received the ESG Golden Bull Award – Top 100 underscoring its

robust commitment to sustainable development and corporate responsibility.

8. Charity initiatives

The Company demonstrates a steadfast commitment to charitable initiatives encompassing poverty alleviation and disaster relief. It

effectively fosters societal warmth through tangible actions. By organizing volunteer teams the Company engages in a range of public

welfare activities including tree planting blood donation and support for military families. Such efforts in assisting traffic police

firefighters elderly residents children in welfare centers and educators contribute significantly to promoting a more harmonious and

compassionate society. A donation of 282000 yuan was made to aid earthquake relief and reconstruction efforts in Gansu Province.Additionally a One-Day Donation campaign on May 19 at the Company’s two bases in Jiangsu successfully raised 80000 yuan

specifically targeting disadvantaged groups and local development initiatives. To enhance youth engagement and promote sports the

Baotou base contributed 30000 yuan providing 60 sets of sports gift packs to primary and secondary school students. The Yangzhou

base further exemplified its commitment to education by allocating 20000 yuan in teaching awards and scholarships to bolster

elementary education within its jurisdiction. In the latter half of the year the Ningjin and Xingtai bases collectively granted

approximately 164400 yuan in Sunshine Scholarships and Financial Aid. Moreover the Ningjin base supported individuals with

disabilities with a donation of 20600 yuan and contributed 98900 yuan to the Brightness Project. The Gaoyou base supported the

Women and Children’s Foundation with a 10000 yuan donation. Through the Beijing Charity Foundation JA Solar donated 400000

yuan to two Hope Primary Schools. Furthermore employees at the Baotou base raised around 13100 yuan through the Gratitude and

Warmth Initiative and over 50000 yuan in the Love for a Day campaign.III. Efforts for Solidifying Poverty Alleviation and Advancing Rural Revitalization

The Company robustly engages with national initiatives by capitalizing on its strengths in the industrial chain product technology

and ecological partnerships. It has successfully pioneered a green photovoltaic model that melds ecological development with the

construction of clean energy infrastructure. Notably the Company has established photovoltaic poverty alleviation power stations in

Yanchi Ningxia and Kangbao Hebei. These initiatives are projected to deliver over 200 million yuan in financial support to

disadvantaged areas over the next 20 years benefiting 3388 impoverished households.By the end of December 2024 the Company disbursed approximately 108.09 million yuan in financial support through its poverty

alleviation projects.These initiatives strategically leverage multi-scenario synergistic development including livestock-PV fishery-PV agriculture-PV

and mountainous PV applications. This innovative approach establishes a comprehensive rural revitalization model effectively

integrating financial aid lease payments and job creation to drive sustainable progress in underdeveloped regions.

812024 Annual Report of JA Solar Technology Co. Ltd.

Section VI. Important Matters

I. Fulfillment of Commitments

1. Commitments made by the Company’s actual controller shareholders related parties acquirers and the

Company that would be complete fulfilled but not completely fulfilled in or by the reporting period

□Applicable □ Not applicable

Commitm

Reason for Commitmen Commitmen Commitmen

Commitment ent Fulfillment

commitment t party t type t time

duration

I. There are no unfair related-party transactions

between the Company or any operating entity it

controls and the listed company. II. After this

transaction is completed the Company and any

operating entity it controls will regulate and avoid or

minimize the related-party transactions with the

listed company and its subsidiaries. For unavoidable

or reasonably justified related-party transactions the

market-based principles of fairness and

transparency shall be followed agreements shall be

signed in accordance with the law legal procedures

shall be fulfilled and disclosure obligations and

relevant approval procedures shall be carried out in

accordance with relevant laws regulations

normative documents and articles of association.The price of related-party transactions shall be

Jingtaifu

determined based on the prices of similar

Qichang

transactions with independent third parties ensuring

Electronics

fairness. Efforts are taken to ensure that related-party

Shenzhen

Commitmen transactions do not harm the legitimate rights and

Boyuan

t on interests of the listed company and other

Jingjun

Commitments reducing shareholders. III. After this transaction is completed

Ningyu

made during and the Company will continue to exercise shareholder May 27 Fulfillment

Jingli Long term

asset regulating rights in accordance with relevant laws regulations 2019 in progress

Ninghua

restructuring related- normative documents and the articles of association

Jingren

party of the listed company. When voting on related-party

Ninghe

transactions transactions involving the Company at the general

Jingde

meeting of the listed company it will fulfill the

Ningfu and

obligation to abstain from voting. IV. The Company

Dongtai

undertakes to fulfill the disclosure obligations

Bona

regarding related-party transactions in accordance

with relevant laws regulations normative

documents and the articles of association of listed

company. The Company commits to refraining from

unlawfully transferring funds or profits of the listed

company through related-party transactions

avoiding any harm to the interests of non-related

shareholders and abstaining from any illegal or

improper utilization of the funds or assets of the

listed company. V. The Company is willing to take

labile for any economic losses claims and

additional expenses incurred by the listed company

and its subsidiaries due to violations of the

aforementioned commitments. The Company will

bear the corresponding compensation liability

accordingly.

822024 Annual Report of JA Solar Technology Co. Ltd.

I. There are no unfair related-party transactions

between me and any operating entity under my

control and the listed company. II. After this

transaction is completed I and any operating entity

under my control will regulate and avoid or

minimize the related-party transactions with the

listed company and its subsidiaries. For unavoidable

or reasonably justified related-party transactions the

market-based principles of fairness and

transparency shall be followed agreements shall be

signed in accordance with the law legal procedures

shall be fulfilled and disclosure obligations and

relevant approval procedures shall be carried out in

accordance with relevant laws regulations

normative documents and articles of association.The price of related-party transactions shall be

determined based on the prices of similar

transactions with independent third parties ensuring

Commitmen fairness. Efforts are taken to ensure that related-party

t on transactions do not harm the legitimate rights and

Commitments reducing interests of the listed company and other

Jin Baofang

made during and shareholders. III. After this transaction is completed May 27 Fulfillment

and Jin Long term

asset regulating I will continue to exercise shareholder rights in 2019 in progress

Junmiao

restructuring related- accordance with relevant laws regulations

party normative documents and the articles of association

transactions of the listed company. When voting on related-party

transactions involving me at the general meeting of

the listed company I will fulfill the obligation to

abstain from voting. IV. I undertake to fulfill the

disclosure obligations regarding related-party

transactions in accordance with relevant laws

regulations normative documents and the articles of

association of listed company. I commit to refraining

from unlawfully transferring funds or profits of the

listed company through related-party transactions

avoiding any harm to the interests of non-related

shareholders and abstaining from any illegal or

improper utilization of the funds or assets of the

listed company. V. I am willing to take labile for any

economic losses claims and additional expenses

incurred by the listed company and its subsidiaries

due to violations of the aforementioned

commitments. I will bear the corresponding

compensation liability accordingly.

1. Except for JA Solar and its subsidiaries neither

the Company nor entities under its control are

currently engaged either domestically or

internationally in any business or activities that

directly or indirectly compete with the business

Commitments conducted or potentially conducted by JA Solar the

Non-

made during listed company after this transaction is completed or May 27 Fulfillment

Jingtaifu competition Long term

asset its subsidiaries. 2. After this restructuring is 2019 in progress

commitment

restructuring completed

except for the listed company and its subsidiaries

neither the Company nor other entities under its

control will engage either independently or with

others in any manner (including but not limited to

investment mergers and acquisitions joint ventures

832024 Annual Report of JA Solar Technology Co. Ltd.

partnerships collaborations consortia contracting or

leasing operations purchasing listed company

stocks or equity participation) directly or indirectly

in any business or activities that compete or might

compete with the business conducted by the listed

company and its subsidiaries either domestically or

internationally. 3. After this restructuring is

completed in cases where the Company or other

entities under its control acquires any business

opportunities identical or similar to those conducted

by the listed Company and its subsidiaries for any

reason the Company shall promptly notify the listed

company granting them the preferential right to

seize such opportunities. Should the listed company

or its subsidiaries choose to undertake such business

the Company and entities under its control shall

refrain from engaging in it. The Company will

provide all necessary assistance to the listed

company for fulfilling disclosure obligations as per

relevant laws regulations stock exchange rules and

regulatory requirements. 4. After this restructuring is

completed in cases where the Company or other

entities under its control obtains any acquisition

opportunities for an entity engaged in any businesses

identical or similar to those conducted by the listed

company and its subsidiaries for any reason the

Company shall promptly notify the listed company

to ensure that the listed company and its subsidiaries

have the opportunity to acquire the said entity.Should the listed company or its affiliates choose to

acquire the mentioned entity the Company and

entities under its control will relinquish the

acquisition opportunity. The Company will provide

all necessary assistance to the listed company for

fulfilling disclosure obligations as per relevant laws

regulations stock exchange rules and regulatory

requirements. 5. After this restructuring is

completed if the listed company and its subsidiaries

decide to forgo the business opportunities or

acquisition opportunities mentioned in points 3 and 4

above and subsequently the Company or any

entities under its control engage in competitive

businesses arising from these opportunities the

listed company and its subsidiaries have the right to

acquire at any time and in one lump sum or multiple

installments any equity assets or other interests

related to the competitive business. Alternatively the

listed company and its subsidiaries may choose in

accordance with national laws and regulations to

entrust the operation lease or contract the operation

of the assets or business of the Company and any

entities under its control involved in the competitive

business. 6. After this restructuring is completed

when the Company or any entities under its control

intends to transfer sell lease license for use or

otherwise dispose of assets and businesses that

directly or indirectly compete with the main business

of the listed company and its subsidiaries the

842024 Annual Report of JA Solar Technology Co. Ltd.

Company any entities under its control will provide

the listed company and its subsidiaries with a right

of first refusal to purchase. 7. After this restructuring

is completed the Company will not exploit its

position as the controlling shareholder of the listed

company to detrimentally affect the interests of the

listed company and its other shareholders. 8. In the

event of any breach of the above commitment by the

Company the listed company and its other

shareholders have the right in accordance with this

commitment to lawfully request the enforcement of

this commitment by the Company and seek

compensation for all losses suffered as a result.Additionally any benefits gained by the Company

through the violation of the commitment shall be

relinquished to the listed company.

1.Except for JA Solar and its subsidiaries neither I

nor entities under my control are currently engaged

either domestically or internationally in any

business or activities that directly or indirectly

compete with the business conducted or potentially

conducted by JA Solar the listed company after this

transaction is completed or its subsidiaries. 2.After

this restructuring is completed

except for the listed company and its subsidiaries

neither I nor entities under my control will engage

either independently or with others in any manner

(including but not limited to investment mergers

and acquisitions joint ventures partnerships

collaborations consortium contracting or leasing

operations purchasing listed company stocks or

equity participation) directly or indirectly in any

business or activities that compete or might compete

with the business conducted by the listed company

and its subsidiaries either domestically or

Commitments internationally. 3. After this restructuring is

Jin Baofang Non-

made during completed in cases where I or entities under my May 27 Fulfillment

and Jin competition Long term

asset control acquire any business opportunities identical 2019 in progress

Junmiao commitment

restructuring or similar to those conducted by the listed company

and its subsidiaries for any reason I shall promptly

notify the listed company granting them the

preferential right to seize such opportunities. Should

the listed company or its subsidiaries choose to

undertake such business I and entities under my

control shall refrain from engaging in it. I will

provide all necessary assistance to the listed

company for fulfilling disclosure obligations as per

relevant laws regulations stock exchange rules and

regulatory requirements. 4. After this restructuring is

completed in cases where I or entities under my

control obtain any acquisition opportunities for an

entity engaged in any businesses identical or similar

to those conducted by the listed company and its

subsidiaries for any reason I shall promptly notify

the listed company to ensure that the listed company

and its subsidiaries have the opportunity to acquire

the said entity. Should the listed company or its

affiliates choose to acquire the mentioned entity I

852024 Annual Report of JA Solar Technology Co. Ltd.

and entities under my control will relinquish the

acquisition opportunity. I will provide all necessary

assistance to the listed company for fulfilling

disclosure obligations as per relevant laws

regulations stock exchange rules and regulatory

requirements. 5. After this restructuring is

completed if the listed company and its subsidiaries

decide to forgo the business opportunities or

acquisition opportunities mentioned in points 3 and 4

above and subsequently I or entities under my

control engage in competitive businesses arising

from these opportunities the listed company and its

subsidiaries have the right to acquire at any time

and in one lump sum or multiple installments any

equity assets or other interests related to the

competitive business. Alternatively the listed

company and its subsidiaries may choose in

accordance with national laws and regulations to

entrust the operation lease or contract the operation

of the assets or business of I and any entities under

my control involved in the competitive business. ]6.After this restructuring is completed

when I or any entities under my control intend to

transfer sell lease license for use or otherwise

dispose of assets and businesses that directly or

indirectly compete with the main business of the

listed company and its subsidiaries I and any entities

under my control will provide the listed company

and its subsidiaries with a right of first refusal to

purchase. 7. After this restructuring is completed I

will not exploit my position as the person acting in

concert with the actual controller/controlling

shareholder of the listed company to detrimentally

affect the interests of the listed company and its

other shareholders. 8. If I breach the above

commitment the listed company and its other

shareholders have the right in accordance with this

commitment to lawfully request the enforcement of

this commitment by me and seek compensation for

all losses suffered as a result. Additionally any

benefits gained by me through the violation of the

commitment shall be relinquished to the listed

company.I. Prior to this restructuring JA Solar has always

operated independently from other entities controlled

by the Company in terms of business assets

organization personnel and finances. The

Commitmen operations assets personnel finances and

t on keeping organizational structure of JA Solar have been

Commitments

the independent. II. After this restructuring is completed

made during May 27 Fulfillment

Jingtaifu independenc the Company and other entities under its control will Long term

asset 2019 in progress

e of the not exploit the status of being the controlling

restructuring

listed shareholder or person acting in concert with the

company controlling shareholder of the listed company to

influence its independence and ensure the

independence of the listed company in terms of

business assets organization personnel and

finances: 1. Ensuring the independence of the listed

862024 Annual Report of JA Solar Technology Co. Ltd.

company in operations: (1) Ensuring that the listed

company possesses independent assets personnel

qualifications and capabilities to conduct business

activities independently maintaining the ability to

operate continuously in the market independently

and autonomously.

(2) The Company will refrain from intervening in

the business activities of the listed company except

when exercising shareholder rights or fulfilling

duties while holding positions within the listed

company.(3) Ensuring that the Company and other

entities under its control do not engage in businesses

that compete with the main business of the listed

company.(4) Ensuring that the Company and

affiliated enterprises minimize related-party

transactions with the listed company and its

subsidiaries. In cases where related-party

transactions are deemed necessary and unavoidable

ensuring fair operations based on market principles

and fair prices and complying with relevant laws

regulations and normative documents regarding

transaction procedures and disclosure obligations. 2.Ensuring the independence of the listed company in

assets: (1) Ensure the independence and integrity of

the listed company’s assets with all such assets

under the control of the listed company and

exclusively owned and operated by the listed

company. (2) The Company does not and will not

unlawfully or improperly utilize the funds assets or

other resources of the listed company in any manner.

(3) The Company will not provide guarantees for its

own debts using the assets of the listed company. (4)

Except for exercising shareholder rights in

accordance with the law the Company guarantees

not to intervene beyond the decisions of the general

meeting and/or the board of directors regarding

significant matters concerning the integrity of the

listed company’s assets. 3. Ensuring the

independence of the listed company in

organizational structure: (1) Ensuring the listed

company maintains a sound corporate governance

structure and possesses an independent and integral

organizational framework. (2) Ensuring that the

general meeting board of directors independent

directors supervisory committee general manager

and other personnel of the listed company

independently exercise their powers in accordance

with laws regulations and company articles of

association. (3) Ensuring that the Company and its

affiliated enterprises do not have a situation of

institutional overlapping with the listed company

and its subsidiaries and that they are completely

separated in terms of office premises and production

and operation locations. 4. Ensuring the

independence of the listed company in personnel: (1)

Ensuring that the general manager deputy general

manager financial director board secretary and

other senior managers of the listed company work

872024 Annual Report of JA Solar Technology Co. Ltd.

full-time for the listed company and receive

compensation accordingly. They shall not hold any

position other than director or supervisor in other

entities controlled by the Company thus maintaining

the independence of personnel in the listed company.

(2) Ensuring that the listed company has a complete

and independent labor personnel and compensation

management system guaranteeing full independence

between this system and the Company and other

entities under its control. (3) Ensuring that directors

supervisors and senior managers are elected or

appointed through legal procedures and the

Company refrains from interfering with personnel

appointment and dismissal decisions made by the

board of directors and general meeting of the listed

company. 5. Ensuring the independence of the listed

company in finance: (1) Ensuring that the listed

company continues to maintain an independent

finance department and an independent financial

accounting system. (2) Ensuring that the listed

company independently opens bank accounts and

does not share a bank account with the Company or

other entities under its control. (3) Ensuring that the

listed company can make independent financial

decisions and the Company refrains from

intervening in the use and allocation of assets of the

listed company through unlawful means. (4)

Ensuring that the financial personnel of the listed

company remain independent and do not hold part-

time positions or receive compensation from other

entities under the control of the Company.I. Prior to this restructuring JA Solar has always

operated independently from other entities under my

control in terms of business assets organization

personnel and finances. The operations assets

personnel finances and organizational structure of

JA Solar have been independent. II. After this

restructuring is completed neither I nor other

entities under my control will exploit the status of

being the controlling shareholder or person acting in

concert with the controlling shareholder of the listed

Commitmen company to influence its independence and ensure

t on keeping the independence of the listed company in terms of

Commitments

Jin Baofang the business assets organization personnel and

made during May 27 Fulfillment

and Jin independenc finances: 1. Ensuring the independence of the listed Long term

asset 2019 in progress

Junmiao e of the company in operations: (1) Ensuring that the listed

restructuring

listed company possesses independent assets personnel

company qualifications and capabilities to conduct business

activities independently maintaining the ability to

operate continuously in the market independently

and autonomously.

(2) I will refrain from intervening in the business

activities of the listed company except when

exercising shareholder rights or fulfilling duties

while holding positions within the listed

company.(3) Ensuring that neither I more other

entities under my control engage in businesses that

compete with the main business of the listed

882024 Annual Report of JA Solar Technology Co. Ltd.

company.(4) Ensuring that I and my affiliated

enterprises minimize related-party transactions with

the listed company and its subsidiaries. In cases

where related-party transactions are deemed

necessary and unavoidable ensuring fair operations

based on market principles and fair prices and

complying with relevant laws regulations and

normative documents regarding transaction

procedures and disclosure obligations. 2. Ensuring

the independence of the listed company in assets: (1)

Ensure the independence and integrity of the listed

company’s assets with all such assets under the

control of the listed company and exclusively owned

and operated by the listed company. (2) I do not and

will not unlawfully or improperly utilize the funds

assets or other resources of the listed company in

any manner. (3) I will not provide guarantees for its

own debts using the assets of the listed company. (4)

Except for exercising shareholder rights in

accordance with the law I guarantee not to intervene

beyond the decisions of the general meeting and/or

the board of directors regarding significant matters

concerning the integrity of the listed company’s

assets. 3. Ensuring the independence of the listed

company in organizational structure: (1) Ensuring

the listed company maintains a sound corporate

governance structure and possesses an independent

and integral organizational framework. (2) Ensuring

that the general meeting board of directors

independent directors supervisory committee

general manager and other personnel of the listed

company independently exercise their powers in

accordance with laws regulations and company

articles of association. (3) Ensuring that I and my

affiliated enterprises do not have a situation of

institutional overlapping with the listed company

and its subsidiaries and that they are completely

separated in terms of office premises and production

and operation locations. 4. Ensuring the

independence of the listed company in personnel: (1)

Ensuring that the general manager deputy general

manager financial director board secretary and

other senior managers of the listed company work

full-time for the listed company and receive

compensation accordingly. They shall not hold any

position other than director or supervisor in other

entities under my control thus maintaining the

independence of personnel in the listed company. (2)

Ensuring that the listed company has a complete and

independent labor personnel and compensation

management system guaranteeing full independence

between this system and I and other entities under

my control. (3) Ensuring that directors supervisors

and senior managers are elected or appointed

through legal procedures and I refrain from

interfering with personnel appointment and dismissal

decisions made by the board of directors and general

meeting of the listed company. 5. Ensuring the

892024 Annual Report of JA Solar Technology Co. Ltd.

independence of the listed company in finance: (1)

Ensuring that the listed company continues to

maintain an independent finance department and an

independent financial accounting system. (2)

Ensuring that the listed company independently

opens bank accounts and does not share a bank

account with me or other entities under my control.

(3) Ensuring that the listed company can make

independent financial decisions and I refrain from

intervening in the use and allocation of assets of the

listed company through unlawful means. (4)

Ensuring that the financial personnel of the listed

company remain independent and do not hold part-

time positions or receive compensation from other

entities under my control.

1. I/the Company commit(s) not to overstep

authority to interfere in the operational and

management activities of the listed company and not

to expropriate the interests of the listed company. 2.Commitmen

From the date of this commitment until the

t relating the

completion of the listed company’s current private

effective

placement if the China Securities Regulatory

implementat

Commission (CSRC) issues new regulatory

ion of

requirements regarding measures to compensate for

measures to

returns and related commitments and the above

Commitments Jingtaifu Jin compensate

commitment do not meet such requirements I/the

relating to Baofang for the August 23 Fulfillment

Company commit(s) to provide one or more Long term

IPO or and Jin immediate 2021 in progress

supplementary commitments in accordance with the

refinancing Junmiao dilution of

latest CSRC regulations at that time. 3. I/the

earnings per

Company commit(s) to effectively implement the

share

measures formulated by the Company to compensate

resulting

for the immediate returns and to fulfill any

from the

commitments made regarding such measures. If I/the

private

Company violate(s) the above commitments and

placement

cause losses to the listed company or investors I/the

Company am/are willing to assume compensation

responsibility to the listed company or investors in

accordance with the law.

1. I commit not to transfer interests to other entities

or individuals without compensation or on unfair

Commitmen terms and not to harm the Company’s interests in

t relating the any other way. 2. I commit to control my position-

effective related consumption acts. 3. I commit not to use any

implementat assets of the Company for investment or

ion of consumption activities unrelated to my duties. 4. I

All directors measures to commit to support the linkage between the

Commitments of the fifth compensate compensation system created by the board of

relating to board of for the directors or the Remuneration and Assessment August 23 Fulfillment

Long term

IPO or directors immediate Committee and the implementation of the 2021 in progress

refinancing and senior dilution of Company’s measures to compensate for returns. 5. If

managers earnings per the Company subsequently launches an equity

share incentive plan I commit to support the linkage

resulting between the exercise conditions of the proposed

from the equity incentive plan and the implementation of the

private Company’s measures to compensate for returns. 6.placement From the date of this commitment until the

completion of the listed company’s current private

placement if the China Securities Regulatory

902024 Annual Report of JA Solar Technology Co. Ltd.

Commission (CSRC) issues new regulatory

requirements regarding measures to compensate for

returns and related commitments and the above

commitment do not meet such requirements I

commit to provide one or more supplementary

commitments in accordance with the latest CSRC

regulations at that time. 7. I commit to effectively

implement the measures formulated by the Company

to compensate for the immediate returns and to

fulfill any commitments made regarding such

measures. If I violate the above commitments and

cause losses to the listed company or investors I am

willing to assume compensation responsibility to the

listed company or investors in accordance with the

law.

1. The Company commits not to overstep authority to

Relevant interfere in the operational and management activities

party’s of the listed company and not to expropriate the

commitment interests of the listed company.s regarding 2. From the date of this commitment until the

the completion of the listed company’s current public

offering if the China Securities Regulatory

immediate

Commission (CSRC) issues new regulatory

dilution of requirements regarding measures to compensate for

returns returns and related commitments and the above

Commitments resulting commitment do not meet such requirements the

relating to from the Company commits to provide one or more August 25 Fulfillment

Jingtaifu

IPO or public supplementary commitments in accordance with the

Long term

2022 in progress

latest CSRC regulations at that time. refinancing offering of

3. The Company commits to effectively implement

convertible

the measures formulated by the Company to

corporate

compensate for the immediate returns and to fulfill

bonds in A-

any commitments made regarding such measures. If

share the

the Company violates the above commitments and

implementat

cause losses to the listed company or investors the

ion of

Company is willing to assume compensation

compensato

responsibility to the listed company or investors in ry measures

accordance with the law.Relevant 1. I commit not to overstep authority to interfere in

party’s the operational and management activities of the

listed company and not to expropriate the interests of

commitment

the listed company.s regarding 2. From the date of this commitment until the

the completion of the listed company’s current issuance

immediate if the China Securities Regulatory Commission

dilution of (CSRC) issues new regulatory requirements

returns regarding measures to compensate for returns and

Commitments related commitments and the above commitment do

Jin Baofang resulting

relating to not meet such requirements I commit to provide one August 25 Fulfillment

and Jin from the

IPO or or more supplementary commitments in accordance

Long term

2022 in progress

Junmiao public

with the latest CSRC regulations at that time. refinancing

offering of 3. I commit to effectively implement the measures

convertible formulated by the Company to compensate for the

bonds in A- immediate returns and to fulfill any commitments

share the made regarding such measures. If I violate the above

implementat commitments and cause losses to the listed company

ion of or investors I am willing to assume compensation

compensato responsibility to the listed company or investors in

ry measures accordance with the law.

1. I commit not to transfer interests to other entities or

Commitments All directors Relevant August 25 Fulfillment

individuals without compensation or on unfair terms Long term

relating to of the fifth party’s and not to harm the Company’s interests in any other 2022 in progress

912024 Annual Report of JA Solar Technology Co. Ltd.

IPO or board of commitment way.refinancing directors s regarding 2. I commit to control my position-related

consumption acts.and senior the

3. I commit not to use any assets of the Company for

managers immediate

investment or consumption activities unrelated to my

dilution of duties.returns 4. I commit to support the linkage between the

resulting compensation system created by the board of

from the directors or the Remuneration and Assessment

public Committee and the implementation of the Company’s

measures to compensate for returns.offering of

5. If the Company subsequently launches an equity

convertible incentive plan I commit to support the linkage

bonds in A- between the exercise conditions of the proposed

share the equity incentive plan and the implementation of the

implementat Company’s measures to compensate for returns.ion of 6. From the date of this commitment until the

completion of the listed company’s current issuance

compensato

if the China Securities Regulatory Commission

ry measures (CSRC) issues new regulatory requirements

regarding measures to compensate for returns and

related commitments and the above commitment do

not meet such requirements I commit to provide one

or more supplementary commitments in accordance

with the latest CSRC regulations at that time.

7. I commit to effectively implement the measures

formulated by the Company to compensate for the

immediate returns and to fulfill any commitments

made regarding such measures. If I violate the above

commitments and cause losses to the listed company

or investors I am willing to assume compensation

responsibility to the listed company or investors in

accordance with the law.Fulfilled on

Yes

time or not

2. Where profit forecasts are made for assets or projects of the Company and the reporting period falls into

the profit forecast period the Company should explain the reasons for the assets and projects reach the

profit forecasts

□ Applicable □ Not applicable

II. The Listed Company’s Funds Possessed by the Controlling Shareholder or Other Related

Parties for Non-operating Purposes

□ Applicable □ Not applicable

During the reporting period the controlling shareholder or other related parties did not make non-operational use of funds from the

listed company.III. Guarantees in Violation of Provisions

□ Applicable □ Not applicable

There wereno illeagl outward guarantees during the reporting period.IV. Note by the Board of Directors on the Latest Non-standard Audit Report

□ Applicable □ Not applicable

V. Note by the Board of Directors Supervisory Committee Independent Director(s) (if any)

on the Non-standard Audit Report issued by the Accounting Firm for this Period

922024 Annual Report of JA Solar Technology Co. Ltd.

□ Applicable □ Not applicable

VI. Note on Changes in Accounting Policies Accounting Estimates or Corrections of Material

Accounting Errors Compared to Previous Year

□Applicable □ Not applicable

Please refer to Section X Financial Statements for details.VII. Note on Change in Consolidation Scope Compared to Previous Year

□Applicable □ Not applicable

The entities included in the scope of consolidated financial statements for this period have changed compared to the

previous period. Refer to Section X Financial Statements for details.VIII. Engagement and Dismissal of Accounting Firm

Current accounting firm

KPMG Huazhen Certified Public Accountants (Special General

Name of domestic accounting firm

Partnership)

Remuneration for domestic accounting firm (10000 yuan) 4001

Consecutive years of service provided by domestic accounting

3 years

firm

CPA names of domestic accounting firm Fu Qiang and Zhang Xinhua

Consecutive years of service provided by CPAs of domestic

3 years and 3 years

accounting firm

Name of overseas accounting firm (if any) Not applicable

Remuneration for overseas accounting firm (10000 yuan) (if

0

any)

Consecutive years of service provided by overseas accounting

Not applicable

firm (if any)

CPA names from overseas accounting firm (if any) Not applicable

Consecutive years of service provided by CPAs from overseas

Not applicable

accounting firm (if any)

Note: 1. KPMG Huazhen Certified Public Accountants (Special General Partnership) provides financial audit and internal control

audit services for the Company with an audit fee of 3 million yuan for the financial audit and 1 million yuan for the internal control

audit.Change in accounting firm for the current period

□ Yes □ No

Information on the engagement of accounting firm for internal control audit financial consultants or sponsors.□Applicable □ Not applicable

According to the regulations of the China Securities Regulatory Commission (CSRC) and the Ministry of Finance the Company is

required to disclose the audit of internal controls over financial reporting together with the annual report. During the reporting period

the Company engaged KPMG Huazhen Certified Public Accountants (Special General Partnership) to audit the effectiveness of the

internal controls over the Company’s financial reporting for the year 2024.IX. Delisting After Annual Report Disclosure

□ Applicable □ Not applicable

X. Matters relating to Bankruptcy and Reorganization

□ Applicable □ Not applicable

The Company did not experience matters relating to bankruptcy and reorganization in the reporting period.

932024 Annual Report of JA Solar Technology Co. Ltd.

XI. Material Litigation and Arbitration Matters

□ Applicable □ Not applicable

There were no material litigation and arbitration matters in connection with the Company in the reporting period.XII. Penalties and Corrections

□ Applicable □ Not applicable

There were no penalties or corrections regarding the Company in the reporting period.XIII. Integrity Status of the Company and Its Controlling Shareholder and Actual Controller

□ Applicable □ Not applicable

XIV. Material Related-party Transactions

1. Related-party transactions pertaining to everyday operations

□ Applicable □Not applicable

Refer to Section X Financial Statements for details.

2. Related-party transactions due to acquisition or sale of assets or shares

□ Applicable □ Not applicable

During the reporting period no related-party transactions involving the acquisition or disposal of assets or equity took place.

3. Related-party transactions for joint outward investments

□ Applicable □ Not applicable

There were no related-party transactions involving joint outward investments during the reporting period.

4. Related-party Debts and Claims

□Applicable □ Not applicable

Related-party debts and claims for non-operating purpose

□ Yes □ No

Related-party claims receivable

Occupation of Amount Amount

Opening Current Closing

funds for non- increased in recovered in

Related party Relationship Reason amount Interest rate interest rate amount

operating current period current period

(10000yuan) (10000 yuan) (10000yuan)

purpose (10000yuan) (10000yuan)

Datang

Angli

(Lingwu) Dividend

Associate Yes 304.2 304.2

New payment

Energy

Co. Ltd.Inner

Mongolia

Dividend

Silicon Associate Yes 0 11628.43 11628.43 0

payment

Materials

Company

Impact of related-party

claims on operating The aforementioned matters do not materially affect the Company’s operational outcomes or financial

outcomes and financial standing.status of the Company

Related-party debts payable

Amount

Amount

Opening repaid in Current Closing

amount increased in current amount

Related interest rate

Relationship Reason 10000 current

period

( Interest rate party (10000 (10000

yuan) period (10000 yuan) yuan)

(10000 yuan)

942024 Annual Report of JA Solar Technology Co. Ltd.

yuan)

No non-

operating

payables to

related

parties

5. Transactions with financial companies with which the Company has a related-party relationship

□ Applicable □ Not applicable

The Company does not have any deposit accounts loans lines of credit or other financial transactions with financial companies with

which the Company has a related-party relationship.

6. Transactions between financial companies controlled by the Company and related parties of the

Company

□ Applicable □ Not applicable

There are no deposit accounts loans lines of credit or other financial transactions between financial companies controlled by the

Company and related parties of the Company.

7. Other material related-party transactions

□Applicable □ Not applicable

Refer to Section X Financial Statements of this Report.On December 23 2023 the Company convened the 15th meeting of the sixth board of directors where it considered and approved the

Proposal on the Estimated Routine Related-Party Transactions for the Year 2024. According to operational requirements it is

anticipated that the total amount of routine related-party transactions between the Company and its subsidiaries and related parties in

2024 would not exceed 1.752 billion yuan. For details of the announcement please refer to http://www.cninfo.com.cn/.

Query on website where extraordinary reports about material related-party transactions are disclosed

Extraordinary announcements Disclosure date Disclosure website

Announcement on the Estimated Routine

Related-Party Transactions for the Year December 13 2023 www.cninfo.com.cn

2024

XV. Material Contracts and Performance Thereof

1. Custody contracting and lease matters

(1) Custody

□ Applicable □ Not applicable

There were no custody matters regarding the Company in the reporting period.

(2) Contracting

□ Applicable □ Not applicable

There were no contracting matters regarding the Company in the reporting period.

(3) Lease

□ Applicable □ Not applicable

There were no lease matters regarding the Company in the reporting period.

2. Material guarantees

□Applicable □ Not applicable

Unit: 10000 yuan

Outward guarantees by the Company and its subsidiaries (excluding guarantees for subsidiaries)

Disclosure Related-

Counter- Fulfilled

date for Guarantee Guarantee Guaranteed Guarantee Collateral Guarantee party

Guaranteed party guarantee completely

announcement limit date amount type (if any) duration guarantee or

(if any) or not

on guarantee not

952024 Annual Report of JA Solar Technology Co. Ltd.

limit

Guarantees by the Company for subsidiaries

Disclosure

Related-

date for Counter- Fulfilled

Guarantee Guarantee Guaranteed Guarantee Collateral Guarantee party

Guaranteed party announcement guarantee completely

limit date amount type (if any) duration guarantee or

on guarantee (if any) or not

not

limit

Chaoyang JA Joint and

Solar Power several

January July

Generation Co. 8894.6 liability 5.8years No No

082020032020

Ltd. guarantee

pledge

Joint and

JA (Yangzhou)

January October several

New Energy Co. 36000 9.3years No No

082020 122020 liability

Ltd.guarantee

Joint and

JA Solar

December March several

Australia PTY 444.36 3.1years Yes No

162020 252021 liability

Limited

guarantee

Joint and

Shanghai JA

December April several

Solar Technology 12000 2.77years Yes No

162020 192021 liability

Co. Ltd.guarantee

Chaoyang Joint and

Xinghua Solar December June several

103000 15.3years No No

Power Generation 162020 152021 liability

Co. Ltd. guarantee

Joint and

Yiwu JA Solar

December September several

Technology Co. 25000 2.77years Yes No

162020 092021 liability

Ltd.guarantee

Joint and

Shanghai JA

December September several

Solar Technology 5500 3.1years Yes No

162020 092021 liability

Co. Ltd.guarantee

Joint and

JA Solar Vietnam December September several

35223.16 7.1years No No

Co. Ltd. 162020 232021 liability

guarantee

Joint and

December September several

JA Solar GmbH 12414.84 25.3years No No

162020 302021 liability

guarantee

Qujing Jinglong Joint and

Electronic December October several

30000 3.1years Yes No

Materials Co. 162020 182021 liability

Ltd. guarantee

Joint and

JA Solar

December November several

International 35942 3.1years Yes No

162020 012021 liability

Limited

guarantee

Joint and

JA Solar

December December several

Holdings Co. 70000 2.32years Yes No

162020 032021 liability

Ltd.guarantee

962024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

Hefei JA Solar

December January several

Technology Co. 13000 2.08years Yes No

102021 042022 liability

Ltd.guarantee

Joint and

Daqing Jingsheng

several

Solar Power December February

35000 liability 2.34years Yes No

Generation Co. 102021 282022

guarantee

Ltd.pledge

Joint and

Yiwu JA Solar

December March 02 several

Technology Co. 15000 3.1years No No

102021 2022 liability

Ltd.guarantee

Joint and

JA (Xingtai)

December March several

Solar Co. Ltd. 21000 1.94years Yes No

102021 152022 liability

guarantee

Joint and

JA Solar

December May several

International 16123.23 2.4years Yes No

102021 312022 liability

Limited

guarantee

Jing Hai Yang

Joint and

Semiconductor

December June several

Materials 10000 2.14years Yes No

102021 202022 liability

(Donghai) Co.

guarantee

Ltd.Joint and

JA Solar

December June several

Holdings Co. 10000 2years Yes No

102021 282022 liability

Ltd.guarantee

Joint and

December July several

JA Solar GmbH 11351.29 25.8years No No

102021 152022 liability

guarantee

Joint and

Baotou JA Solar

December July several

Technology Co. 20000 1.95years Yes No

102021 202022 liability

Ltd.guarantee

Joint and

JA Solar

December August several

International 8985.5 3.1years No No

102021 162022 liability

Limited

guarantee

Joint and

JA Solar

December August several

International 1653.33 3.1years No No

102021 162022 liability

Limited

guarantee

Joint and

JA Solar

December September several

Holdings Co. 20000 3.1years No No

102021 142022 liability

Ltd..guarantee

Joint and

Yiwu Jingcheng

December September several

PV Materials Co. 25000 5.6years No No

102021 152022 liability

Ltd.guarantee

Qujing JA PV Joint and

December September

Technology Co. 9940 several 1.58years Yes No

102021192022

Ltd. liability

972024 Annual Report of JA Solar Technology Co. Ltd.

guarantee

Joint and

JA Solar

December September several

Holdings Co. 79400 3.3years No No

102021 192022 liability

Ltd.guarantee

Joint and

JA Solar

December September several

International 21565.2 1.46years Yes No

102021 282022 liability

Limited

guarantee

Joint and

Hefei JA Solar

December October several

Technology Co. 20000 1.59years Yes No

102021 082022 liability

Ltd.guarantee

Joint and

Qujing JA PV

December October several

Technology Co. 30000 1.48years Yes No

102021 312022 liability

Ltd.guarantee

Joint and

JA Solar

December November several

Holdings Co. 40000 1.5years Yes No

102021 242022 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December December several

Solar Technology 8000 2.5years No No

102021 052022 liability

Co. Ltd.guarantee

Joint and

JA Solar

December December several

Australia PTY 48069.13 5.1years No No

102021 092022 liability

Limited

guarantee

Joint and

Hefei JA Solar

November January several

Technology Co. 20000 2.9years No No

242022 012023 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

November January several

Materials 5000 1.15years Yes No

242022 052023 liability

(Donghai) Co.

guarantee

Ltd.Joint and

Qujing JA PV

November January several

Technology Co. 30000 11months Yes No

242022 062023 liability

Ltd.guarantee

Qujing Jinglong Joint and

Electronic November January several

12000 11months Yes No

Materials Co. 242022 062023 liability

Ltd. guarantee

Joint and

Yiwu JA Solar

November January several

Technology Co. 20000 11months Yes No

242022 092023 liability

Ltd.guarantee

Qujing Jinglong Joint and

Electronic November January several

10000 1.35years Yes No

Materials Co. 242022 162023 liability

Ltd. guarantee

JA Solar Joint and

November February

Holdings Co. 30000 several 11months Yes No

242022032023

Ltd. liability

982024 Annual Report of JA Solar Technology Co. Ltd.

guarantee

Joint and

Hefei JA Solar

November February several

Technology Co. 30000 11months Yes No

242022 092023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November February several

Solar Technology 8000 11months Yes No

242022 132023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November February several

New Energy Co. 10000 11months Yes No

242022 132023 liability

Ltd.guarantee

Joint and

JA (Xingtai) November February several

10000 11months Yes No

Solar Co. Ltd. 242022 132023 liability

guarantee

Joint and

JA Solar

November February several

Holdings Co. 96000 11months Yes No

242022 162023 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

November February several

Materials 10000 1.9 years No No

242022 162023 liability

(Donghai) Co.

guarantee

Ltd.Joint and

Hefei JA Solar

November February several

Technology Co. 30000 1.09years Yes No

242022 222023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November February several

Solar Technology 10000 2.9years No No

242022 272023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November March several

Solar Technology 6000 1year Yes No

242022 072023 liability

Co. Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

November March several

Materials 10000 10 months Yes No

242022 092023 liability

(Donghai) Co.

guarantee

Ltd.Joint and

JA (Yangzhou)

November March several

Solar Technology 20000 10 months Yes No

242022 092023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November March several

New Energy Co. 13000 1.21years Yes No

242022 092023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November March several

Solar Technology 17000 1.08years Yes No

242022 142023 liability

Co. Ltd.guarantee

JA (Yangzhou) November March 10000 Joint and 11 个月 Yes No

992024 Annual Report of JA Solar Technology Co. Ltd.

Solar Technology 242022 162023 several

Co. Ltd. liability

guarantee

Joint and

JA (Xingtai) November March several

20000 11 个月 Yes No

Solar Co. Ltd. 242022 172023 liability

guarantee

Qujing Jinglong Joint and

Electronic November March several

20000 10 months Yes No

Materials Co. 242022 172023 liability

Ltd. guarantee

Joint and

Qujing JA PV

November March several

Technology Co. 20000 0.87years Yes No

242022 172023 liability

Ltd..guarantee

Joint and

Shanghai JA

November March several

Solar Technology 21000 1.2years Yes No

242022 232023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November March several

Solar Technology 15000 0.99years Yes No

242022 242023 liability

Co. Ltd.guarantee

Joint and

Hefei JA Solar

November March several

Technology Co. 9000 3years No No

242022 272023 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

November April several

Technology Co. 10000 1.19years Yes No

242022 112023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November April several

Solar Technology 10000 2.05years No No

242022 132023 liability

Co. Ltd.guarantee

Joint and

Hefei JA Solar

November April several

Technology Co. 40000 0.87years Yes No

242022 132023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November April several

Technology Co. 15000 0.95years Yes No

242022 132023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November April several

Technology Co. 45000 1.52years Yes No

242022 142023 liability

Ltd.guarantee

Joint and

JA Solar

November April several

Australia PTY 33940.61 8.9years No No

242022 242023 liability

Limited

guarantee

Joint and

JA (Yangzhou)

November April several

Solar Technology 10000 11 个月 Yes No

242022 252023 liability

Co. Ltd.guarantee

JA Solar November May Joint and

7907.24 2.8years No No

International 242022 012023 several

1002024 Annual Report of JA Solar Technology Co. Ltd.

Limited liability

guarantee

Joint and

Hefei JA Solar

November May several

Technology Co. 15000 1.23years Yes No

242022 102023 liability

Ltd.guarantee

Joint and

JA Solar

November May several

International 14376.8 3years No No

242022 152023 liability

Limited

guarantee

Joint and

Hefei JA Solar

November May several

Technology Co. 20000 1.34years Yes No

242022 292023 liability

Ltd.guarantee

Joint and

Baotou JA Solar

November May several

Technology Co. 20000 1.01years Yes No

242022 292023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November May several

Technology Co. 20000 1.25years Yes No

242022 312023 liability

Ltd.guarantee

Joint and

JA Solar

November May several

Holdings Co. 55000 0.81years Yes No

242022 312023 liability

Ltd.guarantee

Joint and

November June several

JA Solar GmbH 47247.48 31.5years No No

242022 062023 liability

guarantee

Joint and

November June several

JA Solar GmbH 24163.31 1.5years Yes No

242022 062023 liability

guarantee

Joint and

JA (Xingtai) November June several

20000 0.66years Yes No

Solar Co. Ltd. 242022 092023 liability

guarantee

Joint and

JA (Yangzhou)

November June several

New Energy Co. 20000 1.22years Yes No

242022 142023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November June several

Technology Co. 5000 1.12years Yes No

242022 152023 liability

Ltd.guarantee

Qujing Jinglong Joint and

Electronic November June several

15000 1.17years Yes No

Materials Co. 242022 282023 liability

Ltd. guarantee

Joint and

Qujing JA PV

November June several

Technology Co. 40000 1year Yes No

242022 282023 liability

Ltd.guarantee

JA (Yangzhou) Joint and

November July

Solar Technology 10000 several 0.75years Yes No

242022012023

Co. Ltd. liability

1012024 Annual Report of JA Solar Technology Co. Ltd.

guarantee

Jing Hai Yang

Joint and

Semiconductor

November July several

Materials 4000 1.06years Yes No

242022 032023 liability

(Donghai) Co.

guarantee

Ltd.Joint and

JA (Yangzhou)

November July several

Solar Technology 27000 1.9years No No

242022 142023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November July several

New Energy Co. 40000 1.94years No No

242022 142023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November July several

New Energy Co. 20000 3.64years No No

242022 242023 liability

Ltd.guarantee

Joint and

Shanghai JA

November July several

Solar Technology 15000 1.25years Yes No

242022 262023 liability

Co. Ltd.guarantee

Joint and

Yiwu JA Solar

November July several

Technology Co. 4000 2years No No

242022 312023 liability

Ltd.guarantee

Joint and

JA (Xingtai) November August several

30000 1year Yes No

Solar Co. Ltd. 242022 012023 liability

guarantee

JA (Yangzhou)

Joint and

New Energy Co.November August several

Ltd. JA Solar 19013.32 2years No No

242022 012023 liability

International

guarantee

Limited

Joint and

JA (Xingtai) November August several

7800 0.88years Yes No

Solar Co. Ltd. 242022 092023 liability

guarantee

Shanghai JA

Solar Technology

Co. Ltd. JA

Solar

International

Joint and

Limited Hefei JA

November August several

Solar Technology 214401 2years No No

242022 102023 liability

Co. Ltd. Yiwu

guarantee

JA Solar

Technology Co.Ltd. JA

(Yangzhou) New

Energy Co. Ltd.Jing Hai Yang

Joint and

Semiconductor

November August several

Materials 20000 0.88years Yes No

242022 112023 liability

(Donghai) Co.

guarantee

Ltd.

1022024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

JA (Yangzhou)

November August several

New Energy Co. 61.2 0.5years Yes No

242022 112023 liability

Ltd.guarantee

Joint and

Shanghai JA

November August several

Solar Technology 20000 0.79years Yes No

242022 142023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November August several

New Energy Co. 15000 1year Yes No

242022 182023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November August several

Technology Co. 20000 1.2years Yes No

242022 182023 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

November August several

Technology Co. 1039.83 0.49years Yes No

242022 222023 liability

Ltd.guarantee

Joint and

Baotou JA Solar

November August several

Technology Co. 15000 1year Yes No

242022 252023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November August several

New Energy Co. 870.73 0.41years Yes No

242022 282023 liability

Ltd.guarantee

Joint and

Shanghai JA

November August several

Solar Technology 8000 1.33years Yes No

242022 292023 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

November August several

New Energy Co. 20000 1year Yes No

242022 302023 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

November August several

New Energy Co. 50000 1year Yes No

242022 302023 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

November August several

Technology Co. 32500 1.24years Yes No

242022 312023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November September several

Technology Co. 25000 2.3years No No

242022 072023 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

November September several

Technology Co. 100000 1year Yes No

242022 082023 liability

Ltd.guarantee

Joint and

JA (Xingtai) November September several

50000 0.54years Yes No

Solar Co. Ltd. 242022 082023 liability

guarantee

JA (Yangzhou) November September 6000 Joint and 1year Yes No

1032024 Annual Report of JA Solar Technology Co. Ltd.

Solar Technology 242022 192023 several

Co. Ltd. liability

guarantee

Joint and

Yiwu JA Solar

November September several

Technology Co. 30000 0.75years Yes No

242022 222023 liability

Ltd.guarantee

Joint and

November September several

JA Solar GmbH 14925.32 2.7years No No

242022 222023 liability

guarantee

Joint and

November September several

JA Solar GmbH 12807.31 2.7years No No

242022 222023 liability

guarantee

Joint and

November September several

JA Solar GmbH 25312.43 2.7years No No

242022 222023 liability

guarantee

Joint and

November September several

JA Solar GmbH 1981.62 31years No No

242022 222023 liability

guarantee

Joint and

Hefei JA Solar

November September several

Technology Co. 20000 1year Yes No

242022 252023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November September several

Technology Co. 70000 1year Yes No

242022 282023 liability

Ltd.guarantee

Joint and

JA Solar

November October several

International 21565.2 0.48years Yes No

242022 072023 liability

Limited

guarantee

Joint and

JA Solar

November October several

International 7188.4 0.48years Yes No

242022 072023 liability

Limited

guarantee

Joint and

Hefei JA Solar

November October several

Technology Co. 115000 0.91years Yes No

242022 272023 liability

Ltd.guarantee

Joint and

JA (Wuxi) PV

November November several

Technology Co. 20000 1.5years No No

242022 012023 liability

Ltd.guarantee

Joint and

November November several

JA Solar GmbH 47656.22 0.9years Yes No

242022 012023 liability

guarantee

Joint and

November November several

JA Solar GmbH 3180.83 0.9years Yes No

242022 012023 liability

guarantee

Hefei Jingjiu November November Joint and

10000 1year Yes No

Photovoltaic 242022 092023 several

1042024 Annual Report of JA Solar Technology Co. Ltd.

Technology Co. liability

Ltd. guarantee

Joint and

JA (Xingtai) November November several

25000 3years No No

Solar Co. Ltd. 242022 202023 liability

guarantee

Joint and

Shanghai JA

November November several

Solar Technology 20000 1.24years No No

242022 272023 liability

Co. Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

November November several

Materials 5000 1year Yes No

242022 302023 liability

(Donghai) Co.

guarantee

Ltd.Joint and

Yiwu JA Solar

November December several

Technology Co. 20000 1.56years No No

242022 012023 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

November December several

Technology Co. 49000 1.49years No No

242022 012023 liability

Ltd.guarantee

Joint and

Qujing JA PV

November December several

Technology Co. 20000 1.32years No No

242022 012023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November December several

Technology Co. 40000 0.49years Yes No

242022 032023 liability

Ltd.guarantee

Joint and

JA Solar

November December several

Holdings Co. 50000 3years No No

242022 042023 liability

Ltd.guarantee

Joint and

Hefei JA Solar

November December several

Technology Co. 43000 3years No No

242022 052023 liability

Ltd.guarantee

Joint and

November December several

JA Solar GmbH 320.92 0.64years Yes No

242022 152023 liability

guarantee

Joint and

JA (Yangzhou)

November December several

New Energy Co. 10000 1year Yes No

242022 192023 liability

Ltd.guarantee

Joint and

JA (Xingtai) November December several

30000 1year Yes No

Solar Co. Ltd. 242022 192023 liability

guarantee

Joint and

JA (Yangzhou)

November December several

New Energy Co. 10000 1.35years No No

242022 202023 liability

Ltd.guarantee

JA (Yangzhou) November December Joint and

15000 0.59years Yes No

New Energy Co. 242022 212023 several

1052024 Annual Report of JA Solar Technology Co. Ltd.

Ltd. liability

guarantee

Joint and

Shijiazhuang JA

November December several

Solar Technology 30000 1.46years No No

242022 282023 liability

Co. Ltd.guarantee

Joint and

JA (Xingtai) November December several

28000 0.98years Yes No

Solar Co. Ltd. 242022 282023 liability

guarantee

Joint and

JA (Wuxi) PV

November December several

Technology Co. 16000 1.41years No No

242022 282023 liability

Ltd.guarantee

Joint and

December 13 January several

JA Solar GmbH 3801.12 0.84years Yes No

2023 032024 liability

guarantee

Joint and

JA Solar

December 13 January several

Australia PTY 55866.86 3.46years No No

2023 032024 liability

Limited

guarantee

Joint and

JA Solar USA December 13 January several

32817.17 0.89years Yes No

Inc. 2023 032024 liability

guarantee

Joint and

Dongtai JA Solar

December 13 January several

Technology Co. 20000 1year No No

2023 152024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 January several

PV Technology 20000 1.04years No No

2023 152024 liability

Co. Ltd.guarantee

Qujing Jinglong Joint and

Electronic December 13 January several

12000 1year No No

Materials Co. 2023 172024 liability

Ltd. guarantee

Joint and

Qujing JA PV

December 13 January several

Technology Co. 30000 1year No No

2023 182024 liability

Ltd.guarantee

Joint and

several

JA Solar PV December 13 January

59329.03 liability 7.96years No No

Vietnam Co. Ltd. 2023 182024

guarantee

mortgage

Joint and

Qujing JA PV

December 13 January several

Technology Co. 10000 0.54years Yes No

2023 222024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 January several

New Energy Co. 20000 1.38years No No

2023 222024 liability

Ltd.guarantee

Shanghai JA December 13 January Joint and

21000 1year No No

Solar Technology 2023 252024 several

1062024 Annual Report of JA Solar Technology Co. Ltd.

Co. Ltd. liability

guarantee

Joint and

Shanghai JA

December 13 January several

Solar Technology 20000 1.06years No No

2023 302024 liability

Co. Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 January several

Materials 20000 0.9years Yes No

2023 312024 liability

(Donghai) Co.

guarantee

Ltd.Joint and

Hefei JA Solar

December 13 February several

Technology Co. 40000 0.11years Yes No

2023 042024 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 February several

Materials 2.34 0.25years Yes No

2023 062024 liability

(Donghai) Co.

guarantee

Ltd.Joint and

JA (Xingtai) December 13 February several

15000 1year No No

Solar Co. Ltd. 2023 062024 liability

guarantee

Qujing Jinglong Joint and

Electronic December 13 February several

10000 1year No No

Materials Co. 2023 192024 liability

Ltd. guarantee

Joint and

Qujing JA PV

December 13 February several

Technology Co. 30000 1year No No

2023 192024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 February several

Technology Co. 30000 1year No No

2023 192024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 February several

Holdings Co. 80000 1year No No

2023 232024 liability

Ltd.guarantee

Joint and

JA (Xingtai) December 13 February several

40000 3years No No

Solar Co. Ltd. 2023 232024 liability

guarantee

Joint and

JA Solar

December 13 February several

Holdings Co. 30000 1.02years No No

2023 262024 liability

Ltd.guarantee

Joint and

JA (Xingtai) December 13 February several

10000 1.01years No No

Solar Co. Ltd. 2023 262024 liability

guarantee

Joint and

Hefei JA Solar

December 13 February several

Technology Co. 115000 1year No No

2023 262024 liability

Ltd.guarantee

Baotou JA Solar December 13 February 20000 Joint and 1year No No

1072024 Annual Report of JA Solar Technology Co. Ltd.

Technology Co. 2023 262024 several

Ltd. liability

guarantee

Joint and

JA (Xingtai) December 13 February several

24000 0.85years No No

Solar Co. Ltd. 2023 262024 liability

guarantee

Joint and

December 13 February several

JA Solar GmbH 52814.58 31.87years No No

2023 262024 liability

guarantee

Joint and

JA (Wuxi) PV

December 13 February several

Technology Co. 10000 1year No No

2023 272024 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 February several

Materials 5000 1year No No

2023 282024 liability

(Donghai) Co.

guarantee

Ltd.Joint and

Qujing JA PV

December 13 March several

Technology Co. 14.27 0.49years Yes No

2023 012024 liability

Ltd.guarantee

Joint and

December 13 March several

JA Solar GmbH 12141.66 0.84years Yes No

2023 012024 liability

guarantee

Joint and

Hefei Jingjiu

December 13 March several

Solar Technology 5000 1year No No

2023 042024 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 March several

New Energy Co. 623.23 0.33years Yes No

2023 012024 liability

Ltd.guarantee

Joint and

Shanghai JA

December 13 March several

Solar Technology 10000 1year No No

2023 152024 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 March several

Solar Technology 10000 1year No No

2023 152024 liability

Co. Ltd.guarantee

Joint and

Hefei JA Solar

December 13 March several

Technology Co. 40000 3years No No

2023 152024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 March several

International 43130.4 0.41years Yes No

2023 152024 liability

Limited

guarantee

Joint and

JA (Yangzhou)

December 13 March several

Solar Technology 15000 0.82years No No

2023 192024 liability

Co. Ltd.guarantee

JA (Donghai) December 13 March 10000 Joint and 1year No No

1082024 Annual Report of JA Solar Technology Co. Ltd.

New Materials 2023 192024 several

Technology Co. liability

Ltd. guarantee

Joint and

Shanghai JA

December 13 March several

Solar Technology 1053.1 0.33years Yes No

2023 202024 liability

Co. Ltd.guarantee

Joint and

JA (Xingtai) December 13 March several

20000 3years No No

Solar Co. Ltd. 2023 202024 liability

guarantee

Joint and

JA (Wuxi) PV

December 13 March several

Technology Co. 5000 0.99years No No

2023 212024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 March several

New Energy Co. 10000 0.99years No No

2023 212024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 March several

Holdings Co. 85000 0.99years No No

2023 212024 liability

Ltd.guarantee

Joint and

JA (Xingtai) December 13 March several

50000 1year No No

Solar Co. Ltd. 2023 252024 liability

guarantee

Joint and

Hefei JA Solar

December 13 March several

Technology Co. 40000 2years No No

2023 262024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 March several

Holdings Co. 50000 1year No No

2023 262024 liability

Ltd.guarantee

Joint and

Donghai JA Solar

December 13 March several

Technology Co. 20000 0.87years No No

2023 272024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 March several

New Energy Co. 893.56 0.33years Yes No

2023 272024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 March several

Technology Co. 40000 1year No No

2023 282024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 March several

Holdings Co. 103000 5.76years No No

2023 292024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 April several

Solar Technology 10000 3years No No

2023 012024 liability

Co. Ltd.guarantee

JA (Yangzhou) December 13 April Joint and

30000 3years No No

New Energy Co. 2023 012024 several

1092024 Annual Report of JA Solar Technology Co. Ltd.

Ltd. liability

guarantee

Joint and

JA Solar

December 13 April several

International 21565.2 3.41years No No

2023 012024 liability

Limited

guarantee

Joint and

JA Solar

December 13 April several

International 7188.4 6.25years No No

2023 012024 liability

Limited

guarantee

Joint and

December 13 April several

JA Solar GmbH 1144.91 0.33years Yes No

2023 022024 liability

guarantee

Joint and

Qujing JA PV

December 13 April several

Technology Co. 67.26 0.5years Yes No

2023 032024 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 April several

Materials 8000 1year No No

2023 072024 liability

(Donghai) Co.

guarantee

Ltd.Joint and

JA (Yangzhou)

December 13 April several

New Energy Co. 10000 1year No No

2023 082024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 April several

International 50318.8 2years No No

2023 082024 liability

Limited

guarantee

Joint and

Baotou JA Solar

December 13 April several

Technology Co. 50000 4.47years No No

2023 112024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 April several

Technology Co. 20000 0.91years No No

2023 112024 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 April several

Materials 24.31 0.15years Yes No

2023 172024 liability

(Donghai) Co.

guarantee

Ltd.Joint and

Dongtai JA Solar

December 13 April several

Technology Co. 131160 6.94years No No

2023 172024 liability

Ltd.guarantee

Joint and

Qujing JA PV

December 13 April several

Technology Co. 20000 0.95years No No

2023 172024 liability

Ltd.guarantee

Qujing Jinglong Joint and

Electronic December 13 April several

10000 0.95years No No

Materials Co. 2023 172024 liability

Ltd. guarantee

Qujing JA Solar December 13 April 10000 Joint and 0.96years No No

1102024 Annual Report of JA Solar Technology Co. Ltd.

Technology Co. 2023 172024 several

Ltd. liability

guarantee

Joint and

Qujing JA PV

December 13 April several

Technology Co. 2.24 0.5years Yes No

2023 222024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 April several

New Energy Co. 709.57 0.33years Yes No

2023 232024 liability

Ltd.guarantee

Joint and

December 13 April several

JA Solar GmbH 6690.34 0.69years Yes No

2023 232024 liability

guarantee

Joint and

Dongtai JA Solar

December 13 April several

Technology Co. 14000 1year No No

2023 242024 liability

Ltd.guarantee

Joint and

Baotou JA Solar

December 13 April several

Technology Co. 200 0.94years No No

2023 242024 liability

Ltd.guarantee

Joint and

JA (Xingtai) December 13 April several

10000 0.95years No No

Solar Co. Ltd. 2023 262024 liability

guarantee

Joint and

JA (Xingtai) December 13 April several

50000 1year No No

Solar Co. Ltd. 2023 262024 liability

guarantee

Joint and

JA Solar

December 13 April several

Holdings Co. 10000 0.99years No No

2023 262024 liability

Ltd.guarantee

Inner Mongolia

Yijing PV

Technology Co.Ltd. Nanning

Jingcheng New

Energy

Technology Co.Ltd. Zhengzhou

Jingkun New

Energy Joint and

Technology Co. December 13 April several

300000 2years No No

Ltd. Inner 2023 292024 liability

Mongolia Heao guarantee

PV Technology

Co. Ltd.Changzhi Anjing

New Energy

Technology Co.Ltd. Inner

Mongolia

Youjing PV

Technology Co.

1112024 Annual Report of JA Solar Technology Co. Ltd.

Ltd. Putian

Aoshuo New

Energy

Technology Co.Ltd. Inner

Mongolia

Huixing PV

Technology Co.Ltd. etc.Joint and

December 13 April several

JA Solar GmbH 619.43 0.68years No No

2023 292024 liability

guarantee

Joint and

December 13 May several

JA Solar GmbH 5488.56 0.57years Yes No

2023 062024 liability

guarantee

Joint and

JA Solar

December 13 May several

International 4445.29 3.01years No No

2023 082024 liability

Limited

guarantee

Joint and

JA Solar

December 13 May several

International 4691.9 3.02years No No

2023 082024 liability

Limited

guarantee

Joint and

JA Solar

December 13 May several

International 4589.88 2.94years No No

2023 082024 liability

Limited

guarantee

Joint and

JA Solar

December 13 May several

International 4597.33 2.85years No No

2023 082024 liability

Limited

guarantee

Joint and

Hefei JA Solar

December 13 May several

Technology Co. 40000 3years No No

2023 102024 liability

Ltd.guarantee

Joint and

December 13 May several

JA Solar GmbH 309.72 0.65years No No

2023 112024 liability

guarantee

Joint and

December 13 May several

JA Solar GmbH 1066.31 1.52years No No

2023 112024 liability

guarantee

Joint and

December 13 May several

JA Solar GmbH 2985.68 1.39years No No

2023 112024 liability

guarantee

Joint and

JA (Yangzhou)

December 13 May several

Solar Technology 10000 1year No No

2023 132024 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 May several

New Energy Co. 15000 1year No No

2023 132024 liability

Ltd.guarantee

1122024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

Shijiazhuang JA

December 13 May several

Solar Technology 10000 1year No No

2023 132024 liability

Co. Ltd.guarantee

Joint and

Qujing JA Solar

December 13 May several

Technology Co. 10000 1year No No

2023 152024 liability

Ltd.guarantee

Joint and

December 13 May several

JA Solar GmbH 1316.85 1.31years No No

2023 152024 liability

guarantee

Joint and

December 13 May several

JA Solar GmbH 724.1 1.27years No No

2023 152024 liability

guarantee

Joint and

December 13 May several

JA Solar GmbH 9108.79 30.62years No No

2023 152024 liability

guarantee

Joint and

Hefei JA Solar

December 13 May several

Technology Co. 20000 0.89years No No

2023 202024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 May several

New Energy Co. 10000 1year No No

2023 232024 liability

Ltd.guarantee

Qujing Jinglong Joint and

Electronic December 13 May several

10000 3years No No

Materials Co. 2023 232024 liability

Ltd. guarantee

Joint and

Qujing JA PV

December 13 May several

Technology Co. 20000 3years No No

2023 232024 liability

Ltd.guarantee

Joint and

Yiwu Jingcheng

December 13 May several

PV Materials Co. 15000 3years No No

2023 232024 liability

Ltd

guarantee

Joint and

Hefei JA Solar

December 13 May several

Technology Co. 40000 0.53years Yes No

2023 312024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 June several

International 17971 3years No No

2023 072024 liability

Limited

guarantee

Joint and

JA Solar

December 13 June several

International 10782.6 3years No No

2023 072024 liability

Limited

guarantee

Joint and

JA (Wuxi) PV

December 13 June several

Technology Co. 10000 1year No No

2023 112024 liability

Ltd.guarantee

Jing Hai Yang December 13 June 120 Joint and 0.56years Yes No

1132024 Annual Report of JA Solar Technology Co. Ltd.

Semiconductor 2023 112024 several

Materials liability

(Donghai) Co. guarantee

Ltd.Joint and

JA Solar

December 13 June several

International 56788.36 1.08years No No

2023 142024 liability

Limited

guarantee

Inner Mongolia

Yijia PV Joint and

Technology Co. several

December 13 June

Ltd. Inner 4616.43 liability 1year No No

2023182024

Mongolia Ruijing guarantee

PV Technology pledge

Co. Ltd.Joint and

Yiwu JA Solar

December 13 June several

Technology Co. 50000 1year No No

2023 182024 liability

Ltd.guarantee

Joint and

Qujing JA PV

December 13 June several

Technology Co. 22.8 0.5years Yes No

2023 202024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 June several

Technology Co. 50000 1year No No

2023 202024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 June several

Technology Co. 60000 0.25years Yes No

2023 212024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 June several

Technology Co. 10000 0.76years No No

2023 212024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 June several

Technology Co. 30000 1year No No

2023 252024 liability

Ltd.guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 June several

Materials 5000 1year No No

2023 262024 liability

(Donghai) Co.

guarantee

Ltd.Joint and

JA (Xingtai) December 13 June several

10000 5years No No

Solar Co. Ltd. 2023 262024 liability

guarantee

Joint and

JA (Xingtai) December 13 June several

8626.08 5years No No

Solar Co. Ltd. 2023 262024 liability

guarantee

Jing Hai Yang

Joint and

Semiconductor

December 13 June several

Materials 8000 4years No No

2023 272024 liability

(Donghai) Co.

guarantee

Ltd.

1142024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

JA (Xingtai) December 13 June several

32000 4years No No

Solar Co. Ltd. 2023 272024 liability

guarantee

Joint and

Baotou JA Solar

December 13 June several

Technology Co. 25000 4years No No

2023 272024 liability

Ltd.guarantee

Qujing Jinglong Joint and

Electronic December 13 June several

15000 4years No No

Materials Co. 2023 272024 liability

Ltd. guarantee

Daqing Jingsheng Joint and

Solar Power December 13 June several

40000 15.01years No No

Generation Co. 2023 282024 liability

Ltd. guarantee

Joint and

Yinchuan

December 13 June several

Aiyouen Energy 7000 15.01years No No

2023 282024 liability

Power Co. Ltd.guarantee

Joint and

JA Solar

December 13 July several

International 15000 0.38years Yes No

2023 102024 liability

Limited

guarantee

Joint and

JA Solar

December 13 July several

International 8626.08 5years No No

2023 102024 liability

Limited

guarantee

Joint and

JA Solar

December 13 July several

International 1119.67 1.23years No No

2023 182024 liability

Limited

guarantee

Qujing Jinglong Joint and

Electronic December 13 July several

8000 3years No No

Materials Co. 2023 292024 liability

Ltd. guarantee

Joint and

Hefei JA Solar

December 13 July several

Technology Co. 10000 0.83years No No

2023 292024 liability

Ltd.guarantee

Joint and

December 13 August several

JA Solar GmbH 951.61 0.53years No No

2023 062024 liability

guarantee

Joint and

December 13 August several

JA Solar GmbH 957.99 0.33years Yes No

2023 062024 liability

guarantee

Joint and

December 13 August several

JA Solar GmbH 3851.86 0.69years No No

2023 062024 liability

guarantee

Joint and

December 13 August several

JA Solar GmbH 2699.97 0.36years Yes No

2023 062024 liability

guarantee

JA Solar GmbH December 13 August 7648.08 Joint and 0.69years No No

1152024 Annual Report of JA Solar Technology Co. Ltd.

2023 062024 several

liability

guarantee

Joint and

December 13 August several

JA Solar GmbH 5980.38 0.61years No No

2023 062024 liability

guarantee

Joint and

December 13 August several

JA Solar GmbH 4358.7 0.61years No No

2023 062024 liability

guarantee

Joint and

JA Solar

December 13 August several

International 43130.4 4years No No

2023 112024 liability

Limited

guarantee

Joint and

JA Solar

December 13 August several

International 43130.4 4years No No

2023 112024 liability

Limited

guarantee

Dongtai Jingdong

Joint and

New Energy

December 13 August several

Technology 43188.16 15.01years No No

2023 142024 liability

Development

guarantee

Co. Ltd.Joint and

December 13 August several

JA Solar GmbH 2093.4 0.71years No No

2023 162024 liability

guarantee

JA Intelligent Joint and

Energy December 13 August several

5000 1year No No

Technology 2023 212024 liability

(Hainan) Co. Ltd guarantee

Joint and

JA Solar

December 13 August several

International 37628.5 4.95years No No

2023 222024 liability

Limited

guarantee

Joint and

Shijiazhuang JA

December 13 August several

Solar Technology 10000 1year No No

2023 222024 liability

Co. Ltd.guarantee

Joint and

JA Solar

December 13 August several

Holdings Co. 5000 2.99years No No

2023 262024 liability

Ltd.guarantee

Joint and

December 13 August several

JA Solar GmbH 239.83 0.53years No No

2023 272024 liability

guarantee

Joint and

December 13 August several

JA Solar GmbH 267.41 0.53years No No

2023 272024 liability

guarantee

Joint and

JA (Yangzhou)

December 13 August several

New Energy Co. 13000 0.61years No No

2023 292024 liability

Ltd.guarantee

JA (Yangzhou) December 13 August 20000 Joint and 0.61years No No

1162024 Annual Report of JA Solar Technology Co. Ltd.

Solar Technology 2023 292024 several

Co. Ltd. liability

guarantee

Joint and

JA (Yangzhou)

December 13 August several

Solar Technology 50000 2.96years No No

2023 292024 liability

Co. Ltd.guarantee

Qujing Jinglong Joint and

Electronic December 13 August several

19200 5years No No

Materials Co. 2023 302024 liability

Ltd. guarantee

Joint and

Qujing JA Solar

December 13 August several

Technology Co. 9600 5years No No

2023 302024 liability

Ltd.guarantee

Joint and

JA (Wuxi) PV

December 13 August several

Technology Co. 10000 0.61years No No

2023 302024 liability

Ltd.guarantee

Joint and

December 13 September several

JA Solar GmbH 7399.86 0.48years No No

2023 062024 liability

guarantee

Joint and

Yiwu JA Solar

December 13 September several

Technology Co. 60000 1year No No

2023 132024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 September several

Technology Co. 30000 1year No No

2023 132024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 September several

International 21565.2 5years No No

2023 132024 liability

Limited

guarantee

Joint and

Inner Mongolia

several

Fujia PV December 13 September

19500 liability 15.01years No No

Technology Co. 2023 142024

guarantee

Ltd.pledge

Joint and

Inner Mongolia

several

Fengjia PV December 13 September

14000 liability 15.01years No No

Technology Co. 2023 142024

guarantee

Ltd.pledge

Joint and

Inner Mongolia

several

Riao PV December 13 September

11300 liability 15.01years No No

Technology Co. 2023 142024

guarantee

Ltd.pledge

Joint and

Inner Mongolia

several

Huiao PV December 13 September

4700 liability 15.01years No No

Technology Co. 2023 142024

guarantee

Ltd.pledge

Inner Mongolia December 13 September Joint and

4000 15.01years No No

Liao PV 2023 142024 several

1172024 Annual Report of JA Solar Technology Co. Ltd.

Technology Co. liability

Ltd. guarantee

pledge

Joint and

Inner Mongolia

several

Fengxing PV December 13 September

6500 liability 15.01years No No

Technology Co. 2023 142024

guarantee

Ltd.pledge

Suiyang Jingneng Joint and

Energy December 13 September several

38080 15.01years No No

Technology Co. 2023 142024 liability

Ltd guarantee

Joint and

JA Solar

December 13 September several

International 8689.73 2.88years No No

2023 142024 liability

Limited

guarantee

Joint and

Lanping JA PV

December 13 September several

Technology Co. 779.14 0.48years No No

2023 182024 liability

Ltd.guarantee

JA Intelligent Joint and

Energy December 13 September several

10000 2years No No

Technology 2023 192024 liability

(Hainan) Co. Ltd guarantee

Joint and

Hefei JA Solar

December 13 September several

Technology Co. 150000 2years No No

2023 242024 liability

Ltd.guarantee

Joint and

JA Intelligent several

Energy December 13 September liability

75000 2years No No

Technology 2023 252024 guarantee

(Hainan)Co. Ltd pledge

mortgage

Joint and

Dongtai JA Solar

December 13 September several

PV Technology 244.24 0.25years Yes No

2023 272024 liability

Co. Ltd.guarantee

Joint and

Qujing JA Solar

December 13 September several

Technology Co. 10000 1.89years No No

2023 302024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 September several

Technology Co. 50000 1year No No

2023 302024 liability

Ltd.guarantee

Joint and

Qujing JA PV

December 13 October several

Technology Co. 40000 3.75years No No

2023 012024 liability

Ltd.guarantee

Joint and

Beijing JA Solar

December 13 October several

PV Technology 5000 0.94years No No

2023 012024 liability

Co. Ltd.guarantee

Joint and

December 13 October

JA Solar GmbH 729.46 several 0.41years No No

2023122024

liability

1182024 Annual Report of JA Solar Technology Co. Ltd.

guarantee

JA Solar Joint and

Investment (Inner December 13 October several

4146.78 0.24years No No

Mongolia) Co. 2023 142024 liability

Ltd. guarantee

Joint and

JA (Yangzhou)

December 13 October several

New Energy Co. 50000 0.83years No No

2023 152024 liability

Ltd.guarantee

Joint and

Baotou JA Solar

December 13 October several

Technology Co. 15000 1year No No

2023 162024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 October several

Technology Co. 10000 0.78years No No

2023 162024 liability

Ltd.guarantee

Joint and

December 13 October several

JA Solar GmbH 6123.33 0.42years No No

2023 182024 liability

guarantee

Joint and

December 13 October several

JA Solar GmbH 1761.39 0.22years No No

2023 182024 liability

guarantee

Joint and

December 13 October several

JA Solar GmbH 1684.11 0.67years No No

2023 182024 liability

guarantee

Joint and

JA (Yangzhou)

December 13 October several

Solar Technology 10000 1year No No

2023 222024 liability

Co. Ltd.guarantee

Joint and

Hefei JA Solar

December 13 October several

Technology Co. 70000 1year No No

2023 302024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 October several

Technology Co. 20000 1year No No

2023 302024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 November several

Technology Co. 3405.08 0.41years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 November several

Technology Co. 893.44 0.48years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 November several

Technology Co. 313.4 0.56years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 November several

New Energy Co. 34.82 0.13years Yes No

2023 01 2024 liability

Ltd.guarantee

1192024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

JA (Gaoyou) PV

December 13 November several

Technology Co. 830.27 0.39years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

JA (Gaoyou) PV

December 13 November several

Technology Co. 2015.22 0.47years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

JA (Gaoyou) PV

December 13 November several

Technology Co. 300.21 0.63years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

JA (Xingtai) December 13 November several

489.25 0.39years No No

Solar Co. Ltd. 2023 01 2024 liability

guarantee

Joint and

JA (Xingtai) December 13 November several

202.6 0.43years No No

Solar Co. Ltd. 2023 01 2024 liability

guarantee

Joint and

JA (Xingtai) December 13 November several

588.39 0.46years No No

Solar Co. Ltd. 2023 01 2024 liability

guarantee

Joint and

JA (Yangzhou)

December 13 November several

Solar Technology 5000 0.76years No No

2023 06 2024 liability

Co. Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 November several

PV Technology 180.4 0.25years No No

2023 08 2024 liability

Co. Ltd.guarantee

Joint and

Yangzhou JA PV several

December 13 November

Power Generation 10077.79 liability 5years No No

2023152024

Co. Ltd. guarantee

pledge

Joint and

Dongtai JA Solar

December 13 November several

Technology Co. 4363.58 0.49years No No

2023 21 2024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 November several

International 2282.04 2.31years No No

2023 21 2024 liability

Limited

guarantee

Joint and

JA Solar

December 13 November several

International 2283.41 2.48years No No

2023 21 2024 liability

Limited

guarantee

Joint and

JA Solar

December 13 November several

International 2277.23 2.39years No No

2023 21 2024 liability

Limited

guarantee

Hefei JA Solar December 13 November 241.93 Joint and 0.5years No No

1202024 Annual Report of JA Solar Technology Co. Ltd.

Technology Co. 2023 22 2024 several

Ltd. liability

guarantee

Joint and

Hefei JA Solar

December 13 November several

Technology Co. 806.93 0.5years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 November several

Technology Co. 1977.23 0.49years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 November several

Technology Co. 7637.08 0.49years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 November several

Technology Co. 30500 0.84years No No

2023 26 2024 liability

Ltd.guarantee

Joint and

Ordos JA Solar

December 13 November several

Technology Co. 529.71 0.49years No No

2023 26 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 November several

Technology Co. 15.11 0.49years No No

2023 26 2024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 November several

International 35000 5years No No

2023 26 2024 liability

Limited

guarantee

Inner Mongolia Joint and

Solar PV December 13 November several

1126.84 0.49years No No

Technology Co. 2023 26 2024 liability

Ltd. guarantee

Joint and

Qujing JA Solar

December 13 November several

Technology Co. 1083.55 0.5years No No

2023 28 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 November several

New Energy Co. 978.15 0.5years No No

2023 28 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 November several

New Energy Co. 304.35 0.5years No No

2023 28 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 November several

New Energy Co. 2191.74 0.5years No No

2023 28 2024 liability

Ltd.guarantee

Joint and No No

Shanghai JA

December 13 November several

Solar Technology 167.34 0.5years

2023 29 2024 liability

Co. Ltd.guarantee

Shanghai JA December 13 November Joint and

997.28 0.5years No No

Solar Technology 2023 29 2024 several

1212024 Annual Report of JA Solar Technology Co. Ltd.

Co. Ltd. liability

guarantee

Joint and

Dongtai JA Solar

December 13 December several

Technology Co. 13.93 0.86years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 December several

Technology Co. 6.96 0.86years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 December several

Technology Co. 1583.33 0.7years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 December several

Technology Co. 511.15 0.56years No No

2023 01 2024 liability

Ltd.guarantee

Joint and

Qujing JA Solar

December 13 December several

Technology Co. 441.83 0.21years No No

2023 01 2024 liability

Ltd.guarantee

Shijiazhuang JA Joint and

Electrornic December 13 December several

4.37 0.12years No No

Technology Co. 2023 01 2024 liability

Ltd. guarantee

Joint and

Dongtai JA Solar

December 13 December several

Technology Co. 543.19 0.5years No No

2023 03 2024 liability

Ltd.guarantee

Shijiazhuang JA Joint and

Electrornic December 13 December several

5.36 0.33years No No

Technology Co. 2023 04 2024 liability

Ltd. guarantee

Hebei Jinglong Joint and

Sunshine December 13 December several

102.4 0.5years No No

Equipment Co. 2023 05 2024 liability

Ltd. guarantee

Hebei Jinglong Joint and

Sunshine December 13 December several

1514.42 0.5years No No

Equipment Co. 2023 05 2024 liability

Ltd. guarantee

Joint and

JA (Yangzhou)

December 13 December several

Solar Technology 5000 0.78years No No

2023 06 2024 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 December several

New Energy Co. 15000 0.78years No No

2023 06 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 December several

PV Technology 271.06 0.24years No No

2023 09 2024 liability

Co. Ltd.guarantee

JA (Gaoyou) PV Joint and

December 13 December

Technology Co. 39.01 several 0.5years No No

2023102024

Ltd. liability

1222024 Annual Report of JA Solar Technology Co. Ltd.

guarantee

Joint and

JA (Gaoyou) PV

December 13 December several

Technology Co. 67.8 0.5years No No

2023 10 2024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 December several

Technology Co. 49000 1year No No

2023 12 2024 liability

Ltd.guarantee

Joint and

Shijiazhuang JA

December 13 December several

Solar Technology 19.32 0.33years No No

2023 13 2024 liability

Co. Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 December several

Technology Co. 0.88 0.83years No No

2023 13 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 December several

Technology Co. 148.04 0.83years No No

2023 13 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 December several

Technology Co. 275.21 0.83years No No

2023 13 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 December several

Technology Co. 191.28 0.83years No No

2023 13 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 December several

Technology Co. 93.68 0.83years No No

2023 13 2024 liability

Ltd.guarantee

Joint and

Hefei JA Solar

December 13 December several

Technology Co. 806.93 0.5years No No

2023 16 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 December several

New Energy Co. 1355.06 0.65years No No

2023 17 2024 liability

Ltd.guarantee

Joint and

Yiwu JA Solar

December 13 December several

Technology Co. 354.31 0.65years No No

2023 17 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 December several

New Energy Co. 1035.98 0.5years No No

2023 18 2024 liability

Ltd.guarantee

Joint and

JA (Xingtai) December 13 December several

40000 3.47years No No

Solar Co. Ltd. 2023 19 2024 liability

guarantee

Joint and

Qujing JA Solar

December 13 December several

Technology Co. 273.99 0.5years No No

2023 20 2024 liability

Ltd.guarantee

1232024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

JA Solar

December 13 December several

Investment 10000 1.4years No No

2023 23 2024 liability

(China) Co. Ltd.

guarantee

Joint and

Shanghai JA

December 13 December several

Solar Technology 969.28 0.5years No No

2023 23 2024 liability

Co. Ltd.guarantee

Joint and

Shanghai JA

December 13 December several

Solar Technology 49.2 0.5years No No

2023 23 2024 liability

Co. Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 December several

New Energy Co. 241.52 0.5years No No

2023 24 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 December several

New Energy Co. 18.49 0.5years No No

2023 24 2024 liability

Ltd.guarantee

Joint and

Dongtai JA Solar

December 13 December several

Technology Co. 39.52 0.5years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

JA (Yangzhou)

December 13 December several

New Energy Co. 20000 0.63years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Qujing JA Solar

December 13 December several

Technology Co. 3000 0.5years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Qujing JA Solar

December 13 December several

Technology Co. 3000 0.5years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Qujing JA Solar

December 13 December several

Technology Co. 941.6 0.5years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Ordos JA Solar

December 13 December several

Technology Co. 473.65 0.5years No No

2023 26 2024 liability

Ltd.guarantee

Inner Mongolia Joint and

JA Solar PV December 13 December several

1709.64 0.5years No No

Technology Co. 2023 26 2024 liability

Ltd. guarantee

Inner Mongolia Joint and

JA Solar PV December 13 December several

816.71 0.5years No No

Technology Co. 2023 26 2024 liability

Ltd. guarantee

Inner Mongolia Joint and

JA Bayannur December 13 December several

3613 Has1 1year No No

New Energy Co. 2023 27 2024 liability

Ltd. guarantee

Shanghai JA December 13 December 232.49 Joint and 0.5years No No

1242024 Annual Report of JA Solar Technology Co. Ltd.

Solar Technology 2023 30 2024 several

Co. Ltd. liability

guarantee

Joint and

Shanghai JA

December 13 December several

Solar Technology 376.93 0.5years No No

2023 30 2024 liability

Co. Ltd.guarantee

Joint and

December 13 December several

JA Solar GmbH 369.77 0.61years No No

2023 31 2024 liability

guarantee

Joint and

December 13 December several

JA Solar GmbH 388.34 0.61years No No

2023 31 2024 liability

guarantee

Total actual guarantees

Total approved guarantee

provided to subsidiaries

limits for subsidiaries during 4290299.14 4290299.14

during the reporting

the reporting period（B1）

period（B2）

Total outstanding

Total approved guarantee

guarantees for

limits for subsidiaries at the

5573204.12 subsidiaries at the end 5275520.26

end of the reporting period

of the reporting period

（B3）

（B4）

Guarantees between subsidiaries

Disclosure

Related-

date for Counter- Fulfilled

Guarantee Guarantee Guaranteed Guarantee Collateral Guarantee party

Guaranteed party announcement guarantee completely

limit date amount type (if any) duration guarantee or

on guarantee (if any) or not

not

limit

Lincheng Joint and

Jingneng New several

January

Energy 28300 liability 8.74years Yes No

062016

Development guarantee

Co. Ltd. pledge

Joint and

several

Japan Shiojiri PV September

2170.07 liability 10.2years No No

Power Station 062016

guarantee

pledge

Joint and

Shexian County

several

JA PV Power May

9737.81 liability 10.4years No No

Generation Co. 012017

guarantee

Ltd.pledge

Joint and

several

Datong JA PV

May liability

Power Generation 30000 12.3years No No

012017 guarantee

Co. Ltd.mortgage

pledge

Jing Hai Yang

Semiconductor

January July

Materials 5240 Mortgage 3.67years Yes No

082020152020

(Donghai) Co.

Ltd.

1252024 Annual Report of JA Solar Technology Co. Ltd.

Joint and

December December several

JA Solar GmbH 47926.42 25.4years No No

102021 092022 liability

guarantee

Joint and

December December several

JA Solar GmbH 13005.75 25.4years No No

102021 092022 liability

guarantee

Joint and

JA Solar

November February several

Holdings Co. 72000 11 months Yes No

242022 162023 liability

Ltd.guarantee

Joint and

JA Solar Japan November July several

2773.98 1year Yes No

Limited 242022 312023 liability

guarantee

Joint and

November September several

JA Solar GmbH 9109.27 24years No No

242022 222023 liability

guarantee

Lincheng

Joint and

Jingneng New

November December several

Energy 4644.44 0.8years Yes No

242022 152023 liability

Development

guarantee

Co. Ltd.JA Solar

November December

Technology Co. 7700 Pledge 0.5years Yes No

242022182023

Ltd.JA Solar

November December

Technology Co. 10000 Pledge 0.5years Yes No

242022182023

Ltd.Joint and

JA Solar USA December 13 February several

53653.48 0.73years Yes No

Inc. 2023 062024 liability

guarantee

Joint and

JA Solar

December 13 February several

Holdings Co. 60000 1year No No

2023 232024 liability

Ltd.guarantee

Joint and

JA Solar

December 13 March several

Holdings Co. 30000 0.42years Yes No

2023 012024 liability

Ltd.guarantee

Joint and

December 13 March several

JA Solar GmbH 3180.83 0.84years No No

2023 012024 liability

guarantee

JA Solar

December 13 March

Technology Co. 4500 Pledge 0.5years Yes No

2023212024

Ltd.Joint and

Baotou JA Solar

December 13 March several

Technology Co. 15000 3years No No

2023 302024 liability

Ltd.guarantee

JA Solar

December 13 April

Technology Co. 10000 Pledge 0.92years No No

2023252024

Ltd.

1262024 Annual Report of JA Solar Technology Co. Ltd.

Hefei JA Solar

December 13 May

Technology Co. 35500 Pledge 0.5years Yes No

2023012024

Ltd.Hefei JA Solar

December 13 May

Technology Co. 12143.33 Pledge 0.5years Yes No

2023272024

Ltd.Joint and

December 13 June several

JA Solar AZ 5268.19 1year No No

2023 012024 liability

guarantee

Joint and

JA Solar

December 13 June several

International 86261.62 1.01years No No

2023 282024 liability

Limited

guarantee

Joint and

December 13 July several

JA Solar GmbH 2315.96 0.46years Yes No

2023 162024 liability

guarantee

Joint and

JA Solar Japan December 13 July several

2773.98 1year No No

Limited 2023 312024 liability

guarantee

Hebei Jinglong Joint and

Sunshine December 13 August several

5000 2.99years No No

Equipment Co. 2023 262024 liability

Ltd. guarantee

Joint and

December 13 September several

JA Solar GmbH 55350.68 1.5years No No

2023 292024 liability

guarantee

Joint and

December 13 November several

JA Solar GmbH 1823.41 12.29years No No

2023 182024 liability

guarantee

Joint and

December 13 December several

JA Solar GmbH 3396.95 0.52years No No

2023 23 2024 liability

guarantee

Joint and

Xingtai Jinglong

December 13 December several

PV Materials Co. 1000 1.49years No No

2023 25 2024 liability

Ltd.guarantee

Joint and

Shanghai

December 13 December several

Xinggong Energy 17.83 0.44years No No

2023 31 2024 liability

Co. Ltd.guarantee

Total actual guarantees

Total approved guarantee

provided to subsidiaries

limits for subsidiaries during 387186.26 387186.26

during the reporting

the reporting period (C1)

period (C2)

Total outstanding

Total approved guarantee

guarantees for

limits for subsidiaries at the

499135.58 subsidiaries at the end 361022.81

end of the reporting period

of the reporting period

(C3)

(C4)

Total guaranteed amount by the Company (the sum of the top three items)

1272024 Annual Report of JA Solar Technology Co. Ltd.

Total approved guarantee Total actual guarantees

limits during the reporting 4677485.4 during the reporting 4677485.4

period (A1+ B1+ C1) period (A2+ B2+ C2)

Total approved guarantee Total outstanding

limits at the end of the guarantees at the end of

6072339.75636543.07

reporting period (A3+ B3+ the reporting period

C3) (A4+ B4+ C4)

Total outstanding guarantees (A4+B4+C4) as a percent

202.05%

of the Company’s net assets

Including:

Outstanding guarantees for shareholders actual controller

0

and its related parties (D)

Balance of indirect or direct debt guarantee for guaranteed

3373176.42

parties whose debt to asset ratio is over 70% (E)

Amount out of the actual guarantees that exceeds 50% of

4241730.69

the net assets (F)

Total of the above three items (D+ E+ F) 7614907.11

For unexpired guarantee contracts explain cases where

guarantee liability occurred during the reporting period or

None

evidence indicates a potential for joint and several liability

(if any)

Note on outward guarantees in violation of the prescribed

None

procedures (if any)

Note: 1 Inner Mongolia JA Bayannur New Energy Co. Ltd. has engaged in financial leasing agreements with Zhejiang Chouzhou

Financial Leasing Co. Ltd. In this arrangement JA Solar Technology Co. Ltd. has provided a 100% joint and several liability guarantee

while minority shareholders have issued counter-guarantees commensurate with their 49% equity stake.Detailed note on composite guarantees

3. Entrusted cash management

(1) Entrusted wealth management

□ Applicable □ Not applicable

There were no entrusted wealth management regarding the Company in the reporting period.

(2) Entrusted loans

□ Applicable □ Not applicable

There were no entrusted loans regarding the Company in the reporting period.

4. Other material contracts

□ Applicable □ Not applicable

There were no other material contracts regarding the Company in the reporting period.XVI. Other Important Matters

□Applicable □ Not applicable

Issuing convertible corporate bonds to the public

To further enhance the Company’s vertically integrated industrial chain scale up operations and maintain its industry-leading

position while capitalizing on the maturation of its n-type product technology by increasing the capacity of large-size n-type silicon

wafers solar cells and modules the Company plans to issue convertible corporate bonds to the public. The funds raised not exceeding

8.96 billion yuan will be allocated to the following projects: the Baotou JA (Phase III) 20GW Crystal Pulling and Slicing Project the

1282024 Annual Report of JA Solar Technology Co. Ltd.

Qujing Annual 10GW High-Efficiency Cells and 5GW High-Efficiency Modules Project and the Yangzhou Annual 10GW High-

Efficiency Solar Cells Project. Additionally a portion of the funds will be used to supplement working capital. This strategic initiative

aims to seize the historic opportunity presented by technological advancements establishing a leading position of the Company in the

industrialization of large-size n-type products.On July 18 2023 the Company issued 89603077 convertible corporate bonds to the public each with a face value of 100 yuan

raising a total of 8960307700.00 yuan. The bonds were listed for trading at Shenzhen Stock Exchange from August 4 2023 under

the short name of JA Convertible Bonds and the code of 127089.On January 24 2024 the “JA Convertible Bonds” commenced their conversion period.XVII. Subsidiary’s Material Matters

□Applicable □ Not applicable

On July 9 2024 the Company held its 24th meeting of the sixth board of directors where it approved the Proposal on Acquiring

Partial Equity in a Controlled Subsidiary. Through its wholly-owned subsidiary JA Solar Holdings the Company acquired a 23.0681%

equity stake in JA (Yangzhou) Solar Technology Co. Ltd. from China Orient Asset Management Co. Ltd. for a total transaction value

of 2 billion yuan. Following this transaction the Company will increase its ownership interest in JA (Yangzhou) Solar Technology

Co. Ltd. to 94.2330% via JA Solar Holdings.

1292024 Annual Report of JA Solar Technology Co. Ltd.

Section VII. Changes in Shares and Shareholders

I. Share Changes

1. Share changes

Unit: Share

Before the change Change (+ -) After the change

Capital

Bonus reserve

Number Percentage New issue Others Sub-total Number Percentage

issue converted

to shares

I. Restricted

116792550.35%-7981412-798141236978430.11%

shares

1. Shares

held by the

state

2. Shares

held by the

state-owned

legal entities

3. Shares

held by other

110676550.33%-8379450-837945026882050.08%

domestic

investors

In which:

shares held by

domestic legal

entities

Shares

held by

110676550.33%-8379450-837945026882050.08%

domestic

natural persons

4. Shares

held by

6116000.02%39803839803810096380.03%

overseas

investors

Including

shares held by

overseas legal

entities

Shares

held by

6116000.02%39803839803810096380.03%

overseas natural

persons

II. Unrestricted

330458057899.65%10309413693721400313330598089199.89%

shares

1. RMB

330458057899.65%10309413693721400313330598089199.89%

common shares

2. Foreign

shares listed in

Chinese

mainland

3. Foreign

1302024 Annual Report of JA Solar Technology Co. Ltd.

shares listed

outside Chinese

mainland

4. Others

III. Total shares 3316259833 100.00% 1030941 -7612040 -6581099 3309678734 100.00%

Reason for changes in shares

□Applicable □ Not applicable

1. Issuance of new shares:

(1) During the reporting period incentive recipients voluntarily exercised 1004576 shares under the 2020 Stock Option and

Restricted Stock Incentive Plan along with 11 shares from the 2022 Plan.

(2) During the reporting period a total of 26354 shares were converted from JA Convertible Bonds.

2. Others:

During the reporting period the Company terminated its 2022 and 2023 Stock Option and Restricted Stock Incentive Plans

successfully repurchasing and canceling a total of 7612040 unvested restricted shares.Approval of changes in share changes

□Applicable □ Not applicable

1. Issuance of new shares:

(1) The Company implemented a voluntary exercise model for stock options under the 2020 and 2022 Stock Option and Restricted

Stock Incentive Plans. This model has received approval from the Shenzhen Stock Exchange and has successfully completed the

necessary registration and filing procedures with the China Securities Depository and Clearing Corporation Limited (Shenzhen Branch).

(2) With the approval of the China Securities Regulatory Commission (CSRC) in its Reply regarding JA Solar Technology Co. Ltd.’s

Registration for a Public Offering of Convertible Corporate Bonds (ZJXK [2023] No. 1164) the Company successfully issued

89603077 convertible bonds to unspecified investors on July 18 2023 each with a face value of 100 yuan. These bonds began trading

on the Shenzhen Stock Exchange on August 4 2023 under the designation JA Convertible Bonds with the trading code 127089. The

conversion period for these bonds is established from January 24 2024 to July 17 2029.

2. Others:

Following the approval of the general meeting the Company has resolved to terminate its 2022 and 2023 Stock Option and Restricted

Stock Incentive Plans. This action includes the repurchase and cancellation of 7612040 restricted shares that were granted but not yet

vested. The China Securities Depository and Clearing Corporation Limited (Shenzhen Branch) has thoroughly reviewed and confirmed

the completion of these repurchase and cancellation procedures.Registration of changes in share changes

□ Applicable □ Not applicable

Impact of the share changes on financial indicators such as the earnings per share diluted earnings per share net assets per share

attributed to the common shareholders of the Company for the latest year and the latest period

□ Applicable □ Not applicable

Other disclosures the Company thinks necessary or required by the CSRC

□ Applicable □ Not applicable

2. Change in restricted shares

□Applicable □ Not applicable

Unit: Share

Restricted Restricted

Opening Closing

Shareholder shares shares Reason for

restricted restricted

Unlocking date name

increased unlocked in

restriction

shares shares

in current the current

1312024 Annual Report of JA Solar Technology Co. Ltd.

period period

The Company has

terminated the 2022 and

2023 Stock Option and

Recipients of

Equity Restricted Stock Incentive

restricted

incentive Plans. Additionally on

shares under 4212040 4212040 0

restricted March 29 2024 it

the 2022 Equity

shares completed the necessary

Incentive Plan

registration procedures for

share repurchase and

cancellation.The Company has

terminated the 2022 and

2023 Stock Option and

Recipients of

Equity Restricted Stock Incentive

restricted

incentive Plans. Additionally on

shares under 3400000 3400000 0

restricted March 29 2024 it

the 2023 Equity

shares completed the necessary

Incentive Plan

registration procedures for

share repurchase and

cancellation.The shares are managed in

Directors

Lock-up accordance with the

supervisors and

4067215 369372 3697843 for appropriate regulations

senior

executives governing executive

managers

shareholdings.Total 11679255 0 7981412 3697843 -- --

II. Issuance and Listing of Securities

1. Issuance of securities (excluding preference shares) in the reporting period

□ Applicable □Not Applicable

Name of

Approved

stock and Issue price

quantity to Transaction Disclosure Disclosure

its Issue date (or interest Issue size Listing date

trade on end date index date

derivative rate)

market

securities

Stock type

Voluntary

option 1004587 1004587

exercise

Conversion

of the JA

2635426354

Convertible

Bonds

Convertible bonds detachable convertible corporate bonds and corporate bonds

Other derivative securities

Note on the issuance of securities (excluding preference shares) in the reporting period

1. During the reporting period incentive recipients voluntarily exercised 1004576 shares under the 2020 Stock Option and

Restricted Stock Incentive Plan along with 11 shares from the 2022 Plan.

2. During the reporting period a total of 26354 shares were converted from JA Convertible Bonds.

1322024 Annual Report of JA Solar Technology Co. Ltd.

2. Note on changes in total shares and shareholding structure as well as the changes in the asset and

liability structure

□Applicable □ Not applicable

1.During the reporting period incentive recipients exercised a total of 1004587 shares comprising 1004576 shares under the 2020

Stock Option and Restricted Stock Incentive Plan and 11 shares under the 2022 plan. This action led to an increase in the Company’s

total share capital by 1004587 shares.

2. During the reporting period 26354 shares were successfully converted from JA Convertible Bonds leading to an increase of 26354

shares in the Company’s total share capital.

3.During the reporting period following the approval of the general meeting the Company has resolved to terminate its 2022 and 2023

Stock Option and Restricted Stock Incentive Plans. This action includes the repurchase and cancellation of 7612040 restricted shares

that were granted but not yet vested. The China Securities Depository and Clearing Corporation Limited (Shenzhen Branch) has

thoroughly reviewed and confirmed the completion of these repurchase and cancellation procedures. This led to a decrease of 7612040

shares in the Company’s total share capital.

3. Current employee shares

□ Applicable □ Not applicable

III. Shareholders and Actual Controller

1. Number of shareholders and their shareholdings

Unit: Share

Total

Total

common

preference

shareholder Total preference

shareholders

s at the end shareholders with voting

Total common with voting

of the rights restored at the end

shareholders at rights restored

160992 month prior 172457 0 of the month prior to the 0

the end of the at the end of

to the disclosure date of annual

reporting period the reporting

disclosure report (if any) (refer to

period (if any)

date of Note 8)

(refer to Note

annual

8)

reportShareholding of shareholders holding 5% or more of the shares or the top 10 shareholders (excluding shares borrowed through “stock financingtransfer”

Change in the Pledge mark or freeze