JA Solar to repurchase shares, reveals top holders

JA Solar Technology Co., Ltd. announced a share repurchase plan, approved by its Sixth Board of Directors at its forty-third meeting on August 22, 2025. The company intends to use its own funds and dedicated repurchase loans, totaling not less than RMB200m and not exceeding RMB400m, to buy back a portion of its A-shares through centralized bidding. These repurchased shares will be used for employee stock ownership plans or equity incentives.

Prior to the repurchase resolution on August 22, 2025, Dongtai Jintaihong Technology Co., Ltd. was the largest shareholder, holding 1,570,307,572 shares, representing 47.45% of the total. Hong Kong Securities Clearing Company Limited was the second-largest, with 223,482,196 shares (6.75%), followed by the National Social Security Fund 118 Portfolio, holding 59,156,812 shares (1.79%).

The announcement also detailed the top ten unrestricted shareholders. Dongtai Jintaihong Technology Co., Ltd. also led this category with 1,570,307,572 shares (47.51%), demonstrating a consistent concentration of ownership. The repurchase plan aims to enhance shareholder value and incentivize employees.