JA Solar Technology unveils 2025 stock option incentive plan, share repurchase

JA Solar Technology's board of directors’ remuneration and appraisal committee has completed its review regarding the list of incentive recipients for the 2025 stock option incentive plan. The list was publicly displayed from August 23 to September 1, 2025, and no objections were received. The committee concluded that all listed individuals meet the criteria outlined in the "Management Measures" and are legally qualified to participate.

Concurrently, the company announced a share repurchase program, with a total value between RMB200 million and RMB400 million, not exceeding RMB17.36 per share. The repurchased shares will be used for employee stock ownership or equity incentive plans. As of the announcement date, the company's directors, supervisors, senior management, controlling shareholders, actual controllers, and shareholders holding 5% or more of the company's shares have no defined plans to reduce their holdings in the next three to six months.

The repurchases are funded by a dedicated stock repurchase loan and the company’s own capital. The repurchase program aims to enhance long-term incentive mechanisms, attract and retain talent, and promote stable and sustainable growth. The board of directors passed the resolution on August 22, 2025, and the repurchase will be executed within 12 months.