JA Solar repurchases shares, registers new employee stock option plan

As of October 31, 2025, JA Solar Technology has repurchased 15,404,377 shares through centralized bidding on the Shenzhen Stock Exchange, representing 0.47% of its total share capital. The total value of these repurchases reached 217,199,530.71 yuan, with prices ranging from 13.33 yuan to 14.236 yuan per share. This repurchase is part of a plan approved on August 22, 2025, to utilize 200 million yuan to 400 million yuan for employee stock ownership or equity incentives. The company intends to continue the repurchase program based on market conditions.

Concurrently, JA Solar Technology completed the registration for its 2025 stock option incentive plan on October 31, 2025. This plan grants 16,169.8185 million stock options to 1,926 employees, with an exercise price of 9.15 yuan per share. The options are subject to vesting periods of 12 and 24 months, with performance targets based on 2024 net profit for 2025 and positive net profit for 2026.

The initial plan on August 22, 2205, included 1,975 participants and 16,177.6185 million options, but was adjusted due to employee departures, leading to a final count of 1,926 participants and 16,169.8185 million options. The share repurchases contribute to this incentive plan, demonstrating the company's commitment to long-term employee motivation and shareholder value.