JA Solar completes share transfer for 2025 employee stock plan

JA Solar Technology Co., Ltd. announced the completion of the non-trading transfer of shares for its 2025 Employee Stock Ownership Plan. On November 12, 2025, 39,499,986 company shares from the company's dedicated repurchase securities account were transferred to the "JA Solar Technology Co., Ltd. - 2025 Employee Stock Ownership Plan" securities account. This amount represents 1.19% of the company's current total share capital and originated entirely from repurchased shares.

The total subscription for the plan reached 240,949,914.60 yuan, with an equivalent number of shares subscribed. Funds for the plan were sourced from employees' legitimate compensation, self-raised funds, and other legally permitted avenues. The lock-up period for the shares will be 12 months from the announcement of the transfer, and the plan's duration is 48 months.

Following this transfer, the company's dedicated repurchase securities account retains 2,850,091 shares. The repurchased shares used for this plan, including 26,945,700 shares repurchased by October 31, 2024, align with the company's previously approved share repurchase program.