JA Solar details 2026 financial plans, hedging, and shareholder meeting

JA Solar Technology's board has approved an estimated 790 billion yuan in new guarantee limits for 2026. This covers its subsidiaries, inter-subsidiary guarantees, and subsidiary-to-company guarantees. This total includes 532 billion yuan for entities with asset-liability ratios over 70% and 258 billion yuan for those below.

The board also approved initiating commodity futures and derivatives hedging activities for 2026, with a maximum daily occupied margin of 15 billion yuan, sourced from the company's own funds.

These proposals, along with revisions to governance documents and a 2026 credit line application, will be put to a vote at the Fifth Extraordinary General Meeting of Shareholders on December 8, 2025. The meeting will also include the election of new independent and non-independent directors for the seventh board, with proposals for their remuneration.

The board resolutions emphasize the company's commitment to managing financial risks and ensuring stable operations through these strategic financial measures.