JA Solar amends articles, eyes H-share listing and new governance structure
JA Solar Technology is revising its Articles of Association, replacing the Board of Supervisors with an Audit Committee, in anticipation of its H-share listing. This move shifts supervisory duties to the Audit Committee, aligning with current governance best practices. Concurrently, the company announced its 2026 annual forecasts, including projected daily related-party transactions totaling no more than CNY47,302.00, encompassing services, procurement, rentals, and financial services.
The company also released its 2026 outlook for foreign exchange hedging, with a maximum outstanding balance of $40 billion (or equivalent in other currencies). This strategy aims to mitigate currency fluctuation risks, safeguard operating performance, and enhance capital efficiency. Furthermore, JA Solar plans to establish a 2025 employee stock ownership plan management committee. These updates underpin its commitment to robust governance and strategic financial management.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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