According to the 21st Century Business Herald, JA Solar announced a senior management adjustment. Qin Shilong, the former secretary of TCL Zhonghuan, took over as the company's new secretary of the board of directors, while Wu Tingdong resigned from the position of secretary of the board of directors due to internal work adjustments and transferred to the company's business position, with the rank of vice president. Qin Shilong has worked for TCL Zhonghuan for a long time and has rich industry experience. JA Solar has previously announced plans to go public on the Hong Kong stock market, which has become the first major project faced by Qin Shilong after taking office. The company is currently expanding its financing channels through various means. Although the photovoltaic industry is at the bottom of the cycle, JA Solar still has ample cash reserves.