JA Solar - Asia Tech Wire

JA Solar

2024.12.19

21:55

JA Solar: Plans to invest 3.957 billion yuan to build solar cell and module production capacity

JA Solar Technology announced that it plans to invest in the construction of a 6GW high-efficiency solar cell and 3GW high-power solar module project in Oman, with a total investment of RMB 3.957 billion, accounting for 11.27% of the latest audited net assets. The sources of funds for the project include its own funds, external equity financing and financing from financial institutions, etc. The company will make overall arrangements for funds to ensure the smooth implementation of the project.

2024.12.06

09:45

Photovoltaic concept stocks fluctuated downward at the beginning of the session, with Aixu shares falling more than 5%

Photovoltaic concept stocks fluctuated downward in early trading, with Aixu shares falling more than 5%, Junda shares and Tongwei shares falling more than 4%, and many stocks including JA Solar Technology and Inno Laser falling.

2024.12.02

15:31

The United States announced the preliminary results of the anti-dumping tariffs on photovoltaic cells from four Southeast Asian countries. JA Solar Technology: We will try to raise prices after the tariffs are high

According to media reports, the relevant Chinese photovoltaic enterprises with local production capacity, according to the latest preliminary ruling results, JinkoSolar was ruled to be subject to a 21.31% dumping tax rate for its products produced in Malaysia, and a 56.51% tax rate for its products produced in Vietnam; Trina Solar was subject to a 77.85% dumping tax rate for its products produced in Thailand, and a 54.46% tax rate for its products produced in Vietnam. JA Solar was subject to a 53.30% dumping tax rate for its products produced in Vietnam. Regarding the impact, a person related to JA Solar told reporters that this is the preliminary ruling result, and the final ruling result has not yet been released. It is reported that the company's production capacity in the four Southeast Asian countries is concentrated in Vietnam, and the company has also built a factory in the United States. At present, the first piece of the US base has been offline. If the subsequent US anti-dumping tax rate on photovoltaic cells in the four Southeast Asian countries is too high, (JA Solar) company considers shipping from the US component factory to avoid this (tax). At the same time, (JA Solar) company is also investigating investment opportunities in other countries outside the United States and the four Southeast Asian countries. In addition, the above-mentioned person also said that after the tax is high, either the price will be raised or the shipment will be changed to another place, and said: "The price will be raised for a while, and it depends on whether the market will accept it in the end." If Vietnam's production capacity does not enter the United States, what will happen to this part of the production capacity? The above-mentioned person said that there is no conclusion yet. (21 Finance)

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