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JA Solar Announces Preliminary 2016 Financial Results

JA Solar Announces Preliminary 2016 Financial Results


JA Solar Holdings Co., Ltd. (Nasdaq:JASO) (“JA Solar” or the “Company”), one of the world’s largest manufacturers of high-performance solar power products, today announced preliminary estimates of 2016 financial results. Revenue for the year is estimated to be within the range of RMB 15 to 16 billion. Total module and cell shipments, including shipments to the Company’s own downstream projects, are estimated in the range of 5.1 to 5.2 GW. The Company had previously given shipment guidance of 4.9 to 5.0 GW for the full year.

The Company expects to announce final results on March 16, 2017.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by words such as “may,” “expect,” “anticipate,” “aim,” “intend,” “plan,” “believe,” “estimate,” “potential,” “continue,” and other similar statements. Statements other than statements of historical facts in this announcement are forward-looking statements, including but not limited to, our expectations regarding the expansion of our manufacturing capacities, our future business development, and our beliefs regarding our production output and production outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Further information regarding these and other risks is included in Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

Anand Gupta Editor - EQ Int'l Media Network


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