{"id":44692,"date":"2020-11-10T07:17:54","date_gmt":"2020-11-09T20:47:54","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=44692"},"modified":"2020-11-10T13:16:14","modified_gmt":"2020-11-10T02:46:14","slug":"ja-solar-chairman-mb1755","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/ja-solar-chairman-mb1755\/","title":{"rendered":"JA Solar Chairman Reportedly Detained"},"content":{"rendered":"

\"Jin<\/p>\n

Chinese solar panel manufacturing giant JA Solar’s shares have gone south again. Here’s what triggered the latest drop.<\/p>\n

Yicai Global is reporting<\/a> JA Solar Chairman and CEO Jin Baofang has been detained by the supervisory commission of Pingdu city, northeastern Shandong province in China. The local commission is the provincial branch of the National Supervisory Commission. According to Wikipedia, the National Supervisory Commission<\/a> is the highest anti-corruption agency of the PRC and is at the same administrative ranking as Supreme People’s Court and Supreme People’s Procuratorate (the public prosecutor’s department).<\/span><\/p>\n

In addition to his JA Solar role, Jin Baofang is also the Vice President of the China Photovoltaic Industry Association and the director of PV Products Association Branch of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products. He has also been a delegate at several National People\u2019s Congresses, and has received Party recognition in the form of the May 1st Labor Medal and National Labor Model.<\/p>\n

There aren’t any further details of the nature of the investigation at this stage, which isn’t unusual in these cases, but JA Solar reportedly says it is not impacting company operations and an internal investigation hasn’t revealed any wrongdoing.<\/p>\n

JA Solar’s shares took a hit on the news, dropping the daily exchange-limited 10%, following on from a 10% drop on Friday.<\/p>\n

Yicai Global says Jin Baofang holds 57 percent equity in JA Solar. He was ranked 113rd on the Forbes China Rich List<\/a> as at the 4th of November, with a net worth of USD $4.39B at that point.<\/p>\n

JA Solar A Major PV Player<\/h2>\n

JA Solar is a member of the Silicon Module Super League (SMSL), a group of six major solar panel producers that also includes Canadian Solar, Hanwha Q CELLS, Jinko Solar, Trina Solar and Longi. The company was founded by Jin Baofang in 2005 and cumulative shipments to the end of the second quarter of this year had eclipsed 50GW.<\/p>\n

GlobalData\u2019s top ten list of panel manufacturers<\/a> for global shipments in 2019 ranked JA Solar at no. 2, with 10.3GW (+17% on 2018). The firm is targeting 16GW of module shipments in 2020.<\/p>\n

Recently the company started ramping up production at its 10GW Yiwu Information Optoelectronic High-tech Industrial Park manufacturing hub. According to<\/a> PV-Tech, JA Solar has plans to reach 18GW ingot\/wafer capacity, 16GW of cell capacity and 23GW of module assembly capacity by the end of 2020.<\/p>\n

JA Solar listed on the NASDAQ in 2007. It ceased to be a publicly traded company<\/a> in 2018 after completion of its merger with JASO Acquisition Limited, but didn’t remain a private company for long. Early this year the company announced it had listed its common stock<\/a> on the Shenzhen Stock Exchange.<\/p>\n

The firm entered the Australian market in 2013 and its panels have proved to be pretty popular in Australia given their reliability and comparatively low pricing point. JA Solar panel reviews<\/a> here on SolarQuotes are generally quite favourable and the company is currently listed by SQ as a trusted brand<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese solar panel manufacturing giant JA Solar’s shares have gone south again. Here’s what triggered the latest drop.<\/p>\n","protected":false},"author":17,"featured_media":44693,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-44692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nJA Solar Chairman Reportedly Detained - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Chinese solar panel manufacturing giant JA Solar's shares have gone south again. 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The DeepBlue 3.0 series was originally\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JA Solar - 415-watt DeepBlue 3.0 Light","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/ja-solar-deepblue.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/ja-solar-deepblue.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/ja-solar-deepblue.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/ja-solar-deepblue.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/ja-solar-deepblue.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":22900,"url":"https:\/\/www.solarquotes.com.au\/blog\/ja-solar-private-mb0672\/","url_meta":{"origin":44692,"position":1},"title":"JA Solar Completes Merger, Exits NASDAQ","author":"Michael Bloch","date":"July 18, 2018","format":false,"excerpt":"Solar panel manufacturer JA Solar Holdings Co., Ltd. has announced the completion of its merger with JASO Acquisition Limited and has ceased to be a publicly traded company. JA Solar requested that trading of its shares on the NASDAQ be suspended earlier today. The company was founded in 2005 and\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JA Solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/ja-solar-panels.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/ja-solar-panels.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/ja-solar-panels.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/ja-solar-panels.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":17606,"url":"https:\/\/www.solarquotes.com.au\/blog\/ja-solar-perc-mb0365\/","url_meta":{"origin":44692,"position":2},"title":"JA Solar Claims World Record For 60-Cell PERC Solar Panel","author":"Michael Bloch","date":"December 14, 2017","format":false,"excerpt":"JA Solar has announced output power of its 60-cell solar modules comprised of mono-Si PERC cells has exceeded 325W; reaching 326.67W This result represents a new world record for 60-cell monocrystalline silicon panels stated the company, and was measured and verified by T\u00dcV S\u00dcD. \"Setting a new world record of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JA Solar PERC solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/ja-solar-perc.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/ja-solar-perc.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/ja-solar-perc.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/ja-solar-perc.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10538,"url":"https:\/\/www.solarquotes.com.au\/blog\/ja-solar-hits-1gw-capacity-milestone-india\/","url_meta":{"origin":44692,"position":3},"title":"JA Solar Hits 1GW Capacity Milestone In India","author":"Michael Bloch","date":"April 19, 2017","format":false,"excerpt":"Chinese solar panel manufacturing giant JA Solar says its cumulative module shipments to India have reached 1 gigawatt; two years after it entered that market. The company states its shipments to India last year represented significant market share in the region and it believes it held a leading share during\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JA Solar module","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/04\/ja-solar-module.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/04\/ja-solar-module.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/04\/ja-solar-module.png?resize=525%2C300 1.5x"},"classes":[]},{"id":92632,"url":"https:\/\/www.solarquotes.com.au\/blog\/ja-solar-anniversary-mb3205\/","url_meta":{"origin":44692,"position":4},"title":"JA Solar Racks Up 20 Years Of PV Manufacturing","author":"Michael Bloch","date":"June 17, 2025","format":false,"excerpt":"China's JA Solar has been a rather quiet achiever compared to some of its flashier competitors. But in 2025 the firm is strutting its stuff, celebrating two decades in the PV manufacturing game. JA Solar was founded in 2005 by Jin Baofang, who reportedly previously worked as an electricity bureau\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"JA Solar cell production","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/ja-solar-panels.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/ja-solar-panels.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/ja-solar-panels.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/ja-solar-panels.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/ja-solar-panels.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":12279,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-tax-australia-mb0073\/","url_meta":{"origin":44692,"position":5},"title":"Australian “Sun Tax” Suggestion Rebellion Begins","author":"Michael Bloch","date":"June 9, 2017","format":false,"excerpt":"A sure-fire way to rile Australian solar power system owners is to mention anything that even remotely resembles a \"sun tax\". The Australian Energy Market Commission (AEMC) just did and the response has been quick. In the AEMC's recently released Distribution Market Model Draft Report, the Commission suggested it may\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar tax in Australia?","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-tax-australia-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-tax-australia-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-tax-australia-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-tax-australia-2.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/44692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=44692"}],"version-history":[{"count":6,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/44692\/revisions"}],"predecessor-version":[{"id":44704,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/44692\/revisions\/44704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/44693"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=44692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=44692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=44692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}