JA Solar Provides Details of a Fire Accident at Its Cell Production Facility in Yangzhou
July 13 2017 - 7:00AM
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 provided details of a
fire accident that occurred at the Company’s cell facility in
Yangzhou, Jiangsu province, China.
The fire broke out at around 1:32 AM Beijing time on July 13,
2017 at Fab 7 of JA Solar’s cell facility in Yangzhou. The
fire was completely put out by firefighters at around 6:00 AM and
there were no casualties or injuries in the incident. The equipment
being affected were the old production lines installed in 2009 and
had been scheduled for replacement within one year. The Company
expects the interruption of the cell production to be minimum.
Based on the Company’s estimates, the incident impacted
approximately 6% of the Company’s total cell production capacity.
JA Solar maintains insurance coverage for all its production
equipment and has started the process to make insurance claims
associated with the incident. The cause of the fire at the Yangzhou
facility remains under investigation.
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of
high-performance solar power products that convert sunlight into
electricity for residential, commercial, and utility-scale power
generation. The Company is one of the world’s largest producers of
solar power products. Its standard and high-efficiency product
offerings are among the most powerful and cost-effective in the
industry. The Company distributes products under its own brand and
also produces on behalf of its clients. The Company shipped 5.2 GW
of solar power products in 2016. JA Solar is headquartered in
Beijing, China, and maintains production facilities in Shanghai,
Hebei, Jiangsu and Anhui provinces in China, as well as Penang,
Malaysia and Hanoi, Vietnam.
For more information, please visit www.jasolar.com.
CONTACT:
The Blueshirt Group
Ralph Fong
Phone: +1 (415) 489-2195
Email: ralph@blueshirtgroup.com
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