Jian Xie Named JA Solar President, Herman Zhao Named CFO

SHANGHAI, China, Dec. 11, 2013 (GLOBE NEWSWIRE) -- JA Solar Holdings Co., Ltd.

("JA Solar" or the "Company"), one of the world's largest manufacturers of high-performance solar power products, today announced changes to its management team, effective January 1, 2014. Mr. Herman Zhao has been appointed the Company's new chief financial officer ("CFO"). Mr. Min Cao, the Company's current CFO, will assume the role of chief strategy officer upon Mr. Zhao's appointment. Concurrently, Mr. Jian Xie, the Company's current chief operating officer ("COO"), will assume broader leadership at the Company as its president, and current chief technology officer Mr. Yong Liu will become the Company's COO. Mr. Herman Zhao previously served as JA Solar's CFO from July 2006 to May 2008. Since then, he has served as CFO at Legend Silicon Corporation, a Silicon Valley-based fabless semiconductor company, and Sky Solar Holdings Co., Ltd., a downstream solar-project developer. Mr. Baofang Jin, executive chairman and CEO of JA Solar, commented, "The depth of managerial talent at JA Solar is one of our key strengths, and we think these changes make the best use of our resources. We are pleased to welcome back Herman as our CFO. We are confident that our management team's