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JA Solar Module JA Solar Overview Protect the one Earth we all share, for this and future generations. Company Profile Headquarters Shanghai, China (with EU, US & Japan Offices) Founded / IPO May 2005 / February 2007 Business c-Si solar module & cell supplier Shipments 1.69GW in 2011 Attributes World class quality, efficiency, and cost structure Capacity (Annual) 3GW Cell, 2.0 GW Module, 1.0 GW Wafer Ticker Symbol JASO (NASDAQ) Employees ~12,000 2 JA Solar Holdings Co., Ltd. (Module) 2012 Optimized Vertical Integration Model SILICON SILICON WAFERS CELL MODULE SYSTEMS Solar Wafers Solar Cells PV Modules EPC • Low-cost, high-quality • One of the world’s largest • High-quality product with • Partnering with top-tier production manufacturers high-quality BOM developers in China • Recognized for top tech at • Additional channel for • Leading the industry in low cost product distribution • Cooperation with global high-efficiency wafer • High-performance mono- • Working with leading leading IPPs on utility research and multi-crystalline solar brands on OEM modules scale projects cells JA Solar Holdings Co., Ltd. (Module) 2012 JA SOLAR Nationwide Production Plant Lianyungang Wafer Facility 500MW Capacity Yanjiao Wafer Facility 500MW Capacity Ningjin Cell Facility 1200MW Capacity Shanghai Head Quarter Yangzhou Cell Facility Hefei Solar Products Facility 1800MW Capacity Fengxian Module Facility 3GW Capacity (Started from Y11) State-of-the-art PV R&D Center 1500MW Capacity Current Module Capacity 500MW Above data will be valid until Q4, 2012. JA Solar Holdings Co., Ltd. (Module) 2012 Featured Projects Partnership with world leading independent power producers for utility scale PV projects Macy’s, New Jersey, USA Lingwu, Ningxia, China Giuliano, Italy 1.1 MW Project 40 MW Project 20.4 MW Project JA Solar Holdings Co., Ltd. (Module) 2012 Featured Projects NHE, France Watzmannsberg, Germany Chittering, UK 1.48MWp 1.48MWp 11.6MWp Located in Clermont- Type of module: JAP6 225 Type of module: JAP6- Ferrand, France. & JAM6 240. Contractor: S 60/240-245. Type of Project completed in Quadrat Lönnewitz Betriebs installation: Ground Q2, 2012 GmbH mounted JA Solar Holdings Co., Ltd. (Module) 2012 Core Competence—Sustainable Development Innovation Globalization Market Strategy Product Reliability Sustainable Healthy Financial Conditions Development Customer Service Social Responsibility JA Solar Holdings Co., Ltd. (Module) 2012 Innovation Technology Leadership - Average Mass Production JA Solar Holdings Co., Ltd. (Module) 2012 Continuous Innovation – Technology Leadership Mono Series Poly Series Average efficiency > 19% Average efficiency > 17.3% MWT Series Multi. Mono. Extremely Low CTM power loss JA Solar Holdings Co., Ltd. (Module) 2012 JA Module Mono Series Poly Series JAM5(L)-72 /190-210 JAP6-60(3BB) /235-260 JAM6-60 /245-265 JAP6-72(3BB) /280-305 JAM5(L)(BK)-72 /185-205 JAM6(BK)-60/240-260 JAM6-72 /295-310 JA Solar Holdings Co., Ltd. (Module) 2012 Core Competence—Sustainable Development Innovation Globalization Market Strategy Product Reliability Sustainable Healthy Financial Conditions Development Customer Service Social Responsibility JA Solar Holdings Co., Ltd. (Module) 2012 Product Reliability JA Solar signed strategic partnership with TÜV and ETL on quality system Strict Quality Scientific Strict Reliable Management First-class Product Raw Process Delivery Customer PV System Lab Design Material QC QC QC Products QC JA Solar Holdings Co., Ltd. (Module) 2012 Product Reliability Product Certifications Best Warranty 10 year warranty on material and workmanship 25 year linear power output warranty JA Solar Holdings Co., Ltd. (Module) 2012 Product Reliability Special Test Certification & Factory Audit Program TÜV-Rheinland Ammonia Resistance Test Certificate Intertek Salt Fog Spray Test Certificate Pending TÜVNORD Salt Mist Spray Test Certificate Pending Certificate for H2S Acid Test Overall Factory Audit by Third-party PI-Berlin Positive Test Result of Fraunhofer JA Solar Holdings Co., Ltd. (Module) 2012 Core Competence—Sustainable Development Innovation Globalization Market Strategy Product Reliability Sustainable Healthy Financial Conditions Development Customer Service Social Responsibility JA Solar Holdings Co., Ltd. (Module) 2012 Global Customer Service Network JA Solar Holdings Co., Ltd. (Module) 2012 Customer Service Easy Service Access [email protected] Headquarters USA Office JA Solar Holdings Co., Ltd. JA Solar USA. Inc. Address: No.36, Jiang Chang San Road, Address: 2570 North First Street Suite 360, Zhabei, Shanghai 200436, China San Jose CA 95131 Tel : +86 (21) 6095 5888 / 6095 5999 Tel: +1 408 586 0000 Fax: +86 (21) 6095 5858 / 6095 5959 Fax: +1 408 956 9505 Email: [email protected]; [email protected] Email: [email protected] Germany Office Japan Office JA Solar GmbH JAソーラー・ジャパン株式会社 Address: Walter Gropius Str. 17, 80807 地址: 東京都千代田区大手町二丁目６番２号 Munich, Germany 日本ビル６階６１４ Tel: +49 (0) 89 327 2989 0 電話: 03-3242-1288 Fax: +49 (0) 89 327 2989 29 Fax: 03-3242-1289 Email: [email protected] Comprehensive Technical Support Extensive Supply Capability Prompt response and after-sale service 3GWp capacity to serve customers’ volume from professional technical team demand JA Solar Holdings Co., Ltd. (Module) 2012 Core Competence—Sustainable Development Innovation Globalization Market Strategy Product Reliability Sustainable Healthy Financial Conditions Development Customer Service Social Responsibility JA Solar Holdings Co., Ltd. (Module) 2012 Leadership in Global PV Market Share JA Shipment (MW) 2011 Top 12 Solar Cell Manufacturers in the World 1500-1800 Suntech 2219.6 1800 1690 JA Solar 1690 1600 1460 Yingli Green 1604 1400 Trina Solar 1550 1200 Motech 1100 1000 Canadian… 1010 800 Hareon … 940 Sunpower 922 600 509 Gintech 873 400 277 Hanwha… 815 200 132 Neo Solar 800 0 Q-Cells 790 2007 2008 2009 2010 2011 2012E 0 500 1000 1500 2000 2500 Source: Photon International JA Solar Holdings Co., Ltd. (Module) 2012 Globalization Market Strategy Module Shipment 2011 2012E ROW 2% ROW 13% Germany Japan Asia 23% 25% 8% North Italy Europe America China 8% 15% 61% 25% ROE 13% Americas 8% JA Solar Holdings Co., Ltd. (Module) 2012 Customer Base Added substantial numbers of customers over past two years, including Solar-Fabrik, MEMC/ SunEdison, CPIC, JABIL, and China Guodian; as well as new customers in Germany, Italy, France, Korea, Japan, India, and the U.S. JA Solar Holdings Co., Ltd. (Module) 2012 Core Competence—Sustainable Development Innovation Globalization Market Strategy Product Reliability Sustainable Healthy Financial Conditions Development Customer Service Social Responsibility JA Solar Holdings Co., Ltd. (Module) 2012 Stable and Sustainable Financial Conditions Stable and Sustainable Financial Condition The lowest debt ratio among China peers Debt to Asset Ratio 100% 83% 88% 74% 75% 79% 80% #1 67% 68% 69% 56% 59% 60% 60% 40% 20% 0% JA Solar Hanwha Trina GCL Jinko ReneSola Yingli Canadian PeerSuntech A China LDK PeerSolarone E Peer C Peer J Peer F Peer I Peer B PeerSolar D PeerSunergy H Peer G 800% Debt to Equity Ratio 711% 600% 482% 372% 400% 290% 303% #1 205% 216% 224% 200% 125% 142% 151% 0% JA Solar Peer E PeerTrina C PeerGCL J PeerJinko F ReneSolaPeer I PeerYingli B Peer D PeerSuntech A Peer H PeerLDK G Shipment (Module & Cell) (MW) #2 2,500 2,096 1,690 2,000 1,604 1,512 1,500 1,323 844 815 646 1,000 420 500 280 - SuntechPeer A JA Solar PeerYingli B PeerTrina C CanadianPeer D HanwhaPeer E PeerJinko F PeerLDK G PeerChina H ReneSolaPeer I Solar Solarone Sunergy Source:Source: 2011 2011 Company Company Financial Financial Reports Reports JA Solar Holdings Co., Ltd. (Module) 2012 Core Competence—Sustainable Development Innovation Globalization Market Strategy Products Reliability Sustainable Healthy Financial Conditions Development Customer Service Social Responsibility JA Solar Holdings Co., Ltd. (Module) 2012 Social Responsibility JA Solar sponsors Tongji University in its participation in the “Solar Decathlon Europe 2012” Chief Official Sponsor of German Cycling Federation An effect diagram of a Para Eco-House JA Solar Holdings Co., Ltd. (Module) 2012 THANK YOU ! Protect the one Earth we all share, for this and future generations. Headquarters Fengxian Factory JA Solar Holdings Co., Ltd. Shanghai JA Solar Technology Co., Ltd. No.36, Jiang Chang San Road, Zhabei, E6-E8 Plot, Minhang Export Processing Zone, Shanghai 200436, China Feng Xian Shanghai 201401, China Tel: +86 (21) 6095 5888 / 6095 5999 Tel: +86 (21) 3718 1000 / 3718 1111 Fax: +86 (21) 6095 5858 / 6095 5959 Fax: +86 (21) 3718 1234 Email: [email protected]; [email protected] Germany USA JAPAN JA Solar GmbH JA Solar USA. Inc. JAソーラー・ジャパン株式会社 Walter Gropius Str 17, 80807 Munich, Germany Address: 2570 North First Street Suite 360, 地址: 東京都千代田区大手町二丁目６番２号 Tel: +49 (0) 89 327 29890 San Jose CA 95131 日本ビル６階６１４ Fax: +49 (0) 89 327 298929 Tel: +1 408 586 0000 電話:03-3242-1288 Email: [email protected] Fax: +1 408 956 9505 FAX:03-3242-1289 Email: [email protected].
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