JA Solar (JASO) to Acquire Wafer Producer
ABOUT: Welcome to CRWE Newswire, I’m Yohemy Auerbach. JA Solar Holdings Company Limited - trading with the symbol JASO - reported that it has entered into a definitive agreement to acquire 100% ownership interest in Silver Age Holdings Limited, a British Virgin Islands company that owns 100% of Solar Silicon Valley Electronic Science and Technology Company Limited, a leading producer of solar wafers based in China. Solar Silicon Valley operates a wafer production facility with an annual production capacity of 485MW. Upon completion of the transaction, JA Solar’s internal wafer capacity will be increased to approximately 785MW, ensuring a stable supply of low-cost wafers. As wafer costs constitute a significant part of JA Solar’s total cost of manufacturing solar cells, enhanced internal wafer capacity may allow JA Solar to improve gross margins and benefit from vertical integration. JA Solar is a world-leading manufacturer of high-performance solar power products. The company sells its products to solar manufacturers worldwide, who assemble and integrate solar cells into modules and systems that convert sunlight into electricity for residential, commercial, and utility-scale power generation. For more information about JA Solar Holdings Company Limited, symbol JASO…visit jasolar.com. For CRWE Newswire I am Yohemy Auerbach.rnrn*********************************rnrnTHIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!rnrnDisclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. crwenewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer (Read more at http://www.crwenewswire.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold crwenewswire.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.rnrn
Added on: 02-07-2011 |  Runtime: 1m49s |  Views: 91  |  Comments: 0
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