FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
the month of September, 2007
(Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.)
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Form
20-F
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T
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Form
40-F
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(Indicate
by check mark whether the registrant by furnishing the information contained
in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934. )
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Yes
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No
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T
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(If
"Yes" is marked, indicate below the file number assigned to registrant in
connection with Rule 12g3-2(b): 82-__________. )
N/A
JA
Solar Holdings Co., Ltd.
Jinglong
Group Industrial Park
Jinglong
Street
Ningjin,
Hebei Province 055550
The
People’s Republic of China
This
Form 6-K consists of:
An
announcement on extending a wafer supply agreement by JA Solar Holding Co.,
Ltd. (the “Registrant”) with ReneSola and terminating a supply
contract with former PowerLight, made by the Registrant in English on September
14, 2007.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the under-signed,
thereunto duly authorized.
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JA
Solar Holdings Co., Ltd.
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By
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/s/
Huaijin Yang
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Name: Huaijin
Yang
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Title: Chief
Executive Officer
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Date:
September 17, 2007
JA
Solar Extends Wafer Supply Agreement with ReneSola; Terminates Agreement with
Former PowerLight Corporation
Hebei,
China, September 14, 2007– JA Solar Holdings Co., Ltd. (“JA Solar”,
“the Company”) (NASDAQGM: JASO) today announced that it
has extended its
wafer supply agreement with ReneSola
Ltd
(“ReneSola”) (AIM: SOLA). Under
the new agreement, ReneSola will supply an additional 60MW of wafers to
JingAo Solar Co., Ltd. (“JingAo”), the wholly-owned operating subsidiary
of JA Solar,
from 2008 to 2010.
Samuel
Yang, Chief
Executive Officer of JA Solar said, “This latest agreement is
in line with
our growth
plans and continued efforts to meet customer demand. The agreement
builds on our existing
relationship with
ReneSola, and further strengthens our
supply
chain.”
Separately,
JA Solar announced that SunPower Corporation, Systems (“SP Systems”), a
subsidiary of SunPower Corporation (“SunPower”) that was formerly known as
PowerLight Corporation, and JingAo agreed to terminate, effective as of
September 12, 2007, their Contract for the Delivery of Solar Cells (the
“Agreement”), dated January 12, 2007. The Agreement was a three-year
supply contract providing the general terms and conditions pursuant to which
JingAo would supply SP Systems with up to 120 megawatts of silicon solar cells
beginning in 2007. However, the parties have determined that an
unanticipated quality problem with respect to metallurgical grade polysilicon
could not be resolved in the near term. In addition, the Agreement
provided pricing terms through only June 2007 and required the parties to
renegotiate thereafter, but the parties have not reached any further agreement
regarding pricing. Under the Agreement, if the parties do not agree
on pricing terms after June 2007, JingAo is not obligated to sell and SP Systems
is not obligated to purchase additional solar cells. As a result of
the unresolved quality problems with respect to metallurgical grade polysilicon
and unresolved pricing terms, the parties have agreed that it is mutually
beneficial to terminate the Agreement. Termination of this agreement
is not expected to have a material impact on JA Solar’s 2007 or 2008 revenues or
earnings.
About
JA Solar Holdings Co., Ltd.
Based
in Hebei, China, JA Solar Holdings Co., Ltd. is an emerging and fast-growing
manufacturer of high-performance monocrystalline solar cells. The Company sells
its products to solar module manufacturers who assemble and integrate its solar
cells into modules and systems that convert sunlight into electricity. For
more
information, please visit http://www.jasolar.com.
Safe
Harbor Statement
This
press release contains forward-looking statements within the meaning of the
safe
harbor provisions of the Private Securities Litigation Reform Act of 1995.
These
forward-looking statements can be identified by words such as “will,” “may,”
“expect,” “anticipate,” “aim,” “intend,” “plan,” “believe,” “estimate,”
“potential,” “continue,” and other similar statements. Statements other than
statements of historical facts in this announcement are forward-looking
statements, including but not limited to, our expectations regarding the
expansion of our manufacturing capacities, our future business development,
and
our beliefs regarding our production output and production and financial
outlook. These forward-looking statements involve known and unknown risks and
uncertainties and are based on current expectations, assumptions, estimates
and
projections about the Company and the industry. Further information regarding
these and other risks is included in our annual report on Form 20-F and other
documents filed with the Securities and Exchange Commission. The Company
undertakes no obligation to update forward-looking statements, except as may
be
required by law. Although the Company believes that the expectations expressed
in these forward-looking statements are reasonable, it cannot assure you that
its expectations will turn out to be correct, and investors are cautioned that
actual results may differ materially from the anticipated
results.
Contacts:
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Jinlin
Liu
Vice
President
JA
Solar
ir@jasolar.com
+1-514-531-5705
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David
Pasquale
The
Ruth Group
dpasquale@theruthgroup.com
+1-646-536-7006
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