JA Solar’s ultimate owner and chairman Jin Baofang detained in China

JA Solar’s ultimate owner and chairman Jin Baofang detained. He has been detained by local government officials in Pingdu City, China.

JA Solar said the Pingdu Supervisory Committee had detained its chairman and was under investigation according to the Supervision Law of the People’s Republic of China.

The company said it has no knowledge of the reasons that have led to the event including investigation is any way linked to the company.

Detention of chairman is not expected to have any significant impact on the company’s daily production and operational activities