BEIJING, April 19, 2023/PRNewswire/ -- JA Solar has once again been ranked in the highest AAA category in PV Tech's PV ModuleTech Bankability Report for Q1 2023, underscoring strong overall strength of the company

PV Tech's report is based on a comprehensive analysis of a manufacturer's performance on metrics including shipments, manufacturing capacity, technology and financial position, with the company scoring highly in each of these areas.

According to its 2022 annual report, JA Solar's total revenue was CNY 72.989 million, up 76.72% from the previous year, with net profit attributable to parent company of CNY 5.533 million, up 171.4 % more than in 2021.

By the end of 2022, the company had been granted 1,260 independently developed patents and is widely recognized as one of the key players in the industry, ranking among the Fortune China 500, China Top 500 Private Enterprises, and Top 500 of global energy startups for a number of years. Between 2014 and 2022, JA Solar was rated as a 'Top Performer' by PVEL, one of the world's leading independent third-party PV testing organizations, no less than seven times.

JA Solar maintains a global strategy with multiple production facilities around the world and 13 overseas sales companies. The company's product sales and service network now extends to 135 countries and regions worldwide.

By the end of 2022, JA Solar's cumulative global shipments reached 128 GW, with overseas shipments accounting for about 60% of the total. The company has continued to strengthen its vertically integrated industrial chain and has formulated a long-term plan to develop production capacity and improve supply chain in major PV markets around the world, thus steadily advancing the global strategy of the company and providing improved services to customers.

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