JA SOLAR VIET NAM COMPANY LIMITED

JA SOLAR VIET NAM COMPANY LIMITED (CÔNG TY TNHH JA SOLAR VIỆT NAM) is a one-member limited liability company specializing in the manufacture of silicon bars, silicon sheets, and the assembly of photovoltaic (PV) panels. Established on December 31, 2016, the company is registered with the Bac Giang Province Department of Planning and Investment as a foreign direct investment (FDI) enterprise. With its headquarters located at Lot G, Quang Chau Industrial Park, Quang Chau Ward, Viet Yen Town, Bac Giang Province, Vietnam, JA Solar Vietnam plays a crucial role in Vietnam’s renewable energy sector. The company's Tax ID (TIN) is 2400807049.

Management & Business Operations

JA Solar Vietnam is led by General Director Fan Jing Chao, a Chinese national, who oversees a workforce of 1,500 employees. The company focuses on manufacturing high-quality photovoltaic components that contribute to the growth of sustainable energy solutions. JA Solar Vietnam operates as a wholly-owned subsidiary of JA Solar Investment (Hong Kong) Limited, making it an essential part of the global solar energy supply chain.

Financial Performance & Growth

JA Solar Vietnam has experienced remarkable financial growth, solidifying its position as a leader in the renewable energy sector. As of December 31, 2023, the company reported:

• Total assets of USD 1.2 billion (+38.26% YoY)
• Total sales of USD 1.92 billion (+67.83% YoY)
• Net profit of USD 517.83 million (+285.3% YoY)
• Equity of USD 778.9 million (+214.77% YoY)
• Net worth of USD 778.62 million (+215.2% YoY)

This rapid financial expansion demonstrates the company’s strong market position, growing demand for photovoltaic solutions, and effective Risk Management strategies. The business has maintained consistent investment in research, development, and technological innovation to enhance its solar energy production capabilities.

Ownership & Industry Position

JA Solar Vietnam is 100% owned by JA Solar Investment (Hong Kong) Limited, a leading global player in the photovoltaic industry. This backing provides JA Solar Vietnam with significant financial stability and access to international markets. The company's operations align with the Vietnamese government's push for renewable energy adoption, positioning it as a key contributor to the nation’s clean energy transition.

Business Verification & Market Transparency

While JA Solar Vietnam focuses on solar energy production, Vanguard Business Information (VBI) offers Business Verification Services to support industry players in ensuring compliance, verifying financial health, and mitigating business risks. Private Financial Data analysis by VBI can help investors and partners make informed decisions when engaging with companies like JA Solar Vietnam.

Future Outlook

With its exceptional growth trajectory and commitment to innovation, JA Solar Vietnam is expected to continue expanding its manufacturing capacity and technological advancements. As the demand for renewable energy solutions increases worldwide, the company remains well-positioned to strengthen its global market share and contribute to Vietnam’s sustainable energy goals.