(Source: PRNewswire-FirstCall)
SHANGHAI, Aug. 3 /PRNewswire-FirstCall/ -- JA Solar Holdings Co., Ltd. , a leading manufacturer of high-performance solar products, today announced the election of Ms. Hope Ni, Mr. Jiqing Huang and Mr. Jian Xie to the company's board of directors. The company also announced the re-election of Mr. Baofang Jin, Mr. Samuel Yang, Mr. Bingyan Ren and Mr. Honghua Xu, and the retirement of Mr. Nai-Yu Pai from the board. Mr. Baofang Jin will now become the new CEO and chairman of JA Solar. Mr. Samuel Yang will become vice chairman of the board of directors and will continue to be involved in the day-to-day business at JA Solar, reporting to Chairman Jin. The new directors were elected by the shareholders at the company's 2008 annual meeting held on Aug. 3, 2009 in Shanghai. Ms. Hope Ni, Mr. Honghua Xu and Mr. Jiqing Huang have satisfied the "independence" requirements of the Nasdaq rules and will constitute the company's audit committee, of which Ms. Hope Ni will be the chairman.
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Ms. Hope Ni has served as Chairman of the board of directors for China Fundamental Acquisition Corp. since March 2008. Ms. Ni currently also serves on the boards of KongZhong Corporation and ATA, Inc. Previously, Ni was chief financial officer and director of Comtech Group Inc., a Nasdaq Select Global Market-listed company that she joined in August 2004. She was also vice chairman of the board of directors of Comtech. Prior to that, Ni spent six years as a practicing attorney at Skadden, Arps, Slate, Meagher & Flom LLP in New York and Hong Kong, specializing in corporate finance, including active involvement in the initial public offerings and New York Stock Exchange/Nasdaq listings of a number of major global China-based companies. Earlier in her career, Ni worked at Merrill Lynch's investment banking division in New York. She received her J.D. degree from University of Pennsylvania Law School and her B.S. degree in Applied Economics and Business Management from Cornell University.
Mr. Jiqing Huang has extensive experience in the research and manufacturing of monocrystalline silicon and related products. Mr. Huang currently serves as a committee member at the Academic Committee of Semi-conductive Materials of the Nonferrous Metals Society of China. From 2001 to 2007, Huang served as chief representative of the Beijing representative office of Space Energy Corporation, where he pioneered the introduction of the TDR-80 monocrystalline puller into China and subsequent modifications to improve its efficiency.
