JA Solar (JASO) 20-F 28 Apr 16 2015 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2015shares
Document and Entity Information
Entity Registrant Name	JA Solar Holdings Co., Ltd.
Entity Central Index Key	1,385,598
Document Type	20-F
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	237,853,602
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	¥ 2,883,294	¥ 2,155,009
Restricted cash	663,518	833,084
Notes receivable	837,711	74,984
Accounts receivable from third party customers, net	2,704,300	2,079,465
Accounts receivable from related party customers, net	168,475	382,276
Inventories	1,660,542	1,886,268
Advances to third party suppliers, net	434,116	277,595
Advances to related party suppliers, net	39,194	60,000
Amount due from related parties	45,654	47,890
Other current assets	448,560	713,763
Deferred tax assets	139,143	90,169
Total current assets	10,024,507	8,600,503
Property, plant and equipment, net	4,365,348	4,166,747
Project assets, net	1,028,615	651,494
Intangible asset, net	12,234	12,728
Deferred tax assets	196,196	148,522
Advances to third party suppliers, net	168,584	441,559
Advances to related party suppliers, net	26,757	10,145
Prepaid land use rights	428,493	438,556
Investment in joint venture and affiliates	55,169	13,524
Total assets	16,305,903	14,483,778
Current liabilities:
Short-term borrowings and current portion of long term borrowings	2,433,357	2,297,533
Accounts payable to third parties	2,027,059	2,439,097
Accounts payable to related parties	362,408	331,202
Tax payables	125,342	79,562
Advances from third party customers	672,845	243,959
Advances from related party customers	19,022
Other payables to third parties	894,273	693,371
Payroll and welfare payables	294,620	234,168
Accrued expenses	267,172	147,294
Amounts due to related parties	7,478	8,115
Derivatives liabilities - warrants	71,237	105,785
Total current liabilities	7,174,813	6,580,086
Accrued warranty costs	380,132	251,740
Other long-term liabilities	372,793	282,684
Long-term borrowings	2,461,017	1,902,400
Total liabilities	¥ 10,388,755	¥ 9,016,910
Commitments and Contingencies
Shareholders' equity :
Ordinary shares(US$0.0001 par value; 500,000,000 shares authorized, 252,301,917 and 237,853,602 shares issued and outstanding as of December 31, 2014 and December 31, 2015, respectively)	¥ 176	¥ 186
Additional paid-in capital	5,649,304	5,638,703
Statutory reserves	553,144	436,807
Accumulated deficit	(358,977)	(726,610)
Accumulated other comprehensive income/(loss)	(23,952)	11,086
Total shareholders' equity attributable to JA Solar Holdings	5,819,695	5,360,172
Noncontrolling interest	97,453	106,696
Total shareholders' equity	5,917,148	5,466,868
Total liabilities and shareholders' equity	¥ 16,305,903	¥ 14,483,778

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED BALANCE SHEETS
Ordinary shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	500,000,000	500,000,000
Ordinary shares, shares issued	237,853,602	252,301,917
Ordinary shares, shares outstanding	237,853,602	252,301,917

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Solar modules	¥ 12,688,843	¥ 9,291,940	¥ 4,388,251
Solar cells and other products	761,931	1,847,456	2,413,645
Electricity generation	64,226
Solar products processing	10,407	156,127	380,893
Total revenues	13,525,407	11,295,523	7,182,789
Cost of revenues
Solar modules	(10,520,727)	(7,843,582)	(3,861,178)
Solar cells and other products	(675,384)	(1,602,597)	(2,270,052)
Electricity generation	(29,736)
Solar products processing	(6,971)	(92,849)	(289,270)
Total cost of revenues	(11,232,818)	(9,539,028)	(6,420,500)
Gross profit	2,292,589	1,756,495	762,289
Selling, general and administrative expenses	(1,246,449)	(954,307)	(765,236)
Research and development expense	(148,548)	(139,683)	(88,306)
Impairment loss on project assets	(32,574)	0
Total operating expenses	(1,427,571)	(1,093,990)	(853,542)
(Loss)/income from operations	865,018	662,505	(91,253)
Change in fair value of derivatives	44,033	84,484	(51,867)
Interest expense	(249,382)	(229,665)	(285,618)
Interest income	25,571	28,213	17,091
Foreign exchange (loss)/gain	31,890	(61,822)	(43,828)
(Loss)/income from equity method investments	6,180	3,211	(2,108)
Other income, net	48,492	33,114	16,064
(Loss)/income before income taxes	771,802	520,040	(441,519)
Income tax benefit/(expense)	(157,332)	(73,390)	15,027
Net (loss)/income	614,470	446,650	(426,492)
Less: (earnings)/loss attributable to the noncontrolling interest	9,243	(22,879)	(2,788)
Net (loss)/income attributable to JA Solar Holdings	623,713	423,771	(429,280)
Less: fair value of warrants in excess of net proceeds of equity offering			(44,396)
Less: allocation of net income to a participating warrant holder	(107,828)	(77,174)
Net (loss)/income attributable to JA Solar's ordinary shareholders	515,885	346,597	(473,676)
Other comprehensive (loss)/income:
Foreign currency translation adjustments, net of tax	(35,038)	4,597	9,507
Other comprehensive income/(loss)	(35,038)	4,597	9,507
Comprehensive (loss)/income	579,432	451,247	(416,985)
Less: comprehensive (income)/loss attributable to the noncontrolling interest	9,243	(22,879)	(2,788)
Comprehensive (loss)/income attributable to JA Solar Holdings	588,675	428,368	(419,773)
Less: fair value of warrants in excess of net proceeds of equity offering			(44,396)
Less: allocation of net income to a participating warrant holder	(107,828)	(77,174)
Comprehensive (loss)/income attributable to JA Solar's ordinary shareholders	¥ 480,847	¥ 351,194	¥ (464,169)
Net (loss)/income per share:
Basic (in CNY per share)	¥ 2.12	¥ 1.43	¥ (2.35)
Diluted (in CNY per share)	¥ 2.12	¥ 1.38	¥ (2.35)
Weighted average number of shares outstanding :
Basic (in shares)	243,506,821	242,192,859	201,317,884
Diluted (in shares)	243,744,921	242,863,084	201,317,884
Net (loss)/income per ADS:
Basic (in dollars per share)	¥ 10.59	¥ 7.17	¥ (11.76)
Diluted (in dollars per share)	¥ 10.58	¥ 6.88	¥ (11.76)
Weighted average number of ADS:
Basic (in shares)	48,701,364	48,438,572	40,263,577
Diluted (in shares)	48,748,984	48,572,617	40,263,577

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - CNY (¥) ¥ in Thousands	JA Solar Holdings Co., Ltd.	Total JA Solar Holdings shareholders' equity	Ordinary shares.	Additional paid-in capital	Statutory reserves	Accumulated deficit	Accumulated other comprehensive Income/(loss)	Non-controlling interest	Total
Balance at Dec. 31, 2012		¥ 4,892,824	¥ 153	¥ 5,135,587	¥ 416,647	¥ (656,545)	¥ (3,018)
Balance at Dec. 31, 2012									¥ 4,892,824
Balance (in shares) at Dec. 31, 2012			199,863,607
Increase (Decrease) in Shareholders' Equity
Share based compensation		9,401		9,401					9,401
Vesting of restricted share units		3,389		3,389					3,389
Vesting of restricted share units (in shares)			401,750
Repurchase and retirement of ADS (in shares)			1,281,890
Reversal of statutory reserves					(6,497)	6,497
Acquisition of a subsidiary(Note 3)								¥ 81,029	81,029
Issuance of ordinary shares, net of warrants issuance (Note 22)		9	¥ 9						9
Issuance of ordinary shares, net of warrants issuance (Note 22) (in shares)			15,228,425
Exercise of warrants (Note 22)		178,808	¥ 8	178,800					178,808
Exercise of warrants (Note 22) (in shares)			10,724,165
Fair value of warrants in excess of net proceeds of equity offering (Note 22)		(44,396)				(44,396)			(44,396)
Net (loss) / income	¥ (429,280)	(429,280)				(429,280)		2,788	(426,492)
Other comprehensive income for foreign currency translation adjustment		9,507					9,507		9,507
Balance at Dec. 31, 2013		4,620,262	¥ 170	5,327,177	410,150	(1,123,724)	6,489	83,817
Balance at Dec. 31, 2013									4,704,079
Balance (in shares) at Dec. 31, 2013			227,499,837
Increase (Decrease) in Shareholders' Equity
Share based compensation		16,281		16,281					16,281
Vesting of restricted share units (in shares)			85,000
Exercise of stock options		2,171		2,171					2,171
Exercise of stock options (in shares)			268,750
Reversal of statutory reserves					26,657	(26,657)
Exercise of warrants (Note 22)		293,090	¥ 16	293,074					293,090
Exercise of warrants (Note 22) (in shares)			24,448,330
Net (loss) / income	423,771	423,771				423,771		22,879	446,650
Other comprehensive income for foreign currency translation adjustment		4,597					4,597		4,597
Balance at Dec. 31, 2014	¥ 5,360,172	5,360,172	¥ 186	5,638,703	436,807	(726,610)	11,086	106,696	5,360,172
Balance at Dec. 31, 2014									¥ 5,466,868
Balance (in shares) at Dec. 31, 2014	252,301,917		252,301,917						252,301,917
Increase (Decrease) in Shareholders' Equity
Share based compensation		9,405		9,405					¥ 9,405
Vesting of restricted share units (in shares)			267,500
Exercise of stock options		1,196		1,196					1,196
Exercise of stock options (in shares)			140,000
Reversal of statutory reserves					116,337	(116,337)
Exercise of warrants (Note 22)		(139,753)	¥ (10)			(139,743)			(139,753)
Exercise of warrants (Note 22) (in shares)			(14,855,815)
Fair value of warrants in excess of net proceeds of equity offering (Note 22)									(44,396)
Net (loss) / income	¥ 623,713	623,713				623,713		(9,243)	614,470
Other comprehensive income for foreign currency translation adjustment		(35,038)					(35,038)		(35,038)
Balance at Dec. 31, 2015	¥ 5,819,695	¥ 5,819,695	¥ 176	¥ 5,649,304	¥ 553,144	¥ (358,977)	¥ (23,952)	¥ 97,453	5,819,695
Balance at Dec. 31, 2015									¥ 5,917,148
Balance (in shares) at Dec. 31, 2015	237,853,602		237,853,602						237,853,602

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)
Cash flows from operating activities:
Net (loss) / income	¥ 614,470	¥ 446,650	¥ (426,492)
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:
Share based compensation	9,405	16,281	9,401
Depreciation and amortization	797,671	685,345	595,792
Allowance for doubtful accounts	(4,746)	15,383	91,016
Write off of other current asset	19,078
Inventory provision	6,905	15,073	119,936
Allowance for advance to third party suppliers	1,045	56,980	10,392
Amortization of deferred issuance cost and accretion of convertible notes			35,030
Change in fair value of derivatives	(44,033)	(84,484)	51,867
Gain on acquisition of a subsidiary		(4,628)
Loss/(income) from equity method investments	(2,147)	441	2,108
Revaluation gain from acquisition of a subsidiary		(3,652)
Exchange gain	(11,274)	(850)	(261)
(Gain)/loss from disposal of fixed assets	21,182	16,831	(950)
Impairment loss on project assets	32,574	0
Deferred income taxes	(96,648)	(116,232)	(28,489)
Changes in operating assets and liabilities:
(Increase)/decrease in notes receivables	(762,727)	132,240	(58,263)
Decrease/(increase) in accounts receivables from third party customers	(659,587)	(1,346,434)	847,518
(Increase)/decrease in accounts receivables from related party customers	213,801	(86,579)	(196,481)
(Increase)/decrease in inventories	218,821	(551,171)	(500,761)
Decrease in advance to third party suppliers	115,409	265,094	175,581
(Increase)/decrease in advance to related party suppliers	4,194	43,458	(2,586)
Decrease /(increase) in other current assets and amount due from related parties	257,846	(167,030)	256,591
Increase in prepaid land use rights			(225,410)
Increase/(decrease) in accounts payable	(380,832)	887,668	598,716
(Decrease)/increase in tax payable	45,780	81,723	(80,819)
Increase in advance from customers	447,908	41,236	125,848
Increase in other payables	132,153	105,044	90,385
Increase in payroll and welfare payables	60,452	31,499	7,363
(Decrease)/increase in accrued expenses	119,878	(18,669)	(60,821)
Decrease in interest payable			(4,123)
(Decrease)/increase in amounts due to related parties	(637)	4,301	(6,019)
Increase in accrued warranty costs	128,392	92,843	44,671
Decrease in other long-term liabilities	(26,788)	(32,192)	(6,063)
Net cash provided by operating activities	1,257,545	526,169	1,464,677
Cash flows from investing activities:
Purchase of property, plant and equipment	(891,925)	(649,624)	(381,657)
Proceeds from disposal of property, plant and equipment	3,576	6,420	3,668
Purchase of intangible assets	(1,818)	(945)	(5,561)
Investments in project assets	(382,817)	(473,663)	(8,405)
Government grants received	230	45,300	126,900
Proceeds from disposal of a subsidiary		(3,038)
Cash paid for acquisition of a subsidiary, net of cash acquired		(38,945)	45,109
Cash paid for purchase of an equity investee		(13,600)
Decrease/(increase) in restricted cash	169,566	(244,671)	(394,034)
Net cash used in investing activities	(1,103,188)	(1,372,766)	(613,980)
Cash flows from financing activities:
Proceeds from short-term borrowings	2,969,303	2,913,292	1,534,339
Proceeds from long-term borrowings	797,017	1,810,400
Proceeds from financing lease	41,808
Proceeds from exercise of stock options	1,196	2,171	3,389
Proceeds from issuance of ordinary shares			128,529
Proceeds from issuance of ordinary shares upon exercise of warrants		286,747	143,107
Repayment of short-term borrowings	(3,084,106)	(1,758,307)	(1,411,716)
Repurchase of shares	139,753
Repayment of long-term borrowings	(22,000)	(2,377,034)	(1,429,547)
Repayment of convertible notes			(740,027)
Net cash provided by/(used in) financing activities	563,465	877,269	(1,771,926)
Effect of exchange rate changes on cash and cash equivalents	10,463	4,597	9,507
Net increase/(decrease) in cash and cash equivalents	728,285	35,269	(911,722)
Cash and cash equivalents at the beginning of the year	2,155,009	2,119,740	3,031,462
Cash and cash equivalents at the end of the year	2,883,294	2,155,009	2,119,740
Supplemental disclosure of cash flow information:
Cash paid for interest (net of amounts capitalized)	224,237	290,026	300,282
Cash paid for income tax	160,526	121,088	84,377
Supplemental schedule of non-cash investing and financing activities:
Purchases of property, plant and equipment included in other payables and long-term liabilities	286,114	195,069	221,232
Purchases of project assets included in other payables	187,230	¥ 134,667
Swap accounts receivable from third party customers for equity method investment	¥ 39,498
Project assets transferred from inventories			¥ 39,341

ORGANIZATION AND PRINCIPAL ACTI

ORGANIZATION AND PRINCIPAL ACTIVITIES	12 Months Ended
	Dec. 31, 2015
ORGANIZATION AND PRINCIPAL ACTIVITIES
ORGANIZATION AND PRINCIPAL ACTIVITIES	1. ORGANIZATION AND PRINCIPAL ACTIVITIES The accompanying consolidated financial statements include the financial statements of JA Solar Holdings Co., Ltd. (the “Company”), and its subsidiaries, collectively referred to as the “Group”. JA Solar Holdings Co., Ltd. was incorporated in the Cayman Islands on July 6, 2006. In February 2007, the Company’s ADS became listed on the NASDAQ Global Market in the United States. The Group is primarily engaged in the development, production and marketing of high-performance solar power products, and sales of electricity produced by the solar power plants. In November 2011, the Company completed the acquisition of 100% equity interest of Silver Age Holdings Limited (“Silver Age”), of which Full Shine Holdings Limited (“Full Shine”) and Solar Silicon Valley Electronic Science and Technology Co., Ltd. (“Solar Silicon Valley”) are 100% owned subsidiaries. Thereafter, Silver Age, Full Shine and Solar Silicon Valley became wholly owned subsidiaries of the Company. In January 2013, the Company completed the acquisition of 65% equity interest of Hebei Ningjin Songgong Semiconductor Co., Ltd. (“Ningjin Songgong”). In March 2011, the Company entered into a joint venture agreement with MEMC Singapore to form a jointly-owned company named JA MEMC (Yangzhou) Solar Technology Company Ltd. (“JA MEMC”). In June 2014, the Company completed the acquisition of 50% of JA MEMC’s total equity interests held by MEMC Singapore. Thereafter, JA MEMC became wholly owned subsidiary of the Company. Subsequently, JA MEMC’s assets were transferred to JA Yangzhou and JA MEMC was dissolved in December 2014. Majority of the Group’s business is conducted through the operating subsidiaries established in the PRC, JingAo Solar Co., Ltd. (“JA Hebei”), JA Solar Technology Yangzhou Co., Ltd. (“JA Yangzhou”), Shanghai JA Solar Technology Co., Ltd. (“JA Fengxian”), Hefei JA Solar Technology Co., Ltd. (“JA Hefei Technology”), Solar Silicon Valley Electronic Science and Technology Co., Ltd. (“Solar Silicon Valley”), Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. (“JA Lianyungang”), and Dunhuang JA Solar Power Development Co., Ltd. (“JA Dunhuang”), in which the Company indirectly holds a 100% interest. As of December 31, 2015, the Company’s principal subsidiaries include the following entities: Date of Incorporation/Acquisition Place of Incorporation Percentage of Ownership JingAo Solar Co., Ltd. (“JA Hebei”) May 18, 2005 PRC % JA Development Co., Ltd. (“JA BVI”) July 6, 2006 BVI % Shanghai JA Solar Technology Co., Ltd. (“JA Fengxian”) November 16, 2006 PRC % JA Solar USA Inc. (“JA USA”) April 13, 2007 USA % Shanghai JA Solar PV Technology Co., Ltd. (“JA Zhabei”) June 22, 2007 PRC % JA Solar Technology Yangzhou Co., Ltd. (“JA Yangzhou”) November 19, 2007 PRC % JA Solar Hong Kong Limited (“JA Hong Kong”) December 10, 2007 Hong Kong % Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. (“JA Lianyungang”) October 11, 2008 PRC % JA Yangzhou PV Technology Co., Ltd. (“JA Yangzhou PV”) November 23, 2009 PRC % JA Solar GmbH (“JA GmbH”) February 17, 2010 Germany % As of December 31, 2015, the Company’s principal subsidiaries include the following entities (continued): Date of Incorporation/Acquisition Place of Incorporation Percentage of Ownership Shanghai Jinglong Solar Technology Co., Ltd. (“JA Jinglong”) July 5, 2010 PRC % Donghai JA Solar Technology Co., Ltd. (“JA Wafer R&D”) November 4, 2010 PRC % JA (Hefei) Renewable Energy Co., Ltd. (“JA Hefei Renewable Energy”) March 30, 2011 PRC % Hefei JA Solar Technology Co., Ltd. (“JA Hefei Technology”) July 8, 2011 PRC % JA Solar Investment China Co., Ltd (“JA Investment”) October 31, 2011 PRC % Silver Age Holdings Limited (“Silver Age”) November 30, 2011 BVI % Full Shine Holdings Limited (“Full Shine”) November 30, 2011 Hong Kong % Solar Silicon Valley Electronic Science and Technology Co., Ltd. (“Solar Silicon Valley”) November 30, 2011 PRC % JA Solar Japan Limited (“JA Japan”) July 12, 2012 Japan % Dunhuang JA Solar Power Development Co., Ltd (“JA Dunhuang”) July 23, 2012 PRC % Hebei Ningjin Songgong Semiconductor Co., Ltd. (“Ningjin Songgong”) January 29, 2013 PRC % JA Solar Investment (Hong Kong) Limited May 16, 2013 Hong Kong % JA Solar Australia PTY Limited June 12, 2013 Australia % JA Solar PV Technology Co., LTD January 13, 2014 PRC % JA Solar PV Electric (Shexian) Co,. Ltd March 10, 2014 PRC % Aiyouen Power Electric (Yinchuan) Co,. Ltd March 25, 2014 PRC % Beijing JA Solar PV Technology Co., Ltd. April 14, 2014 PRC % JA Solar PV Electric (Huanghua) Co,. Ltd July 1, 2014 PRC % JA Solar South Africa (PTY) Limited July 5, 2014 South Africa % JA Solar PV Electric (Yanchi) Co,. Ltd July 17, 2014 PRC % JA New Energy Development (Hebei) Co., Ltd. August 25, 2014 PRC % JA Solar PV Electric (Chifeng) Co,. Ltd October 20, 2014 PRC % JA Solar PV Electric (Wulanchabu) Co,. Ltd November 12, 2014 PRC % JA Solar Malaysia Sdn. Bhd. December 10, 2014 Malaysia % Jingneng New Energy Development (Renxian) Co., Ltd. March 23, 2015 PRC % Jingneng New Energy Development (Lincheng) Co., Ltd. (“Lincheng Jingneng”) April 20, 2015 PRC % JA Solar PV Electric (Jarud) Co., Ltd. May 5, 2015 PRC % JA Solar Technology (Karamay) Co., Ltd.” May 11, 2015 PRC % JA Solar (Xingtai) Co., Ltd. July 13, 2015 PRC % JA Solar PV Electric Hoboksar) Co., Ltd. July 27, 2015 PRC %

Summary of significant accounti

Summary of significant accounting policies	12 Months Ended
	Dec. 31, 2015
Summary of significant accounting policies
Summary of significant accounting policies	2. Summary of significant accounting policies a) Basis of presentation and consolidation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The consolidated financial statements include the financial statements of the Company and its subsidiaries. For consolidated subsidiaries where the Company’s ownership in the subsidiary is less than 100%, the equity interest not held by the Company is presented as non-controlling interest. All inter-company transactions and balances among the Company and its subsidiaries have been eliminated upon consolidation. b) Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The Company bases its estimates on historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Significant accounting estimates reflected in the Company’s consolidated financial statements include allowance for doubtful accounts and advances to suppliers, valuation of inventories, derivative and other financial instruments, useful lives of long-lived assets, assumptions used to measure impairment of long-lived assets and equity method investment, determination of fair value of identifiable assets and liabilities acquired through business combination, accrual for warranty and other liabilities, provision for uncertain tax positions and deferred tax valuation allowances, loss contingency, provision for inventory purchase commitment and assumptions used in the computation of share-based compensation, including the associated forfeiture rates. c) Fair value of financial instruments The Company estimated the fair value of its financial assets and liabilities in accordance with ASC 820, Fair Value Measurements and Disclosure . ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (also referred to as an exit price). ASC 820 establishes a hierarchy for inputs used in measuring fair value that gives the highest priority to observable inputs and the lowest priority to unobservable inputs. Valuation techniques used to measure fair value shall maximize the use of observable inputs. When available, the Company measures the fair value of financial instruments based on quoted market prices in active markets, valuation techniques that use observable market-based inputs or unobservable inputs that are corroborated by market data. Pricing information the Company obtains from third parties is internally validated for reasonableness prior to use in the consolidated financial statements. When observable market prices are not readily available, the Company generally estimates the fair value using valuation techniques that rely on alternate market data or inputs that are generally less readily observable from objective sources and are estimated based on pertinent information available at the time of the applicable reporting periods. In certain cases, fair values are not subject to precise quantification or verification and may fluctuate as economic and market factors vary and the Company’s evaluation of those factors changes. Although the Company uses its best judgment in estimating the fair value of these financial instruments, there are inherent limitations in any estimation technique. In these cases, a minor change in an assumption could result in a significant change in its estimate of fair value, thereby increasing or decreasing the amounts of the Company’s consolidated assets, liabilities, shareholders’ equity and net income or loss. d) Cash, cash equivalents and restricted cash The Group considers all cash on hand and demand deposits as cash and considers all highly liquid investments with an original maturity of three months or less as cash equivalents. Restricted cash as of December 31, 2014 and 2015 represents amounts held by banks, which are not available for the Group’s use, as collateral for issuance of letters of credit, letters of guarantee, bank acceptance notes as well as certain borrowings. e) Investments Investments in entities where the Group does not have a controlling financial interest, but have the ability to exercise significant influence over the operating and financial policies of the investee, are accounted for using the equity method of accounting. Investment in a joint venture or an affiliate is accounted for by the equity method of accounting as the Group has the ability to exercise significant influence but does not own a majority equity interest. Under the equity method of accounting, the Group’s share of the investee’s results of operations is included in equity gain/(loss) for the investee in the Group’s Consolidated Statements of Operations and Comprehensive (Loss)/Income. Unrealized gains on transactions between the Company and the joint venture or affiliate are eliminated to the extent of the Group’s interest in the joint venture or affiliate, if any; unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred. When the Group’s share of losses in the joint venture or affiliate equals or exceeds its interest in the joint venture or affiliate, the Group does not recognize further losses, unless the Group has incurred obligations or made payments on behalf of the joint venture or affiliate. f) Account receivables and allowance for doubtful accounts Provisions are made against accounts receivable for estimated losses resulting from the inability of the Group’s customers to make payments. The Group periodically assesses accounts receivable balances to determine whether an allowance for doubtful accounts should be made based upon historical bad debts, specific customer creditworthiness and current economic trends. Accounts receivables in the balance sheets are stated net of such provision. The Group assesses the credit line and credit term for each customer, taking into consideration the credit worthiness of such customer, the payment history of such customer and macro-economic conditions of the regional market. The Group signs the sales contract and executes the transaction with the customer after sufficient credit assessment. After the sales are made, the Group closely monitors the collectability of receivables on an on-going basis for any subsequent changes in the customers’ financial position and credit rating, and any relevant circumstances which may impact collectability of the receivables. The Group generally will not enter into further transactions with any customers with significant overdue balances. g) Inventories Inventories are stated at the lower of cost or market value. Cost of inventories is determined by the weighted-average method. Cost of work-in-progress and finished goods are comprised of direct materials, direct labor and related manufacturing overhead based on normal operating capacity. Adjustments are recorded to write down the carrying amount of any obsolete and excess inventory to its estimated net realizable value. Certain factors could impact the realizable value of inventory, so the Group continually evaluates the recoverability based on assumptions about customer demand and market conditions. The evaluation may take into consideration historical usage, expected demand, anticipated sales price, new product development schedules, the effect new products might have on the sale of existing products, product obsolescence, customer concentrations, and other factors. The write-down is equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions. If actual market conditions are less favorable than those projected by management, additional inventory write-downs may be required that could negatively impact the Group’s gross margin and operating results. If actual market conditions are more favorable, the Group may have higher gross margin when products that have been previously written down are eventually sold. The Company assesses whether losses should be accrued on long-term inventory purchase commitments in accordance with ASC 330-10-35-17 to 18, which requires that losses that are expected to arise from those firm, non-cancellable, and unhedged commitments for the future purchase of inventory items, measured in the same way as inventory losses, should be recognized unless recoverable through firm sales contacts or when there are other circumstances that reasonably assure continuing sales without price decline. Under the long-term supply contracts (“LTAs”) between the Company and certain suppliers, polysilicon and silicon wafer purchase would be made pursuant to the purchase prices and quantities set forth in the relevant LTAs. As a result of the significant declines in the market prices of polysilicon and silicon wafer due to the significant downturn in the solar industry in recent years, the purchase prices set forth in certain LTAs exceeded market prices. At the end of each reporting period, the Company separately assesses the potential losses on those firm inventory purchases for each supplier. When making the assessment, the Company considers whether it is able to renegotiate with its suppliers and get positive outcome by taking into account various considerations, such as stated contract price, purchase price reduction, overall amendment to LTA to eliminate fixed price arrangement, its ability to obtain concessions (i.e., reduced purchase prices and/or additional quantities at no cost) so that the actual purchase prices are less than the stated contract prices or close to the market price at the time of purchase, historical outcome of the renegotiation with the same supplier, contract period, the minimum purchase quantity, tax costs involved in the import or export of raw materials and products, status of a particular LTA at the time of assessment, and other circumstances and uncertainties that may impact such assessment. If it is determined that a loss provision calculation is necessary considering the status of a LTA and all facts and circumstances impacting the evaluation, the Company follows the guidance of ASC 330-10-35-17 and assesses whether there should be loss on the firm purchase commitments by applying a methodology similar to that used in the lower of cost or market evaluation with respect to inventory. In assessing the potential loss provision, the Company uses the stated contract price and volume under the relevant LTA as the major assumptions. Loss provision will be provided if the net realizable value after considering estimated costs to convert those polysilicon into saleable finished goods is higher than market selling price of finished goods as of the end of a reporting period There was no loss provision recorded related to these long-term contracts in the years ended December 31, 2013, 2014 and 2015. (Refer to Note 7 Inventories) h) Short-term and long-term advances to suppliers The Group provides short-term and long-term advances to secure its raw material needs, which are then offset against future purchases. The Group does not require collateral or other security against its advances to related or third party suppliers. The Group continually assesses the credit quality of its suppliers and the factors that affect the credit risk. If there is deterioration in the creditworthiness of its suppliers, the Group will seek to recover its advances from the suppliers and provide for losses on advances which are akin to receivables in selling, general and administrative expenses because of their inability to return its advances. Recoveries of the allowance for advances to supplier are recognized when they are received. The Group classified short-term and long-term advances to suppliers based on management’s best estimate of the expected purchase in the next twelve-months as of the balance sheet date and the Group’s ability to make requisite purchases under existing supply contracts. The balances expected to be utilized outside of the twelve months are recorded in long-term advances to suppliers. i) Prepaid land use rights Land use rights are carried at cost less accumulated amortization and impairment losses, if any. Amortization is provided on a straight-line basis over the lease period of 40 or 50 years. j) Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis over the following estimated useful lives: Buildings 20 years Leasehold improvements Shorter of the lease term or their estimated useful lives Machinery and equipment 5-15 years Furniture and fixtures 5 years Motor vehicles 5 years Construction in progress primarily represents the construction of new production lines and buildings. Costs incurred in the construction are capitalized and transferred to property, plant and equipment when an asset is ready for its intended use, at which time depreciation commences. Interest expense incurred for qualifying assets are capitalized in accordance with ASC 835-20, Capitalization of Interest . Expenditures for repairs and maintenance are expensed as incurred. The gain or loss on disposal of property, plant and equipment, if any, is the difference between the net sales proceeds and the carrying amount of the disposed assets, and is recognized in the Consolidated Statements of Operations and Comprehensive (Loss)/Income upon disposal. k) Leases Leases where substantially all the rewards and risks of ownership of assets remain with the leasing company are accounted for as operating leases. Other leases are accounted for as capital leases. Payments made under operating leases, net of any incentives received by the Company from the leasing company, are charged to the Consolidated Statements of Operations and Comprehensive (Loss)/Income on a straight-line basis over the lease periods. Leases that qualify as capital leases are recorded at the lower of the fair value of the asset or the present value of the future minimum lease payments over the lease term generally using the Company’s incremental borrowing rate. Assets leased under capital leases are included in property, plant and equipment and generally are depreciated over the lease term. Lease payments under capital leases are recognized as a reduction of the capital lease obligation and interest expense. l) Business combination Business combinations are accounted for under the acquisition method in accordance with ASC 805, Business Combinations. The consideration transferred is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. The costs directly attributable to the acquisition are expensed as incurred. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of the (i) the fair value of consideration transferred , fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the fair value of consideration transferred, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquire is less than the fair value of the net assets of the entity acquired, the difference, a bargain purchase, is recognized as a gain directly in the Statements of Operations and Comprehensive (Loss)/Income upon obtaining control. In a business combination achieved in stages, the acquirer shall remeasure its previously held equity interest in the acquiree at its acquisition-date fair value and recognize the resulting gain or loss, if any, in earnings. The determination and allocation of fair values to the identifiable assets acquired and liabilities assumed, including non-controlling interests if applicable, is based on various assumptions and valuation methodologies requiring considerable management judgment. The most significant variables in these valuations are discount rates, terminal values, the number of years on which to base the cash flow projections, as well as the assumptions and estimates used to determine the cash inflows and outflows. Management determines discount rates to be used based on the risk inherent in the related activity’s current business model and industry comparisons. Terminal values are based on the expected life of assets and forecasted life cycle and forecasted cash flows over that period. Although management believes that the assumptions applied in the determination are reasonable based on information available at the date of acquisition, actual results may differ from the forecasted amounts and the difference could be material. m) Intangible asset, net Intangible assets primarily represent technical know-how, purchased accounting and operational software, and customer relationships acquired through business combinations. Technical know-how, contributed by one of the Group’s shareholders upon formation of JA Hebei, is carried at cost, less accumulated amortization. The technical know-how consists of one component relating to the commercial production process of photovoltaic solar cells. Amortization is calculated on a straight-line basis over the estimated useful life of eight years. Intangible assets acquired through business combinations are recognized as assets separate from goodwill if they satisfy either the “contractual-legal” or “separability” criterion. Customer relationship is recorded at fair value at the acquisition date less accumulated amortization. Amortization is calculated on a straight-line basis over the estimated useful life of five years. Purchased software and others with a finite useful life is being amortized on a straight line basis over its estimated useful life of three to ten years. n) Impairment of long-lived assets The Group evaluates its long-lived assets and finite-lived intangible asset for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Factors considered important that could result in an impairment review include significant underperformance relative to expected historical or projected future operating results, significant changes in the manner of use of acquired assets and significant negative industry or economic trends. Impairments are recognized based on the difference between the fair value of the asset and its carrying value in the event that the carrying amount exceeds the estimated future undiscounted cash flow attributed to such assets. Fair value is generally measured based on either quoted market prices, if available, or discounted cash flow analyses. Additionally, determining fair values requires probability weighting the cash flows to reflect expectations about possible variations in their amounts or timing and the selection of an appropriate discount rate. Although cash flow estimates are based on relevant information available at the time the estimates are made, estimates of future cash flows are, by nature, highly uncertain and may vary significantly from actual results. Any write-downs would be treated as permanent reductions in the carrying amounts of the assets and an operating loss would be recognized. o) Income taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax assets bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided to reduce the carrying amount of deferred tax assets if it is considered more likely than not that some portion, or all, of the deferred tax assets will not be realized. Uncertain tax position is accounted for in accordance with ASC 740-10-25, which clarifies the accounting for uncertain tax positions and requires that the Company recognizes in the consolidated financial statements the impact of an uncertain tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company’s accounting policy is to accrue interest and penalties related to uncertain tax positions, if and when required, as interest expense and a component of general and administrative expenses, respectively, in the Consolidated Statements of Operations and Comprehensive (Loss)/Income. In the years ended December 31, 2013, 2014 and 2015, the Group did not record any interest and penalties associated with uncertain tax positions as there were no uncertain tax positions. p) Revenue recognition (i) Revenue recognition for solar modules, solar cells and other products (hereafter “solar products”) The Group recognizes revenue from the sale of solar products when the goods are delivered and title and risk of loss transfer is passed to the customers. The Group sells its solar products at agreed upon prices to its customers, which reflect prevailing market prices. The Group’s considerations for recognizing revenue are based on the following: · Persuasive evidence that an arrangement (sales contract) exists between a willing customer and the Group that outlines the terms of the sale (including customer information, product specification, quantity of goods, purchase price and payment terms). Customers do not have a right of return. The Group does provide a warranty on its solar module products. · For EX Works (“EXW”) terms, which mean that a seller has the goods ready for collection at its premises (works, factory, warehouse, plant), the contract specifies that the risks are assumed by the customer when the customer picks up the goods from the Company’s warehouse, at which time revenue is recognized. For FOB shipping point terms, the contract specifies that the customer takes title to the goods and is responsible for all risks and rewards of ownership once products are over shipping rail at the named loading port from the Company’s premises, at which time revenue is recognized. For CIF terms, the Company pays the costs of insurance and freight necessary to bring the goods to the named port of destination, but the title to and risk/rewards of ownership of the goods is passed to the buyer according to each of the contract term, which is defined in each contract. For Delivered Duty Paid (“DDP”) terms, the Company pays the costs of insurance and freight necessary to bring the goods to the named port of destination as well as the import duty, and the title to and risk/rewards of ownership of the goods is passed to the buyer once the goods are delivered and the import duty is paid. The point of delivery could be at the port of shipping, or it could also be when the goods arrive at the named port of destination. When title to the goods transfers at the port of shipping, the beneficiary of the insurance is the buyer and the Company has no obligations to the buyer if goods are damaged during shipping. Revenue is therefore, recognized when the title to and risk/rewards of ownership of the goods is passed to the buyer which is at port of shipping or port of destination, depending on the terms of the contract. · The Group’s price to the customer is fixed and determinable as specifically outlined in the sales contract. · For customers to whom credit terms are extended, the Group assesses a number of factors to determine whether collection from the customers is reasonably assured, including past transaction history with these customers and their credit-worthiness. All credit extended to customers is pre-approved by management. If the Group determines that collection is not reasonably assured, including cases where the customers retain a portion of the full contract price as retainage after a specific period, it defers the recognition of revenue until such criterion is met, which is generally upon receipt of payment. (ii) Revenue recognition for solar products processing The Group provides solar products processing services to customers with their own wafer/polysilicon supplies. Under certain of these solar products processing service arrangements, the Group purchases raw materials from a customer and agrees to sell a specified quantity of solar products produced from such materials back to the same customer. The Group records revenue from these processing transactions on a net basis, recording revenue based on the amount received for solar products sold less the amount paid for the raw materials purchased from the customer. (iii) Revenue recognition for electricity generation The Group recognizes electricity generation revenue when persuasive evidence of a power purchase arrangement with the power grid company exists, electricity has been generated and transmitted to the grid and the electricity generation records are reconciled with the grid companies, the price of electricity is fixed or determinable and the collectability of the resulting receivable is reasonably assured. The price of electricity includes a portion that is subsidized by the Chinese central government. Subsidized portion of electricity generation revenue is recognized after the Company meets the subsidy criterion, which includes electricity sales agreement with state grid, electricity generation and government approval of the Company’s application of the subsidy. q) Cost of revenue Cost of revenue — solar products Cost of revenue for solar products includes production related direct labor, direct material cost , depreciation and amortization, indirect costs, shipping (freight in) and handling costs for products sold, inventory obsolescence and lower of cost or market charge, capacity underutilization charges and warranty cost. . Cost of revenue - solar products processing Cost of revenue for solar products processing includes direct labor, depreciation and amortization, indirect costs, and shipping and handling costs. Cost of revenue — electricity generation Cost of electricity generation revenue includes depreciation of solar power project assets and costs associated with operation and maintenance of the power plants came into use. r) Project assets Project assets consist primarily of direct costs relating to solar power projects in various stages of development. A project asset is initially recorded at the actual cost. For a self-developed project asset that is initially obtained by application of feed-in-tariff (“FIT”) contract and other required permits, consents, the actual cost capitalized is the amount of the expenditure incurred for the application of those contracts, permits, consents, material and labor costs, capitalized interest and other similar direct costs. For a project asset acquired from external parties, the initial cost is the acquisition cost which includes the consideration transferred and certain direct acquisition cost. Modules cost, equipment cost and development and others incurred in the project development process will build up the cost of project assets. As of December 31, As of December 31, 2014 2015 RMB RMB Project assets completed and connected to the grid Power station cost — Less: Accumulated depreciation — ) Subtotal — Project assets in-process Modules cost Equipment, development and other cost Subtotal Project assets, net The Company reviews project assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. In determining whether or not the project assets are recoverable, the Company considers a number of factors, including changes in environmental, ecological, permitting, marketing price or regulatory conditions that affect the project. Such changes may cause the cost of the project to increase or the selling price of the project to decrease. As of December 31, 2015, the Company impaired project assets with the amount of RMB 32,574 as a result of the Company’s decision to suspend the construction of these projects. No impairment of the project assets was recorded as of December 31, 2014. Costs capitalized in the construction of solar power plants under development will be transferred to solar power plants upon completion and when they are ready for its intended use, which is at the point when the solar power plant is connected to grids and begins to generate electricity. Depreciation of the completed solar power plant commences once the solar power plant is ready for its intended use. Depreciation will be computed using the straight-line method over the expected life of about 20 years (shorter of land use right or the estimated useful life of module used in project assets). As of December 31, 2015, RMB 601,226 of project assets had been completed and connected to the grid. Depreciation expenses of project assets were RMB25,685 for the years ended December 31, 2015. No solar power plant of the Company was ready for its intended use as of December 31, 2014. As of December 31, 2014, project assets with net book value of RMB 310,029 were pledged as collateral for the Group’s borrowings of RMB 200,000 from Industrial and Commercial Bank of China. As of December 31, 2015, project assets with net book value of RMB 601,226 were pledged as collateral for the Group’s borrowings of RMB 588,000 from Industrial and Commercial Bank of China. s) Share based compensation In accordance with ASC 718, Compensation-Stock Compensation , the Group measures the cost of employee services received in exchange for share-based compensation at the grant date fair value of the award. The Group recognizes the share-based compensation costs, net of a forfeiture rate, on a straight-line basis over the requisite service period for each separately vesting portion of the award as if the award was, in-substance, multiple awards. ASC 718 requires forfeitures to be estimated at the time of grant and revised in subsequent periods if actual forfeitures differ from those estimates. t) Research and development Research and development costs are expensed when incurred. u) Advertising expenses Advertising expenses are expensed when incurred. Advertising expenses are not significant during any of the periods covered by these consolidated financial statements. v) Warranty cost Solar modules produced by the Group are typically sold with a 10-year guarantee for defects in materials and workmanship and a 10-year and 25-year warranty against declines of more than 10.0% and 20.0%, respectively, of the initial minimum electricity generation capacity at the time of delivery. The Group therefore maintains warranty reserves (recorded as accrued warranty costs) to cover potential liabilities that could arise from these guarantees and warranties. The potential liability is generally in the form of product replacement or repair. The Group accrues 1.0% of its net revenues attributable to module sales as warranty costs at the time revenues are recognized and include that amount in its cost of revenues. Due to limited warranty claim history, the Group accrues the estimated costs of warranties based on its own history, industry data and an assessment of its competitors’ accrual history. Through the Group’s relationships with, and its managemen

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2015
Acquisition
Acquisition	3. Acquisition a) Acquisition of Ningjin Songgong M.SETEK Co., Ltd (“M.SETEK”), one of the largest suppliers located in Japan, failed to make majority of scheduled delivery since March 2011, and the Group elected to claim the outstanding prepayment from M.SETEK pursuant to the contract. In order to settle the prepayments, the Group reached a settlement agreement with M.SETEK on March 8, 2012 that M.SETEK used its dividend distribution from Ningjing Songgong, its 65%-owned subsidiary located in PRC, to repay part of the prepayments amounting to RMB 69,500, and also transfer its 65% equity interests in Ningjin to the Group. The share transfer agreement was formally signed on July 23, 2012 and the transaction was subject to approval by relevant government. Considering a continued decrease in selling price of solar products and recession of solar industry, in the year ended December 31, 2012, an impairment provision of RMB 96,517 was provided against prepayment made to M. SETEK, as the fair value of the equity interest in Ningjin Songgong based on discounted future cash flows analysis exceeds the equity interest transfer price, which was based on the fair value of equity interest in Ningjing Songgong at the time of settlement in March 2012. On January 29, 2013, M.SETEK transferred its 65% equity interest in Ningjin Songgong to the Group upon obtaining relevant government approval for a total consideration of RMB 150,483, which was settled by the existing prepayment balance to M.SETEK.. The group started consolidating Ningjing Songgong effective February 1, 2013 and recognized the non-controlling interest related to the transaction. Purchase price allocation The total purchase price was allocated to Ningjin Songgong’s tangible assets, identifiable intangible assets, and assumed liabilities based on their estimated fair values as set forth below. The Group makes estimates and judgments in determining the fair value of the acquired assets and assumed liabilities, based on its experience with similar assets and liabilities in similar industries. In performing the purchase price allocation, the Group considered the analyses of historical financial performance and estimates of future performance of Ningjin Songgong’s business. As of January 31, 2013(1) RMB Assets acquired: Cash and cash equivalents Accounts receivable Short term prepayment Inventory Other current assets Long term prepayment Property, plant and equipment, net (2) Total assets acquired Liabilities Short-term borrowings Accounts payable Other payables Payroll and welfare payable Accrued expenses Total liabilities assumed Total fair value of net assets Less: Non-controlling interest Fair value of purchase consideration (1) The acquisition was completed on January 29, 2013. Considering the nominal financial impact of the two days from January 30 to January 31, 2013, we used January 31, 2013 as the acquisition date and the fair value assessment was made based on the financial information as of January 31, 2013. (2) The fair value of property, plant and equipment was recognized and measured at fair value using discounted future cash flow method. Accumulated depreciation was not carried forward. Ningjin Songgong contributed net revenues of RMB 158,179 and net loss of RMB 5,178 from February 1, through December 31, 2013. The following table summarizes unaudited pro forma results of operations for the years ended December 31, 2012 and 2013, as if the acquisition of Ningjin Songgong had occurred on January 1, 2012, and after giving effect to acquisition accounting adjustments. Year ended December 31, 2013 RMB (Unaudited) Pro forma revenue Pro forma net loss ) Pro forma loss attributable to holders of common shares ) Pro forma loss per share: Basic ) Diluted ) Weighted average number of shares used in computation: Basic Diluted The unaudited pro forma consolidated results of operations is for illustrative purpose only and do not purport to be indicative of the results that would have been achieved if the above acquisition had actually taken place on January 1, 2012, and may not be indicative of future operating results. The unaudited pro forma net loss includes RMB 17,236 for the reduction of depreciation expenses of property, plant and equipment the year ended December 31, 2013. b) Acquisition of JA MEMC In June 2014, the Group acquired additional 50% equity interests in JA MEMC (Yangzhou) Technology Co., Ltd. (“JA MEMC”) held by a joint venture partner for a consideration of RMB 47.4 million (USD 7.7 million) in cash. The Group previously owned 50% equity interest in JA MEMC and accounted for its investment in JA MEMC using equity method of accounting since 2011. (refer to Note 4). The transaction is assessed as business combination and was completed on June 18, 2014, the date on which JA obtained control of JA MEMC. Upon completion, JA MEMC became a wholly-owned subsidiary of the Group. As a result of the acquisition, revaluation gain of RMB 3,652 was recognized in income from equity method investments, representing the difference of the fair value of previously held 50% equity and the then carrying amount of that investment. In addition, a negative goodwill of RMB 4,628 was recognized and recorded as other income, reflecting the excess of the fair value of the identified net assets of the acquiree and the consideration transferred. Immediately after the acquisition, JA MEMC transferred all of its assets and liabilities to JA Yangzhou and was dissolved in December, 2014. The Group fully consolidated JA MEMC after the completion of the equity transfer until its dissolution. Purchase price allocation The total purchase price was allocated to JA MEMC’s tangible assets, identifiable intangible assets, and assumed liabilities based on their estimated fair values as set forth below. The Group makes estimates and judgments in determining the fair value of the acquired assets and assumed liabilities, based on its experience with similar assets and liabilities in similar industries. In performing the purchase price allocation, the Group considered the analyses of historical financial performance and estimates of future performance of JA MEMC’s business. As of June 24, 2014 RMB Assets acquired: Cash and cash equivalents Other current assets Property, plant and equipment, net (1) Total assets acquired Liabilities Accounts payable Other liabilities Total liabilities assumed Total fair value of net assets (1) The fair value of property, plant and equipment was recognized and measured at fair value using discounted future cash flow method. Accumulated depreciation was not carried forward. JA MEMC contributed revenues of RMB 40,996 or 0.4% of total revenue from June 24, 2014 through December 31, 2014.

Investments in joint venture an

Investments in joint venture and affiliates	12 Months Ended
	Dec. 31, 2015
Investments in joint venture and affiliates
Investments in joint venture and affiliates	4. Investments in joint venture and affiliates a) Investment in JA MEMC In March 2011, the Group entered into a joint venture agreement with SunEdison Products Singapore Pte.Ltd. (“SunEdison”), (formerly known as MEMC Singapore Pte.Ltd.,) to form a jointly-owned company JA MEMC, to build and operate a solar cell production facility in China. Pursuant to the joint venture agreement, JA Yangzhou and SunEdison each contributed a capital investment of RMB 96,211 in cash, which represents 50% of the share capital of JA MEMC. The Group accounts for its investment in the joint venture using the equity method and the Group’s share of JA MEMC’s results of operations is included in equity gain/(loss) for a joint venture in the Group’s Consolidated Statements of Operations and Comprehensive (Loss)/Income. The Group’s equity in net loss of JA MEMC amounted to RMB 2,108 and RMB 441 for the years ended December 31, 2013 and 2014. The Group reviews its investment in JA MEMC to determine whether a decline in fair value below the carrying value, if any, is other- than-temporary. No impairment loss occurred in 2013 and 2014. Although assumptions used in estimates of fair value of the investment in JA MEMC are management best estimates, such assumptions are, by nature, highly judgmental and may vary significantly from actual results. As disclosed in Note 3, the Group acquired additional 50% equity interests in JA MEMC in June 2014, and started to consolidate JA MEMC since then. b) Investment in Datang Angli In 2012 and 2013, the Group sold PV module to Shandong Angli PV technology Ltd. (“Shandong Angli”) for RMB 47.0 million (“the Receivable”). In 2015, Shandong Angli settled its liability with the Company through a debt restructuring agreement (“the Agreement”). The agreement was signed by the Company, Shandong Angli and Ningxia Angli PV technology Ltd. (“Ningxia Angli”), the related party of Shandong Angli. According to the agreement, Ningxia Angli transferred 29.16% of equity shares of Datang Angli (Lingwu) New Energy Co., Ltd. (“Datang Angli”) to the Company in exchange for the settlement of RMB 47.0 million receivable from Shandong Angli. The Group accounts for its investment of 29.16% in Datang Angli at its fair value, amounted to RMB 39,498 with equity method because the Group has significant influence, but no voting control over Datang Angli. As the original accounts receivable balance of RMB 47.0 million from Shandong Angli was fully reserved in 2013, the Company recorded a gain of RMB 39.5 million in selling, general and administrative expenses upon the receipt of the investment in Datang Angli. The remaining RMB 7.5 million allowance for difference between the Receivable gross amount Rmb 47.0 million and the RMB 39.5 million fair value of Datang Angli, was written off in 2015 against the remaining original balance. In 2015, the Group picked up the 29.16% of the net profit generated from Datang Angli with RMB 44 (Refer to Note 6). c) Investment in Lincheng JA Solar PV Electric (Lincheng) Co., Ltd. (“Lincheng”), a company 100% owned by JA, was set up in 2013, for the purpose of construction of power plants. Lincheng was undertaking early stage of development of a power plant with 100 MW capacity. In July 2014, JA entered into sales agreement with China Rich Energy Cooperation Ltd (“Rich Energy”). Under the agreement, Rich Energy contributed cash as the capital injection to Lincheng to acquire 80% equity interest of Lincheng. JA deconsolidated Lincheng and starts to account for its investment of 20% in Lincheng as equity method of accounting because JA has significant influence, but does not have voting control over Lincheng since July 2014. By the end of 2014, Rich Energy has paid total cash of RMB 66,400 in full as capital injection and all necessary legal procedures related to the share ownership were finished. JA has paid total cash of RMB 16,600 in full as capital injection. In 2015, the Group sold modules to Lincheng with the revenue of Rmb 92,158 and cost of Rmb 71,993. Since JA hold 20% share of Lincheng, the 20% of the unrealized profit with an amount of Rmb 3,076 and Rmb 4,033 in 2014 and 2015 respectively, was eliminated against the long term investment balance. The balance of long-term investment in Lincheng was Rmb 15,627 after the deduction of unrealized profit and pick-up of the 20% of the net profit generated from Lincheng with Rmb 6,136 (2014: Nil. Lincheng was in pre-operating stage in 2014).

Notes Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2015
Notes Receivable
Notes Receivable	5. Notes Receivable Notes receivable represents bank drafts that are non-interest bearing and due within from two to twelve months. Such bank drafts have been arranged with third-party financial institutions by certain customers to settle their purchases from the Group. The carrying amount of notes receivable approximate its fair values. There is no allowance against notes receivable as of December 31, 2014 and 2015.

Accounts Receivable, net

Accounts Receivable, net	12 Months Ended
	Dec. 31, 2015
Accounts Receivable, net
Accounts Receivable, net	6. Accounts Receivable, net Accounts receivable, net, consists of accounts receivables less allowance for doubtful accounts. The following table presents the movement of the allowance for doubtful accounts: As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Balance at beginning of the year Allowance made during the year Recoveries ) ) ) Amount written off against the allowance — ) ) Balance at end of the year As of December 31, 2015, the accounts receivables balance includes RMB 47,668, which represents subsidy portion of revenue that will be received after the Group’s power plants are listed in the Subsidy Catalogue (Note 2(p)). The Group assesses creditworthiness of customers before granting any credit terms. This assessment is primarily based on reviewing of customer’s financial statements and historical collection records, discussion with customers’ senior management, and reviewing of information provided by third parties, and the insurance company that ultimately insures the Group against customer credit default. During the year ended December 31, 2015, for sales of solar cells, the Group provided credit terms of up to 90 days to customers with good credit-worthiness as determined by the Group’s credit assessment. For sales of solar modules, which generally require a longer credit terms according to industry practice, credit terms of up to 180 days were granted to customers with good credit-worthiness. For the year ended December 31, 2013, 2014 and 2015, provisions, net of recoveries, of RMB 91,016, RMB15,383 and RMB (4,746), respectively, were made/(reversed) against accounts receivable for estimated losses resulting from the inability of the customers to make payments as well as a few customers that had financial and operational difficulties. Recoveries of the accounts receivable balance in 2015 were mainly due to the swap of fully reserved (in 2013) accounts receivable balance from Datang Angli for equity method investment with the amount of Rmb39,498 (refer to Note 4(b))and cash collection from other customers.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2015
Inventories
Inventories	7. Inventories Inventories consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Raw materials Work-in-progress Finished goods Total For the year ended December 31, 2013, 2014 and 2015, inventories were written down by RMB 119,936, RMB 15,073 and RMB 6,905, respectively, to reflect the lower of cost or market or obsolescence. In the periods presented, the Company renegotiated with certain suppliers on shipment quantities and pricing terms of long-term purchase arrangements and got positive outcome on a periodic basis, as described follows: Although the quantities under the purchase commitments of the LTAs are fixed, the Company negotiated and executed amendments for current purchases on a quarterly or monthly basis with those suppliers. As a result of such monthly or quarterly negotiations, suppliers either (i) agreed to lower the purchase price for the relevant month or quarter to a level that is close to the market price and significantly lower than the stated contract price, or (ii) agreed to deliver additional quantities to the Company for free during the relevant month or quarter in exchange for the Company’s agreement to purchase the stated quantity at the stated price under the LTAs for such month or quarter, which cumulatively resulted in the Company purchasing quantities larger than stated under the LTAs but at an average purchase price that was close to market price during such month or quarter. At the end of the reporting period, the Company separately assesses the potential losses, if any, on the aforementioned LTAs taking into consideration of the factors as mentioned above, as well as additional factors, such as the renegotiation outcome in current period, contract period, historical outcome of the renegotiation with the same supplier, status of a particular LTA at the time of assessment, and other circumstances and uncertainties that may impact such assessment. There was no loss provision recorded related to these LTAs after considering all the factors and circumstances for the applicable LTAs in the years ended December 31, 2013, 2014 and 2015. When preparing the Company’s consolidated financial statements, the Company separately assessed, in accordance with ASC 330-10-35-17 and -18, the potential losses on the firm purchase commitments to Hemlock Semiconductor Pte. Ltd. (“Hemlock”), to whom the Company failed to make a full advance payment and to perform under its purchase obligations in 2013, 2014 and 2015 under the supply contract. The Company entered into a LTA with Hemlock in March 2011. While the contract provides for purchases at fixed price and fixed quantities starting from 2013 to 2020, the Company did not make a full advance payment according to the contract and accept any delivery in 2013, 2014 and 2015 due to the significant decrease of silicon price in the market and the uncertainty brought by anti-dumping and anti-subsidy investigation (the “Investigation”) against polysilicon imported from the U.S. and South Korea initiated by the Chinese Ministry of Commerce (“MOFCOM”) in recent years and MOFCOM’s ruling in 2014 that investigated products from South Korea and the United States are subject to import tariffs at different rates with the highest rate being 57%. On March 31, 2015, the Company received a termination notice from Hemlock. Management has been involved in negotiation with Hemlock. As of the date of this report, the Company is still in the process of renegotiating with Hemlock on various terms, such as the update unit price, quantities and delivery schedule. Though final agreement was not reached as of the date of this report, both parties agreed to continue the negotiation. When preparing the consolidated financial statements for the year ended and as of December 31, 2014 and 2015, the Company considered the following factors in assessing whether it should accrue losses on long-term inventory purchase commitments to Hemlock: · Although currently the Company is still in the process of renegotiating with Hemlock and no written agreement has been reached, both parties continues to constructively dialogue to find a mutually satisfactory solution. · The Company has been able to renegotiate with other suppliers with similar terms to get positive outcome; and the Company has history of renegotiating similar contacts with the same suppliers, and The Company assessed whether there would be loss on firm purchase commitments by applying a methodology similar to that used in the lower of cost or market evaluation with respect to inventory. In assessing the potential loss provision, the Company used the stated contract price, volume under the LTA with Hemlock as the major assumption to perform the analysis. A comprehensive analysis for estimated net realizable value of the saleable finished goods, after considered all estimated costs which include conversion costs, shipping costs, costs for build-up, fees for breakage, and third party processing costs, is lower than market selling price of finish goods as of December 31, 2015. Even though the purchase price as stated in the LTA is higher than market price of polysilicon (i.e. raw material), in applying the lower of cost or market principle, the net realizable value after considering estimated costs to convert those polysilicon into saleable finished goods is lower than market selling price (after deducting selling costs) of finish goods as of December 31, 2014 and 2015. Based on all the aforementioned factors, the Company concluded that no loss provision under the LTA with Hemlock should be provided as of December 31, 2014 and 2015.

Advances to suppliers

Advances to suppliers	12 Months Ended
	Dec. 31, 2015
Advances to suppliers
Advances to suppliers	8. Advances to suppliers In order to better manage the Group’s unit costs and to secure adequate and timely supply of polysilicon and silicon wafers during the periods of shortages of polysilicon and silicon wafer supplies, the Group entered into a number of multi-year supply agreements in amounts that were expected to meet the Group’s anticipated production needs. As a condition to the Group receiving the raw materials under those agreements, and in line with industry practice, the Group was required to, and had made advances for all, or a portion, of the total contract price to the Group’s suppliers, which are then offset against future purchases. Typically, the supply agreements are subject to price negotiations with the suppliers based on market prices. The Group has made advances to suppliers where the Group has committed to purchase minimum quantities under some of the supply agreements. Advances to suppliers to be offset against future purchases of which the Group expects to take delivery of the inventory after the next twelve months are classified as non-current assets in the Group’s Consolidated Balance Sheet as at year end dates. The Group does not require collateral or other security against its advances to related or third party suppliers. As a result, the Group’s claims for such prepayments would rank only as an unsecured claim, which exposes the Group to the credit risks of the suppliers. Also, the Group may not be able to recover all unutilized advances to suppliers if the Group does not purchase the minimum quantities or is unable to negotiate or renegotiate acceptable prepayment, quantities, prices and delivery terms with these suppliers, or unforeseen events impair the ability of suppliers to deliver raw materials. As of December 31, 2014 and 2015, outstanding prepayments, net of any allowance, made to individual suppliers in excess of 10% of total prepayments to suppliers are as follows: As of December 31, As of December 31, 2014 2015 RMB RMB Supplier A (third party) Supplier B (third party) The following table presents the movement of the allowance for advances to supplier: As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Balance at beginning of the year Allowance made during the year * Recoveries — ) — Written off ) — ) Balance at end of the year The Group continually assesses the credit quality of its suppliers and the factors that affect the credit risk. Given all circumstance and available evidence as of December 31, 2015, management assesses the risk that the Company is not able to fully utilize the remaining advance payment balance is remote and therefore no further provision was made against remaining advance payment balance as the balance was considered recoverable. Recoveries represent cash received or product delivered subsequently. * As of December 31, 2014, full provision of RMB 63,331 was provided against the prepayment made to Hemlock under the long-term supply contract, as management could not conclude that such amount is recoverable. On March 31, 2015, the Company received a termination notice from Hemlock. (Refer to Note 26 Commitments and Contingencies)

Other current assets

Other current assets	12 Months Ended
	Dec. 31, 2015
Other current assets
Other current assets	9. Other current assets Other current assets consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Input value-added tax recoverable Value-added tax refund from export sales Prepaid input VAT & customs duty for import machinery and materials Prepaid expenses Foreign exchange forward contract instruments Deposit receivable Current portion of land use rights Others For the year ended December 31, 2015, a write-off of RMB 19,078 were made against deposits resulting from the cease of bidding of some projects. There is no such situation for the years ended December 31, 2013 and 2014.

Property, plant and equipment,

Property, plant and equipment, net	12 Months Ended
	Dec. 31, 2015
Property, plant and equipment, net
Property, plant and equipment, net	10. Property, plant and equipment, net Property, plant and equipment, net, consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Buildings Furniture, fixtures and office equipment Motor vehicles Machinery and equipment Leasehold improvements Total Less: accumulated depreciation ) ) Subtotal Construction-in-progress Property, plant and equipment, net As of December 31, 2015, JA Wafer R&D pledged its buildings with the net book value of RMB 31,974 to secure a short-term bank borrowing of RMB 35,000 from Bank of Jiangsu; JA Zhabei pledged its buildings with the net book value of RMB 85,599 to secure a short-term bank borrowing of RMB 140,000 from Industrial Bank; JA Lianyungang pledged its buildings with the net book value of RMB 135,100 to secure a short-term bank borrowing of RMB 52,468 from Bank of Construction; JA Hefei Technology pledged its building, machinery and equipment, and construction in progress with the net book value of RMB 776,800 to secure a long-term entrusted loan of RMB 1,440,000 from Hefei High-Tech Industrial Development Zone Management Co., Ltd.; JA Jinglong pledged its buildings with the net book value of RMB 205,051 to secure a long-term bank borrowing of RMB 69,100 from Agriculture Bank of China. In December 2015, the Company sold certain newly purchased equipments (“leased assets”) with carrying amount of RMB 44,350 to a third party (the “purchaser-lessor”) for cash consideration of RMB 41,808. Pursuant to the terms of the contract, the Company is required to make lease payment to the purchaser-lessor quarterly for over 3 years and is entitled to obtain the ownership of these equipments at a nominal price upon the expiration of the lease. The lease is classified as capital lease. For the years ended December 31, 2013, 2014 and 2015, total interest capitalized was RMB 39,902, RMB 38,053 and RMB29,931, respectively. Depreciation expense was RMB 580,157, RMB 672,855 and RMB 759,611 for the years ended December 31, 2013, 2014 and 2015, respectively, and is recorded in manufacturing overhead, selling, general and administrative expenses, research and development expenses. The Group evaluates long-lived assets for impairment if events or changes in circumstances indicated that the carrying value of such assets may not be recoverable. No impairment loss occurred in the year ended December 31, 2013, 2014 and 2015.

Intangible assets, net

Intangible assets, net	12 Months Ended
	Dec. 31, 2015
Intangible assets, net
Intangible assets, net	11. Intangible assets, net Intangible assets, net, consisted of the following: Gross Accumulated Amortization Net RMB RMB RMB As of December 31, 2014 Technical know-how ) — Customer relationship ) Purchased software and others ) ) As of December 31, 2015 Technical know-how ) — Customer relationship ) Purchased software and others ) ) Amortization expense was RMB 3,018, RMB 2,427 and RMB 2,312 for the years ended December 31, 2013, 2014 and 2015, respectively, and is recorded in manufacturing overhead, selling, general and administrative expenses, research and development expenses. Amortization expense of the existing technical know-how, customer relationship and purchased software for each of the next five years will be approximately RMB 1,906.

Income taxes

Income taxes	12 Months Ended
	Dec. 31, 2015
Income taxes
Income taxes	12. Income taxes Cayman Islands and British Virgin Islands The Company is a tax exempt company incorporated in the Cayman Islands. Under the laws of Cayman Islands, the Company is not subject to tax on income or capital gain. The Company’s subsidiary established in the British Virgin Islands is tax exempt under the laws of British Virgin Islands, and accordingly, is not subject to tax on income or capital gain. People’s Republic of China Pursuant to PRC Foreign Enterprise Income Tax (“FEIT”) Law, foreign-invested enterprise (“FIEs”) are subject to FEIT at a state tax rate of 30% plus a local tax rate of 3% on PRC taxable income. FIEs are also entitled to be exempted from FEIT for a 2-year period starting from their first profit-making year followed by a 50% reduction of FEIT payable for the subsequent three years (“2+3 holiday”), if they fall into the category of production-oriented enterprises with an operational period of more than 10 years in China. On March 16, 2007, the National People’s Congress of China enacted a new Corporate Income Tax (“CIT”) Law, under which FIEs and domestic companies would be subject to CIT at a uniform rate of 25%. The new CIT Law has become effective on January 1, 2008. The grandfathering treatments for unutilized tax holiday are provided for certain qualified FIEs. For those FIEs which have already commenced their qualified tax holidays before 2008, they can continue to enjoy the remaining unutilized tax holidays until expiry. For those qualified old FIEs which have not commenced their tax holidays before 2008 due to cumulative losses, their tax holidays will be deemed to commence in 2008 and can be utilized until expiry. JA Hebei, JA Fengxian, JA Zhabei and JA Yangzhou were established before the effective date of the new CIT Law and subject to FEIT Law before January 1, 2008. Pursuant to the FEIT, JA Hebei received approval to enjoy a 2-year corporate income tax exemption for 2006 and 2007, as well as a 50% corporate income tax reduction from 2008 to 2010. After the new Corporate Income Tax law became effective on January 1, 2008, JA Hebei was entitled to enjoy grandfathering treatments for the unutilized tax holiday until expiration. The Company believes that the income generated by assets newly acquired by JA Hebei through a capital injection made in 2008 were also subject to the above mentioned grandfathered tax holiday and has been in compliance with the tax filing requirements. JA Fengxian and JA Yangzhou all had cumulative losses as of December 31, 2008 and their tax holidays were deemed to commence in 2008 and can be utilized until expiry pursuant to the new CIT Law. JA Zhabei, which is not a production-oriented enterprise, not entitled to the tax holiday. JA Lianyungang, which was established in 2008, JA Yangzhou R&D and JA Yangzhou PV, which were established in 2009, JA Wafer R&D and JA Jinglong, which were established/acquired in 2010, JA Hefei Renewable Energy, JA Hefei Technology and JA Investment, which were established in 2011, Solar Silicon Valley, which was acquired in 2011, are not entitled to the tax holiday. In accordance with the new CIT Law, a company is entitled to a preferential income tax of 15% if qualifying as an Advanced and New Technology Enterprise (“ANTE”). The preferential tax rate, once being approved by the relevant government authorities, is subject to renewal every three years. However, a company that enjoys the preferential income tax rate should perform self-assessment to ensure it maintains the required qualification during those three years. In November 2010, JA Hebei was recognized as an ANTE under the CIT Law and is entitled to the preferential income tax of 15% from 2010 to 2012. In March 2014, JA Hebei was again recognized as an ANTE under the new CIT Law and is entitled to the preferential income tax of 15% from 2013 to 2015. In August 2011, JA Yangzhou was recognized by the Chinese government as an ANTE and is entitled to the preferential income tax of 15% from 2011 to 2013. JA Yangzhou has chosen to complete the above mentioned 2+3 holiday for the overlapping period of 2011 and 2012. In August 2014, JA Yangzhou was again recognized as an ANTE under the new CIT Law and is entitled to the preferential income tax of 15% from 2014 to 2016. In November 2011, JA Lianyungang was recognized by the Chinese government as an ANTE and is entitled to the preferential income tax of 15% from 2011 to 2013. In October 2014, JA Lianyungang was again recognized as an ANTE under the new CIT Law and is entitled to the preferential income tax of 15% from 2014 to 2016.JA Fengxian was recognized as an ANTE and is entitled to the preferential income tax of 15% from 2011 to 2013. JA Fengxian has chosen to complete the above mentioned 2+3 holiday for the overlapping period of 2011 and 2012. In September 2014, JA Fengxian was again recognized as an ANTE under the new CIT Law and is entitled to the preferential income tax of 15% from 2014 to 2016. JA Wafer R&D was recognized by the Chinese government as an ANTE and is entitled to the preferential income tax of 15% from 2012 to 2014. In 2015, JA Wafer R&D’s recognition as an ANTE expired. On February 22, 2008, the Ministry of Finance (“MOF”) and the State Administration of Taxation (“SAT”) jointly issued Cai Shui [2008] Circular 1 (“Circular 1”). According to Article 4 of Circular 1, distributions of accumulated profits earned by a FIE prior to January 1, 2008 to foreign investor(s) in 2008 or after will be exempt from withholding tax (“WHT”) while distribution of the profit earned by an FIE after January 1, 2008 to its foreign investor(s) shall be subject to WHT at a rate up to 10% (lower rate is available under the protection of tax treaties). As a result, if any dividends are declared out of the cumulative retained earnings as of December 31, 2007, they should be exempt from WHT. In 2012, JA Hebei declared dividends of RMB 107,804 out of the cumulative retained earnings as of December 31, 2007 to JA BVI, which is exempt for WHT. JA Yangzhou, as requested by the local tax bureau, declared dividends of RMB 210,637 out of the earnings after January 1, 2008 to JA BVI in order to meet the capital injection requirement for JA Yangzhou. Pursuit to Circular 1, the appropriation of dividend for reinvestment purpose is subject to 10% WHT, amounting to RMB 21,064, which was paid and recorded as income tax expenses for the year ended December 31, 2012. Excluding JA Yangzhou’s dividend appropriation requested by the local tax bureau, the Group intends to indefinitely reinvest its earnings to further expand its businesses in mainland China, its foreign invested enterprises do not intend to declare dividends to their immediate foreign holding companies in the foreseeable future. Undistributed earnings as of December 31, 2014 and 2015 are considered to be indefinitely reinvested, and therefore, no deferred tax liability was recognized. Cumulative undistributed earnings of the Company’s PRC subsidiaries intended to be permanently reinvested totaled RMB 3,092,616 and RMB 3,871,442 and the amount of the unrecognized deferred tax liability on the permanently reinvested earnings was RMB 309,262 and RMB 387,144 as of December 31, 2014 and 2015. Hong Kong SAR No income tax provision has been made for JA Hong Kong and JA International in any period, as the entities did not have assessable profits subject to Hong Kong Profit Tax at the rate of 16.5% for the years presented. United States JA USA is subject to US federal statutory tax rate of 35% and also subject to the state of California income tax rate of 8.84%. The state income tax paid is deductible for US federal income tax. European Countries JA GmbH is incorporated in Germany and is subject to effective income tax rate of 29.55% which consists of 15% corporate income tax plus a solidarity surcharge of 5.5% on corporate income tax and a trade income tax rate of 13.72%. Japan JA Japan is subject to Japanese corporate income tax rate of 35.64%. Australia JA Australia is subject to Australia corporate income tax rate of 30%. Malaysia JA Malaysia is subject to Malaysia corporate income tax rate of 25%. The tax benefit/(expense) comprises: For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 Current tax ) ) ) Deferred tax ) ) Components of deferred tax assets consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Deferred tax assets: Temporary differences: Amortization of intangible assets Accrued warranty costs Accrued expenses Net loss carried forward Depreciation of property, plant and equipment Inventory write-down Allowance for doubtful accounts Allowance for advance to suppliers Impairment loss on property, plant and equipment and project assets Accrued interest Government grant for the acquisition of land use rights and property, plant and equipment Timing difference for revenue recognition of retainage contract Unrealized profit Others Deferred tax assets Deferred tax liabilities: Temporary differences: Capitalized interest ) ) Deferred tax liabilities ) ) Less: valuation allowance ) ) Deferred tax assets-net Deferred tax assets are analyzed as: As of December 31, As of December 31, 2014 2015 RMB RMB Current Non-Current Deferred tax liability are analyzed as: Current — — Non-Current ) ) ) ) The following table presents the movement of the valuation allowance for deferred tax assets: As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Balance at beginning of the year Business combination — — Allowance made during the year Reversals and utilization ) ) ) Balance at end of the year The Group has made some portion of valuation allowance against its net deferred tax assets. The Group evaluates a variety of factors in determining the amount of the valuation allowance, including its earnings history, the tax holiday period, the existence of taxable temporary differences, and near-term earnings expectations. Future reversal of the valuation allowance will be recognized upon the earlier of when the benefit is realized or when it has been determined that it is more likely than not that the benefit will be realized through future earnings. Certain valuation allowance was reversed and utilized in 2014 and 2015 when certain subsidiaries generated sufficient taxable income to utilize the deferred tax assets in the current year. Furthermore, a portion of valuation allowance was reversed in 2014 and 2015 due to the expected utilization of deferred tax assets in the future. Certain allowance was made in 2015 because of change in the circumstance that causes a change in judgment about the realizability of the deferred tax assets resulting from intergroup restructuring. Reconciliation between the provision for income tax computed by applying the statutory CIT and the Group’s effective tax rate: For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 PRC enterprise income tax )% % % Effect of permanent differences: Share based compensation and other permanent difference % % % Effect of tax holiday (1) % )% )% Difference of tax rates of subsidiaries outside of China (2) % )% )% Effect of tax rate change (3) )% % )% Additional tax for previously approved tax holiday — % — % — % Withholding tax for dividend distribution — % — % — % Intra-group investment disposal income subject to tax — % — % Valuation allowance % )% % )% % % (1) Effect of tax holiday is mainly due to certain subsidiaries are entitled ANTE with a preferential income tax of 15%. (2) Change of effect of difference of tax rates of subsidiaries outside of China is mainly due to impact from change in fair value generated from warrants in JA Cayman, which is not subject to income tax. (3) Change of tax rate increased from (0.32%) in 2013 to 24.30% in 2014 is due to the different enacted tax rate used in the calculation of deferred tax assets in 2014 for one subsidiary to reflect the decrease of tax rate, which resulted in the reduction of previously disclosed deferred tax asset benefit (gross amount). Deferred tax assets for this subsidiary have been fully provided for valuation allowance in both 2014 and 2013. Change of tax rate decreased from 24.30% in 2014 to (3.06%) in 2015 is due to the different enacted tax rate used in the calculation of deferred tax assets in 2015 for one subsidiary (JA Wafer R&D) to reflect the increase of tax rate due to ANTE recognition expires in 2015, which resulted in the addition of previously disclosed deferred tax asset benefit (gross amount). Deferred tax assets for this subsidiary have been fully provided for valuation allowance in both 2015 and 2014. The corresponding reversal of valuation allowance has been included in the line of valuation allowance. Aggregate amount and per share effect of the tax holiday are as follows: For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 The aggregate amount of effect Per share effect-basic Per share effect-diluted

Other long term liabilities

Other long term liabilities	12 Months Ended
	Dec. 31, 2015
Other long term liabilities
Other long term liabilities	13. Other long term liabilities The breakdown of other long term liabilities is as below: As of December 31, As of December 31, 2014 2015 RMB RMB Government grant (1) Long term payables for purchase of property, plant and equipment — Capital lease (2) — Other Total (1) Government grants are recognized where there is reasonable assurance that the grant will be received and all attached conditions will be complied with. Grant relating to cash subsidies received by the Group’s entity in the PRC from various level of government authorities. The government subsidies are granted from time to time at the discretion of the relevant government authorities. Cash subsidies have no defined rules and regulations to govern the criteria necessary for companies to enjoy the benefits and are recognized as other income when received and when all conditions for their receipt have been satisfied. Grants for the acquisition of land use right and property, plant and equipment are recorded as long-term liabilities and amortized to other income over the amortization period, which represents the depreciable life of the related PP&E. Government grants received related to property, plant and equipment are classified as investing cash inflows on the Group’s consolidated cash flow statements. Government grants received related to land use right are classified as operating cash inflows on the Group’s consolidated cash flow statements just as company expenditures for land use rights are classified as operating cash outflows. The Group received government grant related to property, plant and equipment and land use rights of RMB 126,900, RMB 45,300 and RMB 230 during the years ended December 31, 2013, 2014 and 2015, respectively. As of December 31, 2014 and 2015, long-term liability balance of RMB 278,272 and RMB 250,122 was related to government grant for the acquisition of land use rights and property, plant and equipment, respectively. The Group recorded RMB 14,471, RMB 32,078 and RMB 35,555 as other income for the years ended December 31, 2013, 2014 and 2015, respectively, among which RMB 13,290, RMB 27,376, and RMB 28,380 are related to the amortization of government grant. (2) On December 31, 2015, the Company sold certain newly purchased equipment (“leased assets”) with carrying amount of RMB 44,350 to a third party (the “purchaser-lessor”) for cash consideration of RMB 41,808. Pursuant to the terms of the contract, the Company is required to pay to the purchaser-lessor quarterly lease payment over 3 years and is entitled to obtain the ownership of these equipment at a nominal price upon the expiration of the lease. The lease is classified as capital lease. As of December 2015, Rmb 12,805 is recognized as other payable (refer to Note 17) and Rmb 29,003 is recognized as other long term liability to the purchaser-lessor according to the contract term.

Prepaid land use rights

Prepaid land use rights	12 Months Ended
	Dec. 31, 2015
Prepaid land use rights
Prepaid land use rights	14. Prepaid land use rights The prepaid land use rights of the Group represented prepaid operating lease payments in obtaining land use rights in the PRC for a period of 40 or 50 years. As of December 31, As of December 31, 2014 2015 RMB RMB Cost Less: accumulated amortization ) ) Net book value Current portion of prepaid land use rights (recorded in other current assets) Non-current portion of prepaid land use rights Total As of December 31, 2015, the Group pledged its land use right with the net book value of RMB 10,454 to secure a short-term bank borrowing of RMB 35,000 from Bank of Jiangsu; the Group pledged its land use right with the net book value of RMB 25,500 to secure a short-term bank borrowing of RMB 52,468 from Bank of Construction; the Group pledged its land use of right with the net book value of RMB 209,332 to secure a long-term entrusted loan of RMB 1,440,000 from Industrial and Commercial Bank of China; the Group pledged its land use right with the net book value of RMB 72,488 to secure a long-term bank borrowing of RMB 22,900 from Agriculture Bank of China.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2015
Loans Payable
Borrowings
Borrowings	15. Borrowings Lender Date of Borrowing Due Date Principal Amount ( in RMB) Interest Payment Periods As of December 31, 2014 Short-term loan: Industrial and Commercial Bank of China April 2014 March 2015 Monthly Industrial and Commercial Bank of China December 2014 October 2015 Monthly Industrial and Commercial Bank of China December 2014 June 2015 Monthly Industrial and Commercial Bank of China May 2014 April 2015 Monthly Industrial and Commercial Bank of China December 2014 June 2015 Monthly Bank of Communication January 2014 January 2015 Monthly Bank of Communication August 2014 February 2015 Together with principal Huaxia Bank March 2014 March 2015 Monthly Huaxia Bank April 2014 April 2015 Monthly Huaxia Bank May 2014 March 2015 Monthly China Merchant Bank October 2014 April 2015 Together with principal China Merchant Bank November 2014 May 2015 Together with principal China Merchant Bank September 2014 March 2015 Together with principal China Merchant Bank December 2014 June 2015 Together with principal China Merchant Bank December 2014 June 2015 Together with principal China Construction Bank April 2014 April 2015 Monthly China Construction Bank April 2014 April 2015 Monthly China Construction Bank April 2014 April 2015 Monthly China Construction Bank May 2014 May 2015 Monthly China Construction Bank November 2014 May 2015 Monthly China Construction Bank November 2014 May 2015 Monthly Bank of China June 2014 June 2015 Quarterly Bank of China September 2014 March 2015 Monthly Bank of China October 2014 April 2015 Monthly Industrial and Commercial Bank of China December 2014 November 2015 Monthly Agriculture Bank of China May 2014 May 2015 Monthly Agriculture Bank of China March 2014 March 2015 Monthly Agriculture Bank of China January 2014 January 2015 Monthly Agriculture Bank of China February 2014 February 2015 Monthly Agriculture Bank of China August 2014 January 2015 Together with principal Agriculture Bank of China August 2014 February 2015 Together with principal Agriculture Bank of China August 2014 January 2015 Together with principal Agriculture Bank of China August 2014 February 2015 Together with principal Agriculture Bank of China August 2014 January 2015 Together with principal Agriculture Bank of China September 2014 January 2015 Together with principal Agriculture Bank of China September 2014 March 2015 Together with principal Agriculture Bank of China September 2014 February 2015 Together with principal Agriculture Bank of China September 2014 March 2015 Together with principal Agriculture Bank of China September 2014 February 2015 Together with principal Agriculture Bank of China September 2014 February 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China November 2014 April 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China November 2014 April 2015 Together with principal Agriculture Bank of China November 2014 April 2015 Together with principal Agriculture Bank of China December 2014 April 2015 Together with principal Agriculture Bank of China December 2014 May 2015 Together with principal Lender Date of Borrowing Due Date Principal Amount ( in RMB) Interest Payment Periods As of December 31, 2014 Agriculture Bank of China December 2014 May 2015 Together with principal Agriculture Bank of China December 2014 May 2015 Together with principal Bank of Xingtai September 2014 September 2015 Monthly Bank of Xingtai September 2014 March 2015 Monthly Industrial Bank Co., Ltd. April 2014 April 2015 Quarterly Bank of Xingtai June 2014 June 2015 Monthly Hefei S & T Rural Commercial Bank June 2014 May 2015 Quarterly Hefei S & T Rural Commercial Bank June 2014 May 2015 Quarterly Rural Credit Cooperative of Hebei March 2014 March 2015 Monthly Bank of Xingtai September 2014 March 2015 Monthly Bank of Xingtai September 2014 September 2015 Monthly Bank of Xingtai September 2014 March 2015 Monthly Bank of Xingtai September 2014 September 2015 Monthly Shanghai Pudong Development Bank August 2014 August 2015 Quarterly Industrial and Commercial Bank of China December 2014 May 2015 Quarterly Industrial and Commercial Bank of China December 2014 November 2015 Quarterly Subtotal Long-term loan due in one year: Agriculture Bank of China August 2012 February 2015 Quarterly Agriculture Bank of China August 2012 August 2015 Quarterly Agriculture Bank of China September 2012 August 2015 Quarterly Agriculture Bank of China September 2012 February 2015 Quarterly Subtotal Short-term borrowings and current portion of long term borrowings Long-term loan: Agriculture Bank of China June 2014 June 2016 Monthly Bank of Xingtai September 2014 September 2016 Monthly Bank of Xingtai September 2014 March 2016 Monthly Bank of Xingtai September 2014 March 2016 Monthly Bank of Xingtai September 2014 September 2016 Monthly Bank of Xingtai September 2014 March 2016 Monthly Bank of Xingtai September 2014 September 2016 Monthly Industrial and Commercial Bank of China July 2014 January 2017 Annually Industrial and Commercial Bank of China July 2014 January 2018 Annually Industrial and Commercial Bank of China August 2014 January 2019 Annually Industrial and Commercial Bank of China August 2014 January 2019 Annually Industrial and Commercial Bank of China August 2014 January 2018 Annually Industrial and Commercial Bank of China August 2014 January 2019 Annually Industrial and Commercial Bank of China December 2014 May 2016 Quarterly Industrial and Commercial Bank of China December 2014 November 2016 Quarterly Industrial and Commercial Bank of China December 2014 May 2017 Quarterly Industrial and Commercial Bank of China December 2014 November 2017 Quarterly Industrial and Commercial Bank of China December 2014 May 2018 Quarterly Industrial and Commercial Bank of China December 2014 November 2018 Quarterly Industrial and Commercial Bank of China December 2014 May 2019 Quarterly Industrial and Commercial Bank of China December 2014 November 2019 Quarterly Industrial and Commercial Bank of China December 2014 May 2020 Quarterly Lender Date of Borrowing Due Date Principal Amount ( in RMB) Interest Payment Periods As of December 31, 2014 Long-term loan: Industrial and Commercial Bank of China December 2014 November 2020 Quarterly Industrial and Commercial Bank of China December 2014 May 2021 Quarterly Industrial and Commercial Bank of China December 2014 November 2021 Quarterly Industrial and Commercial Bank of China December 2014 May 2022 Quarterly Industrial and Commercial Bank of China December 2014 November 2022 Quarterly Industrial and Commercial Bank of China December 2014 May 2023 Quarterly Industrial and Commercial Bank of China December 2014 November 2023 Quarterly Industrial and Commercial Bank of China December 2014 May 2024 Quarterly Industrial and Commercial Bank of China December 2014 November 2024 Quarterly Industrial and Commercial Bank of China December 2014 May 2025 Quarterly Industrial and Commercial Bank of China December 2014 November 2025 Quarterly Industrial and Commercial Bank of China December 2014 May 2026 Quarterly Industrial and Commercial Bank of China December 2014 November 2026 Quarterly Industrial and Commercial Bank of China December 2014 May 2027 Quarterly Industrial and Commercial Bank of China December 2014 November 2027 Quarterly Industrial and Commercial Bank of China December 2014 May 2028 Quarterly Industrial and Commercial Bank of China December 2014 November 2028 Quarterly Industrial and Commercial Bank of China December 2014 May 2029 Quarterly Industrial and Commercial Bank of China December 2014 December 2029 Quarterly Agriculture Bank of China August 2012 February 2017 Quarterly Agriculture Bank of China August 2012 August 2018 Quarterly Agriculture Bank of China August 2012 August 2019 Quarterly Agriculture Bank of China August 2012 February 2016 Quarterly Agriculture Bank of China August 2012 August 2016 Quarterly Agriculture Bank of China August 2012 August 2017 Quarterly Agriculture Bank of China August 2012 February 2018 Quarterly Agriculture Bank of China August 2012 February 2019 Quarterly Agriculture Bank of China September 2012 February 2016 Quarterly Agriculture Bank of China September 2012 August 2016 Quarterly Agriculture Bank of China September 2012 February 2017 Quarterly Agriculture Bank of China September 2012 August 2017 Quarterly Agriculture Bank of China September 2012 February 2018 Quarterly Agriculture Bank of China September 2012 August 2018 Quarterly Agriculture Bank of China September 2012 February 2019 Quarterly Agriculture Bank of China September 2012 August 2019 Quarterly Subtotal Total borrowings Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Short-term loan: Industrial and Commercial Bank of China April2015 January2016 Monthly Industrial and Commercial Bank of China June2015 February2016 Monthly Industrial and Commercial Bank of China September2015 March2016 Monthly Industrial and Commercial Bank of China July2015 April2016 Monthly Industrial and Commercial Bank of China October2015 August2016 Monthly Bank of Communications December2015 Decmember2016 Monthly Bank of Communications August2015 February2016 Monthly Hua Xia Bank April2015 April2016 Monthly Hua Xia Bank April2015 April2016 Monthly Hua Xia Bank June2015 June2016 Monthly Hua Xia Bank June2015 June2016 Monthly China Merchants Bank November2015 January2016 Together with principal China Merchants Bank September2015 March2016 Together with principal China Construction Bank December2015 June2016 Monthly China Construction Bank December2015 June2016 Monthly Bank of China July2015 July2016 Quarterly China Contruction Bank March2015 March2016 Monthly China Contruction Bank May2015 May2016 Monthly Industrial and Commercial Bank of China March2015 March2016 Monthly The Agricultural Bank of China January2015 January2016 Monthly The Agricultural Bank of China October2015 January2016 Together with principal The Agricultural Bank of China November2015 April2016 Together with principal The Agricultural Bank of China November2015 April2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China December2015 March2016 Together with principal The Agricultural Bank of China December2015 April2016 Together with principal The Agricultural Bank of China December2015 April2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 April2016 Together with principal The Agricultural Bank of China May2015 May2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Short-term loan(continued): Bank of Hebei March2015 March2016 Monthly Industrial Bank February2015 February2016 Quarterly China Merchants Bank November2015 May2016 Monthly China Merchants Bank December2015 June2016 Monthly China Merchants Bank November2015 January2016 Monthly China Merchants Bank December2015 January2016 Monthly Hefei rural commercial bank of science and technology June2015 June2016 Quarterly Industrial Bank December2015 December2016 Quarterly Bank of Jiangsu November2015 November2016 Monthly Agricultural Bank of China December2015 December2016 Quarterly Huanengtiancheng financing lease co.,LTD December2015 September2016 Quarterly Huanengtiancheng financing lease co.,LTD December2015 December2016 Quarterly Ping An Bank September2015 September2016 Quarterly Shoko Chukin Bank December2015 February2016 Monthly Shoko Chukin Bank December2015 March2016 Monthly Shoko Chukin Bank December2015 April2016 Monthly Shoko Chukin Bank December2015 May2016 Monthly Shoko Chukin Bank December2015 June2016 Monthly Shoko Chukin Bank December2015 July2016 Monthly Shoko Chukin Bank December2015 August2016 Monthly Shoko Chukin Bank December2015 September2016 Monthly Shoko Chukin Bank December2015 October2016 Monthly Shoko Chukin Bank December2015 November2016 Monthly Subtotal Long-term loan due in one year: Agricultural Bank of China September2012 August2016 Quarterly Agricultural Bank of China August2012 August2016 Quarterly Agricultural Bank of China August2012 February2016 Quarterly Agricultural Bank of China September2012 February2016 Quarterly Industrial and Commercial Bank of China December2014 May2016 Quarterly Industrial and Commercial Bank of China January2015 May2016 Quarterly Industrial and Commercial Bank of China March2015 May2016 Quarterly Industrial and Commercial Bank of China May2015 May2016 Quarterly Industrial and Commercial Bank of China December2014 November2016 Quarterly Industrial and Commercial Bank of China January2015 November2016 Quarterly Industrial and Commercial Bank of China March2015 November2016 Quarterly Industrial and Commercial Bank of China May2015 November2016 Quarterly Xingtai bank September2014 March2016 Monthly Agricultural Bank of China June2014 June2016 Monthly Xingtai bank September2014 September2016 Monthly Xingtai bank September2014 September2016 Monthly Xingtai bank September2014 September2016 Monthly Xingtai bank September2014 March2016 Monthly Xingtai bank September2014 March2016 Monthly Subtotal Short-term borrowings and current portion of long term borrowings Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long-term loan: Agricultural Bank of China May 2015 May 2017 Monthly Agricultural Bank of China February 2015 February 2017 Monthly Industrial and Commercial Bank of China June 2015 June 2017 Monthly Industrial and Commercial Bank of China September 2015 September 2018 Monthly Industrial and Commercial Bank of China September 2015 April 2018 Monthly Industrial and Commercial Bank of China July 2014 January 2017 Yearly Industrial and Commercial Bank of China July 2014 January 2018 Yearly Industrial and Commercial Bank of China August 2014 January 2019 Yearly Industrial and Commercial Bank of China August 2014 January 2019 Yearly Industrial and Commercial Bank of China August 2014 January 2018 Yearly Industrial and Commercial Bank of China August 2014 January 2019 Yearly Industrial and Commercial Bank of China December 2014 May 2017 Quarterly Industrial and Commercial Bank of China December 2014 November 2017 Quarterly Industrial and Commercial Bank of China December 2014 May 2018 Quarterly Industrial and Commercial Bank of China December 2014 November 2018 Quarterly Industrial and Commercial Bank of China December 2014 May 2019 Quarterly Industrial and Commercial Bank of China December 2014 November 2019 Quarterly Industrial and Commercial Bank of China December 2014 May 2020 Quarterly Industrial and Commercial Bank of China December 2014 November 2020 Quarterly Industrial and Commercial Bank of China December 2014 May 2021 Quarterly Industrial and Commercial Bank of China December 2014 November 2021 Quarterly Industrial and Commercial Bank of China December 2014 May 2022 Quarterly Industrial and Commercial Bank of China December 2014 November 2022 Quarterly Industrial and Commercial Bank of China December 2014 May 2023 Quarterly Industrial and Commercial Bank of China December 2014 November 2023 Quarterly Industrial and Commercial Bank of China December 2014 May 2024 Quarterly Industrial and Commercial Bank of China December 2014 November 2024 Quarterly Industrial and Commercial Bank of China December 2014 May 2025 Quarterly Industrial and Commercial Bank of China December 2014 November 2025 Quarterly Industrial and Commercial Bank of China December 2014 May 2026 Quarterly Industrial and Commercial Bank of China December 2014 November 2026 Quarterly Industrial and Commercial Bank of China December 2014 May 2027 Quarterly Industrial and Commercial Bank of China December 2014 November 2027 Quarterly Industrial and Commercial Bank of China December 2014 May 2028 Quarterly Industrial and Commercial Bank of China December 2014 November 2028 Quarterly Industrial and Commercial Bank of China December 2014 May 2029 Quarterly Industrial and Commercial Bank of China December 2014 December 2029 Quarterly Industrial and Commercial Bank of China January 2015 May 2017 Quarterly Industrial and Commercial Bank of China January 2015 November 2017 Quarterly Industrial and Commercial Bank of China January 2015 May 2018 Quarterly Industrial and Commercial Bank of China January 2015 November 2018 Quarterly Industrial and Commercial Bank of China January 2015 May 2019 Quarterly Industrial and Commercial Bank of China January 2015 November 2019 Quarterly Industrial and Commercial Bank of China January 2015 May 2020 Quarterly Industrial and Commercial Bank of China January 2015 November 2020 Quarterly Industrial and Commercial Bank of China January 2015 May 2021 Quarterly Industrial and Commercial Bank of China January 2015 November 2021 Quarterly Industrial and Commercial Bank of China January 2015 May 2022 Quarterly Industrial and Commercial Bank of China January 2015 November 2022 Quarterly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Industrial and Commercial Bank of China January 2015 May 2023 Quarterly Industrial and Commercial Bank of China January 2015 November 2023 Quarterly Industrial and Commercial Bank of China January 2015 May 2024 Quarterly Industrial and Commercial Bank of China January 2015 November 2024 Quarterly Industrial and Commercial Bank of China January 2015 May 2025 Quarterly Industrial and Commercial Bank of China January 2015 November 2025 Quarterly Industrial and Commercial Bank of China January 2015 May 2026 Quarterly Industrial and Commercial Bank of China January 2015 November 2026 Quarterly Industrial and Commercial Bank of China January 2015 May 2027 Quarterly Industrial and Commercial Bank of China January 2015 November 2027 Quarterly Industrial and Commercial Bank of China January 2015 May 2028 Quarterly Industrial and Commercial Bank of China January 2015 November 2028 Quarterly Industrial and Commercial Bank of China January 2015 May 2029 Quarterly Industrial and Commercial Bank of China January 2015 December 2029 Quarterly Industrial and Commercial Bank of China March 2015 May 2017 Quarterly Industrial and Commercial Bank of China March 2015 November 2017 Quarterly Industrial and Commercial Bank of China March 2015 May 2018 Quarterly Industrial and Commercial Bank of China March 2015 November 2018 Quarterly Industrial and Commercial Bank of China March 2015 May 2019 Quarterly Industrial and Commercial Bank of China March 2015 November 2019 Quarterly Industrial and Commercial Bank of China March 2015 May 2020 Quarterly Industrial and Commercial Bank of China March 2015 November 2020 Quarterly Industrial and Commercial Bank of China March 2015 May 2021 Quarterly Industrial and Commercial Bank of China March 2015 November 2021 Quarterly Industrial and Commercial Bank of China March 2015 May 2022 Quarterly Industrial and Commercial Bank of China March 2015 November 2022 Quarterly Industrial and Commercial Bank of China March 2015 May 2023 Quarterly Industrial and Commercial Bank of China March 2015 November 2023 Quarterly Industrial and Commercial Bank of China March 2015 May 2024 Quarterly Industrial and Commercial Bank of China March 2015 November 2024 Quarterly Industrial and Commercial Bank of China March 2015 May 2025 Quarterly Industrial and Commercial Bank of China March 2015 November 2025 Quarterly Industrial and Commercial Bank of China March 2015 May 2026 Quarterly Industrial and Commercial Bank of China March 2015 November 2026 Quarterly Industrial and Commercial Bank of China March 2015 May 2027 Quarterly Industrial and Commercial Bank of China March 2015 November 2027 Quarterly Industrial and Commercial Bank of China March 2015 May 2028 Quarterly Industrial and Commercial Bank of China March 2015 November 2028 Quarterly Industrial and Commercial Bank of China March 2015 May 2029 Quarterly Industrial and Commercial Bank of China March 2015 December 2029 Quarterly Industrial and Commercial Bank of China May 2015 May 2017 Quarterly Industrial and Commercial Bank of China May 2015 November 2017 Quarterly Industrial and Commercial Bank of China May 2015 May 2018 Quarterly Industrial and Commercial Bank of China May 2015 November 2018 Quarterly Industrial and Commercial Bank of China May 2015 May 2019 Quarterly Industrial and Commercial Bank of China May 2015 November 2019 Quarterly Industrial and Commercial Bank of China May 2015 May 2020 Quarterly Industrial and Commercial Bank of China May 2015 November 2020 Quarterly Industrial and Commercial Bank of China May 2015 May 2021 Quarterly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Industrial and Commercial Bank of China May 2015 November 2021 Quarterly Industrial and Commercial Bank of China May 2015 May 2022 Quarterly Industrial and Commercial Bank of China May 2015 November 2022 Quarterly Industrial and Commercial Bank of China May 2015 May 2023 Quarterly Industrial and Commercial Bank of China May 2015 November 2023 Quarterly Industrial and Commercial Bank of China May 2015 May 2024 Quarterly Industrial and Commercial Bank of China May 2015 November 2024 Quarterly Industrial and Commercial Bank of China May 2015 May 2025 Quarterly Industrial and Commercial Bank of China May 2015 November 2025 Quarterly Industrial and Commercial Bank of China May 2015 May 2026 Quarterly Industrial and Commercial Bank of China May 2015 November 2026 Quarterly Industrial and Commercial Bank of China May 2015 May 2027 Quarterly Industrial and Commercial Bank of China May 2015 November 2027 Quarterly Industrial and Commercial Bank of China May 2015 May 2028 Quarterly Industrial and Commercial Bank of China May 2015 November 2028 Quarterly Industrial and Commercial Bank of China May 2015 May 2029 Quarterly Industrial and Commercial Bank of China May 2015 December 2029 Quarterly The Agricultural Bank of China August 2012 February 2017 Quarterly The Agricultural Bank of China August 2012 August 2018 Quarterly The Agricultural Bank of China August 2012 August 2019 Quarterly The Agricultural Bank of China August 2012 August 2017 Quarterly The Agricultural Bank of China August 2012 February 2018 Quarterly The Agricultural Bank of China August 2012 February 2019 Quarterly The Agricultural Bank of China September 2012 February 2017 Quarterly The Agricultural Bank of China September 2012 August 2017 Quarterly The Agricultural Bank of China September 2012 February 2018 Quarterly The Agricultural Bank of China September 2012 August 2018 Quarterly The Agricultural Bank of China September 2012 February 2019 Quarterly The Agricultural Bank of China September 2012 August 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2021 Quarterly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Huaneng tiancheng financing lease co., LTD December 2015 June 2021 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2021 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2021 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2023 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2023 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2023 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2023 Quarterly Shoko Chukin Bank December 2015 February 2017 Monthly Shoko Chukin Bank December 2015 March 2017 Monthly Shoko Chukin Bank December 2015 April 2017 Monthly Shoko Chukin Bank December 2015 May 2017 Monthly Shoko Chukin Bank December 2015 June 2017 Monthly Shoko Chukin Bank December 2015 July 2017 Monthly Shoko Chukin Bank December 2015 August 2017 Monthly Shoko Chukin Bank December 2015 September 2017 Monthly Shoko Chukin Bank December 2015 October 2017 Monthly Shoko Chukin Bank December 2015 November 2017 Monthly Shoko Chukin Bank December 2015 December 2017 Monthly Shoko Chukin Bank December 2015 January 2018 Monthly Shoko Chukin Bank December 2015 February 2018 Monthly Shoko Chukin Bank December 2015 March 2018 Monthly Shoko Chukin Bank December 2015 April 2018 Monthly Shoko Chukin Bank December 2015 May 2018 Monthly Shoko Chukin Bank December 2015 June 2018 Monthly Shoko Chukin Bank December 2015 July 2018 Monthly Shoko Chukin Bank December 2015 August 2018 Monthly Shoko Chukin Bank December 2015 September 2018 Monthly Shoko Chukin Bank December 2015 October 2018 Monthly Shoko Chukin Bank December 2015 November 2018 Monthly Shoko Chukin Bank December 2015 December 2018 Monthly Shoko Chukin Bank December 2015 January 2019 Monthly Shoko Chukin Bank December 2015 February 2019 Monthly Shoko Chukin Bank December 2015 March 2019 Monthly Shoko Chukin Bank December 2015 April 2019 Monthly Shoko Chukin Bank December 2015 May 2019 Monthly Shoko Chukin Bank December 2015 June 2019 Monthly Shoko Chukin Bank December 2015 July 2019 Monthly Shoko Chukin Bank December 2015 August 2019 Monthly Shoko Chukin Bank December 2015 September 2019 Monthly Shoko Chukin Bank December 2015 October 2019 Monthly Shoko Chukin Bank December 2015 November 2019 Monthly Shoko Chukin Bank December 2015 December 2019 Monthly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Shoko Chukin Bank December 2015 January 2020 Monthly Shoko Chukin Bank December 2015 February 2020 Monthly Shoko Chukin Bank December 2015 March 2020 Monthly Shoko Chukin Bank December 2015 April 2020 Monthly Shoko Chukin Bank December 2015 May 2020 Monthly Shoko Chukin Bank December 2015 June 2020 Monthly Shoko Chukin Bank December 2015 July 2020 Monthly Shoko Chukin Bank December 2015 August 2020 Monthly Shoko Chukin Bank December 2015 September 2020 Monthly Shoko Chukin Bank December 2015 October 2020 Monthly Shoko Chukin Bank December 2015 November 2020 Monthly Shoko Chukin Bank December 2015 January 2017 Monthly Shoko Chukin Bank December 2015 January 2017 Monthly Subtotal Total borrowings As of December 31, As of December 31, 2014 2015 RMB RMB Short-term Long-term, current portion Subtotal Long-term Total These loans are borrowed from various financial and non-financial institutions and all of them are for working capital and capital expenditure purpose. The borrowings outstanding as of December 31, 2014 and 2015 bore a weighted average interest rate of 6.07% and 5.70% per annum, respectively. The interest rates of unsecured short-term bank borrowings with principal amounts of RMB 2,090,953 and RMB 1,880,277 as of December 31, 2014 and 2015, respectively, ranged from 1.35% to 7.82% with a weighted average interest rate of 5.66% for 2014 and from 1.23% to 6.16% with a weighted average interest rate of 4.79% for 2015. The interest rate of short-term bank borrowings secured by restricted cash with principal amounts of RMB 600 as of December 31, 2014 was 6.15% in 2014. No short-term bank borrowings secured by restricted cash as of December 31, 2015. The interest rate of short-term bank borrowings secured by land use right, buildings, project assets, equity interest and related party with principal amount of RMB 183,980 and RMB 307,468 as of December 31, 2014 and 2015, ranged from 6.15% to 6.90% with a weighted average interest rate of 6.53% for 2014 and ranged from 4.00% to 7.00% with a weighted average interest rate of 6.05% for 2015. The interest rate of unsecured long-term bank borrowings with principal amounts of RMB 157,000 and RMB 429,229 as of December 31, 2014 and 2015, respectively, ranged from 6.52% to 6.77% with a weighted average interest rate of 6.64% for 2014 and from 1.65% to 6.60% with a weighted average interest rate of 6.04% for 2015. The interest rate of long-term bank borrowings secured by buildings, machineries and equipment, construction in progress, land use right, project assets, equity interest and restricted cash with principal amount of RMB 1,767,400 and RMB 2,137,400 as of December 31, 2014 and 2015, respectively, ranged from 6.15% to 7.01% with a weighted average interest rate of 6.46% for 2014 and from 1.65% to 7.01% with a weighted average interest rate of 6.28% for 2015. There was a short-term and long-term borrowing from the non-financial institution—Huaneng tiancheng financing lease co., LTD with principal amount of RMB 7,212 and RMB 132,788, secured by all the equity interest in Lincheng Jingneng as of December 31, 2015 whose interest rate is 7.10%. And there was no borrowing from non-financial institution as of December 31, 2014. The borrowings have 1-month to 182-month terms and expire at various times. The unused lines of credit were RMB 1,227,021, which were available as of December 31, 2015. Interest incurred for borrowings for the years ended December 31, 2013, 2014 and 2015 amounted to RMB 278,190, RMB 267,718 and RMB 274,476, respectively, of which RMB 37,495, RMB 38,053 and RMB 25,094 was capitalized in the cost of property, plant and equipment. As of December 31, 2015, the short-term bank borrowing of RMB 140,000 from Industrial Bank is secured by its buildings with the net book value of RMB 85,599; the short-term bank borrowing

Senior Convertible Notes

Senior Convertible Notes	12 Months Ended
	Dec. 31, 2015
4.5% Senior Convertible Notes due 2013
Senior Convertible Notes
Senior Convertible Notes	16. Senior Convertible Notes On May 13, 2008, the Company entered into an underwriting agreement for the sale by the Company to the public of $350,000 aggregate principal amount of 4.5% Senior Convertible Notes due 2013 (the “Senior Notes”). The Company granted to the underwriters a 30-day option to purchase up to an additional $50,000 aggregate principal amount of Senior Notes. On May 19, 2008, the Company completed its public offering of $400,000 aggregate principal amount of its Senior Notes which includes the underwriter’s exercise of their option. Net proceeds to the Company from the offering were approximately RMB 2,709,538. The Company’s financing costs of RMB 80,010 associated with the Senior Notes are amortized through interest expense over the life of the Senior Notes from May 2008 to the first put date, or May 2013 using the effective interest rate method. The amount amortized to interest expense for the year ended December 31, 2013 was RMB 2,606. This change in the balance of deferred issuance cost includes the pro-rata reduction of deferred issuance cost that is a component of the extinguished gain from the Senior Notes bought back by the Group. The Senior Notes bear interest at the rate of 4.5% per annum, payable semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2008. The Senior Notes will mature on May 15, 2013 unless previously repurchased by the Company or converted in accordance with their terms prior to such date. On or after May 15, 2011, the Company has the option to redeem for cash all or part of the Senior Notes at principal if the closing sale price of the Company’s ADS exceeds 130% of the then effective conversion price for at least 20 trading days during the period of the 30 consecutive trading days ending on the last trading day on which notice of redemption is provided. If certain fundamental changes occur at any time prior to maturity, holders of the Senior Notes may require the Company to repurchase their Senior Notes in whole or in part for cash equal to 100% of the principal amount of the Senior Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the date of repurchase. The interest expense recognized for interest payable to the Senior Notes holders was RMB 12,300 for the year ended December 31, 2013. Each $1,000 principal amount of the Senior Notes will initially be convertible into 6.5628 American Depository Shares, or ADSs, par value $.0001 per share at a conversion price of $152.375, subject to adjustment. The Senior Notes are convertible at maturity and upon certain other events, including when the trading price of the Company’s ADS exceeds 130% of the then effective conversion price for at least 20 trading days during the period of the 30 consecutive trading days ending on the last trading day of the previous fiscal quarter. The Company used the proceeds from the issuance of the Senior Notes for the purchase and construction of manufacturing equipment and facilities, the purchase and prepayment of raw materials, working capital and other general corporate purposes. The Company’s functional currency is different from the denomination of the Senior Notes and the Company’s early redemption option is contingent upon its ADS price. Therefore, in accordance with ASC 815, Derivatives and Hedging , the Company accounted for the conversion feature, early redemption option and conversion rate adjustment feature (together, “Embedded Derivatives”) as a freestanding instrument separately in the balance sheet. The Senior Notes were recorded with a discount equal to the value of the Embedded Derivatives at the transaction date and will be accreted to the redemption value of the Senior Notes over the life of the Senior Notes. The change in fair value of the Embedded Derivatives of RMB nil was recorded in Consolidated Statements of Operations and Comprehensive Loss for the year ended December 31, 2013. This change in fair value excludes the pro-rata reduction of the Embedded Derivatives that is a component of the extinguishment gain from the Senior Notes bought back by the Group. The interest expense recognized for accretion to the redemption value of the Senior Notes was RMB 24,216 for the year ended December 31, 2013. During the year ended December 31, 2013, the Company bought back US$ nil (par value) of the Senior Notes. The gain/(loss) from the Senior Notes buyback was RMB nil, for the year ended December 31, 2013. In May 2013, the Company repaid the remaining principal amount of RMB 723,742 and accrued interest of the Senior Notes. ADS Lending Agreement Concurrent with the offering and sale of the Senior Notes on May 12, 2008, the Company entered into a share lending agreement (the “ADS Lending Agreement”) with certain financial institutions (the “ADS Borrower (s)”), pursuant to which the Company loaned 2,625,104 ADSs (the “Loaned ADSs”) to the ADS Borrowers. These Loaned ADSs must be returned to the Company no later than May 15, 2013, or sooner if certain conditions are met. On September 15, 2008, one of the ADS borrowers, who the Company had loaned 1,312,552 ADSs, filed for protection under Chapter 11 of the federal Bankruptcy Code and was placed into administration proceeding in the United Kingdom. As a result of the bankruptcy filing and the administration proceeding, the ADS Lending Agreement automatically terminated and the ADS Borrower was contractually required to return the Loaned ADSs to the Company. The Company has since demanded the immediate return of all outstanding borrowed shares, however, the shares have not yet been returned. Also under the agreement, the ADS borrower was supposed to transfer collateral to an affiliate equal to the fair value of the shares loaned after it received a credit downgrade on September 15, 2008. Such collateral was to be held in a collateral account for the Company. No collateral transfer was made and the Company is not aware of any collateral account existing. While the Company believes it is exercising all of its legal remedies, it has included these shares in its per share calculation on a weighted average basis due to the uncertainty regarding the recovery of the borrowed shares. The Company accounts for the share lending arrangement in accordance with ASU 2009-15, Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance or Other Financing, which requires an entity that enters into an equity-classified share lending agreement, utilizing its own shares, in contemplation of a convertible debt issuance or other financing to initially measure the share lending arrangement at fair value and treat it as a cost of the financing. The Company estimated that the fair value of the share lending arrangement at issuance was RMB 230,729, which was recognized as an issuance cost of the Senior Convertible Notes, with an offset to additional paid-in capital. Issuance costs were deferred on the balance sheet and amortized over the life of the Senior Convertible Notes. In the year ended December 31, 2008, due to the bankruptcy of one of the ADS borrowers, the Company assessed it became probable that the borrower would default. As result, the Company recognized an expense of RMB 469,042, which equaled to the then fair value of the 1,312,552 ADSs lent to the borrower, net of the fair value of probable recoveries, with an offset to additional paid-in capital. Probable recoveries were estimated as nil at the time in 2008. The fair value of the outstanding loaned shares was RMB 35,230 (US$ 5,605) as of December 31, 2012. The unamortized amount of the issuance costs associated with the share-lending arrangement included in the deferred issuance cost in the balance sheet were RMB 8,253 as of December 31, 2012. The amount of interest cost recognized relating to the amortization of the issuance cost associated with the share-lending arrangement were RMB 29,537 and RMB 8,208 for the years ended December 31, 2012 and 2013, respectively. In June 2012, a Claims Determination Deed was entered into between the Company and One ADS Borrower (the “Claims Determination Deed”), admitting the Claim (the “Claim”) against the Borrower as a general unsecured claim which qualifies for dividends from the Borrower for an amount of GBP 38.2 million (RMB 380,075). On June 29, 2012, the Company entered into an agreement through private negotiation with a carefully selected group of claims purchasers to sell certain rights pertaining to the claim against the Borrower and all rights to receive distribution payments from the Borrower in exchange for cash consideration of GBP 37.1 million (RMB 369,153). As required under the claim transfer procedures, the joint administrators of the Borrower have acknowledged the sale of the Claim to the purchaser on August 9, 2012. There is no recourse from the purchaser to the Company if the claim is not satisfied in full by the Borrower. A gain of RMB 369,153 was recorded as other income in the Consolidated Statements of Operations and Comprehensive Loss in 2012. After the Company repaid the principal amount and accrued interest of the Senior Notes, the other ADS Borrower returned the Loaned ADS to the Company in full in May 2013.

Other payables to third parties

Other payables to third parties	12 Months Ended
	Dec. 31, 2015
Other payables to third parties
Other payables to third parties	17. Other payables to third parties Other payables consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Interest Payables for purchase of property, plant and equipment Payables for project assets Miscellaneous tax payables Logistic charges Payables for land use rights Deposits Capital lease (Refer to Note 13) — Labor services payables Others Total other payables

Accrued expenses

Accrued expenses	12 Months Ended
	Dec. 31, 2015
Accrued expenses
Accrued expenses	18. Accrued expenses Accrued expenses consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Interest Professional service fees Testing fee Logistic charges Tax Commission fee Rental fee Utilities Others Total accrued expenses

Accrued warranty cost

Accrued warranty cost	12 Months Ended
	Dec. 31, 2015
Accrued warranty cost
Accrued warranty cost	19. Accrued warranty cost The movement of Group’s accrued warranty costs for solar module is summarized below: As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Beginning balance Warranty provision Warranty utilization — — — Ending balance

Share-based compensation

Share-based compensation	12 Months Ended
	Dec. 31, 2015
Share-based compensation
Share-based compensation	20. Share-based compensation As of December 31,2015, the Company had two share-based compensation plans, which is described below. On August 18, 2006, the shareholders of the Company approved the 2006 Stock Incentive Plan (the “2006 Plan”), which permits the grant of share options and shares to its eligible recipients for up to 8,656,000 ordinary shares plus a number of ordinary shares equal to 10% of any additional share capital of the Company issued following the effective date of the 2006 Plan. The Group believes that such awards better align the interests of its employees with those of its shareholders. On June 30, 2014, the shareholders of the Company approved the 2014 Stock Incentive Plan (the “2014 Plan”). Under the 2014 Plan, the Company may grant options to purchase 10% of its total issued and outstanding shares as of the date when the board approves the 2014 Plan; provided that, the shares reserved in the award pool shall be increased automatically if and whenever the unissued shares reserved in the award pool accounts for less than 1% of the total then issued and outstanding shares, as a result of which increase the shares unissued and reserved in the award pool immediately after each such increase shall equal to 10% of the then issued and outstanding shares. The Group believes that such awards better align the interests of its employees with those of its shareholders. In general, the plan administrator determines or the evidence of the award specifies, the vesting schedule for each option grant. a) Options The Company did not grant any ordinary share option during the year ended December 31, 2015. The Group recognized a pre-tax charge of RMB 3,558, RMB 14,544 and RMB 8,865 (included in selling, general, and administrative expenses and manufacturing overhead, of which RMB 372, RMB 3 and RMB nil was capitalized in the cost of inventory as of December 31, 2013, 2014 and 2015, respectively), for the years ended December 31, 2013, 2014 and 2015 associated with the expensing of stock options, respectively. No option grants were made in 2013. The weighted-average grant-date fair value of options granted during the year ended December 31, 2014 was US$ 1.88 The amounts reversed associated with options forfeited were RMB 577, RMB 774 and RMB 895 for the years ended December 31, 2013, 2014 and 2015, respectively. The total income tax benefit recognized in the income statement for share-based compensation arrangements was nil for the periods. The Group used the forfeiture rate of 10.92%, 10.05% and 11.12% respectively for the years ended 2013, 2014 and 2015. As of December 31, 2013, 2014 and 2015, there was RMB 92, RMB 13,781 and RMB 4,362 of total unrecognized compensation cost related to non-vested share-based employees arrangements granted under the Plan, respectively. The cost is expected to be recognized over a remaining weighted-average period of 15 months. The Company expects to issue new shares to satisfy share option exercises. These options will become fully vested upon a change in control or on any date at the discretion of the plan administrator. The fair value of option grant is estimated on the date of grant using the Black-Scholes-Merton model with the following assumptions for options granted to employees during the year ended December 31, 2014: For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 Average risk-free rate — 1.80%~2.01% — Weighted average expected option life — 6years — Volatility rate — 56.22%~100.06% — Dividend — — — (1) The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of the awards in effect at the time of grant. (2) The average expected option life is based on the contractual term of the option and expected employee exercise and post-vesting employment termination behavior. Currently, it is based on the simplified approach. (3) The Company has no history or expectation of paying dividends on its ordinary shares. (4) The Company chose to use the historical volatility and implied volatility of a basket of comparable publicly-traded companies for a period equal to the expected term preceding the grant date. The following table summarizes information with respect to share options outstanding on December 31, 2015: Shares Weighted Average Exercise Price (US$) Weighted Average Remaining Contractual Life (Year) Intrinsic Value (US$, in thousands) Outstanding at December 31, 2012 — Granted — — — — Forfeited ) — — Exercised ) — — Outstanding at December 31, 2013 Granted — — Forfeited ) — — Exercised ) — — Outstanding at December 31, 2014 Granted — — — — Forfeited ) — — Exercised ) — — Outstanding at December 31, 2015 Exercisable at December 31, 2015 The total intrinsic value of options exercised during the years ended December 31, 2013, 2014 and 2015 was $134, $186 and $100, respectively. b) Restricted share units (“RSU”) RSUs are commitments made to issue ordinary shares at the time that each underlying RSU vests. The RSUs are not legally issued ordinary shares nor do they comprise outstanding ordinary shares and therefore, do not give their holders voting or dividend rights. Upon vesting, the shares will be issued by the Company. The following table summarizes information with respect to RSUs outstanding on December 31, 2015: Shares Weighted Average Fair Value (US$) Nonvested at December 31, 2012 Granted — — Vested ) Forfeited ) Nonvested at December 31, 2013 Granted Vested ) Forfeited ) Nonvested at December 31, 2014 Granted — — Vested ) Forfeited — — Nonvested at December 31, 2015 For RSUs, the Company recognized a pre-tax charge of RMB 5,843, RMB 1,737 and RMB 540 (included in selling, general, and administrative expenses) for the years ended December 31, 2013, 2014 and 2015, respectively. Unrecognized compensation expense related to the RSUs as of December 31, 2014 and 2015 were RMB 536 and RMB nil, respectively. The fair value of shares vested during the years ended December 31, 2013, 2014 and 2015 was RMB 2,182, RMB 1,000 and RMB 1,945, respectively.

Foreign currency forward contra

Foreign currency forward contracts	12 Months Ended
	Dec. 31, 2015
Foreign currency forward contracts
Foreign currency forward contracts	21. Foreign currency forward contracts The Group, as a result of its global operating and financing activities, is exposed to changes in foreign currency exchange rates which may adversely affect its results of operations and financial position. The Group uses foreign currency forward exchange contracts to hedge the exposure to foreign currency risk, primarily the EUR, GBP, USD and JPY. The purpose of the Group’s foreign currency derivative activities is to protect the Group from the risk that the RMB net cash flows resulting from forecasted foreign currency-denominated transactions will be negatively affected by changes in exchange rates. The Group uses foreign currency forward exchange contracts to offset changes in the amount of future cash flows associated with certain third-party sales expected to occur within the next 12 months. The Group accounts for derivative instruments pursuant to ASC 815, Derivatives and Hedging , as amended and interpreted, and recognizes all derivative instruments as either assets or liabilities at fair value in other assets or other liabilities in the Consolidated Balance Sheets. The recognition of gains or losses resulting from changes in the values of those derivative instruments is based on the use of each derivative instrument. The Group has evaluated various factors and determined whether there is effectiveness with respect to certain foreign-currency forward contracts and whether these foreign currency forward exchange contracts qualified for foreign currency cash flow hedge accounting. When the company formally designates a contract as a hedge and the hedging relationships are highly effective, the effective portion of the gain or loss on the derivative cash flow hedges is recorded in accumulated other comprehensive income, net of tax, until the underlying hedged transaction is recognized in the consolidated income statements. The ineffective portion of cash flow hedges, if any, is recognized in income immediately. The effectiveness of designated hedging relationships is tested and documented on quarterly basis. Gains or losses on those foreign currency forward exchange contracts which do not qualify for hedge accounting are recognized in change in fair value of derivatives in the Consolidated Statements of Operations and Comprehensive (Loss)/Income. During the year ended December 31, 2013, the Group entered into foreign exchange forward contracts with a notional amount of EUR 64,254, GBP 11,453, USD 20,683 and JPY 94,500. During the year ended December 31, 2014, the Group entered into foreign exchange forward contracts with a notional amount of EUR 75,164, GBP 171, USD 25,917 and JPY 922,031. During the year ended December 31, 2015, the Group entered into foreign exchange forward contract with a notional amount of EUR 26,686 and JPY 6,684,725. As of December 31, 2013, the Group had outstanding foreign currency forward exchange contracts with notional amounts of EUR 11,082. As of December 31, 2014, the Group had outstanding foreign currency forward exchange contracts with notional amounts of EUR 22,284 and JPY 384,584. As of December 31, 2015, the Group had outstanding foreign currency forward exchange contracts with notional amounts of JPY 1,846,515. The gain/(loss) from the change in the fair value on the effective portion of derivative cash flow hedges, which is recorded in accumulated other comprehensive income, net of tax, was RMB nil for the years ended December 31, 2013, 2014 and 2015. The gain/(loss) from the change in the fair value on those foreign currency forward exchange contracts not qualifying for hedge accounting, which is recorded in change in fair value of derivatives, was RMB (793) , RMB 10,470 and RMB 4,440 for the years ended December 31, 2013, 2014 and 2015, respectively (refer to Note 27). The following table displays the outstanding notional balances and the estimated fair value of the Group’s foreign-currency forward exchange contracts as of December 31, 2014 and 2015: As of December 31, As of December 31, As of December 31, As of December 31, 2014 2014 2015 2015 RMB RMB RMB RMB Notional Amount Estimate fair value Notional Amount Estimate fair value Foreign exchange forward contracts not designated as hedging instruments, recorded in other current assets

Issuance of ordinary shares and

Issuance of ordinary shares and warrants	12 Months Ended
	Dec. 31, 2015
Issuance of ordinary shares and warrants
Issuance of ordinary shares and warrants	22. Issuance of ordinary shares and warrants On August 14, 2013, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a single institutional investor, Capital Ventures International (the “Investor”), to issue in a registered direct offering an aggregate of US$ 24 million (RMB equivalent 147,998) for 15,228,425 ordinary shares, US$0.0001 par value per share, of the Company (“Ordinary Shares”), represented by 3,045,685 American Depositary Shares (each, an “ADS”) at a price of US$7.88 per ADS. The offering price is 94% of the volume-weighted average price of the Company’s ADSs on August 13, 2013 (i.e. US$ 8.383 per ADS per Bloomberg on August 13, 2013). The offering resulted in net proceeds of RMB128,529, after deducting the placement fees and offering expenses. Series A and B Warrants In conjunction with the ordinary share offering, the Company also issued to the Investor Series A-1 Warrant, Series A-2 Warrant, Series A-3 Warrant, and Series B Warrant (“Warrants”) to acquire up to 12,724,164 ordinary shares (or 2,544,833 ADSs), 12,724,164 ordinary shares (or 2,544,833 ADSs), 12,724,164 ordinary shares (or 2,544,833 ADSs), and 50,896,656 ordinary shares (or 10,179,332 ADSs), respectively. The Series A-1 warrant to purchase ordinary shares can be exercised on or prior to the date that is three months after the date it is issued at an initial exercise price of US$1.886 per ordinary share (equivalent to an exercise price of US$9.43 per ADS), subject to anti-dilution adjustments with respect to issuances of ordinary shares, options or convertible securities, or the modification of issued options or convertible securities. The Series A-2 warrant to purchase ordinary shares can be exercised on or prior to the date that is six months after the date it is issued at an initial exercise price of US$1.886 per ordinary share (equivalent to an exercise price of US$9.43 per ADS), subject to anti-dilution adjustments with respect to issuances of ordinary shares, options or convertible securities, or the modification of issued options or convertible securities. The Series A-3 warrant to purchase ordinary shares can be exercised on or prior to the date that is nine months after the date it is issued at an initial exercise price of US$1.886 per ordinary share (equivalent to an exercise price of US$9.43 per ADS), subject to anti-dilution adjustments with respect to issuances of ordinary shares, options or convertible securities, or the modification of issued options or convertible securities. The Series B warrant to purchase up ordinary shares represented by ADSs at an initial exercise price of US$2.18 per ordinary share (equivalent to an exercise price of US$10.90 per ADS), subject to anti-dilution adjustments with respect to issuances of ordinary shares, options or convertible securities, or the modification of issued options or convertible securities, and subject to reset on the date that is nine months after the date it is issued. The Series B Warrant being offered is exercisable on the date that is one day after the one-year anniversary of the date on which it is issued and expires on the date that is two years after the date on which the Series B Warrant is first exercisable. At any time after the issuance of warrants, the holders of the warrants shall be entitled to participate in such distribution to the same extent that the Holder would have participated therein if the Holder had held the number of Ordinary Shares and/or ADSs, as applicable, acquirable upon complete exercise of this Warrant (without regard to any limitations on exercise hereof, including without limitation). The holders of the warrants are entitled to receive any dividends paid or distributions made, except with respect to share dividends covered by the anti-dilution adjustment provision of the warrant, to the holders of our ordinary shares to the extent the holders of each warrant would have participated if such holders held a number of shares, acquirable upon exercise of such warrant. In November 2013, February 2014, and May 2014, the Series A-1 Warrant, Series A-2 Warrant and Series A-3 Warrant, respectively, were exercised in full at the price of US$ 9.43 per ADS. The fair value of warrant liability for Series A-1 Warrant, Series A-2 Warrant and Series A-3 Warrant on respective warrant exercise date was RMB35,693, RMB2,797 and RMB 3,530, respectively, which was reclassified to additional paid-in- capital upon exercises. In accordance with ASC subtopic 815-10, the warrants are deemed legally detachable and separately exercisable from the ordinary shares and thus accounted for as a freestanding instrument. As the warrants are denominated in US Dollar, yet the Company’s functional currency is RMB, warrants are not considered indexed to the Company’s own stock. Accordingly, the warrants are liability derivatives which need to be fair valued on day one and mark to market subsequently at each reporting period end, with the fair value gain or loss arising from the re-measurement recognized in the Consolidated Statements of Operations and Comprehensive (Loss)/Income. On the transaction date, the sales proceeds are first allocated to the warrant based on the warrants’ full fair value of RMB 172,916 and the residual amount of the sales proceeds is allocated to the ordinary shares. The fair value of the warrants in excess of net proceeds of the equity offering of RMB 44,396, was charged to retained earnings as a deemed dividend due to this portion is a benefit transferred from existing shareholders to the new investor. Such amount charged as deemed dividend on the transaction date and is an adjustment to net loss available to attributable to JA Solar Holdings for basic and diluted EPS calculation, as an effective dividend from existing ordinary shareholders. For the year ended December 31, 2014 and 2015, RMB 74,014 of gain and RMB 39,593 of gain, respectively, was recognized based on a subsequent change in fair value of the warrants in the Company’s Consolidated statements of Operations and Comprehensive (Loss) /Income.(Note 27) The series A-1, A-2, A-3 and B warrants are participating securities because they had contractual rights to share in the profits but not losses of the Company. For the year ended December 31, 2013, the computation of basic loss per share using the two-class method was not applicable as the Company was in a net loss position. For the years ended December 31, 2014 and 2015, the computation of basic earnings per share using the two-class method was applicable as the Company was making profit in year 2014 and 2015.

Mainland China contribution pla

Mainland China contribution plan and profit appropriation	12 Months Ended
	Dec. 31, 2015
Mainland China contribution plan and profit appropriation
Mainland China contribution plan and profit appropriation	23. Mainland China contribution plan and profit appropriation a) China contribution plan Full-time employees of the Group in the PRC participate in a government-mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. PRC labor regulations require the Group to accrue for these benefits based on certain percentage of the employees’ salaries. However, the Group is not responsible for meeting any obligations under the plan. The total contribution for such employee benefits was RMB 96,062, RMB 104,719 and RMB 127,860 for the years ended December 31, 2013, 2014 and 2015, respectively. b) Statutory reserves Pursuant to laws applicable to entities incorporated in the PRC, the subsidiaries in the PRC should make appropriations from after-tax profit to non-distributable reserve funds. These reserve funds include the following: (i) a general reserve, (ii) an enterprise expansion fund and (iii) a staff bonus and welfare fund. The subsidiaries in the PRC are required to transfer at least 10% of their profit after taxation (as determined under accounting principles generally accepted in the PRC (“PRC GAAP”) at each year-end) to the general reserve fund until the reserve balance reaches 50% of their respective registered capital. The appropriations to other funds are at the PRC subsidiaries’ discretion. These reserve funds can only be used for specific purposes of enterprises expansion, staff bonus, and welfare and not distributable as cash dividends. The general reserves made by the Group’s PRC subsidiaries in 2013, 2014 and 2015 were RMB 1,760, RMB 26,657 and 116,337, respectively. During the year ended December 31, 2013, the Group made a reversal of RMB 8,257, from the common statutory reserve fund to retained earnings due to an adjustment related to income tax filing difference was made in its local PRC GAAP accounts. c) Restricted capital The following paid-in-capital amounts are unavailable for distribution as nominal dividends to the Company: Legal Entity Paid-in Capital restricted JingAo Solar Co., Ltd. RMB 2,600,000 Shanghai JA Solar Technology Co., Ltd. USD 80,000 Shanghai JA Solar PV Technology Co., Ltd. USD 20,000 JA Solar Technology Yangzhou Co., Ltd. USD 260,000 Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. USD 108,000 JA Yangzhou PV Technology Co., Ltd. USD 10,000 Shanghai Jinglong Solar Technology Co., Ltd. RMB 180,000 Donghai JA Solar Technology Co., Ltd. RMB 50,000 JA (Hefei) Renewable Energy Co., Ltd. USD 15,000 Hefei JA Solar Technology Co., Ltd. RMB 1,440,000 Solar Silicon Valley Electronic Science and Technology Co., Ltd. USD 36,986 JA Solar Investment (China) Co., Ltd. USD 50,000 Dunhuang JA Solar Power Development Co., Ltd. RMB 321,000 Hebei Ningjin Songgong Semiconductor Co., Ltd. RMB 275,000 JA Solar PV Technology Co., Ltd. USD 10,000 JA Solar PV Electric (Shexian) Co,. Ltd. RMB 9,000 Aiyouen Power Electric (Yinchuan) Co,. Ltd. RMB 26,000 JA Solar PV Electric (Baotou) Co,. Ltd. RMB 4,500 Beijing JA Solar PV Technology Co., Ltd. RMB 60,000 JA Solar PV Electric (Huanghua) Co,. Ltd. RMB 5,000 JA Solar PV Electric (Yanchi) Co,. Ltd. RMB 5,500 JA New Energy Development (Hebei) Co., Ltd. RMB 6,000 Other JA PV Electric companies RMB 226,318

Earnings (loss) per share

Earnings (loss) per share	12 Months Ended
	Dec. 31, 2015
Earnings (loss) per share
Earnings (loss) per share	24. Earnings (loss) per share Basic and diluted net (loss)/ earnings per share for the years ended December 31, 2013, 2014 and 2015 are calculated as follows: Year ended December 31, 2013 Year ended December 31, 2014 Year ended December 31, 2015 RMB RMB RMB Numerator: Net (loss)/income attributable to JA Solar Holdings ) Fair value of warrants in excess of net proceeds of equity offering ) — — Allocation of net income to participating warrant holder — ) ) Numerator for basic (loss)/earnings per share ) Dilutive effect of: Add back allocation to participating warrant holder (1) — — Excluding portion of fair value gain (2) — ) — Numerator for diluted earnings per share ) Denominator: Denominator for basic loss per share - weighted average ordinary shares outstanding Dilutive effect of share options and RSUs* — Dilutive effect of warrants* — — Denominator for diluted loss per share Basic (loss)/earnings per share ) Diluted (loss)/earnings per share ) (1) Net income has been adjusted to participating Series A-3 Warrant and Series B Warrant holder based on their respective rights to share in dividends in 2014. (2) The fair value gain represents the change in fair value of Series A-3 Warrant, which is deducted from income (numerator) in calculating diluted earnings per share. Series A-3 Warrant has dilutive effect as its exercise price of US$ 9.43 per ADS is less than average stock price during the period it was outstanding. * Potentially dilutive share options and RSUs totaling 3,433,109 in 2013 were not included in the calculation of dilutive earnings per share in 2013 because of their anti-dilutive effect. * Potentially dilutive warrants 30,806,670 in 2013 were not included in the calculation of dilutive earnings per share in 2013 because of their anti-dilutive effect. * Potentially dilutive share options and RSUs totaling 2,856,278 in 2014 were not included in the calculation of dilutive earnings per share in 2014 because of their anti-dilutive effect. * Potentially dilutive warrants 52,569,971 in 2014 were not included in the calculation of dilutive earnings per share in 2014 because of their anti-dilutive effect. Series B Warrant is anti-dilutive as the exercise price of US$ 10. 90 per ADS is higher than average stock price during the year. * Potentially dilutive share options and RSUs totaling 3,437,510 in 2015 were not included in the calculation of dilutive earnings per share in 2015 because of their anti-dilutive effect. * Potentially dilutive warrants 50,896,656 in 2015 were not included in the calculation of dilutive earnings per share in 2015 because of their anti-dilutive effect. Series B Warrant is anti-dilutive as the exercise price of US$ 10. 90 per ADS is higher than average stock price during the year.

Related party transactions

Related party transactions	12 Months Ended
	Dec. 31, 2015
Related party transactions
Related party transactions	25 Related party transactions a) Amounts due to related parties consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Short-term: Payables to Hebei Jinglong Industry and Commerce Group Co., Ltd. (“Hebei Jinglong”) Payables to Jing Wei Electronics Co., Ltd.(“Jing Wei”) Payables to Xingtai Jinglong Electronics and Materials Co., Ltd.(“Xingtai Jinglong”) Payables to Heibei Ningjin Songgong Electronics Co., Ltd. (“Songgong Electronics”) Payables to Yangguang Guifeng Electronics Co., Ltd.(“Yangguang Guifeng”) Payables to Ningjin Saimei Ganglong Electronics Co., Ltd. (“Saimei Ganglong”) Payables to Hebei Jinglong Fine Chemical Co., Ltd. (“Fine Chemical”) Payables to Hebei Jinglong Sunshine Equipment Co., Ltd. Payables to Ningjin Jingxing Electronic Material Co., Ltd. Others Total amounts due to related parties b) Amounts due from related parties consisted of the following: As of December 31, As of December 31, 2014 2015 RMB RMB Short-term: Advance to related party suppliers, net Advances to Hebei Jinglong Accounts receivable from related party customers, net Receivables from JA Solar PV Electric (Lincheng) Co,. Ltd. (“Lin Cheng”) Receivables from Hebei Jinglong Receivables from Jing Wei Receivables from Xingtai Jinglong Receivables from Songgong Electronics Receivables from Yangguang Guifeng Receivables from others-short term Amount due from related parties: Loan to Yangzhou JA Property Co., Ltd. (“Yangzhou Property”) Amount due from others-short term Long-term: Advances to Hebei Jinglong-long term Total amounts due from related parties c) Transactions with Hebei Jinglong Wafer supply In July 2006, the Group entered into a master long-term supply contract (the “ Jinglong Long-term Supply Contract ”) with Hebei Jinglong for the supply of silicon wafers. Hebei Jinglong is owned by the shareholders of the largest shareholder of the Company, Jinglong Group Co., Ltd. (“Jinglong BVI”), and thus, is a related party of the Company. Mr. Baofang Jin, our executive chairman, owns 32.96% equity interests in each of Hebei Jinglong and Jinglong BVI. The Jinglong Long-term Supply Contract had an initial term of four and half years, from July 2006 to December 2010, which automatically extended for another three years until the end of 2013. The Group has also entered into various short-term supply contracts with Hebei Jinglong for the supply of silicon wafers (together with the Jinglong Long-term Supply Contract the “ Jinglong Supply Contracts ”). Under the Jinglong Supply Contracts, Jinglong Group has agreed to supply the Group with silicon wafers at prevailing market prices with a reasonable discount and under prepayment arrangements. The Group has entered into various supplemental agreements to the Jinglong Supply Contracts to specify certain performance terms, including amendment of prepayment amounts and their utilization. The prepayment and delivery terms under the existing Jinglong Long-term Supply Contract had been revised subsequently in August 2007, September 2008, and February 2009. The Group reviewed the contracts under ASC 815, Derivatives and Hedging , and ASC 810, Consolidation , and determined that they don’t contain an embedded derivative nor would the supplier contracts cause the supplier to be a variable interest entity. Due to the reorganization of Jinglong Group, Hebei Jinglong disposed its wafer production business in the middle of 2014. For the years ended 31 December2013, 2014 and 2015, the Group purchased RMB205,047, RMB nil and RMB nil respectively, of silicon wafers from Jinglong Group under the Jinglong Supply Contracts. Unused prepayments were RMB113,603, RMB70,145 and RMB65,951 at December 31, 2013, 2014 and 2015, respectively, and were recorded in advances to related party supplier in the consolidated balance sheet. The unused prepayment was deducted by the rental fee according to the supplemental agreements signed every quarter. Outsourcing service The Group outsourced wafer processing services to Hebei Jinglong, who helped the Group turn polysilicon into wafers. The outsourcing service fee was RMB1,024, RMB320 and RMB nil for Hebei Jinglong for the years ended December 31, 2013, 2014 and 2015 respectively. Hebei Jinglong changed its business and the Group outsourced wafer processing service to the subsidiaries of Hebei Jinglong since the middle of 2014. (Refer to Note 25(d)) Leasing The Group leases properties from Hebei Jinglong and another related party under operating lease agreements. The Group incurred rental expenses under operating lease agreements to Hebei Jinglong in the amounts of RMB42,089, RMB47,352 and RMB52,614 for the years ended December31, 2013, 2014 and 2015, respectively. d) Transactions with other related parties For the year ended December 31, 2013 For the year ended December 31, 2014 For the year ended December 31, 2015 RMB RMB RMB Sales of products Subsidiaries of Hebei Jinglong Ningjin Songgong — — Others — Total Purchase of products Subsidiaries of Hebei Jinglong Ningjin Songgong — — Total Processing service Subsidiaries of Hebei Jinglong Total Purchase of equipment and building Subsidiaries of Hebei Jinglong — Yangzhou Property — — Total — Sales of equipment Subsidiaries of Hebei Jinglong — — Total — — Provide entrusted loan Yangzhou Property Total Provide Guarantee Yangzhou Property — — Total — — Receive Guarantee Hebei Jinglong Yangzhou Property Total As of December 31, 2014 and 2015, the Group provided no guarantees to related parties while as of December 31, 2013, the Group provided guarantees to Yangzhou Property for a short-term borrowing with a principal of RMB 20,000. Meanwhile, the Group received guarantees from Yangzhou Property for a short-term borrowing with a principal of RMB 50,000, RMB 80,000 and RMB 80,000 in 2013, 2014 and 2015, respectively. No amounts have been accrued as a loss contingency related to this guarantee because payment by the Group is not probable. The fair value of the guarantee as of December 31, 2015 was not material. In addition, in June 2013, the Company provided an entrustment loan to Yangzhou Property with a principal of RMB 40,000, with an annual interest rate of 6.6% and will be due for repayment in one year. In 2014, the repayment date for the entrustment loan was extended to June 8, 2015. And in 2015, the repayment date for this loan is extended to June 10, 2016 with interest rate of 7%. In 2014, the Group purchased a block of building from Yangzhou Property for a consideration of RMB 77,398, which was based on the fair value of the building. In 2013 and 2015, there were no such transactions. The Group considers that these transactions were carried out at arm’s length with prices comparable to other similar transactions with unrelated third parties.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies.
Commitments and Contingencies	26. Commitments and Contingencies a) Supplier contract In order to better manage the Group’s unit costs and to secure adequate and timely supply of polysilicon and silicon wafers during the periods of shortages of polysilicon and silicon wafer supplies, the Group entered into a number of multi-year supply agreements in amounts that were expected to meet the Group’s anticipated production needs. As a condition to its receiving the raw materials under those agreements, and in line with industry practice, the Group was required to, and has made prepayments for all, or a portion, of the total contract price to the suppliers, which are then offset against future purchases. The Group has completed re-negotiating certain of its supplier arrangements and is currently in the process of re-negotiating the remaining prepayment obligations with its suppliers. Set out below are the Group’s fixed obligations under these multi-year contracts including “take or pay” arrangements. Obligations under Multi-year Supply Agreements, including “Take or Pay” Supply Agreements The Group’s multi-year supply agreements with some suppliers are structured as fixed price and quantity “take or pay” arrangements which allow the supplier to invoice the Group for the full stated purchase price of polysilicon or silicon wafers the Group is obligated to purchase each year, whether or not the Group actually purchases the contractual volume. In the years ended December 31, 2013 ,2014 and 2015, the Company failed to perform purchase obligations of RMB 259 million, 507 million and 877 million, respectively, under a take-or-pay supply agreement with Hemlock, as it is currently renegotiating with Hemlock. While its take-or-pay arrangements pursuant to certain LTAs are characterized as unconditional purchase commitments which require disclosure under ASC 440-10-50-2 and 4, a separate assessment is performed to determine whether losses should be accrued on those inventory purchase commitments in accordance with ASC 330-10-35-17 to 18. (Refer to Note 2(g) and Note 7 Inventories). In addition to the “take or pay” supply agreements, the Group has also entered into other multi-year supply agreements to purchase fixed volumes of polysilicon or silicon wafers from certain suppliers. Under these agreements, the purchase price is to be periodically adjusted based on prevailing market price or relevant energy price index. Purchases made under “take or pay” agreements amounted to RMB 957,358, RMB 1,581,048 and RMB 1,929,867for the years ended December 31, 2013, 2014 and 2015, respectively. The Group’s future obligations under multi-year supply agreements, including “take or pay” supply agreements are as follows: “Take or pay” supply agreements Other Multi-year supply agreements * Total (in RMB) (in RMB) (in RMB) Twelve Months Ending December 31 2016 2017 — 2018 — 2019 — 2020 — Total * includes only purchase commitments with fixed or minimum price provisions. In addition, the Group has also entered into other supply agreements with variable price provisions, under which the purchase price is based on market prices with price adjustment terms. The Group has committed to purchase polysilicon and silicon wafers with the quantity of 0 metric tons and 720 million pieces respectively during 2016 to 2018, which are with variable price provisions and not included in the above table. Outstanding supplier advances made to suppliers with whom the Group has entered into “take or pay” arrangements amounted to RMB 561,363 and RMB 341,447 as of December 31, 2014 and 2015, respectively. If the Group fails to meet the obligations, including purchase quantity commitments, under the amended agreements and are unable to further renegotiate the terms of these multi-year supply agreements, the Group may be forced to forfeit certain prepayment amounts and be subject to claims or other disputes which could materially and adversely affect the Group’s results of operations, and financial position. b) Litigation regarding the long-term supply contract with Hemlock The Group entered into a long-term polysilicon supply contract with Hemlock in March 2011 and the agreement is structured as fixed price and quantity “take or pay” arrangement from 2013 to 2020. Under the long-term supply contract, the Group is required to make the advance payments and purchase a contracted minimum volume of polysilicon at predetermined fixed prices and in accordance with a pre-determined schedule, commencing January 1, 2013. Due to significant decrease of silicon price in the market and uncertainties brought by high anti-dumping and anti-subsidy tariff imposed after the supply contract was signed, the Group believes performance of the contract is commercially unreasonable and therefore, it did not make full advance payment and accept any delivery in 2013 , 2014 and 2015. On March 31, 2015, Hemlock gave notice to the Group to terminate the long-term polysilicon supply contract with immediate effect. Hemlock stated that the reason for the termination was an alleged breach of the supply contract by the Group and demanded that the Group pay US$921 million, which comprised of the remaining advance prepayments, take-or-pay for the period from 2013 to 2020 and the financial penalty for the late payments till March 31, 2015. After the notice was received, management had several runs of negotiation with Hemlock. As of the date of this report, the Company is still in the process of negotiating with Hemlock and no formal agreement is reached. Due to the fact that no written agreement has been reached, the Group continued to assess whether there would be loss on firm purchase commitments by applying a methodology similar to that used in the lower of cost or market evaluation with respect to inventory, and concluded that no loss provision under the supply contract with Hemlock is required as of December 31, 2013, 2014and 2015. (Refer to Note 7 Inventory). As of December 31, 2014 and 2015, full provision with the amount of RMB63.3 million (US$10.2 million) was provided against the prepayment balance to Hemlock under the long-term supply contract. On April 18, 2016, the Group was served with court papers for a lawsuit brought by Hemlock against JA Yangzhou in the Supreme Court of the State of New York on January 20, 2015. Hemlock claimed damages in an amount to be proved at trial, of not less than US$921 million. The Group is currently reviewing the claim and is also continuing the negotiation with Hemlock. The Group is currently unable to estimate the possible loss or possible range of loss, if any, associated with the resolution of the lawsuit. Depending on the outcome, however, it might be possible that the Group might be liable for damages up to the claimed amount. c) Operating lease commitments As of December 31, 2014, the Group has several operating lease agreements to lease certain assets, including offices, dormitory and land. These non-cancelable operating leases expire from July 2010 to May 2017, with rental fees that approximates market rents. Future minimum obligations for operating leases are as follows: (in RMB) 2016 2017 2018 2019 Thereafter Total Rent expense under all operating leases was RMB 53,422, RMB 61,950 and RMB 74,275, for the years ended December 31, 2013, 2014 and 2015, respectively. d) Capital expenditure As of December 31, 2015, the Group had contracted for capital expenditure on machinery and equipment of RMB 581,680.

Fair value measurements

Fair value measurements	12 Months Ended
	Dec. 31, 2015
Fair value measurements
Fair value measurements	27. Fair value measurements ASC 820 establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Group. Unobservable inputs are inputs that reflect the Group’s assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. As such, fair value is a market-based measure considered from the perspective of a market participant who holds the asset or owes the liability rather than an entity-specific measure. The hierarchy is broken down into three levels based on the reliability of inputs as follows:  Level 1—Valuations based on quoted prices in active markets for identical assets or liabilities that the Group has the ability to access.  Level 2—Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, directly or indirectly.  Level 3—Valuations based on inputs that are unobservable and significant to the overall fair value measurement. When available, the Group uses quoted market prices to determine the fair value of an asset or liability. If quoted market prices are not available, the Group will measure fair value using valuation techniques that use, when possible, current market-based or independently sourced market parameters, such as interest rates and currency rates. Following is a description of the valuation techniques that the Group uses to measure the fair value of assets and liabilities that the Group measures and reports on its balance sheet at fair value on a recurring basis. Short-term financial instruments: The Group’s short-term financial instruments consist of cash and cash equivalents, restricted cash, accounts receivable and payable, notes receivable, short-term borrowings, and accrued expenses. The cost approximates the fair value because of the short maturity period. Long-term borrowings: The fair value is based on the amount of future cash flows associated with each debt instrument discounted at the Group’s current borrowing rate for similar debt instruments of comparable terms. The carrying values of the long-term borrowings approximate their fair values as all the long-term borrowings carries variable interest rates which approximate rates currently offered by the Group’s bankers for similar debt instruments of comparable maturities. Derivative assets and liabilities. The Group’s derivative assets and liabilities consist of embedded foreign currency derivatives in the Group’s sales and purchase contracts denominated in currencies other than Renminbi or the functional currency of the counterparty, the capped call transactions denominated in USD, embedded derivatives underlying convertible notes, foreign currency forward contract instruments and warrants derivatives . Since its capped call transactions, embedded derivatives underlying convertible notes and warrants derivatives are not traded on an exchange, they are valued using valuation models. Management is responsible for determining these fair values and considered a number of factors including valuations. The capped call transactions are valued using the Black Scholes Option Pricing Model. The embedded derivatives underlying convertible notes and warrants derivatives are bifurcated using the “with or without” approach. As there are interrelationships among the embedded derivatives, they are valued using a Monte Carlo simulation. Interest rate yield curves, foreign exchange rates, stock price, volatility, expected term, risk-free rate and fundamental change event probabilities are the significant inputs into these valuation models. The inputs used in the valuation of the capped call transactions are observable in active markets over the terms of the instruments the Group holds, and accordingly, the Group classifies these valuation techniques as Level 2 in the hierarchy. In regards to the embedded derivatives underlying convertible notes and warrants derivatives, fair value was determined using a “with and without” approach which was based on both Level 2 and Level 3 inputs. The Group determined that the Level 3 input, that is the fundamental change event probabilities, is significant to the overall fair value measurement. The Group considered the effect of its own credit standing and that of its counterparties in its valuations of its derivative financial instruments. The Group entered into foreign currency forward contracts that are designated as cash flow hedges of exchange rate risk related to forecasted foreign currency denominated sales. The Group’s financial instrument counterparties are high-quality commercial banks with significant experience with such instruments. Fair values of the Group’s forward contracts are determined using significant other observable inputs (Level 2 fair value measurements), and are based on the present value of expected future cash flows considering the risks involved and using discount rates appropriate for the duration of the contracts. Recurring change in fair value As of December 31, 2014, information about inputs into the fair value measurements of the Group’s assets and liabilities that are measured at fair value on a recurring basis in periods subsequent to their initial recognition is as follows: Fair Value Measurements at Reporting Date Using Description Balance as of 31 December 2014 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level3) Assets: Foreign exchange forward contract instruments — — Liabilities: Derivatives liabilities - warrants ) ) As of December 31, 2015, information about inputs into the fair value measurements of the Group’s assets and liabilities that are measured at fair value on a recurring basis in periods subsequent to their initial recognition is as follows: Fair Value Measurements at Reporting Date Using Description Balance as of 31 December 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Foreign exchange forward contract instruments — — Liabilities: Derivatives liabilities - warrants ) ) Assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3 valuation) A summary of changes in Level 3 warrant derivatives for the year ended December 31, 2014 was as follows: Balance at December 31, 2013 ) Unrealized gain included in change in fair value of warrant derivatives Exercise of warrants reclassified to additional paid —in capital Exchange loss ) Balance at December 31, 2014 ) A summary of changes in Level 3 warrant derivatives for the year ended December 31, 2015 was as follows: Balance at December 31, 2014 ) Unrealized gain included in change in fair value of warrant derivatives Exchange loss ) Balance at December 31, 2015 ) Change in fair value of derivatives The Change in fair value of derivatives recognized in earnings, excluding embedded derivatives underlying convertible notes repurchased which are recognized in buyback gain, was as follows: For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 Derivatives liabilities - warrants ) Foreign exchange forward contracts not designated as hedging instruments ) )

Segment information

Segment information	12 Months Ended
	Dec. 31, 2015
Segment information
Segment information	28. Segment information and operations by geographic area In accordance with FASB ASC 280-010-50-22, the Group considers the financial information reviewed by our CODM or otherwise regularly provided to the CODM, to identify its operating segment and the measures of profit or loss and total assets for each segment. The specific items or accounts included in the measure of segment profit or loss reviewed by our CODM or are otherwise regularly provided to the CODM are: revenue from external customer, intersegment revenue, gross profit/(loss), interest income and expenses, and income / (loss) before income taxes. The basis of accounting for recording revenue from external customer, intersegment sales and corresponding cost of sales, interest income and expenses, and income /(loss) before income taxes is in conformity with the accounting policies used in the consolidated financial statements, and such segment financial information is prepared and disclosed in accordance with aforementioned accounting basis, is on the same basis by which the Company reports internally to its CODM. The intersegment revenues from the sale of solar modules from manufacturing segment to solar projects segment were recorded based on amounts charged to the solar projects segment, which are generally determined using fair market price charged to independent third party customers. The corresponding cost of sales related to intersegment sales is recorded based on the actual costs of sales incurred by the solar product manufacturing segment. The Group’s operating segments have certain of their own dedicated administrative and corporate key functions, such as accounting, administration, procurements, marketing and human resource. Costs for these functions are recorded and included in the respective selling, general and administrative costs for each of our segment. With the growth of business of electricity generation in 2015, the CODM began to operate and manage its business by two segments — manufacturing segment and solar projects segment. The following table set forth the results of operations of the segments and reconciliation with consolidated results of operations for the years ended December 31, 2013, 2014 and 2015: Year Ended December31, 2015 RMB Manufacturing Solar projects Elimination* Total Revenues—third parties — Revenues—intersegment — ) — Gross profit— third parties — Gross profit—intersegment — ) — Depreciation, depletion, and amortization expense ) ) — ) Interest expense ) ) — ) Interest income — Income/(loss) before income taxes ) ) Total assets ) Year Ended December31, 2014 RMB Manufacturing Solar projects Elimination* Total Revenues—third parties — — Revenues—intersegment — ) — Gross profit— third parties — — Gross profit—intersegment — ) — Depreciation, depletion, and amortization expense ) — — ) Interest expense ) — — ) Interest income — Income/(loss) before income taxes ) ) Total assets ) Year Ended December31, 2013 RMB Manufacturing Solar projects Elimination* Total Revenues—third parties — — Revenues—intersegment — ) — Gross profit— third parties — — Gross profit—intersegment — ) — Depreciation, depletion, and amortization expense ) — — ) Interest expense ) — — ) Interest income — Loss before income taxes ) ) ) ) Total assets ) *Elimination refers to (1) the elimination of revenue and profit from the sale of solar modules from manufacturing segment to solar project segment; (2) the elimination of unsettled receivables from manufacturing segment and unsettled payables from solar projects segment resulting from the above sales of solar modules. The following table summarizes the Group’s net revenues generated from different geographic locations: Year Ended December31, 2013 2014 2015 RMB RMB RMB China Outside China: Japan Rest of the world Total outside China Total net revenue The Group’s long-lived fixed assets with an amount of RMB 401,473 were located in Malaysia, and the rest are substantially located in China.

Certain risks and uncertainties

Certain risks and uncertainties	12 Months Ended
	Dec. 31, 2015
Certain risks and uncertainties
Certain risks and uncertainties	29. Certain risks and uncertainties a) Major customers For the year ended December 31, 2013, 2014 and 2015, there is one customer located in Japan accounting for 18.6% , 28.8% and 12.5% of total revenue, respectively. Accounts receivable from the 3 customers with the largest receivable balances represents 17% and 23% of the balance of accounts receivable at December 31, 2014 and 2015, respectively. There is no accounts receivable from one customer occupied over 10% of total accounts receivable balance .The Group performs ongoing credit evaluations of its customers’ financial condition whenever deemed necessary and generally does not require collateral. The Group maintains an allowance for doubtful accounts based upon the expected collectability of all accounts receivable, which takes into consideration an analysis of historical bad debts, specific customer creditworthiness and current economic trends. b) Concentrations of credit risk Financial instruments that potentially subject the Group to significant concentrations of credit risk consist principally of cash and cash equivalent, accounts receivables and advances to suppliers. The Group places its cash and cash equivalents with high quality financial institutions in the PRC, US, Hong Kong, Japan and Malaysia and limits the amount of credit risk from any single institution. China does not have an official deposit insurance program, nor does it have an agency similar to The Federal Deposit Insurance Corporation (FDIC) in the United States. However, the Group believes that the risk of failure of any of these PRC banks is remote. Bank failure is extremely uncommon in China and the Group believes that those Chinese banks that hold the Company’s cash, cash equivalents and long term time deposit are financially sound based on public available information. The Group is also exposed to the credit and financial risks of its suppliers to which the Group made advances. The Group’s financial condition and results of operations may be materially affected if the suppliers fail to meet their obligations of supplying silicon materials according to the contractually agreed schedules. c) Foreign currency risk The RMB is not a freely convertible currency. The PRC State Administration for Foreign Exchange, under the authority of the People’s Bank of China, controls the conversion of RMB into foreign currencies. The value of the RMB is subject to changes in central government policies and to international economic and political developments affecting supply and demand in the PRC foreign exchange trading system market. The Group’s aggregate amount of cash and cash equivalents denominated in RMB amounted to RMB 1,121,695 and RMB 1,798,414 as of December 31, 2014 and 2015, respectively.

Ordinary shares

Ordinary shares	12 Months Ended
	Dec. 31, 2015
Ordinary shares
Ordinary shares	30. Ordinary shares The holders of ordinary shares in the Company are entitled to one vote per share and to receive ratably such dividends, if any, as may be declared by the board of directors of the Company. In the event of liquidation, the holders of ordinary shares are entitled to share ratably in all assets remaining after payment of liabilities. The ordinary shares have no preemptive, conversion, or other subscription rights.

Share repurchase

Share repurchase	12 Months Ended
	Dec. 31, 2015
Share repurchase
Share repurchase	31. Share repurchase On November 17, 2014, our board of directors approved US$90 million share repurchase program, which provided authorization to purchase up to US$90 million worth of our outstanding ADSs. During the year ended December 31, 2015, the Company repurchased 14,855,815 shares at a cost of US$22,441 (RMB 139,753). When the shares are repurchased for retirement, the excess of cost over par value is charged entirely to retain earnings.

Subsequent events

Subsequent events	12 Months Ended
	Dec. 31, 2015
Subsequent events
Subsequent events	32. Subsequent events The Group has performed an evaluation of subsequent events through the date the consolidated financial statements were issued.

Restricted net assets

Restricted net assets	12 Months Ended
	Dec. 31, 2015
Restricted net assets
Restricted net assets	33. Restricted net assets Relevant PRC laws and regulations permit PRC companies to pay dividends only out of their retained earnings, if any, as determined in accordance with PRC accounting standards and regulations. Additionally, the Company’s subsidiaries can only distribute dividends upon approval of the shareholders after they have met the PRC requirements for appropriation to statutory reserve. The statutory general reserve fund requires annual appropriations of 10% of net after-tax income should be set aside prior to payment of any dividends. As a result of these and other restrictions under PRC laws and regulations, the PRC subsidiaries and affiliates are restricted in their ability to transfer a portion of their net assets to the Company either in the form of dividends, loans or advances, which restricted portion amounted to approximately RMB 9,215,460 or 158.3% of the Company total consolidated net assets as of December 31, 2015. Even though the Company currently does not require any such dividends, loans or advances from the PRC subsidiaries and affiliates for working capital and other funding purposes, the Company may in the future require additional cash resources from its PRC subsidiaries and affiliates due to changes in business conditions, to fund future acquisitions and developments, or merely declare and pay dividends to or distributions to the Company’s shareholders, and if applicable, to the non-controlling interest.

Additional information - conden

Additional information - condensed financial statements of the Company	12 Months Ended
	Dec. 31, 2015
Additional information - condensed financial statements of the Company
Additional information - condensed financial statements of the Company	34. Additional information — condensed financial statements of the Company The separate condensed financial statements of JA Solar Holdings Co., Ltd. as presented below have been prepared in accordance with Securities and Exchange Commission Regulation S-X Rule 5-04 and Rule 12-04 and present the Company’s investments in its subsidiaries under the equity method of accounting as prescribed in ASC 323. Such investment is presented on the separate condensed balance sheets of the Company as “Investments in subsidiaries.” The condensed financial information of JA Solar Holdings Co., Ltd. has been presented for the period from January 1, 2013 to December 31, 2015. The subsidiaries did not pay dividend to the Company for the period presented. Except as disclosed in the consolidated financial statements as presented above, the Company did not have any significant contingency, commitment, long term obligation, or guarantee as of December 31, 2015. For the year ended December31, 2013 For the year ended December31, 2014 For the year ended December31, 2015 RMB RMB RMB Revenues — — — Total operating expenses ) ) ) Loss from operations ) ) ) Interest expense ) — — Change in fair value of derivatives ) Share of (loss)/income from subsidiaries ) Other (loss)/income ) (Loss)/income before income taxes ) Net (loss)/income ) Less: fair value of warrants in excess of net proceeds of equity offering — — Net (loss)/income attributable to JA Solar Holdings ) December 31, December 31, 2014 2015 RMB RMB ASSETS Current assets: Cash and cash equivalents Other current assets — Total current assets Investments in subsidiaries Amount due from subsidiaries Total assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Other payables to subsidiaries and employees Accrued and other liabilities Derivatives liabilities - warrants Total current liabilities Long-term amount due to subsidiaries Total liabilities Commitments and Contingencies Shareholders’ equity : Ordinary shares (US$0.0001 par value;500,000,000 shares authorized, 252,301,917 and 237,853,602 shares issued and outstanding as of December 31, 2014 and December 31, 2015) Additional paid-in capital Accumulated deficit/(surplus) ) Accumulated other comprehensive income/(loss) ) Total shareholders’ equity Total liabilities and shareholders’ equity For the year ended December 31, 2013 For the year ended December 31, 2014 For the year ended December 31, 2015 RMB RMB RMB Cash flows from operating activities: Net (loss)/Income ) Adjustments to reconcile net loss to net cash used in operating activities: Share-based compensation expense Share of (loss)/income from subsidiaries ) ) Amortization of deferred issuance cost and increase in accretion of convertible notes — — Change in the fair value of derivatives ) ) Exchange loss/(income) ) ) Changes in operating assets and liabilities: Decrease in other current assets Increase/(decrease) in other payables to subsidiaries and employees ) (Decrease)/increase in accrued and other liabilities ) Decrease in interest payable ) — — Net cash used in operating activities ) ) ) Cash flows from investing activities: Loans repayment by subsidiaries Net cash provided by investing activities Cash flows from financing activities: Proceeds from exercise of stock options Proceeds from short-term loan from subsidiaries — — Proceeds from long-term loan from subsidiaries — — Proceeds from issuance of ordinary shares — — Proceeds from issuance of ordinary shares upon exercise of warrants — Repurchase of ADS — — ) Repayment of long-term loan from subsidiaries ) ) ) Repurchase of senior convertible notes ) — — Net cash provided by/(used in) financing activities ) ) ) Effect of exchange rate changes on cash and cash equivalents Net increase/(decrease) in cash and cash equivalents ) ) Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year

Summary of significant accoun41

Summary of significant accounting policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of significant accounting policies
Basis of presentation and consolidation	a) Basis of presentation and consolidation The accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The consolidated financial statements include the financial statements of the Company and its subsidiaries. For consolidated subsidiaries where the Company’s ownership in the subsidiary is less than 100%, the equity interest not held by the Company is presented as non-controlling interest. All inter-company transactions and balances among the Company and its subsidiaries have been eliminated upon consolidation.
Use of estimates	b) Use of estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The Company bases its estimates on historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Significant accounting estimates reflected in the Company’s consolidated financial statements include allowance for doubtful accounts and advances to suppliers, valuation of inventories, derivative and other financial instruments, useful lives of long-lived assets, assumptions used to measure impairment of long-lived assets and equity method investment, determination of fair value of identifiable assets and liabilities acquired through business combination, accrual for warranty and other liabilities, provision for uncertain tax positions and deferred tax valuation allowances, loss contingency, provision for inventory purchase commitment and assumptions used in the computation of share-based compensation, including the associated forfeiture rates.
Fair value of financial instruments	c) Fair value of financial instruments The Company estimated the fair value of its financial assets and liabilities in accordance with ASC 820, Fair Value Measurements and Disclosure . ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (also referred to as an exit price). ASC 820 establishes a hierarchy for inputs used in measuring fair value that gives the highest priority to observable inputs and the lowest priority to unobservable inputs. Valuation techniques used to measure fair value shall maximize the use of observable inputs. When available, the Company measures the fair value of financial instruments based on quoted market prices in active markets, valuation techniques that use observable market-based inputs or unobservable inputs that are corroborated by market data. Pricing information the Company obtains from third parties is internally validated for reasonableness prior to use in the consolidated financial statements. When observable market prices are not readily available, the Company generally estimates the fair value using valuation techniques that rely on alternate market data or inputs that are generally less readily observable from objective sources and are estimated based on pertinent information available at the time of the applicable reporting periods. In certain cases, fair values are not subject to precise quantification or verification and may fluctuate as economic and market factors vary and the Company’s evaluation of those factors changes. Although the Company uses its best judgment in estimating the fair value of these financial instruments, there are inherent limitations in any estimation technique. In these cases, a minor change in an assumption could result in a significant change in its estimate of fair value, thereby increasing or decreasing the amounts of the Company’s consolidated assets, liabilities, shareholders’ equity and net income or loss.
Cash, cash equivalents and restricted cash	d) Cash, cash equivalents and restricted cash The Group considers all cash on hand and demand deposits as cash and considers all highly liquid investments with an original maturity of three months or less as cash equivalents. Restricted cash as of December 31, 2014 and 2015 represents amounts held by banks, which are not available for the Group’s use, as collateral for issuance of letters of credit, letters of guarantee, bank acceptance notes as well as certain borrowings.
Investments	e) Investments Investments in entities where the Group does not have a controlling financial interest, but have the ability to exercise significant influence over the operating and financial policies of the investee, are accounted for using the equity method of accounting. Investment in a joint venture or an affiliate is accounted for by the equity method of accounting as the Group has the ability to exercise significant influence but does not own a majority equity interest. Under the equity method of accounting, the Group’s share of the investee’s results of operations is included in equity gain/(loss) for the investee in the Group’s Consolidated Statements of Operations and Comprehensive (Loss)/Income. Unrealized gains on transactions between the Company and the joint venture or affiliate are eliminated to the extent of the Group’s interest in the joint venture or affiliate, if any; unrealized losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred. When the Group’s share of losses in the joint venture or affiliate equals or exceeds its interest in the joint venture or affiliate, the Group does not recognize further losses, unless the Group has incurred obligations or made payments on behalf of the joint venture or affiliate.
Account receivables and allowance for doubtful accounts	f) Account receivables and allowance for doubtful accounts Provisions are made against accounts receivable for estimated losses resulting from the inability of the Group’s customers to make payments. The Group periodically assesses accounts receivable balances to determine whether an allowance for doubtful accounts should be made based upon historical bad debts, specific customer creditworthiness and current economic trends. Accounts receivables in the balance sheets are stated net of such provision. The Group assesses the credit line and credit term for each customer, taking into consideration the credit worthiness of such customer, the payment history of such customer and macro-economic conditions of the regional market. The Group signs the sales contract and executes the transaction with the customer after sufficient credit assessment. After the sales are made, the Group closely monitors the collectability of receivables on an on-going basis for any subsequent changes in the customers’ financial position and credit rating, and any relevant circumstances which may impact collectability of the receivables. The Group generally will not enter into further transactions with any customers with significant overdue balances.
Inventories	g) Inventories Inventories are stated at the lower of cost or market value. Cost of inventories is determined by the weighted-average method. Cost of work-in-progress and finished goods are comprised of direct materials, direct labor and related manufacturing overhead based on normal operating capacity. Adjustments are recorded to write down the carrying amount of any obsolete and excess inventory to its estimated net realizable value. Certain factors could impact the realizable value of inventory, so the Group continually evaluates the recoverability based on assumptions about customer demand and market conditions. The evaluation may take into consideration historical usage, expected demand, anticipated sales price, new product development schedules, the effect new products might have on the sale of existing products, product obsolescence, customer concentrations, and other factors. The write-down is equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions. If actual market conditions are less favorable than those projected by management, additional inventory write-downs may be required that could negatively impact the Group’s gross margin and operating results. If actual market conditions are more favorable, the Group may have higher gross margin when products that have been previously written down are eventually sold. The Company assesses whether losses should be accrued on long-term inventory purchase commitments in accordance with ASC 330-10-35-17 to 18, which requires that losses that are expected to arise from those firm, non-cancellable, and unhedged commitments for the future purchase of inventory items, measured in the same way as inventory losses, should be recognized unless recoverable through firm sales contacts or when there are other circumstances that reasonably assure continuing sales without price decline. Under the long-term supply contracts (“LTAs”) between the Company and certain suppliers, polysilicon and silicon wafer purchase would be made pursuant to the purchase prices and quantities set forth in the relevant LTAs. As a result of the significant declines in the market prices of polysilicon and silicon wafer due to the significant downturn in the solar industry in recent years, the purchase prices set forth in certain LTAs exceeded market prices. At the end of each reporting period, the Company separately assesses the potential losses on those firm inventory purchases for each supplier. When making the assessment, the Company considers whether it is able to renegotiate with its suppliers and get positive outcome by taking into account various considerations, such as stated contract price, purchase price reduction, overall amendment to LTA to eliminate fixed price arrangement, its ability to obtain concessions (i.e., reduced purchase prices and/or additional quantities at no cost) so that the actual purchase prices are less than the stated contract prices or close to the market price at the time of purchase, historical outcome of the renegotiation with the same supplier, contract period, the minimum purchase quantity, tax costs involved in the import or export of raw materials and products, status of a particular LTA at the time of assessment, and other circumstances and uncertainties that may impact such assessment. If it is determined that a loss provision calculation is necessary considering the status of a LTA and all facts and circumstances impacting the evaluation, the Company follows the guidance of ASC 330-10-35-17 and assesses whether there should be loss on the firm purchase commitments by applying a methodology similar to that used in the lower of cost or market evaluation with respect to inventory. In assessing the potential loss provision, the Company uses the stated contract price and volume under the relevant LTA as the major assumptions. Loss provision will be provided if the net realizable value after considering estimated costs to convert those polysilicon into saleable finished goods is higher than market selling price of finished goods as of the end of a reporting period There was no loss provision recorded related to these long-term contracts in the years ended December 31, 2013, 2014 and 2015. (Refer to Note 7 Inventories)
Short-term and long-term advances to suppliers	h) Short-term and long-term advances to suppliers The Group provides short-term and long-term advances to secure its raw material needs, which are then offset against future purchases. The Group does not require collateral or other security against its advances to related or third party suppliers. The Group continually assesses the credit quality of its suppliers and the factors that affect the credit risk. If there is deterioration in the creditworthiness of its suppliers, the Group will seek to recover its advances from the suppliers and provide for losses on advances which are akin to receivables in selling, general and administrative expenses because of their inability to return its advances. Recoveries of the allowance for advances to supplier are recognized when they are received. The Group classified short-term and long-term advances to suppliers based on management’s best estimate of the expected purchase in the next twelve-months as of the balance sheet date and the Group’s ability to make requisite purchases under existing supply contracts. The balances expected to be utilized outside of the twelve months are recorded in long-term advances to suppliers.
Prepaid land use rights	i) Prepaid land use rights Land use rights are carried at cost less accumulated amortization and impairment losses, if any. Amortization is provided on a straight-line basis over the lease period of 40 or 50 years.
Property, plant and equipment, net	j) Property, plant and equipment, net Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis over the following estimated useful lives: Buildings 20 years Leasehold improvements Shorter of the lease term or their estimated useful lives Machinery and equipment 5-15 years Furniture and fixtures 5 years Motor vehicles 5 years Construction in progress primarily represents the construction of new production lines and buildings. Costs incurred in the construction are capitalized and transferred to property, plant and equipment when an asset is ready for its intended use, at which time depreciation commences. Interest expense incurred for qualifying assets are capitalized in accordance with ASC 835-20, Capitalization of Interest . Expenditures for repairs and maintenance are expensed as incurred. The gain or loss on disposal of property, plant and equipment, if any, is the difference between the net sales proceeds and the carrying amount of the disposed assets, and is recognized in the Consolidated Statements of Operations and Comprehensive (Loss)/Income upon disposal.
Leases	k) Leases Leases where substantially all the rewards and risks of ownership of assets remain with the leasing company are accounted for as operating leases. Other leases are accounted for as capital leases. Payments made under operating leases, net of any incentives received by the Company from the leasing company, are charged to the Consolidated Statements of Operations and Comprehensive (Loss)/Income on a straight-line basis over the lease periods. Leases that qualify as capital leases are recorded at the lower of the fair value of the asset or the present value of the future minimum lease payments over the lease term generally using the Company’s incremental borrowing rate. Assets leased under capital leases are included in property, plant and equipment and generally are depreciated over the lease term. Lease payments under capital leases are recognized as a reduction of the capital lease obligation and interest expense.
Business combination	l) Business combination Business combinations are accounted for under the acquisition method in accordance with ASC 805, Business Combinations. The consideration transferred is measured as the aggregate of the fair values at the date of exchange of the assets given, liabilities incurred, and equity instruments issued. The costs directly attributable to the acquisition are expensed as incurred. Identifiable assets, liabilities and contingent liabilities acquired or assumed are measured separately at their fair value as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of the (i) the fair value of consideration transferred , fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the fair value of consideration transferred, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquire is less than the fair value of the net assets of the entity acquired, the difference, a bargain purchase, is recognized as a gain directly in the Statements of Operations and Comprehensive (Loss)/Income upon obtaining control. In a business combination achieved in stages, the acquirer shall remeasure its previously held equity interest in the acquiree at its acquisition-date fair value and recognize the resulting gain or loss, if any, in earnings. The determination and allocation of fair values to the identifiable assets acquired and liabilities assumed, including non-controlling interests if applicable, is based on various assumptions and valuation methodologies requiring considerable management judgment. The most significant variables in these valuations are discount rates, terminal values, the number of years on which to base the cash flow projections, as well as the assumptions and estimates used to determine the cash inflows and outflows. Management determines discount rates to be used based on the risk inherent in the related activity’s current business model and industry comparisons. Terminal values are based on the expected life of assets and forecasted life cycle and forecasted cash flows over that period. Although management believes that the assumptions applied in the determination are reasonable based on information available at the date of acquisition, actual results may differ from the forecasted amounts and the difference could be material.
Intangible asset, net	m) Intangible asset, net Intangible assets primarily represent technical know-how, purchased accounting and operational software, and customer relationships acquired through business combinations. Technical know-how, contributed by one of the Group’s shareholders upon formation of JA Hebei, is carried at cost, less accumulated amortization. The technical know-how consists of one component relating to the commercial production process of photovoltaic solar cells. Amortization is calculated on a straight-line basis over the estimated useful life of eight years. Intangible assets acquired through business combinations are recognized as assets separate from goodwill if they satisfy either the “contractual-legal” or “separability” criterion. Customer relationship is recorded at fair value at the acquisition date less accumulated amortization. Amortization is calculated on a straight-line basis over the estimated useful life of five years. Purchased software and others with a finite useful life is being amortized on a straight line basis over its estimated useful life of three to ten years.
Impairment of long-lived assets	n) Impairment of long-lived assets The Group evaluates its long-lived assets and finite-lived intangible asset for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Factors considered important that could result in an impairment review include significant underperformance relative to expected historical or projected future operating results, significant changes in the manner of use of acquired assets and significant negative industry or economic trends. Impairments are recognized based on the difference between the fair value of the asset and its carrying value in the event that the carrying amount exceeds the estimated future undiscounted cash flow attributed to such assets. Fair value is generally measured based on either quoted market prices, if available, or discounted cash flow analyses. Additionally, determining fair values requires probability weighting the cash flows to reflect expectations about possible variations in their amounts or timing and the selection of an appropriate discount rate. Although cash flow estimates are based on relevant information available at the time the estimates are made, estimates of future cash flows are, by nature, highly uncertain and may vary significantly from actual results. Any write-downs would be treated as permanent reductions in the carrying amounts of the assets and an operating loss would be recognized.
Income taxes	o) Income taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax assets bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is provided to reduce the carrying amount of deferred tax assets if it is considered more likely than not that some portion, or all, of the deferred tax assets will not be realized. Uncertain tax position is accounted for in accordance with ASC 740-10-25, which clarifies the accounting for uncertain tax positions and requires that the Company recognizes in the consolidated financial statements the impact of an uncertain tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company’s accounting policy is to accrue interest and penalties related to uncertain tax positions, if and when required, as interest expense and a component of general and administrative expenses, respectively, in the Consolidated Statements of Operations and Comprehensive (Loss)/Income. In the years ended December 31, 2013, 2014 and 2015, the Group did not record any interest and penalties associated with uncertain tax positions as there were no uncertain tax positions.
Revenue recognition	p) Revenue recognition (i) Revenue recognition for solar modules, solar cells and other products (hereafter “solar products”) The Group recognizes revenue from the sale of solar products when the goods are delivered and title and risk of loss transfer is passed to the customers. The Group sells its solar products at agreed upon prices to its customers, which reflect prevailing market prices. The Group’s considerations for recognizing revenue are based on the following: · Persuasive evidence that an arrangement (sales contract) exists between a willing customer and the Group that outlines the terms of the sale (including customer information, product specification, quantity of goods, purchase price and payment terms). Customers do not have a right of return. The Group does provide a warranty on its solar module products. · For EX Works (“EXW”) terms, which mean that a seller has the goods ready for collection at its premises (works, factory, warehouse, plant), the contract specifies that the risks are assumed by the customer when the customer picks up the goods from the Company’s warehouse, at which time revenue is recognized. For FOB shipping point terms, the contract specifies that the customer takes title to the goods and is responsible for all risks and rewards of ownership once products are over shipping rail at the named loading port from the Company’s premises, at which time revenue is recognized. For CIF terms, the Company pays the costs of insurance and freight necessary to bring the goods to the named port of destination, but the title to and risk/rewards of ownership of the goods is passed to the buyer according to each of the contract term, which is defined in each contract. For Delivered Duty Paid (“DDP”) terms, the Company pays the costs of insurance and freight necessary to bring the goods to the named port of destination as well as the import duty, and the title to and risk/rewards of ownership of the goods is passed to the buyer once the goods are delivered and the import duty is paid. The point of delivery could be at the port of shipping, or it could also be when the goods arrive at the named port of destination. When title to the goods transfers at the port of shipping, the beneficiary of the insurance is the buyer and the Company has no obligations to the buyer if goods are damaged during shipping. Revenue is therefore, recognized when the title to and risk/rewards of ownership of the goods is passed to the buyer which is at port of shipping or port of destination, depending on the terms of the contract. · The Group’s price to the customer is fixed and determinable as specifically outlined in the sales contract. · For customers to whom credit terms are extended, the Group assesses a number of factors to determine whether collection from the customers is reasonably assured, including past transaction history with these customers and their credit-worthiness. All credit extended to customers is pre-approved by management. If the Group determines that collection is not reasonably assured, including cases where the customers retain a portion of the full contract price as retainage after a specific period, it defers the recognition of revenue until such criterion is met, which is generally upon receipt of payment. (ii) Revenue recognition for solar products processing The Group provides solar products processing services to customers with their own wafer/polysilicon supplies. Under certain of these solar products processing service arrangements, the Group purchases raw materials from a customer and agrees to sell a specified quantity of solar products produced from such materials back to the same customer. The Group records revenue from these processing transactions on a net basis, recording revenue based on the amount received for solar products sold less the amount paid for the raw materials purchased from the customer. (iii) Revenue recognition for electricity generation The Group recognizes electricity generation revenue when persuasive evidence of a power purchase arrangement with the power grid company exists, electricity has been generated and transmitted to the grid and the electricity generation records are reconciled with the grid companies, the price of electricity is fixed or determinable and the collectability of the resulting receivable is reasonably assured. The price of electricity includes a portion that is subsidized by the Chinese central government. Subsidized portion of electricity generation revenue is recognized after the Company meets the subsidy criterion, which includes electricity sales agreement with state grid, electricity generation and government approval of the Company’s application of the subsidy.
Cost of revenue	q) Cost of revenue Cost of revenue — solar products Cost of revenue for solar products includes production related direct labor, direct material cost , depreciation and amortization, indirect costs, shipping (freight in) and handling costs for products sold, inventory obsolescence and lower of cost or market charge, capacity underutilization charges and warranty cost. . Cost of revenue - solar products processing Cost of revenue for solar products processing includes direct labor, depreciation and amortization, indirect costs, and shipping and handling costs. Cost of revenue — electricity generation Cost of electricity generation revenue includes depreciation of solar power project assets and costs associated with operation and maintenance of the power plants came into use.
Project assets	r) Project assets Project assets consist primarily of direct costs relating to solar power projects in various stages of development. A project asset is initially recorded at the actual cost. For a self-developed project asset that is initially obtained by application of feed-in-tariff (“FIT”) contract and other required permits, consents, the actual cost capitalized is the amount of the expenditure incurred for the application of those contracts, permits, consents, material and labor costs, capitalized interest and other similar direct costs. For a project asset acquired from external parties, the initial cost is the acquisition cost which includes the consideration transferred and certain direct acquisition cost. Modules cost, equipment cost and development and others incurred in the project development process will build up the cost of project assets. As of December 31, As of December 31, 2014 2015 RMB RMB Project assets completed and connected to the grid Power station cost — Less: Accumulated depreciation — ) Subtotal — Project assets in-process Modules cost Equipment, development and other cost Subtotal Project assets, net The Company reviews project assets for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. In determining whether or not the project assets are recoverable, the Company considers a number of factors, including changes in environmental, ecological, permitting, marketing price or regulatory conditions that affect the project. Such changes may cause the cost of the project to increase or the selling price of the project to decrease. As of December 31, 2015, the Company impaired project assets with the amount of RMB 32,574 as a result of the Company’s decision to suspend the construction of these projects. No impairment of the project assets was recorded as of December 31, 2014. Costs capitalized in the construction of solar power plants under development will be transferred to solar power plants upon completion and when they are ready for its intended use, which is at the point when the solar power plant is connected to grids and begins to generate electricity. Depreciation of the completed solar power plant commences once the solar power plant is ready for its intended use. Depreciation will be computed using the straight-line method over the expected life of about 20 years (shorter of land use right or the estimated useful life of module used in project assets). As of December 31, 2015, RMB 601,226 of project assets had been completed and connected to the grid. Depreciation expenses of project assets were RMB25,685 for the years ended December 31, 2015. No solar power plant of the Company was ready for its intended use as of December 31, 2014. As of December 31, 2014, project assets with net book value of RMB 310,029 were pledged as collateral for the Group’s borrowings of RMB 200,000 from Industrial and Commercial Bank of China. As of December 31, 2015, project assets with net book value of RMB 601,226 were pledged as collateral for the Group’s borrowings of RMB 588,000 from Industrial and Commercial Bank of China.
Share based compensation	s) Share based compensation In accordance with ASC 718, Compensation-Stock Compensation , the Group measures the cost of employee services received in exchange for share-based compensation at the grant date fair value of the award. The Group recognizes the share-based compensation costs, net of a forfeiture rate, on a straight-line basis over the requisite service period for each separately vesting portion of the award as if the award was, in-substance, multiple awards. ASC 718 requires forfeitures to be estimated at the time of grant and revised in subsequent periods if actual forfeitures differ from those estimates.
Research and development	t) Research and development Research and development costs are expensed when incurred.
Advertising expenses	u) Advertising expenses Advertising expenses are expensed when incurred. Advertising expenses are not significant during any of the periods covered by these consolidated financial statements.
Warranty cost	v) Warranty cost Solar modules produced by the Group are typically sold with a 10-year guarantee for defects in materials and workmanship and a 10-year and 25-year warranty against declines of more than 10.0% and 20.0%, respectively, of the initial minimum electricity generation capacity at the time of delivery. The Group therefore maintains warranty reserves (recorded as accrued warranty costs) to cover potential liabilities that could arise from these guarantees and warranties. The potential liability is generally in the form of product replacement or repair. The Group accrues 1.0% of its net revenues attributable to module sales as warranty costs at the time revenues are recognized and include that amount in its cost of revenues. Due to limited warranty claim history, the Group accrues the estimated costs of warranties based on its own history, industry data and an assessment of its competitors’ accrual history. Through the Group’s relationships with, and its management’s experience working at, other solar power companies and on the basis of publicly available information regarding other solar power companies’ accrued warranty costs, the Group believes that accruing 1.0% of its net revenues attributable to module sales as warranty costs is within the range of industry practice and is consistent with industry-standard accelerated testing, which assists the Group in estimating the long-term reliability of solar modules, estimates of failure rates from its quality review and other assumptions that it believes to be reasonable under the circumstances. However, although the Group conducts quality testing and inspection of its solar module products, these products have not been and cannot be tested in an environment simulating the up to 25-year warranty periods. Actual warranty costs are accumulated and charged against the accrued warranty liability. To the extent that the actual warranty costs differ from the estimates, the Group will prospectively revise its accrual rate.
Foreign currencies translation	w) Foreign currencies translation The functional and reporting currency of the Company and the majority of its subsidiaries is Renminbi (“RMB”). Transactions denominated in other currencies are translated into RMB at the exchange rates quoted by the People’s Bank of China (the “PBOC”) prevailing when the transactions occur. Monetary assets and liabilities denominated in other currencies are translated into RMB at rates of exchange in effect at the balance sheet dates. All exchange gains and losses are included in the Consolidated Statements of Operations and Comprehensive (Loss)/Income as a separate line item after income/(loss) from operations. For the Company’s subsidiaries whose functional currency is not RMB, the asset and liability accounts are translated into RMB, its reporting currency, using exchange rates in effect at the balance sheet dates, equity accounts are translated at historical exchange rates, and income and expense items are translated using average exchange rates. Translation adjustments are reported as cumulative translation adjustments and are shown as a separate component of accumulative other comprehensive income, net of tax, in the Consolidated Statements of Operations and Comprehensive (Loss)/Income.
Segment reporting	x) Segment reporting The Group has adopted ASC 280, Segment Reporting, for its segment reporting. The Group’s chief decision-maker (“CODM”), which is identified as the Chief Executive Officer, reviews operating results to make decision about allocating resources and assessing performance by segment. The Group operates and manages its business by two segments. The Group’s first segment is the design, development, and manufacture of PV products (“manufacturing segment”). The Group’s second segment is the downstream solar projects (“solar projects segment”), through which the Group connects solar projects to the grid and get the revenue from electricity generation.
Commitments and Contingencies	y) Commitments and Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated.
Earnings/(loss) per share	z) Earnings/(loss) per share In accordance with ASC 260, Earnings Per Share , basic earnings/(loss) per share is computed by dividing net income/(loss) attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the year. Under the two-class method, net income is allocated between ordinary shares and other participating securities (i.e. warrants) based on their participating rights. Diluted earnings/(loss) per share is calculated by dividing net income/(loss) attributable to ordinary shareholders, as adjusted for the change in income or loss resulting from the assumed conversion of those participating securities, if any, by the weighted average number of ordinary shares and dilutive ordinary share equivalents outstanding during the year. Ordinary share equivalents consist of the ordinary shares issuable upon the conversion of the senior convertible notes (using the if-converted method) and ordinary shares issuable upon the exercise of outstanding share options and RSUs (using the treasury stock method). Potential dilutive securities are not included in the calculation of dilutive earnings per share if the effect is anti-dilutive.
Other Comprehensive income/ (loss)	aa) Other Comprehensive income/(loss) The Group has adopted ASC 220, Comprehensive Income . ASC 220 defines other comprehensive income/(loss) to include all changes in equity, including adjustments to minimum pension liabilities, accumulated foreign currency translation, unrealized gains or losses on available-for-sale marketable securities, and unrealized hedging gain/(loss) to the extent effective, except those resulting from investments by owners and distributions to owners.
Accounting for share lending arrangement	ab) Accounting for share lending arrangement The Company accounts for share lending arrangement in accordance with ASU 2009-15, Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance or Other Financing, which requires an entity that enters into an equity-classified share lending agreement, utilizing its own shares, in contemplation of a convertible debt issuance or other financing to initially measure the share lending arrangement at fair value and treat it as a cost of the financing. In addition, if it becomes probable that the counterparty to the arrangement will default, the issuer shall recognize an expense for the fair value of the unreturned shares, net of probable recoveries.
Share repurchase	ac) Share repurchase When the shares are repurchased for retirement, the excess of cost over par value is charged entirely to retain earnings.
Recent accounting pronouncements	ad) Recent accounting pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”), which contains new accounting literature relating to how and when a company recognizes revenue. Under ASU 2014-09, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods and services. ASU 2014-09 is effective for the Company’s fiscal year beginning January 1, 2018, which reflects a one year deferral approved by the FASB in July 2015, with early application permitted provided that the effective date is not earlier than the original effective date. The Company is in the process of determining what impact, if any, the adoption of ASU 2014-09 will have on its financial statements and related disclosures. The standard permits the use of either the full retrospective or modified retrospective transition method. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-03 “Simplifying the Presentation of Debt Issuance Costs”, which amends ASC Subtopic 835-30, Interest - Imputation of Interest. The amendments in this update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments. This ASU is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. As of December 31, 2015, the debt issuance costs of the Company is nil. In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory” (“ASU 2015-11”) which applies to inventory that is measured using first-in, first-out (“FIFO”) or average cost. Under the updated guidance, an entity should measure inventory that is within scope at the lower of cost and net realizable value, which is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Subsequent measurement is unchanged for inventory that is measured using last-in, first-out (“LIFO”). This ASU is effective for annual and interim periods beginning after December 15, 2016, and should be applied prospectively with early adoption permitted at the beginning of an interim or annual reporting period. The Company has evaluated the impact of adopting this guidance and has concluded it will likely have no effect on the financial statements as the Company’s adjustments already reflect the concept of net realizable value. Inventory provisions are generally full write-downs for the affected inventory. In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”. This ASU amends existing guidance to require that deferred income tax liabilities and assets be classified as noncurrent in a classified balance sheet, and eliminates the prior guidance which required an entity to separate deferred tax liabilities and assets into a current amount and a noncurrent amount in a classified balance sheet. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted as of the beginning of an interim or annual period. Additionally, the new guidance may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has not yet selected an adoption method. The impact of adopting this guidance is not expected to be material to the consolidated financial statements given the Company’s deferred tax amounts. As of December 31, 2015, the current portion of deferred tax assets and deferred tax liability is RMB 139,143 and RMB nil, respectively. In February 2016, the FASB issued an ASU 2016-02, “Leases (Topic 842).” The core principle of Topic 842 is that a lessee should recognize the assets and liabilities that arise from leases. All leases create an asset and a liability for the lessee in accordance with FASB Concepts Statement No. 6, Elements of Financial Statements, and, therefore, recognition of those lease assets and lease liabilities represents an improvement over previous GAAP, which did not require lease assets and lease liabilities to be recognized for most leases. This ASU is effective for annual and interim periods beginning after December 15, 2018. Early adoption is permitted. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee have not significantly changed from previous GAAP. The Group is currently evaluating the impact the pronouncement will have on the Company’s financial statements and related disclosures. In March 2016, the FASB issued Accounting Standards Update (ASU) 2016-09 “Improvements to Employee Share-based Payment Accounting”, which amends ASC Topic 718, Compensation — Stock Compensation . The areas for simplification in this Update involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The amendments in this Update are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Group is currently evaluating the impact the pronouncement will have on the Company’s financial statements and related disclosures.

ORGANIZATION AND PRINCIPAL AC42

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)	12 Months Ended
	Dec. 31, 2015
ORGANIZATION AND PRINCIPAL ACTIVITIES
Schedule of percentage ownership in subsidiaries	As of December 31, 2015, the Company’s principal subsidiaries include the following entities: Date of Incorporation/Acquisition Place of Incorporation Percentage of Ownership JingAo Solar Co., Ltd. (“JA Hebei”) May 18, 2005 PRC % JA Development Co., Ltd. (“JA BVI”) July 6, 2006 BVI % Shanghai JA Solar Technology Co., Ltd. (“JA Fengxian”) November 16, 2006 PRC % JA Solar USA Inc. (“JA USA”) April 13, 2007 USA % Shanghai JA Solar PV Technology Co., Ltd. (“JA Zhabei”) June 22, 2007 PRC % JA Solar Technology Yangzhou Co., Ltd. (“JA Yangzhou”) November 19, 2007 PRC % JA Solar Hong Kong Limited (“JA Hong Kong”) December 10, 2007 Hong Kong % Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. (“JA Lianyungang”) October 11, 2008 PRC % JA Yangzhou PV Technology Co., Ltd. (“JA Yangzhou PV”) November 23, 2009 PRC % JA Solar GmbH (“JA GmbH”) February 17, 2010 Germany % Date of Incorporation/Acquisition Place of Incorporation Percentage of Ownership Shanghai Jinglong Solar Technology Co., Ltd. (“JA Jinglong”) July 5, 2010 PRC % Donghai JA Solar Technology Co., Ltd. (“JA Wafer R&D”) November 4, 2010 PRC % JA (Hefei) Renewable Energy Co., Ltd. (“JA Hefei Renewable Energy”) March 30, 2011 PRC % Hefei JA Solar Technology Co., Ltd. (“JA Hefei Technology”) July 8, 2011 PRC % JA Solar Investment China Co., Ltd (“JA Investment”) October 31, 2011 PRC % Silver Age Holdings Limited (“Silver Age”) November 30, 2011 BVI % Full Shine Holdings Limited (“Full Shine”) November 30, 2011 Hong Kong % Solar Silicon Valley Electronic Science and Technology Co., Ltd. (“Solar Silicon Valley”) November 30, 2011 PRC % JA Solar Japan Limited (“JA Japan”) July 12, 2012 Japan % Dunhuang JA Solar Power Development Co., Ltd (“JA Dunhuang”) July 23, 2012 PRC % Hebei Ningjin Songgong Semiconductor Co., Ltd. (“Ningjin Songgong”) January 29, 2013 PRC % JA Solar Investment (Hong Kong) Limited May 16, 2013 Hong Kong % JA Solar Australia PTY Limited June 12, 2013 Australia % JA Solar PV Technology Co., LTD January 13, 2014 PRC % JA Solar PV Electric (Shexian) Co,. Ltd March 10, 2014 PRC % Aiyouen Power Electric (Yinchuan) Co,. Ltd March 25, 2014 PRC % Beijing JA Solar PV Technology Co., Ltd. April 14, 2014 PRC % JA Solar PV Electric (Huanghua) Co,. Ltd July 1, 2014 PRC % JA Solar South Africa (PTY) Limited July 5, 2014 South Africa % JA Solar PV Electric (Yanchi) Co,. Ltd July 17, 2014 PRC % JA New Energy Development (Hebei) Co., Ltd. August 25, 2014 PRC % JA Solar PV Electric (Chifeng) Co,. Ltd October 20, 2014 PRC % JA Solar PV Electric (Wulanchabu) Co,. Ltd November 12, 2014 PRC % JA Solar Malaysia Sdn. Bhd. December 10, 2014 Malaysia % Jingneng New Energy Development (Renxian) Co., Ltd. March 23, 2015 PRC % Jingneng New Energy Development (Lincheng) Co., Ltd. (“Lincheng Jingneng”) April 20, 2015 PRC % JA Solar PV Electric (Jarud) Co., Ltd. May 5, 2015 PRC % JA Solar Technology (Karamay) Co., Ltd.” May 11, 2015 PRC % JA Solar (Xingtai) Co., Ltd. July 13, 2015 PRC % JA Solar PV Electric Hoboksar) Co., Ltd. July 27, 2015 PRC %

Summary of significant accoun43

Summary of significant accounting policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of significant accounting policies
Schedule of estimated useful lives of assets	Buildings 20 years Leasehold improvements Shorter of the lease term or their estimated useful lives Machinery and equipment 5-15 years Furniture and fixtures 5 years Motor vehicles 5 years
Schedule of projects asset	As of December 31, As of December 31, 2014 2015 RMB RMB Project assets completed and connected to the grid Power station cost — Less: Accumulated depreciation — ) Subtotal — Project assets in-process Modules cost Equipment, development and other cost Subtotal Project assets, net

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of unaudited pro forma results of operations	Year ended December 31, 2013 RMB (Unaudited) Pro forma revenue Pro forma net loss ) Pro forma loss attributable to holders of common shares ) Pro forma loss per share: Basic ) Diluted ) Weighted average number of shares used in computation: Basic Diluted
Ningjin Songgong
Schedule of acquired assets and liabilities based on their estimated fair values at acquisition date	As of January 31, 2013(1) RMB Assets acquired: Cash and cash equivalents Accounts receivable Short term prepayment Inventory Other current assets Long term prepayment Property, plant and equipment, net (2) Total assets acquired Liabilities Short-term borrowings Accounts payable Other payables Payroll and welfare payable Accrued expenses Total liabilities assumed Total fair value of net assets Less: Non-controlling interest Fair value of purchase consideration (1) The acquisition was completed on January 29, 2013. Considering the nominal financial impact of the two days from January 30 to January 31, 2013, we used January 31, 2013 as the acquisition date and the fair value assessment was made based on the financial information as of January 31, 2013. (2) The fair value of property, plant and equipment was recognized and measured at fair value using discounted future cash flow method. Accumulated depreciation was not carried forward.
JA MEMC
Schedule of acquired assets and liabilities based on their estimated fair values at acquisition date	As of June 24, 2014 RMB Assets acquired: Cash and cash equivalents Other current assets Property, plant and equipment, net (1) Total assets acquired Liabilities Accounts payable Other liabilities Total liabilities assumed Total fair value of net assets (1) The fair value of property, plant and equipment was recognized and measured at fair value using discounted future cash flow method. Accumulated depreciation was not carried forward.

Accounts Receivable, net (Table

Accounts Receivable, net (Tables)	12 Months Ended
	Dec. 31, 2015
Accounts Receivable, net
Schedule of allowance for doubtful accounts	As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Balance at beginning of the year Allowance made during the year Recoveries ) ) ) Amount written off against the allowance — ) ) Balance at end of the year

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2015
Inventories
Schedule of inventory	As of December 31, As of December 31, 2014 2015 RMB RMB Raw materials Work-in-progress Finished goods Total

Advances to suppliers (Tables)

Advances to suppliers (Tables)	12 Months Ended
	Dec. 31, 2015
Advances to suppliers
Schedule of outstanding prepayments, net of any allowance to individual suppliers in excess of 10% of total prepayments to suppliers	As of December 31, As of December 31, 2014 2015 RMB RMB Supplier A (third party) Supplier B (third party)
Schedule of allowance for advances to supplier	As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Balance at beginning of the year Allowance made during the year * Recoveries — ) — Written off ) — ) Balance at end of the year * As of December 31, 2014, full provision of RMB 63,331 was provided against the prepayment made to Hemlock under the long-term supply contract, as management could not conclude that such amount is recoverable. On March 31, 2015, the Company received a termination notice from Hemlock. (Refer to Note 26 Commitments and Contingencies)

Other current assets (Tables)

Other current assets (Tables)	12 Months Ended
	Dec. 31, 2015
Other current assets
Schedule of other current assets	As of December 31, As of December 31, 2014 2015 RMB RMB Input value-added tax recoverable Value-added tax refund from export sales Prepaid input VAT & customs duty for import machinery and materials Prepaid expenses Foreign exchange forward contract instruments Deposit receivable Current portion of land use rights Others

Property, plant and equipment49

Property, plant and equipment, net (Tables)	12 Months Ended
	Dec. 31, 2015
Property, plant and equipment, net
Schedule of property, plant and equipment	As of December 31, As of December 31, 2014 2015 RMB RMB Buildings Furniture, fixtures and office equipment Motor vehicles Machinery and equipment Leasehold improvements Total Less: accumulated depreciation ) ) Subtotal Construction-in-progress Property, plant and equipment, net

Intangible assets, net (Tables)

Intangible assets, net (Tables)	12 Months Ended
	Dec. 31, 2015
Intangible assets, net
Summary of intangible assets	Gross Accumulated Amortization Net RMB RMB RMB As of December 31, 2014 Technical know-how ) — Customer relationship ) Purchased software and others ) ) As of December 31, 2015 Technical know-how ) — Customer relationship ) Purchased software and others ) )

Income taxes (Tables)

Income taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income taxes
Schedule of tax benefit/(expense)	For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 Current tax ) ) ) Deferred tax ) )
Schedule of components of deferred tax assets	As of December 31, As of December 31, 2014 2015 RMB RMB Deferred tax assets: Temporary differences: Amortization of intangible assets Accrued warranty costs Accrued expenses Net loss carried forward Depreciation of property, plant and equipment Inventory write-down Allowance for doubtful accounts Allowance for advance to suppliers Impairment loss on property, plant and equipment and project assets Accrued interest Government grant for the acquisition of land use rights and property, plant and equipment Timing difference for revenue recognition of retainage contract Unrealized profit Others Deferred tax assets Deferred tax liabilities: Temporary differences: Capitalized interest ) ) Deferred tax liabilities ) ) Less: valuation allowance ) ) Deferred tax assets-net Deferred tax assets are analyzed as: As of December 31, As of December 31, 2014 2015 RMB RMB Current Non-Current Deferred tax liability are analyzed as: Current — — Non-Current ) ) ) )
Schedule of movement of the valuation allowance for deferred tax assets	As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Balance at beginning of the year Business combination — — Allowance made during the year Reversals and utilization ) ) ) Balance at end of the year
Schedule of reconciliation between provision for income tax	For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 PRC enterprise income tax )% % % Effect of permanent differences: Share based compensation and other permanent difference % % % Effect of tax holiday (1) % )% )% Difference of tax rates of subsidiaries outside of China (2) % )% )% Effect of tax rate change (3) )% % )% Additional tax for previously approved tax holiday — % — % — % Withholding tax for dividend distribution — % — % — % Intra-group investment disposal income subject to tax — % — % Valuation allowance % )% % )% % % (1) Effect of tax holiday is mainly due to certain subsidiaries are entitled ANTE with a preferential income tax of 15%. (2) Change of effect of difference of tax rates of subsidiaries outside of China is mainly due to impact from change in fair value generated from warrants in JA Cayman, which is not subject to income tax. (3) Change of tax rate increased from (0.32%) in 2013 to 24.30% in 2014 is due to the different enacted tax rate used in the calculation of deferred tax assets in 2014 for one subsidiary to reflect the decrease of tax rate, which resulted in the reduction of previously disclosed deferred tax asset benefit (gross amount). Deferred tax assets for this subsidiary have been fully provided for valuation allowance in both 2014 and 2013. Change of tax rate decreased from 24.30% in 2014 to (3.06%) in 2015 is due to the different enacted tax rate used in the calculation of deferred tax assets in 2015 for one subsidiary (JA Wafer R&D) to reflect the increase of tax rate due to ANTE recognition expires in 2015, which resulted in the addition of previously disclosed deferred tax asset benefit (gross amount). Deferred tax assets for this subsidiary have been fully provided for valuation allowance in both 2015 and 2014. The corresponding reversal of valuation allowance has been included in the line of valuation allowance.
Schedule of aggregate amount and per share effect of tax holiday	For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 The aggregate amount of effect Per share effect-basic Per share effect-diluted

Other long term liabilities (Ta

Other long term liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Other long term liabilities
Summary of the breakdown of other long term liabilities	As of December 31, As of December 31, 2014 2015 RMB RMB Government grant (1) Long term payables for purchase of property, plant and equipment — Capital lease (2) — Other Total (1) Government grants are recognized where there is reasonable assurance that the grant will be received and all attached conditions will be complied with. Grant relating to cash subsidies received by the Group’s entity in the PRC from various level of government authorities. The government subsidies are granted from time to time at the discretion of the relevant government authorities. Cash subsidies have no defined rules and regulations to govern the criteria necessary for companies to enjoy the benefits and are recognized as other income when received and when all conditions for their receipt have been satisfied. Grants for the acquisition of land use right and property, plant and equipment are recorded as long-term liabilities and amortized to other income over the amortization period, which represents the depreciable life of the related PP&E. Government grants received related to property, plant and equipment are classified as investing cash inflows on the Group’s consolidated cash flow statements. Government grants received related to land use right are classified as operating cash inflows on the Group’s consolidated cash flow statements just as company expenditures for land use rights are classified as operating cash outflows. The Group received government grant related to property, plant and equipment and land use rights of RMB 126,900, RMB 45,300 and RMB 230 during the years ended December 31, 2013, 2014 and 2015, respectively. As of December 31, 2014 and 2015, long-term liability balance of RMB 278,272 and RMB 250,122 was related to government grant for the acquisition of land use rights and property, plant and equipment, respectively. The Group recorded RMB 14,471, RMB 32,078 and RMB 35,555 as other income for the years ended December 31, 2013, 2014 and 2015, respectively, among which RMB 13,290, RMB 27,376, and RMB 28,380 are related to the amortization of government grant. (2) On December 31, 2015, the Company sold certain newly purchased equipment (“leased assets”) with carrying amount of RMB 44,350 to a third party (the “purchaser-lessor”) for cash consideration of RMB 41,808. Pursuant to the terms of the contract, the Company is required to pay to the purchaser-lessor quarterly lease payment over 3 years and is entitled to obtain the ownership of these equipment at a nominal price upon the expiration of the lease. The lease is classified as capital lease. As of December 2015, Rmb 12,805 is recognized as other payable (refer to Note 17) and Rmb 29,003 is recognized as other long term liability to the purchaser-lessor according to the contract term.

Prepaid land use rights (Tables

Prepaid land use rights (Tables)	12 Months Ended
	Dec. 31, 2015
Prepaid land use rights
Schedule of prepayment for land use rights	As of December 31, As of December 31, 2014 2015 RMB RMB Cost Less: accumulated amortization ) ) Net book value Current portion of prepaid land use rights (recorded in other current assets) Non-current portion of prepaid land use rights Total

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Borrowings
Schedule of borrowings	Lender Date of Borrowing Due Date Principal Amount ( in RMB) Interest Payment Periods As of December 31, 2014 Short-term loan: Industrial and Commercial Bank of China April 2014 March 2015 Monthly Industrial and Commercial Bank of China December 2014 October 2015 Monthly Industrial and Commercial Bank of China December 2014 June 2015 Monthly Industrial and Commercial Bank of China May 2014 April 2015 Monthly Industrial and Commercial Bank of China December 2014 June 2015 Monthly Bank of Communication January 2014 January 2015 Monthly Bank of Communication August 2014 February 2015 Together with principal Huaxia Bank March 2014 March 2015 Monthly Huaxia Bank April 2014 April 2015 Monthly Huaxia Bank May 2014 March 2015 Monthly China Merchant Bank October 2014 April 2015 Together with principal China Merchant Bank November 2014 May 2015 Together with principal China Merchant Bank September 2014 March 2015 Together with principal China Merchant Bank December 2014 June 2015 Together with principal China Merchant Bank December 2014 June 2015 Together with principal China Construction Bank April 2014 April 2015 Monthly China Construction Bank April 2014 April 2015 Monthly China Construction Bank April 2014 April 2015 Monthly China Construction Bank May 2014 May 2015 Monthly China Construction Bank November 2014 May 2015 Monthly China Construction Bank November 2014 May 2015 Monthly Bank of China June 2014 June 2015 Quarterly Bank of China September 2014 March 2015 Monthly Bank of China October 2014 April 2015 Monthly Industrial and Commercial Bank of China December 2014 November 2015 Monthly Agriculture Bank of China May 2014 May 2015 Monthly Agriculture Bank of China March 2014 March 2015 Monthly Agriculture Bank of China January 2014 January 2015 Monthly Agriculture Bank of China February 2014 February 2015 Monthly Agriculture Bank of China August 2014 January 2015 Together with principal Agriculture Bank of China August 2014 February 2015 Together with principal Agriculture Bank of China August 2014 January 2015 Together with principal Agriculture Bank of China August 2014 February 2015 Together with principal Agriculture Bank of China August 2014 January 2015 Together with principal Agriculture Bank of China September 2014 January 2015 Together with principal Agriculture Bank of China September 2014 March 2015 Together with principal Agriculture Bank of China September 2014 February 2015 Together with principal Agriculture Bank of China September 2014 March 2015 Together with principal Agriculture Bank of China September 2014 February 2015 Together with principal Agriculture Bank of China September 2014 February 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China November 2014 April 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China October 2014 March 2015 Together with principal Agriculture Bank of China November 2014 April 2015 Together with principal Agriculture Bank of China November 2014 April 2015 Together with principal Agriculture Bank of China December 2014 April 2015 Together with principal Agriculture Bank of China December 2014 May 2015 Together with principal Lender Date of Borrowing Due Date Principal Amount ( in RMB) Interest Payment Periods As of December 31, 2014 Agriculture Bank of China December 2014 May 2015 Together with principal Agriculture Bank of China December 2014 May 2015 Together with principal Bank of Xingtai September 2014 September 2015 Monthly Bank of Xingtai September 2014 March 2015 Monthly Industrial Bank Co., Ltd. April 2014 April 2015 Quarterly Bank of Xingtai June 2014 June 2015 Monthly Hefei S & T Rural Commercial Bank June 2014 May 2015 Quarterly Hefei S & T Rural Commercial Bank June 2014 May 2015 Quarterly Rural Credit Cooperative of Hebei March 2014 March 2015 Monthly Bank of Xingtai September 2014 March 2015 Monthly Bank of Xingtai September 2014 September 2015 Monthly Bank of Xingtai September 2014 March 2015 Monthly Bank of Xingtai September 2014 September 2015 Monthly Shanghai Pudong Development Bank August 2014 August 2015 Quarterly Industrial and Commercial Bank of China December 2014 May 2015 Quarterly Industrial and Commercial Bank of China December 2014 November 2015 Quarterly Subtotal Long-term loan due in one year: Agriculture Bank of China August 2012 February 2015 Quarterly Agriculture Bank of China August 2012 August 2015 Quarterly Agriculture Bank of China September 2012 August 2015 Quarterly Agriculture Bank of China September 2012 February 2015 Quarterly Subtotal Short-term borrowings and current portion of long term borrowings Long-term loan: Agriculture Bank of China June 2014 June 2016 Monthly Bank of Xingtai September 2014 September 2016 Monthly Bank of Xingtai September 2014 March 2016 Monthly Bank of Xingtai September 2014 March 2016 Monthly Bank of Xingtai September 2014 September 2016 Monthly Bank of Xingtai September 2014 March 2016 Monthly Bank of Xingtai September 2014 September 2016 Monthly Industrial and Commercial Bank of China July 2014 January 2017 Annually Industrial and Commercial Bank of China July 2014 January 2018 Annually Industrial and Commercial Bank of China August 2014 January 2019 Annually Industrial and Commercial Bank of China August 2014 January 2019 Annually Industrial and Commercial Bank of China August 2014 January 2018 Annually Industrial and Commercial Bank of China August 2014 January 2019 Annually Industrial and Commercial Bank of China December 2014 May 2016 Quarterly Industrial and Commercial Bank of China December 2014 November 2016 Quarterly Industrial and Commercial Bank of China December 2014 May 2017 Quarterly Industrial and Commercial Bank of China December 2014 November 2017 Quarterly Industrial and Commercial Bank of China December 2014 May 2018 Quarterly Industrial and Commercial Bank of China December 2014 November 2018 Quarterly Industrial and Commercial Bank of China December 2014 May 2019 Quarterly Industrial and Commercial Bank of China December 2014 November 2019 Quarterly Industrial and Commercial Bank of China December 2014 May 2020 Quarterly Lender Date of Borrowing Due Date Principal Amount ( in RMB) Interest Payment Periods As of December 31, 2014 Long-term loan: Industrial and Commercial Bank of China December 2014 November 2020 Quarterly Industrial and Commercial Bank of China December 2014 May 2021 Quarterly Industrial and Commercial Bank of China December 2014 November 2021 Quarterly Industrial and Commercial Bank of China December 2014 May 2022 Quarterly Industrial and Commercial Bank of China December 2014 November 2022 Quarterly Industrial and Commercial Bank of China December 2014 May 2023 Quarterly Industrial and Commercial Bank of China December 2014 November 2023 Quarterly Industrial and Commercial Bank of China December 2014 May 2024 Quarterly Industrial and Commercial Bank of China December 2014 November 2024 Quarterly Industrial and Commercial Bank of China December 2014 May 2025 Quarterly Industrial and Commercial Bank of China December 2014 November 2025 Quarterly Industrial and Commercial Bank of China December 2014 May 2026 Quarterly Industrial and Commercial Bank of China December 2014 November 2026 Quarterly Industrial and Commercial Bank of China December 2014 May 2027 Quarterly Industrial and Commercial Bank of China December 2014 November 2027 Quarterly Industrial and Commercial Bank of China December 2014 May 2028 Quarterly Industrial and Commercial Bank of China December 2014 November 2028 Quarterly Industrial and Commercial Bank of China December 2014 May 2029 Quarterly Industrial and Commercial Bank of China December 2014 December 2029 Quarterly Agriculture Bank of China August 2012 February 2017 Quarterly Agriculture Bank of China August 2012 August 2018 Quarterly Agriculture Bank of China August 2012 August 2019 Quarterly Agriculture Bank of China August 2012 February 2016 Quarterly Agriculture Bank of China August 2012 August 2016 Quarterly Agriculture Bank of China August 2012 August 2017 Quarterly Agriculture Bank of China August 2012 February 2018 Quarterly Agriculture Bank of China August 2012 February 2019 Quarterly Agriculture Bank of China September 2012 February 2016 Quarterly Agriculture Bank of China September 2012 August 2016 Quarterly Agriculture Bank of China September 2012 February 2017 Quarterly Agriculture Bank of China September 2012 August 2017 Quarterly Agriculture Bank of China September 2012 February 2018 Quarterly Agriculture Bank of China September 2012 August 2018 Quarterly Agriculture Bank of China September 2012 February 2019 Quarterly Agriculture Bank of China September 2012 August 2019 Quarterly Subtotal Total borrowings Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Short-term loan: Industrial and Commercial Bank of China April2015 January2016 Monthly Industrial and Commercial Bank of China June2015 February2016 Monthly Industrial and Commercial Bank of China September2015 March2016 Monthly Industrial and Commercial Bank of China July2015 April2016 Monthly Industrial and Commercial Bank of China October2015 August2016 Monthly Bank of Communications December2015 Decmember2016 Monthly Bank of Communications August2015 February2016 Monthly Hua Xia Bank April2015 April2016 Monthly Hua Xia Bank April2015 April2016 Monthly Hua Xia Bank June2015 June2016 Monthly Hua Xia Bank June2015 June2016 Monthly China Merchants Bank November2015 January2016 Together with principal China Merchants Bank September2015 March2016 Together with principal China Construction Bank December2015 June2016 Monthly China Construction Bank December2015 June2016 Monthly Bank of China July2015 July2016 Quarterly China Contruction Bank March2015 March2016 Monthly China Contruction Bank May2015 May2016 Monthly Industrial and Commercial Bank of China March2015 March2016 Monthly The Agricultural Bank of China January2015 January2016 Monthly The Agricultural Bank of China October2015 January2016 Together with principal The Agricultural Bank of China November2015 April2016 Together with principal The Agricultural Bank of China November2015 April2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 March2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China November2015 February2016 Together with principal The Agricultural Bank of China December2015 March2016 Together with principal The Agricultural Bank of China December2015 April2016 Together with principal The Agricultural Bank of China December2015 April2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 May2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 April2016 Together with principal The Agricultural Bank of China May2015 May2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal The Agricultural Bank of China December2015 June2016 Together with principal Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Short-term loan(continued): Bank of Hebei March2015 March2016 Monthly Industrial Bank February2015 February2016 Quarterly China Merchants Bank November2015 May2016 Monthly China Merchants Bank December2015 June2016 Monthly China Merchants Bank November2015 January2016 Monthly China Merchants Bank December2015 January2016 Monthly Hefei rural commercial bank of science and technology June2015 June2016 Quarterly Industrial Bank December2015 December2016 Quarterly Bank of Jiangsu November2015 November2016 Monthly Agricultural Bank of China December2015 December2016 Quarterly Huanengtiancheng financing lease co.,LTD December2015 September2016 Quarterly Huanengtiancheng financing lease co.,LTD December2015 December2016 Quarterly Ping An Bank September2015 September2016 Quarterly Shoko Chukin Bank December2015 February2016 Monthly Shoko Chukin Bank December2015 March2016 Monthly Shoko Chukin Bank December2015 April2016 Monthly Shoko Chukin Bank December2015 May2016 Monthly Shoko Chukin Bank December2015 June2016 Monthly Shoko Chukin Bank December2015 July2016 Monthly Shoko Chukin Bank December2015 August2016 Monthly Shoko Chukin Bank December2015 September2016 Monthly Shoko Chukin Bank December2015 October2016 Monthly Shoko Chukin Bank December2015 November2016 Monthly Subtotal Long-term loan due in one year: Agricultural Bank of China September2012 August2016 Quarterly Agricultural Bank of China August2012 August2016 Quarterly Agricultural Bank of China August2012 February2016 Quarterly Agricultural Bank of China September2012 February2016 Quarterly Industrial and Commercial Bank of China December2014 May2016 Quarterly Industrial and Commercial Bank of China January2015 May2016 Quarterly Industrial and Commercial Bank of China March2015 May2016 Quarterly Industrial and Commercial Bank of China May2015 May2016 Quarterly Industrial and Commercial Bank of China December2014 November2016 Quarterly Industrial and Commercial Bank of China January2015 November2016 Quarterly Industrial and Commercial Bank of China March2015 November2016 Quarterly Industrial and Commercial Bank of China May2015 November2016 Quarterly Xingtai bank September2014 March2016 Monthly Agricultural Bank of China June2014 June2016 Monthly Xingtai bank September2014 September2016 Monthly Xingtai bank September2014 September2016 Monthly Xingtai bank September2014 September2016 Monthly Xingtai bank September2014 March2016 Monthly Xingtai bank September2014 March2016 Monthly Subtotal Short-term borrowings and current portion of long term borrowings Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long-term loan: Agricultural Bank of China May 2015 May 2017 Monthly Agricultural Bank of China February 2015 February 2017 Monthly Industrial and Commercial Bank of China June 2015 June 2017 Monthly Industrial and Commercial Bank of China September 2015 September 2018 Monthly Industrial and Commercial Bank of China September 2015 April 2018 Monthly Industrial and Commercial Bank of China July 2014 January 2017 Yearly Industrial and Commercial Bank of China July 2014 January 2018 Yearly Industrial and Commercial Bank of China August 2014 January 2019 Yearly Industrial and Commercial Bank of China August 2014 January 2019 Yearly Industrial and Commercial Bank of China August 2014 January 2018 Yearly Industrial and Commercial Bank of China August 2014 January 2019 Yearly Industrial and Commercial Bank of China December 2014 May 2017 Quarterly Industrial and Commercial Bank of China December 2014 November 2017 Quarterly Industrial and Commercial Bank of China December 2014 May 2018 Quarterly Industrial and Commercial Bank of China December 2014 November 2018 Quarterly Industrial and Commercial Bank of China December 2014 May 2019 Quarterly Industrial and Commercial Bank of China December 2014 November 2019 Quarterly Industrial and Commercial Bank of China December 2014 May 2020 Quarterly Industrial and Commercial Bank of China December 2014 November 2020 Quarterly Industrial and Commercial Bank of China December 2014 May 2021 Quarterly Industrial and Commercial Bank of China December 2014 November 2021 Quarterly Industrial and Commercial Bank of China December 2014 May 2022 Quarterly Industrial and Commercial Bank of China December 2014 November 2022 Quarterly Industrial and Commercial Bank of China December 2014 May 2023 Quarterly Industrial and Commercial Bank of China December 2014 November 2023 Quarterly Industrial and Commercial Bank of China December 2014 May 2024 Quarterly Industrial and Commercial Bank of China December 2014 November 2024 Quarterly Industrial and Commercial Bank of China December 2014 May 2025 Quarterly Industrial and Commercial Bank of China December 2014 November 2025 Quarterly Industrial and Commercial Bank of China December 2014 May 2026 Quarterly Industrial and Commercial Bank of China December 2014 November 2026 Quarterly Industrial and Commercial Bank of China December 2014 May 2027 Quarterly Industrial and Commercial Bank of China December 2014 November 2027 Quarterly Industrial and Commercial Bank of China December 2014 May 2028 Quarterly Industrial and Commercial Bank of China December 2014 November 2028 Quarterly Industrial and Commercial Bank of China December 2014 May 2029 Quarterly Industrial and Commercial Bank of China December 2014 December 2029 Quarterly Industrial and Commercial Bank of China January 2015 May 2017 Quarterly Industrial and Commercial Bank of China January 2015 November 2017 Quarterly Industrial and Commercial Bank of China January 2015 May 2018 Quarterly Industrial and Commercial Bank of China January 2015 November 2018 Quarterly Industrial and Commercial Bank of China January 2015 May 2019 Quarterly Industrial and Commercial Bank of China January 2015 November 2019 Quarterly Industrial and Commercial Bank of China January 2015 May 2020 Quarterly Industrial and Commercial Bank of China January 2015 November 2020 Quarterly Industrial and Commercial Bank of China January 2015 May 2021 Quarterly Industrial and Commercial Bank of China January 2015 November 2021 Quarterly Industrial and Commercial Bank of China January 2015 May 2022 Quarterly Industrial and Commercial Bank of China January 2015 November 2022 Quarterly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Industrial and Commercial Bank of China January 2015 May 2023 Quarterly Industrial and Commercial Bank of China January 2015 November 2023 Quarterly Industrial and Commercial Bank of China January 2015 May 2024 Quarterly Industrial and Commercial Bank of China January 2015 November 2024 Quarterly Industrial and Commercial Bank of China January 2015 May 2025 Quarterly Industrial and Commercial Bank of China January 2015 November 2025 Quarterly Industrial and Commercial Bank of China January 2015 May 2026 Quarterly Industrial and Commercial Bank of China January 2015 November 2026 Quarterly Industrial and Commercial Bank of China January 2015 May 2027 Quarterly Industrial and Commercial Bank of China January 2015 November 2027 Quarterly Industrial and Commercial Bank of China January 2015 May 2028 Quarterly Industrial and Commercial Bank of China January 2015 November 2028 Quarterly Industrial and Commercial Bank of China January 2015 May 2029 Quarterly Industrial and Commercial Bank of China January 2015 December 2029 Quarterly Industrial and Commercial Bank of China March 2015 May 2017 Quarterly Industrial and Commercial Bank of China March 2015 November 2017 Quarterly Industrial and Commercial Bank of China March 2015 May 2018 Quarterly Industrial and Commercial Bank of China March 2015 November 2018 Quarterly Industrial and Commercial Bank of China March 2015 May 2019 Quarterly Industrial and Commercial Bank of China March 2015 November 2019 Quarterly Industrial and Commercial Bank of China March 2015 May 2020 Quarterly Industrial and Commercial Bank of China March 2015 November 2020 Quarterly Industrial and Commercial Bank of China March 2015 May 2021 Quarterly Industrial and Commercial Bank of China March 2015 November 2021 Quarterly Industrial and Commercial Bank of China March 2015 May 2022 Quarterly Industrial and Commercial Bank of China March 2015 November 2022 Quarterly Industrial and Commercial Bank of China March 2015 May 2023 Quarterly Industrial and Commercial Bank of China March 2015 November 2023 Quarterly Industrial and Commercial Bank of China March 2015 May 2024 Quarterly Industrial and Commercial Bank of China March 2015 November 2024 Quarterly Industrial and Commercial Bank of China March 2015 May 2025 Quarterly Industrial and Commercial Bank of China March 2015 November 2025 Quarterly Industrial and Commercial Bank of China March 2015 May 2026 Quarterly Industrial and Commercial Bank of China March 2015 November 2026 Quarterly Industrial and Commercial Bank of China March 2015 May 2027 Quarterly Industrial and Commercial Bank of China March 2015 November 2027 Quarterly Industrial and Commercial Bank of China March 2015 May 2028 Quarterly Industrial and Commercial Bank of China March 2015 November 2028 Quarterly Industrial and Commercial Bank of China March 2015 May 2029 Quarterly Industrial and Commercial Bank of China March 2015 December 2029 Quarterly Industrial and Commercial Bank of China May 2015 May 2017 Quarterly Industrial and Commercial Bank of China May 2015 November 2017 Quarterly Industrial and Commercial Bank of China May 2015 May 2018 Quarterly Industrial and Commercial Bank of China May 2015 November 2018 Quarterly Industrial and Commercial Bank of China May 2015 May 2019 Quarterly Industrial and Commercial Bank of China May 2015 November 2019 Quarterly Industrial and Commercial Bank of China May 2015 May 2020 Quarterly Industrial and Commercial Bank of China May 2015 November 2020 Quarterly Industrial and Commercial Bank of China May 2015 May 2021 Quarterly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Industrial and Commercial Bank of China May 2015 November 2021 Quarterly Industrial and Commercial Bank of China May 2015 May 2022 Quarterly Industrial and Commercial Bank of China May 2015 November 2022 Quarterly Industrial and Commercial Bank of China May 2015 May 2023 Quarterly Industrial and Commercial Bank of China May 2015 November 2023 Quarterly Industrial and Commercial Bank of China May 2015 May 2024 Quarterly Industrial and Commercial Bank of China May 2015 November 2024 Quarterly Industrial and Commercial Bank of China May 2015 May 2025 Quarterly Industrial and Commercial Bank of China May 2015 November 2025 Quarterly Industrial and Commercial Bank of China May 2015 May 2026 Quarterly Industrial and Commercial Bank of China May 2015 November 2026 Quarterly Industrial and Commercial Bank of China May 2015 May 2027 Quarterly Industrial and Commercial Bank of China May 2015 November 2027 Quarterly Industrial and Commercial Bank of China May 2015 May 2028 Quarterly Industrial and Commercial Bank of China May 2015 November 2028 Quarterly Industrial and Commercial Bank of China May 2015 May 2029 Quarterly Industrial and Commercial Bank of China May 2015 December 2029 Quarterly The Agricultural Bank of China August 2012 February 2017 Quarterly The Agricultural Bank of China August 2012 August 2018 Quarterly The Agricultural Bank of China August 2012 August 2019 Quarterly The Agricultural Bank of China August 2012 August 2017 Quarterly The Agricultural Bank of China August 2012 February 2018 Quarterly The Agricultural Bank of China August 2012 February 2019 Quarterly The Agricultural Bank of China September 2012 February 2017 Quarterly The Agricultural Bank of China September 2012 August 2017 Quarterly The Agricultural Bank of China September 2012 February 2018 Quarterly The Agricultural Bank of China September 2012 August 2018 Quarterly The Agricultural Bank of China September 2012 February 2019 Quarterly The Agricultural Bank of China September 2012 August 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2017 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2018 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2019 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2020 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2021 Quarterly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Huaneng tiancheng financing lease co., LTD December 2015 June 2021 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2021 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2021 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2022 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 March 2023 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 June 2023 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 September 2023 Quarterly Huaneng tiancheng financing lease co., LTD December 2015 December 2023 Quarterly Shoko Chukin Bank December 2015 February 2017 Monthly Shoko Chukin Bank December 2015 March 2017 Monthly Shoko Chukin Bank December 2015 April 2017 Monthly Shoko Chukin Bank December 2015 May 2017 Monthly Shoko Chukin Bank December 2015 June 2017 Monthly Shoko Chukin Bank December 2015 July 2017 Monthly Shoko Chukin Bank December 2015 August 2017 Monthly Shoko Chukin Bank December 2015 September 2017 Monthly Shoko Chukin Bank December 2015 October 2017 Monthly Shoko Chukin Bank December 2015 November 2017 Monthly Shoko Chukin Bank December 2015 December 2017 Monthly Shoko Chukin Bank December 2015 January 2018 Monthly Shoko Chukin Bank December 2015 February 2018 Monthly Shoko Chukin Bank December 2015 March 2018 Monthly Shoko Chukin Bank December 2015 April 2018 Monthly Shoko Chukin Bank December 2015 May 2018 Monthly Shoko Chukin Bank December 2015 June 2018 Monthly Shoko Chukin Bank December 2015 July 2018 Monthly Shoko Chukin Bank December 2015 August 2018 Monthly Shoko Chukin Bank December 2015 September 2018 Monthly Shoko Chukin Bank December 2015 October 2018 Monthly Shoko Chukin Bank December 2015 November 2018 Monthly Shoko Chukin Bank December 2015 December 2018 Monthly Shoko Chukin Bank December 2015 January 2019 Monthly Shoko Chukin Bank December 2015 February 2019 Monthly Shoko Chukin Bank December 2015 March 2019 Monthly Shoko Chukin Bank December 2015 April 2019 Monthly Shoko Chukin Bank December 2015 May 2019 Monthly Shoko Chukin Bank December 2015 June 2019 Monthly Shoko Chukin Bank December 2015 July 2019 Monthly Shoko Chukin Bank December 2015 August 2019 Monthly Shoko Chukin Bank December 2015 September 2019 Monthly Shoko Chukin Bank December 2015 October 2019 Monthly Shoko Chukin Bank December 2015 November 2019 Monthly Shoko Chukin Bank December 2015 December 2019 Monthly Lender Date of Borrowing Due Date Principal Amount (in RMB) Interest Payment Periods As of December 31, 2015 Long term loan (continued): Shoko Chukin Bank December 2015 January 2020 Monthly Shoko Chukin Bank December 2015 February 2020 Monthly Shoko Chukin Bank December 2015 March 2020 Monthly Shoko Chukin Bank December 2015 April 2020 Monthly Shoko Chukin Bank December 2015 May 2020 Monthly Shoko Chukin Bank December 2015 June 2020 Monthly Shoko Chukin Bank December 2015 July 2020 Monthly Shoko Chukin Bank December 2015 August 2020 Monthly Shoko Chukin Bank December 2015 September 2020 Monthly Shoko Chukin Bank December 2015 October 2020 Monthly Shoko Chukin Bank December 2015 November 2020 Monthly Shoko Chukin Bank December 2015 January 2017 Monthly Shoko Chukin Bank December 2015 January 2017 Monthly Subtotal Total borrowings
Schedule of borrowings by current and noncurrent classification	As of December 31, As of December 31, 2014 2015 RMB RMB Short-term Long-term, current portion Subtotal Long-term Total
Schedule of future principal repayments on the long-term borrowings	Year ending December 31, RMB 2016 2017 2018 2019 Thereafter Total

Other payables to third parti55

Other payables to third parties (Tables)	12 Months Ended
	Dec. 31, 2015
Other payables to third parties
Schedule of other payables to third parties	As of December 31, As of December 31, 2014 2015 RMB RMB Interest Payables for purchase of property, plant and equipment Payables for project assets Miscellaneous tax payables Logistic charges Payables for land use rights Deposits Capital lease (Refer to Note 13) — Labor services payables Others Total other payables

Accrued expenses (Tables)

Accrued expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Accrued expenses
Schedule of accrued expenses	As of December 31, As of December 31, 2014 2015 RMB RMB Interest Professional service fees Testing fee Logistic charges Tax Commission fee Rental fee Utilities Others Total accrued expenses

Accrued warranty cost (Tables)

Accrued warranty cost (Tables)	12 Months Ended
	Dec. 31, 2015
Accrued warranty cost
Summary of movement of Group's accrued warranty costs for solar module	As of December 31, As of December 31, As of December 31, 2013 2014 2015 RMB RMB RMB Beginning balance Warranty provision Warranty utilization — — — Ending balance

Share-based compensation (Table

Share-based compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Share-based compensation
Schedule of fair value assumptions for options granted to employees	For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 Average risk-free rate — 1.80%~2.01% — Weighted average expected option life — 6years — Volatility rate — 56.22%~100.06% — Dividend — — — (1) The risk-free interest rate is based on the U.S. Treasury yield for a term consistent with the expected life of the awards in effect at the time of grant. (2) The average expected option life is based on the contractual term of the option and expected employee exercise and post-vesting employment termination behavior. Currently, it is based on the simplified approach. (3) The Company has no history or expectation of paying dividends on its ordinary shares. (4) The Company chose to use the historical volatility and implied volatility of a basket of comparable publicly-traded companies for a period equal to the expected term preceding the grant date.
Schedule of information with respect to share options outstanding	Shares Weighted Average Exercise Price (US$) Weighted Average Remaining Contractual Life (Year) Intrinsic Value (US$, in thousands) Outstanding at December 31, 2012 — Granted — — — — Forfeited ) — — Exercised ) — — Outstanding at December 31, 2013 Granted — — Forfeited ) — — Exercised ) — — Outstanding at December 31, 2014 Granted — — — — Forfeited ) — — Exercised ) — — Outstanding at December 31, 2015 Exercisable at December 31, 2015
Schedule of information with respect to RSUs outstanding	Shares Weighted Average Fair Value (US$) Nonvested at December 31, 2012 Granted — — Vested ) Forfeited ) Nonvested at December 31, 2013 Granted Vested ) Forfeited ) Nonvested at December 31, 2014 Granted — — Vested ) Forfeited — — Nonvested at December 31, 2015

Foreign currency forward cont59

Foreign currency forward contracts (Tables)	12 Months Ended
	Dec. 31, 2015
Foreign currency forward contracts
Schedule of outstanding notional balances and the estimated fair value of the Group's foreign-currency forward exchange contracts	As of December 31, As of December 31, As of December 31, As of December 31, 2014 2014 2015 2015 RMB RMB RMB RMB Notional Amount Estimate fair value Notional Amount Estimate fair value Foreign exchange forward contracts not designated as hedging instruments, recorded in other current assets

Mainland China contribution p60

Mainland China contribution plan and profit appropriation (Tables)	12 Months Ended
	Dec. 31, 2015
Mainland China contribution plan and profit appropriation
Schedule of paid-in capital amounts unavailable for distribution as nominal dividends	Legal Entity Paid-in Capital restricted JingAo Solar Co., Ltd. RMB 2,600,000 Shanghai JA Solar Technology Co., Ltd. USD 80,000 Shanghai JA Solar PV Technology Co., Ltd. USD 20,000 JA Solar Technology Yangzhou Co., Ltd. USD 260,000 Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. USD 108,000 JA Yangzhou PV Technology Co., Ltd. USD 10,000 Shanghai Jinglong Solar Technology Co., Ltd. RMB 180,000 Donghai JA Solar Technology Co., Ltd. RMB 50,000 JA (Hefei) Renewable Energy Co., Ltd. USD 15,000 Hefei JA Solar Technology Co., Ltd. RMB 1,440,000 Solar Silicon Valley Electronic Science and Technology Co., Ltd. USD 36,986 JA Solar Investment (China) Co., Ltd. USD 50,000 Dunhuang JA Solar Power Development Co., Ltd. RMB 321,000 Hebei Ningjin Songgong Semiconductor Co., Ltd. RMB 275,000 JA Solar PV Technology Co., Ltd. USD 10,000 JA Solar PV Electric (Shexian) Co,. Ltd. RMB 9,000 Aiyouen Power Electric (Yinchuan) Co,. Ltd. RMB 26,000 JA Solar PV Electric (Baotou) Co,. Ltd. RMB 4,500 Beijing JA Solar PV Technology Co., Ltd. RMB 60,000 JA Solar PV Electric (Huanghua) Co,. Ltd. RMB 5,000 JA Solar PV Electric (Yanchi) Co,. Ltd. RMB 5,500 JA New Energy Development (Hebei) Co., Ltd. RMB 6,000 Other JA PV Electric companies RMB 226,318

Earnings (loss) per share (Tabl

Earnings (loss) per share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings (loss) per share
Schedule of basic and diluted net (loss)/earnings per share	Year ended December 31, 2013 Year ended December 31, 2014 Year ended December 31, 2015 RMB RMB RMB Numerator: Net (loss)/income attributable to JA Solar Holdings ) Fair value of warrants in excess of net proceeds of equity offering ) — — Allocation of net income to participating warrant holder — ) ) Numerator for basic (loss)/earnings per share ) Dilutive effect of: Add back allocation to participating warrant holder (1) — — Excluding portion of fair value gain (2) — ) — Numerator for diluted earnings per share ) Denominator: Denominator for basic loss per share - weighted average ordinary shares outstanding Dilutive effect of share options and RSUs* — Dilutive effect of warrants* — — Denominator for diluted loss per share Basic (loss)/earnings per share ) Diluted (loss)/earnings per share ) (1) Net income has been adjusted to participating Series A-3 Warrant and Series B Warrant holder based on their respective rights to share in dividends in 2014. (2) The fair value gain represents the change in fair value of Series A-3 Warrant, which is deducted from income (numerator) in calculating diluted earnings per share. Series A-3 Warrant has dilutive effect as its exercise price of US$ 9.43 per ADS is less than average stock price during the period it was outstanding. * Potentially dilutive share options and RSUs totaling 3,433,109 in 2013 were not included in the calculation of dilutive earnings per share in 2013 because of their anti-dilutive effect. * Potentially dilutive warrants 30,806,670 in 2013 were not included in the calculation of dilutive earnings per share in 2013 because of their anti-dilutive effect. * Potentially dilutive share options and RSUs totaling 2,856,278 in 2014 were not included in the calculation of dilutive earnings per share in 2014 because of their anti-dilutive effect. * Potentially dilutive warrants 52,569,971 in 2014 were not included in the calculation of dilutive earnings per share in 2014 because of their anti-dilutive effect. Series B Warrant is anti-dilutive as the exercise price of US$ 10. 90 per ADS is higher than average stock price during the year. * Potentially dilutive share options and RSUs totaling 3,437,510 in 2015 were not included in the calculation of dilutive earnings per share in 2015 because of their anti-dilutive effect. * Potentially dilutive warrants 50,896,656 in 2015 were not included in the calculation of dilutive earnings per share in 2015 because of their anti-dilutive effect. Series B Warrant is anti-dilutive as the exercise price of US$ 10. 90 per ADS is higher than average stock price during the year.

Related party transactions (Tab

Related party transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related party transactions
Schedule of balances due to related parties	As of December 31, As of December 31, 2014 2015 RMB RMB Short-term: Payables to Hebei Jinglong Industry and Commerce Group Co., Ltd. (“Hebei Jinglong”) Payables to Jing Wei Electronics Co., Ltd.(“Jing Wei”) Payables to Xingtai Jinglong Electronics and Materials Co., Ltd.(“Xingtai Jinglong”) Payables to Heibei Ningjin Songgong Electronics Co., Ltd. (“Songgong Electronics”) Payables to Yangguang Guifeng Electronics Co., Ltd.(“Yangguang Guifeng”) Payables to Ningjin Saimei Ganglong Electronics Co., Ltd. (“Saimei Ganglong”) Payables to Hebei Jinglong Fine Chemical Co., Ltd. (“Fine Chemical”) Payables to Hebei Jinglong Sunshine Equipment Co., Ltd. Payables to Ningjin Jingxing Electronic Material Co., Ltd. Others Total amounts due to related parties
Schedule of balances due from related parties	As of December 31, As of December 31, 2014 2015 RMB RMB Short-term: Advance to related party suppliers, net Advances to Hebei Jinglong Accounts receivable from related party customers, net Receivables from JA Solar PV Electric (Lincheng) Co,. Ltd. (“Lin Cheng”) Receivables from Hebei Jinglong Receivables from Jing Wei Receivables from Xingtai Jinglong Receivables from Songgong Electronics Receivables from Yangguang Guifeng Receivables from others-short term Amount due from related parties: Loan to Yangzhou JA Property Co., Ltd. (“Yangzhou Property”) Amount due from others-short term Long-term: Advances to Hebei Jinglong-long term Total amounts due from related parties
Schedule of sales of products to related parties	For the year ended December 31, 2013 For the year ended December 31, 2014 For the year ended December 31, 2015 RMB RMB RMB Sales of products Subsidiaries of Hebei Jinglong Ningjin Songgong — — Others — Total Purchase of products Subsidiaries of Hebei Jinglong Ningjin Songgong — — Total Processing service Subsidiaries of Hebei Jinglong Total Purchase of equipment and building Subsidiaries of Hebei Jinglong — Yangzhou Property — — Total — Sales of equipment Subsidiaries of Hebei Jinglong — — Total — — Provide entrusted loan Yangzhou Property Total Provide Guarantee Yangzhou Property — — Total — — Receive Guarantee Hebei Jinglong Yangzhou Property Total

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies.
Schedule of future obligations	“Take or pay” supply agreements Other Multi-year supply agreements * Total (in RMB) (in RMB) (in RMB) Twelve Months Ending December 31 2016 2017 — 2018 — 2019 — 2020 — Total * includes only purchase commitments with fixed or minimum price provisions.
Schedule of future minimum obligations for operating leases	(in RMB) 2016 2017 2018 2019 Thereafter Total

Fair value measurements (Tables

Fair value measurements (Tables)	12 Months Ended
	Dec. 31, 2015
Fair value measurements
Schedule of information about inputs into the fair value measurements of the Group's assets and liabilities that are measured at fair value on a recurring basis in periods subsequent to their initial recognition	Fair Value Measurements at Reporting Date Using Description Balance as of 31 December 2014 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level3) Assets: Foreign exchange forward contract instruments — — Liabilities: Derivatives liabilities - warrants ) ) Fair Value Measurements at Reporting Date Using Description Balance as of 31 December 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Foreign exchange forward contract instruments — — Liabilities: Derivatives liabilities - warrants ) )
Summary of changes in Level 3 warrant derivatives	Balance at December 31, 2013 ) Unrealized gain included in change in fair value of warrant derivatives Exercise of warrants reclassified to additional paid —in capital Exchange loss ) Balance at December 31, 2014 ) Balance at December 31, 2014 ) Unrealized gain included in change in fair value of warrant derivatives Exchange loss ) Balance at December 31, 2015 )
Schedule of change in fair value of derivatives	For the year ended For the year ended For the year ended December 31, 2013 December 31, 2014 December 31, 2015 Derivatives liabilities - warrants ) Foreign exchange forward contracts not designated as hedging instruments ) )

Segment information (Tables)

Segment information (Tables)	12 Months Ended
	Dec. 31, 2015
Segment information
Schedule of results of operations of the segments and reconciliation with consolidated results of operations	Year Ended December31, 2015 RMB Manufacturing Solar projects Elimination* Total Revenues—third parties — Revenues—intersegment — ) — Gross profit— third parties — Gross profit—intersegment — ) — Depreciation, depletion, and amortization expense ) ) — ) Interest expense ) ) — ) Interest income — Income/(loss) before income taxes ) ) Total assets ) Year Ended December31, 2014 RMB Manufacturing Solar projects Elimination* Total Revenues—third parties — — Revenues—intersegment — ) — Gross profit— third parties — — Gross profit—intersegment — ) — Depreciation, depletion, and amortization expense ) — — ) Interest expense ) — — ) Interest income — Income/(loss) before income taxes ) ) Total assets ) Year Ended December31, 2013 RMB Manufacturing Solar projects Elimination* Total Revenues—third parties — — Revenues—intersegment — ) — Gross profit— third parties — — Gross profit—intersegment — ) — Depreciation, depletion, and amortization expense ) — — ) Interest expense ) — — ) Interest income — Loss before income taxes ) ) ) ) Total assets ) *Elimination refers to (1) the elimination of revenue and profit from the sale of solar modules from manufacturing segment to solar project segment; (2) the elimination of unsettled receivables from manufacturing segment and unsettled payables from solar projects segment resulting from the above sales of solar modules.
Schedule of Group's net revenue generated from different geographic locations	Year Ended December31, 2013 2014 2015 RMB RMB RMB China Outside China: Japan Rest of the world Total outside China Total net revenue

Additional information - cond66

Additional information - condensed financial statements of the Company (Tables)	12 Months Ended
	Dec. 31, 2015
Additional information - condensed financial statements of the Company
Condensed Statement of Operations	For the year ended December31, 2013 For the year ended December31, 2014 For the year ended December31, 2015 RMB RMB RMB Revenues — — — Total operating expenses ) ) ) Loss from operations ) ) ) Interest expense ) — — Change in fair value of derivatives ) Share of (loss)/income from subsidiaries ) Other (loss)/income ) (Loss)/income before income taxes ) Net (loss)/income ) Less: fair value of warrants in excess of net proceeds of equity offering — — Net (loss)/income attributable to JA Solar Holdings )
Condensed Statement of Financial Position	December 31, December 31, 2014 2015 RMB RMB ASSETS Current assets: Cash and cash equivalents Other current assets — Total current assets Investments in subsidiaries Amount due from subsidiaries Total assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Other payables to subsidiaries and employees Accrued and other liabilities Derivatives liabilities - warrants Total current liabilities Long-term amount due to subsidiaries Total liabilities Commitments and Contingencies Shareholders’ equity : Ordinary shares (US$0.0001 par value;500,000,000 shares authorized, 252,301,917 and 237,853,602 shares issued and outstanding as of December 31, 2014 and December 31, 2015) Additional paid-in capital Accumulated deficit/(surplus) ) Accumulated other comprehensive income/(loss) ) Total shareholders’ equity Total liabilities and shareholders’ equity
Condensed Statement of Cash Flows	For the year ended December 31, 2013 For the year ended December 31, 2014 For the year ended December 31, 2015 RMB RMB RMB Cash flows from operating activities: Net (loss)/Income ) Adjustments to reconcile net loss to net cash used in operating activities: Share-based compensation expense Share of (loss)/income from subsidiaries ) ) Amortization of deferred issuance cost and increase in accretion of convertible notes — — Change in the fair value of derivatives ) ) Exchange loss/(income) ) ) Changes in operating assets and liabilities: Decrease in other current assets Increase/(decrease) in other payables to subsidiaries and employees ) (Decrease)/increase in accrued and other liabilities ) Decrease in interest payable ) — — Net cash used in operating activities ) ) ) Cash flows from investing activities: Loans repayment by subsidiaries Net cash provided by investing activities Cash flows from financing activities: Proceeds from exercise of stock options Proceeds from short-term loan from subsidiaries — — Proceeds from long-term loan from subsidiaries — — Proceeds from issuance of ordinary shares — — Proceeds from issuance of ordinary shares upon exercise of warrants — Repurchase of ADS — — ) Repayment of long-term loan from subsidiaries ) ) ) Repurchase of senior convertible notes ) — — Net cash provided by/(used in) financing activities ) ) ) Effect of exchange rate changes on cash and cash equivalents Net increase/(decrease) in cash and cash equivalents ) ) Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year

ORGANIZATION AND PRINCIPAL AC67

ORGANIZATION AND PRINCIPAL ACTIVITIES (Details)	1 Months Ended
	Jan. 31, 2013	Dec. 31, 2015	Jun. 30, 2014	Nov. 30, 2011
JingAo Solar Co., Ltd. ("JA Hebei")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Development Co., Ltd. ("JA BVI")
Organizational and principal activities
Percentage of Ownership		100.00%
Shanghai JA Solar Technology Co., Ltd. ("JA Fengxian")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar USA Inc. ("JA USA")
Organizational and principal activities
Percentage of Ownership		100.00%
Shanghai JA Solar PV Technology Co., Ltd. ("JA Zhabei")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Hong Kong Limited ("JA Hong Kong")
Organizational and principal activities
Percentage of Ownership		100.00%
Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. ("JA Lianyungang")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Yangzhou PV Technology Co., Ltd. ("JA Yangzhou PV")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar GmbH ("JA GmbH")
Organizational and principal activities
Percentage of Ownership		100.00%
Shanghai Jinglong Solar Technology Co., Ltd. ("JA Jinglong")
Organizational and principal activities
Percentage of Ownership		100.00%
Donghai JA Solar Technology Co., Ltd. ("JA Wafer R&D")
Organizational and principal activities
Percentage of Ownership		100.00%
JA (Hefei) Renewable Energy Co., Ltd. ("JA Hefei Renewable Energy")
Organizational and principal activities
Percentage of Ownership		100.00%
Hefei JA Solar Technology Co., Ltd. ("JA Hefei Technology")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Investment China Co., Ltd ("JA Investment")
Organizational and principal activities
Percentage of Ownership		100.00%
Silver Age Holdings Limited ("Silver Age")
Organizational and principal activities
Percentage of Ownership		100.00%
Full Shine Holdings Limited ("Full Shine")
Organizational and principal activities
Percentage of Ownership		100.00%
Solar Silicon Valley Electronic Science and Technology Co., Ltd. ("Solar Silicon Valley")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Japan Limited ("JA Japan")
Organizational and principal activities
Percentage of Ownership		100.00%
Dunhuang JA Solar Power Development Co., Ltd ("JA Dunhuang")
Organizational and principal activities
Percentage of Ownership		100.00%
Hebei Ningjin Songgong Semiconductor Co., Ltd. ("Ningjin Songgong")
Organizational and principal activities
Percentage of Ownership		65.00%
Hebei Ningjin Songgong Semiconductor Co., Ltd. ("Ningjin Songgong") | M.SETEK
Organizational and principal activities
Equity interest acquired (as a percent)	65.00%
JA Solar Investment (Hong Kong) Limited
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Australia PTY Limited
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Technology Co., LTD
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric (Shexian) Co,. Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
Aiyouen Power Electric (Yinchuan) Company Limited
Organizational and principal activities
Percentage of Ownership		65.00%
Beijing JA Solar PV Technology Co., Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric (Huanghua) Co,. Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar South Africa (PTY) Limited
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric (Yanchi) Co,. Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
JA New Energy Development (Hebei) Co., Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric (Chifeng) Co., Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric (Wulanchabu) Co., Ltd
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Malaysia Sdn. Bhd
Organizational and principal activities
Percentage of Ownership		100.00%
Jingneng New Energy Development (Renxian) Co., Ltd.
Organizational and principal activities
Percentage of Ownership		100.00%
Jingneng New Energy Development (Lincheng) Co., Ltd. ("Lincheng Jingneng")
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric (Jarud) Co., Ltd.
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar Technology (Karamay) Co., Ltd."
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar (Xingtai) Co., Ltd.
Organizational and principal activities
Percentage of Ownership		100.00%
JA Solar PV Electric Hoboksar) Co., Ltd.
Organizational and principal activities
Percentage of Ownership		100.00%
Silver Age Holdings Limited ("Silver Age")
Organizational and principal activities
Percentage of equity interest acquired				100.00%
Full Shine Holdings Limited ("Full Shine")
Organizational and principal activities
Percentage of equity interest acquired				100.00%
Solar Silicon Valley Electronic Science and Technology Co., Ltd. ("Solar Silicon Valley")
Organizational and principal activities
Percentage of equity interest acquired				100.00%
JA MEMC
Organizational and principal activities
Percentage of interest acquired			50.00%

Summary of significant accoun68

Summary of significant accounting policies (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash, cash equivalents and restricted cash
Maximum original maturity period of all highly liquid investments to be considered as cash equivalents	3 months
Inventories
Loss provision on long-term purchase arrangements	¥ 0	¥ 0	¥ 0
Short-term and long-term advances to suppliers
Period of expected purchases used to determine classification of advances to suppliers	12 months
Buildings
Property and equipment, net
Estimated useful lives	20 years
Machinery and equipment | Minimum
Property and equipment, net
Estimated useful lives	5 years
Machinery and equipment | Maximum
Property and equipment, net
Estimated useful lives	15 years
Furniture and fixtures
Property and equipment, net
Estimated useful lives	5 years
Motor vehicles
Property and equipment, net
Estimated useful lives	5 years

Summary of significant accoun69

Summary of significant accounting policies (Details 2) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)shareholdercomponent	Dec. 31, 2014CNY (¥)Plant	Dec. 31, 2013CNY (¥)
Intangible assets, net
Useful life	8 years
Income taxes
Percentage of likelihood of realization of recognized tax benefit	50.00%
Uncertain tax positions	¥ 0	¥ 0	¥ 0
Project assets completed and connected to the grid
Power station cost	626,911
Less: Accumulated depreciation	(25,685)
Subtotal	601,226
Project assets in-process
Modules cost	177,602	325,640
Equipment, development and other cost	249,787	325,854
Subtotal	427,389	651,494
Project assets
Total Project assets	1,028,615	651,494
Impairment of project assets	32,574	¥ 0
Project assets completed and connected to the grid	601,226
Depreciation expenses of project assets	¥ 25,685
Number of solar power plants | Plant		0
Solar power plant
Intangible assets, net
Useful life	20 years
Industrial and Commercial Bank of China
Project assets
Net book value of project assets pledged as collateral	¥ 601,226	¥ 310,029
Bank loans secured by pledge of project assets	¥ 588,000	¥ 200,000
Minimum
Prepaid land use rights
Land use rights, lease term	40 years
Maximum
Prepaid land use rights
Land use rights, lease term	50 years
Technical know-how
Intangible assets, net
Number of shareholders contributing technical know-how related to the commercial production process of photovoltaic solar cells | shareholder	1
Number of components of technical know-how related to the commercial production process of photovoltaic solar cells | component	1
Useful life	8 years
Customer relationship
Intangible assets, net
Useful life	5 years
Purchased software and others | Minimum
Intangible assets, net
Useful life	3 years
Purchased software and others | Maximum
Intangible assets, net
Useful life	10 years

Summary of significant accoun70

Summary of significant accounting policies (Details 3) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)segment	Dec. 31, 2014CNY (¥)
Warranty cost
Guarantee for defects in materials and workmanship	10 years
Warranty period of solar modules against decline of more than 10% of initial power generation capacity	10 years
Warranty period of solar modules against decline of more than 20% of initial power generation capacity	25 years
Minimum percentage of decline in initial minimum power generation capacity for 10 years	10.00%
Minimum percentage of decline in initial minimum power generation capacity for 25 years	20.00%
Warranty accrual rate as a percent of solar module revenue	1.00%
Segment reporting
Number of segments | segment	2
Recent accounting pronouncements
Debt issuance cost	¥ 0
Current portion of deferred tax assets	139,143	¥ 90,169
Current portion of deferred tax liability	¥ 0

Acquisition (Details)

Acquisition (Details) - M.SETEK - Hebei Ningjin Songgong Semiconductor Co., Ltd. ("Ningjin Songgong") - CNY (¥) ¥ in Thousands	Jan. 29, 2013	Dec. 31, 2012	Mar. 08, 2012
Acquisition of Hebei Ningjin Songgong
Ownership percentage held			65.00%
Portion of prepayment to be repaid by supplier in cash			¥ 69,500
Impairment of allowance for advance to third party suppliers		¥ 96,517
Ownership percentage transferred	65.00%
Total consideration received by supplier on transfer of equity interest	¥ 150,483

Acquisition (Details 2)

Acquisition (Details 2) - CNY (¥) ¥ in Thousands	Jan. 31, 2013	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Liabilities
Net revenues			¥ 13,525,407	¥ 11,295,523	¥ 7,182,789
Net loss			¥ 515,885	¥ 346,597	¥ (473,676)
Hebei Ningjin Songgong Semiconductor Co., Ltd. ("Ningjin Songgong")
Assets acquired:
Cash and cash equivalents	¥ 45,109
Accounts receivable	138,516
Short term prepayment	18,221
Inventory	75,473
Other current assets	34,702
Long term prepayment	18,826
Property, plant and equipment, net	69,785
Total assets acquired	400,632
Liabilities
Short-term borrowings	24,100
Accounts payable	45,822
Other payables	57,376
Payroll and welfare payable	41,244
Accrued expenses	578
Total liabilities assumed	169,120
Total fair value of net assets	231,512
Less: Non-controlling interest	81,029
Fair value of purchase consideration	¥ 150,483
Net revenues		¥ 158,179
Net loss		¥ 5,178

Acquisition (Details 3)

Acquisition (Details 3) - Hebei Ningjin Songgong Semiconductor Co., Ltd. ("Ningjin Songgong") ¥ / shares in Units, ¥ in Thousands	12 Months Ended
	Dec. 31, 2013CNY (¥)¥ / sharesshares
Acquisition of Hebei Ningjin Songgong
Pro forma revenue	¥ 7,197,985
Pro forma net loss	(425,155)
Pro forma loss attributable to holders of common shares	¥ (428,005)
Pro forma loss per share:
Basic (in dollars per share) | ¥ / shares	¥ (2.13)
Diluted (in dollars per share) | ¥ / shares	¥ (2.13)
Weighted average number of shares used in computation:
Basic (in shares) | shares	201,317,884
Diluted (in shares) | shares	201,317,884
Amount included in unaudited pro forma net loss for the reduction of depreciation expenses of property, plant and equipment	¥ 17,236

Acquisition (Details 4)

Acquisition (Details 4) ¥ in Thousands, $ in Millions	1 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2014USD ($)	Jun. 30, 2014CNY (¥)	Dec. 31, 2014CNY (¥)	Dec. 31, 2015CNY (¥)	Jun. 24, 2015CNY (¥)	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)	Jun. 24, 2014CNY (¥)
Acquisition of JA MEMC
Negative goodwill						¥ 4,628
Liabilities
Net revenues				¥ 13,525,407		11,295,523	¥ 7,182,789
Net loss				¥ 515,885		¥ 346,597	¥ (473,676)
JA MEMC
Acquisition of JA MEMC
Equity interest acquired (as a percent)	50.00%	50.00%
Cash consideration	$ 7.7	¥ 47,400
Equity interest previously owned (in percent)	50.00%	50.00%
Revaluation gain			¥ 3,652
Negative goodwill			¥ 4,628
Assets acquired:
Cash and cash equivalents								¥ 8,426
Other current assets								13,260
Property, plant and equipment, net								83,025
Total assets acquired								104,711
Liabilities
Accounts payable								697
Other liabilities								2
Total liabilities assumed								699
Total fair value of net assets								¥ 104,012
Net revenues					¥ 40,996
Total revenue percentage					0.40%

Investments in joint venture 75

Investments in joint venture and affiliates (Details) ¥ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2011CNY (¥)	Dec. 31, 2014CNY (¥)	Dec. 31, 2015CNY (¥)MW	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)	Jul. 31, 2014	Jun. 30, 2014	Dec. 31, 2012CNY (¥)
Investment in a joint venture
Loss/(income) from equity method investments			¥ (2,147)	¥ 441	¥ 2,108
Amount due from related parties-short term		¥ 47,890	45,654	47,890
Swap of accounts receivable from third party customers for equity method investment			39,498
Investments in subsidiaries		¥ 13,524	¥ 55,169	13,524
JA MEMC
Investment in a joint venture
Loss/(income) from equity method investments				441	2,108
Other-than-temporary impairment charge				0	0
Percentage of interest acquired							50.00%
JA MEMC | JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou")
Investment in a joint venture
Capital contribution to joint venture	¥ 96,211
Ownership in joint venture (as a percent)	50.00%
Datang Angli
Investment in a joint venture
Ownership in joint venture (as a percent)			29.16%
Loss/(income) from equity method investments			¥ 44
Amount due from related parties-short term					47,000			¥ 47,000
Swap of accounts receivable from third party customers for equity method investment			39,498
Amount receivable from related party reserved					47,000
Gain on receipt of reserved related party receivable					¥ 39,500
Allowance of difference between actual receivable and fair value of receivable			7,500
Lincheng
Investment in a joint venture
Ownership in joint venture (as a percent)					100.00%	20.00%
Contribution to capital injection				16,600,000
Investments in subsidiaries			15,627
Modules sold			92,158,000
Cost of modules sold			71,993,000
Share of unrealized profit (in percent)		20.00%
Share of unrealized profit		¥ 3,076,000	4,033,000
Net profit generated from equity investment			¥ 6,136	0
Lincheng | JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou")
Investment in a joint venture
Capacity of power plant under development | MW			100
Lincheng | Rich Energy
Investment in a joint venture
Ownership in joint venture (as a percent)						80.00%
Contribution to capital injection				¥ 66,400,000

Notes Receivable (Details)

Notes Receivable (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Notes Receivable
Minimum maturity period of notes receivable	2 months
Maximum maturity period of notes receivable	12 months
Allowance for notes receivable	¥ 0	¥ 0

Accounts Receivable, net (Detai

Accounts Receivable, net (Details) - Allowance for doubtful accounts - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Movement of allowances
Balance at beginning of the year	¥ 275,526	¥ 280,987	¥ 189,971
Allowance made during the year	87,219	71,104	125,691
Recoveries	(91,965)	(55,721)	(34,675)
Amount written off against the allowance	(10,960)	(20,844)
Balance at end of the year	¥ 259,820	¥ 275,526	¥ 280,987

Accounts Receivable, net (Det78

Accounts Receivable, net (Details 2) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Creditworthiness of customers
Subsidy receivable after listing of power plants in Subsidy Catalogue	¥ 47,668
Provision, net of recoveries	(4,746)	¥ 15,383	¥ 91,016
Swap of accounts receivable from third party customers for equity method investment	39,498
Datang Angli
Creditworthiness of customers
Swap of accounts receivable from third party customers for equity method investment	¥ 39,498
Solar cells
Creditworthiness of customers
Maximum term of credit for customers with good credit-worthiness	90 days
Solar modules
Creditworthiness of customers
Maximum term of credit for customers with good credit-worthiness	180 days

Inventories (Details)

Inventories (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Raw materials	¥ 758,032	¥ 603,110
Work-in-progress	121,821	130,055
Finished goods	780,689	1,153,103
Total	1,660,542	1,886,268
Inventory written down expense	6,905	15,073	¥ 119,936
Loss provision on long-term purchase arrangements	¥ 0	0	¥ 0
Maximum import tariffs (as a percent)	57.00%
Hemlock
Loss provision on long-term purchase arrangements	¥ 0	¥ 0

Advances to suppliers (Details)

Advances to suppliers (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Advances to suppliers
Minimum period of advances to suppliers to classify them as non-current assets	12 months
Advances to suppliers | Supplier concentration risk
Outstanding prepayments, net of any allowance to individual suppliers
Disclosure threshold (as a percent)	10.00%	10.00%
Advances to suppliers | Supplier concentration risk | Supplier A (third party)
Outstanding prepayments, net of any allowance to individual suppliers
Outstanding prepayments	¥ 229,586	¥ 440,342
Advances to suppliers | Supplier concentration risk | Supplier B (third party)
Outstanding prepayments, net of any allowance to individual suppliers
Outstanding prepayments	¥ 106,799	¥ 134,035

Advances to suppliers (Details

Advances to suppliers (Details 2) - Allowance for advances to supplier - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Movement of allowances
Balance at beginning of the year	¥ 129,307	¥ 72,327	¥ 158,452
Allowance made during the year	1,045	63,331	10,392
Recoveries		(6,351)
Written off	(4,553)		(96,517)
Balance at end of the year	¥ 125,799	¥ 129,307	¥ 72,327

Other current assets (Details)

Other current assets (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Other current assets
Input value-added tax recoverable	¥ 327,304	¥ 434,209
Value-added tax refund from export sales	8,500	150,911
Prepaid input VAT & customs duty for import machinery and materials	9,508	21,700
Prepaid expenses	11,390	12,184
Foreign exchange forward contract instruments	960	5,540
Deposit receivable	50,618	49,303
Current portion of land use rights	10,063	10,063
Others	30,217	29,853
Other current assets	448,560	¥ 713,763
Write-off made against deposits resulting from the cease of bidding with some projects	¥ 19,078

Property, plant and equipment83

Property, plant and equipment, net (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, plant and equipment, net
Total	¥ 7,225,647	¥ 6,461,322
Less: accumulated depreciation	(3,254,222)	(2,759,096)
Subtotal	3,971,425	3,702,226
Construction-in-progress	393,923	464,521
Property and equipment, net	4,365,348	4,166,747
Interest capitalized	29,931	38,053	¥ 39,902
Impairment loss	0	0	0
Depreciation expense	759,611	672,855	¥ 580,157
Buildings
Property, plant and equipment, net
Total	1,778,328	1,482,046
Buildings | Agriculture Bank of China | Shanghai Jinglong Solar Technology Co., Ltd. ("JA Jinglong") | Long-term loan
Property, plant and equipment, net
Net book value of assets pledged	205,051
Bank borrowing loan against asset	69,100
Buildings | Bank of Jiangsu | Donghai JA Solar Technology Co., Ltd. ("JA Wafer R&D") | Short-term loans
Property, plant and equipment, net
Net book value of assets pledged	31,974
Bank borrowing loan against asset	35,000
Buildings | Industrial Bank Co., Ltd. | Shanghai JA Solar PV Technology Co., Ltd. ("JA Zhabei") | Short-term loans
Property, plant and equipment, net
Net book value of assets pledged	85,599
Bank borrowing loan against asset	140,000
Buildings | Bank of Construction | Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. ("JA Lianyungang") | Short-term loans
Property, plant and equipment, net
Net book value of assets pledged	135,100
Bank borrowing loan against asset	52,468
Furniture, fixtures and office equipment
Property, plant and equipment, net
Total	101,686	92,175
Motor vehicles
Property, plant and equipment, net
Total	29,709	29,550
Machinery and equipment
Property, plant and equipment, net
Total	4,960,915	4,705,592
Leasehold improvements
Property, plant and equipment, net
Total	355,009	¥ 151,959
Buildings, machineries, equipment and construction in progress | Hefei High-Tech Industrial Development Zone Management Co., Ltd | Hefei JA Solar Technology Co., Ltd. ("JA Hefei Technology") | Long-term loan
Property, plant and equipment, net
Net book value of assets pledged	776,800
Bank borrowing loan against asset	1,440,000
Leased assets
Property, plant and equipment, net
Carrying amount of asset sold	44,350
Cash consideration	¥ 41,808
Number of years lease payments were made quarterly	P3Y

Intangible assets, net (Details

Intangible assets, net (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Intangible assets, net
Gross	¥ 38,682	¥ 36,864
Accumulated Amortization	(26,448)	(24,136)
Net	12,234	12,728
Amortization of acquired intangible assets	2,312	2,427	¥ 3,018
Future amortization expense
2,015	1,906
2,016	1,906
2,017	1,906
2,018	1,906
2,019	1,906
Technical know-how
Intangible assets, net
Gross	9,000	9,000
Accumulated Amortization	(9,000)	(9,000)
Customer relationship
Intangible assets, net
Gross	3,191	3,191
Accumulated Amortization	(2,606)	(1,968)
Net	585	1,223
Purchased software and others
Intangible assets, net
Gross	26,491	24,673
Accumulated Amortization	(14,842)	(13,168)
Net	¥ 11,649	¥ 11,505

Income taxes (Details)

Income taxes (Details) - CNY (¥) ¥ in Thousands	Mar. 16, 2007	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007	Dec. 31, 2006	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income taxes
Preferential income tax rate as an ANTE		15.00%	15.00%	15.00%	15.00%	15.00%
Preferential income tax rate, renewal period		3 years
Withholding tax rate maximum on distribution of profits of FIEs (as a percent)				10.00%	10.00%	10.00%	10.00%	10.00%	10.00%
Withholding tax on appropriation of dividend for reinvestment purpose (as a percent)				10.00%
Withholding tax paid and recorded as income tax expenses				¥ 21,064
Cumulative undistributed earnings of the Company's PRC subsidiaries intended to be permanently reinvested		¥ 3,871,442	¥ 3,092,616										¥ 3,871,442	¥ 3,092,616
Amount of the unrecognized deferred tax liability on the permanently reinvested earnings		¥ 387,144	¥ 309,262										387,144	309,262
Uniform tax rate (as a percent)		25.00%	25.00%	(25.00%)
Tax benefit/(expense):
Current tax		¥ (253,980)	¥ (189,622)	¥ (13,462)
Deferred tax		96,648	116,232	28,489
Total		(157,332)	(73,390)	15,027
Temporary differences:
Amortization of intangible assets		610	1,135										610	1,135
Accrued warranty costs		80,900	49,309										80,900	49,309
Accrued expenses		49,819	25,438										49,819	25,438
Net loss carried forward		232,599	229,859										232,599	229,859
Depreciation of property, plant and equipment		123,937	103,758										123,937	103,758
Inventory write-down and idle capacity charges		10,470	9,813										10,470	9,813
Allowance for doubtful accounts		67,071	66,991										67,071	66,991
Allowance for advance to suppliers		17,684	18,665										17,684	18,665
Impairment loss on property, plant and equipment		84,663	103,195										84,663	103,195
Accrued interest		45,507	27,279										45,507	27,279
Government grant for the acquisition of land use rights and property, plant and equipment		40,354	44,057										40,354	44,057
Timing difference for revenue recognition of retainage contract		48,683	32,746										48,683	32,746
Unrealized profit		45,462	15,769										45,462	15,769
Others		6,097	2,935										6,097	2,935
Deferred tax assets		853,856	730,949										853,856	730,949
Temporary differences:
Capitalized interest		(34,868)	(35,333)										(34,868)	(35,333)
Deferred tax liabilities		(34,868)	(35,333)										(34,868)	(35,333)
Less: valuation allowance		(483,649)	(456,925)										(483,649)	(456,925)
Deferred tax assets-net		335,339	238,691										335,339	238,691
Deferred tax assets are analyzed as:
Current		139,143	90,169										139,143	90,169
Non-Current		231,064	183,855										231,064	183,855
Total		370,207	274,024										370,207	274,024
Deferred tax liability are analyzed as:
Non-Current		(34,868)	(35,333)										(34,868)	(35,333)
Deferred tax liabilities		(34,868)	(35,333)										(34,868)	(35,333)
Deferred tax assets-net		¥ 335,339	¥ 238,691										¥ 335,339	¥ 238,691
Hong Kong SAR
Income taxes
Corporation tax rate (as a percent)		16.50%
Tax benefit/(expense):
Total		¥ 0
United States
Income taxes
Corporation tax rate (as a percent)		35.00%
United States | California
Income taxes
State income tax rate (as a percent)		8.84%
Germany
Income taxes
Corporation tax rate (as a percent)		15.00%
Effective income tax rate (as a percent)		29.55%
Solidarity surcharge tax rate (as a percent)		5.50%
Trade income tax rate (as a percent)		13.72%
Japan
Income taxes
Corporation tax rate (as a percent)		35.64%
Australia
Income taxes
Corporation tax rate (as a percent)		30.00%
Malaysia
Income taxes
Corporation tax rate (as a percent)		25.00%
Foreign-owned operating subsidiaries | China
Income taxes
Foreign state income tax rate (as a percent)										30.00%
Foreign local income tax rate (as a percent)										3.00%
Tax exemption period following first profit-making year										2 years
Reduction of FEIT for 3 years following exemption period (as a percent)										50.00%
Reduction of FEIT by 50% following exemption period										3 years
Tax reduction, required operational period more than										10 years
Uniform tax rate (as a percent)	25.00%
JingAo Solar Co., Ltd. ("JA Hebei")
Income taxes
Dividend declared				107,804											¥ 107,804
JingAo Solar Co., Ltd. ("JA Hebei") | China
Income taxes
Tax exemption period following first profit-making year										2 years	2 years
Reduction of FEIT for 3 years following exemption period (as a percent)							50.00%	50.00%	50.00%
Preferential income tax rate as an ANTE													15.00%			15.00%
JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou") | China
Income taxes
Preferential income tax rate as an ANTE															15.00%
Dividend declared				¥ 210,637											¥ 210,637
JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou") | China | Subsequent tax period
Income taxes
Preferential income tax rate as an ANTE												15.00%
Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. ("JA Lianyungang") | China
Income taxes
Preferential income tax rate as an ANTE															15.00%
Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. ("JA Lianyungang") | China | Subsequent tax period
Income taxes
Preferential income tax rate as an ANTE												15.00%
Shanghai JA Solar Technology Co., Ltd. ("JA Fengxian") | China
Income taxes
Preferential income tax rate as an ANTE															15.00%
Shanghai JA Solar Technology Co., Ltd. ("JA Fengxian") | China | Subsequent tax period
Income taxes
Preferential income tax rate as an ANTE												15.00%
Donghai JA Solar Technology Co., Ltd. ("JA Wafer R&D") | China
Income taxes
Preferential income tax rate as an ANTE														15.00%

Income taxes (Details 2)

Income taxes (Details 2) $ / shares in Units, ¥ in Thousands, $ in Thousands	12 Months Ended								36 Months Ended
	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2015CNY (¥)	Dec. 31, 2014USD ($)$ / shares	Dec. 31, 2014CNY (¥)	Dec. 31, 2013USD ($)$ / shares	Dec. 31, 2013CNY (¥)	Dec. 31, 2012CNY (¥)	Dec. 31, 2011CNY (¥)	Dec. 31, 2014CNY (¥)
Movement in valuation allowance
PRC enterprise income tax (as a percent)	25.00%	25.00%	25.00%	25.00%	(25.00%)	(25.00%)
Effect of permanent differences:
Share based compensation and other permanent difference (as a percent)	2.78%	2.78%	4.50%	4.50%	4.03%	4.03%
Effect of tax holiday (as a percent)	7.54%	7.54%	(8.35%)	(8.35%)	2.39%	2.39%
Difference of tax rates of subsidiaries outside of China (as a percent)	0.25%	0.25%	(0.08%)	(0.08%)	5.78%	5.78%
Effect of tax rate change (as a percent)	(3.06%)	(3.06%)	24.30%	24.30%	(0.32%)	(0.32%)
Intra-group investment disposal income subject to tax			12.28%	12.28%
Valuation allowance (as a percent)	3.46%	3.46%	(43.54%)	(43.54%)	9.72%	9.72%
Total (as a percent)	20.39%	20.39%	14.11%	14.11%	(3.40%)	(3.40%)
Preferential income tax rate as an ANTE	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%
Aggregate amount and per share effect of tax holidays
The aggregate amount of effect | $	$ 58,194		$ 43,405		$ 10,540
Per share effect-basic (in dollars per share) | $ / shares	$ 0.24		$ 0.18		$ 0.05
Per share effect-diluted (in dollars per share) | $ / shares	$ 0.24		$ 0.18		$ 0.05
Deferred tax assets
Movement in valuation allowance
Balance at beginning of the year		¥ 456,925		¥ 683,341			¥ 576,541		¥ 576,541
Business combination						¥ 63,873
Allowance made during the year		119,448		40,619		158,904
Reversals and utilization		(92,724)		(267,035)		(115,977)
Balance at end of the year		¥ 483,649		¥ 456,925		¥ 683,341		¥ 576,541	¥ 456,925

Other long term liabilities (De

Other long term liabilities (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Government grant (1)	¥ 250,122	¥ 278,272
Long term payables for purchase of property, plant and equipment	87,664
Capital lease (2)	29,003
Other	6,004	4,412
Total	372,793	282,684
Receipt of government grants related to property, plant and equipment and land use rights	230	45,300	¥ 126,900
Recognition of government grants	35,555	32,078	14,471
Amortization of government grants	28,380	¥ 27,376	¥ 13,290
Capital lease, short term	12,805
Leased assets
Carrying amount of asset sold	44,350
Cash consideration	¥ 41,808
Number of years lease payments were made quarterly	P3Y
Leased assets | Other payable
Capital lease, short term	¥ 12,805
Leased assets | Other long term liability
Capital lease (2)	¥ 29,003

Prepaid land use rights (Detail

Prepaid land use rights (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Land use rights, minimum lease term	40 years
Land use rights, maximum lease term	50 years
Cost	¥ 491,638	¥ 491,638
Less: accumulated amortization	(53,082)	(43,019)
Current portion of prepaid land use rights (recorded in other current assets)	10,063	10,063
Non-current portion of prepaid land use rights	428,493	438,556
Net	438,556	¥ 448,619
Bank of Jiangsu | Short-term loans
Debt Instrument [Line Items]
Net book value of prepaid land use rights pledged as collateral	10,454
Bank loan secured by pledge of prepaid land use rights	35,000
Bank of Construction | Short-term loans
Debt Instrument [Line Items]
Net book value of prepaid land use rights pledged as collateral	25,500
Bank loan secured by pledge of prepaid land use rights	52,468
Industrial and Commercial Bank of China | Long-term loan
Debt Instrument [Line Items]
Net book value of prepaid land use rights pledged as collateral	209,332
Bank loan secured by pledge of prepaid land use rights	1,440,000
Agriculture Bank of China | Long-term loan
Debt Instrument [Line Items]
Net book value of prepaid land use rights pledged as collateral	72,488
Bank loan secured by pledge of prepaid land use rights	¥ 22,900

Borrowings (Details)

Borrowings (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Short-term loan:
Short-term loan	¥ 2,194,957	¥ 2,275,533
Long-term loan due in one year:
Long-term, current portion	238,400	22,000
Subtotal	2,433,357	2,297,533
Long-term loan
Long-term loan	2,461,017	1,902,400
Total borrowings	4,894,374	4,199,933
Industrial and Commercial Bank of China | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		50,000
Industrial and Commercial Bank of China | Bank Borrowings one due October 2015
Short-term loan:
Short-term loan		50,000
Industrial and Commercial Bank of China | Bank Borrowings one due June 2015
Short-term loan:
Short-term loan		50,000
Industrial and Commercial Bank of China | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		50,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2015
Short-term loan:
Short-term loan		2,000
Industrial and Commercial Bank of China | Bank Borrowings one due January 2019
Long-term loan
Long-term	168,000	168,000
Industrial and Commercial Bank of China | Bank Borrowings one due January 2018
Long-term loan
Long-term	300,000	300,000
Industrial and Commercial Bank of China | Bank Borrowings one due January 2017
Long-term loan
Long-term	288,000	288,000
Industrial and Commercial Bank of China | Bank Borrowings one due February 2016
Short-term loan:
Short-term loan	50,000
Industrial and Commercial Bank of China | Bank Borrowings one due August 2016
Short-term loan:
Short-term loan	50,000
Industrial and Commercial Bank of China | Bank Borrowings two due June 2015
Short-term loan:
Short-term loan		58,131
Industrial and Commercial Bank of China | Bank Borrowings one due November 2015
Short-term loan:
Short-term loan		150,000
Industrial and Commercial Bank of China | Bank Borrowings two due November 2015
Short-term loan:
Short-term loan		2,000
Industrial and Commercial Bank of China | Bank Borrowings one due June 2016
Long-term loan
Long-term		80,000
Industrial and Commercial Bank of China | Bank Borrowings one due September 2016
Long-term loan
Long-term		74,000
Industrial and Commercial Bank of China | Bank Borrowings one due March 2016
Short-term loan:
Short-term loan	48,702
Long-term loan
Long-term		3,000
Industrial and Commercial Bank of China | Bank Borrowings two due March 2016
Short-term loan:
Short-term loan	50,000
Long-term loan
Long-term		300
Industrial and Commercial Bank of China | Bank Borrowings two due September 2016
Long-term loan
Long-term		8,400
Industrial and Commercial Bank of China | Bank Borrowings three due March 2016
Long-term loan
Long-term		300
Industrial and Commercial Bank of China | Bank Borrowings three due September 2016
Long-term loan
Long-term		8,400
Industrial and Commercial Bank of China | Bank Borrowings two due January 2019
Long-term loan
Long-term	300,000	300,000
Industrial and Commercial Bank of China | Bank Borrowings three due January 2019
Long-term loan
Long-term	252,000	252,000
Industrial and Commercial Bank of China | Bank Borrowings two due January 2018
Long-term loan
Long-term	132,000	132,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2016
Long-term loan due in one year:
Long-term, current portion	7,000
Long-term loan
Long-term		7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2016
Long-term loan due in one year:
Long-term, current portion	7,000
Long-term loan
Long-term		7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2017
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2017
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2018
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2018
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2019
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2019
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2020
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2020
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2021
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2021
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2022
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2022
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2023
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2023
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2024
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2024
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2025
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2025
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2026
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2026
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2027
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2027
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2028
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due November 2028
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due May 2029
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings one due December 2029
Long-term loan
Long-term	7,000	7,000
Industrial and Commercial Bank of China | Bank Borrowings Four Due December 2029
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2016
Long-term loan due in one year:
Long-term, current portion	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2017
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2018
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2019
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2020
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2021
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2022
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2023
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2024
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2025
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2026
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2027
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2028
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due May 2029
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2016
Long-term loan due in one year:
Long-term, current portion	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2017
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2018
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2019
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2020
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2021
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2022
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2023
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2024
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2025
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2026
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2027
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Four Due November 2028
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings One Due April 2016
Short-term loan:
Short-term loan	50,000
Industrial and Commercial Bank of China | Bank Borrowings One Due April 2018
Long-term loan
Long-term	20,000
Industrial and Commercial Bank of China | Bank Borrowings One Due January 2016
Short-term loan:
Short-term loan	50,000
Industrial and Commercial Bank of China | Bank Borrowings One Due June 2017
Long-term loan
Long-term	100,000
Industrial and Commercial Bank of China | Bank Borrowings One Due September 2018
Long-term loan
Long-term	80,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due December 2029
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2016
Long-term loan due in one year:
Long-term, current portion	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2017
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2018
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2019
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2020
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2021
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2022
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2023
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2024
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2025
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2026
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2027
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2028
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due May 2029
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2016
Long-term loan due in one year:
Long-term, current portion	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2017
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2018
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2019
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2020
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2021
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2022
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2023
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2024
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2025
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2026
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2027
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Three Due November 2028
Long-term loan
Long-term	7,000
Industrial and Commercial Bank of China | Bank Borrowings Two Due December 2029
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2016
Long-term loan due in one year:
Long-term, current portion	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2017
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2018
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2019
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2020
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2021
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2022
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2023
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2024
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2025
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2026
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2027
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2028
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due May 2029
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2016
Long-term loan due in one year:
Long-term, current portion	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2017
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2018
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2019
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2020
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2021
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2022
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2023
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2024
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2025
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2026
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2027
Long-term loan
Long-term	3,500
Industrial and Commercial Bank of China | Bank Borrowings Two Due November 2028
Long-term loan
Long-term	3,500
Bank of Communications | Bank Borrowings one due January 2015
Short-term loan:
Short-term loan		50,000
Bank of Communications | Bank Borrowings one due February 2015
Short-term loan:
Short-term loan		97,904
Bank of Communications | Bank Borrowings one due February 2016
Short-term loan:
Short-term loan	101,300
Bank of Communications | Bank Borrowings One Due December 2016
Short-term loan:
Short-term loan	48,900
Huaxia Bank | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		30,000
Huaxia Bank | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		20,000
Huaxia Bank | Bank Borrowings two due March 2015
Short-term loan:
Short-term loan		30,000
Huaxia Bank | Bank Borrowings one due June 2016
Short-term loan:
Short-term loan	10,000
Huaxia Bank | Bank Borrowings One Due April 2016
Short-term loan:
Short-term loan	10,000
Huaxia Bank | Bank Borrowings Two Due April 2016
Short-term loan:
Short-term loan	25,000
Huaxia Bank | Bank Borrowings Two Due June 2016
Short-term loan:
Short-term loan	35,000
China Merchants Bank | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		48,952
China Merchants Bank | Bank Borrowings one due June 2015
Short-term loan:
Short-term loan		30,000
China Merchants Bank | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		62,000
China Merchants Bank | Bank Borrowings one due May 2015
Short-term loan:
Short-term loan		28,759
China Merchants Bank | Bank Borrowings two due June 2015
Short-term loan:
Short-term loan		32,400
China Merchants Bank | Bank Borrowings one due June 2016
Short-term loan:
Short-term loan	45,000
China Merchants Bank | Bank Borrowings one due March 2016
Short-term loan:
Short-term loan	49,806
China Merchants Bank | Bank Borrowings one due May 2016
Short-term loan:
Short-term loan	50,000
China Merchants Bank | Bank Borrowings One Due January 2016
Short-term loan:
Short-term loan	30,195
China Merchants Bank | Bank Borrowings Three Due January 2016
Short-term loan:
Short-term loan	18,831
China Merchants Bank | Bank Borrowings Two Due January 2016
Short-term loan:
Short-term loan	31,364
China Construction Bank | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		48,500
China Construction Bank | Bank Borrowings two due April 2015
Short-term loan:
Short-term loan		100,000
China Construction Bank | Bank Borrowings three due April 2015
Short-term loan:
Short-term loan		11,500
China Construction Bank | Bank Borrowings two due May 2015
Short-term loan:
Short-term loan		34,000
China Construction Bank | Bank Borrowings three due May 2015
Short-term loan:
Short-term loan		48,789
China Construction Bank | Bank Borrowings four due May 2015
Short-term loan:
Short-term loan		22,171
China Construction Bank | Bank Borrowings one due June 2016
Short-term loan:
Short-term loan	20,000
China Construction Bank | Bank Borrowings one due March 2016
Short-term loan:
Short-term loan	160,000
China Construction Bank | Bank Borrowings one due May 2016
Short-term loan:
Short-term loan	34,000
China Construction Bank | Bank Borrowings Two Due June 2016
Short-term loan:
Short-term loan	32,468
Bank of China | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		34,849
Bank of China | Bank Borrowings one due June 2015
Short-term loan:
Short-term loan		200,000
Bank of China | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		35,490
Bank of China | Bank Borrowings One Due July 2016
Short-term loan:
Short-term loan	200,000
Agriculture Bank of China
Long-term loan due in one year:
Long-term, current portion		22,000
Agriculture Bank of China | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		76,363
Agriculture Bank of China | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		1,966
Agriculture Bank of China | Bank Borrowings one due May 2015
Short-term loan:
Short-term loan		20,000
Agriculture Bank of China | Bank Borrowings two due March 2015
Short-term loan:
Short-term loan		12,116
Agriculture Bank of China | Bank Borrowings one due January 2015
Short-term loan:
Short-term loan		50,000
Agriculture Bank of China | Bank Borrowings one due February 2015
Short-term loan:
Short-term loan		30,000
Long-term loan due in one year:
Long-term, current portion		2,850
Agriculture Bank of China | Bank Borrowings one due August 2015
Long-term loan due in one year:
Long-term, current portion		2,850
Agriculture Bank of China | Bank Borrowings two due August 2015
Long-term loan due in one year:
Long-term, current portion		8,150
Agriculture Bank of China | Bank Borrowings one due February 2016
Short-term loan:
Short-term loan	16,003
Long-term loan due in one year:
Long-term, current portion	2,850
Long-term loan
Long-term		2,850
Agriculture Bank of China | Bank Borrowings two due February 2016
Short-term loan:
Short-term loan	13,796
Long-term loan due in one year:
Long-term, current portion	8,150
Long-term loan
Long-term		8,150
Agriculture Bank of China | Bank Borrowings one due August 2016
Long-term loan due in one year:
Long-term, current portion	8,150
Long-term loan
Long-term		2,850
Agriculture Bank of China | Bank Borrowings two due August 2016
Long-term loan due in one year:
Long-term, current portion	2,850
Long-term loan
Long-term		8,150
Agriculture Bank of China | Bank Borrowings one due February 2017
Long-term loan
Long-term	50,000	2,850
Agriculture Bank of China | Bank Borrowings two due February 2017
Long-term loan
Long-term	2,850	8,150
Agriculture Bank of China | Bank Borrowings one due August 2017
Long-term loan
Long-term	2,850	2,850
Agriculture Bank of China | Bank Borrowings two due August 2017
Long-term loan
Long-term	8,150	8,150
Agriculture Bank of China | Bank Borrowings one due February 2018
Long-term loan
Long-term	2,850	2,850
Agriculture Bank of China | Bank Borrowings two due February 2018
Long-term loan
Long-term	8,150	8,150
Agriculture Bank of China | Bank Borrowings one due August 2018
Long-term loan
Long-term	2,850	2,850
Agriculture Bank of China | Bank Borrowings two due August 2018
Long-term loan
Long-term	8,150	8,150
Agriculture Bank of China | Bank Borrowings one due February 2019
Long-term loan
Long-term	2,900	2,900
Agriculture Bank of China | Bank Borrowings two due February 2019
Long-term loan
Long-term	10,100	10,100
Agriculture Bank of China | Bank Borrowings one due August 2019
Long-term loan
Long-term	2,900	2,900
Agriculture Bank of China | Bank Borrowings two due August 2019
Long-term loan
Long-term	10,100	10,100
Agriculture Bank of China | Bank Borrowings two due April 2015
Short-term loan:
Short-term loan		1,439
Agriculture Bank of China | Bank Borrowings three due April 2015
Short-term loan:
Short-term loan		1,955
Agriculture Bank of China | Bank Borrowings two due May 2015
Short-term loan:
Short-term loan		1,457
Agriculture Bank of China | Bank Borrowings three due May 2015
Short-term loan:
Short-term loan		2,988
Agriculture Bank of China | Bank Borrowings two due January 2015
Short-term loan:
Short-term loan		3,139
Agriculture Bank of China | Bank Borrowings two due February 2015
Short-term loan:
Short-term loan		66,746
Long-term loan due in one year:
Long-term, current portion		8,150
Agriculture Bank of China | Bank Borrowings three due January 2015
Short-term loan:
Short-term loan		3,625
Agriculture Bank of China | Bank Borrowings five due January 2015
Short-term loan:
Short-term loan		3,429
Agriculture Bank of China | Bank Borrowings three due February 2015
Short-term loan:
Short-term loan		38,418
Agriculture Bank of China | Bank Borrowings four due January 2015
Short-term loan:
Short-term loan		2,889
Agriculture Bank of China | Bank Borrowings four due February 2015
Short-term loan:
Short-term loan		3,483
Agriculture Bank of China | Bank Borrowings three due March 2015
Short-term loan:
Short-term loan		14,935
Agriculture Bank of China | Bank Borrowings five due February 2015
Short-term loan:
Short-term loan		74,040
Agriculture Bank of China | Bank Borrowings six due February 2015
Short-term loan:
Short-term loan		3,299
Agriculture Bank of China | Bank Borrowings four due March 2015
Short-term loan:
Short-term loan		2,288
Agriculture Bank of China | Bank Borrowings five due March 2015
Short-term loan:
Short-term loan		1,212
Agriculture Bank of China | Bank Borrowings six due March 2015
Short-term loan:
Short-term loan		2,472
Agriculture Bank of China | Bank Borrowings seven due March 2015
Short-term loan:
Short-term loan		3,209
Agriculture Bank of China | Bank Borrowings four due April 2015
Short-term loan:
Short-term loan		2,956
Agriculture Bank of China | Bank Borrowings four due May 2015
Short-term loan:
Short-term loan		2,084
Agriculture Bank of China | Bank Borrowings one due June 2016
Short-term loan:
Short-term loan	2,171
Long-term loan due in one year:
Long-term, current portion	80,000
Agriculture Bank of China | Bank Borrowings one due March 2016
Short-term loan:
Short-term loan	10,612
Agriculture Bank of China | Bank Borrowings two due March 2016
Short-term loan:
Short-term loan	10,482
Agriculture Bank of China | Bank Borrowings three due March 2016
Short-term loan:
Short-term loan	9,989
Agriculture Bank of China | Bank Borrowings one due May 2016
Short-term loan:
Short-term loan	18,492
Agriculture Bank of China | Bank Borrowings one due May 2017
Long-term loan
Long-term	20,000
Agriculture Bank of China | Bank Borrowings Five Due April 2016
Short-term loan:
Short-term loan	39,267
Agriculture Bank of China | Bank Borrowings Five Due February 2016
Short-term loan:
Short-term loan	4,410
Agriculture Bank of China | Bank Borrowings Five Due June 2016
Short-term loan:
Short-term loan	2,381
Agriculture Bank of China | Bank Borrowings Five Due March 2016
Short-term loan:
Short-term loan	927
Agriculture Bank of China | Bank Borrowings Five Due May 2016
Short-term loan:
Short-term loan	6,339
Agriculture Bank of China | Bank Borrowings Four Due April 2016
Short-term loan:
Short-term loan	11,530
Agriculture Bank of China | Bank Borrowings Four Due February 2016
Short-term loan:
Short-term loan	19,656
Agriculture Bank of China | Bank Borrowings Four Due June 2016
Short-term loan:
Short-term loan	1,703
Agriculture Bank of China | Bank Borrowings Four Due March 2016
Short-term loan:
Short-term loan	15,077
Agriculture Bank of China | Bank Borrowings Four Due May 2016
Short-term loan:
Short-term loan	13,725
Agriculture Bank of China | Bank Borrowings One Due April 2016
Short-term loan:
Short-term loan	1,410
Agriculture Bank of China | Bank Borrowings One Due December 2016
Short-term loan:
Short-term loan	50,000
Agriculture Bank of China | Bank Borrowings One Due January 2016
Short-term loan:
Short-term loan	50,000
Agriculture Bank of China | Bank Borrowings Six Due June 2016
Short-term loan:
Short-term loan	4,295
Agriculture Bank of China | Bank Borrowings Six Due May 2016
Short-term loan:
Short-term loan	121,820
Agriculture Bank of China | Bank Borrowings Three Due April 2016
Short-term loan:
Short-term loan	5,132
Agriculture Bank of China | Bank Borrowings Three Due February 2016
Short-term loan:
Short-term loan	13,289
Agriculture Bank of China | Bank Borrowings Three Due February 2017
Long-term loan
Long-term	8,150
Agriculture Bank of China | Bank Borrowings Three Due June 2016
Short-term loan:
Short-term loan	1,980
Agriculture Bank of China | Bank Borrowings Three Due May 2016
Short-term loan:
Short-term loan	9,366
Agriculture Bank of China | Bank Borrowings Two Due April 2016
Short-term loan:
Short-term loan	15,150
Agriculture Bank of China | Bank Borrowings Two Due January 2016
Short-term loan:
Short-term loan	2,473
Agriculture Bank of China | Bank Borrowings Two Due June 2016
Short-term loan:
Short-term loan	1,022
Agriculture Bank of China | Bank Borrowings Two Due May 2016
Short-term loan:
Short-term loan	9,220
Huanengtiancheng financing lease co.,LTD | Bank Borrowings one due September 2016
Short-term loan:
Short-term loan	3,574
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2016
Short-term loan:
Short-term loan	3,638
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2017
Long-term loan
Long-term	3,903
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2019
Long-term loan
Long-term	4,493
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2020
Long-term loan
Long-term	4,820
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2021
Long-term loan
Long-term	5,172
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2022
Long-term loan
Long-term	5,549
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2023
Long-term loan
Long-term	5,954
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2017
Long-term loan
Long-term	3,768
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2018
Long-term loan
Long-term	4,043
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2019
Long-term loan
Long-term	4,337
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2020
Long-term loan
Long-term	4,654
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2021
Long-term loan
Long-term	4,993
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2022
Long-term loan
Long-term	5,357
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due June 2023
Long-term loan
Long-term	5,748
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2017
Long-term loan
Long-term	3,702
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2018
Long-term loan
Long-term	3,972
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2019
Long-term loan
Long-term	4,262
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2020
Long-term loan
Long-term	4,573
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2021
Long-term loan
Long-term	4,906
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2022
Long-term loan
Long-term	5,264
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due March 2023
Long-term loan
Long-term	5,647
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2017
Long-term loan
Long-term	3,835
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2018
Long-term loan
Long-term	4,114
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2019
Long-term loan
Long-term	4,414
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2020
Long-term loan
Long-term	4,736
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2021
Long-term loan
Long-term	5,082
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2022
Long-term loan
Long-term	5,452
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due September 2023
Long-term loan
Long-term	5,850
Huanengtiancheng financing lease co.,LTD | Bank Borrowings One Due December 2018
Long-term loan
Long-term	4,188
Ping An Bank | Bank Borrowings one due September 2016
Short-term loan:
Short-term loan	100,000
Shoko Chukin Bank | Bank Borrowings one due January 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due January 2018
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due January 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due February 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings one due August 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings one due February 2017
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due August 2017
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due February 2018
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due August 2018
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due February 2019
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due August 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due June 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings one due September 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings one due March 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings one due May 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings one due November 2016
Short-term loan:
Short-term loan	47
Shoko Chukin Bank | Bank Borrowings one due May 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due November 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due May 2018
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due November 2018
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due May 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings one due November 2019
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due May 2020
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings one due November 2020
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due April 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings One Due April 2017
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due April 2018
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due April 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due August 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due December 2017
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due December 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due February 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due January 2020
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due July 2016
Short-term loan:
Short-term loan	46
Shoko Chukin Bank | Bank Borrowings One Due July 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due July 2018
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due July 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due July 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due June 2017
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due June 2018
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due June 2019
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due June 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due March 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due March 2018
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due March 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due March 2020
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due October 2016
Short-term loan:
Short-term loan	47
Shoko Chukin Bank | Bank Borrowings One Due October 2017
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due October 2018
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due October 2019
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due October 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due September 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due September 2018
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due September 2019
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due September 2020
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings Two Due January 2017
Long-term loan
Long-term	46
Shoko Chukin Bank | Bank Borrowings One Due December 2018
Long-term loan
Long-term	47
Shoko Chukin Bank | Bank Borrowings One Due April 2019
Long-term loan
Long-term	47
Bank of Xingtai | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		1,000
Bank of Xingtai | Bank Borrowings one due June 2015
Short-term loan:
Short-term loan		60,000
Bank of Xingtai | Bank Borrowings two due March 2015
Short-term loan:
Short-term loan		100
Bank of Xingtai | Bank Borrowings three due March 2015
Short-term loan:
Short-term loan		100
Bank of Xingtai | Bank Borrowings one due September 2015
Short-term loan:
Short-term loan		2,000
Bank of Xingtai | Bank Borrowings two due September 2015
Short-term loan:
Short-term loan		200
Bank of Xingtai | Bank Borrowings three due September 2015
Short-term loan:
Short-term loan		200
Bank of Xingtai | Bank Borrowings one due September 2016
Long-term loan due in one year:
Long-term, current portion	74,000
Bank of Xingtai | Bank Borrowings one due March 2016
Long-term loan due in one year:
Long-term, current portion	3,000
Bank of Xingtai | Bank Borrowings two due March 2016
Long-term loan due in one year:
Long-term, current portion	300
Bank of Xingtai | Bank Borrowings two due September 2016
Long-term loan due in one year:
Long-term, current portion	8,400
Bank of Xingtai | Bank Borrowings three due March 2016
Long-term loan due in one year:
Long-term, current portion	300
Bank of Xingtai | Bank Borrowings three due September 2016
Long-term loan due in one year:
Long-term, current portion	8,400
Industrial Bank Co., Ltd. | Bank Borrowings one due April 2015
Short-term loan:
Short-term loan		140,000
Industrial Bank Co., Ltd. | Bank Borrowings one due February 2016
Short-term loan:
Short-term loan	140,000
Industrial Bank Co., Ltd. | Bank Borrowings One Due December 2016
Short-term loan:
Short-term loan	20,000
Bank of Jiangsu | Bank Borrowings one due November 2016
Short-term loan:
Short-term loan	35,000
Hefei S & T Rural Commercial Bank | Bank Borrowings one due May 2015
Short-term loan:
Short-term loan		100,000
Hefei S & T Rural Commercial Bank | Bank Borrowings two due May 2015
Short-term loan:
Short-term loan		100,000
Hefei S & T Rural Commercial Bank | Bank Borrowings one due June 2016
Short-term loan:
Short-term loan	200,000
Rural Credit Cooperative of Hebei | Bank Borrowings one due March 2015
Short-term loan:
Short-term loan		28,000
Shanghai Pudong Development Bank | Bank Borrowings one due August 2014
Short-term loan:
Short-term loan		¥ 39,980
Bank of Hebei | Bank Borrowings one due March 2016
Short-term loan:
Short-term loan	¥ 10,000

Borrowings (Details 2)-Arun

Borrowings (Details 2)-Arun - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Borrowings
Short-term	¥ 2,194,957	¥ 2,275,533
Long-term loan due in one year	238,400	22,000
Subtotal	2,433,357	2,297,533
Long-term	2,461,017	1,902,400
Total borrowings	¥ 4,894,374	¥ 4,199,933

Borrowings (Details 3)

Borrowings (Details 3) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Borrowings
Weighted average interest rate (as a percent)	5.70%	6.07%
Principal amount of short-term borrowings	¥ 2,194,957	¥ 2,275,533
Principal amount of long-term borrowings	2,461,017	1,902,400
Unused lines of credit	1,227,021
Interest incurred	274,476	267,718	¥ 278,190
Interest capitalized in the cost of property, plant and equipment and project assets	25,094	38,053	¥ 37,495
Future principal repayments on the long-term borrowings
2,016	238,400
2,017	537,812
2,018	612,874
2,019	806,064
Thereafter	504,267
Total	2,699,417
Huaxia Bank | JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou")
Borrowings
Maximum borrowing capacity	¥ 200,000
Maximum gearing ratio	65.00%
Industrial and Commercial Bank of China
Borrowings
Net book value of project assets pledged as collateral	¥ 601,226	310,029
Industrial and Commercial Bank of China | Dunhuang JA Solar Power Development Co., Ltd ("JA Dunhuang")
Borrowings
Maximum borrowing capacity	¥ 588,000
Maximum months in row percentage of bad debt provision in account receivable	2 months
Maximum ratio of overdued accounts receivable	45.00%
China Construction Bank | JingAo Solar Co., Ltd. ("JA Hebei")
Borrowings
Maximum borrowing capacity	¥ 194,000
Maximum gearing ratio	55.00%
Minimum current ratio	1.6
Minimum quick ratio	1.5
Maximum ratio of long-term investment to net asset	30.00%
Maximum ratio of external guarantee to net asset	55
China Construction Bank | JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou")
Borrowings
Maximum borrowing capacity	¥ 20,000
Maximum gearing ratio	65.00%
Number of consecutive months	3 months
Minimum current ratio	0.6
Maximum ratio of contingent liability to net assets	6.00%
Maximum ratio of long-term investment to net asset	90.00%
Lines of credit
Borrowings
Amount drawn down of the credit facility	¥ 0	0
Lines of credit | China Development Bank Shanghai Branch
Borrowings
Maximum borrowing capacity	¥ 30,000,000
Borrowings from non financial institutions | Huanengtiancheng financing lease co.,LTD
Borrowings
Interest rate (as a percent)	7.10%
Principal amount of short-term borrowings		0
Principal amount of long-term borrowings		¥ 0
Unsecured short-term bank borrowings
Borrowings
Weighted average interest rate (as a percent)	4.79%	5.66%
Interest rate, minimum (as a percent)	1.23%	1.35%
Interest rate, maximum (as a percent)	6.16%	7.82%
Principal amount of short-term borrowings	¥ 1,880,277	¥ 2,090,953
Short-term borrowings secured by restricted cash
Borrowings
Interest rate, minimum (as a percent)		6.15%
Principal amount of short-term borrowings	¥ 0	¥ 600
Short-term bank borrowings secured by assets
Borrowings
Weighted average interest rate (as a percent)	6.05%	6.53%
Interest rate, minimum (as a percent)	4.00%	6.15%
Interest rate, maximum (as a percent)	7.00%	6.90%
Principal amount of short-term borrowings	¥ 307,468	¥ 183,980
Short-term bank borrowings secured by assets | Industrial Bank Co., Ltd.
Borrowings
Bank borrowing loan against asset	140,000
Net book value of buildings pledged as collateral	85,599
Short-term bank borrowings secured by assets | Bank of Construction
Borrowings
Bank borrowing loan against asset	52,468
Net book value of buildings pledged as collateral	135,100
Short-term bank borrowings secured by assets | Huaxia Bank
Borrowings
Long-term bank loan secured by pledge of buildings	80,000
Short-term bank borrowings secured by assets | Bank of Jiangsu
Borrowings
Bank loan secured by pledge of prepaid land use rights	35,000
Net book value of buildings pledged as collateral	31,974
Net book value of prepaid land use rights pledged as collateral	10,454
Short-term bank borrowings secured by assets | Donghai Jingtian Construction Corp
Borrowings
Net book value of prepaid land use rights pledged as collateral	25,500
Short-term bank borrowings from non-financial institution | Huanengtiancheng financing lease co.,LTD
Borrowings
Principal amount of short-term borrowings	7,212
Long-term loan | Agriculture Bank of China
Borrowings
Bank loan secured by pledge of prepaid land use rights	22,900
Net book value of prepaid land use rights pledged as collateral	72,488
Long-term loan | Industrial and Commercial Bank of China
Borrowings
Bank loan secured by pledge of prepaid land use rights	1,440,000
Net book value of prepaid land use rights pledged as collateral	¥ 209,332
Unsecured long-term bank borrowings
Borrowings
Weighted average interest rate (as a percent)	6.04%	6.64%
Interest rate, minimum (as a percent)	1.65%	6.52%
Interest rate, maximum (as a percent)	6.60%	6.77%
Principal amount of long-term borrowings	¥ 429,229	¥ 157,000
Long-term borrowings secured by restricted cash | Bank of Xingtai
Borrowings
Loan secured by restricted cash balance	17,400
Restricted cash collateral amount	20,000
Long term bank borrowings secured by assets | Agriculture Bank of China
Borrowings
Long-term bank loan secured by pledge of buildings	69,100
Bank loan secured by pledge of prepaid land use rights	22,900
Net book value of buildings pledged as collateral	205,051
Net book value of prepaid land use rights pledged as collateral	72,488
Long term bank borrowings secured by assets | Industrial and Commercial Bank of China
Borrowings
Long-term bank loans secured by pledge of project assets	588,000
Net book value of project assets pledged as collateral	601,226
Long term bank borrowings secured by assets | Hefei High-Tech Industrial Development Zone Management Co., Ltd
Borrowings
Long-term entrustment loan secured by pledge of property, plant and equipment and land use rights	1,440,000
Net book value of buildings, machineries and equipment and construction in progress pledged as collateral	776,800
Net book value of prepaid land use rights pledged as collateral	¥ 209,332
Long-term bank borrowings secured by assets including restricted cash
Borrowings
Weighted average interest rate (as a percent)	6.28%	6.46%
Interest rate, minimum (as a percent)	1.65%	6.15%
Interest rate, maximum (as a percent)	7.01%	7.01%
Principal amount of long-term borrowings	¥ 2,137,400	¥ 1,767,400
Long-term bank borrowings from non-financial institution | Huanengtiancheng financing lease co.,LTD
Borrowings
Principal amount of long-term borrowings	¥ 132,788
Minimum
Borrowings
Maturity period	1 month
Maximum
Borrowings
Maturity period	182 months

Senior Convertible Notes (Detai

Senior Convertible Notes (Details) $ / shares in Units, ¥ in Thousands	May. 13, 2008CNY (¥)	May. 31, 2013CNY (¥)	Dec. 31, 2015CNY (¥)shares	Dec. 31, 2014CNY (¥)	Dec. 31, 2013USD ($)	Dec. 31, 2013CNY (¥)	Dec. 31, 2015USD ($)$ / shares	May. 19, 2008USD ($)	May. 13, 2008USD ($)	May. 13, 2008CNY (¥)
Senior Convertible Notes
Change in fair value of the Embedded Derivatives			¥ 44,033	¥ 84,484		¥ (51,867)
Repayment of remaining principal amount						740,027
Warrant derivatives
Senior Convertible Notes
Change in fair value of the Embedded Derivatives						0
4.5% Senior Convertible Notes due 2013
Senior Convertible Notes
Aggregate principal amount | $									$ 350,000,000
Interest rate (as a percent)									4.50%	4.50%
Number of days granted to underwriters for the option to purchase additional Senior Notes	30 days
Completed public offering including underwriter's option to purchase additional Senior Notes | $								$ 400,000,000
Net proceeds from the offering	¥ 2,709,538
Amount of unamortized financing costs										¥ 80,010
Amount of financing costs amortized through interest expense						2,606
Percentage of the effective conversion price as a condition for conversion or redemption of Senior Notes			130.00%
Minimum number of trading days triggering conversion or redemption feature			20 days
The maximum period of consecutive trading days that the closing price of the Company's ADS exceeds a specified percentage of the conversion price to trigger conversion or redemption feature of notes			30 days
Redemption price as percentage of principal amount of notes plus accrued and unpaid interest			100.00%
Interest expenses recognized						12,300
Principal amount used for debt instrument conversion ratio | $							$ 1,000
Conversion rate per $1000 principal amount of the Senior Notes (in ADS) | shares			6.5628
Par value per share (in dollars per share) | $ / shares							$ 0.0001
Conversion price (in dollars per ADS) | $ / shares							$ 152.375
Interest expense recognized for accretion to the redemption value						24,216
Principal amount of debt bought back | $					$ 0
Gain/(loss) from convertible notes buyback						¥ 0
Repayment of remaining principal amount		¥ 723,742
4.5% Senior Convertible Notes due 2013 | Maximum
Senior Convertible Notes
Option granted to underwriters to purchase additional aggregate principal amount of Senior Notes | $									$ 50,000,000

Senior Convertible Notes (Det93

Senior Convertible Notes (Details 2) - 4.5% Senior Convertible Notes due 2013 ¥ in Thousands, $ in Thousands, £ in Millions	1 Months Ended		12 Months Ended
	Jun. 30, 2012GBP (£)	Jun. 30, 2012CNY (¥)	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)	Dec. 31, 2012CNY (¥)	Dec. 31, 2008CNY (¥)	Dec. 31, 2013USD ($)	Dec. 31, 2013CNY (¥)	Sep. 15, 2008shares	May. 12, 2008CNY (¥)shares
ADS Lending Agreement
Shares loaned to the ADS Borrowers | shares										2,625,104
Number of shares loaned to ADS borrower that filed for bankruptcy | shares									1,312,552
Fair value of the outstanding loaned shares							$ 5,605	¥ 35,230		¥ 230,729
Interest cost recognized relating to the amortization of the issuance cost			¥ 8,208	¥ 29,537
Expense recognized due to bankruptcy of one of the ADS borrowers						¥ 469,042
Unamortized amount of issuance costs								¥ 8,253
Amount of unsecured claim admitted under Claims Determination Deed	£ 38.2	¥ 380,075
Cash consideration for sale of certain rights pertaining to the claim and all rights to receive distribution payments	£ 37.1	¥ 369,153
Gain recorded on settlement of claim					¥ 369,153

Other payables to third parti94

Other payables to third parties (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Other payables to third parties
Interest	¥ 303,380	¥ 181,857
Purchases of property, plant and equipment	198,450	195,069
Payables for project assets	187,230	134,667
Miscellaneous tax payables	53,275	34,033
Logistic charges	50,833	48,132
Payable for land use rights	30,000	33,000
Deposits	21,162	21,679
Capital lease (Refer to Note 13)	12,805
Labor services payables	63	8,634
Others	37,075	36,300
Total other payables	¥ 894,273	¥ 693,371

Accrued expenses (Details)

Accrued expenses (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accrued expenses
Interest	¥ 85,034	¥ 47,250
Professional service fees	40,468	19,885
Testing fee	38,785	17,983
Logistic charges	34,638	23,738
Tax	20,919	16,159
Commission fee	17,309	5,475
Rental fee	6,507	600
Utilities	1,281	2,109
Others	22,231	14,095
Total accrued expenses	¥ 267,172	¥ 147,294

Accrued warranty cost (Details)

Accrued warranty cost (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accrued warranty cost
Beginning balance	¥ 251,740	¥ 158,897
Warranty provision	128,392	92,843	¥ 44,671
Ending balance	¥ 380,132	¥ 251,740	¥ 158,897

Share-based compensation (Detai

Share-based compensation (Details) $ / shares in Units, ¥ in Thousands	Aug. 18, 2006shares	Jun. 30, 2014	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2015CNY (¥)planshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2014CNY (¥)shares	Dec. 31, 2013USD ($)$ / sharesshares	Dec. 31, 2013CNY (¥)shares	Dec. 31, 2012USD ($)$ / sharesshares
Share-based compensation
Number of share-based compensation plans | plan				2
Weighted Average Fair Value
Share-based compensation, income tax benefit | $					$ 0		$ 0		$ 0
2006 Stock Incentive Plan (the "Plan")
Share-based compensation
Shares approved for issuance | shares	8,656,000
Share-based compensation, authorized percentage of additional share capital issued following effective date of plan	10.00%
Options
Share-based compensation
Recognized pre-tax charge included in selling, general, and administrative expenses and manufacturing overhead | ¥				¥ 8,865		¥ 14,544		¥ 3,558
Recognized pre-tax charge capitalized in cost of inventory | ¥				0		3		372
Weighted-average grant-date fair value of options granted (in dollars per share) | $ / shares			$ 1.88
Forfeitures, measured at grant date fair value | ¥				¥ 895		¥ 774		¥ 577
Forfeiture rate (as a percent)			11.12%	11.12%	10.05%	10.05%	10.92%	10.92%
Total unrecognized compensation cost | ¥				¥ 4,362		¥ 13,781		¥ 92
Weighted-average period for recognition of unrecognized compensation cost			15 months	15 months
Fair value assumptions for options granted to employees
Weighted average expected option life					6 years	6 years
Shares
Outstanding at the beginning of the period (in shares) | shares			5,676,300	5,676,300	2,581,550	2,581,550	4,357,050	4,357,050
Granted (in shares) | shares					3,660,000	3,660,000	0	0
Forfeited (in shares) | shares			(516,800)	(516,800)	(296,500)	(296,500)	(1,373,750)	(1,373,750)
Exercised (in shares) | shares			(140,000)	(140,000)	(268,750)	(268,750)	(401,750)	(401,750)
Outstanding at the end of the period (in shares) | shares			5,019,500	5,019,500	5,676,300	5,676,300	2,581,550	2,581,550	4,357,050
Exercisable at the end of the period (in shares) | shares			2,984,500	2,984,500
Weighted Average Exercise Price
Outstanding at the beginning of the period (in dollars per share) | $ / shares			$ 3.21		$ 4.79		$ 4.28
Granted (in dollars per share) | $ / shares					1.88
Forfeited (in dollars per share) | $ / shares			3.02		2.21		1.37
Exercised (in dollars per share) | $ / shares			1.37		1.37		1.37
Outstanding at the end of the period (in dollars per share) | $ / shares			3.24		$ 3.21		$ 4.79		$ 4.28
Exercisable at end of the period (in dollars per share) | $ / shares			$ 4.17
Weighted Average Remaining Contractual Life (Year)
Outstanding at the end of the period			6 years 6 months 29 days	6 years 6 months 29 days	7 years 7 months 2 days	7 years 7 months 2 days	6 years 4 months 24 days	6 years 4 months 24 days	7 years 7 months 13 days
Exercisable at the end of the period			5 years 6 months 4 days	5 years 6 months 4 days
Intrinsic Value
Outstanding at the beginning of the period | $			$ 279,000		$ 612,000
Outstanding at the end of the period | $			172,000		279,000		$ 612,000
Exercisable at the end of the period | $			167,000
Total intrinsic value of options exercised | $			$ 100,000		$ 186,000		$ 134,000
Options | Minimum
Fair value assumptions for options granted to employees
Average risk-free rate (as a percent)					1.80%	1.80%
Volatility rate (as a percent)					56.22%	56.22%
Options | Maximum
Fair value assumptions for options granted to employees
Average risk-free rate (as a percent)					2.01%	2.01%
Volatility rate (as a percent)					100.06%	100.06%
Options | 2014 Plan
Share-based compensation
Share-based compensation, authorized percentage of share capital issued and outstanding following effective date of plan		10.00%
Award pool as maximum percentage of issued and outstanding shares requiring automatic increase to award pool		1.00%
Award pool as percentage of issued and outstanding shares after required automatic increase to award pool		10.00%
Restricted share units ("RSU")
Share-based compensation
Recognized pre-tax charge included in selling, general, and administrative expenses and manufacturing overhead | ¥				¥ 540		¥ 1,737		¥ 5,843
Total unrecognized compensation cost | ¥				¥ 0		¥ 536
Shares
Nonvested at the beginning of the period (in shares) | shares			958,610	958,610	1,016,110	1,016,110	2,438,000	2,438,000
Granted (in shares) | shares					90,000	90,000
Vested (in shares) | shares			(267,500)	(267,500)	(85,000)	(85,000)	(1,281,890)	(1,281,890)
Forfeited (in shares) | shares					(62,500)	(62,500)	(140,000)	(140,000)
Nonvested at the end of the period (in shares) | shares			691,110	691,110	958,610	958,610	1,016,110	1,016,110	2,438,000
Weighted Average Fair Value
Nonvested at the beginning of the period (in dollars per share) | $ / shares			$ 4.62		$ 4.95		$ 4.97
Granted (in dollars per share) | $ / shares					1.99
Vested (in dollars per share) | $ / shares			2.50		5.11		5.04
Forfeited (in dollars per share) | $ / shares					5.52		4.28
Nonvested at the end of the period (in dollars per share) | $ / shares			$ 4.82		$ 4.62		$ 4.95		$ 4.97
Fair value of shares vested | ¥				¥ 1,945		¥ 1,000		¥ 2,182

Foreign currency forward cont98

Foreign currency forward contracts (Details) € in Thousands, ¥ in Thousands, ¥ in Thousands, £ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)	Dec. 31, 2015JPY (¥)	Dec. 31, 2015EUR (€)	Dec. 31, 2014USD ($)	Dec. 31, 2014GBP (£)	Dec. 31, 2014CNY (¥)	Dec. 31, 2014JPY (¥)	Dec. 31, 2014EUR (€)	Dec. 31, 2013USD ($)	Dec. 31, 2013GBP (£)	Dec. 31, 2013CNY (¥)	Dec. 31, 2013JPY (¥)	Dec. 31, 2013EUR (€)	Dec. 31, 2015JPY (¥)	Dec. 31, 2014JPY (¥)	Dec. 31, 2014EUR (€)
Foreign currency forward contracts
Gain /(loss) from the change in the fair value on the effective portion of derivative contract	¥ 0					¥ 0					¥ 0
Foreign exchange forward contracts
Foreign currency forward contracts
Notional amount of derivative contracts entered		¥ 6,684,725	€ 26,686	$ 25,917	£ 171		¥ 922,031	€ 75,164	$ 20,683	£ 11,453		¥ 94,500	€ 64,254
Gain/(loss) from the change in the fair value on the ineffective portion of derivative contract	4,440					10,470					¥ (793)
Outstanding notional balances and the estimated fair value of derivative contracts
Notional amount													€ 11,082	¥ 1,846,515	¥ 384,584	€ 22,284
Foreign exchange forward contracts | Not designated as hedging instruments
Outstanding notional balances and the estimated fair value of derivative contracts
Notional amount	100,741					192,201
Estimate fair value	¥ 960					¥ 5,541
Foreign exchange forward contracts | Cash Flow Hedge
Foreign currency forward contracts
Hedging period, cash flows associated with third-party sales	12 months	12 months	12 months

Issuance of ordinary shares a99

Issuance of ordinary shares and warrants (Details) $ / shares in Units, ¥ in Thousands, $ in Millions

Aug. 14, 2013USD ($)$ / sharesshares

Aug. 14, 2013CNY (¥)shares

Aug. 14, 2013$ / sharesshares

Aug. 13, 2013$ / shares

Dec. 31, 2015CNY (¥)

Dec. 31, 2014CNY (¥)

Dec. 31, 2013CNY (¥)

Dec. 31, 2015$ / shares

Dec. 31, 2015CNY (¥)shares

Dec. 31, 2014$ / shares

May. 31, 2014$ / shares

May. 31, 2014CNY (¥)

Feb. 28, 2014$ / shares

Feb. 28, 2014CNY (¥)

Nov. 30, 2013$ / shares

Nov. 30, 2013CNY (¥)

Issuance of ordinary shares and warrants

Value of shares issued

$ 24

¥ 147,998

¥ 9

Par value (in dollars per share)

$ 0.0001

$ 0.0001

Proceeds from issuance of offering | ¥

¥ 128,529

128,529

Fair value of warrants | ¥

¥ 172,916

Fair value of warrants in excess of net proceeds of equity offering | ¥

¥ 44,396

¥ 44,396

Gain recognized based on a subsequent change in fair value of the warrants | ¥

¥ 39,593

¥ 74,014

Series A-1 Warrant

Issuance of ordinary shares and warrants

Exercisable period

3 months

Fair value of warrants | ¥

¥ 35,693

Series A-2 Warrant

Issuance of ordinary shares and warrants

Exercisable period

6 months

Fair value of warrants | ¥

¥ 2,797

Series A-3 Warrant

Issuance of ordinary shares and warrants

Exercisable period

9 months

Fair value of warrants | ¥

¥ 3,530

Series B Warrant

Issuance of ordinary shares and warrants

Exercisable period after the one-year anniversary

1 day

Expiration period

2 years

Ordinary shares.

Issuance of ordinary shares and warrants

Number of shares issued | shares

15,228,425

15,228,425

15,228,425

Par value (in dollars per share)

$ 0.0001

$ 0.0001

Ordinary shares. | Series A-1 Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

12,724,164

Initial exercise price (in dollars per share)

1.886

Ordinary shares. | Series A-2 Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

12,724,164

Initial exercise price (in dollars per share)

1.886

Ordinary shares. | Series A-3 Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

12,724,164

Initial exercise price (in dollars per share)

1.886

Ordinary shares. | Series B Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

50,896,656

Initial exercise price (in dollars per share)

2.18

ADS

Issuance of ordinary shares and warrants

Number of shares issued | shares

3,045,685

3,045,685

3,045,685

Issue price (in dollars per share)

$ 7.88

$ 7.88

Offering price as a percentage of volume-weighted average price of ADSs

94.00%

Share price (in dollars per share)

$ 8.383

ADS | Series A-1 Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

2,544,833

Initial exercise price (in dollars per share)

9.43

Exercise price (in dollars per share)

$ 9.43

ADS | Series A-2 Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

2,544,833

Initial exercise price (in dollars per share)

9.43

Exercise price (in dollars per share)

$ 9.43

ADS | Series A-3 Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

2,544,833

Initial exercise price (in dollars per share)

9.43

Exercise price (in dollars per share)

$ 9.43

ADS | Series B Warrant

Issuance of ordinary shares and warrants

Warrants issued (in shares) | shares

10,179,332

Initial exercise price (in dollars per share)

$ 10.90

Mainland China contribution 100

Mainland China contribution plan and profit appropriation (Details) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2015CNY (¥)	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)
China contribution plan
Total contribution for employee benefit plan under China contribution plan		¥ 127,860	¥ 104,719	¥ 96,062
Statutory reserves
Percentage appropriation to general reserve fund required	10.00%	10.00%
Reserve level threshold for mandatory transfer requirement (as a percent)	50.00%	50.00%
Mainland China contribution plan and profit appropriation
Restricted net assets		¥ 9,215,460
Reversal of common statutory reserve fund due to an adjustment related to income tax filing difference		8,257
PRC subsidiaries
Mainland China contribution plan and profit appropriation
Restricted net assets		116,337	¥ 26,657	¥ 1,760
JingAo Solar Co., Ltd. ("JA Hebei")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		2,600,000
Shanghai JA Solar Technology Co., Ltd. ("JA Fengxian")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	$ 80,000
Shanghai JA Solar PV Technology Co., Ltd. ("JA Zhabei")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	20,000
JA Solar Technology Yangzhou Co., Ltd. ("JA Yangzhou")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	260,000
Jing Hai Yang Semiconductor Materials (Donghai) Co., Ltd. ("JA Lianyungang")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	108,000
JA Yangzhou PV Technology Co., Ltd. ("JA Yangzhou PV")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	10,000
Shanghai Jinglong Solar Technology Co., Ltd. ("JA Jinglong")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		180,000
Donghai JA Solar Technology Co., Ltd. ("JA Wafer R&D")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		50,000
JA (Hefei) Renewable Energy Co., Ltd. ("JA Hefei Renewable Energy")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	15,000
Hefei JA Solar Technology Co., Ltd. ("JA Hefei Technology")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		1,440,000
Solar Silicon Valley Electronic Science and Technology Co., Ltd. ("Solar Silicon Valley")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	36,986
JA Solar Investment China Co., Ltd ("JA Investment")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	50,000
Dunhuang JA Solar Power Development Co., Ltd ("JA Dunhuang")
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		321,000
Hebei Ningjin Songgong Semiconductor Co., Ltd.
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		275,000
JA Solar PV Technology Co., LTD
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend | $	$ 10,000
JA Solar PV Electric (Shexian) Co,. Ltd
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		9,000
Aiyouen Power Electric (Yinchuan) Company Limited
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		26,000
JA Solar PV Electric (Baotou) Company Limited
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		4,500
Beijing JA Solar PV Technology Co., Ltd
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		60,000
JA Solar PV Electric (Huanghua) Co,. Ltd
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		5,000
JA Solar PV Electric (Yanchi) Co,. Ltd
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		5,500
JA New Energy Development (Hebei) Co., Ltd
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		6,000
Other JA PV Electric companies
Mainland China contribution plan and profit appropriation
Paid-in-capital amounts unavailable for distribution as nominal dividend		¥ 226,318

Earnings (loss) per share (Deta

Earnings (loss) per share (Details) ¥ / shares in Units, ¥ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)¥ / sharesshares	Dec. 31, 2014CNY (¥)¥ / sharesshares	Dec. 31, 2013CNY (¥)¥ / sharesshares	Dec. 31, 2015$ / shares
Numerator :
Net (loss)/income attributable to JA Solar Holdings	¥ 623,713	¥ 423,771	¥ (429,280)
Fair value of warrants in excess of net proceeds of equity offering			(44,396)
Allocation of net income to participating warrant holder	(107,828)	(77,174)
Net (loss)/income attributable to JA Solar's ordinary shareholders	515,885	346,597	(473,676)
Dilutive effect of:
Add back allocation to participating warrant holder		4,336
Excluding portion of fair value gain		(16,716)
Numerator for diluted earnings per share	¥ 515,885	¥ 334,217	¥ (473,676)
Denominator:
Denominator for basic loss per share - weighted average ordinary shares outstanding | shares	243,506,821	242,192,859	201,317,884
Dilutive effect of share options and RSUs | shares	238,100	363,633
Dilutive effect of warrants | shares		306,592
Denominator for diluted loss per share (in shares) | shares	243,744,921	242,863,084	201,317,884
Basic (loss)/earnings per share | ¥ / shares	¥ 2.12	¥ 1.43	¥ (2.35)
Diluted (loss)/earnings per share | ¥ / shares	¥ 2.12	¥ 1.38	¥ (2.35)
Options and RSUs
Denominator:
Shares not included in calculation because of anti-dilutive effect | shares	3,437,510	2,856,278	3,433,109
Warrants
Denominator:
Shares not included in calculation because of anti-dilutive effect | shares	50,896,656	52,569,971	30,806,670
ADS | Series B warrant
Denominator:
Initial exercise price (in dollars per share) | $ / shares				$ 10.90
ADS | Series A-3 Warrant
Denominator:
Initial exercise price (in dollars per share) | $ / shares				$ 9.43

Related party transactions (Det

Related party transactions (Details) - CNY (¥) ¥ in Thousands	1 Months Ended		12 Months Ended
	Jun. 30, 2013	Jul. 31, 2006	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related party transactions
Amounts due to related parties-short term			¥ 388,908	¥ 339,317
Accounts receivable from related party customers, net			168,475	382,276
Amount due from related parties-short term			45,654	47,890
Amounts due from related parties-long term			280,080	500,311
Rental expenses under operating lease agreements			74,275	61,950	¥ 53,422
Sales of products			126,495	188,597	396,505
Purchase of products			1,015,077	1,079,882	645,139
Outsourcing service fee			8,438	14,735	7,124
Purchase of equipment and building				79,941	1,967
Sales of equipment					5,000
Provide entrusted loan			40,000	40,000	40,000
Provide Guarantee			0	0	20,000
Receive Guarantee			661,714	752,047	278,000
Hebei Jinglong
Related party transactions
Amounts due to related parties-short term			3,904	8,040
Accounts receivable from related party customers, net			18,011	106,194
Amount due from related parties-short term			39,194	60,000
Amounts due from related parties-long term			26,757	10,145
Initial term of long-term supply contract		4 years 6 months
Extended term of long-term supply contract		3 years
Purchase of silicon wafer supplies			0	0	205,047
Unused prepayment			65,951	70,145	113,603
Rental expenses under operating lease agreements			52,614	47,352	42,089
Outsourcing service fee			0	320	1,024
Receive Guarantee			581,714	672,047	228,000
Jing Wei
Related party transactions
Amounts due to related parties-short term			39,785	84,020
Accounts receivable from related party customers, net			5,282	28,194
Xingtai Jinglong
Related party transactions
Amounts due to related parties-short term			63,766	63,633
Accounts receivable from related party customers, net			16,079	19,694
Songgong Electronics
Related party transactions
Amounts due to related parties-short term			92,709	17,302
Accounts receivable from related party customers, net			87,641	67,243
Yangguang Guifeng
Related party transactions
Amounts due to related parties-short term			32,914	88,757
Accounts receivable from related party customers, net			748	40,726
Saimei Ganglong
Related party transactions
Amounts due to related parties-short term			32,574	34,821
Fine Chemical
Related party transactions
Amounts due to related parties-short term			14,183	24,827
Hebei Jinglong Sunshine Equipment Co., Ltd.
Related party transactions
Amounts due to related parties-short term			46,563	1,817
Ningjin Jingxing Electronic Material Co., Ltd.
Related party transactions
Amounts due to related parties-short term			27,152	4,810
Other related parties
Related party transactions
Amounts due to related parties-short term			35,358	11,290
Accounts receivable from related party customers, net			5,394	10,818
Amount due from related parties-short term			5,654	7,890
Sales of products			92,158	115,382
Hebei Ningjin Songgong Semiconductor Co., Ltd. ("Ningjin Songgong")
Related party transactions
Sales of products					1,531
Purchase of products					35,504
Lin Cheng
Related party transactions
Accounts receivable from related party customers, net			35,320	109,407
Yangzhou Property
Related party transactions
Amount due from related parties-short term			40,000	40,000
Accrued loss contingency related to guarantee			0
Purchase of equipment and building				77,398
Provide entrusted loan	¥ 40,000		40,000	40,000	40,000
Provide Guarantee					20,000
Receive Guarantee			¥ 80,000	80,000	50,000
Consideration for acquisition				77,398
Annual interest rate	6.60%		7.00%
Repayment term (in years)	1 year
Subsidiaries of Hebei Jinglong
Related party transactions
Sales of products			¥ 34,337	73,215	394,974
Purchase of products			1,015,077	1,079,882	609,635
Outsourcing service fee			¥ 8,438	14,735	7,124
Purchase of equipment and building				¥ 2,543	1,967
Sales of equipment					¥ 5,000
Mr. Baofang Jin | Hebei Jinglong
Related party transactions
Percentage of ownership interest held by related party		32.96%
Mr. Baofang Jin | Jinglong BVI
Related party transactions
Percentage of ownership interest held by related party		32.96%

Commitments and Contingencie103

Commitments and Contingencies (Details) ¥ in Thousands, $ in Millions	Mar. 31, 2015USD ($)	Dec. 31, 2015CNY (¥)item	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)	Dec. 31, 2015USD ($)	Dec. 31, 2015CNY (¥)	Dec. 31, 2014USD ($)	Dec. 31, 2014CNY (¥)
Supplier contract
2,016						¥ 2,695,105
2,017						1,687,817
2,018						1,649,245
2,019						1,610,673
2,020						808,453
Total						8,451,293
Other supply agreement with variable price provisions
Outstanding supplier advances						168,584		¥ 441,559
Loss provision on long-term purchase arrangements		¥ 0	¥ 0	¥ 0
Hemlock
Other supply agreement with variable price provisions
Loss provision on long-term purchase arrangements		0	0
Hemlock | Long-term supply contract
Other supply agreement with variable price provisions
Damages sought by supplier | $	$ 921
Loss provision on long-term purchase arrangements		0	0	0
Provision for balance of advance payment made to supplier					$ 10.2	63,300	$ 10.2	63,300
"Take or pay" supply agreements
Supplier contract
Purchases made under "take or pay" agreements				957,358		1,929,867		1,581,048
2,016						2,331,838
2,017						1,687,817
2,018						1,649,245
2,019						1,610,673
2,020						808,453
Total						8,088,026
Other supply agreement with variable price provisions
Outstanding supplier advances						341,447		¥ 561,363
"Take or pay" supply agreements | Hemlock
Supplier contract
Purchase obligations not performed		¥ 877	¥ 507,000	¥ 259,000
Other Multi-year supply agreements
Supplier contract
2,016						363,267
Total						¥ 363,267
Polysilicon
Other supply agreement with variable price provisions
Supply agreements with variable price provisions 2016-2018 | item		0
Silicon wafers
Other supply agreement with variable price provisions
Supply agreements with variable price provisions 2016-2018 | item		720,000,000

Commitments and Contingencie104

Commitments and Contingencies (Details 2) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Future minimum obligations for operating leases
2,016	¥ 69,794
2,017	7,448
2,018	1,847
2,019	510
Thereafter	510
Total	80,109
Rent expense	74,275	¥ 61,950	¥ 53,422
Capital expenditure
Amount contracted for capital expenditure on machinery and equipment	¥ 581,680

Fair value measurements (Detail

Fair value measurements (Details) - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Foreign exchange forward contracts
Assets:
Derivative assets	¥ 960
Derivatives liabilities - warrants
Liabilities:
Derivatives liabilities - warrants	(71,237)
Fair value, measurements, recurring | Foreign exchange forward contracts
Assets:
Derivative assets		¥ 5,541
Fair value, measurements, recurring | Derivatives liabilities - warrants
Liabilities:
Derivatives liabilities - warrants		(105,785)
Fair value, measurements, recurring | Significant Other Observable Inputs (Level 2) | Foreign exchange forward contracts
Assets:
Derivative assets	960	5,541
Fair value, measurements, recurring | Significant Unobservable Inputs (Level 3) | Derivatives liabilities - warrants
Liabilities:
Derivatives liabilities - warrants	¥ (71,237)	¥ (105,785)

Fair value measurements (Det106

Fair value measurements (Details 2) - Warrant derivatives - Significant Unobservable Inputs (Level 3) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Changes in fair value of liabilities measured on recurring basis using unobservable input
Balance at the beginning of the period	¥ (105,785)	¥ (185,365)
Unrealized gain included in change in fair value of warrant derivatives	(39,593)	(74,014)
Exercise of warrants reclassified to additional paid-in capital		6,343
Exchange loss	(5,045)	(777)
Balance at the end of the period	¥ (71,237)	¥ (105,785)

Fair value measurements (Det107

Fair value measurements (Details 3) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair value measurements at reporting date
Change in fair value of derivatives	¥ 44,033	¥ 84,484	¥ (51,867)
Derivatives liabilities - warrants
Fair value measurements at reporting date
Change in fair value of derivatives	39,593	74,014	(51,074)
Foreign exchange forward contracts | Not designated as hedging instruments
Fair value measurements at reporting date
Change in fair value of derivatives	¥ 4,440	¥ 10,470	¥ (793)

Segment information (Details)

Segment information (Details) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)segment	Dec. 31, 2014CNY (¥)	Dec. 31, 2013CNY (¥)
Segment Reporting Information [Line Items]
Number of operating segments | segment	2
Revenues	¥ 13,525,407	¥ 11,295,523	¥ 7,182,789
Gross profit	2,292,589	1,756,495	762,289
Depreciation, depletion, and amortization expense	(797,671)	(685,345)	(595,792)
Interest expense	(249,382)	(229,665)	(285,618)
Interest income	25,571	28,213	17,091
Income/(loss) before income taxes	771,802	520,040	(441,519)
Total assets	16,305,903	14,483,778	11,881,694
Operating segments | Manufacturing
Segment Reporting Information [Line Items]
Revenues	13,461,181	11,295,523	7,182,789
Gross profit	2,258,099	1,756,495	762,289
Depreciation, depletion, and amortization expense	(771,986)	(685,345)	(595,792)
Interest expense	(218,759)	(229,665)	(285,618)
Interest income	25,321	28,169	17,069
Income/(loss) before income taxes	880,393	701,363	(436,701)
Total assets	15,318,101	14,193,590	11,847,433
Operating segments | Solar projects
Segment Reporting Information [Line Items]
Revenues	64,226
Gross profit	34,490
Depreciation, depletion, and amortization expense	(25,685)
Interest expense	(30,623)
Interest income	250	44	22
Income/(loss) before income taxes	(48,992)	(5,619)	(97)
Total assets	1,277,414	791,884	75,586
Elimination
Segment Reporting Information [Line Items]
Revenues	(263,332)	(690,593)	(39,341)
Gross profit	(59,599)	(175,704)	(4,721)
Income/(loss) before income taxes	(59,599)	(175,704)	(4,721)
Total assets	(289,612)	(501,696)	(41,325)
Elimination | Manufacturing
Segment Reporting Information [Line Items]
Revenues	263,332	690,593	39,341
Gross profit	¥ 59,599	¥ 175,704	¥ 4,721

Segment information (Details 2)

Segment information (Details 2) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
China
Segment information
Total net revenue	¥ 5,819,828	¥ 3,741,732	¥ 3,001,498
Outside China:
Segment information
Total net revenue	7,705,579	7,553,791	4,181,291
Japan
Segment information
Total net revenue	2,437,507	3,852,572	1,596,703
Rest of the world
Segment information
Total net revenue	5,268,072	¥ 3,701,219	¥ 2,584,588
Malaysia
Segment information
Total long-lived fixed assets	¥ 401,473

Certain risks and uncertaint110

Certain risks and uncertainties (Details) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)customer	Dec. 31, 2014CNY (¥)customer	Dec. 31, 2013CNY (¥)customer	Dec. 31, 2012CNY (¥)
Certain risks and uncertainties
Aggregate amount of cash and cash equivalents | ¥	¥ 2,883,294	¥ 2,155,009	¥ 2,119,740	¥ 3,031,462
Foreign currency risk | Denominated in RMB
Certain risks and uncertainties
Aggregate amount of cash and cash equivalents | ¥	¥ 1,798,414	¥ 1,121,695
Accounts receivable | Accounts receivable balances
Certain risks and uncertainties
Number of individual customers accounting for 10% or more of total revenues or accounts receivable | customer	0
Accounts receivable | Accounts receivable balances | 3 largest customers
Certain risks and uncertainties
Revenue and accounts receivable by major customer (as a percent)	23.00%	17.00%
Revenues | Geographic concentration risk | Japan
Certain risks and uncertainties
Number of individual customers accounting for 10% or more of total revenues or accounts receivable | customer	1	1	1
Revenue and accounts receivable by major customer (as a percent)	12.50%	28.80%	18.60%

Ordinary shares (Details)

Ordinary shares (Details)	12 Months Ended
	Dec. 31, 2015Vote / shares
Ordinary shares
Number of votes per share	1

Share repurchase (Details)

Share repurchase (Details) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)shares	Dec. 31, 2015CNY (¥)shares	Nov. 17, 2014USD ($)
Amount of share repurchase program approved			$ 90,000
Number of shares repurchased | shares	14,855,815	14,855,815
Value of shares repurchased	$ 22,441	¥ 139,753
ADS
Amount of share repurchase program approved			$ 90,000

Restricted net assets (Details)

Restricted net assets (Details) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015CNY (¥)
Restricted net assets
Annual appropriations as a percentage of net after-tax income to be set aside prior to payment of any dividends	10.00%
Restricted net assets	¥ 9,215,460
Restricted portion of net assets as a percentage of total consolidated net assets	158.30%

Additional information - con114

Additional information - condensed financial statements of the Company (Details) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statement Of Operations
Total operating expenses	¥ (1,427,571)	¥ (1,093,990)	¥ (853,542)
(Loss)/income from operations	865,018	662,505	(91,253)
Interest expense	(249,382)	(229,665)	(285,618)
Change in fair value of derivatives	44,033	84,484	(51,867)
Share of loss/(income) from subsidiaries	2,147	(441)	(2,108)
Other (loss)/income	48,492	33,114	16,064
(Loss)/income before income taxes	771,802	520,040	(441,519)
Net (loss)/income	623,713	423,771	(429,280)
Net (loss)/income attributable to JA Solar's ordinary shareholders	515,885	346,597	(473,676)
JA Solar Holdings Co., Ltd.
Consolidated Statement Of Operations
Total operating expenses	(65,233)	(38,940)	(24,368)
(Loss)/income from operations	(65,233)	(38,940)	(24,368)
Interest expense			(47,330)
Change in fair value of derivatives	39,593	74,014	(51,074)
Share of loss/(income) from subsidiaries	509,243	380,263	(246,909)
Other (loss)/income	140,110	8,434	(59,599)
(Loss)/income before income taxes	623,713	423,771	(429,280)
Net (loss)/income	623,713	423,771	(429,280)
Fair value balance as of Aug. 13, 2013			(44,396)
Net (loss)/income attributable to JA Solar's ordinary shareholders	¥ 623,713	¥ 423,771	¥ (473,676)

Additional information - con115

Additional information - condensed financial statements of the Company (Details 2) - CNY (¥) ¥ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	¥ 2,883,294	¥ 2,155,009	¥ 2,119,740	¥ 3,031,462
Other current assets	448,560	713,763
Total current assets	10,024,507	8,600,503
Investments in subsidiaries	55,169	13,524
Total assets	16,305,903	14,483,778	11,881,694
Current liabilities:
Derivatives liabilities - warrants	71,237	105,785
Total current liabilities	7,174,813	6,580,086
Total liabilities	¥ 10,388,755	¥ 9,016,910
Commitments and Contingencies
Shareholders' equity :
Ordinary shares (US$0.0001 par value;500,000,000 shares authorized, 252,301,917 and 237,853,602 shares issued and outstanding as of December 31, 2014 and December 31, 2015)	¥ 176	¥ 186
Additional paid-in capital	5,649,304	5,638,703
Accumulated deficit/(surplus)	(358,977)	(726,610)
Accumulated other comprehensive income/(loss)	(23,952)	11,086
Total shareholders' equity attributable to JA Solar Holdings	5,819,695	5,360,172
Total liabilities and shareholders' equity	16,305,903	14,483,778
JA Solar Holdings Co., Ltd.
Current assets:
Cash and cash equivalents	1,070	29,223	¥ 34,293	¥ 17,011
Other current assets		2,257
Total current assets	1,070	31,480
Investments in subsidiaries	3,458,210	2,978,282
Amount due from subsidiaries	2,684,130	2,566,506
Total assets	6,143,410	5,576,268
Current liabilities:
Other payables to subsidiaries and employees	131,424	6,364
Accrued and other liabilities	30,144	11,454
Derivatives liabilities - warrants	71,237	105,785
Total current liabilities	232,805	123,603
Long-term amount due to subsidiaries	90,910	92,493
Total liabilities	¥ 323,715	¥ 216,096
Commitments and Contingencies
Shareholders' equity :
Ordinary shares (US$0.0001 par value;500,000,000 shares authorized, 252,301,917 and 237,853,602 shares issued and outstanding as of December 31, 2014 and December 31, 2015)	¥ 176	¥ 186
Additional paid-in capital	5,649,304	5,638,703
Accumulated deficit/(surplus)	194,167	(289,803)
Accumulated other comprehensive income/(loss)	(23,952)	11,086
Total shareholders' equity attributable to JA Solar Holdings	5,819,695	5,360,172
Total liabilities and shareholders' equity	¥ 6,143,410	¥ 5,576,268

Additional information - con116

Additional information - condensed financial statements of the Company (Details 3) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Condensed Balance Sheet
Ordinary shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	500,000,000	500,000,000
Ordinary shares, shares issued	237,853,602	252,301,917
Ordinary shares, shares outstanding	237,853,602	252,301,917
JA Solar Holdings Co., Ltd.
Condensed Balance Sheet
Ordinary shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	500,000,000	500,000,000
Ordinary shares, shares issued	237,853,602	252,301,917
Ordinary shares, shares outstanding	237,853,602	252,301,917

Additional information - con117

Additional information - condensed financial statements of the Company (Details 4) - CNY (¥) ¥ in Thousands	Aug. 14, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net (loss)/income		¥ 623,713	¥ 423,771	¥ (429,280)
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation expense		9,405	16,281	9,401
Share of (loss)/income from subsidiaries		(2,147)	441	2,108
Amortization of deferred issuance cost and increase in accretion of convertible notes				35,030
Change in fair value of derivatives		(44,033)	(84,484)	51,867
Exchange loss/(income)		(11,274)	(850)	(261)
Changes in operating assets and liabilities:
Decrease in other current assets		257,846	(167,030)	256,591
Decrease in interest payable				(4,123)
Net cash provided by operating activities		1,257,545	526,169	1,464,677
Cash flows from investing activities:
Net cash used in investing activities		(1,103,188)	(1,372,766)	(613,980)
Cash flows from financing activities:
Proceeds from exercise of stock options		1,196	2,171	3,389
Proceeds from issuance of ordinary shares	¥ 128,529			128,529
Proceeds from issuance of ordinary shares upon exercise of warrants			286,747	143,107
Net cash provided by/(used in) financing activities		563,465	877,269	(1,771,926)
Effect of exchange rate changes on cash and cash equivalents		10,463	4,597	9,507
Net increase/(decrease) in cash and cash equivalents		728,285	35,269	(911,722)
Cash and cash equivalents at the beginning of the year		2,155,009	2,119,740	3,031,462
Cash and cash equivalents at the end of the year		2,883,294	2,155,009	2,119,740
JA Solar Holdings Co., Ltd.
Cash flows from operating activities:
Net (loss)/income		623,713	423,771	(429,280)
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation expense		3,681	4,985	1,960
Share of (loss)/income from subsidiaries		(509,243)	(380,263)	246,909
Amortization of deferred issuance cost and increase in accretion of convertible notes				35,030
Change in fair value of derivatives		(39,593)	(74,014)	51,074
Exchange loss/(income)		(150,686)	(11,636)	85,032
Changes in operating assets and liabilities:
Decrease in other current assets		2,257	1,374	1,651
Increase/(decrease) in other payables to subsidiaries and employees		10	(1,424)	1,216
(Decrease)/increase in accrued and other liabilities		18,690	7,843	(10,978)
Decrease in interest payable				(4,123)
Net cash provided by operating activities		(51,171)	(29,364)	(21,509)
Cash flows from investing activities:
Loans repayment by subsidiaries		37,206	244,772	133,458
Net cash used in investing activities		37,206	244,772	133,458
Cash flows from financing activities:
Proceeds from exercise of stock options		1,196	2,171	3,389
Proceeds from short-term loan from subsidiaries		125,050
Proceeds from long-term loan from subsidiaries				623,759
Proceeds from issuance of ordinary shares				128,529
Proceeds from issuance of ordinary shares upon exercise of warrants			286,747	143,107
Repurchase of ADS		(139,753)
Repayment of long-term loan from subsidiaries		(1,583)	(509,571)	(253,629)
Repurchase of senior convertible notes				(740,027)
Net cash provided by/(used in) financing activities		(15,090)	(220,653)	(94,872)
Effect of exchange rate changes on cash and cash equivalents		902	175	205
Net increase/(decrease) in cash and cash equivalents		(28,153)	(5,070)	17,282
Cash and cash equivalents at the beginning of the year		29,223	34,293	17,011
Cash and cash equivalents at the end of the year		¥ 1,070	¥ 29,223	¥ 34,293