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Rating: JASO
Outperform $13

Ja Solar Holdings, Co., Ltd. (NASDAQ: JASO) upgraded to Outperform with price target $13 by RBC Capital Mkts

Friday,  Jan 30, 2015  8:25 AM ET by Betsy O'Brien Harrison

RBC Capital Mkts upgraded Ja Solar Holdings, Co., Ltd. (NASDAQ: JASO) to Outperform with price
target $13. Previously RBC Capital Mkts upgraded to Ja Solar Holdings, Co., Ltd. (NASDAQ: JASO) to Sector Perform with price target $12 on 03/18/2014, when the stock price was $12.10.

JA Solar Holdings Co., Ltd. (JA Solar) is engaged in the development, production and marketing of photovoltaic (PV) solar cells, which convert sunlight into electricity, in the People's Republic of China (PRC). Its solar cells are assembled and integrated into solar modules and systems that convert sunlight into electricity through a process known as the photovoltaic effect. Substantially all of the Company's business is conducted through the operating subsidiaries, JingAo Solar Co., Ltd. (JA Hebei), Shanghai JA Solar PV Technology Co., Ltd. (JA Zhabei) and JA Solar Technology Yangzhou Co., Ltd. (JA Yangzhou), in which the Company indirectly holds a 100% interest. JA Solar also produces and sells monocrystalline and multicrystalline solar cells.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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