Funny Video - JA Solar Announced It Entered Into A Definitive Agreement To Acquire Silver Age Holdings Limited

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JA Solar (NASDAQ:JASO) announced entered definitive agreement acquire 100% ownership interest Silver Age Holdings Limited. At time closing JA Solar issue 30.901 million ordinary shares consideration price $5.825 share. Dr. Fang Peng, CEO JA Solar, commented, "This agreement represents important step JA Solar' strategy optimizing cost structure selective vertical integration. In today' solar market, essential producers improve costs maintaining relentless focus technology product quality. By boosting JA Solar' internal wafer capacity acquisition, expect achieve greater economies scale improve company' profitability. Furthermore, Solar Silicon Valley key technologies leveraged provide superior quality wafer substrates high-efficiency solar cell products. As cost leader solar industry, expect transaction enhance JA Solar' leadership position enable meet strong global demand high-quality, high-efficiency solar products."