On November 12, a rumor that "the photovoltaic storage platform has been yellow" set off a "bloody storm" in the photovoltaic circle.
On the same day, the A-share market photovoltaic plate a "green sea", photovoltaic ETF overall fell more than 4%, Atlas once fell more than 17%, Longji Green Energy, Jingao Technology and other leading stocks approaching the limit. In the

afternoon of the same day, Liu Yiyang, executive Secretary-General of China Photovoltaic Industry Association, responded to the above rumors and refuted rumors in social media. Liu Yiyang made a clear statement in the article: " We will not stop until the photovoltaic industry gets out of the vicious competition of involution.". (For details, please click: Fight to the end!
Subsequently, the official WeChat of China Photovoltaic Industry Association issued an article entitled " Statement on False News on the Internet" in response to the above rumors.
That night, Jingao Technologies, which was at the center of the storm of public opinion, issued an emergency statement, making it clear that the secretary of the board of directors of the company had not made any online comments at any internal or external meetings, and that the relevant content was a rumor on the Internet.
The original text is as follows:
Clarification Announcement
of Jingao Technology Recently, false statements about Jingao Solar Energy Technology Co., Ltd. (Hereinafter referred to as "Jingao Technology" or "Company") have been circulated on the Internet, causing some concern. In this regard, the company clarifies and solemnly declares as follows:
First, the secretary of the board of directors of the company has not made any online comments at any internal or external meetings. The relevant content is a rumor on the Internet, which seriously misleads the public and damages the reputation of the company and the industry. In view of the dissemination of false statements, the company reserves the right to pursue relevant responsibilities through legal channels.
2. The company reminds investors, partners and the public that they should know the true information through the information disclosure media designated by the CSRC and the company's official channels, not believe or spread rumors, and jointly maintain a healthy market order and public opinion environment. The company will fulfill the obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations. Investors are advised to invest rationally and pay attention to investment risks.
Hereby announce. Board of Directors
of
JA Solar Technology Co., Ltd.
November 12
, 2025
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