As per the terms of the agreement, CDB will provide up to RMB30bn ($4.43bn) of credit facilities and financing to JA Solar to support JA Solar’s long-term growth and corporate development plans.
The financial partnership agreement between JA Solar and CDB provides a broad framework in which CDB and JA Solar will collaborate for mutual opportunities to facilitate JA Solar’s strategic growth plans.
As a strategic partner, CDB will provide financial support for JA Solar’s capital needs for future projects and long-term development plan.
CDB also agrees to actively support JA Solar in the investment in and financing of its business development and growth plans.
