JA Solar Technology Co., Ltd. ENGLISH TRANSLATION OF CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 1 JANUARY 2023 TO 31 DECEMBER 2023 IF THERE IS ANY CONFLICT BETWEEN THE CHINESE VERSION AND ITS ENGLISH TRANSLATION, THE CHINESE VERSION WILL PREVAIL JA Solar Technology Co., Ltd. Notes to the financial statements (Expressed in Renminbi Yuan unless otherwise indicated) I Basic Information of the Company JA Solar Technology Co., Ltd. (hereinafter referred to as “the Company”), formerly known as Qinhuangdao Tianye Tonglian Heavy Industry Co., Ltd. (hereinafter referred to as “Tian Ye Tong Lian”), the predecessor of the Company is Qinhuangdao Beidaihe Tonglian Road and Bridge Machinery Co., Ltd., which was founded on October 20, 2000, after several capital increase and equity transfer, in July 2008, the Company was changed to a joint stock company with May 31, 2008 as the benchmark date, and the share capital of the Company was RMB120 million after the change. The Company went through the formalities for industrial and commercial registration change at the Qinhuangdao City Administration for Industry and Commerce of Hebei Province on July 18, 2008. On August 10, 2010, Tian Ye Tong Lian successfully listed in Shenzhen Stock Exchange. On November 15, 2019, JA Solar Co., Ltd. (hereinafter referred to as "JA Solar") has successfully back door listed in Shenzhen Stock Exchange through Tian Ye Tong Lian. On December 11, 2019, Tian Ye Tong Lian completed the industrial and commercial change and officially changed its name to "JA Solar Technology Co., Ltd.". On December 13, 2019, the abbreviation of Tian Ye Tong Lian securities was officially changed to "JA Technology". As of December 31, 2023, the Company's total share capital is RMB 3,316,259,833.00, and par value of each share is RMB 1. As of 31 December 2023, the registered capital of the Company was RMB 2,356,514,564.00. Registered address: No. 123. Xinxing Road, Ningjin County, Hebei Province. Office address: Building No.8, Noble Center,Automobile MuseumEastRoad,Fengtai District,Beijing.Uniform social credit code: 91130300601142274F. The parent companyof the Company is Dongtai Jingtaifu Technology Co., Ltd. (formerly known as Ningjin Jingtaifu Technology Co., Ltd.), and the actual controller is Jin Baofang. The principal business activities of the Company and its subsidiaries (referred to as “the Group”) are: production and processing of monocrystalline silicon rods and monocrystalline silicon wafers; production of solar cells and modules; research and develop solar products; sales of solar cells, modules and related products and raw materials; solar photovoltaic grid- connected power generation, electricity sales; development, construction, operation, management and maintenance of solar photovoltaic power plants; import and export of goods and technology; engaged in technology development and technology transfer in the field of solar cells; workshop lease; space lease; electrical equipment rental (those involving administrative licensing shall be operated with permits). (For any item subject to approval according to the law, relevant business activities shall be conducted upon approval by the relevant departments). For information about the subsidiaries of the Company, refer to Note VIII. During the reporting period, the information about increases and decreases in the Group’s subsidiaries is disclosed in Note VII. II Basis of preparation 1 Basis of preparation This financial statement is in accordance with the “Accounting Standards for Business Enterprises - Basic Standard” and relevant specific standards, application materials, interpretations (together hereinafter referred to as “Accounting Standards for Business Enterprises”) issued by the Ministry of Finance, and the disclosure requirements relating to financial statements and notes from “Information Disclosure Rules for Companies of securities for public issuance No. 15 - General Regulations for Financial Statements” amended by the China Securities Regulatory Commission (hereinafter referred to as “CSRC”) in 2023. 2 Going concern As at 31 December 2023, the Group’s current liabilities exceeded current assets by RMB1,134,042,186.73. After taking into account the Group'sexpected operating cash flow and available bank facilities, the Group will also seek long-term loans and repay current debts by carrying out financing activities, and considers alternative sources of financing when appropriate and necessary. It is the opinion of management that the Group will be able to meet its financial commitments as t