Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which holds the brand “Yingli Solar,” today announced a senior government delegation including Jiang Zemin, former President of China, Zeng Peiyan, former Vice Premier of China, and Zhang Guobao, Director of the National Energy Administration of China, visited Yingli Green Energy’s headquarters in Baoding on March 5 and 6, 2010.
During the two-day tour, the delegation visited Yingli Green Energy’s vertically-integrated manufacturing facilities, including the Company’s state-of-the-art polysilicon manufacturing plant, Fine Silicon. The delegation was briefed by the Company’s management on the Company’s business strategies, market position as well as prospects of the PV industry, especially in China. The delegation showed great interest throughout the tour, and congratulated the Company on its leading position in the industry and its contributions to society.
“It is a great honor and privilege to host Mr. Jiang and the delegation at our headquarters,” said Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “This high level visit once again reflects Yingli Green Energy’s influence in the PV industry, and is also a positive sign showing valuable attention and support to renewable energy companies. We are inspired by the guests’ interest in our industry as well as their compliments on our achievements. We look forward to leveraging our leading position in the industry to further contribute to a cleaner, greener world.”
Mr. Miao also noted news reports that the agendas for this year’s plenary sessions of the National People’s Congress and the People’s Political Consultative Conference in Beijing include topics such as enhancing environmental protection and developing a low carbon economy, which is a positive sign for the continued growth of the domestic PV market and China-based solar companies.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), which holds the brand Yingli Solar, is a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers. Yingli Green Energy develops, manufactures and sells photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 6000 employees and more than 10 branch offices worldwide. Yingli Green Energy is publicly listed on New York Stock Exchange ( YGE). For more information, please visit http://www.yinglisolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “is/are likely to” and similar statements, in particular, those relating to the anticipated shipments for the second quarter of 2009 and the expected gross margin target for the same quarter. Such statements are based upon management’s current expectations and projections about future events and financial trends, as well as current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy’s control, which may cause Yingli Green Energy’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy’s filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
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