BAODING, China, July 16, 2012 /PRNewswire-Asia-FirstCall/ -- 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 markets its products under the brand "Yingli Solar", today announced that 2012 Yingli Workshop (the "Workshop") was completed successfully in Haikou, Hainan province of China on July 13th and 14th, 2012.
The Workshop attracted more than 50 customers, mostly from the Southeast Asia. During the Workshop, the Company introduced its differentiated products and sustainable development strategy. The Workshop also featured a facility tour and an open discussion between attendees and the Company's engineers, which provided attendees with opportunities to learn more about the Company's high automated production lines and state-of-the-art technologies.
"We are pleased at the success of the workshop, which further deepens the relationships between Yingli and our customers in Southeast Asia," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "With abundance sunlight resources, Southeast Asia has grown into one of the most promising solar markets. We expect to continue to expand our market share by working closely with our customers and providing them with differentiated products, technological supports and convenient services."
"We are quite impressed by Yingli's progress in terms of market share, technological advancement and most importantly its quality control where it was ranked number 2 out of 13 competitors in the 2010 TV Rheinland Energy Yield Test. We will not hesitate to recommend or adopt Yingli Solar modules for our projects." commented Albert Lim, Managing Director of SolarGy Pte Ltd, Singapore.
"It was a very well organized workshop and the visit was an eye-opener to Yingli's strength in strategic and financial planning, R&D and foresight in this industry. The superior product quality and 25-year warranty assurance for after sales service support will give tremendous confidence to end-users. Yingli technical team are very experienced and provide an excellent platform for service providers like us to promote and use Yingli's modules in all our projects. We are indeed proud to be Yingli's distributor." commented May Loke, Managing Director of Solarlite Green Energy Sdn. Bhd, Malaysia.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand "Yingli Solar," is a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. Yingli Green Energy's manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. Currently, Yingli Green Energy maintains a balanced vertically integrated production capacity of 1,850 MW per year. Capacity expansion projects of an additional 600 MW in total are under construction in Baoding, Haikou, Tianjin and Hengshui, which are expected to increase the Company's total nameplate production capacity to 2,450 MW by the end of 2012. Yingli Green Energy distributes its 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 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit 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," "target" and similar statements. Such statements are based upon management's current expectations and 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.
For further information, please contact:
In China:
Qing Miao
Director of Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86-312-8929787
Email: ir@yinglisolar.com
In the Americas:
Helena Kimball
Head of Marketing Communications
Yingli Green Energy Americas Inc.
Tel: +1-603-5915812
Email: helena.kimball@yingliamericas.com
In Europe:
Rebecca Jarschel
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel: +49-89-540303412
Email: rebecca.jarschel@ygee.eu
