BAODING, China, Aug. 3 /PRNewswire-Asia/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced the appointment of Ms. Jingyi Judy Tzeng as Director of Corporate Development and the appointment of Mr. Zhuo Arthur Chen as Legal Counsel.
Ms. Tzeng will play an important role in defining and implementing the Company's business strategies and developing partnerships that will increase the Company's product reach and create additional revenue opportunities. Prior to joining Yingli Green Energy, Ms. Tzeng served as assistant vice president at Piper Jaffray & Co., a leading international middle market investment firm, for approximately four years. Her investment research work covers a wide range of solar related companies as well as other alternative energy, clean technology, renewable energy companies in China. Ms. Tzeng received her dual bachelor's degrees in business administration and Japanese from the University of California at Berkeley in the United States.
Mr. Chen will provide counsel to the management team and the Board of Directors of the Company on various legal issues, serve as liaison with outside counsel and be closely involved in further business expansions. Prior to joining Yingli Green Energy, Mr. Chen served as a corporate associate at Fried, Frank, Harris, Shriver & Jacobson LLP, a leading international law firm. He has represented many renowned corporations and financial institutions in securities offerings, mergers and acquisitions, as well as general corporate matters. Mr. Chen is a New York qualified attorney. He received his dual bachelor's degrees in law and international relations from Peking University in China and an LL.M. degree from Harvard Law School in the United States.
"We are delighted to welcome Judy and Arthur to the Yingli team," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We have known Judy since the Company went public. She has deep industry knowledge and extensive financial expertise. Most importantly, she has achieved a solid understanding of our business model, strategy and operations during her work as a solar analyst. Arthur brings his proven legal intellect and valuable experience to the process of innovating and perfecting our products and services. We look forward to utilizing his expertise to grow our global business with enhanced precision and speed. We believe Judy and Arthur will make valuable contributions to the Company's growing strategy."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE) is one of the world's leading vertically integrated PV product manufacturers. Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. Based in Baoding, China, Yingli Green Energy sells its PV modules to system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. 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.
For further information, please contact:
In China:
Qing Miao
Director, Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86-312-3100-502
Email: ir@yinglisolar.com
Courtney Shike
Brunswick Group LLC
Tel: +86-10-6566-2256
Email: cshike@brunswickgroup.com
In the United States:
Katie Cralle
Brunswick Group LLC
Tel: +1-212-333-3810
Email: kcralle@brunswickgroup.com
