Back to YGE
Yingli Green Energy Establishes Regional Headquarters in Japan

BAODING, China and TOKYO, May 4, 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 the establishment of its regional headquarters in Tokyo, Japan.

In order to strengthen business practices and further business development in Japan, Yingli Green Energy has set up a wholly-owned subsidiary, Yingli Green Energy Japan Corporation, Ltd. ("Yingli Japan").

"We are pleased to announce the opening of our regional headquarters in Japan," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Japan is an important PV market for us. With the establishment of the Japanese subsidiary, we expect to be closer to our customers and penetrate deeper into this market."

"Being closer to the customers is extremely important for Yingli, hence the establishment of a local presence in Japan," commented Mr. Masaki Mizuta, Managing Director of Yingli Japan. "We also believe that this is a key success factor in Japan and look forward to building better and longer relationships with our customers in Japan."

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 1,700 MW per year. Capacity expansion projects of an additional 750 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@yinglisolar.com

In Europe:

Rebecca Jarschel
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel: +49-89-540303412
Email: rebecca.jarschel@ygee.eu

In Japan:

Masaki Mizuta
Managing Director
Yingli Green Energy Japan Corporation, Ltd
Tel: +81-80-55421097
Email: mizutam@yinglisolar.com

SOURCE Yingli Green Energy Holding Company Limited

Copyright (2014) PR Newswire. All Rights Reserved.
Back to YGE
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki