BAODING, China, Nov. 25 /PRNewswire-Asia-FirstCall/ -- 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 that it has recently received awards
recognizing the Company's growth, business prospects and competitiveness from
Deloitte, The Asset magazine and the Institute of Industrial Economics of the
Chinese Academy of Social Sciences.
"These awards are recognition of our leading position in the fast growing
China market," Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy,
commented. "2009 has been another remarkable year for us. During the year, we
successfully expanded our annual capacity to 600 MW, continued to increase our
market share in established markets and raise recognition in emerging markets
as well as achieved substantial progress on Project PANDA and the construction
of Fine Silicon, our own polysilicon manufacturing plant. We expect to deliver
continued growth and innovation in the years to come."
Deloitte Technology Fast 50 China
Yingli Green Energy has been ranked by Deloitte among its "Technology Fast
50 China" companies for the second time since 2007. The Deloitte Technology
Fast 50 China program ranks leading companies in the technology, media and
telecommunications sectors based on their average revenue growth rates over
the last three years. Winners of the Deloitte Technology Fast 50 China program
will automatically qualify for the Deloitte Technology Fast 500 Asia Pacific
Program, which is regarded as one of the most established and objective
ranking programs of fast growing technology companies in the Asia Pacific
Region, with results to be announced in December 2009.
The Asset China's Most Promising Companies 2009
The Company has been named one of the most promising companies in the
energy sector as part of The Asset China's Most Promising Companies 2009 award
by The Asset magazine, an Asia-based financial publication delivering
authoritative coverage and independent research of Asia's financial industry.
The winners are selected from 300 China-based companies listed on stock
exchanges worldwide by investment professionals and research analysts.
The Institute of Industrial Economics of CASS - 2009 Top 10 Most
Competitive Overseas Listed Companies of China
The Company has been ranked among "2009 Top 10 Most Competitive Overseas
Listed Companies of China" by the Institute of Industrial Economics, a branch
of The Chinese Academy of Social Sciences ("CASS") and China Business, one of
the leading economic and management newspapers in China. The Top 10 companies
were selected from China-based overseas listed companies based on management
capabilities, brand recognition and financial strength.
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" 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, 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
SOURCE Yingli Green Energy Holding Company Limited
