Yingli Green Energy to Kick Off 2008 Global Annual Customer Conference
Posted on: Tuesday, 28 October 2008, 09:00 CDT
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 will host the Yingli Green Energy 2008 Global Customer Conference (the "Conference") in Baoding from October 29-30, 2008.
The initiative and theme of the conference is to promote communication, cooperation and development between Yingli Green Energy and its partners in the PV value chain. It is expected that more than 260 executives will attend, including global customers, equipment suppliers, certification institutes, banks and government agencies from fifteen countries and regions. During the conference, interactive activities will be arranged, including a tour for participants to view Yingli Green Energy's vertically integrated facilities, and seminars and group meetings for participants to exchange ideas and discuss strategy about the future development of the PV industry. Deutsche Bank will also present its plans to provide solar project finance assistance to Yingli Green Energy's customers as part of the recently announced "one-stop shop" solar project solution offered by the Company and Deutsche Bank. Most importantly, Yingli Green Energy's management plan to exchange ideas with executives from the entire PV value chain about the continued development of the global PV industry.
"Despite the turmoil in the global financial markets, I am delighted that so many business partners will be joining us to take this opportunity to exchange opinions and ideas with us so that we can all better understand each other, deepen our business relationships, and create opportunities for cooperation and for exploring the future of the global PV industry," said Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy, "We strongly believe that close communication and cooperation throughout the entire value chain will help promote the continued development of the global PV industry, especially in today's difficult financial environment."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., 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. With 400 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Through its wholly owned subsidiary Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW by mid-2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV 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 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 "may,""will,""expect,""anticipate,""future,""intend,""plan,""believe,""estimate,""targets", "projects,""potential,""outlook,""continue,""is/are likely to" 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.
Source: Business Wire
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