BAODING, China, Jan. 7, 2013 /PRNewswire/ -- 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, according to preliminary data, the Company expects its module shipment for the fourth quarter of 2012 to reach a new historical high. Therefore, the module shipment for full year 2012 is expected to be more than 2.2 GW, beating the high end of its full year shipment guidance of 2.1 GW to 2.2 GW.
"Despite the tremendous challenges to the global PV industry, we're extremely inspired to have continuously expanded our market share throughout 2012 not only in the existing markets but also a number of emerging markets," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "According to public data to date, we believe that Yingli has evolved into the world's largest PV module supplier. This significant milestone is attributable to our well-known brand, superior product quality and competitive cost structure. Furthermore, we wouldn't have achieved this without the continuous support from our customers and suppliers. We look forward to working more closely with our partners in 2013 to embrace more growth opportunities."
About Yingli Gree n 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. In August 2012, Yingli Green Energy reached a balanced vertically integrated production capacity of 2,450 MW per year at its production facilities located in Baoding, Haikou, Tianjin and Hengshui, respectively. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, Japan 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.
SOURCE Yingli Green Energy Holding Company Limited