Yingli Green Energy Announces Preliminary Financial Results for Fourth Quarter and Full Year 2012

Fri Feb 22, 2013 6:05am EST

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To announce fourth quarter and full year 2012 financial results on March 4, 2013


BAODING,  China,  Feb. 22, 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 ("PV") manufacturers, which markets its products under the brand
"Yingli Solar", today announced its preliminary financial results for the fourth
quarter and full year ended  December 31, 2012.

(Logo:  http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg )  

Based on preliminary data, the Company currently expects its PV module shipment
in the fourth quarter of 2012 to increase by approximately 40% from the third
quarter, significantly higher than its previous guidance of low teen percentage
increase from the third quarter. Full year 2012 PV module shipment is expected
to reach approximately 2.3 GW, significantly higher than the high end of its
full year shipment guidance of 2.1 GW to 2.2 GW.

In the fourth quarter of 2012, the Company expects to recognize a non-cash
charge of inventory provision and to be negatively impacted by a depreciation
expense related to underutilized capacity. As a result, the Company expects its
gross margin in the fourth quarter of 2012 to be in the range of negative 8% to
8.5%.

The Company will schedule a conference call and live webcast to discuss its
unaudited financial results for the fourth quarter and full year ended  December
31, 2012  at  8:00 AM Eastern Standard Time  on  March 4, 2013, which
corresponds to  9:00 PM  Beijing/Hong Kong  time on the same day.

The dial-in details for the live conference call are as follows:

    -- U.S. Toll Free Number: +1-866-519-4004

    -- International Dial-in Number: +1-718-354-1231

    -- Passcode: 12754231

A live and archived webcast of the conference call will be available on the
Investors section of Yingli Green Energy's website at  www.yinglisolar.com. A
replay will be available shortly after the call on Yingli Green Energy's website
for 90 days.

A replay of the conference call will be available until  March 11, 2013  by
dialing:

    -- U.S. Toll Free Number: +1-855-452-5696

    -- International Dial-in Number: +1-646-254-3697

    -- Passcode: 12754231



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. Yingli Green Energy currently maintains a
balanced vertically integrated production capacity of 2,450 MW per year at its
production facilities located in Baoding,  Haikou,  Tianjin  and Hengshui.
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.



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:

Qing Miao
Vice President of Corporate Communications  
Yingli Green Energy Holding Company Limited  
Tel: +86 312 8929787  
E-mail:  ir@yinglisolar.com

SOURCE  Yingli Green Energy Holding Company Limited

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