Yingli Green Energy Announces Strategic Cooperation with GCL-Poly

Wed Mar 20, 2013 2:00am EDT

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BAODING,  China,  March 20, 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 that the Company has entered into a non-binding
strategic cooperation framework agreement (the "Agreement") with GCL-Poly Energy
Holdings Limited ("GCL-Poly"). GCL-Poly is a world leading PV materials
supplier, PV system integrator, PV power plant investor and operator.

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

Under the terms of the Agreement, Yingli Green Energy and GCL-Poly wish to
leverage their advantages in the PV sector, including research and development
and product manufacturing, and seek to fully cooperate with each other along the
PV supply chain.

"We are pleased to unveil our multilateral and strategic cooperation with
GCL-Poly," said Mr.  Liansheng Miao, Chairman and Chief Executive Officer of
Yingli Green Energy. "Through this win-win cooperation, I hope Yingli Green
Energy and GCL-Poly will fully leverage our advantages to continue to enhance
product quality, reduce manufacturing cost and promote a broader application of
solar PV in the world."

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

In the Americas:

Helena Kimball
Head of Marketing  
Yingli Green Energy Americas Inc.
Tel: +1-603-5915812
Email:  helena.kimball@yingliamericas.com

In  Europe:

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

SOURCE  Yingli Green Energy Holding Company Limited

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