SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2016

 

Commission File Number: 001-33469

 

 

 

YINGLI GREEN ENERGY HOLDING COMPANY

LIMITED

 

 

 

No. 3399 North Chaoyang Avenue

Baoding 071051

People’s Republic of China

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F  x        Form 40-F  o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  o

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes  o        No  x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

  

 

 

 

YINGLI GREEN ENERGY HOLDING COMPANY LIMITED

FORM 6-K

 

Yingli Solar Partners with Demeter Power to Establish 300 MW Solar Panel Manufacturing Facility in Thailand

 

EX-99.1   Press release dated January 12, 2016  

 

2 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  YINGLI GREEN ENERGY HOLDING COMPANY LIMITED
   
  By: /s/ Yiyu Wang
    Name: Yiyu Wang
    Title: Chief Financial Officer

 

Date: January 12, 2016

 

3 

 



Exhibit 99.1 

 

Yingli Solar Partners with Demeter Power to Establish 300 MW Solar Panel Manufacturing Facility in Thailand

 


The facility will be Yingli’s first factory outside of China

 

BAODING, China and BANGKOK, January 12, 2016 - Yingli Green Energy Holding Company Ltd. ("Yingli" or "Yingli Solar") (NYSE:YGE), one of the world's leading solar panel manufacturers, today announced that its holding subsidiary, Hainan Yingli New Energy Resource Co, LTD. (Hainan Yingli), has entered into definitive agreements to form a joint venture (“JV”) to establish a new solar panel factory in Thailand with Demeter Corporation PLC’s subsidiary, Demeter Power Company Limited (Demeter Power), a Thailand-based developer, EPC provider, and operator of renewable energy projects.

 

According to the agreements, Hainan Yingli will hold a 40% stake in the JV and the JV will fully implement the project with a capital investment of approximately 689 million Thai Baht ($19 million USD). The new factory will be located in Pruckdang district in Rayong, Thailand and have an annual capacity of 300 megawatts (MW) of multicrystalline PV panels, which will be sold by Yingli under the Yingli Solar brand name. The facility is expected to begin operating in the second half of 2016.

 

“We are proud to establish our first overseas manufacturing operations in partnership with Demeter Power, and we hope to expand the new factory’s production capacity across the PV value chain in the future,” commented Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “Manufacturing PV panels in Thailand will enable the company to operate more competitively in overseas markets as well as in the emerging markets of Southeast Asia.”

 

“We would like to join with Yingli to establish our first solar module manufacturing operation here in Thailand. Thailand’s favorable business climate, coupled with it generous tax incentive scheme, world class infrastructure, and continued government support for expanding solar power industry, make Thailand a perfect place for our new joint venture with Yingli,” commented by Mr. Apichet Bhusry, CEO of Demeter Corporation PLC.

 

About Yingli Green Energy

 

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli Solar," is one of the world's leading solar panel manufacturers. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 14 GW solar panels to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.

 

 

 

 

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@yingli.com

 

In the Americas:

 

Tori Clifford


Director of Marketing
Yingli Green Energy Americas Inc.
Tel: +1 415 728 0472
Email: tori.clifford@yingliamericas.com 

 

In Europe:

 

Carolin Staehler
Marketing Communications Manager Europe
Yingli Green Energy Europe GmbH
Email: pr.eu@yingli.com