BAODING, China, March 7, 2017 /PRNewswire/ -- Yingli Green Energy
Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or "the
Company"), one of the world's leading solar panel manufacturers,
today announced that Mr. Xiangdong
Wang has resigned from his position as an executive director
of the Company due to personal reasons. The Company's board of
directors has appointed Mr. Jingfeng
Xiong, a vice president of the Company, to replace Mr. Wang
as an executive director effective as of March 3, 2017.
Mr. Jingfeng Xiong joined the
Company in 2000. He served as the Company's vice president and
Chief Engineer since 2008 and has been responsible for the
Company's manufacturing, research and development with rich
experience in operation management, technology improvement and
technical innovation. He has led the Company's Project PANDA, a
research and development project for high efficiency
monocrystalline PV cells. Mr. Xiong has planned many other
innovation programs and made outstanding contributions by
optimizing operations and automating production lines to improve
yield rates, enhance cost savings and increase production
efficiencies. In addition, he has been playing a key role in the
over-all planning of procurement, production and sales along with the Company's strategic
adjustments in recent years. He received a bachelor's degree in
electronics in 1999 from Hebei
University and his EMBA degree from Nankai University in
China.
"I'm pleased to welcome Mr. Xiong to the board of directors. I
believe his operational and technical expertise will make him a
valuable contributor to the board," commented Mr. Liansheng Miao, Chairman and Chief Executive
Officer of the Company. "I would also like to personally thank Mr.
Wang for his valuable contributions to the board."
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 PV
module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 20
regional subsidiaries and branch offices and has distributed more
than 17GW 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:
Eric Pan
Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited