BAODING, China and MADRID, Spain, Nov. 27,
2017 /PRNewswire/ -- Yingli Green Energy Holding Company
Limited (NYSE: YGE) ("Yingli" or "Yingli
Solar"), one of the world's leading solar panel
manufacturers, today announced that it has completed the
restructure of sales network in Europe and relocated its European headquarters
in Madrid, Spain.
The purpose of the restructure is to centralize all operations
of Europe, through a full integrated operations and strategic
business activities on a pan-European level, across core key
markets, thanks to a qualified team with a success track record
within the group in the last decade.
Mr. Fernando Calisalvo, who has a
Degree of Master of Arts in Management, has been appointed as
Managing Director of Yingli Green Energy Europe S.L.U.
("Yingli Europe", the former Yingli
Green Energy Spain S.L.U.). He
has more than 13 years' experience in the PV Industry and 11 years
at Yingli with an accumulated sales volume above 2GW within his
achievements in Africa, Europe and
Latin America.
"The restructure of Yingli Europe
will leave us a more centralized sales network in Europe. It will improve our operational efficiency and cost
effectiveness in Europe,"
commented Mr. Liansheng Miao,
Chairman and Chief Executive Officer of Yingli. "We believe that,
as a veteran in Yingli and PV industry, Mr. Fernando can help us to
better serve customers in Europe
and other overseas markets due to his proven track record and
achievements."
"The new structure will aloud to adapt our teams faster and
efficiently to the new market conditions. I am enthusiastic and
confident on the bright future of the growing PV demand's trend and the good positioning of Yingli
due to our high quality and reliable products recognized
worldwide", said Mr. Fernando
Calisalvo, the Managing Director of Yingli Europe.
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 18 GW solar PV modules 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
Eric Pan
Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com
In Europe
Carolina Calisalvo
Marketing &
Communication Manager
Yingli Green Energy Europe S.L.U.
Tel: +34 91 843 67 26
E-mail: ccalisalvo@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited