Yingli Green Energy Announces Regional Headquarters in Switzerland

Yingli Green Energy

today announced the formal establishment of its regional headquarters in Zurich, Switzerland. The objective of this strategic move is to incorporate the Company's core European business activities within the framework of the newly founded Yingli Green Energy International AG. For the purpose of centralising key decision-making functions Yingli Green Energy has chosen the Swiss city of Zurich, an internationally reputed financial and economic center which is located in the heart of Europe. "Yingli Green Energy will be able to consolidate its strong position in Europe through full integration of operations and strategic business activities on a pan-European level across all subsidiaries in core markets," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. While Mr. Karsten Mosch will be succeeding Mr. Darren Thompson as the new Head of Yingli Green Energy Europe GmbH, Mr. Darren Thompson has been appointed to Managing Director of Yingli Green Energy International