Yingli Green Energy Announces ADS Ratio Change from One ADS to One Share to One ADS to Ten Shares

Yingli Green Energy Holding Company Limited

, today announced that it will change the ratio of its American Depositary Shares ("ADSs") to ordinary shares, par value US$0.01 per share ("Shares") from one (1) ADS to one (1) Share to one (1) ADS to ten (10) Shares (the "Ratio Change"). The effective date of the Ratio Change is expected to be December 28, 2015. Each shareholder of record at the close of business on December 28, 2015 will be required to exchange every ten (10) ADSs then held for one (1) new ADS. The effect on the ADS price will take place on December 28, 2015. For Yingli Green Energy's ADS holders, the Ratio Change will have the same effect as a one-for-ten reverse ADS split. There will be no change to Yingli Green Energy's underlying Shares. ADS holders will be required to surrender their existing ADSs in exchange for new ADSs of the Company. No new Shares will be issued in connection with the Ratio Change. JPMorgan Chase Bank, N.A. will contact ADS holders and arrange for the exchange of their