BAODING/China, 25. November 2009 - Yingli Green Energy Holding Company Limited, one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced that it has recently received awards recognizing the Company's growth, business prospects and competitiveness from Deloitte, The Asset magazine and the Institute of Industrial Economics of the Chinese Academy of Social Sciences.
"These awards are recognition of our leading position in the fast growing China market," Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy, commented. "2009 has been another remarkable year for us. During the year, we successfully expanded our annual capacity to 600 MW, continued to increase our market share in established markets and raise recognition in emerging markets as well as achieved substantial progress on Project PANDA and the construction of Fine Silicon, our own polysilicon manufacturing plant. We expect to deliver continued growth and innovation in the years to come."
Deloitte Technology Fast 50 China
Yingli Green Energy has been ranked by Deloitte among its "Technology Fast 50 China" companies for the second time since 2007. The Deloitte Technology Fast 50 China program ranks leading companies in the technology, media and telecommunications sectors based on their average revenue growth rates over the last three years. Winners of the Deloitte Technology Fast 50 China program will automatically qualify for the Deloitte Technology Fast 500 Asia Pacific Program, which is regarded as one of the most established and objective ranking programs of fast growing technology companies in the Asia Pacific Region, with results to be announced in December 2009.
The Asset China's Most Promising Companies 2009
The Company has been named one of the most promising companies in the energy sector as part of The Asset China's Most Promising Companies 2009 award by The Asset magazine, an Asia-based financial publication delivering authoritative coverage and independent research of Asia's financial industry. The winners are selected from 300 China-based companies listed on stock exchanges worldwide by investment professionals and research analysts.
The Institute of Industrial Economics of CASS - 2009 Top 10 Most Competitive Overseas Listed Companies of China
The Company has been ranked among "2009 Top 10 Most Competitive Overseas Listed Companies of China" by the Institute of Industrial Economics, a branch of The Chinese Academy of Social Sciences ("CASS") and China Business, one of the leading economic and management newspapers in China. The Top 10 companies were selected from China-based overseas listed companies based on management capabilities, brand recognition and financial strength.
Source: Yingli Green Energy