July 20, 2017 11:11 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Hainan Yingli New Energy Resources Co., Ltd.

Company Overview

Hainan Yingli New Energy Resources Co., Ltd. manufactures photovoltaic modules. The company was founded in 2009 and is based in Haikou, China. Hainan Yingli New Energy Resources Co., Ltd. operates as a subsidiary of Yingli Energy (China) Co., Ltd.

Shizling Industrial Park

National Hi-Tech Industrial Development Zone

Haikou,  570000

China

Founded in 2009

Key Executives for Hainan Yingli New Energy Resources Co., Ltd.

Hainan Yingli New Energy Resources Co., Ltd. does not have any Key Executives recorded.

Hainan Yingli New Energy Resources Co., Ltd. Key Developments

Demeter Corporation Public Company Limited Plans Joint-Venture Agreement to Set Up a Solar-Module Manufacturing Facility with Hainan Yingli New Energy Resources Co., Ltd

Demeter Corporation Public Company Limited announced the signing of the joint-venture agreement set up a solar-module manufacturing facility with Hainan Yingli New Energy Resources Co., Ltd. with the condition that both parties are satisfied with its legal, financing, tax and technical due diligence on the project. In the case of the result of the due diligence is satisfactory, the Company shall purpose to the board of directors’ meeting and/or the shareholders’ meeting to consider and approve the Joint-Venture in accordance with laws and regulation and relevant motivation of the Securities and Exchange Commission and the SET.

Hainan Yingli New Energy Resource Co, LTD. Partners with Demeter Power Company Limited to Establish 300 MW Solar Panel Manufacturing Facility in Thailand

Yingli Green Energy Holding Company Ltd. announced that its holding subsidiary, Hainan Yingli New Energy Resource Co, LTD. has entered into definitive agreements to form a joint venture to establish a new solar panel factory in Thailand with Demeter Corporation PLC's subsidiary, Demeter Power Company Limited. Hainan Yingli will hold a 40% stake in the JV and the JV will fully implement the project with a capital investment of approximately THB 689 million ($19 million). The new factory will be located in Pruckdang district in Rayong, Thailand and have an annual capacity of 300 megawatts (MW) of multicrystalline PV panels, which will be sold by Yingli under the Yingli Solar brand name. The facility is expected to begin operating in the second half of 2016.

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