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Last €1.03 EUR
Change Today -0.002 / -0.19%
Volume 1.0K
As of 7:30 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

yingli green energy hold-adr (YG11) Snapshot

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52 Week High
09/9/14 - €3.20
52 Week Low
05/19/15 - €0.67
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Current Stock Chart for YINGLI GREEN ENERGY HOLD-ADR (YG11)

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yingli green energy hold-adr (YG11) Details

Yingli Green Energy Holding Company Limited, together with its subsidiaries, designs, develops, markets, manufactures, sells, and installs photovoltaic (PV) products in the People’s Republic of China and internationally. The company offers polysilicon ingots and blocks, polysilicon wafers, PV cells, PV modules, and integrated PV systems; and develops and operates solar projects. It primarily sells its PV modules to distributors, wholesalers, power plant developers and operators, and PV system integrators under the brand names Yingli and Yingli Solar. Yingli Green Energy Holding Company Limited was founded in 1998 and is headquartered in Baoding, the People’s Republic of China.

17,912 Employees
Last Reported Date: 05/15/15
Founded in 1998

yingli green energy hold-adr (YG11) Top Compensated Officers

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Executives, Board Directors

yingli green energy hold-adr (YG11) Key Developments

Pomerantz LLP Announces Class Action Lawsuit Against Yingli Green Energy Holding Co. Ltd

Pomerantz LLP announced that a class action lawsuit has been filed against Yingli Green Energy Holding Co. Ltd. and certain of its officers. The class action, filed in United States District Court, Central District of California, is on behalf of a class consisting of all persons or entities who purchased Yingli securities between March 18, 2014 and May 15, 2015 inclusive (the 'Class Period'). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that the company was inappropriately recognizing revenue; (2) that the Company had no reasonable prospects to collect on certain accounts receivable based on historical customer conduct; (3) that the Company was no longer able to borrow from commercial banks to fund its operations; (4) that the company's inability to raise additional capital or borrow funds from commercial banks threatened the company's ability to continue as a going concern; and, (5) that, as a result of the foregoing, Defendants' statements about Yingli's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

Yingli Green Energy Holding Company Limited to Supply 40 Megawatts of Solar Panels to Sybac Solar in Honduras

Yingli Green Energy Holding Company Limited announced that it will supply 40 megawatts (MW) of solar panels to Sybac Solar for two power plants in Honduras: the Pacific Solar project, located in Nacaome, and the La Manzanilla y Las Lajas project, located in Choluteca. Yingli is currently delivering 25 MW for the first phase of the 50 MW Pacific Solar project, which was developed by EM-Power Corporacion. The first phase is expected to begin operating in August 2015 and the second phase is expected to come online in 2016. Once complete, the power plant will contain at least 160,000 high-performing, multicrystalline YGE 72 Cell Series panels, which are engineered specifically for large-scale utility projects. Separately, Yingli is also delivering 15 MW of these YGE 72 Cell Series solar panels for the first tranches of the La Manzanilla y Las Lajas project, which was developed by Energys de Honduras S.A. de C.V. Once complete, at least 96,000 Yingli Solar panels will be installed in this utility-scale system.

Yingli Green Energy Signs Framework Agreement with Xi'an LONGi Silicon Materials

Yingli Green Energy (YGE) has signed a framework agreement with Xi'an LONGi Silicon Materials. The companies will cooperatively manufacture monocrystalline silicon wafers, and ingots, solar cells and solar panels. Yingli expects the new partnership to enable LONGi to expand into solar panel assembly while Yingli will be able to integrate LONGi's technology into its production lines. Under the terms of the deal the companies will collaborate to employ their respective manufacturing capacities, technologies and resources and Yingli will preferentially procure LONGi's monocrystalline silicon wafers.


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