Climate Changed
World's One-Time Biggest Solar Manufacturer Delisted From NYSE
- Yingli Green Energy Holding fell below required market value
- The company hasn’t posted an annual profit since 2010
Photographer: Qiali Shen/Bloomberg
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Yingli Green Energy Holding Co., once the world’s biggest solar-panel manufacturer, has been delisted from the New York Stock Exchange as its value has plummeted.
Trading was suspended after the exchange told Yingli it failed to maintain an average market capitalization of at least $50 million for 30 consecutive trading days, the Baoding, China-based company said in a statement Friday.