BAODING, China, May 21, 2013 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic ("PV") manufacturers, which markets its products under the brand " Yingli Solar", today announced its preliminary financial results for the quarter ended March 31, 2013.
Based upon preliminary data, the Company expects its PV module shipment in the first quarter of 2013 to decrease by 6% to 7% from the fourth quarter of 2012, better than its previous guidance of a low-to-mid teen percent decrease from the fourth quarter of 2012. The Company expects its overall gross margin in the first quarter of 2013 to be in the range of 4.0% to 4.2%, which is in line with its previous guidance of low-to-mid single digit percent.
The Company will schedule a conference call and live webcast to discuss its unaudited financial results for the quarter ended March 31, 2013 at 8:00 AM Eastern Standard Time on May 30, 2013, which corresponds to 8:00 PM Beijing/ Hong Kong time on the same day.The dial-in details for the live conference call are as follows: -- U.S. Toll Free Number: +1-866-519-4004-- International Dial-in Number: +1-718-354-1231-- Passcode: 74428922 A live and archived webcast of the conference call will be available on the Investors section of Yingli Green Energy's website at www.yinglisolar.com. A replay will be available shortly after the call on Yingli Green Energy's website for 90 days. A replay of the conference call will be available until June 6, 2012 by dialing: -- U.S. Toll Free Number: +1-855-452-5696-- International Dial-in Number: +1-646-254-3697-- Passcode: 74428922