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Yingli Green Energy Announces Preliminary Financial Results For First Quarter 2013

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.

(Logo: http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg)

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

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