Yingli Reports 3rd Quarter 2010 Results

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 manufacturers, which markets its products under the brand "Yingli Solar," today announced its unaudited consolidated financial results for the third quarter ended September 30, 2010. Third Quarter 2010 Consolidated Financial Highlights Total net revenues were RMB 3,284.2 million (US$490.9 million), and shipment increased by 25.2% quarter over quarter. Gross profit was RMB 1,094.5 million (US$163.6 million), representing a gross margin of 33.3%. Operating income was RMB 735.8 million (US$110.0 million), representing an operating margin of 22.4%. Net income(1) was RMB 456.1 million (US$68.2 million) and diluted earnings per ordinary share and per American depositary share ("ADS") was RMB 2.92 (US$0.44). On an adjusted non-GAAP(2) basis, net income was RMB 556.6 million (US$83.2 million) and diluted earnings per ordinary share and per ADS was RMB 3.57 (US$0.53). Source:   Yingli Green Energy Holding Company