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Yingli Green Energy Issues Statement on SolarWorld Industries America's Petitions

published: 2011-10-24 14:00

Yingli Green Energy Holding Company Limited (NYSE: YGE) issued the following statement in response to petitions filed by SolarWorld Industries America Inc. ("SolarWorld America") with the U.S. Department of Commerce and the International Trade Commission.

"We and our counsel are reviewing the petitions, which have just been filed. We would like to remind everyone that such petitions obviously present only the views of one side, and only a partial view of a very complicated story. As a NYSE-listed public company with global presence, we have been holding ourselves to the highest standard of fair international trade practices. We are confident in our position and we intend to mount a vigorous defense. We are committed to the U.S. market for the long run, since we have faith in our products and technology and believe that we are well positioned to continue to compete effectively in the U.S. market."

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