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 the establishment of its regional headquarters in Tokyo, Japan.
In order to strengthen business practices and further business development in Japan, Yingli Green Energy has set up a wholly-owned subsidiary, Yingli Green Energy Japan Corporation, Ltd. ("Yingli Japan").
"We are pleased to announce the opening of our regional headquarters in Japan," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Japan is an important PV market for us. With the establishment of the Japanese subsidiary, we expect to be closer to our customers and penetrate deeper into this market."
"Being closer to the customers is extremely important for Yingli, hence the establishment of a local presence in Japan," commented Mr. Masaki Mizuta, Managing Director of Yingli Japan. "We also believe that this is a key success factor in Japan and look forward to building better and longer relationships with our customers in Japan."