Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Yingli Green Energy Holding Co Ltd (ADR)    

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Yingli Green Energy Hold. Co. Ltd. (ADR) : Yingli Green Energy Establishes Strategic Partnership with SAP

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/31/2013 | 11:05am CEST

BAODING, China, Jan. 31, 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 manufacturers, which markets its products under the brand "Yingli Solar," today announced that it has entered a strategic partnership agreement (the "Agreement") with SAP AG, a world leader in enterprise software and software-related services.

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

According to the Agreement, Yingli Green Energy will apply SAP's enterprise resource planning ("ERP") software and business intelligence ("BI") solutions. The implementation of the ERP software and the BI solutions (the "Project") is designed to be accomplished in four phases. Yingli Green Energy expects the first phase of the Project to be online in October 2013. SAP also appointed its vice president in China as a member of the project steering committee, and established a supervisory team to ensure the successful completion of the Project.

"We're pleased to unveil this strategic partnership with SAP," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "By leveraging SAP's market-leading ERP software and business intelligence solutions, we hope to further optimize our global management efficiency, streamline our processes across all functional divisions, enable efficient decision making process based on reliable and real-time business data, and ultimately, enhance our competitiveness and drive the sustainable growth of our business globally."

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand "Yingli Solar," is a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. Yingli Green Energy's manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. In August 2012, Yingli Green Energy reached a balanced vertically integrated production capacity of 2,450 MW per year at its production facilities located in Baoding, Haikou, Tianjin and Hengshui, respectively. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, Japan and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit www.yinglisolar.com.

About SAP AG

Headquartered in Walldorf, Germany, with locations in more than 130 countries, SAP AG is the world leader in enterprise software and software-related services. For more information, please visit www.sap.com/china

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy's control, which may cause Yingli Green Energy's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy's filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For further information, please contact:

In China:
Qing Miao
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
Email: ir@yinglisolar.com

In the Americas:
Helena Kimball
Head of Marketing
Yingli Green Energy Americas
Tel: +1 603 5915812
Email: helena.kimball@yingliamericas.com

In Europe:
Rebecca Jarschel
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel.: +4989540303412
Email: rebecca.jarschel@ygee.eu

SOURCE Yingli Green Energy Holding Company Limited

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on YINGLI GREEN ENERGY HOLDIN
12:01p YINGLI GREEN ENERGY : to Launch New UL-Certified PV Module Series in the U.S.
08/25 YINGLI GREEN ENERGY : receives US$379.8 million net revenue
08/25 YINGLI GREEN ENERGY : Reports Second Quarter 2016 Results
08/24 YINGLI GREEN ENERGY : reports decreasing revenue and increasing profit
08/23 YINGLI GREEN ENERGY : Reports Second Quarter 2016 Results
08/18YINGLI GREEN ENERGY HOLDING CO LTD ( : half-yearly earnings release
08/11 YINGLI GREEN ENERGY : expects module shipment growth for the second quarter of 2..
08/10 YINGLI GREEN ENERGY : Announces Preliminary Financial Results for Second Quarter..
08/09 YINGLI GREEN ENERGY : Announces Preliminary Financial Results for Second Quarter..
08/08 YINGLI GREEN ENERGY : Announces Preliminary Financial Results for Second Quarter..
More news
Sector news : Renewable Energy Equipment & Services - NEC
08/22 GENERAL ELECTRIC TO SUBMIT BID FOR A : media
06/30DJVESTAS WIND SYSTEMS A/S : Gets 22 Turbine Order as Google Upgrades Renewable Cap..
06/17DJCorrection to Gamesa, Siemens to Combine Wind-Turbine Businesses-- 3rd Update
06/17 GAMESA CORPORACION TECNOLOGICA : Siemens sees most of synergies from Gamesa deal..
06/17DJGamesa, Siemens to Combine Wind-Turbine Businesses-- 3rd Update
More sector news : Renewable Energy Equipment & Services - NEC
News from SeekingAlpha
2015 Solar stocks add to ITC-fueled gains; Morgan Stanley hikes targets
2015 Huge Catalysts In The Energy Industry Have Shifted Solar And Fossil Fuel Pros..
2015 YINGLI PLANS 1 : 10 reverse split
2015 Yingli, ReneSola post double-digit gains following U.S. tax credit news
2015 Solar, Electric Vehicles Could Make Oil And ICE Cars Obsolete - The Era Of Oi..