Yingli Green Energy Holding Company Limited announced unaudited consolidated earnings and production results for the fourth quarter and full year ended December 31, 2016. For the quarter, total net revenues were RMB 2,041,407,000 compared to RMB 2,110,044,000 a year ago. Loss from operations was RMB 1,743,689,000 compared to RMB 1,120,289,000 a year ago. Loss before income taxes was RMB 1,850,992,000 compared to RMB 1,349,564,000 a year ago. Net loss attributable to Yingli Green Energy was RMB 1,854,667,000 or RMB 10.20 per diluted share compared to RMB 1,438,997,000 or RMB 7.92 per diluted share a year ago. Loss per ADS was RMB 102.0 per diluted share compared to RMB 79.2 per diluted share a year ago. Non-GAAP loss was RMB 524,061,000 or RMB 28.8 per diluted ADS share compared to RMB 874,056,000 or RMB 48.1 per diluted ADS share a year ago. LBITDA was RMB 1,469,229,000 compared to RMB 824,413,000 a year ago. Gross profit and gross margin increased to $20.5 million and 7%, respectively, in the fourth quarter from $12 million and 5.5% in the third quarter.

For the year, total net revenues were RMB 8,376,099,000 compared to RMB 9,965,786,000 a year ago. Loss from operations was RMB 1,625,843,000 compared to RMB 4,228,025,000 a year ago. Loss before income taxes was RMB 2,029,498,000 compared to RMB 5,166,816,000 a year ago. Net loss attributable to Yingli Green Energy was RMB 2,038,632,000 or RMB 11.22 per diluted share compared to RMB 5,600,526,000 or RMB 30.81 per diluted share a year ago. Loss per ADS was RMB 112.2 per diluted share compared to RMB 308.1 per diluted share a year ago. Non-GAAP loss was RMB 658,807,000 or RMB 36.2 per diluted ADS share compared to RMB 2,352,022,000 or RMB 129.4 per diluted ADS share a year ago. LBITDA was RMB 474,787,000 compared to RMB 3,020,340,000 a year ago.

Impairment of long-lived assets was RMB 1,277,373,000 for the quarter ended December 31, 2016.