Yingli Solar has become aware of the filing of a purported securities class action lawsuit against the Company and certain of its senior officers on behalf of a putative class of shareholders of the Company in the United States District Court for the Central District of California.

The Company has reviewed the claims asserted in the complaint and believes that they are without merit.

While the Company has not yet been served with a copy of the complaint, it intends to vigorously defend itself in this matter.

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as “Yingli Solar,” is one of the world’s leading solar panel manufacturers. Yingli Green Energy’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly.

Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 13 GW of solar panels to customers worldwide.

Derick Lila
Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has over a decade of solar industry research, marketing, and content strategy experience.

Kyocera Completes Third Floating Solar Power Plant in Hyogo Prefecture, Japan

Previous article

Suntech, Gunkul Engineering Collaborate on 63MW of Solar Projects in Thailand

Next article

You may also like


Comments are closed.

More in News