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Yingli Green Energy (YGE) to Sell Reserve Centre Land Rights

April 23, 2015 6:11 AM EDT

Yingli Green Energy (NYSE: YGE) announced that its wholly-owned subsidiary, Fine Silicon Co., Ltd. ("Fine Silicon"), has signed a definitive agreement with the Land Reserve Centre of Baoding National High-tech Industrial Development Zone (the "Reserve Centre") for sale to the Reserve Centre land use rights to a piece of land held by Fine Silicon currently not in active use (the "Land") and the attachments thereon.

The Land has... More