JPMorgan Acts as Depositary Bank for Yingli Green Energy’s Newly Launched American Depositary Receipts Program

Hong Kong, June 14, 2007 - JPMorgan Chase Bank, N.A. ("JPMorgan") announced today that it acts as depositary bank for Yingli Green Energy Holding Company Limited ("Yingli Green Energy"). On 13 June 2007, Yingli Green Energy completed its level 3 new initial public offering of American Depositary Receipts (ADRs) on the New York Stock Exchange ("NYSE").

Each Yingli Green Energy ADR represents one common share. A total of 29,000,000 American Depositary Shares were sold in the offering at a price of US$11 per ADR, resulting in a total offering size of US$319 million.

Yingli Green Energy is a vertically integrated photovoltaic ("PV") product manufacturer in China. It designs, manufactures and sells PV modules, and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a standalone basis.

"We are very pleased to have appointed JPMorgan and its highly skilled team to act as the depositary bank for our ADR program. With vertically integrated solar sector capabilities, we wanted to partner with a bank that would give us confidence by strong credentials and impressive results from the past to ensure our ADR listing success. JPMorgan is such bank", commented Bryan Li, Chief Financial Officer of Yingli Green Energy.

"JPMorgan maintains a leading position in the Depositary Receipts ("DR") market, focusing on premium, high value added services. We are pleased to act as depositary bank for Yingli Green Energy, and look forward to helping the company benefit from the US demand for international equities", commented Kenneth Tse, JPMorgan's Senior Vice President and Head of Asia Pacific Regional Depositary Receipts Group.

JPMorgan provides a full complement of ADR services to non-U.S. issuers seeking to have their equity traded in the U.S. stock markets. JPMorgan's primary services include ADR Issuances and Cancellations, Stock Transfer, Tender and Exchange Offer and Subscription Rights Agency services; and, Tax Reclamation services for investors. For market information on ADRs and international equities go to JPMorgan's award-winning Web site www.adr.com. For more information on JPMorgan's ADR services go to http://www.jpmorgan.com/visit/adr.

About JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services, a division of JPMorgan Chase Bank, N.A., is a global industry leader with $14.7 trillion in assets under custody. JPMorgan provides innovative custody, fund accounting and administration and securities services to the world’s largest institutional investors, alternative asset managers and debt and equity issuers. JPMorgan Worldwide Securities Services leverages its scale and capabilities in more than 90 markets to help clients optimize efficiency, mitigate risk and enhance revenue through a broad range of investor services as well as securities clearance, collateral management and alternative investment services. For more information, please visit www.jpmorgan.com/wss.

About JPMorgan Chase
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.