NEWS RELEASE

YING LI EXTENDS PRESENCE IN CHONGQING

THROUGH ACQUISITION OF A PRIME LANDBANK SITE

IN CHONGQING’S YUZHONG DISTRICT

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the world’s most populous cityPrime Landbank in the heart of Yuzhong District – The most affluent district in

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square metres to the Group’s total landbankSite was acquired for RMB 851.6 million; latest acquisition adds over 300,000

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high-end residential, hospitality and retail componentAcquisition site to be developed into an integrated development project, with

Chongqing, 25 September, 2009

Limited (“Ying Li” or together with its subsidiaries, “the Group”) has successfully secured

a prime integrated development site in Chongqing’s Yuzhong District for RMB 851.6

million (S$177.4 million) in a government land auction. The 28,226 square metres site

will be developed into an integrated development project, with high-end residential,

hospitality, as well as high-grade retail component. This acquisition further augments

Yingli’s multi-sector presence in Chongqing.

The project is strategically located at the prime city centre of Chongqing, within Yuzhong

District, with a planned total gross floor area of over 300,000 square metres. The

development will comprise over 200,000 square metres of high-end residential units as

well as house top-end retailers, and will involve potential collaboration with a high-end

hotel or serviced residence operator. The project is expected to be fully completed by

June 30, 2013, and will allow Yingli to capitalise on the rapid growth trend in the prime

central business district (“CBD”) area of Chongqing. The Company expects to

commence presale of the residential units as early as 2010.

Commenting on the acquisition, Mr Fang Ming, CEO of Yingli, said: “This acquisition will

enhance our presence in Chongqing and extend the Company’s footprint in Yuzhong

District. Yuzhong District is the city’s CBD, with comprehensive transport infrastructure

network and excellent connectivity. We will build high-quality retail and high-end

accommodation to cater to the growing needs of those working in the Yuzhong District.”

Mr Fang added, “Following the successful acquisition of this prime land parcel, we have

brought our total landbank in the prime CBD areas of Chongqing to over one million– Mainboard-listed Ying Li International Real Estate

2

square metres. This enlarged land bank will enhance the Group’s scalability and extend

its leadership position in Chongqing. We are confident that the project will contribute

positively to the Group’s future performance.”