Yingli Names New Member To Board Of Directors

Yingli Green Energy Holding Co. Ltd. says it has made a change to its board of directors and committees. Chi Ping Martin Lau, an independent director and a member of the audit and compensation committees of the company, has resigned.

Richard Xue has been appointed to replace Lau. Xue has been chief financial officer of ATMU Inc., an automated teller machines sourcing company in China. Prior to joining ATMU Inc. in 2010, he served as an advisor of Asia Alternatives Management LLC and a venture partner of Softbank China & India Holdings, a wholly owned subsidiary of Softbank Corp.

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