| Part I | 
 
   
   | 1. | Date of notice to issuer | 09/12/2011 | 
 
   
   | 2. | Name of Director | FANG MING | 
 
   
   | 3. | Notice Type | Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. 
 | 
 
   
   | Part II | 
 
   
   | 1. | Date of change of Interest | 08/12/2011 | 
 
   
   | 2. | Name of Registered Holder | FANG MING | 
 
   
   | 3. | Circumstance(s) giving rise to the interest or change in interest | # Others 
 Increase in number and percentage shareholding resulting from transferring of shares held by Newest Luck in Ying Li International Real Estate Ltd ("Yingli") pursuant to a securities lending agreement. Fang Ming is deemed interested in the shares of the Company held by Newest Luck by virtue of the provision of Section 7 of the Companies Act (Cap. 50).
 | 
 
   
   | 4. | Information relating to shares held in the name of the Registered Holder | 
 
   
   |  |  
     
       
       | No. of Shares held before the change | 23,600,000 |   
       | As a percentage of issued share capital | 1.09 % |   
       | No. of Shares which are subject of this notice | 0 |   
       | As a percentage of issued share capital | 0 % |   
       | Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 0 |   
       | No. of Shares held after the change | 23,600,000 |   
       | As a percentage of issued share capital | 1.09 % |  | 
   
   | Part III - Not Required | 
   
   | Part IV | 
 
   
   | 1. | Holdings of Director, including direct and deemed interest : | 
 
   
   |  |  
     
       
       |  | Direct | Deemed |   
       | No. of shares held before the change | 23,600,000 | 813,438,201 |   
       | As a percentage of issued share capital | 1.09 % | 37.61 % |   
       | No. of shares held after the change | 23,600,000 | 829,438,201 |   
       | As a percentage of issued share capital | 1.09 % | 38.35 % |  |