The Sustainable Global Leaders Conference was held from October 16 to 18, 2025, in the Expo Park, Huangpu District, Shanghai. During the conference, Miaoqing, Chairman of Yingli Group, engaged in dialogue with Sina Finance.
When discussing Yingli's current strategic positioning and how to establish a competitive advantage in the context of structural overcapacity within the industry, Miaoqing stated, "Years ago, we defined our position in the renewable energy sector as focusing on producing affordable green electricity for the public. To produce electricity that people can afford, we must innovate technology, iterate products, and reduce production costs to provide higher-quality power, specifically green electricity."
She elaborated, "Over the past 20 years, the photovoltaic industry has seen continuous optimization in technology and improvements in conversion efficiency, while our production costs have consistently decreased. Our original intention was realized through our commitment to a vertically integrated industry chain from the outset, allowing us to compress costs at every link and provide affordable, burden-free green electricity."
Miaoqing highlighted that the industry has reached a landmark point with renewable energy installations reaching 1,700 GW, while the new target has been set at 3,700 GW. In this context, the core challenge for the industry has shifted to how to consume renewable energy. Future efforts must focus on balancing the consumption of renewable energy with the safe and stable operation of the grid, ensuring that the grid can function safely, stably, and efficiently.
Sina declares: All meeting records are transcribed on-site and not reviewed by the speakers. The publication of this article by Sina is meant to convey more information and does not imply agreement with the views expressed or validation of the descriptions.
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