Yingli Green Energy Holding Co. Ltd. provided earnings guidance for the second quarter ended June 30, 2016. The company expects to maintain a positive momentum into the second quarter of 2016, with an estimated net profit margin of 2.5% to 3.5% for the second quarter of 2016. The company estimates that its overall gross margin for the second quarter of 2016 was in the range of 17%-19%, slightly decreased from the first quarter of 2016, which was mainly due to the lower average selling price of the company's PV modules in the second quarter of 2016 compared to the first quarter of 2016 primarily as a result of higher proportion of shipments to China in the second quarter of 2016, where the selling price of PV modules generally is lower than that in other markets.