**YINGLI GREEN ENERGY HOLDING COMPANY LIMITED**10.0% GUARANTEED SENIOR SECURED CONVERTIBLE NOTES DUE 2012No. 1 $20,000,000     **YINGLI GREEN ENERGY HOLDING COMPANY LIMITED**, a company duly organized and validly existingunder the laws of the Cayman Islands (herein called the “**Company**”, which term includes anysuccessor corporation under the Indenture referred to on the reverse hereof), for value receivedhereby promises to pay to Gold Sight International Limited, at the office or agency of the Companymaintained for that purpose in accordance with the terms of the Indenture, in such coin or currencyof the United States of America as at the time of payment shall be legal tender for the payment ofpublic and private debts, (i) the Repurchase Amount as and when required pursuant to the Indenture,(ii) interest, quarterly on January 25, April 25, July 25 and October 25 of each year, commencingApril 25, 2009 on the outstanding principal sum of the Note at said office or agency, in like coinor currency, at the rate per annum of 10.0%, from and including January 16 2009 or from the mostrecent Interest Payment Date to which interest has been paid or duly provided for to, but excludingthe following Interest Payment Date and (iii) any Default Interest payable pursuant to Section 4.01of the Indenture or otherwise, and (iv) interest on overdue principal and (to the extent thatpayment of such interest is enforceable under applicable law) interest at the rate borne by theNotes, if any, at the rate of 5% per annum.     Except as otherwise provided in the Indenture, the interest payable on the Note pursuant tothe Indenture on any January 25, April 25, July 25 and October 25 will be paid to the Personentitled thereto as it appears in the Security Register at the close of business on the recorddate, which shall be the January 11, April 11, July 11 and October 11 (whether or not a BusinessDay) next preceding such January 25, April 25, July 25 and October 25 (each, an “**Interest PaymentDate**”), as provided in the Indenture; *provided*that in any case where any Interest Payment Date ofany Note is not a Business Day at the city in which the Corporate Trust Office of the Trustee islocated, then (notwithstanding any other provision of the Indenture or of the Notes) payment ofInterest need not be made at such Corporate Trust Office of the Trustee on such date, but suchpayment may be made on the next succeeding Business Day at such Corporate Trust Office of theTrustee with the same force and effect as if made on the Interest Payment Date and the Interestshould be computed to the Interest Payment Date; provided further that any such interest notpunctually paid or duly provided for shall be payable as provided in the Indenture. The Companyshall pay interest on any Notes check mailed to the address of the Person entitled thereto as itappears in the Security Register *provided*that the holder of Notes with an aggregate principalamount in excess of $1,000,000 shall, at the written election of such holder, be paid by wiretransfer of immediately available funds.     Reference is made to the further provisions of this Note set forth on the reverse hereof,including, without limitation, provisions giving the holder of this Note the right to convert thisNote into Common Stock of the Company on the terms and subject to the limitations referred to onthe reverse hereof and as more fully specified in the Indenture. Such further provisions shall forall purposes have the same effect as though fully set forth at this place.     This Note shall be governed by and construed in accordance with the laws of the State of NewYork.     This Note shall not be valid or become obligatory for any purpose until the certificate ofauthentication hereon shall have been manually signed by the Trustee or a duly authorizedauthenticating agent under the Indenture.
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IN WITNESS WHEREOF, the Company has caused this Note to be duly executed.YINGLI GREEN ENERGY HOLDING COMPANY LIMITED     By: /s/ Zongwei Li    Name: Zongwei Li    Title: Chief Financial Officer  Attest:     By: /s/ Xiangdong Wang    Name: Xiangdong Wang    Title: Director  TRUSTEE’S CERTIFICATE OF AUTHENTICATIONThis is one of the Notes described in the within-named Indenture.DEUTSCHE BANK AG HONG KONG BRANCH,