Yingli expects that the company's gross profit margin in the fourth quarter, including inventory provisions, is expected to be around 3%, much lower than the expected rate of around 10%. If inventory provisions are excluded, Yingli's gross profit margin for the fourth quarter is approximately around 12%. The announcement stated that due to fierce competition faced in the second quarter of 2011 and a decline in the company's market share, the long-term asset impairment and goodwill impairment of Fine Silicon Co., Ltd., a subsidiary producing polysilicon within the company's internal industrial chain in the fourth quarter and throughout 2011, were respectively calculated as $361 million and $43 million; due to the continuous decrease in the selling price of polysilicon, the company expects to reserve $135 million in inventory provisions to deal with the company's long-term polysilicon supply contract. In addition, Yingli will hold a teleconference before the market opens on February 29th regarding the financial performance of the fourth quarter and the entire year of 2011.