In reporting its financial results, the world’s largestsupplier of PV modules unexpectedly announced it has swapped the positions oftwo of its key executives, with chief financial officer Zongwei Li and chiefstrategy officer Yiyu Wang to immediately switch roles. No explanation for thechange was given.

Revenues fell and losses mounted for Baoding-based Yingli,mirroring the performance yesterday of its closest Chinese rival Trina.