CStone Pharmaceuticals — Capital/Financing Update 2015

Jun 24, 2015

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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兗州煤業股份有限公司

YANZHOU COAL MINING COMPANY LIMITED

(A joint stock limited company incorporated in the People’s Republic of China with limited

liability) (Stock Code: 1171)

DISCLOSEABLE TRANSACTION SUBSCRIPTIONS OF WEALTH MANAGEMENT PRODUCTS

Reference is made to the announcement of the Company regarding the 2014/2015 First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank dated 10 November 2014 and the announcement of the Company regarding the 2014/2015 Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank dated 16 February 2015.

The Board announces that, on 24 June 2015, the Company entered into the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank with Qilu Bank.

Under the Hong Kong Listing Rules, the highest relevant applicable percentage ratio (as defined under the Hong Kong Listing Rules) in respect of the subscription amount under the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank exceeds 5% but is less than 25%, which constitutes discloseable transaction of the Company. Pursuant to Rule 14.22 of the Hong Kong Listing Rules, the subscription amount under the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank will be aggregated with the respective subscription amount under the 2014/2015 First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and the 2014/2015 Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and the highest relevant applicable percentage ratio (as defined under the Hong Kong Listing Rules) exceeds 5% but is less than 25%. Therefore the 2014/2015 First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank, the 2014/2015 Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and also the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements under the Hong Kong Listing Rules.

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I. BACKGROUND

Reference is made to the announcement of the Company regarding the 2014/2015 First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank dated 10 November 2014 and the announcement of the Company regarding the 2014/2015 Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank dated 16 February 2015.

The Board announces that, on 24 June 2015, the Company entered into the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank with Qilu Bank.

II. 2014/2015 THIRD CORPORATE STRUCTURED DEPOSITS (WEALTH MANAGEMENT) PRODUCTS CONTRACT OF QILU BANK

On 24 June 2015, the Company entered into the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank with Qilu Bank to subscribe for the corporate structured deposits (wealth management) products of Qilu Bank, details of which are as follows:

• (1) Name of product: Corporate structured deposits (wealth management) products of Qilu Bank

• (2) Investment currency: RMB

• (3) Type of product: principal-guaranteed and income-guaranteed wealth management product

• (4) Subscription amount: RMB2 billion

• (5) Expected annualized return rate: 4.70%

• (6) Principle for calculation of product returns: return on the product is calculated based on the Company's investment principal, days of investment and the actual annual yield illustrated by the equation: product returns = principal × product yield calculation period × the annualized return rate of product yields ÷ 365

• (7) Value date of product: 24 June 2015

• (8) Maturity date of product: 24 September 2015

• (9) Principal guaranteed: 100% guarantee for the safety of the principal amount and income of the Company and one-off return of principal amount and contracted product income of the RMB deposit wealth management products upon maturity.

• (10) Right of early termination: Qilu Bank has the right of early termination according to the market conditions. In case of early termination of this product, Qilu Bank shall notify the Company within 2 working days before the termination date.

• (11) The payment of principal and return: the payment date shall be the maturity date or the early termination date if Qilu Bank exercised the early termination right. If the maturity date (or the early termination date) falls on a non-working day, the payment will be postponed to the next working day. No interest will be borne from the maturity date to the actual payment date of the principal and return.

• (12) Description of connected relationship: Reference is made to the announcement of the Company regarding the subscription of placing shares in Qilu Bank dated 23 December 2014. The Company subscribed for 246.21 million placing shares of Qilu Bank with RMB3.18 per share, which represents approximately 8.67% of the shares in Qilu Bank, and the Company has already paid the relevant subscription price. The subscription is currently going through the capital verification procedures, and registration of equity interest has not yet been completed. Under the Hong Kong Listing Rules, Qilu Bank is not a connected person of the Company.

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III. REASONS AND BENEFITS FOR ENTERING INTO THE 2014/2015 THIRD CORPORATE STRUCTURED DEPOSITS (WEALTH MANAGEMENT) PRODUCTS CONTRACT OF QILU BANK

Without affecting the Company's project constructions, operational liquidity and fund security, the Company utilized certain idle funds to subscribe for highly secured principal-guaranteed and income-guaranteed wealth management products from banks. Such subscription will not affect the need of working capital of the Company. Appropriate short-term wealth management with low risk exposure is conducive to enhancing the utilization of capital and increasing income from idle funds.

Therefore, the Directors consider that the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank are fair and reasonable and in the interests of the Company and the Shareholders as a whole.

IV. IMPLICATION OF THE HONG KONG LISTING RULES

Under the Hong Kong Listing Rules, the highest relevant applicable percentage ratio (as defined under the Hong Kong Listing Rules) in respect of the subscription amount under the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank exceeds 5% but is less than 25%, which constitutes discloseable transaction of the Company. Pursuant to Rule 14.22 of the Hong Kong Listing Rules, the subscription amount under the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank will be aggregated with the respective subscription amount under the 2014/2015 First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and the 2014/2015 Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and the highest relevant applicable percentage ratio (as defined under the Hong Kong Listing Rules) exceeds 5% but is less than 25%. Therefore the 2014/2015 First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank, the 2014/2015 Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and also the 2014/2015 Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements under the Hong Kong Listing Rules.

V. GENERAL

Information of the parties

The Company

The Company is principally engaged in the business of mining, preparation, processing and sales of coal and coal chemicals. The Company’s main products are steam coal for use in largescale power plants, coking coal for metallurgical production and prime quality low sulphur coal for use in pulverized coal injection.

Qilu Bank

Qilu Bank is a licensed bank incorporated under the laws of the PRC. Qilu Bank is principally engaged in the businesses as approved by China Banking Regulatory Commission in accordance with the relevant laws, administrative rules and other regulations.

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DEFINITIONS

In this announcement, unless the context requires otherwise, the following terms have the meanings set out below:

“2014/2015 First the agreement entered into between the Company and Qilu Bank on 10 Corporate Structured November 2014 in relation to subscription of wealth management products Deposits (wealth of Qilu Bank; management) Products Contract of Qilu Bank”

“2014/2015 Second the agreement entered into between the Company and Qilu Bank on 13 Corporate Structured February 2015 in relation to subscription of wealth management products Deposits (wealth of Qilu Bank; management) Products Contract of Qilu Bank”

“2014/2015 Third the agreement entered into between the Company and Qilu Bank on 24 Corporate Structured June 2015 in relation to subscription of wealth management products of Deposits (wealth Qilu Bank; management) Products Contract of Qilu Bank” “A Shares” domestic shares in the ordinary share capital of the Company, with a nominal value of RMB1.00 each, which are listed on the Shanghai Stock Exchange; “Board” the board of directors of the Company; “connected person(s)” has the meaning ascribed thereto under the Hong Kong Listing Rules; “Company” 兗州煤業股份有限公司, Yanzhou Coal Mining Company Limited, a joint stock limited company established under the laws of the PRC in 1997, and the H Shares, American depositary shares and A Shares of which are listed on the Hong Kong Stock Exchange, New York Stock Exchange and the Shanghai Stock Exchange, respectively; “Director(s)” the director(s) of the Company; “Group” the Company and its subsidiaries; “H Shares” overseas listed foreign invested shares in the ordinary share capital of the Company with a nominal value of RMB1.00 each, which are listed on the Hong Kong Stock Exchange “Hong Kong Listing the Rules Governing the Listing of Securities on the Hong Kong Stock Rules” Exchange; “Hong Kong Stock The Stock Exchange of Hong Kong Limited; Exchange” “PRC” the People’s Republic of China;

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“Qilu Bank” Qilu Bank Co., Ltd.; “RMB” Renminbi, the lawful currency of the PRC; “Shareholders” the shareholders of the Company; “%” percentage.

By order of the Board Yanzhou Coal Mining Company Limited Li Xiyong Chairman of the Board

Zoucheng, Shandong Province, the PRC 24 June 2015

As at the date of this announcement, the directors of the Company are Mr. Li Xiyong, Mr. Yin Mingde, Mr. Wu Yuxiang, Mr. Zhang Baocai, Mr. Wu Xiangqian and Mr. Jiang Qingquan, and the independent non-executive directors of the Company are Mr. Wang Lijie, Mr. Jia Shaohua, Mr. Wang Xiaojun and Mr. Xue Youzhi.

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