CStone Pharmaceuticals - Capital/Financing Update 2015

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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 TRANSACTIONS SUBSCRIPTIONS OF WEALTH MANAGEMENT PRODUCTS

Reference is made to the announcement of the Company regarding the First Structured Deposits Agreement of Agricultural Bank of China, the First Master Agreement of Structured Deposits of ICBC, the First Wealth Management Products Master Agreement of Bank of China and the First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank dated 9 April 2014 and the announcement of the Company regarding the Second Purchase of Wealth Management Products of Agricultural Bank of China, the Second Purchase of Wealth Management Products of ICBC, the Second Purchase of Wealth Management Products of Bank of China and the Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank dated 10 November 2014.

The Board announces that, on 13 February 2015, the Company subscribed for certain wealth management products of Agricultural Bank of China, ICBC, Bank of China, Qilu Bank and Industrial Bank respectively.

The respective subscription amount under the Third Purchase of Wealth Management Products of Agricultural Bank of China, the Third Purchase of Wealth Management Products of ICBC, the Third Purchase of Wealth Management Products of Bank of China and the Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank itself does not constitute a discloseable transaction of the Company under the Hong Kong Listing Rules. However, pursuant to Rule 14.22 of the Hong Kong Listing Rules, the respective subscription amount will be aggregated with the respective subscription amount under the First Structured Deposits Agreement of Agricultural Bank of China, the First Master Agreement of Structured Deposits of ICBC, the First Wealth Management Products Master Agreement of Bank of China and the First Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank and the respective subscription amount under the Second Purchase of Wealth Management Products of Agricultural Bank of China, the Second Purchase of Wealth Management Products of ICBC, the Second Purchase of Wealth Management Products of Bank of China and the 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 Third Purchase of Wealth Management Products of Agricultural Bank of China, the Third Purchase of Wealth Management Products of ICBC, the Third Purchase of Wealth Management Products of Bank of China and the Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank also constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements under the Hong Kong Listing Rules.

I. BACKGROUND

II. PARTICULARS OF THE THIRD PURCHASE OF WEALTH MANAGEMENT PRODUCTS OF 2014/2015

1. The Third Purchase of Wealth Management Products of Agricultural Bank of China

According to the First Structured Deposits Agreement of Agricultural Bank of China, on 13 February 2015, the Company made the Third Purchase of Wealth Management Products of Agricultural Bank of China, details of which are as follows:

(1) Name of product: "Hui Li Feng" RMB wealth management products (Issue 4801 of 2015) (“匯利豐”2015 年第 4801 期對公定制人民幣理財產品)
(2) Investment currency: RMB
(3) Type of product: principal-guaranteed and floating income wealth management product (4) Subscription amount: RMB300 million
(5) Expected annualized return rate: 4.80%
(6) Principle for calculation of product returns: return on the product is calculated based on the investment principal of the Company, days of investment and the actual operation return rate (365 days a year).
(7) Value date of product: 15 February 2015
(8) Maturity date of product: 11 March 2015
(9) Principal guaranteed: Agricultural Bank of China guaranteed to return 100% of the principal amount of such wealth management product upon maturity.
(10) Right of early termination: during the investment period for the products, the Agricultural Bank of China has the right but not an obligation of early termination. In case of early termination of this product, the Agricultural Bank of China shall notify the Company 2 working days before the termination date by announcement.
(11) The payment of principal and return: the principal and corresponding return of the products would be paid within 2 bank working days after the maturity date. The fund transfer will be postponed to the next bank working day if the due date for payment falls on a non-working day.

(12) Description of connected relationship: To the best knowledge, information and belief of the Directors having made all reasonable enquiry, Agricultural Bank of China and its ultimate beneficial owners are the third parties independent of the Company and connected persons of the Company, and are not connected persons of the Company.

2. The Third Purchase of Wealth Management Products of ICBC

According to the First Master Agreement of Structured Deposits of ICBC, on 13 February 2015, the Company made the Third Purchase of Wealth Management Products of ICBC, details of which are as follows:

(1) Name of product: Interval Linked Accumulative Corporate RMB Structured Deposits ( 掛鈎區間累計型法人人民幣結構性存款産品 ) - specialized account wealth management products (Issue 32 of 2015) (Product No.: 15ZH032B)
(2) Investment currency: RMB
(3) Type of product: principal-guaranteed and floating income wealth management product (4) Subscription amount: RMB1 billion
(5) Expected annualized return rate: 4.80%
(6) Principle for calculation of product returns: return on the product is calculated based on the investment principal of the Company, days of investment and the actual annualized return rate (365 days a year).
(7) Value date of product: 13 February 2015
(8) Maturity date of product: 18 March 2015
(9) If the product is established and the Company holds the product until it expires, then 100% of the principal will be returned.
(10) Right of early termination: before the maturity date of the products, ICBC has no right to unilaterally terminate the products.
(11) The payment of principal and return: the principal will be transferred on the maturity date. The return will be transferred on the first working day after the maturity date of the products.
(12) Description of connected relationship: To the best knowledge, information and belief of the Directors having made all reasonable enquiry, ICBC and its ultimate beneficial owners are the third parties independent of the Company and connected persons of the Company, and are not connected persons of the Company.

3. The Third Purchase of Wealth Management Products of Bank of China

According to the First Wealth Management Products Master Agreement of Bank of China, on 13 February 2015, the Company made the Third Purchase of Wealth Management Products of Bank of China, details of which are as follows:

(1) Name of product: RMB wealth management products (Product No.: CNYAQKFTP0) ( 人民幣“按期開放”理財產品)
(2) Investment currency: RMB (3) Type of product: principal-guaranteed and income guaranteed wealth management product
(4) Subscription amount: RMB1.5 billion (5) Expected annualized return rate: 4.80% (6) Principle for calculation of product returns: return on the maturity date of the product is calculated by way of simple interest based on the investment principal, yield and days of investment.
(7) Value date of product: 13 February 2015 (8) Maturity date of product: 12 March 2015 (9) Principal guaranteed: 100% guarantee for the safety of the principal amount and income

of the Company

(10) Right of early termination: In case of early termination of this product prior to the maturity date of product, Bank of China shall pay the principal and income on that day.
(11) The payment of principal and return: If Bank of China decides to exercise its right of early termination or the Company redeems the product, Bank of China will return the principal and pay the income on the current open day. In case of national holidays, the time will be adjusted in accordance with the rules of adjustment.
(12) Description of connected relationship: To the best knowledge, information and belief of the Directors having made all reasonable enquiry, Bank of China and its ultimate beneficial owners are the third parties independent of the Company and connected persons of the Company, and are not connected persons of the Company.

4. The Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank

On 13 February 2015, the Company entered into the Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank with Qilu Bank for the third time to purchase 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(齐鲁银行对公结构性存款（理财）产品)
(2) Investment currency: RMB
(3) Type of product: principal-guaranteed and floating income wealth management product (4) Subscription amount: RMB1 billion
(5) Expected annualized return rate: 5.20 %
(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: 13 February 2015
(8) Maturity date of product: 16 March 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: to the best of the Directors’ knowledge, information and belief having made reasonable enquiry, Qilu Bank and its ultimate beneficial owners are the third parties who are independent of the Company and connected persons of the Company and they are not connected persons of the Company.

III. PARTICULARS OF OTHER WEALTH MANAGEMENT PRODUCTS AGREEMENTS

This section is a voluntary disclosure made by the Company.

1. Corporate Finance Structured Deposits Agreement of Industrial Bank

On 13 February 2015, the Company entered into the Corporate Finance Structured Deposits Agreement of Industrial Bank with Industrial Bank to purchase corporate finance structured deposits product, details of which are as follows:

(1) Name of product: Corporate Finance Structured Deposits of Industrial Bank
(2) Investment currency: RMB
(3) Type of product: principal-guaranteed and floating income wealth management product (4) Subscription amount: RMB1 billion
(5) Expected annualized return rate: 5.40%
(6) Principle for calculation of product returns: return on the product is calculated based on the investment principal of the Company, days of investment and the actual annualized return rate (365 days a year).
(7) Value date of product: 13 February 2015
(8) Maturity date of product: 12 March 2015
(9) Principal guaranteed: 100% guarantee for the safety of the principal amount of the Company.
(10) Right of early termination: Industrial Bank has the right of early termination of the deposits according to market conditions or own circumstances. In case of early termination of this product, Industrial Bank shall notify the Company 2 working days before the termination date.
(11) The payment of principal and return: the principal and return will be paid to the Company on the maturity date (or early termination date). In case of national holidays, the payment will be made on the next working day.
(12) Description of connected relationship: To the best knowledge, information and belief of the Directors having made all reasonable enquiry, Industrial Bank and its ultimate beneficial owners are the third parties independent of the Company and connected persons of the Company, and are not connected persons of the Company.

IV. REASONS AND BENEFITS FOR ENTERING INTO THE THIRD PURCHASE OF WEALTH MANAGEMENT PRODUCTS OF 2014/2015

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 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 enhance the utilization of capital and increase income from idle funds.

Therefore, the Directors consider that the Third Purchase of Wealth Management Products of 2014/2015 are fair and reasonable and in the interests of the Company and the Shareholders as a whole.

V. IMPLICATION OF THE HONG KONG LISTING RULES

Management Products of ICBC, the Second Purchase of Wealth Management Products of Bank of China and the 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 Third Purchase of Wealth Management Products of Agricultural Bank of China, the Third Purchase of Wealth Management Products of ICBC, the Third Purchase of Wealth Management Products of Bank of China and the Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank also constitute discloseable transactions of the Company and are subject to the reporting and announcement requirements under the Hong Kong Listing Rules.

VI. 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.

Agricultural Bank of China

Agricultural Bank of China is a licensed bank incorporated under the laws of the PRC. The principal businesses of Agricultural Bank of China include various corporate and retail banking products and services for a broad range of customers and carries out treasury operations for our own accounts or on behalf of customers. Its business scope includes, among others, investment banking, fund management, financial leasing and life insurance.

ICBC

ICBC is a licensed bank incorporated under the laws of the PRC. The principal businesses of ICBC include corporate and personal financing business, capital business, investment banking and provision of assets management, trust, finance lease and other financial services.

Bank of China

Bank of China is a licensed bank incorporated under the laws of the PRC. The principal business of Bank of China is commercial banking, including corporate banking, personal banking, financial markets services, investment banking and operation of insurance.

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.

Industrial Bank

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

DEFINITIONS

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

“Agricultural Bank of Zoucheng sub-branch of Agricultural Bank of China Limited; China”

“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 “Bank of China” Zoucheng sub-branch of Bank of China Limited;

“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;

“Corporate Finance the agreement entered into between the Company and Industrial Bank on 13 Structured Deposits February 2015 in relation to subscription of wealth management products Agreement of of Industrial Bank; Industrial Bank” “Director(s)” the director(s) of the Company; “First Corporate the agreement entered into between the Company and Qilu Bank on 9 April Structured Deposits 2014 in relation to subscription of wealth management products of Qilu (wealth management) Bank; Products Contract of Qilu Bank”

“First Master the agreement entered into between the Company and ICBC on 9 April Agreement of 2014 in relation to the purchase of wealth management products of ICBC; Structured Deposits of ICBC” “First Structured the agreement entered into between the Company and Agricultural Bank of Deposits Agreement China on 9 April 2014 in relation to subscription of wealth management of Agricultural Bank products of Agricultural Bank of China; of China” “First Wealth the agreement entered into between the Company and Bank of China on 9 Management April 2014 in relation to subscription of wealth management products of Products Master Bank of China; Agreement of Bank of China”

“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” “ICBC” Zoucheng sub-branch of Industrial and Commercial Bank of China Limited; “Industrial Bank” Jining branch of Industrial Bank Co., Ltd.; “PRC” the People’s Republic of China; “Qilu Bank” Jinan Yanshan sub-branch of Qilu Bank Co., Ltd.; “RMB” Renminbi, the lawful currency of the PRC; “Third Corporate the agreement entered into between the Company and Qilu Bank on 13 Structured Deposits February 2015 in relation to subscription of wealth management products (wealth management) of Qilu Bank; Products Contract of Qilu Bank”

“Third Purchase of the third purchase of wealth management products of ICBC on 13 February Wealth Management 2015 according to the First Master Agreement of Structured Deposits of Products of ICBC; Structured Deposits of ICBC” “Third Purchase of the third purchase of wealth management products of Agricultural Bank of Wealth Management China on 13 February 2015 according to the First Structured Deposits Products of Agreement of Agricultural Bank of China; Agricultural Bank of China”

“Third Purchase of the third purchase of wealth management products of Bank of China on 13 Wealth Management February 2015 according to the First Wealth Management Products Master Products of Bank of Agreement of Bank of China; China” “Third Purchase of means the Third Purchase of Wealth Management Products of Agricultural Wealth Management Bank of China, the Third Purchase of Wealth Management Products of Products of ICBC, the Third Purchase of Wealth Management Products of Bank of 2014/2015” China and the Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank;

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

Products Contract of Qilu Bank”

“Second Purchase of the second purchase of wealth management products of ICBC on 10 Wealth Management November 2014 according to the First Master Agreement of Structured Products of Deposits of ICBC; Structured Deposits of ICBC”

“Second Purchase of Wealth Management Products Agricultural Bank of China”

the second purchase of wealth management products of Agricultural Bank of China on 10 November 2014 according to the First Structured Deposits Agreement of Agricultural Bank of China;

“Second Purchase of the second purchase of wealth management products of Bank of China on Wealth Management 10 November 2014 according to the First Wealth Management Products Products of Bank of Master Agreement of Bank of China; China”

“Second Purchase of means the Second Purchase of Wealth Management Products of Wealth Management Agricultural Bank of China, the Second Purchase of Wealth Management Products of Products of ICBC, the Second Purchase of Wealth Management Products 2014/2015” of Bank of China and the Second Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank

“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 13 February 2015

As at the date of this announcement, the directors of the Company are Mr. Li Xiyong, Mr. Zhang Xinwen, 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.

AI assistant

CStone Pharmaceuticals Capital/Financing Update 2015

50715_rns_2015-02-13_ecd18e9f-8a9b-4a19-b8eb-6ac15e2556b0.pdf

兗州煤業股份有限公司

YANZHOU COAL MINING COMPANY LIMITED

DISCLOSEABLE TRANSACTIONS SUBSCRIPTIONS OF WEALTH MANAGEMENT PRODUCTS

I. BACKGROUND

2. The Third Purchase of Wealth Management Products of ICBC

3. The Third Purchase of Wealth Management Products of Bank of China

4. The Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank

III. PARTICULARS OF OTHER WEALTH MANAGEMENT PRODUCTS AGREEMENTS

IV. REASONS AND BENEFITS FOR ENTERING INTO THE THIRD PURCHASE OF WEALTH MANAGEMENT PRODUCTS OF 2014/2015

V. IMPLICATION OF THE HONG KONG LISTING RULES

VI. GENERAL

Information of the parties

Agricultural Bank of China

ICBC

Bank of China

Qilu Bank

Industrial Bank

DEFINITIONS

AI assistant

CStone Pharmaceuticals — Capital/Financing Update 2015

50715_rns_2015-02-13_ecd18e9f-8a9b-4a19-b8eb-6ac15e2556b0.pdf

兗州煤業股份有限公司

YANZHOU COAL MINING COMPANY LIMITED

DISCLOSEABLE TRANSACTIONS SUBSCRIPTIONS OF WEALTH MANAGEMENT PRODUCTS

I. BACKGROUND

2. The Third Purchase of Wealth Management Products of ICBC

3. The Third Purchase of Wealth Management Products of Bank of China

4. The Third Corporate Structured Deposits (wealth management) Products Contract of Qilu Bank

III. PARTICULARS OF OTHER WEALTH MANAGEMENT PRODUCTS AGREEMENTS

IV. REASONS AND BENEFITS FOR ENTERING INTO THE THIRD PURCHASE OF WEALTH MANAGEMENT PRODUCTS OF 2014/2015

V. IMPLICATION OF THE HONG KONG LISTING RULES

VI. GENERAL

Information of the parties

Agricultural Bank of China

ICBC

Bank of China

Qilu Bank

Industrial Bank

DEFINITIONS

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CStone Pharmaceuticals Capital/Financing Update 2015