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CStone Pharmaceuticals Capital/Financing Update 2019

Jan 7, 2019

50715_rns_2019-01-07_95bf8082-e9de-4df3-9291-c50599a2d510.pdf

Capital/Financing Update

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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)

VOLUNTARY ANNOUNCEMENT UPDATE ON DEBT FINANCING TRANSACTION OF AN OVERSEAS SUBSIDIARY

This announcement is made by Yanzhou Coal Mining Company Limited (the " Company ") on a voluntary basis.

Reference is made to the announcements (the " Announcements ") of the Company dated 17 February 2016, 1 April 2016, 30 September 2016 and 4 January 2019 in relation to the debt financing transaction of Yancoal Australia Limited (" Yancoal Australia ", an overseas subsidiary of the Company). Unless otherwise specified, capitalized terms used herein shall have the same meaning as defined in the Announcements.

The board of directors of the Company (the " Board ") hereby announces that, as informed by Yancoal Australia, the remaining Bonds Holders, Industrial Bank Co. Ltd. and United NSW Energy Limited, have expressed that neither of them intend to exercise their Put Options at this time.

The Put Options allow the Bonds Holders to transfer their Bonds to Yankuang Group at face value during option exercise windows during the first week of January in 2019, 2021, 2023 and 2025. Therefore, the next option exercise window will be the first week of January 2021.

The Company will make further announcement(s) in relation to the debt financing transaction of Yancoal Australia in accordance with the requirements of the Hong Kong Listing Rules as and when appropriate.

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

Zoucheng, Shandong Province, the PRC 7 January 2019

As at the date of this announcement, the Directors of the Company are Mr. Li Xiyong, Mr. Li Wei, Mr. Wu Xiangqian, Mr. Wu Yuxiang, Mr. Guo Dechun, Mr. Zhao Qingchun and Mr. Guo Jun, and the independent nonexecutive Directors of the Company are Mr. Kong Xiangguo, Mr. Cai Chang, Mr. Poon Chiu Kwok and Mr. Qi Anbang.

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