CStone Pharmaceuticals — Capital/Financing Update 2020

Mar 31, 2020

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 COMPLETION OF THE ACQUISITION OF 10% INTERESTS IN THE MOOLARBEN COAL JOINT VENTURE

Reference is made to the announcement of Yanzhou Coal Mining Company (the " Company ") dated 27 March 2020 in respect of the proposed acquisition of 10% interest in the Moolarben Coal Joint Venture from Sojitz Moolarben Resources Pty Ltd (" Sojitz ") by Yancoal Moolarben Pty Ltd, a wholly-owned subsidiary of Yancoal Australia Ltd (" Yancoal Australia ") (the " Transaction ").

The Company is pleased to announce that the Transaction has completed.

Yancoal Australia currently holds 95% participating interest in the Moolarben Coal Joint Venture through its wholly owned subsidiaries Moolarben Coal Mines Pty Ltd (85%) and Yancoal Moolarben Pty Ltd (10%). The remaining joint venture interest is held by a consortium of Korean companies (5%).

The immediate benefit from the Transaction will be an increase in attributable revenue from this low cost, tier1 asset, which the Company will consolidate into its financial results. In the forward years, there is the potential for the Moolarben Coal Joint Venture to increase its production profile, subject to ongoing work with external stakeholders.

The Company would like to thank Sojitz for its support throughout the history, development and operation of the Moolarben coal complex.

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

Zoucheng, Shandong Province, the PRC 31 March 2020

As at the date of this announcement, the directors of the Company are Mr. Li Xiyong, Mr. Li Wei, Mr. Wu Xiangqian, Mr. Liu Jian, 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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