CStone Pharmaceuticals — Capital/Financing Update 2022

Mar 30, 2022

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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兗礦能源集團股份有限公司

YANKUANG ENERGY GROUP COMPANY LIMITED*

(A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1171)

Provision of Financial Guarantee to the Company’s Controlled

Subsidiaries and Granting of Authorization to Yancoal Australia and Its Subsidiaries to Provide Guarantee for the Daily Operation of the

Subsidiaries of Yankuang Energy in Australia

This announcement is made pursuant to the disclosure obligations under Part XIVA of the Securities and Futures Ordinance and Rule 13.09(2)(a) and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

I. General overview of the authorization of guarantee

(1) Basic information on the authorization of guarantee

1. In order to reduce financing costs of its subsidiaries and to ensure that the normal operation funding needs of its subsidiaries can be satisfied, Yankuang Energy Group Company Limited (the “ Company ” or “ Yankuang Energy* ”) submit to the shareholders’ general meeting for authorizing the provision of financial guarantee by the Company and its controlled subsidiaries to their respective subsidiaries for a total amount not exceeding USD5 billion or its equivalents. Provision of guarantees to

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invested companies shall abide by regulations in relation state-owned assets supervision.

1. In order to meet the normal operational needs of the Company’s subsidiaries in Australia (the “ Australian Subsidiaries ”), Yancoal Australia Limited (“ Yancoal Australia ”) and its subsidiaries need to provide guarantees for a total amount of not more than AUD 1.2 billion to the Australian Subsidiaries for their daily operations. With reference to the common practice of the daily operations of operating companies in Australia, the relevant parties often provide guarantees to the subsidiaries. The guarantees for operation concerned include the provision of guarantee by Yancoal Australia to its subsidiaries, by the subsidiaries of Yancoal Australia to their subsidiaries, and by Yancoal Australia and its subsidiaries to the subsidiaries of Yancoal International (Holding) Co., Ltd. (兗煤國際（控股）有限公司 ) (“ Yancoal International* ”) in Australia. Such guarantees are mainly made in the form of bank guarantee.

(2) Details of the authorization of guarantee

1. To approve the provision of financial guarantee by the Company and its controlled subsidiaries to their respective subsidiaries for an amount not exceeding USD5 billion or its equivalents.

2. To approve the provision of guarantees for not more than AUD 1.2 billion by Yancoal Australia and its subsidiaries to the Australian Subsidiaries for their daily operations.

3. To approve the granting of authorization to any one of the directors of the Company (the “ Board ”) to deal with matters in relation to the aforesaid financial guarantees in accordance with the relevant laws and regulations. Such matters include but are not limited to the following:

4. (1) to determine the appropriate subsidiaries which will be provided with the guarantees based on the financing needs;

(2) to determine the exact terms and conditions of the guarantee agreements, which include but are not limited to the amount, term, scope and method of

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guarantee; and executing the guarantee agreement(s) involved and other relevant legal documents; and

(3) to deal with the filing and reporting of documents and information in respect of the guarantee(s) and other relevant matters.

1. The aforementioned authorization shall become valid on the date of the conclusion of the 2021 annual general meeting until the date of conclusion of the next annual general meeting of the Company, except where the circumstances require the person so authorized to exercise his powers after the expiry of the term of authorization in relation to any contracts, agreements or decisions regarding the financial guarantees that have been made within the term of authorization.

(3) Internal decision-making procedures for the authorization of guarantee

The “Proposal in relation to provision of financial guarantee to the Company's subsidiaries and granting of authority to Yancoal Australia and its subsidiaries to provide guarantees for the daily operation of the subsidiaries of the Company in Australia” was considered and approved at the 21st meeting of the eighth session of the Board held on 30 March 2022, and will be submitted to the 2021 annual general meeting for consideration and approval.

II. Basic Information of the Guaranteed Parties

For the basic information of the guaranteed parties, please refer to Appendix 1 –Basic information of the Company’s subsidiaries which are proposed to be guaranteed, Appendix 2 – Basic information of the subsidiaries of Yancoal Australia which are proposed to be guaranteed, and Appendix 3 – Basic information of the subsidiaries of Yancoal International which are proposed to be guaranteed.

III. Contents of the Guarantee Agreement and Guaranteed Parties

As of the date of this announcement, the Company has not entered into any guarantee

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agreement. The Company will strictly fulfil its obligations in relation to the guarantees based on the arrangements of the financing activities and the actual circumstances facing the Company during the term of the authorization in accordance with the authorization by the shareholders at the general meeting.

IV. Opinion of the Board and Independent Non-executive Directors

The Board and the independent non-executive directors of the Company are of the view that the matters in relation to the provision of financial guarantee by the Company to its subsidiaries and the granting of authorization to Yancoal Australia and its subsidiaries to provide guarantees for the daily operation of the Australian Subsidiaries meet the operational development needs of the Company, its subsidiaries; the provision of guarantees by Yancoal Australia and its subsidiaries to the Australian Subsidiaries is for the daily operational needs and in compliance with the laws and regulations and the local operating practice in Australia. As the abovementioned guaranteed parties are either controlled subsidiaries or invested companies of the Company, the Company therefore believes that the risk arising from the guarantee can be effectively controlled and prevented, and that the guarantee will not be detrimental to the interests of the Company and its shareholders as a whole.

V. Number of Cumulative External Guarantees and Overdue Guarantees

As at 31 December 2021, the accumulative balance of the external guarantees provided by the Company was RMB29.546 billion in aggregate, representing 43.33% of the audited net assets of RMB68.186 billion of the Company in 2021 calculated in accordance with the PRC Accounting Standards.

The guaranteed parties and the guarantees are as follows:

1. Yancoal Australia

As considered and approved at the 2019 annual general meeting of the Company, the Company provided a guarantee of USD 1.275 billion to Yancoal Australia, a controlled

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subsidiary of the Company. As at 31 December 2021, the balance of the aforementioned guarantee was USD0.869 billion.

2. Yancoal International (Holding) Company Limited (“ Yancoal International ”)

As considered and approved at the Company’s 2020 annual general meeting, the Company provided a guarantee of USD0.1 billion to Yancoal International, a whollyowned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was USD0.1 billion.

3. Yancoal International Resources Development Co., Ltd. ( 兗煤國際資源開發有限 公司 ) (“ Yancoal International Resources* ”)

As considered and approved at the Company’s second extraordinary general meeting in 2012, the Company provided a guarantee to Yancoal International Resources, a whollyowned subsidiary of the Company, of USD1 billion for its issuance of overseas corporate bonds. As at 31 December 2021, the balance of the abovementioned guarantee was USD0.104 billion.

As considered and approved at the 2019 annual general meeting of the Company, the Company provided a guarantee to Yancoal International Resources of USD0.5 billion for its issuance of overseas corporate bonds. As of 31 December 2021, the balance of the abovementioned guarantee was USD0.5 billion.

As considered and approved at the 2020 annual general meeting of the Company, the Company provided a guarantee to Yancoal International Resources of USD0.3 billion for its issuance of overseas corporate bonds. As at 31 December 2021, the balance of the abovementioned guarantee was USD0.3 billion.

1. Qingdao Zhongyin Ruifeng International Trade Co., Ltd. (青島中垠瑞豐國際貿易 有限公司) (“ ZhongyinRuifeng* ”)

As considered and approved at the 2019 annual general meeting of the Company, the

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Company provided a guarantee of RMB1.23 billion to ZhongyinRuifeng, a controlled subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1.23 billion.

As considered and approved at the 2020 annual general meeting of the Company, the Company provided a guarantee of RMB1.97 billion to ZhongyinRuifeng. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1.97 billion.

5. Zhongyin Financial Leasing Co., Ltd. ( 中垠融資租賃有限公司 ) (“ Zhongyin Financial Leasing* ”)

As considered and approved at the 2018 annual general meeting of the Company, the Company provided a guarantee of RMB0.308 billion to Zhongyin Financial Leasing, a wholly-owned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB0.116 billion.

As considered and approved at the 2019 annual general meeting of the Company, the Company provided a guarantee of RMB1.378 billion to Zhongyin Financial Leasing. As at 31 December 2021 the balance of the abovementioned guarantee was RMB1.378 billion.

1. Qingdao Bonded Area Zhong Yan Trading Co., Ltd. (青島保稅區中兗貿易有限公 司) (“ Qingdao Zhong Yan* ”)

As considered and approved at the 2019 annual general meeting of the Company, the Company provided guarantee of RMB1.6 billion to Qingdao Zhong Yan, a whollyowned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1.6 billion.

As considered and approved at the 2020 annual general meeting of the Company, the Company provided a guarantee of RMB0.5 billion to Qingdao Zhong Yan. As at 31 December 2021, the balance of the abovementioned guarantee was RMB0.5 billion.

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7. Shandong Zhongyin International Trade Co., Ltd. (“ Zhongyin International Trade ”)

As considered and approved at the 2020 annual general meeting of the Company, the Company provided guarantee of RMB0.2 billion to Zhongyin International Trade, a wholly-owned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB0.2 billion.

8. Inner Mongolia Mining (Group) Company Limited (“ Inner Mongolia Mining ”)

As approved by the third meeting of the eighth session of the Board, the Company participated in the capital increase of Inner Mongolia Mining through tender process in the Inner Mongolia Property Rights Trading Center and acquired 51% of equity interests in Inner Mongolia Mining. Before the completion, Inner Mongolia Mining provided a guarantee in an amount of RMB0.4 billion to Inner Mongolia Mining Geological Survey Co., Ltd. As at 31 December 2021, the guarantees mentioned above were not yet released.

As considered and approved at the 2020 annual general meeting of the Company, Inner Mongolia Mining provided a guarantee of RMB1.413 billion to Ulanqab Hongda Co. Ltd. (“Hongda”), its wholly-owned subsidiary. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1.413 billion.

As considered and approved at the 2020 annual general meeting of the Company, Inner Mongolia Mining provided a guarantee of RMB0.699 billion to Ordos Fengwei Photoelectricity Co., Ltd., its wholly-owned subsidiary. As at 31 December 2021, the balance of the abovementioned guarantee was RMB0.699 billion.

As considered and approved at the 2021 first extraordinary general meeting of the Company, Inner Mongolia Mining provided a guarantee of RMB0.18 billion to Inner Mongolia Jinlian Aluminum Co., Ltd., its invested company, and provided a guarantee of RMB0.098 billion to Hongda. As at 31 December 2021, the balance of the abovementioned guarantee were RMB0.18 billion and RMB0.098 billion respectively.

9. Shaanxi Future Energy Co., Ltd. (“ Future Energy ”)

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As considered and approved at the 2021 first extraordinary general meeting of the Company, Future Energy provided a guarantee of RMB0.017 billion to Shaanxi Future Clean Chemical Co., Ltd., its controlled subsidiary, and provided a guarantee of RMB0.336 billion to Shaanxi Jingshen Raiway Co., Ltd., its invested company. As at 31 December 2021, the balance of the abovementioned guarantee were RMB0.017 billion and RMB0.336 billion respectively.

10. Yankuang Lunan Chemicals Co., Ltd. (“ Lunan Chemicals ”)

As considered and approved at the 2019 annual general meeting of the Company, the Company provided guarantee of RMB1 billion to Lunan Chemicals, a wholly-owned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1 billion.

11. Yanzhou Coal Yulin Neng Hua Company Limited. (“ Yulin Neng Hua ”)

As considered and approved at the 2019 annual general meeting of the Company, the Company provided guarantee of RMB1.176 billion to Yulin Neng Hua, a wholly-owned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1.176 billion.

12. Inner Mongolia Rongxin Chemicals Co., Ltd. (“ Rongxin Chemicals ”)

As considered and approved at the 2019 annual general meeting of the Company, the Company provided guarantee of RMB1.248 billion to Rongxin Chemicals, a whollyowned subsidiary of the Company. As at 31 December 2021, the balance of the abovementioned guarantee was RMB1.248 billion.

13. Australian Subsidiaries

As at 31 December 2021, Yancoal Australia and its subsidiaries has performance deposit and guarantee for operational necessity in a total amount of AUD0.875 billion.

The Company did not have overdue guarantee.

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VI. Document Available For Inspection

The resolutions passed at the 21st meeting of the eighth session of the Board of the

Company.

By order of the Board

Yankuang Energy Group Company Limited* Li Wei Chairman of the Board

Zoucheng, Shandong Province, the PRC 30 March 2022

As at the date of this announcement, the Directors of the Company are Mr. Li Wei, Mr. Liu Jian, Mr. Xiao Yaomeng, Mr. Zhu Qingrui, Mr. Zhao Qingchun, Mr. Wang Ruolin and Mr. Huang Xiaolong, and the independent non-executive Directors of the Company are Mr. Tian Hui, Mr. Zhu Limin, Mr. Cai Chang, and Mr. Poon Chiu Kwok.

* For identification purpose only

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Appendix 1:

Basic information of the Company’s controlled subsidiaries which are proposed to be guaranteed

Unit: RMB100 million

No.	Name of company	Place of registrat ion	Registere d capital	Percentag e of shareholdi ng	Scope of operations			31 December 2021	31 December 2021			2021年度	2021年度
						Total assets	Total liabilitie s	Net assets	Debt/ass et ratio	Curren t liabilit ies	Bank loans	Operatin g income	Net profit
1	Yancoal Australia Ltd.	Australia	AUD6.02 7 billion	62.26%	Coal mining and sales of coal	545.35	261.23	284.13	47.90%	38.15	151.12	266.47	38.12
2	Yancoal International (Holding) Co., Ltd.	Hong Kong	USD689 million	100%	Foreign investment, development of mining technology, transfer and consulting services, import and export trade	142.4	90.19	52.21	63.33%	70.42	27.50	27.44	3.99
3	Yancoal International Resources Development Co., Ltd.	Hong Kong	USD0.6 million	100%	Exploration and development of mining resources	51.72	59.15	-7.43	114.37 %	1.78	-	-	-1.86
4	Yancoal International Technology Development Co., Ltd.	Hong Kong	USD1 million	100%	Development, transfer and consultation services of mining technology	8.34	5.98	2.36	71.74%	5.98	-	-	0.01
5	Zhongyin Financial Leasing Co., Ltd.	Shangha i	RMB7 billion	100%	Financial leasing business, leasing business, purchase of leasing property	158.65	82.5	76.15	52.00%	47.26	18.82	7.59	4.28

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					from the domestic and overseas market
6	Qingdao ZhongyinRuife ng International Trade Co., Ltd.	Shandon g, Qingdao	RMB200 million	51%	International trade, carrying trade, import and export of self- operated commodities	66.63	63.21	3.42	94.87%	63.21	8.90	271.95	0.27
7	ZhongyinRuife ng (Hong Kong) Co., Ltd.	Hong Kong	HKD10 million	51%	International trade, carrying trade, import and export of self- operated commodities	4.85	4.52	0.33	93.21%	4.52	3.28	55	0.04
8	Shandong Zhongyin International Trade Co., Ltd.	Shandon g, Jinan	RMB300 million	100%	Import and export of commodities and technologies, sale of coal and coal mining machinery equipment and accessories etc.	28.51	18.07	10.44	63.37%	18.07	2.00	171.72	2.07
9	Qingdao Zhong Yan Trading Co., Ltd.	Shandon g, Qingdao	RMB50 million	100%	Trade of domestic bulk commodities, international trade, carrying trade, import and export of self- operated commodities	5.14	5.26	-0.12	102.27 %	5.26	3.78	121.71	-1.53
10	Zhongyin Tai’an Financial Leasing Co., Ltd.	Shandon g, Tai'an	RMB1.59 3 billion	70%	Financial leasing business, leasing business	18.64	0.90	17.74	4.84%	0.9	-	0.73	0.37
11	Duanxin (Shenzhen) Investment Holding Co., Ltd.	Guangd ong, Shenzhe n	RMB1.1 billion	100%	Equity investment, entrusted asset management, investment management	11.5	0.02	11.48	0.14%	-	-	-	0.05
12	Duanxin Commercial Factoring	Guangdo ng,	RMB100 million	100%	Commercial factoring business, trading business	0.51	0.31	0.20	61.02%	0.31	-	-	-0.49

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	(Shenzhen) Co., Ltd.	Shenzhe n
13	Duanxin Supply Chain (Shenzhen) Co., Ltd.	Guangd ong, Shenzhe n	RMB100 million	100%	Supply chain management and relevant supporting services, trading business	6.12	6.95	-0.83	113.58 %	6.95	-	4.34	-2.16
14	Yanzhou Coal Blue Sky Clean Energy Co., Ltd.	Shandon g, Jining	RMB310 million	100%	Manufacturing and sale of environmentally- friendly furnace; clean heating; environmental protection projects	4.68	1.93	2.75	41.22%	1.93	-	2.43	-0.12
15	Shaanxi Future Energy Co., Ltd.	Yulin, Shaanxi	RMB5.4 billion	73.9725 %	R&D, production and sale of chemical products	265.61	98.51	167.11	37.09%	54.6	42.55	151.36	57.4
16	Shaanxi Future Clean Oil and Chemical Sales Co., Ltd.	Yulin, Shaanxi	RMB50 million	100% held by Shaanxi Future Energy	Sale of petroleum and chemical products	1.22	0.34	0.88	28.24%	0.34	-	14.7	0.09
17	Shaanxi Future Clean Chemical Sales Co., Ltd.	Yulin, Shaanxi	RMB30 million	51% held by Shaanxi Future Energy Co., Ltd	R&D of Fischer - Tropsch synthesis product; production, storage and sales of liquid paraffin; Fischer- Tropsch synthetic paraffin, ope-wax, emulsifying wax	1.57	1.18	0.39	75.14%	1.03	0.15	4.25	0.02
18	Yankuang Yulin Fine Chemicals Co.,Ltd.	Yulin, Shaanxi	RMB46.2 million	100%	Sales and production of chemical products	2.51	0.60	1.92	23.67%	0.59	-	2.18	0.32
19	Yankuang Lunan Chemicals	Tengzho u, Shandon g	RMB5.04 1 billion	100%	Sales and production of chemical products overseas market	141.47	49.97	91.5	35.32%	34.25	10.35	125.73	32.39

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	Co., Ltd.
20	Yankuang Jining Chemicals Co., Ltd.	Jining, Shandon g	RMB112 million	100%	Manufacturing and repair of chemical equipment and parts	1.00	0.42	0.58	42.40%	0.38	-	0.68	0.03
21	Yankuang Coal Chemical Supply and Sales Co., Ltd.	Jining, Shandon g	RMB260 million	100%	Sales and production of chemical products	5.26	4.12	1.14	78.41%	4.12	-	168.01	0.15
22	Shandong Yankuang Jisan Power Co., Ltd.	Jinan, Shandon g	RMB430 million	99%	Thermal power generation, heat supply	13.19	7.00	6.19	53.06%	5.45	-	4.62	0.01
23	Shaanxi Jingshen Raiway Co., Ltd.	Yulin, Shaanxi	RMB6.2 billion	4% held by Shaanxi Future Energy Co Ltd	Railway construction and transportation	150.27	92.69	57.58	61.68%	8.69	84.00	15.17	-0.49
24	Ordos Zhuanlongwan Coal Co., Ltd.	Ordos, Inner Mongoli a	RMB5.05 billion	100%	Exploration and sales of coal	128.21	50.19	78.02	39.15%	11.74	-	58.69	23.33
25	Ordos Yingpanhao Coal Co., Ltd.	Ordos, Inner Mongoli a	RMB3 billion	100%	Exploration and sales of coal	83.84	52.84	31.00	63.02%	15.67	-	12.09	0.62
26	Inner Mongolia Haosheng Coal Co., Ltd.	Ordos, Inner Mongoli an	RMB1.18 5 billion	59.38%	Exploration and sales of coal	150.56	101.65	48.91	67.51%	75.96	-	20.95	-5.71

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27	Inner Mongolia Rongxin Chemicals Co., Ltd.	Ordos, Inner Mongoli a	RMB1.53 3 billion	100%	R&D, production and sales of chemical products	99.73	71.04	28.68	71.24%	16.67	-	47.37	0.47
28	Yanzhou Coal Yulin Neng Hua Co., Ltd.	Yulin, Shaanxi	RMB1.4 billion	100%	R&D, production and sales of chemical products	50.11	33.13	16.98	66.11%	9.95	-	16.02	0.06
29	Inner Mongolia Mining Group Co., Ltd.	Hohhot, Inner Mongoli a	RMB6.99 7 billion	51%	Investment and management of mineral assets, sale and import and export of mineral products	232.14	158.34	73.80	68.21%	136.43	15.26	-	-7.15
30	Ulanqab Hongda Co., Ltd.	Ulanqab, Inner Mongoli a	RMB550 million	100% held by Inner Mongolia Mining	Manufacturing and sale of environmentally- friendly furnace; clean heating; environmental	20.57	17.65	2.93	85.77%	4.47	-	7.39	-2.31
31	Ordos Fengwei Photoelectricit y Co., Ltd.	Ordos, Inner Mongoli a	RMB180 million	100% held by Inner Mongolia Mining	Operation and construction of solar power and wind power generation projects	9.56	5.64	3.92	59.03%	0.1	-	1.26	0.50
32	Inner Mongolia Mineral Resources Investment Holding Co., Ltd.	Hohhot, Inner Mongoli a	RMB400 million	100% held by Inner Mongolia Mining	Ulanqab Caosiyao Molybdenum Mine	23.19	0.72	22.47	3.09%	0.17	-	-	-0.06
33	Inner Mongolia Jinkong Financial	Hulun Buir, Inner	RMB1.2 billion	55% held by Inner	Provision of financial leasing and domestic commercial factoring business	7.02	0.06	6.96	0.80%	0.06	-	0.19	0.09

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	Leasing Co., Ltd.	Mongoli a		Mongolia Mining
34	Ordos Lvneng Photoelectricit y Co., Ltd.	Ordos, Inner Mongoli a	RMB1.2 billion	90.29% held by Inner Mongolia Mining	Sale of crystalline silicon, solar power bank, photovoltaic and wind power parts	1.77	5.57	-3.80	315.37 %	1.81	-	-	-5.67
35	Ordos Cultural Industrial Park Culture and Education Co., Ltd.	Ordos, Inner Mongoli a	RMB209. 034 million	63.3% held by Inner Mongolia Mining	R&D of educational software, planning and organization of educational and cultural activities, educational and cultural exchange	1.56	0.04	1.52	2.51%	0.04	-	-	0.01
36	Inner Mongolia Yitai Gulutu Mining Co., Ltd.	Ordos, Inner Mongoli a	RMB1 billion	52.77% held by Inner Mongolia Mining	Raw coal production, transportation, washing and selection, coking and sales	46.57	8.90	37.66	19.12%	-	-	-	0.01
37	Inner Mongolia Dongneng Energy CO., Ltd.	Hohhot, Inner Mongoli a Mining	RMB47.9 5 million	46.18% held by Inner Mongolia Mining	Sales of mineral products (not subjected to approval), investment and management of mineral assets	0.08	0.03	0.05	35.76%	0.03	-	0.02	-0.01
38	Inner Mongolia Xineng Energey Co., Ltd.	Alxa League Inner Mongoli a Mining	RMB90 million	35.50% held by Inner Mongolia Mining	Sales of mineral products, investment and management of mineral assets, survey of mining right application and development of external cooperation	0.68	0.02	0.66	3.31%	0.02	-	0.01	-0.05
39	Inner Mongolia Jinlian Aluminum	Holingol , Inner Mongoli a Mining	RMB10.5 billion	44.21% held by Inner Mongolia Mining	Post processing of aluminum, production and sales of aluminum ingots, aluminum products and	177.02	88.78	88.24	50.15%	67.71	-	168.07	20.59

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	Co., Ltd.				derivatives, import and export of goods and
40	Inner Mongolia Huomei Jinlian Co., Ltd.	Holingol , Inner Mongoli a Mining	RMB100 million	30% held by Inner Mongoli a Mining	Distribution of mine mechanical and electrical equipment, labor protection supplies, coal	1.62	0.82	0.8	50.80%	0.82	-	-	-0.06
41	Shandong Xinbaolong Industry Technology Co., Ltd.	Jining, Shandon g	RMB100 million	45%	Industrial automatic control system device manufacturing, rubber products manufacturing, etc.	1.33	0.33	1.00	24.57%	0.33	-	0.74	0.01
42	Yancoal Dongping Lugang Co., Ltd.	Qinan, Shandon g	RMB91.9 975074 million	46.31%	Port infrastructure construction, operation and management, road cargo transportation, railroad cargo transportation, etc.	8.98	0.01	8.97	0.04%	-	-	-	-0.10

Note: The subsidiaries to be guaranteed include, but are not limited to, the above-mentioned entities.

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Appendix 2

Basic information of the subsidiaries of Yancoal Australia which are proposed to be guaranteed

Unit: RMB100 million

Name of company	Place of registration	Registered capital	Percenta ge of sharehol ding	Scope of operations			31 December 2021	31 December 2021			2021	2021
					Total assets	Total liabilities	Total assets	Total liabilitie s	Total assets	Total liabilit ies	Total assets	Total liabilities
Ashton Joint Venture Company	Non-legal person joint venture company	N/A	100%	Coal mining, washing and preparatio n	3.19	2.53	0.66	79.40%	1.03	0	1.12	0.25
Austar Coal Mine Pty Limited	State of Victoria	AUD 64,000,000	100%	Coal mining, washing and preparatio n	2.03	5.16	-3.13	253.85%	0.28	0	0.02	0.03
Donaldson Coal Pty Ltd	State of New South Wales	AUD 3,636,115.53	100%	Coal mining, washing and preparatio n	3.79	6.38	-2.59	168.54%	0.63	0	0	-0.82
		AUD 2	100%	Coal mining, washing	1.47	4.78	-3.31	324.55%	0	0	0	-0.01

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Duralie Coal Mine Pty Limited	State of New South Wales			and preparatio n
Stratford Coal Mine Pty Limited	Western Australia	AUD 10	100%	Coal mining, washing and preparatio n	9.11	24.38	-15.27	267.67%	0.37	0	1.28	-1.05
Moolarben Joint Venture Company	Non-legal person joint venture company	N/A	95%	Coal mining, washing and preparatio n	49.82	15.23	34.59	30.57%	6.16	0	20.2	5.09
Yancoal Resources Limited	State of New South Wales	AUD 444,712,130	100%	Coal mining, exploratio n	8.61	4.73	3.87	54.99%	0.15	4.59	0	-0.94
Yarrabee Coal Company Pty Ltd.	State of Queensland	AUD 92,080	100%	Coal mining, washing and preparatio n	11.96	7.83	4.13	65.45%	1.19	0	5.11	0.62
Hunter Valley	State of New South Wales	N/A	51%	Coal mining, washing and preparatio n	23.57	4.4	19.17	18.68%	2.62	0	11.91	3.19
Wark Hill Associate	State of New South Wales	N/A	84.47%	Coal mining, washing and	21.94	6.46	15.48	29.46%	1.42	0	10.85	3.71

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				preparatio n
Mount Thorley Associate	State of New South Wales	N/A	80.00%	Coal mining, washing and preparatio n	6.51	1.74	4.77	26.79%	0.33	0	4.31	0.63

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Appendix 3

Basic information of the subsidiaries of Yancoal International which are proposed to be guaranteed

Unit: RMB100 million

											Unit: RMB100 million	Unit: RMB100 million
Guaranteed company	Place of registration	Registered capital	Percentag e of shareholdi ng	Scope of operations		31 December		2020			2020
					Total assets	Tota l liabilit ies	Net assets	Debt/ asset ratio	Curre nt liabilit ies	Ban k loan s	Revenu e	Net profit
Athena Joint Venture Company	Non-legal person joint venture company	N/A	51%	Exploration	0.46	0.25	0.21	54.89%	0.18	0	0	0
Premier Coal Limited	Western Australia	AUD3,885,6 79	100%	Coal mining, washing and preparation	3.10	1.32	1.78	42.73%	0.66	0	2.06	-0.01
Syntech Resources Pty Ltd.	State of New South Wales	AUD64,826. 90	100%	Coal mining, washing and preparation	8.28	8.08	0.20	97.57%	6.56	0	3.42	0.81
Tonford (Holding) Ltd	State of Victoria	AUD46,407, 918	100%	Exploration	0.61	0.31	0.30	50.37%	0.13	0	0	0
Wilpeena (Holding) Ltd	State of Victoria	AUD3,457,3 82	100%	Exploration	0.20	0.18	0.02	89.38%	0.02	0	0	0

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