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CStone Pharmaceuticals — Earnings Release 2021
Oct 21, 2021
50715_rns_2021-10-21_217ccf2b-c719-40f5-9fd4-490ba845c978.pdf
Earnings Release
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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)
ANNOUNCEMENT ON THE UNAUDITED MAJOR OPERATIONAL DATA OF THE THIRD QUARTER OF 2021
This is a voluntary announcement made by Yanzhou Coal Mining Company Limited (the “ Company ”).
According to the internal statistics compilation of the Company, the major operational data (unaudited) of the coal business and the coal chemicals business of the Company and its subsidiaries for the third quarter of 2021 is set out in the table below:
Unit: Ten kiloton
| For the thirdquarter of | For the thirdquarter of | For the thirdquarter of | For the first three quarters of | For the first three quarters of | For the first three quarters of | |
|---|---|---|---|---|---|---|
| 2021 | 2020 | Increase /decrease (%) | 2021 | 2020 | Increase/decrease(%) | |
| I. Coal Business | ||||||
| (i) Production volume ofsaleable coal | 2,680 | 3,164 | -15.30 | 7,777 | 9,051 | -14.07 |
| (ii) Sales volume ofsaleable coal | 2,656 | 3,973 | -33.15 | 7,747 | 11,337 | -31.67 |
| _Among which:_salesvolume of self-produced coal | 2,386 | 2,969 | -19.65 | 6,875 | 8,459 | -18.73 |
| II. Coal Chemicals Business | ||||||
| 1. Methanol | ||||||
| (i)Production volume | 52 | 40 | 29.60 | 186 | 134 | 38.69 |
| (ii)Sales volume | 70 | 42 | 68.75 | 194 | 135 | 43.75 |
| 2. Glycol | ||||||
| (i)Production volume | 4 | - | - | 20 | - | - |
| (ii)Sales volume | 6 | - | - | 22 | - | - |
| 3. Acetic acid | ||||||
| (i)Production volume | 26 | 29 | -8.23 | 81 | 79 | 3.57 |
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| (ii)Sales volume | 19 | 20 | -1.93 | 56 | 57 | -0.60 |
|---|---|---|---|---|---|---|
| 4. Ethyl acetate | ||||||
| (i)Production volume | 9 | 11 | -18.76 | 30 | 26 | 14.01 |
| (ii)Sales volume | 9 | 11 | -20.06 | 30 | 27 | 12.47 |
| 5. Crude liquid wax | ||||||
| (i)Production volume | 11 | 12 | -7.18 | 34 | 30 | 12.92 |
| (ii)Sales volume | 11 | 13 | -12.62 | 32 | 28 | 14.97 |
Notes:
1. The Company has completed the acquisition of assets including, among others, 49.315% equity interest of Shaanxi Future Energy Chemicals Co., Ltd. and 100% equity interest of Yankuang Lunan Chemical Co., Ltd. in December 2020. According to the Chinese Accounting Standards, such acquisition constitutes business combinations under common control. The Company has made retroactive adjustments to the major operational data for the first three quarters of 2020.
2. The production / sales volume set out in the table above were rounded to 10 kiloton. The increase / decrease percentage was calculated based on the actual production / sales volume.
In the third quarter of 2021, the Company and together with its subsidiaries produced 26.8 million tons of commercial coal, achieved an increase of 2.18 million tons or 8.85% over the output of commercial coal compare with the second quarter of 2021. As the operational data is influenced by various factors, including but not limited to the adjustment of the macroeconomic policy of the state, changes in domestic and overseas market conditions, seasonality, bad weather and disasters, equipment maintenance and safety inspection, the operational data for each quarter may differ substantially. The operational data is prepared in accordance with the China Accounting Standards for Business Enterprises together with relevant explanations issued by the Ministry of Finance of the People's Republic of China, which is different from the Company's interim report and annual report that are prepared in accordance with the International Financial Reporting Standards. The operational data disclosed in periodical reports shall prevail if there is any discrepancy. Investors should be aware of the investment risks associated therewith.
By order of the Board Yanzhou Coal Mining Company Limited Chairman of the Board Li Wei
Zoucheng, Shandong Province, the PRC 21 October 2021
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.
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