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YZCAY Yankuang Energy Group Company Ltd (QX)

23.20
-0.0275 (-0.12%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Yankuang Energy Group Company Ltd (QX) USOTC:YZCAY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0275 -0.12% 23.20 23.20 23.69 23.20 23.20 23.20 421 21:02:43

Report of Foreign Issuer (6-k)

27/02/2014 2:22pm

Edgar (US Regulatory)


1934 ACT FILE NO. 001-14714

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of February 2014

 

 

Yanzhou Coal Mining Company Limited

(Translation of Registrant’s name into English)

 

 

298 Fushan South Road

Zoucheng, Shandong Province

People’s Republic of China

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F   x             Form 40-F   ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):   ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):   ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes   ¨             No    x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            

 

 

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Yanzhou Coal Mining Company Limited
Date February 27, 2014     By  

/s/ Zhang Baocai

    Name:   Zhang Baocai
    Title:   Director and Company Secretary


Certain statements contained in this announcement may be regarded as forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve inherent risks and uncertainties that may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks and uncertainties is included in the Company’s filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this announcement represent the Company’s views as of the date of this announcement. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this announcement.

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.

 

LOGO

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

PUBLICATION OF THE 2013 ANNUAL RESULTS OF YANCOAL

AUSTRALIA, AN OVERSEAS SUBSIDIARY CONTROLLED BY

YANZHOU COAL MINING COMPANY LIMITED

 

Yancoal Australia (a subsidiary controlled by the Company), the shares of which are listed on the ASX, published its 2013 annual results announcement.

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

On 27 February 2014, Yancoal Australia Limited (“ Yancoal Australia ”) (a subsidiary controlled by Yanzhou Coal Mining Company Limited (the “ Company ”)), the shares of which are listed on the Australian Securities Exchange (“ ASX ”) (stock code: YAL), published its 2013 annual results announcement.


The production and sales volume of Yancoal Australia for the year 2013 are set out below:

Unit: kilotonne

 

          2013      2012  

Raw coal

production

   total      27,028         23,785   
   equity interest      23,093         21,004   

Saleable coal

production

  

total

     19,686         16,653   
   equity interest      16,866         14,646   

Sales volume of

saleable coal

   total      19,727         17,010   
   equity interest      17,009         14,856   

The board of directors of the Company would like to draw the attention of the Company’s shareholders and the public investors to the following major audited financial data and indicators of Yancoal Australia which were prepared in accordance with the Australian Accounting Standards for the year 2013:

Unit: Australian dollar million

 

     2013      2012  

Revenue from continuing operations

     1,529.8         1,366.4   

Operating EBITDA

     43.7         154.1   

Profit after tax

     -832.1         375.4   
     As at 31 December 2013         As at 31 December 2012   

Net debt

     4,838.9         3,229.2   

Net equity

     977.2         1,791.5   

The merger of Yancoal Australia and Gloucester Coal Ltd (“ Gloucester ”) has completed by the end of June 2012. For the purpose of comparing the relevant data, the production of Yancoal Australia for the year 2012 includes the production of Gloucester. According to the merger agreement between Yancoal Australia and Gloucester, Yancoal Australia has excluded the assets of Cameby Downs Mine and Premier Mine by the end of June 2012. The operation information of Yancoal Australia for the year 2012 does not include the data of Cameby Downs Mine and Premier Mine for the year 2012.

Given that there are differences between the Australian Accounting Standards and the Chinese Accounting Standards, there may be differences in certain items between the 2013 annual financial report of Yancoal Australia prepared in accordance with the Australian Accounting Standards and the financial data for the year 2013 provided by Yancoal Australia to the Company for the consolidation in accordance with the Chinese Accounting Standards.


Please refer to the full report as published on the ASX ( http://www.asx.com.au/asx/statistics ) by Yancoal Australia for further details.

By order of the Board

Yanzhou Coal Mining Company Limited

Li Xiyong

Chairman of the Board

Zoucheng, Shandong Province, the PRC

27 February 2014

As at the date of this announcement, the Directors are Mr. Li Xiyong, Mr. Zhang Xinwen, Mr. Zhang Yingmin, Mr. Shi Xuerang, Mr. Wu Yuxiang, Mr. Zhang Baocai and Mr. Dong Yunqing, and the independent non-executive Directors of the Company are Mr. Wang Xianzheng, Mr. Cheng Faguang, Mr.Wang Xiaojun and Mr. Xue Youzhi.

About the Company

For more information, please contact:

Yanzhou Coal Mining Company Limited

Zhang Baocai, Director and Company Secretary

Tel: +86 537 538 3310

Address: 298 Fushan South Road, Zoucheng, Shandong Province, 273500 PRC

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