Report of Foreign Issuer (6-k)

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 November 2016

 

 

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  ☒            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  ☒

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

 

 

 

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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 November 10, 2016				By		/s/ Zhang Baocai
				Name:		Zhang Baocai
				Title:		Director

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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.

 

YANZHOU COAL MINING COMPANY LIMITED

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

(Stock Code: 1171)

YANZHOU COAL MINING COMPANY LIMITED

ANNOUNCEMENT ON RECEIPT OF GOVERNMENT SUBSIDIES

 

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

 

1.	Bas ic information on receipt of subsidies

According to the Notice on Budget Target of Pre - Appropriating Special Rewards and Subsidies for Structural Adjus tments of Industrial Enterprise issued by the Finance Bureau of Shandong Province (Lu Cai Gong Zhi [2016] No.4), the Finance Bureau of Shandong Province appropriated the special rewards and subsidies for structural adjustments of industrial enterprises amounting to RMB149.05 million to Yankuang Group Company Limited ( “Yankuang Group” ), in support of resolving overcapacity problem in coal industry. On 8 November 2016, Yanzhou Coal Mining Company Limited (“ Yanzhou Coal ” or the “ Company ”) received such special rewards and subsidies transferred by Yankuang Group.

 

2.	Category of the subsidies and its impact on the Company

With reference to the spirit of the Notice on the Provisions on R egulating the Accounting Treatments for Relevant Businesses of Addressing Overcapacity, Destocking, Deleveraging, Lowering Corporate Costs, and Improving Weak Links issued by the Ministry of Finance (Cai Kuai [2016] No. 17), Yanzhou Coal has placed the special rewards and subsidies into special payable. All of the special rewards and subsidies will be used for settlement of staff in relation to resolving overcapacity, which are estimated to have no material impact on the operational data of 2016 and the net assets of the Company.

 

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The final accounting treatment will be subject to the audit results confirmed by the auditors after conducting the annual audit. Investors are advised to be cautious of investment risks when dealing in the shares of the Company.

 

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

Zoucheng, Shandong Province, the PRC

10 November 2016

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. Zhao Qingchun, Mr. Guo Dechun and Mr. Guo Jun, and the independent non-executive directors of the Company are Mr. Wang Lijie, Mr. Jia Shaohua, Mr. Wang Xiaojun and Mr. Qi Anbang.

About the Company

For more information, please contact:

Yanzhou Coal Mining Company Limited

Zhang Baocai, Director

Tel: [phone]

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

 

 

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