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Yanzhou Coal Mining Company Limited has introduced developing concept of modern company and realized transformation from an enterprise of production operation into one putting equal efforts in production operation and capital operation. Capital operation has promoted the Company¨s standard performance, expedited developing pace, forged enterprise name brand, enhanced the Company¨s developing strength, management capability and resource integration ability. As a result, the Company has gained praises by capital market at home and abroad, and its shares have become blue chip stocks accepted primarily by market for its strong core competitiveness, steady improvement of company achievements, and sustainable development.
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! In January 2001, placing 100,000,000 new A shares;
! In May 2001, placing 170,000,000 new H shares;
! In July 2004, placing 204,000,000 new H shares again. |
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| ! In 2001, the Company purchased Jining III coal mine.The coal |
| mine was put into commercial operation in December 28, 2000. |
| ! In 2002, the Company purchased the railway asset specialized |
| for coal transportation (the ^railway asset ̄) from the |
| Parent Company. |
! In 2004, the Company acquired Southland coal mine in
Australia (renamed as ^Austar Coal Mine ̄), which is |
| the first successful acquisition of overseas coal mine.
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by Chinese coal enterprise. |
| Austar Coal Mine was put into operation in October 2006 |
| ! In 2005, the Company purchased 95.67% equity interest of Heze Energy & Chemicals Company Limited, In 2007,the Company |
| contribute RMB876 million, the equity interest held by the company in Heze Nenghua increased from 95.67% to 96.67%. which is responsible for exploitation of coal resource in |
| Juye coalfield of Shandong province. Heze Nenghua will enter |
| into the trial production in the fourth quqrtor of 2008. |
| ! In 2006, the Company purchased 98% equity right of Shanxi |
| Energy & Chemicals Company Limited from its parent company. |
| Shanxi Energy & Chemicals Company Limited has two subsidiary |
| companies of Shanxi Tianchi and Shanxi Tianhao, which involve in coal production and methanol production, respectively. Tianchi Coal Mining has been put into |
| operations in November,2006. |
| ! In 2007,Huadian Zouxian Power Generation Company limited was |
| jointly established by the Company, the Company has |
| contributed cash at the amount of RMB900 million, |
| representing approximately 30% of the registered capital. |
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