The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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) Document in pdf format: click here
(Stock Code: 1171) (NYSE:YZC)
PRICE SENSITIVE INFORMATION
AND
OVERSEAS REGULATORY ANNOUNCEMENT
The updated repayment status of the RMB640 million entrusted loan provided by Yanzhou Coal Mining Company Limited (
“Yanzhou Coal”) is as follows:
On 26 May 2008, pursuant to the mediation arrangement of the Supreme Court of the People’s Republic of China as implemented by the Higher People’s Court of Shandong Province, Yanzhou Coal has released the 200 million shares in Huaxia Bank Company Limited that were transferred to Run Hua Group Limited (
“Run Hua Group”) to enable Run Hua Group to finance the settlement of the principal and interest of the entrusted loan owed by Lianda Group Limited to Yanzhou Coal.
Yanzhou Coal announces that it recovered the principal and interest of the entrusted loan in the amount of RMB780 million on 30 May 2008.
This announcement is made pursuant to the disclosure obligations under Rule 13.09(1) and 13.09(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
As at the date of this announcement, the Directors include: Mr. Wang Xin, Mr. Geng Jiahuai, Mr. Yang Deyu, Mr. Shi Xuerang, Mr. Chen Changchun, Mr. Wu Yuxiang, Mr. Wang Xinkun, Mr. Zhang Baocai and Mr. Dong Yunqing. The independent non-executive Directors include: Mr. Pu Hongjiu, Mr. Cui Jianmin, Mr. Wang Xiaojun and Mr. Wang Quanxi.
The purpose of this announcement is to disclose an updated repayment status of the RMB640 million entrusted loan provided by Yanzhou Coal.
This announcement is made pursuant to the disclosure obligations under Rule 13.09(1) and Rule 13.09(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
642030-v1\HKGDMS\HKGMAB 1
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By order of the Board
Yanzhou Coal Mining Company Limited
Wang Xin
Chairman |
Zoucheng, Shandong Province, PRC,
30 May 2008