Financial Performance - The company's operating revenue for the first half of 2014 reached CNY 32,428,612, an increase of 23.83% compared to CNY 26,188,026 in the same period of 2013[24]. - The net profit attributable to shareholders of the parent company was CNY 835,552, a significant recovery from a loss of CNY 2,396,915 in the first half of 2013[24]. - The total coal production for the first half of 2014 was 36,701 thousand tons, up 4.54% from 35,106 thousand tons in the same period of 2013[34]. - The sales volume of coal increased by 33.0% year-on-year, reaching 59,417 thousand tons, compared to 44,679 thousand tons in the first half of 2013[34]. - The company's cash flow from operating activities showed a negative net amount of CNY -245,116, a decline of 130.26% from CNY 810,012 in the first half of 2013[24]. - The total operating revenue for the first half of the year was 3.428 billion yuan, a year-on-year increase of 624.06 million yuan or 23.8%[57]. - The operating cost for the first half of the year was 2.68531 billion yuan, a year-on-year increase of 627.67 million yuan or 30.5%[58]. - The company reported a significant increase in sales from purchased coal, with a sales volume of 26,885 thousand tons and revenue of 15,646,753 thousand yuan, compared to 14,713 thousand tons and 8,988,147 thousand yuan in the previous year[40]. Market and Sales - The average selling price of coal decreased due to weak domestic and international demand, despite an increase in sales volume[37]. - The sales volume in the Chinese market reached 51,032 thousand tons, contributing 26,183,450 thousand yuan in revenue, which is a substantial increase from 35,836 thousand tons and 19,987,010 thousand yuan in the first half of 2013[41]. - The sales volume of coal to the electricity sector was 11,238 thousand tons, generating revenue of 4,630,434 thousand yuan, compared to 6,868 thousand tons and 2,894,363 thousand yuan in the same period of 2013, indicating a significant increase in both volume and revenue[44]. - The overall coal sales revenue from the trade sector was 19,590,515 thousand yuan, significantly up from 10,135,632 thousand yuan in the same period of 2013[44]. - The company plans to continue expanding its market presence in China, Japan, South Korea, and Australia, which are key markets for its coal products[41]. Financial Position - The total assets as of June 30, 2014, were CNY 136,717,644, reflecting an increase of 8.77% from CNY 125,699,474 at the end of 2013[25]. - The company's total liabilities amounted to 656.807 billion yuan, resulting in a debt-to-equity ratio of 159.5% as of June 30, 2014[72]. - The company's other comprehensive income improved to -2.1267 billion yuan from -3.8218 billion yuan at the beginning of the year, mainly due to gains from hedging against USD debts[71]. - The company's accounts payable decreased by 760.4 million yuan or 31.1% to 1.6882 billion yuan, mainly due to reductions in payables to subsidiaries[69]. - The company's interest payable increased by 347.6 million yuan or 59.2% to 934.66 million yuan, primarily due to increased interest on bonds and short-term financing[70]. Investments and Capital Expenditures - The company made a total of 600 million RMB in external equity investments during the reporting period, with a total project investment amount of 925 million RMB[76]. - The company issued 5 billion RMB in corporate bonds, 5 billion RMB in short-term financing bonds, and 300 million USD in perpetual bonds during the reporting period[88]. - Capital expenditures for fixed assets and construction projects amounted to 2.2563 billion yuan, a decrease of 426.5 million yuan or 15.9% compared to the same period last year[64]. - The total initial investment in publicly listed companies amounted to 62.18 million RMB, with a total book value of 165.03 million RMB at the end of the reporting period[77]. Corporate Governance and Compliance - The company has revised its governance structure to enhance compliance with regulatory requirements and improve operational transparency[124]. - The company has adhered to the standards set forth in the Hong Kong Stock Exchange's Listing Rules regarding securities transactions by directors and supervisors[127]. - The company has not made any changes to accounting estimates or corrections of significant accounting errors during the reporting period[103]. - The company has not implemented any stock incentive plans during the reporting period[133]. Risks and Challenges - The company faces significant risks from product price fluctuations due to a structurally oversupplied coal market, with measures including market analysis and integrated marketing strategies to mitigate impacts[111]. - Safety production risks are heightened due to the complexity of operations in high-risk industries; the company will strengthen safety management and risk pre-control measures[113]. - The company's debt-to-asset ratio has increased, leading to higher financing costs; strategies to mitigate this include optimizing debt structure and improving cash flow management[114]. - Coal trading volumes have increased significantly, but profitability remains low due to market demand changes and price volatility; the company plans to enhance market information analysis and risk assessment mechanisms[112]. Shareholder Information - The total number of shares was 4,918,400,000, with 99.9996% being tradable shares[172]. - The top ten shareholders hold a combined 92.66% of the company's shares, with Yanzhou Coal Mining Company Limited holding 52.86% and Hong Kong Central Clearing Limited holding 39.62%[176]. - The company’s major shareholders include Templeton Management Ltd. and BNP Paribas Investment Partners, holding 174,102,000 shares (8.89%) and 117,641,207 shares (6.00%) respectively[180]. - The company has not granted any stock options or restricted shares to directors, supervisors, or senior management during the reporting period[185]. Employee and Management Information - The total number of employees as of June 30, 2014, was 69,534, including 5,106 management personnel and 4,722 engineering technicians[194]. - The total salary and allowances for employees for the six months ended June 30, 2014, amounted to RMB 3.4146 billion[195]. - The company appointed Yin Mingde as the new General Manager and Ding Guangmu as the new Deputy General Manager on May 14, 2014[192]. - The company elected Li Xiyong as Chairman and Zhang Xinwen as Vice Chairman on May 14, 2014[189].

Financial Performance - Operating revenue for the first quarter reached CNY 15,102,662,000, a 40.21% increase year-on-year[9] - Net profit attributable to shareholders of the parent company decreased by 44.90% to CNY 264,830,000[9] - Basic earnings per share fell by 44.93% to CNY 0.0538[9] - The weighted average return on equity decreased by 0.40 percentage points to 0.67%[9] - Total operating costs were RMB 15,144,783, up 49.9% from RMB 10,097,734 year-over-year[51] - Net profit attributable to shareholders of the parent company decreased to RMB 264,830, down 44.9% from RMB 480,623 in the previous year[51] - Yanzhou Coal Mining Co., Ltd. achieved operating revenue of RMB 10,089,089, a 39.5% increase from RMB 7,216,504 year-over-year[54] - The company reported a net profit of RMB 529,492, down 39.5% from RMB 875,624 in the previous year[54] Cash Flow and Liquidity - Net cash flow from operating activities improved to -CNY 747,074,000, compared to -CNY 1,993,219,000 in the same period last year[9] - Cash and cash equivalents as of March 31, 2014, amounted to CNY 24.028 billion, an increase of CNY 8.5181 billion or 54.9% from the beginning of the year, primarily due to the issuance of CNY 5 billion corporate bonds and CNY 5 billion short-term financing bonds[28] - The company reported a net cash outflow from operating activities of CNY 747.074 million in Q1 2014, a decrease of 62.52% compared to CNY 1.9932 billion in Q1 2013[31] - Cash inflow from financing activities was RMB 11,953,819, significantly higher than RMB 4,493,821 in the last year, marking a 166.5% increase[57] - The company experienced a net increase in cash and cash equivalents of RMB 6,714,900, compared to a decrease of RMB 1,783,595 in the previous year[57] Assets and Liabilities - Total assets increased by 9.38% to CNY 137,494,181,000 compared to the end of the previous year[8] - Current assets rose to RMB 41,510,807 thousand, up from RMB 31,335,515 thousand, marking an increase of about 32.4%[44] - Total liabilities grew to RMB 93,290,836 thousand, compared to RMB 83,142,427 thousand, indicating an increase of around 12.9%[46] - Shareholders' equity reached RMB 44,203,345 thousand, up from RMB 42,557,047 thousand, which is an increase of about 3.9%[46] - Short-term borrowings rose to CNY 5.0395 billion, an increase of CNY 1.5269 billion or 43.5% from the beginning of the year, reflecting a rise in short-term debt[28] Production and Sales - In Q1 2014, the company's raw coal production reached 17,599 thousand tons, an increase of 5.13% compared to Q1 2013[16] - The company sold 26,694 thousand tons of commodity coal in Q1 2014, representing a significant increase of 55.01% year-over-year[16] - The average selling price of commodity coal in Q1 2014 was 522.45 yuan per ton, down from 582.88 yuan per ton in Q1 2013[20] - The company's electricity generation in Q1 2014 was 30,041 million kWh, a decrease of 9.01% from 33,015 million kWh in Q1 2013[16] - The sales volume of electricity in Q1 2014 was 16,347 million kWh, down 27.34% from 22,498 million kWh in the same period last year[16] Investments and Future Plans - The company plans to continue optimizing production systems to reduce costs and improve efficiency in future operations[22] - The company plans to purchase bank wealth management products totaling 4.9 billion RMB from five banks[36] - The company is involved in ongoing arbitration with Shanxi Jinhui Coal Chemical Co., Ltd. regarding a contract dispute, claiming compensation of 798.8 million RMB[33] Shareholder Information - The total number of shareholders reached 100,739[11] - Yanzhou Coal Mining Group Co., Ltd. holds 52.86% of the shares, totaling 2,600,000,000 shares[12] - The company’s H shares are significantly held by foreign entities, with Hong Kong Central Clearing Limited holding 39.63%[12]

Financial Performance - In 2013, the company sold 104 million tons of commodity coal and 600,000 tons of methanol, achieving a net profit attributable to shareholders of 1.2712 billion RMB[15]. - The total operating revenue for 2013 was 58,726,589 thousand yuan, a decrease of 1.59% from 2012[30]. - The net profit attributable to shareholders of the parent company in 2013 was 1,271,211 thousand yuan, down 76.29% from the previous year[30]. - The company achieved a total coal sales volume of 103,995 thousand tons in 2013, which is an increase of 10,169 thousand tons or 10.84% year-on-year[28]. - The methanol production reached 609 thousand tons, reflecting a growth of 37 thousand tons or 6.47% compared to 2012[28]. - The company reported a significant foreign exchange loss of CNY 1.686 billion, impacting net profit by CNY 1.387 billion[32]. - The company reported a year-end undistributed profit of RMB 27.92398 million, with a proposed cash dividend of RMB 0.02 per share for the 2013 fiscal year[146]. - The company reported a total of RMB 10.758 billion in non-public financing projects, with RMB 9.078 billion already invested[122]. Dividends and Share Capital - The company plans to distribute a cash dividend of 98.368 million RMB, equating to 0.02 RMB per share[3]. - The total share capital of the company is 4.9184 billion shares as of the end of the reporting period[15]. - The company proposed a cash dividend of CNY 98.368 million, translating to CNY 0.02 per share[39]. Production and Sales - In 2013, the company produced 73,800 thousand tons of raw coal, an increase of 5,136 thousand tons or 7.48% compared to 2012[28]. - The company primarily produces semi-hard coking coal, semi-soft coking coal, injection coal, and thermal coal, with customers in East, South, and North China, as well as Japan, South Korea, and Australia[17]. - The company achieved a coal sales volume increase of 290,055 thousand yuan due to higher sales volume, while the overall sales revenue was negatively impacted by price changes[56]. - The average selling price of coal decreased from 604.30 yuan/ton in 2012 to 523.53 yuan/ton in 2013, reflecting a decline of about 13.4%[58]. - The company plans to sell 105 million tons of coal in 2014, with specific targets for various subsidiaries and trade coal volume[42]. Costs and Expenses - The company's coal business sales cost for 2013 was 81.220 billion yuan, a reduction of 28.228 billion yuan or 25.8% year-on-year, with the cost per ton decreasing by 26.8% to 236.17 yuan[61]. - The company's operating costs increased by 0.28% to 45.611 billion yuan in 2013, compared to 45.486 billion yuan in 2012[80]. - The company reported a significant increase in financial expenses by 597.15% to 3.204 billion yuan in 2013, compared to 459.65 million yuan in 2012[75]. - The total sales cost of the company decreased by 282.28 million yuan or 25.79% compared to the previous year, with a coal sales cost of 236.17 yuan per ton, down 86.28 yuan or 26.76%[62]. Assets and Liabilities - Total assets increased to CNY 125.699 billion, a 4.10% increase from the previous year[31]. - Total liabilities rose to CNY 83.142 billion, reflecting a 13.69% increase year-over-year[31]. - The debt-to-asset ratio increased to 66.14%, up 5.58 percentage points from the previous year[34]. - The company's cash flow from operating activities decreased by 63.57% to 2.957 billion yuan in 2013, compared to 8.117 billion yuan in 2012[75]. Market Presence and Strategy - The company operates in multiple regions including Shandong, Shaanxi, Shanxi, Inner Mongolia, and Australia, focusing on coal, coal chemical, electricity, and potash mining[15]. - The company is the only coal enterprise in China with listed platforms in four locations domestically and internationally[15]. - The company is actively involved in acquisitions, including the purchase of Inner Mongolia Xintai Coal Mining Co., Ltd. and Australian Westfarmers Coal Mining Co., Ltd.[19]. - The company aims to strengthen marketing strategies by integrating resources and expanding sales channels, including international and domestic marketing strategies[43]. Environmental and Safety Management - The company has achieved 2,742 consecutive days of safe production, with a fatality rate of zero per million tons of raw coal produced as of the end of 2013[133]. - Environmental investments included CNY 1.093 billion in pollution control facilities, achieving a 100% compliance rate for emissions of CO2, mine water, smoke, and SO2[152]. - The company has established a comprehensive environmental emergency response plan to minimize the risk of pollution incidents[152]. Related Party Transactions - The total amount of related party transactions with the controlling shareholder in 2013 was 11,118.182 thousand yuan, with a year-end balance of 556.159 thousand yuan[189]. - The independent non-executive directors confirmed that all related party transactions in 2013 were conducted under normal commercial terms and did not exceed the approved transaction limits[186]. - The group’s ongoing related party transactions included agreements for material supply, labor services, and financial services, with specific transaction limits set for 2013[185].