Core Viewpoint - Yancoal Australia (03668) has completed the acquisition of an additional 3.75% interest in the Moolarben Joint Venture (MJV) from three joint venture partners, increasing its economic interest in MJV to 98.75% [1] Financial Details - The cash consideration for the acquisition is AUD 110.5 million, with AUD 25 million paid in cash at completion and the remaining AUD 85.5 million to be paid in quarterly installments linked to coal prices over a five-year period [1] - The acquisition will be funded through the company's existing cash and future operating cash flows [1] Operational Impact - The effective economic interest date is set for January 1, 2025, and the immediate benefits of the transaction will include increased equity production and revenue from this low-cost tier one asset [1] - Yancoal Australia plans to consolidate the financial performance of this additional interest into its accounts [1]

Core Viewpoint - Yancoal Australia (03668.HK) has completed the acquisition of an additional 3.75% interest in the Moolarben Joint Venture (MJV) from three joint venture partners, increasing its economic interest in MJV to 98.75% [1] Financial Details - The cash consideration for the acquisition is AUD 110.5 million, with AUD 25 million paid at completion and the remaining AUD 85.5 million to be paid in quarterly installments linked to coal prices over a five-year period [1] - The acquisition will be funded through the company's cash reserves and future operating cash flows [1] Operational Impact - The effective economic interest date is set for January 1, 2025, and the transaction is expected to immediately enhance the company's equity production and revenue from this low-cost tier-one asset [1] - Yancoal Australia plans to consolidate the financial performance of MJV into its accounts following the acquisition [1]

澳洲證券交易所、香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 兗煤澳大利亞有限公司* （於澳大利亞維多利亞州註冊成立的有限公司） （香港股份代號：3668） （澳洲股份代號：YAL） 自願公告 完成收購莫拉本的 3.75%權益 Yancoal Australia Ltd ACN 111 859 119 兗煤澳洲謹此感謝合營企業參股人在莫拉本煤炭綜合項目的發展與營運歷程中所給予的支持。 承董事會命 兗煤澳大利亞有限公司 董事長 茹剛 香港，2025 年 10 月 3 日 1 減去於 2025 年 1 月 1 日實際經濟權益日期後產生的盈利的購買價調整額。 交易事項概覽 謹提述兗煤澳大利亞有限公司（「兗煤澳洲」）於 2025 年 7 月 18 日刊發的公告，內容有關擬 從三名合營企業參股人收購莫拉本合營企業（Moolarben Joint Venture (MJV)）額外 3.75%權益 （「交易事項」）。 兗煤澳洲欣然宣佈，交易事項已於今日完成。兗煤澳 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年9月30日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | Yancoal Australia Ltd | | | | 呈交日期: | 2025年10月2日 | | | | I. 法定/註冊股本變動 | 不適用 | | | | 備註： | | | | | Yancoal Australia Ltd 為一間於澳洲註冊成立的公司，因此沒有法定股本及面值的概念。 | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03668 | 說明 | | | | | | | | | | 已發行股份（不 ...

1. 業績公佈 | | 2025年 | 2024年 | | | --- | --- | --- | --- | | | 6月30日 | 6月30日 | | | | 百萬澳元 | 百萬澳元 | 變動百分比 | | 一般經營業務收入 | 2,675 | 3,138 | (15%) | | 所得稅前利潤（扣除非經常性項目前） | 239 | 571 | (58%) | | 所得稅前利潤（扣除非經常性項目後） | 239 | 571 | (58%) | | 股東應佔所得稅後淨利潤（扣除非經常性項目前） | 163 | 420 | (61%) | | 股東應佔所得稅後淨利潤（扣除非經常性項目後） | 163 | 420 | (61%) | 2. 每股收益 | | 2025年 | 2024年 | | | --- | --- | --- | --- | | | 6月30日 | 6月30日 | | | | 澳分 | 澳分 | 變動百分比 | | 每股收益（扣除非經常性項目前） | | | | | - 基本 | 12.4 | 31.9 | (61%) | | - 稀釋 | 12.4 | 31.8 | (61%) | | 每股收 ...

Investment Rating - The investment rating for the coal mining industry is "Positive" [2] Core Viewpoints - The report indicates that the coal economy is at the beginning of a new upward cycle, with a resonance between fundamentals and policies, making it an opportune time to invest in the coal sector [3][13] - The report highlights that coal prices have shown signs of stabilization, and there is an expectation for price increases due to seasonal demand and supply constraints [5][13] - The report emphasizes the continued investment logic of coal capacity shortages, with a short-term balance and a long-term gap in supply [13][14] Summary by Sections Coal Price Tracking - As of September 19, the market price for Qinhuangdao port thermal coal (Q5500) is 699 CNY/ton, an increase of 21 CNY/ton week-on-week [4][31] - The price for coking coal at Jingtang port is 1610 CNY/ton, up 60 CNY/ton week-on-week [4][33] - International thermal coal prices have also seen fluctuations, with Newcastle thermal coal at 69.6 USD/ton, a week-on-week increase of 0.4 USD/ton [4][31] Supply and Demand Tracking - The capacity utilization rate for sample thermal coal mines is 91.7%, an increase of 2.4 percentage points week-on-week [4][48] - Daily coal consumption in inland provinces has increased by 4.10 thousand tons/day (+1.22%) [5][13] - The report notes that the supply side is still constrained by policies, and the demand is expected to rise as winter heating needs begin [5][13] Industry Performance - The coal sector has shown a weekly increase of 3.59%, outperforming the broader market [16] - The report identifies key companies to focus on, including China Shenhua, Shaanxi Coal, and others, highlighting their stable operations and strong performance [14][16]

Key Points - The top three companies with net inflows of southbound funds are Alibaba-W (09988) with 4.234 billion, Ping An of China (02318) with 844 million, and Southern Hang Seng Technology (03033) with 480 million [1] - The top three companies with net outflows of southbound funds are Xiaomi Group-W (01810) with -1.733 billion, Meituan-W (03690) with -852 million, and Kangfang Biologics (09926) with -462 million [1] - In terms of net inflow ratio, Tehai International (09658) leads with 62.75%, followed by Yancoal Australia (03668) with 51.59%, and Yimeng Biologics-B (09606) with 51.01% [1] - The companies with the highest net outflow ratios are GX China (03040) at -100.00%, Kangji Medical (09997) at -60.98%, and China International Marine Containers (02039) at -48.45% [1] Top 10 Net Inflows - Alibaba-W (09988) had a net inflow of 4.234 billion, representing a 16.56% increase in closing price to 141.900 [2] - Ping An of China (02318) saw a net inflow of 844 million, with a 24.06% increase in closing price to 57.200 [2] - Southern Hang Seng Technology (03033) recorded a net inflow of 480 million, with a 6.20% increase in closing price to 5.715 [2] Top 10 Net Outflows - Xiaomi Group-W (01810) experienced a net outflow of -1.733 billion, with a -17.96% decrease in closing price to 56.200 [2] - Meituan-W (03690) had a net outflow of -852 million, with a -5.77% decrease in closing price to 99.650 [2] - Kangfang Biologics (09926) faced a net outflow of -462 million, with a -15.64% decrease in closing price to 140.100 [2] Net Inflow Ratios - Tehai International (09658) had a net inflow ratio of 62.75% with a net inflow of 7.0962 million, closing at 14.980 [3] - Yancoal Australia (03668) recorded a net inflow ratio of 51.59% with a net inflow of 28.6046 million, closing at 27.620 [3] - Yimeng Biologics-B (09606) had a net inflow ratio of 51.01% with a net inflow of 194 million, closing at 406.400 [3] Net Outflow Ratios - GX China (03040) had a net outflow ratio of -100.00% with a net outflow of -11.4 thousand, closing at 38.140 [3] - Kangji Medical (09997) recorded a net outflow ratio of -60.98% with a net outflow of -20.9363 million, closing at 8.850 [3] - China International Marine Containers (02039) had a net outflow ratio of -48.45% with a net outflow of -16.1516 million, closing at 8.020 [3]

Core Viewpoint - The Hong Kong High Dividend ETF (159302) has shown a slight increase in its closing price and has experienced a decrease in both share count and total assets since the beginning of the year [1][2]. Fund Overview - The Hong Kong High Dividend ETF (159302) was established on August 23, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of September 10, 2024, the fund's latest share count is 87.8 million, and the total asset size is 117 million yuan [1]. - The fund's performance benchmark is the China Securities Hong Kong Stock Connect High Dividend Investment Index return (adjusted for valuation exchange rate) [1]. Performance Metrics - Year-to-date, the fund has seen a 19.30% decrease in share count and a 3.14% decrease in total assets compared to December 31, 2024 [1]. - Over the last 20 trading days, the cumulative trading amount is 217 million yuan, with an average daily trading amount of 10.84 million yuan [1]. - Since the beginning of the year, the cumulative trading amount over 170 trading days is 2.135 billion yuan, with an average daily trading amount of 12.56 million yuan [1]. Fund Management - The current fund managers are Li Yixuan and Zhang Yichi, both managing the fund since its inception, with a return of 33.32% during their tenure [2]. Top Holdings - The top holdings of the fund include: - COSCO Shipping Holdings: 8.68% of the portfolio - Yancoal Australia: 6.17% - Seaspan Corporation: 4.28% - Orient Overseas International: 4.23% - Minsheng Bank: 4.22% - CITIC Bank: 4.07% - China Petroleum: 3.41% - Guotai Junan: 3.41% - Agricultural Bank of China: 3.30% - CNOOC: 3.19% [2][3].

Core Viewpoint - Yancoal Australia (03668) announced the cancellation of 45,800 performance shares due to employee departures from the company [1] Group 1 - The company issued a notice regarding the cancellation of performance shares [1] - The number of performance shares canceled is 45,800 [1] - The cancellation is a result of employees leaving the company [1]

Group 1 - Yancoal Australia (03668) announced the cancellation of 45,800 performance shares due to employee departures from the company [1]