Core Viewpoint - Yancoal Energy has decided to terminate its acquisition of Highfield Resources due to unmet conditions in the implementation and subscription agreements by the deadline [1] Group 1: Acquisition Details - Yancoal Energy signed the implementation and subscription agreements with Highfield Resources on September 23, 2024, to enter the global potash industry [1] - The agreement involved Yancoal transferring 100% of its Canadian coal assets to Highfield Resources, which would issue shares at AUD 0.50 per share as consideration [1] - Highfield Resources aimed to raise USD 220 million through a directed share issuance, with Yancoal intending to invest up to USD 90 million [1] Group 2: Highfield Resources Overview - Highfield Resources was listed on the Australian Securities Exchange in February 2012, focusing on potash project development, with its core asset being the Muga project in northern Spain [2] - The Muga project has a proven and controlled ore reserve of 104 million tons, with a potassium chloride grade of 16.1%, and a total designed capacity of 1 million tons per year [2] Group 3: Background and Developments - The acquisition faced complications when Yancoal announced on May 12 that Highfield Resources had signed a non-binding cooperation letter with Salt Lake Potash, which planned to invest approximately USD 300 million [3] - Following Salt Lake Potash's withdrawal from the cooperation on August 2023, Yancoal's acquisition of Highfield Resources faced renewed uncertainty [4] - Yancoal stated that the termination of the transaction would not affect its existing operations or development plans, and it would continue to advance its Canadian potash projects [4] Group 4: Financial Performance - In the first half of the year, Yancoal Energy reported revenue of CNY 59.349 billion and a net profit of CNY 4.652 billion, achieving a historical high in coal production [5]

Core Viewpoint - Yanzhou Coal Mining Company Limited has terminated the "Implementation Agreement" and "Equity Subscription Agreement" with Highfield Resources Limited due to unmet conditions, a decision made after careful consideration, ensuring no adverse impact on its current operations or shareholder interests [1] Group 1 - Yanzhou Coal signed the "Implementation Agreement" and "Equity Subscription Agreement" with Highfield Resources on September 23, 2024, to acquire newly issued shares through asset injection and cash subscription [1] - The termination of the agreements was communicated in writing after the conditions were not fully met by the deadline, leading to an immediate cessation of the agreements [1] - The decision to terminate the agreements aligns with the terms set forth in the agreements and is stated to not affect the company's existing production and operational activities [1]

Core Viewpoint - Yanzhou Coal Mining Company (01171.HK) has terminated the Implementation Agreement and Share Subscription Agreement with Highland Resources due to unmet conditions, which will not adversely affect its operations or shareholder interests [1] Group 1 - The company announced the termination of the agreements after careful consideration, as the conditions stipulated in the agreements were not fully met by the deadline [1] - The termination is in accordance with the agreements and will not impact the company's existing production and operational activities [1] - The company reassures that the decision does not harm the interests of the company and all shareholders, particularly minority shareholders [1] Group 2 - Moving forward, the company will focus on advancing the Canadian potash mining project based on market principles, with further updates to be provided in future announcements [1]

股票代码：600188 股票简称：兖矿能源 编号：临 2025-060 兖矿能源集团股份有限公司 关于终止并购 Highfield Resources Limited 的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性 承担法律责任。 一、原交易安排概述 兖矿能源集团股份有限公司（"兖矿能源""公司"）于 2024 年 9 月 23 日与 Highfield Resources Limited（一家于澳大利亚证 券交易所上市的公司，股份代码：HFR，"高地资源"）签署了 "Implementation Agreement" （ 《 实 施 协 议 》 ） 及 "Equity Subscription Agreement"（《股份认购协议》）。兖矿能源将通 过资产注入和现金认购方式获得高地资源新增发股份（"本次交 易"）。 2025 年 9 月 15 日 2 有关详情请参见公司日期为 2024 年 9 月 23 日的关于并购 Highfield Resources Limited 的公告，该等资料刊载于上海证券交易 所网站、香港联合交易所 ...

Core Viewpoint - Yanzhou Coal Mining Company announced the termination of agreements to acquire new shares from Highland Resources due to unmet conditions, emphasizing that this decision will not adversely affect its current operations or development plans [2] Group 1: Agreement Termination - The company issued a written notice to Highland Resources to terminate the asset injection and cash subscription agreements [2] - The termination was based on the failure to meet all conditions outlined in the Implementation Agreement and Share Subscription Agreement by the deadline [2] Group 2: Impact on Operations - The company stated that the termination of the agreements will not impact its existing production and operational activities [2] - The company will continue to advance its potash mining project in Canada, with further updates to be announced [2]

Core Viewpoint - Yanzhou Coal Mining Company (兖矿能源) has officially terminated the Implementation Agreement and Share Subscription Agreement with Highland Resources due to unmet conditions by the deadline, a decision made after careful consideration that will not adversely affect its current operations or development [1] Group 1: Agreement Termination - The company issued a written notice to Highland Resources to terminate both the Implementation Agreement and Share Subscription Agreement [1] - The termination was based on the failure to meet all the preconditions stipulated in the agreements by the final deadline [1] - The decision to terminate the agreements aligns with the terms set forth in the agreements and is deemed prudent by the company [1] Group 2: Impact on Operations - The termination of the agreements will not impact the company's existing production and operational activities [1] - There are no adverse effects anticipated on the company's development or on the interests of shareholders, particularly minority shareholders [1] Group 3: Future Plans - The company plans to proceed with the development of the Canadian potash mining project based on market principles, focusing on maintaining overall corporate interests [1]

Core Viewpoint - Yancoal Energy has terminated the Implementation Agreement and Share Subscription Agreement with Highland Resources due to unmet conditions by the deadline, a decision made after careful consideration that will not adversely affect the company's operations or shareholder interests [1] Group 1 - The company issued a written notice to Highland Resources, leading to the immediate termination of both agreements [1] - The termination aligns with the provisions of the agreements and is deemed a prudent decision by the company [1] - The company asserts that this decision will not impact its existing production and operational activities [1] Group 2 - The company emphasizes that the termination will not harm the interests of the company or its shareholders, particularly minority shareholders [1] - Moving forward, the company plans to advance the Canadian potash mining project based on market principles [1]

Core Viewpoint - Yancoal Energy has terminated the Implementation Agreement and Share Subscription Agreement with Highland Resources due to unmet conditions precedent, a decision made after careful consideration, which will not adversely affect the company's current operations or development [1] Group 1 - The termination of the agreements was communicated through a written notice, effective immediately upon issuance [1] - The decision aligns with the terms of the agreements and is aimed at protecting the overall interests of the company [1] - The company reassures that there is no harm to the interests of shareholders, particularly minority shareholders [1] Group 2 - Moving forward, Yancoal Energy plans to promote the subsequent work of the Canadian potash mining project based on market principles [1] - The company will provide updates on the progress of this project through future announcements [1]

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之內容概不負責，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份內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 兗礦能源集團股份有限公司 YANKUANG ENERGY GROUP COMPANY LIMITED* ( 在中華人民共和國註冊成立的股份有限公司 ) (股份代碼: 01171) 關於終止併購HIGHFIELD RESOURCES LIMITED的公告 茲提述本公司日期為2024年9月23日的公告（「該公告」），內容有關本公司與高地資源正式簽署 《實施協議》及《股份認購協議》。除另有界定者外，本公告所用詞彙與該公告所界定者具有相同 涵義。 近日，因《實施協議》和《股份認購協議》約定的先決條件未能在最後截止日當日或之前全部滿 足或被豁免，本公司向高地資源發出了終止《實施協議》和《股份認購協議》的書面通知。書面 通知發出後，《實施協議》和《股份認購協議》立即終止。 終止《實施協議》和《股份認購協議》系本公司審慎研究後作出的決定，符合《實施協議》和 《股份認購協議》的約定，不會影響本公司現有生產經營活動，也不會 ...

Core Viewpoint - Yanzhou Coal Mining Company Limited has experienced fluctuations in stock price and financial performance, with a notable decrease in revenue and net profit year-on-year, while maintaining a significant market presence in the coal industry [1][2]. Financial Performance - As of June 30, 2025, Yanzhou Coal reported operating revenue of 59.349 billion yuan, a year-on-year decrease of 17.93% [2]. - The net profit attributable to shareholders was 4.652 billion yuan, reflecting a year-on-year decline of 38.53% [2]. - Year-to-date stock price has decreased by 1.54%, but has shown a recovery in the last 5 days (+1.67%), 20 days (+3.79%), and 60 days (+9.46%) [1]. Shareholder Information - The number of shareholders increased to 147,800, up by 1.14% compared to the previous period [2]. - The company has distributed a total of 86.846 billion yuan in dividends since its A-share listing, with 42.377 billion yuan distributed in the last three years [3]. Stock Market Activity - On September 15, 2023, Yanzhou Coal's stock price rose by 2.13% to 13.42 yuan per share, with a trading volume of 397 million yuan and a turnover rate of 0.51% [1]. - The company’s total market capitalization reached 134.703 billion yuan [1]. Major Shareholders - As of June 30, 2025, major shareholders include Hong Kong Central Clearing Limited, holding 110 million shares, and various ETFs such as Huatai-PB CSI 300 ETF and Guotai CSI Coal ETF, which have increased their holdings [3].