Yanzhou Coal Mining : ANNOUNCEMENT ON RESULTS OF THE ISSUANCE OF THE 2020 THIRD TRANCHE OF SUPER-SHORT-TERM BONDS

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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 (the "PRC")

with limited liability)

(Stock Code: 1171)

ANNOUNCEMENT ON RESULTS OF THE ISSUANCE OF THE 2020

THIRD TRANCHE OF SUPER-SHORT-TERM BONDS

This announcement is made pursuant to Part XIVA of the Securities and Futures Ordinance and Rules 13.09(2)(a) and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

On 19 April 2019, Yanzhou Coal Mining Company Limited (the "Company")was approved to register issuance of financing instruments for a term of two years. For more details, please refer to the announcement of the Company dated 6 May 2019 regarding the approval of registration of the issuance of financing instruments.

On 12 August 2020, the Company successfully issued the 2020 third tranche of super- short-term bonds (the "Issuance"). The proceeds from the Issuance is RMB 2.2 billion, which has been received by the Company by 13 August 2020.

The details of the Issuance are as follows:

Key terms of the Issuance

	2020 third tranche of
	super-short-term bonds
Name	of Yanzhou Coal	Abbreviation	20 Yanzhoumeiye SCP003
	Mining Company
	Limited
Code	012002809	Term	90 days

Value date	13 August 2020	Redemption	11 November 2020
date
Proposed		Actual
issuance	RMB 2.2 billion	issuance	RMB 2.2 billion
amount		amount
Interest rate	1.80%	Issue price	RMB 100 per unit (each
with RMB 100 face value)
Bookrunner	Shanghai Pudong Development Bank Co., Ltd.
Lead	Shanghai Pudong Development Bank Co., Ltd.
underwriter
Joint lead		N/A
underwriter

Please refer to the website of Chinamoney (www.chinamoney.com.cn) and the website of Shanghai Clearing House (www.shclearing.com) for the relevant documents for the Issuance.

By order of the Board

Yanzhou Coal Mining Company Limited

Li Xiyong

Chairman of the Board

Zoucheng, Shandong Province, the PRC

13 August 2020

As at the date of this announcement, the directors of the Company are Mr. Li Xiyong, Mr. Li Wei, Mr. Wu Xiangqian, Mr. Liu Jian, Mr. Zhao Qingchun, Mr. He Jing and Mr. Wang Ruolin, and the independent non-executive directors of the Company are Mr. Tian Hui, Mr. Zhu Limin, Mr. Cai Chang and Mr. Poon Chiu Kwok