The Efficiency Evaluation of Energy Enterprise Group Finance
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Annual Report Annual Report 2020
2020 Annual Report Annual Report 2020 For further details about information disclosure, please visit the website of Yanzhou Coal Mining Company Limited at Important Notice The Board, Supervisory Committee and the Directors, Supervisors and senior management of the Company warrant the authenticity, accuracy and completeness of the information contained in the annual report and there are no misrepresentations, misleading statements contained in or material omissions from the annual report for which they shall assume joint and several responsibilities. The 2020 Annual Report of Yanzhou Coal Mining Company Limited has been approved by the eleventh meeting of the eighth session of the Board. All ten Directors of quorum attended the meeting. SHINEWING (HK) CPA Limited issued the standard independent auditor report with clean opinion for the Company. Mr. Li Xiyong, Chairman of the Board, Mr. Zhao Qingchun, Chief Financial Officer, and Mr. Xu Jian, head of Finance Management Department, hereby warrant the authenticity, accuracy and completeness of the financial statements contained in this annual report. The Board of the Company proposed to distribute a cash dividend of RMB10.00 per ten shares (tax inclusive) for the year of 2020 based on the number of shares on the record date of the dividend and equity distribution. The forward-looking statements contained in this annual report regarding the Company’s future plans do not constitute any substantive commitment to investors and investors are reminded of the investment risks. There was no appropriation of funds of the Company by the Controlling Shareholder or its related parties for non-operational activities. There were no guarantees granted to external parties by the Company without complying with the prescribed decision-making procedures. -
Coal Mine Methane Country Profiles, June 2015
Disclaimer The U.S. Environmental Protection Agency does not: a) Make any warranty or representation, expressed or implied, with respect to the accuracy, completeness, or usefulness of the information contained in this report, or that the use of any apparatus, method, or process disclosed in this report may not infringe upon privately owned rights; or b) Assume any liability with respect to the use of, or damages resulting from the use of, any information, apparatus, method, or process disclosed in this report. CMM Country Profiles CONTENTS Units of Conversions .............................................................................................................................................. i Executive Summary .............................................................................................................................................. ii Global Overview at a Glance ................................................................................................................................. ii Introduction ............................................................................................................................................................ 1 Purpose of the Report ............................................................................................................................................. 2 Organization of the Report ................................................................................................................................... 2 1 Argentina ...................................................................................................................................................... -
Coal Mine Methane Country Profiles, Chapter 7, June 2015
7 China 7.1 Summary of Coal Industry 7.1.1 ROLE OF COAL IN CHINA Coal accounts for 69 percent of total national energy consumption in China (EIA, 2014a). Ranking first in the world in production of coal, China exported 16.5 million tonnes (Mmt) of coal in 2011; a sharp decline from a peak of 108.8 Mmt in 2003 (EIA, 2014b). Historically, a net coal exporter, China became a net coal importer in 2009 for the first time in more than two decades (EIA, 2014a). Table 7-1 provides recoverable reserve and recent coal production data for China. Table 7-1. China’s Coal Reserves and Production Sub- Anthracite & Total bituminous & Global Rank Indicator Bituminous (million Lignite (# and %) (million tonnes) tonnes) (million tonnes) Estimated Proved Coal Reserves 62,200 52,300 114,500 3 (12.9%) (2011) Annual Coal Production (2012) 3,510.2 141.5 3,651.8 1 (46.3%) Note: Numbers may not add due to rounding Source: EIA (2014b) As shown in Figure 7-1, the following major coal basins are located in four regions of China (USEPA, 1996): . Sanjuang-Mulinghe, Songliao, Donhua-Fushun, and Hongyang-Hunjiang basins in the Northeast; . Taixing-Shandou, Qinshui, Daning, Ordos, Hedong, Yuxi, Xuhuai, and Huainan basins in the North; . Chuannon-Qianbei, Huayingshan-Yongrong, and Liapanshui basins in the South; and . Tarim, Qaidam, and Junggar basins in the Northwest. CMM Country Profiles 63 CHINA Figure 7-1. China’s Coal Fields Source: Liu (2006) 7.1.2 STAKEHOLDERS Table 7-2 identifies some of the key stakeholders for coal mine methane (CMM) project development in China. -
The Mineral Industry of China in 2016
2016 Minerals Yearbook CHINA [ADVANCE RELEASE] U.S. Department of the Interior December 2018 U.S. Geological Survey The Mineral Industry of China By Sean Xun In China, unprecedented economic growth since the late of the country’s total nonagricultural employment. In 2016, 20th century had resulted in large increases in the country’s the total investment in fixed assets (excluding that by rural production of and demand for mineral commodities. These households; see reference at the end of the paragraph for a changes were dominating factors in the development of the detailed definition) was $8.78 trillion, of which $2.72 trillion global mineral industry during the past two decades. In more was invested in the manufacturing sector and $149 billion was recent years, owing to the country’s economic slowdown invested in the mining sector (National Bureau of Statistics of and to stricter environmental regulations in place by the China, 2017b, sec. 3–1, 3–3, 3–6, 4–5, 10–6). Government since late 2012, the mineral industry in China had In 2016, the foreign direct investment (FDI) actually used faced some challenges, such as underutilization of production in China was $126 billion, which was the same as in 2015. capacity, slow demand growth, and low profitability. To In 2016, about 0.08% of the FDI was directed to the mining address these challenges, the Government had implemented sector compared with 0.2% in 2015, and 27% was directed to policies of capacity control (to restrict the addition of new the manufacturing sector compared with 31% in 2015. -
Chinacoalchem
ChinaCoalChem Monthly Report Issue May. 2019 Copyright 2019 All Rights Reserved. ChinaCoalChem Issue May. 2019 Table of Contents Insight China ................................................................................................................... 4 To analyze the competitive advantages of various material routes for fuel ethanol from six dimensions .............................................................................................................. 4 Could fuel ethanol meet the demand of 10MT in 2020? 6MTA total capacity is closely promoted ....................................................................................................................... 6 Development of China's polybutene industry ............................................................... 7 Policies & Markets ......................................................................................................... 9 Comprehensive Analysis of the Latest Policy Trends in Fuel Ethanol and Ethanol Gasoline ........................................................................................................................ 9 Companies & Projects ................................................................................................... 9 Baofeng Energy Succeeded in SEC A-Stock Listing ................................................... 9 BG Ordos Started Field Construction of 4bnm3/a SNG Project ................................ 10 Datang Duolun Project Created New Monthly Methanol Output Record in Apr ........ 10 Danhua to Acquire & -
Collieries: Output Miners Scanned Their Faces Again to Pass Through a Security Gate
2 | Thursday, December 17, 2020 CHINA DAILY PAGE TWO Four years of progress made deep underground ZHAO RUIXUE Reporter’s log n a visit to a coal mine four years ago, I inter viewed a group of college graduates who decided to Obecome miners. They were working underground in grim conditions. In contrast, the mine I visited recently showcased the advantages brought by a range of smart tech nologies. In the middle of last month, I joined miners as they descended to a coalface at the Baodian Coal Mine in Shandong province, which is operated by the Shandong Energy Group. The miners’ faces were scanned as they opened lockers containing their work clothes, shoes, helmets, helmet lamps and selfrescue devices. They told me that a system pro viding realtime location monitor ing is built into their helmet lamps. Meng Zhan, who works at the Gaozhuang Mine in Jining, Shandong province, demonstrates how facilities at the coalface are used. ZHAO RUIXUE / CHINA DAILY Workers can be located from the control room by smart monitoring software, which provides vital data for search and rescue teams in the event of an emergency. After changing into work clothes and collecting their equipment, the Collieries: Output miners scanned their faces again to pass through a security gate. From that moment on, the names, location and number of miners at the coalface are displayed on a screen in the control room. If capacity increases the smart system finds that any of them have been drinking alcohol, they are denied entry. From page 1 The tragedy led to the wide leagues had to carry heavy picks After negotiating the security spread adoption of automated and dig coal from tunnel walls. -
China's Expanding Overseas Coal Power Industry
Department of War Studies strategy paper 11 paper strategy China’s Expanding Overseas Coal Power Industry: New Strategic Opportunities, Commercial Risks, Climate Challenges and Geopolitical Implications Dr Frank Umbach & Dr Ka-ho Yu 2 China’s Expanding Overseas Coal Power Industry EUCERS Advisory Board Marco Arcelli Executive Vice President, Upstream Gas, Frederick Kempe President and CEO, Atlantic Council, Enel, Rome Washington, D.C., USA Professor Dr Hüseyin Bagci Department Chair of International Ilya Kochevrin Executive Director of Gazprom Export Ltd. Relations, Middle East Technical University Inonu Bulvari, Thierry de Montbrial Founder and President of the Institute Ankara Français des Relations Internationales (IFRI), Paris Andrew Bartlett Managing Director, Bartlett Energy Advisers Chris Mottershead Vice Principal, King’s College London Volker Beckers Chairman, Spenceram Limited Dr Pierre Noël Sultan Hassanal Bolkiah Senior Fellow for Professor Dr Marc Oliver Bettzüge Chair of Energy Economics, Economic and Energy Security, IISS Asia Department of Economics and Director of the Institute of Dr Ligia Noronha Director Resources, Regulation and Global Energy Economics (EWI), University of Cologne Security, TERI, New Delhi Professor Dr Iulian Chifu Advisor to the Romanian President Janusz Reiter Center for International Relations, Warsaw for Strategic Affairs, Security and Foreign Policy and President of the Center for Conflict Prevention and Early Professor Dr Karl Rose Senior Fellow Scenarios, World Warning, Bucharest Energy Council, Vienna/Londo Dr John Chipman Director International Institute for Professor Dr Burkhard Schwenker Chairman of the Strategic Studies (IISS), London Supervisory Board, Roland Berger Strategy Consultants GmbH, Hamburg Professor Dr Dieter Helm University of Oxford Professor Dr Karl Kaiser Director of the Program on Transatlantic Relations of the Weatherhead Center for International Affairs, Harvard Kennedy School, Cambridge, USA Media Partners Impressum Design © 2016 EUCERS. -
Greater China Oil & Gas M&A and Greenfield FDI Investment Spotlight
Greater China Oil & Gas M&A and greenfield FDI investment spotlight 2013 edition M&A Services 1 Contents Introduction .............................................................................................................................................................. 3 Methodology ............................................................................................................................................................. 4 Global Oil & Gas M&A and greenfield investment activity .................................................................................. 5 Greenfield Oil & Gas investment increasingly giving way to M&A activity across the globe ................................... 6 Where is this investment going? .............................................................................................................................. 6 The Greater China angle .......................................................................................................................................... 8 Foreign investments into China's Oil & Gas sector ................................................................................................. 9 Domestic investment activity in China's Oil & Gas sector ..................................................................................... 11 Greater China's Oil & Gas investments overseas ................................................................................................. 13 Looking forward – Potential deal opportunities and investment themes ....................................................... -
Industry Overview
INDUSTRY OVERVIEW This and other sections of this Prospectus contain information relating to the PRC economy and the PRC coal industry and international coal markets. Such information was derived from various government publications, market data providers and other independent third-party sources. We have no reason to believe that such information is false or misleading or that any fact has been omitted that would render such information false or misleading. We have reproduced the data and statistics extracted from such publications in a reasonably cautious manner. Neither we, the Underwriters nor any of their respective associates or advisers or any party involved in the Global Offering has independently verified the information directly or indirectly derived from these sources, and such information may not be consistent with other information compiled within or outside China. No representation is given as to its accuracy. Accordingly, such information should not be unduly relied upon. Unless otherwise specified, references to coal production data in this section are to raw coal production. OVERVIEW OF GLOBAL COAL INDUSTRY Coal is one of the most important energy resources in the world. According to the BP Statistical Review 2012, worldwide primary energy consumption totalled 12.3 billion tonnes of oil equivalent in 2011, of which coal represented 30.3%, and oil and natural gas represented 33.1% and 23.7%, respectively. The following chart illustrates the global primary energy consumption in 2011: Nuclear Energy Renewable Energy 4.9% 1.6% Hydroelectricity 6.4% Oil 33.1% Natural Gas 23.7% Coal 30.3% Source: BP Statistical Review 2012 World coal reserves are abundant. -
兗州煤業股份有限公司 Yanzhou Coal
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim 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) (Stock Code: 1171) VOLUNTARY ANNOUNCEMENT UPDATE ON PROPOSED PLANNING OF SIGNIFICANT EVENT BY CONTROLLING SHAREHOLDER This announcement is made by the Yanzhou Coal Mining Company Limited (the “Company”) on a voluntary basis. Reference is made to the announcement issued by the Company on 12 July 2020 in relation to the strategic reorganisation (the “Merger”) being planned by Yankuang Group Company Limited ( 兗礦集團有限公司) ( “Yankuang Group”), the controlling shareholder of the Company, and Shandong Energy Company Limited (山東能源集團有 限公司) (“Shandong Energy Group”). The Company has been notified by Yankuang Group that the shareholders of Yankuang Group, namely, Shandong Provincial State-owned Assets Supervision and Administration Commission ( 山東省人民政府國有資產監督管理委員會), Shandong Guohui Investment Co., Ltd. (山東國惠投資有限公司) and Shandong Provincial Council for Social Security Fund (及山東省社會保障基金理事會) approved the Merger and related matters on 14 August 2020. Shandong Energy Group and Yankuang Group entered into the Agreement on the Merger of Shandong Energy Group Company Limited and Yankuang Group Company Limited on the same date, pursuant to which Yankuang Group was renamed as Shandong Energy Company Limited (山東能源集團有限公司)as the surviving company (the "Surviving Company") after the Merger. -
Energy Markets in China and the Outlook for CMM Project
U.S. EP.NSII Coalbed Methane Energy Markets in China and the Outlook for CMM Project Development in Anhui, Chongqing, Henan, Inner Mongolia, and Guizhou Provinces Energy Markets in China and the Outlook for CMM Project Development in Anhui, Chongqing, Henan, Inner Mongolia, and Guizhou Provinces Revised, April 2015 Acknowledgements This publication was developed at the request of the U.S. Environmental Protection Agency (USEPA), in support of the Global Methane Initiative (GMI). In collaboration with the Coalbed Methane Outreach Program (CMOP), Raven Ridge Resources, Incorporated team members Candice Tellio, Charlee A. Boger, Raymond C. Pilcher, Martin Weil and James S. Marshall authored this report based on feasibility studies performed by Raven Ridge Resources, Incorporated, Advanced Resources International, and Eastern Research Group. 2 Disclaimer This report was prepared for the U.S. Environmental Protection Agency (USEPA). This analysis uses publicly available information in combination with information obtained through direct contact with mine personnel, equipment vendors, and project developers. USEPA does not: (a) make any warranty or representation, expressed or implied, with respect to the accuracy, completeness, or usefulness of the information contained in this report, or that the use of any apparatus, method, or process disclosed in this report may not infringe upon privately owned rights; (b) assume any liability with respect to the use of, or damages resulting from the use of, any information, apparatus, method, or process -
Still Undermining Our Future?! a Case Study for Fair Finance Guide International
Still Undermining Our Future?! A Case Study for Fair Finance Guide International Research by: Anya Marcelis and Ward Warmerdam 23 November 2018 List of tables Table 1 Life-cycle emissions of electricity generation technologies (gCO2eq/kWh) ........ 4 Table 2 Climate change inducing and mitigating electricity generation technologies ................................................................................................................ 5 Table 3 Definitions of small-scale hydropower .................................................................... 8 Table 4 Categorisation of Climate change mitigating and Climate change inducing sectors ........................................................................................................ 10 Table 5 Contributions assigned to the bookrunners in loan and issuance syndicates .................................................................................................................. 16 Table 6 Selected financial institutions ............................................ Erreur ! Signet non défini. Table 7 Selected financial institutions ................................................................................. 20 Table 8 Selected companies for each energy sector ........................................................... 21 Table 9 Selected renewable energy projects ....................................................................... 29 Methodology 1.1 Introduction This chapter provides an overview of the methodology used for this research project. First section 1.2