Yanzhou Coal Mining Company Limited (Translation of Registrant’S Name Into English)
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ˆ1LWSP029NXXB156bŠ 1LWSP029NXXB156 ACWIN-CTXP61 YANZHOU COAL MINING RR Donnelley ProFile10.2.7 MWRsring0dc25-Jun-2009 11:14 EST 69610 FS 1 8* FORM 20-F HKG HTM ESS 0C Page 1 of 2 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2008 OR TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number 001-14714 [GRAPHIC APPEARS HERE] (Exact name of Registrant as specified in its charter) Yanzhou Coal Mining Company Limited (Translation of Registrant’s name into English) People’s Republic of China (Jurisdiction of incorporation or organization) 298 South Fushan Road Zoucheng, Shandong Province People’s Republic of China (Address of principal executive offices) Securities registered or to be registered pursuant to Section 12(b) of the Act. Title of each class Name of each exchange on which registered American Depositary Shares New York Stock Exchange H Shares, par value RMB1.00 each New York Stock Exchange* * Not for trading in the United States, but only in connection with the listing of the American Depositary Shares. Securities registered or to be registered pursuant to Section 12(g) of the Act. None (Title of Class) Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. None (Title of Class) Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period ˆ1LWSP029NXXB156bŠ 1LWSP029NXXB156 ACWIN-CTXP61 YANZHOU COAL MINING RR Donnelley ProFile10.2.7 MWRsring0dc25-Jun-2009 11:14 EST 69610 FS 1 8* FORM 20-F HKG HTM ESS 0C Page 2 of 2 covered by the annual report. 2,960,000,000 Domestic Shares, par value RMB1.00 per share 1,958,400,000 H Shares, par value RMB1.00 per share Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ⌧ No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes No ⌧ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ⌧ No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one): Large accelerated filer ⌧ Accelerated filer Non-accelerated filer Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP International Financial Reporting Standards as issued Other by the International Accounting Standards Board ⌧ Indicate by check mark which financial statement item the registrant has elected to follow. Item 17 Item 18 ⌧ If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No ⌧ (APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS) Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes No ˆ1LWSP029KNB81=6ÉŠ 1LWSP029KNB81=6 MWRPRFRS14 YANZHOU COAL MINING RR Donnelley ProFile10.2.8 MWRpf_rend24-Jun-2009 20:08 EST 69610 TOC 1 2* FORM 20-F HKG HTM ESS 0C Page 1 of 1 TABLE OF CONTENTS PAGE NO. CAUTIONARY STATEMENT 1 DEFINITIONS AND SUPPLEMENTAL INFORMATION 2 EXCHANGE RATES 3 SPECIAL NOTE ON OUR FINANCIAL INFORMATION 3 PART I ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS 4 ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE 4 ITEM 3. KEY INFORMATION 4 ITEM 4. INFORMATION ON THE COMPANY 13 ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 44 ITEM 6. DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES 58 ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 69 ITEM 8. FINANCIAL INFORMATION 73 ITEM 9. THE OFFER AND LISTING 73 ITEM 10. ADDITIONAL INFORMATION 76 ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 93 ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 94 PART II ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 94 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS 94 ITEM 15. CONTROLS AND PROCEDURES 95 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 96 ITEM 16B CODE OF ETHICS 96 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 96 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 97 ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS 97 PART III ITEM 17. FINANCIAL STATEMENTS 97 ITEM 18. FINANCIAL STATEMENTS 97 ITEM 19. EXHIBITS 97 SIGNATURES ˆ1LWSP029NWSNPR6;Š 1LWSP029NWSNPR6 ACWIN-CTXP61 YANZHOU COAL MINING RR Donnelley ProFile10.2.7 MWRsring0dc25-Jun-2009 11:08 EST 69610 TX 1 3* FORM 20-F HKG HTM ESS 0C Page 1 of 1 CAUTIONARY STATEMENT This annual report contains “forward-looking statements”, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The terms “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will” and similar expressions are intended to identify forward-looking statements. These forward-looking statements include, without limitation, statements relating to: • our business prospects; • future prices and demand for our products and demand for our customers’ products; • sales of our products; • the extent and nature of, and potential for, our future development; • estimates and recoverability of coal reserves; • production forecasts of coal; • trends in the coal industry and domestic and international coal market conditions; • the development of the methanol industry; • our ability to reduce costs and compete effectively; • future expansion plans and capital expenditures; • expected production capacity increases; • competition; • changes in legislation, regulations and policies; • estimates of proven and probable coal mine reserves; • future PRC tariff levels and export quotas for coal; • our research and development plans; and • our dividend policy. These statements are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in particular circumstances. However, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties, which could cause actual results to differ materially from our historical results and expectations. These risks are described in further detail in the section entitled “Item 3. Key Information – Risk Factors.” All of the forward-looking statements made in this annual report are qualified by this cautionary statement. We cannot assure you that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected effect on us, our business or operations. We caution you not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. Unless we are required to do so under U.S. federal securities laws or other applicable laws, we do not intend to update or revise any forward-looking statements. 1 ˆ1LWSP029KNT12Q6ÄŠ 1LWSP029KNT12Q6 MWRPRFRS08 YANZHOU COAL MINING RR Donnelley ProFile10.2.8 MWRpf_rend24-Jun-2009 20:09 EST 69610 TX 2 2* FORM 20-F HKG HTM ESS 0C Page 1 of 1 DEFINITIONS AND SUPPLEMENTAL INFORMATION As used in this annual report, references to “Yanzhou Coal” and “the Company” refer to Yanzhou Coal Mining Company Limited, on a stand-alone basis and do not include our subsidiaries that have been consolidated into our consolidated financial statements. Yanzhou Coal is a joint stock limited company incorporated under the laws of the PRC in 1997, with its H Shares, American Depositary Shares and A Shares listed on the Hong Kong Stock Exchange, the New York Stock Exchange and the Shanghai Stock Exchange, respectively. “We”, “our”, “our Company” or “us” refers to Yanzhou Coal and its subsidiaries, which have been consolidated into the accounts of Yanzhou Coal for the purpose of the consolidated financial statements, unless the context indicates otherwise. “Yankuang Group”, “Controlling Shareholder” or “Parent Company” refers to Yankuang Group Corporation Limited, a company with limited liability established under the laws of the PRC in 1996, (formerly known as Yanzhou Mining (Group) Corporation Limited).