EXHIBIT 4.3

Code : 02





Provision of Labor and Services
Agreement





between

Yankuang Group Company
Limited

and

Yanzhou Coal
Mining Company Limited

23 April 2012



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This agreement is made and come into force of this day of 23 April 2012 in Zoucheng City, Shangdong
Province, between:

Yankuang Group Company Limited, a wholly state-owned enterprise incorporated and validly exists under the laws of PRC with registry
number of business license for legal person as 370000018019807 and registered office at 298 Fushannan Road Zoucheng, Shandong Province and its legal representative being Wang Xin (hereinafter referred to as Yankuang Group).

Yanzhou Coal Mining Company Limited, a company with limited liability incorporated and validly exists under the laws of PRC listing in the Shanghai Stock
Exchange, Hong Kong Stock Exchange and New York Stock Exchange, with registry number of business license for legal person as 370000400001016 and registered office at 298 Fushannan Road Zoucheng, Shandong Province and its legal representative being
Li Weimin (hereinafter referred to as the Company).

Where:



|1. | On 25 September 1997, Yankuang Group, as the only promoter, founded the Company pursuant to PRC laws. As part of its reorganization, Yankuang Group injected assets and liabilities relating to its major coal
production business into the Company, and Yankuang Group retained the remaining assets and liabilities.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|2. | After successive IPO and listing of the Company in the Shanghai Stock Exchange, Hong Kong Stock Exchange and New York Stock Exchange, Yankuang Group remains the controlling stockholder of the Company, holding 52.86% of
stocks in the Company as at the date hereof.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

3. Yankuang Group owns coal production business relevant affiliated facilities, services and
education systems, which can provide various services to the Company, which, as a company mainly operating in coal production business, is incapable of undertaking direct social and welfare responsibilities.

4. On 31 October 2008, Yankuang Group and the Company entered into Provision of Labor and Services Agreement, which were ratified by independent
shareholders on 23 December 2008. This agreement was effective for 3 years from 1 January 2009 to 31 December 2011. Pursuant to the original Provision of Labor and Services Agreement, Yankuang Group provided the Company with the
following services : (1) environmental services; (2) security and fire services; (3) militia training; (4) gas and heat supply; (5) property management; (6) children education; (7) technical staff training; (8) IT
and communication services; (9) maintenance of machineries and equipment; (10) construction work; (11) vehicles and transportation; (12) employee benefits; (13) retirement benefits.

5. According to the latest development, Yankuang Group shall continue its provision of labor and services with certain items adjusted.



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Pursuant to Contract Law of the Peoples Republic of China, relevant laws and regulations, and local
regulatory requirements in the listing locations of the Company, Yankuang Group and the Company, through friendly discussion, agree on continued provision of labor and services as follow:

1. Definition and explanations

1.1 Definition

Terms herein have the following meaning unless otherwise required by the context:



|                                           |  |           |  |                                                                                                                                                                                                                                                                                                                     
|------------------------------------------ |  | --------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Fiscal year                              |  | refers to |  | each year from 1 January to 31 December;                                                                                                                                                                                                                                                                            
|                                           |  |          
|Half year                                |  | refers to |  | 1 January to 30 June or from 1 July to 31 December for each fiscal year;                                                                                                                                                                                                                                            
|                                           |  |          
|Hong Kong Stock Exchange                 |  | refers to |  | the Stock Exchange of Hong Kong Limited;                                                                                                                                                                                                                                                                            
|                                           |  |          
|PRC                                      |  | refers to |  | Peoples Republic of China;                                                                                                                                                                                                                                                                                         
|                                           |  |          
|RMB                                      |  | refers to |  | Renminbi, the legal currency of PRC;                                                                                                                                                                                                                                                                                
|                                           |  |          
|Previous Connected Transaction Agreement |  | refers to |  | the Provision of Labor and Services Agreement entered between Yankuang Group and the Company on 31 October 2008;                                                                                                                                                                                                    
|                                           |  |          
|Market price                             |  | refers to |  | the market price of labor and services provided hereunder calculated pursuant to clause 4.2 of the agreement in applicable circumstances;                                                                                                                                                                           
|                                           |  |          
|Cost price                               |  | refers to |  | Costs incurs from Yankuang Group in providing the Company with the labor and services in accordance with the agreement or the payment of Yankuang Group in purchasing the labor and services from a third party and additional costs
from the transfer of the labor and services from Yankuang Group to the Company;
|                                           |  |          
|State regulated price                    |  | refers to |  | price of labor and services provided hereunder set in accordance with clause 4.4; and                                                                                                                                                                                                                               
|                                           |  |          
|Subsidiaries                             |  | refers to |  | the holding subsidiaries and other affiliates of Yankuang Group and the Company.                                                                                                                                                                                                                                    

1.2 Explanation

Unless the
contrary intention appears,

(1) Where the provision of labor and services is involved herein, both Yankuang Group and the Company shall refer to itself
as well as its subsidiaries. Yankuang Group also includes its associated persons from time to time (associated persons has the meaning ascribed to it in the Rules Governing the Listing of Securities of the Stock Exchange of Hong Kong
Limited). In this agreement, the subsidiaries of Yankuang Group exclude the Company and its subsidiaries;



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(2) Any party in the agreement and any other agreements includes its successors or approved assignees (if any);

(3) Clauses and appendixes refer to clauses and appendixes hereof;

(4) Any clauses herein shall not be interpreted as the prohibition to postponing, revision, modification or supplement of the agreement;

(5) The title of the agreement is intended for convenience purpose only and shall not affect the content and explanation hereof.

2. Provision of labor and services

2.1 Labor and
services provided by Yankuang Group with the Company in accordance with the agreement includes:

(1) Heat supply;

(2) Property management (management of dormitories or properties rented or owned by employees of the Company);

(3) IT and communication services (telephone, internet, IT system and related services);

(4) Maintenance of machineries and equipment (maintenance of mining equipment and machineries such as mining machine, development machine, hydraulic crops,
belt conveyors etc. and repair works services;

(5) Construction work and management;

(6) Vehicle and transportation (coal, short distance transportation of purchased materials and coal mine waste transportation service);

(7) Employee benefits (include but not limited to children nursing, medical benefits for close family members, household heat supply, cultural, art, sport and
entertainment services, financial assistance, travel allowance and other welfare expenditures in accordance with national regulations); and

(8)
Retirement benefits (pension, relief benefit, mature age allowance, medical benefits, housing allowance and other welfare expenditures in accordance with national regulations).

Yankuang Group shall provide labor and services hereunder pursuant to the terms hereof and specific terms (including but not limited to quantity and quality)
in written agreements entered between both parties from time to time.



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2.2 Yankuang Group undertakes that, under any circumstances, the prices of labor and services provided to the
Company by Yankuang Group shall not exceed the prices received by Yankuang Group from any independent third parties for the same kind of labor and services. Under proper circumstance, Yankuang Group may provide discount to the Company. The Company
is not restricted to purchase labor and services from Yankuang Group only.

3. Execution

3.1 The Company shall submit the labor and services demand plan for the coming year or service adjustment plan for the current year (annual provision
plan) to Yankuang Group prior to 31 November each year. The parties shall agree on the plan before 31 December of the year. Where the labor and services demand plan of the Company for the coming year is identical to the current year,
Yankuang Group shall perform such plan.

3.2 The parties and their subsidiaries and associated person of Yankuang Group shall enter into specific labor
and services provision contracts in accordance with this agreement (including annual provision plan developed under this agreement).

3.3 Annual provision
plans or specific provision contracts can be adjusted during the course of execution upon agreement by both parties where necessary.

3.4 Payments for
provision of labor and services can be made in one time or by installments.

3.5 Both parties shall enter the items of account payable or account
receivable of continuing connected transaction into the account book before the last business day of each calendar month. All the payments of continuing connected transaction of each calendar month other than the outstanding transaction or disputed
ones shall be settled in the next month.

4. Pricing basis of provision of labor and services

4.1 Prices of provision of construction work and management services, IT and communication services, maintenance of machineries and equipment and vehicle and
transportation services shall be determined by market price, which should be calculated and estimated before the beginning of the fiscal year where possible.

4.2 Prices of provision of construction work and management services, IT and communication services, maintenance of machineries and equipment and vehicle and
transportation services shall be determined by market price and general commercial terms as below:

(1) The prices of identical or similar services
provided by an independent third party in the area of provision or in the vicinity in accordance with general commercial terms during its daily business operation; or



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(2) Where item (1) is not applicable, the prices of identical or similar service provided by an independent
third party within PRC territory in accordance with general commercial terms during its daily business operation.

4.3 Both parties agreed that the prices
of services such as heat supply, property management, employee benefits and retirement benefits shall be determined based on their cost prices. Yankuang Group shall provide the Company with complete relevant account books and records for calculation
of such cost prices.

4.3.1 The final price for heat supply shall equal to the product of total cost at which Yankuang Group provide to the Company and
itself with such services times the ratio of the area of the Companys premises covered by such services to the aggregate area of premises of Yankuang Group and the Company covered by such services.

4.3.2 The final price for property management shall equal to the product of total cost at which Yankuang Group provide to the Company and itself with such
services times the ratio of the number of staff of the Company covered by such services to the aggregate number of staff of Yankuang Group and the Company covered by such services.

4.3.3 Employee benefit shall be the actual cost incurred by Yankuang Group in providing the services.

4.3.4 The amount of retirement benefits paid shall be calculated and estimated as 15% of the prevailing total wage of the employee. The calculation and
estimation is based on the actual incurred amount of Yankuang Group in providing services in the past combined with future changes. Notwithstanding the above, the annual payment amount for each year from 2012 to 2014 shall not exceed RMB655,500,000,
RMB753,825,000 and RMB866,906,000 respectively. The amount exceeding the above annual quota shall be borne by Yankuang Group.

4.4 At any time, both
parties agree to adopt any state regulated price effective and applicable to the provision of labor and services hereof at any time. Such price is required for such provision of labor and services in accordance to laws, regulations, decrees or
pricing policies (as the case may be) made by relevant Chinese government agencies.

5. Representations, warranties and undertakings by Yankuang
Group

5.1 Yankuang Group, a wholly state owned enterprise with limited liability and a status of independent legal entity incorporated under the
PRC laws, currently holds a valid business license.



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5.2 Yankuang Group has been engaging in business activities in accordance with the laws, and never involves in
any business exceeding the scope set by laws.

5.3 The entrance or performance of obligations hereof by Yankuang Group neither breaches nor legally
conflicts with any other agreements it entered or its articles of corporation.

5.4 Yankuang Group undertakes that the terms of labor and services
provision hereof shall be no less favorable than that provided to any independent third parties by itself, its subsidiaries or associated person (as the case may be).

5.5 Yankuang Group undertakes to provide the Company with labor and services in accordance with the requirements and standards as negotiated and set by the
parties from time to time.

5.6 Yankuang Group undertakes to maintain adequate qualified employees and to provide adequate guidance and instruction for
them to provide the Company with provision of labor and services in fulfilling the reasonable requirements by the Company.

5.7 Yankuang Group guarantees
the Company a preferential right in receiving any labor and services provision hereof, and a preferential right to purchase labor and services provided by Yankuang Group to any third parties, including but not limited to any other third parties
related to Yankuang Group, with identical terms.

5.8 Yankuang Group guarantees that any provision of labor and services by the subsidiaries and/or
associated persons of Yankuang Group to the Company shall conform to the clauses of this agreement.

5.9 Yankuang Group guarantees to be liable for any
violation of terms hereof in the provision of labor and services by its subsidiaries and/or associated persons pursuant to this agreement.

5.10 Yankuang
Group guarantees that it will prompt its subsidiaries and associated persons to take any necessary action to fulfil the obligations under this agreement.

5.11 Yankuang Group undertakes to take reasonable measures to avoid any losses of the Company arising from negligence during its performance of obligations
hereof. In case of any losses arising therefrom, Yankuang Group guarantees to compensate for all losses of the Company.



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6. Representations, warranties and undertakings by the Company

6.1 The Company, a limited liability company incorporated under the laws of PRC with the status of an independent legal entity, currently holds a valid
business license.

6.2 The Company has been engaging in business activities in accordance with the laws, and never involves in any business exceeding the
scope set by laws.

6.3 The entrance or performance of obligations hereof by the Company neither breaches nor legally conflicts with any other agreements
it entered or its articles of corporation.

6.4 The Company guarantees to make timely payment to Yankuang Group for the provision of labor and services in
accordance with this agreement.

7. Termination of provision of labor and services

7.1 In case the Company cannot easily obtain similar labor and services from a third party in equivalent terms of this Agreement, Yankuang Group shall not
terminate the provision of labor and services hereunder for any reason.

7.2 Subject to clause 7.1, any party may terminate the provision or purchase of
certain kind of labor and services by providing not less than 12 months prior written notice to the other party. The kind of material provision or purchase to be terminated and the effective date of such termination shall be specified in the
termination notice. Termination shall be set forth automatically from the effective date specified in notification without affecting other rights and obligations of Yankuang Group and Company hereunder.

7.3 For the avoidance of doubt, both parties agree that, where the Company has issued termination notice of provision of labor and services pursuant to clause
7.2, Yankuang Group shall continue its provision of labor and services to the Company pursuant to applicable provision clauses other than the requirement(s) on term of provision from the date of the notice until the termination effective date. The
applicable clauses shall include relevant terms of the Supplementary Agreement entered in accordance with clause 8.3.



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8. Effective date, term and termination of agreement

8.1 Unless otherwise agreed in written form by both parties, this Agreement shall apply with retrospective effect from 1 January 2012, subject to
signatures by the legal representatives or authorized representatives of both parties and approval by independent shareholders or the board of directors pursuant to approval permission and local regulatory requirements in the listing locations of
the Company.

8.2 This agreement is valid for 3 years starting from 1 January 2012 until 31 December 2014. The previous Connected Transactions
Agreement shall terminate automatically upon effect of this agreement.

8.3 In case of any need to modify this agreement, both parties shall enter into a
supplemental agreement on the relevant issues prior to the end of November in the year prior to the relevant fiscal year specified in such supplemental agreement. In the event of failure of both parties to achieve consent on the terms of the
supplemental agreement before the above time limit, the current terms of provision shall be applicable to the next fiscal year until an agreement is reached or the disputes are settled by both parties pursuant to clause 8.4.

8.4 Where the parties fail to reach an agreement in connection with any matters related to the transaction price (including but not limited to the amount and
the time of payment), such matters shall, upon the request of any party, be submitted to Zoucheng City Pricing Bureau as a mediator for determining solution. Such decision by Zoucheng City Price Bureau shall be final and binding on both parties.

8.5 Both parties may negotiate and enter into a new provision of labor and services agreement prior to the termination of this Agreement to ensure normal
operation and production of both parties after such termination.

8.6 In case of material default of any clauses hereof by any party (defaulting
party) , this agreement may be terminated immediately by the other party where the defaulting party fail to provide remediation of such default within the reasonable period requested in written notice by the other party for remediation of such
act of default, or where such act of default is not remediable.

8.7 Termination of this Agreement shall not harm any occurred rights or duties of any
party.

9. Performance

In accordance with the
regulatory requirements of the listing location of the Company (including but not limited to Hong Kong Stock Exchange Listing Rules and Shanghai Stock Exchange Stock Listing Rules), an annual quota of transaction shall be set for continuing
connected transactions under this Agreement. Where the annual quota for provision of labor and services is requires the approval by independent shareholders of the Company, the continuity of such transactions shall be subject to the approval of
independent shareholders of the Company. Where, in any year, the actual occurring amount of such transactions exceeds the annual quota approved by independent shareholders of the Company, both parties should terminate the provision of labor and
services in excess of the annual quota approved by independent shareholders prior to the approval procedure of the Company in compliance to the regulatory requirements of the listing locations.



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10. Announcement

Any party shall not make or permit others to make (where one party is capable to control the other) any announcement related to the subject of this agreement
or any relevant issues without prior written consent of the other party, save for announcement made in compliance with requirements by law or the China Securities Regulatory Commission, Shanghai Stock Exchange, the Hong Kong Stock Exchange , the
Securities and Futures Commission in Hong Kong, the New York Stock Exchange, the United States Securities and Exchange Commission or regulatory authorities in any other listing locations of the Company.

11. Other requirements

11.1 Neither party shall
assign or transfer its rights or obligations of this agreement to any third parties without prior written consent of the other party.

11.2 This Agreement
and its Appendix shall constitute a complete agreement by both parties on all issues herein and replace all prior agreements by both parties related to such transactions. In case of violation of any clauses of the previous connected transactions
agreement by any party (defaulting party), the effect of this agreement shall not affect any rights entitled by the other party (non-defaulting party) due to the violation of the defaulting party.

11.3 Should any clauses herein become illegal, invalid or unenforceable at any time, the other clauses shall not be affected.

11.4 In case of any failure or delay of any party in performance of its obligations of this agreement pursuant to the requirements hereof due to force
majeure, the party shall provide immediate written notification for the other party and shall not be deemed as default. The other party shall provide a reasonable period for the said party to perform its duties and obligations according to the
situation.

11.5 Both parties agree to bear all relevant costs and expenses required by relevant laws of PRC arising from the entrance of this agreement
or evenly distribute such costs and expenses where there is no relevant regulation.

11.6 Any amendments of this agreement or its appendix shall be
provided in written form where possible and shall be signed by both parties and approved via appropriate legal procedures.

11.7 Unless otherwise
required, failure or delay in exercising its rights, powers or privileges hereunder by any party shall not constitute a waiver of such rights, powers or privileges, and a single or partial exercise of such right, power or privilege does not exclude
its exercise of any other rights, powers or privileges.



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11.8 The Appendix is an integral part of this Agreement, and shall be equally binding upon both parties as the
Agreement itself.

12. Notice

12.1 In
accordance with this Agreement, any notices or other documents shall be made in written form and delivered by hand, by mail or by fax to the relevant parties to the following addresses:



|    |  |                 |  |                                                                   
|--- |  | --------------- |  | ------------------------------------------------------------------
|(a) |  | Yankuang Group: |  | Yankuang Group Company Limited                                    
|    |  | Address:        |  | 298 Fushannan Road, Zoucheng City,
Shandong Province P.R. of China
|    |  | Tel:            |  | 0537-5382232                                                      
|    |  | Fax:            |  | 0537-5382831                                                      
|    |  |                
|(b) |  | The Company:    |  | Yanzhou Coal Mining Company Limited                               
|    |  | Address:        |  | 298 Fushannan Road, Zoucheng City,
Shandong Province P.R. of China
|    |  | Tel:            |  | 0537-5383196                                                      
|    |  | Fax:            |  | 0537-5382032                                                      

12.2 Arrival time of notices or documents:

(a) Delivery by hand: upon hand-over of the letter;

(b)
Delivery by mail: within five (5) working days after posting (excluding Saturdays, Sundays and public holidays in PRC); and

(c) Delivery by fax:
upon receipt of fax. Where the fax is received outside business hours, the receiving time shall be the general business hours of the second day (excluding Saturdays, Sundays and public holidays in PRC) and the sender shall present the confirmation
from the fax machine to certify completion of faxing.



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13. Applicable laws and jurisfiction

This agreement shall be governed by and construed by the applicable laws of PRC. Any disputes (including any issues concerning the existence, validity, and
rights and duties of both parties under this Agreement) arising from or in connection with this Agreement unable to be resolved through friendly negotiation may be submitted to Jining Arbitration Commission located in Jining city for arbitration
according to its prevailing Provision Rules of Procedure upon request of any party. This arbitrate award shall be final and binding upon both parties.

14. Others

This agreement is provided in Chinese.

Copies of this agreement, which are made in quadruplicate with equal legal effects, shall be held respectively by both parties (2 copies for each party)
upon signature and sealing by the legal or authorized representatives of both parties.



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Appendix: Provision of labor and services by Yankuang Group to the Company



|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  |                 |  |                             
|-------- |  | ---------------------------------------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | --------------- |  | ----------------------------
|Item no. |  | Item                                     |  | Pricing basis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |  | Provisionperiod |  | Notice periodfor termination
|1        |  | Heat supply                              |  | The price shall be determined based on cost price. The final price shall equal to the product of total cost at which Yankuang Group provide to the Company and itself with such services times the ratio of the area of the Company
premises covered with such services to the aggregate area of premises of Yankuang Group and the Company covered with such services.                                                                                                                                                                     |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|2        |  | Property management                      |  | The price shall be determined based on cost price. The final price shall equal to the product of total cost at which Yankuang Group provide to the Company and itself with such services times the ratio of the number of staff of the
Company covered with such services to the aggregate number of staff of Yankuang Group and the Company covered with such services.                                                                                                                                                                    |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|3        |  | IT and communication services            |  | Market price                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|4        |  | Maintenance of machineries and equipment |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|5        |  | Construction work and management         |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|6        |  | Vehicles and transportation              |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|7        |  | Employee benefits                        |  | The actual cost incurred by Yankuang Group in providing the services.                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  | 3 years         |  | 12 months                   
|         |  |                                          |  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|8        |  | Retirement benefits                      |  | The amount of retirement benefits paid shall be calculated and estimated as 15% of the prevailing total wage of the employee. The calculation and estimation is based on the actual incurred amount of Yankuang Group in providing
services in the past combined with future changes. Notwithstanding the above, the annual payment amount for each year from 2012 to 2014 shall not exceed RMB655,500,000, RMB 753,825,000 and RMB 866,903,000 respectively. The amount exceeding the above
annual quota shall be borne by Yankuang Group. |  | 3 years         |  | 12 months                   



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In witness hereof, this agreement has been signed on the date specified on the first page.

Yankuang Group Company Limited (Seal)

Legal representative



|                            |  |              
|--------------------------- |  | -------------
|/authorized representative: |  | /s/ Li Weimin

Yanzhou Coal Mining Company Limited (Seal)

Legal representative



|                            |  |             
|--------------------------- |  | ------------
|/authorized representative: |  | /s/ Wang Xin