Document:

Loan Agreement

 Exhibit 4.3 
  

SUMMARY OF 
 FOUR-PARTY ENTRUSTED LOAN
AGREEMENT 
  

			
	Trustor:	  	Yanzhou Coal Mining Company Limited
	Address:	  	298 Fushan South Road, Zoucheng City, Shandong Province
		
	Entrusted Lender:	  	Bank of China Jining Branch (“Lender”)
	Address:	  	99 Guanghe Road, Jining City, Shandong Province
		
	Borrower:	  	Shandong Xinjia Industrial Company Limited
	Address:	  	138 Lishan Road, Jinan City, Shandong Province
		
	Guarantor:	  	Lianda Group Corporation
	Address:	  	28 Qianfoshan West Road, Jinan City, Shandong Province

  
 To enable the Trustor
to effectively utilize its capital, and the Entrusted Lender to make the Entrusted Loan to the Borrower, the parties after discussion agree as follows: 
  

			
	 Article 1
	  	General Provisions
		
	 1.
	  	The Trustor shall deposit available cash with the Lender who shall disburse the Entrusted Loan to the Borrower, and receive payment of principal and interest at the maturity
date.
		
	 2.
	  	The Lender shall assist the Trustor to evaluate the Borrower’s credit status, supervise the use of the loan proceeds, supervise the Borrower to timely repay principal and interest, and
carry out the lending procedures.
		
	 3.
	  	The risk of loss in relation to the Entrusted Loan shall be borne by the Trustor, and the Lender shall not bear any risk of loss in relation to the Entrusted Loan.
		
	 4.
	  	The Lender’s signature of this Loan Agreement shall not be deemed to be a guarantee by the Lender of payment by the Borrower.
		
	 5.
	  	An amount of 3% of the interest (including penalty interest, overdue interest and fees) received by the Lender from the Borrower shall be the Entrusted Loan handling fee.
		
	 Article 2
	  	Currency, Amount and Term
		
	 1.
	  	Currency of the Entrusted Loan is Renminbi.
		
	 2.
	  	The principal amount of the Entrusted Loan is RMB640,000,000.
		
	 3.
	  	The term of the Entrusted Loan is from December 20, 2004 to January 19, 2005.

			
	 Article 3
	  	Use of Proceeds
		
	 1.
	  	The proceeds of the Entrusted Loan shall be used for working capital.
		
	 2.
	  	Without the Trustor’s written consent, the Lender may not change the use of proceeds.
		
	 Article 4
	  	Entrusted Loan Settlement Account
		
	 1.
	  	Within seven business days of the signing of this Agreement, the Trustor shall open the Entrusted Loan Settlement Account with the Lender.
		
	 2.
	  	Within seven business days of the signing of this Agreement, the Trustor shall deposit the full amount of RMB640,000,000 in the Entrusted Loan Settlement Account. The Lender shall pay
interest on the funds on deposit at a floating rate of interest.
		
	 3.
	  	Under no circumstances shall the Borrower at any time withdraw more than the balance on deposit in the Trustor’s account.
		
	 4.
	  	The Lender shall deposit payments of principal and interest (including interest and penalty interest) received (or withheld) in the Trustor’s account on a quarterly basis, after
deduction of the Entrusted Loan handling fee.
		
	 Article 5
	  	Borrower’s Account
		
	 1.
	  	After the effectiveness of this Agreement and before using the funds, the Borrower shall open an account with the Lender for the purpose of carrying out withdrawal, repayment of principal and
interest, payment of fees, etc.
		
	 2.
	  	The Borrower shall open a repayment account with the Lender, and shall deposit in such account the full amount of principal and interest due on any payment date not less than five business
days prior to such payment date.
		
	 3.
	  	Any operations relating to sale of goods, settlement or clearance referred to herein shall be conducted through the Lender.
		
	 Article 6
	  	Entrusted Loan Interest and Calculation
		
	 1.
	  	The interest rate of the Entrusted Loan is 7%. If, during the term of this Agreement, the Trustor and the Borrower adjust or change the interest rate or method of calculation, the Trustor
shall give written notice thereof to the Lender, and the Lender shall commence calculation of interest at the adjusted rate from the second business day after receipt thereof.
		
	 2.
	  	Method of calculation: Interest shall be calculated from the first date on which the Borrower makes a withdrawal according to the actual amount withdrawn and the actual number of days, based
on a year of 360 days.

			
	 3.
	  	Interest payment: The Lender shall make payment of interest on the day the Entrusted Loan matures, and the Lender shall be entitled to deduct such payment directly from the Borrower’s
account. If the Borrower fails to make payment in full of principal and interest when due, and the balance on deposit in the Borrower’s account is insufficient to pay principal and interest, then the Lender shall have the right to charge the
Borrower penalty at the rate of 0.00023 per day on the overdue amount.
		
	 Article 7
	  	Interest on Overdue Amounts and Misapplied Amounts
		
	 1.
	  	In the event that the Borrower shall fail to make repayment as set forth herein, and the parties shall not have agreed to an extension of the term of the loan such that the amounts are
overdue, then the Trustor shall have the right to charge penalty interest at the rate of 0.00023 per day on the overdue amount.
		
	 2.
	  	In the event that the Borrower shall fail to use the loan proceeds as set out herein, then the Trustor shall have the right to charge penalty interest at the rate of 0.00023 per day on the
misapplied renminbi amount.
		
	 Article 8
	  	Plan of Withdrawal
		
	 1.
	  	The Borrower shall make one and only one withdrawal on December 20, 2004.
		
	 2.
	  	The last date on which the Borrower may withdraw funds shall be the day 10 business days from the date of this Agreement, and after such date any unutilized amount of the loan shall be
cancelled. Such date shall also be the date on which delayed withdrawal damages shall be collected.
		
	 Article 9
	  	Conditions Precedent to Withdrawal
		
	 1.
	  	The Borrower shall open an account with the Lender or one of the Lender’s branches.
		
	 2.
	  	The Borrower shall have provided to the Lender the resolutions of the Board of Directors or other governing body authorizing the Borrower to enter into and perform this Agreement and powers
of attorney.
		
	 3.
	  	This Agreement shall be in effect.
		
	 4.
	  	The Borrower shall have provided to the Lender a list of incumbent officers of the Borrower who are duly authorized to sign this Agreement, and all other documents and certificates related
hereto, along with specimen signatures of such officers.
		
	 5.
	  	Such other conditions as specified by the parties hereto.
		
	 Article 10
	  	Repayment
		
	 1.
	  	The Borrower shall repay the loan strictly in accordance with the following repayment schedule:

  

					
	Number of Payments

	 	Date of Payments

	 	Payment Amount

	1	 	January 19, 2005	 	RMB 640,000,000

					
	 2.
	 	The Borrower may prepay the loan upon three days’ prior notice to the Lender.
		
	 3.
	 	If the Trustor agrees to prepayment of a portion of the loan, the Borrower may not subsequently withdraw such amount.
		
	 4.
	 	Any amounts paid by the Borrower hereunder or deducted by the Lender from the Borrower’s account shall be applied first to pay interest and damages, and thereafter to principal
as and when due.
		
	 5.
	 	The Lender shall be entitled to set-off any amounts on deposit in Borrower’s accounts with the Lender for the repayment of the Borrower’s debts as they
mature.
		
	 6.
	 	If the Lender believes that any risk exists in relation to the loan hereunder, it shall have the right to transfer back the loan principal and interest from the Borrower’s
bank.
		
	 Article 11
	 	Guarantee
		
	 1.
	 	Payment of principal and interest (including penalty interest and other costs and expenses), other obligations of the Borrower hereunder and all costs and expenses of the Trustor or
the Lender (including but not limited to court costs, attorneys’ fees, custody fees, etc.) in connection with the enforcement of their rights hereunder is guaranteed by Lianda Group Corporation, who shall be jointly liable as guarantor, and in
connection with which it has separately executed pledges of equity interests.
		
	 2.
	 	In the event that the financial condition of the Guarantor deteriorates or for any other reason the ability of the Guarantor to pay its debts is reduced, such that the
Guarantor’s ability to perform under its guarantee is clearly diminished or impaired, then the Trustor shall have the right to require the Borrower to substitute another guarantor or provide other new security to ensure payment of the
debt.
		
	 Article 12
	 	Representations and Warranties of the Borrower
		
	 1.
	 	The Borrower represents that:
			
	 	 	 (i)
	  	due incorporation and registration; full power and authority to enter into this Agreement; to sue; legal title to its assets.
			
	 	 	 (ii)
	  	voluntarily enters into this Agreement; duly authorized; entry into and performance of this Agreement do not violate Articles of Association, any applicable law or contract; entry into and
performance of this Agreement duly authorized.

					
			
	 	 	 (iii)
	  	all documents, materials, reports, certificates, etc. provided to the Trustor and the Lender true, accurate, complete and in effect.
			
	 	 	 (iv)
	  	not failed to disclose to Trustor any event that has already occurred or about to occur that might affect the Trustor’s decision to make loan available.
		
	2.	 	The Borrower warrants that:
			
	 	 	 (i)
	  	it will use proceeds in accordance with this Agreement; not to misapply or unreasonably spend the loan proceeds.
			
	 	 	 (ii)
	  	it will repay loan principal, interest and fees in accordance with this Agreement.
			
	 	 	 (iii)
	  	it will provide updated financial information at request of Lender.
			
	 	 	 (iv)
	  	if the Borrower has entered into any contract to guarantee the Guarantor’s guarantee obligation, such agreement will not affect the rights of the Trustor hereunder.
			
	 	 	 (v)
	  	it will undergo credit investigation and supervision from the Lender, and provide necessary cooperation.
			
	 	 	 (vi)
	  	it will promptly notify the Trustor and the Lender if it guarantees the obligations of third parties or pledges or mortgages its assets to provide security.
			
	 	 	 (vii)
	  	it will not subordinate its obligations under this Agreement to other similar indebtedness.
			
	 	 	 (vii)
	  	the Guarantor Lianda Group Corporation will complete procedures for pledge of equity interests within five days after the date hereof.
			
	 	 	 (ix)
	  	it will promptly notify the Trustor and the Lender if:
			
	 	 	 	  	 •      it is in default under any loan agreement or guarantee

			
	 	 	 	  	 •      there is a change of control, senior management or amendment of Articles of
Association

			
	 	 	 	  	 •      there is a material disruption of operations or deterioration of financial
condition

			
	 	 	 	  	 •      any material dispute relating to rights and obligations leading to litigation or
arbitration

					
	 3.
	 	The representations and warranties of the Borrower herein shall continue to have effect, and shall be deemed repeated by the Borrower whenever this Agreement is amended, supplemented
or revised.
		
	 4.
	 	The Borrower acknowledges that the Trustor and the Lender are entering into this Agreement in reliance on the basis of the representations and warranties of the
Guarantor.
		
	 5.
	 	The Borrower agrees that if any of the foregoing events occur, the Trustor shall be entitled to enforce its right to require repayment.
		
	 Article 13
	 	Lender’s Representations and Warranties
		
	 1.
	 	Lender represents that:
			
	 	 	 (i)
	  	it is due incorporated and registered; it has duly obtained business license and operation permit for financial institutions issued by the Peoples’ Bank of China and is a registered
branch of a national commercial bank; is duly qualified and authorized to carry on financial business.
			
	 	 	 (ii)
	  	it is duly authorized to enter into and perform this agreement.
		
	 2.
	 	Lender warrants that:
			
	 	 	 (i)
	  	it will make the Entrusted Loan pursuant to this Agreement and supervise the use of the loan proceeds, assist the Trustor to collect principal and interest.
			
	 	 	 (ii)
	  	it will not increase the interests at will.
		
	 Article 14
	 	Trustor’s Representations and Warranties
		
	 1.
	 	Trustor represents that:
			
	 	 	 (i)
	  	the fund provided by the Trustor is self-owned, legal and free.
			
	 	 	 (ii)
	  	it is entitled to carrying on the matters contemplated by this Agreement.
			
	 	 	 (iii)
	  	it voluntarily enters into this Agreement; it is duly authorized; it has completed all procedures required for the execution and performance of this Agreement.
			
	 	 	 (iv)
	  	the choice of Borrower, use of proceeds, interest and terms in this Agreement are all based on Trustor’s own decision.
		
	 2.
	 	Trustor warrants that:
		
	 	 	it will deposit the fund in the Entrusted Loan Settlement Account pursuant to Article 4, and it guarantees that the balance in the Entrusted Loan Settlement Account shall be no less
than the amount that will be withdrawn by the Borrowers pursuant to this Agreement.

					
		
	 Article 15
	 	Defaults and Consequences
		
	 1.
	 	Any of the following shall constitute automatic events of default by the Borrower:
			
	 	 	 (i)
	  	the Borrower fails to use the loan proceeds as specified herein;
			
	 	 	 (ii)
	  	the Borrower fails to timely repay principal or interest when due, other fees or any other amount payable hereunder;
			
	 	 	 (iii)
	  	the Borrower breaches any of the warranties or the representations are not true and accurate;
			
	 	 	 (iv)
	  	the Borrower commits anticipatory breach;
			
	 	 	 (v)
	  	the Borrower breaches any other obligation hereunder.
		
	 2.
	 	If any of the foregoing occurs, the Borrower shall promptly inform the Lender and the Trustor, and the Lender or the Trustor separately or together may take the following
actions:
			
	 	 	 (i)
	  	require the Borrower to cure the default within a stated period of time; or
			
	 	 	 (ii)
	  	notify the Borrower that the full amount of principal and interest hereunder is immediately due and payable, and demand payment of such principal, interest and fees.
		
	 3.
	 	Lender’s defaults and consequences
			
	 	 	 (i)
	  	If the Lender without proper cause refuses to allow the Borrower to make withdrawal pursuant to the terms of this Agreement.
			
	 	 	 (ii)
	  	If the Lender breaches any provision of Article 13.
		
	 	 	If the Lender commits any violation referred to above, the Trustor or the Borrower separately or together may take the following actions:
			
	 	 	 (i)
	  	require the Lender to cure the default within a stated period of time;
			
	 	 	 (ii)
	  	the Borrower may prepay the loan;
			
	 	 	 (iii)
	  	the Trustor may replace the Lender with another lender.
		
	 4.
	 	If any of the follow shall occur, it shall constitute a default by the Trustor hereunder:
			
	 	 	 (i)
	  	failure to establish the Trustor’s account and deposit the required amount in accordance with this Agreement;

					
	 	 	 (ii)
	  	unauthorized source of funds.
		
	 5.
	 	If any of the above violations occur, the Lender or the Borrower shall have the right to take any of the following actions:
			
	 	 	 (i)
	  	require the Borrower to cure the default within a stated period of time;
			
	 	 	 (ii)
	  	the Lender may refuse to carry out the Entrusted Loan on behalf of the Trustor;
			
	 	 	 (iii)
	  	the Borrower may prepay the loan;
			
	 	 	 (iv)
	  	if the Lender or the Borrower incur loss, seek damages from the Trustor.
		
	 Article 16
	 	Expenses
		
	 1.
	 	Except as otherwise required by law, all expenses in connection with this Agreement (including but not limited to processing fees and notaries fees) shall be borne by the
Borrower.
		
	 2.
	 	All taxes and expenses in connection with the execution, performance or any dispute relating to this Agreement, including but not limited to stamp duty, interest withholding tax,
litigation expenses, lawyers fees, execution costs etc. shall be borne by, or reimbursed by, the Borrower.
		
	 Article 17
	 	Withholding
	
	 The Borrower shall pay all amounts payable hereunder without making any claim for deduction or right of set-off, and without imposing
conditions.

		
	 Article 18
	 	Assignment of Debt
		
	 1.
	 	Without the written consent of the Trustor, the Borrower shall not transfer or assign any right or obligation hereunder to any third party.
		
	 2.
	 	If, with the Trustor’s written consent, the Borrower transfers or assigns any right or obligation hereunder to any third party, such third party shall obey all of the provisions
hereof without condition.
		
	 Article 19
	 	Performance of Obligations and Waiver of Rights
		
	 1.
	 	Except as otherwise specified herein, the obligations of the Borrower hereunder are independent obligations, and are not affected by the relationship of any party to any other third
party.
		
	 2.
	 	If the Trustor shall give the Borrower any waiver, variance, indulgence or extension in the exercise of its rights hereunder, it shall not affect, harm or limit the rights of the
Trustor hereunder or under applicable laws or regulations, and shall not constitute a waiver of the rights of the Trustor or the Lender hereunder.

			
		
	 Article 20
	  	Exhibits
		
	 1.
	  	The exhibits to this Agreement are:
		
	 	  	 •      Guarantee of Entrusted Loan Agreement

		
	 	  	 •      Equity Interest Pledge Contract

		
	 	  	 •      Equity Interest Pledge Agreement

	
	               and their related documents.
		
	 2.
	  	The exhibits shall constitute an integral part of this Agreement, and be of equal effect.
		
	 Article 21
	  	Modification; Supplement and Interpretation
		
	 1.
	  	This Agreement can not be amended or supplemented without all parties’ written consents. Any amendments or supplements shall constitute an integral part of this Agreement, and be of
equal effect.
		
	 2.
	  	If any provision of this Agreement becomes invalid, illegal or unenforceable due to the change of laws, regulations or judicial interpretation, the validity, legality and enforceability of
other provisions shall not be affected. All signing parties shall revise those invalid, illegal or unenforceable provisions under such circumstances.
		
	 3.
	  	Any matters not covered by this Agreement shall be solved by discussion.
		
	 Article 22
	  	Disputes Resolution; Governing Law; Waiver
		
	 1.
	  	This Agreement shall be governed by, and construed in accordance with the laws of the PRC. Any dispute, controversy or claim among the parties to this Agreement arising out of or in
connection with this Agreement may be solved by negotiation. If the dispute cannot be settled by negotiation, each party can sue under the court which has the jurisdiction.
		
	 2.
	  	All costs in relation to the lawsuits shall be borne by the Borrower, unless otherwise determined by the court.
		
	 3.
	  	The terms of this agreement shall continue in force notwithstanding the lawsuits. No party can refuse to perform this Agreement based on any lawsuits.
		
	 4.
	  	The execution and performance of this Agreement by the Borrower are civil activities. The Borrower cannot take any economic or administrative actions against the Trustor or bring any petition
against the jurisdiction, judgment or execution decision based on any waiver or exemption that it is entitled to.

					
	 Article 23
	  	Notice
		
	 1.
	  	Any notice or other document to be served under this Agreement may be delivered or sent to the Party to be served at its address and facsimile number appearing
below:
			
	 	  	Trustor:	 	Yanzhou Coal Mining Company Limited
	 	  	Address:	 	298 South Fushan Road, Zoucheng City,
	 	  	 	 	Shandong Province, PRC
	 	  	Zip Code:	 	273500
	 	  	Fax No.:	 	0537-5382032
	 	  	Contact Person:	 	Zhou Qing Chung
			
	 	  	Entrusted Lender:	 	Bank of China Jijing Branch
	 	  	Address:	 	99 Guanghe Road, Jining City, Shandong Province
	 	  	Zip Code:	 	272100
	 	  	Fax No.:	 	0537-2609672
	 	  	Contact Person:	 	Qi Shao Hua
			
	 	  	Borrower:	 	Shandong Xinjia Industrial Company Limited
	 	  	Address:	 	138 Lishan Road, Jinan City, Shandong Province
	 	  	Zip Code:	 	250014
	 	  	Fax No.:	 	0531-2623329
	 	  	Contact Person:	 	Chen Chen
			
	 	  	Guarantor:	 	Lianda Group Corporation
	 	  	Address:	 	28 Qianfoshan West Road, Jinan City, Shandong Province
	 	  	Zip Code:	 	250014
	 	  	Fax No.:	 	0531-2950048
	 	  	Contact Person:	 	Liu Xu
		
	 3.
	  	Any change to the addresses above shall be notified to other parties immediately.
		
	 4.
	  	Any notice or document delivered to the addresses above shall be deemed to have been served:
		
	 	  	 (i)     if sent by post, on the fifth business day after the registered mail has been dispatched;
or

		
	 	  	 (ii)    if sent by facsimile process, on the day of dispatch; or

		
	 	  	 (iii)  if delivered, at the day of the receipt evidenced by recipient’s signature.

		
	 Article 24
	  	Effective
		
	 1.
	  	This Agreement shall become effective as of the date of the execution and shall be in full force and effect until the day that the principal and interest has been fully
repaid.
		
	 2.
	  	This Agreement shall be executed in four counterparts.

 Trustor:         Yanzhou Coal Mining Company Limited 
 Authorized signature: 
  
 Entrusted Lender:         Bank of China Jijing Branch 
 Authorized signature:

  
 Borrower:         Shandong Xinjia
Industrial Company Limited 
 Authorized signature: 
  
 Guarantor:         Lianda Group Corporation 
 Authorized signature: 
  
 Date: December 13, 2004 
 Location: Jinan City, Shandong 
  
 Exhibits: 
  

	•	 	Guarantee of Entrusted Loan Agreement 

  

	•	 	Equity Interest Pledge Contract 

  

	•	 	Equity Interest Pledge AgreementThe New On-going Connected Transaction Agreements

 EXHIBIT 4.4 
 Contract No.: [GL-06001] 
 YANKUANG GROUP CORPORATION LIMITED 
 AND 
 YANZHOU COAL MINING COMPANY
LIMITED 
  

 PROVISION OF MATERIALS AND WATER SUPPLY AGREEMENT 
  

 This agreement is entered into by the parties hereto on 10 January 2006 at Zoucheng, Shandong Province: 

Yankuang Group Corporation Limited, a State wholly-owned enterprise established and validly subsisting under the laws of the PRC (registration number of business
license for corporate legal person is 3700001801980), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Geng Jiahuai (hereinafter is referred to as the “Group Company”). 
 Yanzhou Coal Mining Company Limited, a joint stock limited company established and validly subsisting under the laws of the PRC and its shares are issued to the public
and listing on the Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. (registration number of business license for corporate legal person is Qi Gu Lu Zhong Ji No. 003929), whose address is at 298 South
Fushan Road, Zoucheng. Shandong Province and its legal representative is Wang Xin (hereinafter is referred to as the “Joint Stock Company”). 
 Whereas: 
  

	1.	The Group Company was the sole promoter and established the Joint Stock Company pursuant to the laws of the PRC on 25 September 1997. As a part of the Restructuring, the Group
Company inject the assets and liabilities mainly related to the business of production of operation of coal mining to the Joint Stock Company and retained the remaining assets and liabilities. 

  

	2.	The Joint Stock Company issued shares to the public and the shares were listed on Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. The
Group Company remained as the controlling shareholder of the Joint Stock Company after the listing. As at the date hereof, about 54.33% of the issued shares in the Joint Stock Company were held by the Group Company. 

  

	3.	On 17 October 1997, the Group Company and the Joint Stock Company entered into the Materials and Services Supply Agreement for the mutual supply of materials, property
management, medical and other staff benefit, staff training, maintenance and repair works of listed business assets, motor vehicle and rail motor vehicle transportation, heat, water, electricity and utilities (“Original Agreement”). The
term of the Original Agreement was ten years. 

  

 1 

	4.	On 30 October 2001, the Group Company and the Joint Stock Company entered into the Supplementary Agreement for the Materials and Services Supply Agreement (“Supplementary
Agreement (I)”), which was approved by the independent shareholders on 17 December 2001. On 29 May 2003, the Group Company and the Joint Stock Company entered into the Second Supplementary Agreement for the Materials and Services
Supply Agreement (“Supplementary Agreement (II)”), which was approved by the independent shareholders on 27 June 2003. 

  

	5.	On the basis of the regulatory provisions where the Joint Stock Company is listed and the latest development on the Group Company and the Joint Stock Company, the Group Company and
the Joint Stock Company intend to terminate the Original Agreement, the Supplementary Agreement (I) and the Supplementary Agreement (II), and enter into Ongoing Connected Transactions Agreements of similar nature between the Group Company
together with its subsidiaries and the Joint Stock Company together with its subsidiaries for the mutual supply of materials and services separately. In this agreement, where references are made to the provision of materials or services by the Group
Company or the Joint Stock Company, their respective subsidiaries are also included therein. 

 In accordance with the relevant laws and
regulations of the Contract Law of the People’s Republic of China and the regulatory provisions where the Joint Stock Company is listed, the Group Company enter into an agreement with the Joint Stock Company for matters on the provision of
materials and water supply upon amicable negotiation between both parties as follows: 
  

	1.	Definitions and Interpretations 

  

	 	1.1	Definitions 

 Unless otherwise defined herein, the
following terms shall have the following meanings in this agreement: 
  

			
	“Financial Year”	  	the financial year commencing from 1 January and ending on 31 December for each year;

  

 2 

			
	“Interim Period”	  	with respect to a financial year, the interim period either commencing from 1 January and ending on 30 June or commencing from 1 July and ending on 31 December;
		
	“Agreed Provision”	  	the provision of materials and water supply;
		
	“Hong Kong Stock Exchange”	  	The Stock Exchange of Hong Kong Limited
		
	“Market price”	  	where applicable, the calculation of market price for the Agreed Provision as contemplated under this agreement pursuant to Article 4.2
		
	“Materials & Supplies”	  	the provision of materials, equipment and supplies such as concrete by the Group Company and its subsidiaries to the Joint Stock Company and its subsidiaries pursuant to Article 2.1.1 of this
agreement
		
	“PRC”	  	The People’s Republic of China
		
	“Original Connected Transaction Agreements”	  	Original Agreement, Supplementary Agreement (I) and Supplementary Agreement (II);
		
	“RMB”	  	the lawful currency of the PRC;
		
	“State-prescribed price”	  	the price for the Agreed Provision as determined according to Article 4.3; and
		
	“Subsidiaries”	  	the controlling subsidiaries, non-controlling subsidiaries and other entities of the Group Company and the Joint Stock Company

  

 3 

	 	1.2	Interpretations 

 Unless otherwise in contrary, in
this agreement: 
  

	 	(1)	Words and terms used importing the singular include the plural and vice versa; 

  

	 	(2)	A party to this agreement or any other agreement includes its successor or authorized transferees; 

  

	 	(3)	Articles or clauses or annex refer to the articles or clauses or annexes of this agreement; 

  

	 	(4)	Any provision of this agreement shall not be construed as prohibiting the extension of this agreement or prohibiting the amendment, alteration or supplement to this agreement;

  

	 	(5)	The titles of sections to this agreement are provided for ease of reference only, and shall not affect the interpretation of this agreement. 

  

	2.	Agreed Provision 

  

	 	2.1	The Agreed Provision by the Group Company to the Joint Stock Company as contemplated hereunder include: 

  

	 	2.1.1	Materials & Supplies: concrete, rubber belts, electricity cable for mining, support wheels, timber, axles; mining equipment and machinery such as liquid pressure support
and rubber conveyors and other related material supplies; 

  

	 	2.1.2	Water supply. 

  

	 	2.2	The Group Company shall make available to the Joint Stock Company provision of materials and water supply as contemplated hereunder in 

  

 4 

	 	  	accordance with the terms of this agreement and specific conditions as agreed by both parties from time to time, including but not limited to quantity and quality.

  

	 	2.3	The Group Company undertakes to the Joint Stock Company that the price for provision of materials and water supply by the Group Company to the Joint Stock Company as contemplated
hereunder shall not be higher than the price offered by the Group Company to any independent third party for the same type of materials and water supply. Where appropriate, the Group Company will provide such materials and water supply to the Joint
Stock Company at a favourable price. 

  

	 	2.4	The Joint Stock Company may purchase Materials & Supplies and water supply from the Group Company in accordance with the terms and conditions as set out in this agreement.
For avoidance of doubt, apart from the Materials & Supplies and water supply confirmed to be purchased by the Joint Stock Company from the Group Company in writing from time to time, the Joint Stock Company is not obliged to purchase any
Materials & Supplies and water supply from the Group Company. 

  

	 	2.5	If the terms of provision of any materials and/or water supply by any third party are better than the terms offered by the Group Company or if the provision of such materials and/or
water by the Group Company cannot meet the demand of the Joint Stock Company in any aspect (in terms of quantity or quality), the Joint Stock Company shall be entitled to purchase any such materials or water supply from other third parties. For
avoidance of doubt, the Joint Stock Company is not required to obtain the provision of materials and water supply solely from the Group Company under any circumstances whatsoever. 

  

	3.	Operation Model 

  

	 	3.1	The Joint Stock Company may submit the plan on the demand for Materials & Supplies and water supply for the following year or the adjustment plan to the service items for
the current year (“Annual Provision Plan”) to the Group Company before 30 November each year. Both parties shall agree unanimously on the plan before 31 December of the current year. In the event the plan on the demand for
Materials & Supplies and water supply of the Joint Stock Company for the following year is the same as the current year, the Group Company is obliged to satisfy the plan. 

  

 5 

	 	3.2	Both parties and their respective subsidiaries shall enter into specific supply contract for the provision of Materials & Supplies and water supply pursuant to this
agreement (including the formulation of Annual Provision Plan pursuant to this agreement). 

  

	 	3.3	In the course of executing the Annual Provision Plan or the specific supply contract, where necessary and agreed by both parties, the Annual Provision Plan or the specific supply
contact may be adjusted. 

  

	 	3.4	The consideration for the Agreed Provision may be settled in one lump sum or installments. 

  

	 	3.5	Either party shall settle the amount due to the other party or credit the account of the other party in relation to the ongoing connected transactions for the current month latest
by the last business day of each calendar month. The amount incurred by the ongoing connected transactions for each calendar month shall be settled within the month immediately following, but not including the amounts involved in the transactions
not completed then and the amounts under disputes. 

  

	4.	Basis for the determination of price on the Agreed Provision 

  

	 	4.1	The price for the Agreed Provision shall be determined according to the Market price. Such Market price shall be calculated and estimated each year, if possible, prior to the
beginning of a financial year. 

  

	 	4.2	The price for the Agreed Provision shall be calculated according to the Market price to be determined according to normal commercial terms based on the following:

  

	 	(1)	the price at which the same or similar type of Agreed Provision provided by independent third parties under normal commercial terms in the ordinary course of their businesses in the
same area or in the vicinity; 

  

 6 

	 	(2)	if (1) above is not applicable, the price at which the same or similar type of Agreed Provision is to be provided by independent third parties under normal commercial terms in
the ordinary course of their businesses in the PRC. 

  

	 	4.3	In the event that at any time the state-prescribed price is effective and applicable to certain type of the Agreed Provision as contemplated under this agreement, both parties agree
to determine the price for such type of Agreed Provision according to the state-prescribed price. Such state-prescribed price means the price determined according to the laws, regulations, decisions, orders or pricing policy of the relevant PRC
government authorities applicable to such Agreed Provision, depending on specific conditions. 

  

	5.	Representations, undertakings and warranties of the Group Company 

  

	 	5.1	The Group Company is a State wholly-owned enterprise established pursuant to the laws, which has the independent status of legal person and currently has a valid business licence;

  

	 	5.2	The Group Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by the
laws; 

  

	 	5.3	The execution of this agreement and the performance of obligations under this agreement by the Group Company do not contravene any other agreement entered into by it or its articles
of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association.

  

	 	5.4	The Group Company undertakes to the Joint Stock Company that the terms for the provision of Materials & Supplies and water supply to the Joint Stock Company as contemplated
under this agreement shall not be less favourable than the terms of providing such Materials & Supplies and water supply to any independent third party by itself or its subsidiaries, depending as to the actual circumstances.

  

 7 

	 	5.5	The Group Company undertakes and warrants that it will provide such Materials & Supplies and water supply to the Joint Stock Company in accordance with the requirements and
standards negotiated between the Joint Stock Company and the Group Company from time to time. 

  

	 	5.6	The Group Company assures that there will be adequate and qualified staff to provide the Agreed Provision to the Joint Stock Company, and that its staff shall obtain sufficient
guidance and directions to provide such Materials & Supplies and water supply in accordance with the reasonable requirement of the Joint Stock Company. 

  

	 	5.7	The Group Company undertakes to the Joint Stock Company that in the course of providing any Agreed Provision as contemplated under this agreement, it will give priority in providing
such Materials & Supplies and water supply to the Joint Stock Company. The Joint Stock Company is entitled to the pre-emptive right with respect to the provision of such Materials & Supplies and water supply by the Group Company to
any third party (including, but not limited to any other third party related to the Group Company) in same terms. 

  

	 	5.8	In the event the Materials & Supplies and water supply as contemplated under this agreement is made available by the subsidiaries of the Group Company, the Group Company
undertakes to procure the relevant subsidiaries to provide such Materials & Supplies and water supply to the Joint Stock Company and / or its subsidiaries in accordance with the provisions of this agreement. 

  

	 	5.9	The Group Company undertakes to the Joint Stock Company that if its subsidiaries violate any provisions of this agreement in the Agreed Provision in accordance with this agreement,
the Group Company shall assume the liabilities as a result of the act of its subsidiaries in violating the provisions of this agreement. 

  

	 	5.10	The Group Company undertakes to the Joint Stock Company that the Group Company shall procure its subsidiaries to take all necessary actions to perform its obligations under this
agreement. 

  

 8 

	 	5.11	The Group Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result in any
damage to be suffered by the Joint Stock Company. The Group Company undertakes to indemnify the Joint Stock Company on all losses incurred by the Joint Stock Company arising therefrom. 

  

	6.	Representations, undertakings and warranties of the Joint Stock Company 

  

	 	6.1	The Joint Stock Company is a joint stock limited company established pursuant to the laws, which has the independent status of legal person and currently has a valid business
licence; 

  

	 	6.2	The Joint Stock Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by
the laws; 

  

	 	6.3	The execution of this agreement and the performance of obligations under this agreement by the Joint Stock Company do not contravene any other agreement entered into by it or its
articles of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association;

  

	 	6.4	The Joint Stock Company undertakes to settle with the Group Company the consideration for the Agreed Provision timely in accordance with the provisions of this Agreement;

  

	 	6.5	The Joint Stock Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result
in any damage to be suffered by the Group Company. The Joint Stock Company undertakes to indemnify the Group Company on all losses incurred by the Group Company arising therefrom. 

  

	7.	Termination in the Agreed Provision 

  

	 	7.1	In the event the Joint Stock Company fails to obtain similar type of Materials & Supplies and water supply in the Agreed Provision as contemplated under this agreement with
same terms from third parties conveniently, the Group Company shall not terminate the Agreed Provision under this agreement with any reason whatsoever. 

  

 9 

	 	7.2	Notwithstanding the aforesaid Article 7.1, any party to this agreement may give notice in writing to the other party of not less twelve months in advance to terminate the provision
or purchase of certain type of Materials & Supplies and water supply. It must be included in such termination notice which type of Materials & Supplies and water supply to be provided or purchased shall be terminated, and since
when the termination shall be effective. Such type of Materials & Supplies and water supply as set out in such notice shall automatically be terminated from provision or purchase from the date the termination becomes effective as set out in
such notice. If the provision of any Materials & Supplies and water supply is terminated according to this article, such termination shall not affect other rights and obligations of the Group Company or the Joint Stock Company under this
agreement. 

  

	 	7.3	For avoidance of doubt, both parties agree that when the Joint Stock Company gives the termination notice for the Agreed Provision in accordance with Article 7.2, the Group Company
must still provide the Agreed Provision to the Joint Stock company in accordance with the applicable provision terms (excluding the provision on the period of provision) prevailing since the date the notice is given until the date the termination
becomes effective. The applicable provisions prevailing shall include the relevant terms of the supplementary agreement executed in accordance with Article 8.3. 

  

	8.	Effectiveness, term and termination of the agreement 

  

	 	8.1	Save as otherwise agreed by both parties in writing, this agreement shall become effective after it is signed by the legal representatives or authorized representatives of both
parties and the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint
Stock Company are listed. 

  

 10 

	 	8.2	This agreement is valid for a term of three years commencing from 1 January 2006 and ending on 31 December 2008. The Original Connected Transactions Agreement shall cease to
execute after this agreement becomes effective. 

  

	 	8.3	If it is necessary to amend this agreement for any matters, both parties shall enter into supplementary agreements. Both parties shall enter into a supplementary agreement for the
relevant matters prior to the end of November of the year before the financial year the supplementary agreement is subjected to. In the event both parties fail to agree unanimously for the terms of the required supplementary agreement before the
above deadline, the terms of provision for the current year shall be applicable for the following financial year until both parties agree unanimously or the disputes between both parties were resolved pursuant to Article 8.4.

  

	 	8.4	If both parties fail to agree on any matter related to the transaction price, including but not limited to the amounts payable and the payment schedule, upon the request of any
parties, the matter shall submit to the Pricing Bureau of Zoucheng with the Pricing Bureau of Zoucheng as the mediator to determine the resolution method. The decision of the Pricing Bureau of Zoucheng shall be final and binding on both parties.

  

	 	8.5	Prior to the termination of this agreement, both parties of this agreement may negotiate jointly for entering into a new agreement for the provision of materials and water supply,
so as to ensure that the production and operation of both parties remain normal after the termination of this agreement. 

  

	 	8.6	In the event any part breaches any term of this agreement to a material extent (the “Breaching Party”) and the other party gives a written notice to the Breaching Party
notifying that such act constitutes a breaching act and demands the Breaching Party to take remedial action within the reasonable deadline prescribed by the other party in such notice, the other party may terminate this agreement forthwith if the
Breaching Party fails to take remedial action for such breaching act within the above-mentioned deadline. If the breaching act of the Breaching Party is irremediable, the other party may terminate this agreement forthwith. 

 

	 	8.7	The termination of this agreement shall not damage any rights or obligations already arisen for any party. 

  

 11 

	9.	Implementation of the agreement 

 In accordance with
the requirements in the regulatory provisions at the places where the Joint Stock Company are listed, including but not limited to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the Listing Rules of the
Shanghai Stock Exchange, the ongoing connected transactions as contemplated under this agreement shall have set an annual cap to its transaction amounts. If the annual cap related to the Agreed Provision requires the approval by the independent
shareholders of the Joint Stock Company, then whether such transactions will be conducted on an ongoing basis shall depend on the approval of the independent shareholders of the Joint Stock Company. If the actual amount incurred in such transactions
for a particular year exceeds the annual cap as approved by the independent shareholders of the Joint Stock Company, both parties shall suspend the Agreed Provision that would have exceed the annual cap as approved by the independent shareholders of
the Joint Stock Company until the Joint Stock Company has implemented the respective procedures for the consideration and approval in accordance with the regulatory provisions at the places where the Joint Stock Company are listed. 
  

	10.	Announcement 

 Without the written consent of any
party in advance, the other party shall not publish or allow other parties (that is subject to the control of the other party to this agreement) to publish any announcement related to the subject of this agreement or any relevant matters, save as
the announcements to be published in accordance with the laws or the regulatory provisions of China Securities Regulatory Commission, Shanghai Stock Exchange, Hong Kong Stock Exchange, Securities and Futures Commission in Hong Kong, New York Stock
Exchange Inc. and Securities and Exchange Commission in US or any other authorities at the places where the Joint Stock Company are listed. 
  

	11.	Miscellaneous 

  

	 	11.1	Without the written consent of the other party, any party shall not assign its rights or obligations under this agreement. 

  

 12 

	 	11.2	This agreement and its annex constitute the entire agreement for the matters as contemplated under this agreement, and substitutes all agreements related to such transactions
entered into previously between both parties. In the event one party (the “Breaching Party”) breaches any term in the Original Connected Transactions Agreement, the Original Connected Transactions Agreement shall terminate forthwith upon
the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company
are listed, notwithstanding any right obtained by the other party (the “Complying Party”) as a result of the breach by the Breaching Party being hampered and the claim to be raised against the Breaching Party being affected.

  

	 	11.3	If any term in this agreement becomes illegal, invalid or unenforceable at any time, other terms shall not be affected accordingly. 

  

	 	11.4	If any party fails to perform any obligation under this agreement in accordance with the provisions of this agreement as a result of any force majeure events, evidences shall be
timely provided together with a written notice to the other party, for which such failure to perform shall not be treated as any breaching act. The other party shall also agree to the performance of the relevant liabilities and obligations within a
reasonable period depending on the circumstances prevailing. 

  

	 	11.5	Both parties agree to assume the related fees and expenses arising from the execution of this agreement in accordance with that as provided by the relevant laws of the PRC. If the
same is not provided in any law, then such fees and expenses shall be equally allocated between both parties. 

  

	 	11.6	Amendment to this agreement or its annex shall be made in writing wherever possible, subject to signing by both parties and the corporate actions to be taken by both parties
wherever appropriate. 

  

	 	11.7	Unless provided otherwise herein, the exercise or delay in exercise of the rights, powers or privileges under this agreement by one party does not constitute the waiver of such
party on such rights, powers or privileges. The exercise of such rights, powers or privileges individually or in a portion does not exclude the exercise of any other rights, powers or privileges. 

  

 13 

	 	11.8	The annex to this agreement is an integral party of this agreement and shall have the same binding effect to this agreement as if it is included in this agreement.

  

	12.	Notices 

  

	 	12.1	Any notice or other documents to be delivered to both parties pursuant to this agreement shall be made in writing and to be sent by hand, by post or by fax to the addresses of such
party as follows: 

  

					
	(a)	  	Group Company:	  	Yankuang Group Corporation Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5382232
			
		  	Fax no.:	  	0537-5382831
			
	(b)	  	Joint Stock Company:	  	Yanzhou Coal Mining Company Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5384031
			
		  	Fax no.:	  	0537-5382032

  

	 	12.2	The timing for the delivery of the notices or documents: 

  

					
	(a)	  	By hand:	  	At the time when the notice or document is delivered
			
	(b)	  	By post:	  	Five (5) working days after the notice or document is posted (Saturdays, Sundays and public holidays in the PRC shall be not counted)
			
	(c)	  	By fax:	  	At the time when the fax is received. If the fax is received beyond the normal business hours, it will be deemed to be delivered in the normal business hours of the following days, except
Saturdays, Sundays and public holidays in the PRC, with the delivery report printed from the fax machine of the sender confirming the fax is transmitted completely.

  

 14 

	13.	Applicable laws and jurisdiction 

 This agreement is
governed by the laws of the PRC and shall be construed according to the laws of the PRC. Any dispute in connection with or arising from this agreement (including its subsistence, validity, termination or any issue related to the rights or
obligations of both parties under this agreement) shall be submitted to the Jining Arbitration Commission of Shandong Province for arbitration by any party after failing to resolve through amicable negotiation. The arbitration will be conducted at
Jining in accordance with the arbitration rules then effective of such arbitration commission at the time the submission is made. The award of arbitration shall be final and shall be binding on both parties. 
  

	14.	General 

 This agreement is made in Chinese.

 There are four counterparts to this agreement. Both parties to the agreement shall each hold two copies after they are signed by the legal
representatives or authorized representatives with seal affixed. Each copy of the agreement shall carry the same effect. 
  

 15 

 This agreement is executed on the date written on the first page above. 
 Yankuang Group Corporation Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed]

 Yanzhou Coal Mining Company Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed] 
  

 16 

 Annex: Provision of Materials & Supplies and water supply by the Group Company to the Joint Stock Company

  

									
	No.	  	 Items
	  	 Pricing Basis
	  	 Term
	  	 Notice period
 for termination

	1	  	Materials & Supplies (including but not limited to materials and equipment such as concrete, rubber belts, electricity cables)	  	Market price	  	3 years	  	12 months
					
	2	  	Water supply	  	Market price	  	3 years	  	12 months

  

 17 

 Contract No.: [GL-06002] 
 YANKUANG GROUP CORPORATION LIMITED 
 AND 
 YANZHOU COAL MINING COMPANY LIMITED 
  

 PROVISION OF ELECTRICITY AGREEMENT 
  

 This agreement is entered into by the parties hereto on 10 January 2006 at
Zoucheng, Shandong Province: 
 Yankuang Group Corporation Limited, a State wholly-owned enterprise established and validly subsisting under the laws of the
PRC (registration number of business license for corporate legal person is 3700001801980), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Geng Jiahuai (hereinafter is referred to as the
“Group Company”). 
 Yanzhou Coal Mining Company Limited, a joint stock limited company established and validly subsisting under the laws of the
PRC and its shares are issued to the public and listing on the Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. (registration number of business license for corporate legal person is Qi Gu Lu Zhong Ji
No. 003929), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Wang Xin (hereinafter is referred to as the “Joint Stock Company”). 
 Whereas: 
  

	1.	The Group Company was the sole promoter and established the Joint Stock Company pursuant to the laws of the PRC on 25 September 1997. As a part of the Restructuring, the Group
Company inject the assets and liabilities mainly related to the business of production of operation of coal mining to the Joint Stock Company and retained the remaining assets and liabilities. 

  

	2.	The Joint Stock Company issued shares to the public and the shares were listed on Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. The
Group Company remained as the controlling shareholder of the Joint Stock Company after the listing. As at the date hereof, about 54.33% of the issued shares in the Joint Stock Company were held by the Group Company. 

  

	3.	On 17 October 1997, the Group Company and the Joint Stock Company entered into the Materials and Services Supply Agreement for the mutual supply of materials, property
management, medical and other staff benefit, staff training, maintenance and repair works of listed business assets, motor vehicle and rail motor vehicle transportation, heat, water, electricity and utilities (“Original Agreement”). The
term of the Original Agreement was ten years. 

  

 1 

	4.	On 30 October 2001, the Group Company and the Joint Stock Company entered into the Supplementary Agreement for the Materials and Services Supply Agreement (“Supplementary
Agreement (I)”), which was approved by the independent shareholders on 17 December 2001. On 29 May 2003, the Group Company and the Joint Stock Company entered into the Second Supplementary Agreement for the Materials and Services
Supply Agreement (“Supplementary Agreement (II)”), which was approved by the independent shareholders on 27 June 2003. 

  

	5.	On the basis of the regulatory provisions where the Joint Stock Company is listed and the latest development on the Group Company and the Joint Stock Company, the Group Company and
the Joint Stock Company intend to terminate the Original Agreement, the Supplementary Agreement (I) and the Supplementary Agreement (II), and enter into Ongoing Connected Transactions Agreements of similar nature between the Group Company
together with its subsidiaries and the Joint Stock Company together with its subsidiaries for the mutual supply of materials and services separately. In this agreement, where references are made to the provision of materials (including electricity)
or services by the Group Company or the Joint Stock Company, their respective subsidiaries are also included therein. 

  

	6.	The Group Company is equipped with power supply systems covering the mining areas (including the headquarters of the Joint Stock Company and the underground coal mines of the Joint
Stock Company) and capabilities of power generation, and is capable to provide the electricity required by the Joint Stock Company and its underground coal mines. 

 In accordance with the relevant laws and regulations of the Contract Law of the People’s Republic of China and the regulatory provisions where the Joint Stock Company is listed, the Group Company enter into an
agreement with the Joint Stock Company for matters on the provision of electricity upon amicable negotiation between both parties as follows: 
  

	1.	Definitions and Interpretations 

  

	 	1.1	Definitions 

 Unless otherwise defined herein, the
following terms shall have the following meanings in this agreement: 
  

 2 

			
	“Financial Year”	  	the financial year commencing from 1 January and ending on 31 December for each year;
		
	“Interim Period”	  	with respect to a financial year, the interim period either commencing from 1 January and ending on 30 June or commencing from 1 July and ending on 31 December;
		
	“Hong Kong Stock Exchange”	  	The Stock Exchange of Hong Kong Limited
		
	“PRC”	  	The People’s Republic of China;
		
	“Original Connected Transaction Agreements”	  	Original Agreement, Supplementary Agreement (I) and Supplementary Agreement (II);
		
	“RMB”	  	the lawful currency of the PRC;
		
	“State-prescribed price”	  	the price for the provision of electricity as determined according to Article 4.2; and
		
	“Subsidiaries”	  	the controlling subsidiaries, non-controlling subsidiaries and other entities of the Group Company and the Joint Stock Company

  

	 	1.2	Interpretations 

 Unless otherwise in contrary, in
this agreement: 
  

	 	(1)	Words and terms used importing the singular include the plural and vice versa; 

  

 3 

	 	(2)	A party to this agreement or any other agreement includes its successor or authorized transferees; 

  

	 	(3)	Articles or clauses or annex refer to the articles or clauses or annexes of this agreement; 

  

	 	(4)	Any provision of this agreement shall not be construed as prohibiting the extension of this agreement or prohibiting the amendment, alteration or supplement to this agreement;

  

	 	(5)	The titles of sections to this agreement are provided for ease of reference only, and shall not affect the interpretation of this agreement. 

  

	2.	Provision of Electricity 

  

	 	2.1	The Group Company shall make available to the Joint Stock Company the provision of electricity as contemplated hereunder in accordance with the terms of this agreement and specific
conditions as agreed by both parties from time to time. 

  

	 	2.2	The Group Company undertakes to the Joint Stock Company that the price for the provision of electricity by the Group Company to the Joint Stock Company as contemplated hereunder
shall not be higher than the price offered by the Group Company to any independent third party. Where appropriate, the Group Company will provide electricity to the Joint Stock Company at a favourable price. 

  

	 	2.3	If the terms of provision of electricity by any third party are better than the terms offered by the Group Company or if the provision of electricity by the Group Company cannot
meet the demand of the Joint Stock Company, the Joint Stock Company shall be entitled to purchase electricity from other third parties. For avoidance of doubt, the Joint Stock Company is not required to obtain the provision of electricity solely
from the Group Company under any circumstances whatsoever. 

  

 4 

	3.	Operation Model 

  

	 	3.1	The Joint Stock Company may submit the plan on the demand for electricity for the following year or the adjustment plan to the service items for the current year (“Annual
Provision Plan”) to the Group Company before 30 November each year. Both parties shall agree unanimously on the plan before 31 December of the current year. In the event the plan on the demand for electricity of the Joint Stock
Company for the following year is the same as the current year, the Group Company is obliged to satisfy the plan. 

  

	 	3.2	Both parties and their respective subsidiaries shall enter into specific supply contract for the provision of electricity pursuant to this agreement (including the formulation of
Annual Provision Plan pursuant to this agreement). 

  

	 	3.3	In the course of executing the Annual Provision Plan or the specific supply contract, where necessary and agreed by both parties, the Annual Provision Plan or the specific supply
contact may be adjusted. 

  

	 	3.4	The consideration for the provision of electricity may be settled in one lump sum or installments. 

  

	 	3.5	Either party shall settle the amount due to the other party or credit the account of the other party in relation to the ongoing connected transactions for the current month latest
by the last business day of each calendar month. The amount incurred by the ongoing connected transactions for each calendar month shall be settled within the month immediately following, but not including the amounts involved in the transactions
not completed then and the amounts under disputes. 

  

	4.	Basis for the determination of price on the provision of electricity 

  

	 	4.1	The Group Company shall supply electricity to the Joint Stock Company at a price to be agreed and confirmed by the parties from time to time (“Agreed Price”), provided
that such price shall be determined upon normal commercial terms and not higher than the price at which the Joint Stock Company could purchase power from the Shandong Power Grid. 

  

 5 

	 	4.2	In the event that at any time the state-prescribed price is effective and applicable to the provision of electricity as contemplated under this agreement, both parties agree to
determine the price for electricity according to the state-prescribed price. Such state-prescribed price means the price determined according to the laws, regulations, decisions, orders or pricing policy of the relevant PRC government authorities
applicable to such supply, depending on specific conditions. 

  

	5.	Representations, undertakings and warranties of the Group Company 

  

	 	5.1	The Group Company is a State wholly-owned enterprise established pursuant to the laws, which has the independent status of legal person and currently has a valid business licence;

  

	 	5.2	The Group Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by the
laws; 

  

	 	5.3	The execution of this agreement and the performance of obligations under this agreement by the Group Company do not contravene any other agreement entered into by it or its articles
of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association.

  

	 	5.4	The Group Company undertakes to the Joint Stock Company that the terms for the provision of electricity to the Joint Stock Company as contemplated under this agreement shall not be
less favourable than the terms of providing electricity to any independent third party by itself or its subsidiaries, depending as to the actual circumstances. 

  

	 	5.5	The Group Company undertakes and warrants that it will provide electricity to the Joint Stock Company in accordance with the requirements and standards negotiated between the Joint
Stock Company and the Group Company from time to time. 

  

	 	5.6	The Group Company assures that there will be adequate and qualified staff to provide electricity to the Joint Stock Company, and that its staff shall obtain sufficient guidance and
directions to provide electricity in accordance with the reasonable requirement of the Joint Stock Company. 

  

 6 

	 	5.7	The Group Company undertakes to the Joint Stock Company that in the course of providing electricity as contemplated under this agreement, it will give priority in providing
electricity to the Joint Stock Company. The Joint Stock Company is entitled to the pre-emptive right with respect to the provision of electricity by the Group Company to any third party (including, but not limited to any other third party related to
the Group Company) in same terms. 

  

	 	5.8	In the event the provision of electricity as contemplated under this agreement is made available by the subsidiaries of the Group Company, the Group Company undertakes to procure
the relevant subsidiaries to provide electricity to the Joint Stock Company and / or its subsidiaries in accordance with the provisions of this agreement. 

  

	 	5.9	The Group Company undertakes to the Joint Stock Company that if its subsidiaries violate any provisions of this agreement in the provision of electricity in accordance with this
agreement, the Group Company shall assume the liabilities as a result of the act of its subsidiaries in violating the provisions of this agreement. 

  

	 	5.10	The Group Company undertakes to the Joint Stock Company that the Group Company shall procure its subsidiaries to take all necessary actions to perform its obligations under this
agreement. 

  

	 	5.11	The Group Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result in any
damage to be suffered by the Joint Stock Company. The Group Company undertakes to indemnify the Joint Stock Company on all losses incurred by the Joint Stock Company arising therefrom. 

  

	6.	Representations, undertakings and warranties of the Joint Stock Company 

  

	 	6.1	The Joint Stock Company is a joint stock limited company established pursuant to the laws, which has the independent status of legal person and currently has a valid business
licence; 

  

 7 

	 	6.2	The Joint Stock Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by
the laws; 

  

	 	6.3	The execution of this agreement and the performance of obligations under this agreement by the Joint Stock Company do not contravene any other agreement entered into by it or its
articles of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association;

  

	 	6.4	The Joint Stock Company undertakes to settle with the Group Company the consideration for the provision of electricity timely in accordance with the provisions of this Agreement;

  

	 	6.5	The Joint Stock Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result
in any damage to be suffered by the Group Company. The Joint Stock Company undertakes to indemnify the Group Company on all losses incurred by the Group Company arising therefrom. 

  

	7.	Termination in the provision of electricity 

  

	 	7.1	In the event the Joint Stock Company fails to obtain electricity as contemplated under this agreement with same terms from third parties conveniently, the Group Company shall not
terminate the provision of electricity under this agreement with any reason whatsoever. 

  

	 	7.2	Notwithstanding the aforesaid Article 7.1, any party to this agreement may give notice in writing to the other party of not less twelve months in advance to terminate the provision
or purchase of electricity. It must be included in such termination notice since when electricity to be provided/purchased shall be terminated. The provision of electricity as contemplated under this agreement shall automatically be terminated from
the date of termination as set out in such notice. Such termination shall not affect other rights and obligations of the Group Company or the Joint Stock Company under this agreement. 

  

 8 

	 	7.3	For avoidance of doubt, both parties agree that when the Joint Stock Company gives the termination notice for the provision of electricity in accordance with Article 7.2, the Group
Company must still provide electricity to the Joint Stock company in accordance with the applicable provision terms (excluding the provision on the period of provision) prevailing since the date the notice is given until the date the termination
becomes effective. The applicable provisions prevailing shall include the relevant terms of the supplementary agreement executed in accordance with Article 8.3. 

  

	8.	Effectiveness, term and termination of the agreement 

  

	 	8.1	Save as otherwise agreed by both parties in writing, this agreement shall become effective after it is signed by the legal representatives or authorized representatives of both
parties and the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint
Stock Company are listed. 

  

	 	8.2	This agreement is valid for a term of three years commencing from 1 January 2006 and ending on 31 December 2008. The Original Connected Transactions Agreement shall cease
to execute after this agreement becomes effective. 

  

	 	8.3	If it is necessary to amend this agreement for any matters, both parties shall enter into supplementary agreements. Both parties shall enter into a supplementary agreement for the
relevant matters prior to the end of November of the year before the financial year the supplementary agreement is subjected to. In the event both parties fail to agree unanimously for the terms of the required supplementary agreement before the
above deadline, the terms of provision for the current year shall be applicable for the following financial year until both parties agree unanimously or the disputes between both parties were resolved pursuant to Article 8.4.

  

 9 

	 	8.4	If both parties fail to agree on any matter related to the transaction price, including but not limited to the amounts payable and the payment schedule, upon the request of any
parties, the matter shall submit to the Pricing Bureau of Zoucheng with the Pricing Bureau of Zoucheng as the mediator to determine the resolution method. The decision of the Pricing Bureau of Zoucheng shall be final and binding on both parties.

  

	 	8.5	Prior to the termination of this agreement, both parties of this agreement may negotiate jointly for entering into a new agreement for the provision of electricity, so as to ensure
that the production and operation of both parties remain normal after the termination of this agreement. 

  

	 	8.6	In the event any part breaches any term of this agreement to a material extent (the “Breaching Party”) and the other party gives a written notice to the Breaching Party
notifying that such act constitutes a breaching act and demands the Breaching Party to take remedial action within the reasonable deadline prescribed by the other party in such notice, the other party may terminate this agreement forthwith if the
Breaching Party fails to take remedial action for such breaching act within the above-mentioned deadline. If the breaching act of the Breaching Party is irremediable, the other party may terminate this agreement forthwith. 

 

	 	8.7	The termination of this agreement shall not damage any rights or obligations already arisen for any party. 

  

	9.	Implementation of the agreement 

 In accordance with
the requirements in the regulatory provisions at the places where the Joint Stock Company are listed, including but not limited to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the Listing Rules of the
Shanghai Stock Exchange, the transactions for the provision of electricity as contemplated under this agreement shall have set an annual cap to its transaction amounts. If such annual cap requires the approval by the independent shareholders of the
Joint Stock Company, then whether such transactions will be conducted on an ongoing basis shall depend on the approval of the independent shareholders of the Joint Stock Company. If the actual amount incurred in such transactions for a particular
year exceeds the annual cap as approved by the independent shareholders of the Joint Stock 
  

 10 

 Company, both parties shall suspend the provision of electricity that would have exceed the annual cap as
approved by the independent shareholders of the Joint Stock Company until the Joint Stock Company has implemented the respective procedures for the consideration and approval in accordance with the regulatory provisions at the places where the Joint
Stock Company are listed. 
  

	10.	Announcement 

 Without the written consent of any
party in advance, the other party shall not publish or allow other parties (that is subject to the control of the other party to this agreement) to publish any announcement related to the subject of this agreement or any relevant matters, save as
the announcements to be published in accordance with the laws or the regulatory provisions of China Securities Regulatory Commission, Shanghai Stock Exchange, Hong Kong Stock Exchange, Securities and Futures Commission in Hong Kong, New York Stock
Exchange Inc. and Securities and Exchange Commission in US or any other authorities at the places where the Joint Stock Company are listed. 
  

	11.	Miscellaneous 

  

	 	11.1	Without the written consent of the other party, any party shall not assign its rights or obligations under this agreement. 

  

	 	11.2	This agreement and its annex constitute the entire agreement for the matters as contemplated under this agreement, and substitutes all agreements related to such transactions
entered into previously between both parties. In the event one party (the “Breaching Party”) breaches any term in the Original Connected Transactions Agreement, the Original Connected Transactions Agreement shall terminate forthwith upon
the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company
are listed, notwithstanding any right obtained by the other party (the “Complying Party”) as a result of the breach by the Breaching Party being hampered and the claim to be raised against the Breaching Party being affected.

  

	 	11.3	If any term in this agreement becomes illegal, invalid or unenforceable at any time, other terms shall not be affected accordingly. 

  

 11 

	 	11.4	If any party fails to perform any obligation under this agreement in accordance with the provisions of this agreement as a result of any force majeure events, evidences shall be
timely provided together with a written notice to the other party, for which such failure to perform shall not be treated as any breaching act. The other party shall also agree to the performance of the relevant liabilities and obligations within a
reasonable period depending on the circumstances prevailing. 

  

	 	11.5	Both parties agree to assume the related fees and expenses arising from the execution of this agreement in accordance with that as provided by the relevant laws of the PRC. If the
same is not provided in any law, then such fees and expenses shall be equally allocated between both parties. 

  

	 	11.6	Amendment to this agreement or its annex shall be made in writing wherever possible, subject to signing by both parties and the corporate actions to be taken by both parties
wherever appropriate. 

  

	 	11.7	Unless provided otherwise herein, the exercise or delay in exercise of the rights, powers or privileges under this agreement by one party does not constitute the waiver of such
party on such rights, powers or privileges. The exercise of such rights, powers or privileges individually or in a portion does not exclude the exercise of any other rights, powers or privileges. 

  

	 	11.8	The annex to this agreement is an integral party of this agreement and shall have the same binding effect to this agreement as if it is included in this agreement.

  

	12.	Notices 

  

	 	12.1	Any notice or other documents to be delivered to both parties pursuant to this agreement shall be made in writing and to be sent by hand, by post or by fax to the addresses of such
party as follows: 

  

					
	(a)	  	Group Company:	  	Yankuang Group Corporation Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5382232
			
		  	Fax no.:	  	0537-5382831

  

 12 

					
	(b)	  	Joint Stock Company:	  	Yanzhou Coal Mining Company Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5384031
			
		  	Fax no.:	  	0537-5382032

  

	 	12.2	The timing for the delivery of the notices or documents: 

  

					
	(a)	 	By hand:	  	At the time when the notice or document is delivered
			
	(b)	 	By post:	  	Five (5) working days after the notice or document is posted (Saturdays, Sundays and public holidays in the PRC shall be not counted)
			
	(c)	 	By fax:	  	At the time when the fax is received. If the fax is received beyond the normal business hours, it will be deemed to be delivered in the normal business hours of the following days, except
Saturdays, Sundays and public holidays in the PRC, with the delivery report printed from the fax machine of the sender confirming the fax is transmitted completely.

  

	13.	Applicable laws and jurisdiction 

 This agreement is
governed by the laws of the PRC and shall be construed according to the laws of the PRC. Any dispute in connection with or arising from this agreement (including its subsistence, validity, termination or any issue related to the rights or
obligations of both parties under this agreement) shall be submitted to the Arbitration Commission of Jining, Shandong Province for arbitration by any party after failing to resolve through amicable negotiation. The arbitration will be conducted at
Jining in accordance with the arbitration rules then effective of such arbitration commission at the time the submission is made. The award of arbitration shall be final and shall be binding on both parties. 
  

 13 

	14.	General 

 This agreement is made in Chinese.

 There are four counterparts to this agreement. Both parties to the agreement shall each hold two copies after they are signed by the legal
representatives or authorized representatives with seal affixed. Each copy of the agreement shall carry the same effect. 
  

 14 

 This agreement is executed on the date written on the first page above. 
 Yankuang Group Corporation Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed]

 Yanzhou Coal Mining Company Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed] 
  

 15 

	Annex:	Provision of electricity by the Group Company to the Joint Stock Company 

  

							
	 Item
	  	 Pricing Basis
	  	 Term
	  	 Notice period
 for termination

	Provision of electricity	  	Agreed price	  	3 years	  	12 months

  

 16 

 Contract No.: [GL-06004] 
 YANKUANG GROUP CORPORATION LIMITED 
 AND 
 YANZHOU COAL MINING COMPANY LIMITED 
  

 PROVISION OF LABOUR AND SERVICES AGREEMENT 
  

 This agreement is entered into by the parties hereto on 10 January 2006 at Zoucheng, Shandong Province: 

Yankuang Group Corporation Limited, a State wholly-owned enterprise established and validly subsisting under the laws of the PRC (registration number of business
license for corporate legal person is 3700001801980), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Geng Jiahuai (hereinafter is referred to as the “Group Company”). 
 Yanzhou Coal Mining Company Limited, a joint stock limited company established and validly subsisting under the laws of the PRC and its shares are issued to the public
and listing on the Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. (registration number of business license for corporate legal person is Qi Gu Lu Zhong Ji No. 003929), whose address is at 298 South
Fushan Road, Zoucheng. Shandong Province and its legal representative is Wang Xin (hereinafter is referred to as the “Joint Stock Company”). 
 Whereas: 
  

	1.	The Group Company was the sole promoter and established the Joint Stock Company pursuant to the laws of the PRC on 25 September 1997. As a part of the Restructuring, the Group
Company inject the assets and liabilities mainly related to the business of production of operation of coal mining to the Joint Stock Company and retained the remaining assets and liabilities. 

  

	2.	The Joint Stock Company issued shares to the public and the shares were listed on Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. The
Group Company remained as the controlling shareholder of the Joint Stock Company after the listing. As at the date hereof, about 54.33% of the issued shares in the Joint Stock Company were held by the Group Company. 

  

	3.	On 17 October 1997, the Group Company and the Joint Stock Company entered into the Materials and Services Supply Agreement for the mutual supply of materials, property
management, medical and other staff benefit, staff training, maintenance and repair works of listed business assets, motor vehicle and rail motor vehicle transportation, heat, water, electricity and utilities (“Original Agreement”). The
term of the Original Agreement was ten years. 

  

 1 

	4.	On 30 October 2001, the Group Company and the Joint Stock Company entered into the Supplementary Agreement for the Materials and Services Supply Agreement (“Supplementary
Agreement (I)”), which was approved by the independent shareholders on 17 December 2001. On 29 May 2003, the Group Company and the Joint Stock Company entered into the Second Supplementary Agreement for the Materials and Services
Supply Agreement (“Supplementary Agreement (II)”), which was approved by the independent shareholders on 27 June 2003. 

  

	5.	On the basis of the regulatory provisions where the Joint Stock Company is listed and the latest development on the Group Company and the Joint Stock Company, the Group Company and
the Joint Stock Company intend to terminate the Original Agreement, the Supplementary Agreement (I) and the Supplementary Agreement (II), and enter into Ongoing Connected Transactions Agreements of similar nature between the Group Company
together with its subsidiaries and the Joint Stock Company together with its subsidiaries for the mutual supply of materials and services separately. In this agreement, where references are made to the provision of materials or services by the Group
Company or the Joint Stock Company, their respective subsidiaries are also included therein. 

  

	6.	The Group Company is equipped with the capabilities and qualifications recognized by the State to construct pit, pit alley and ground projects, and will continue to provide
construction services to the Joint Stock Company. 

  

	7.	The Group Company will continue to provide telecommunication services to the Joint Stock Company. 

  

	8.	The Group Company will continue to deploy its truck team to provide transportation services to the Joint Stock Company for the coal and purchased materials such as short trip
transportation and assistance to remove coal mine waste. 

  

	9.	The Group Company will continue to provide environmental and sanitary services to the Joint Stock Company. 

  

	10.	The Group Company will continue to provide police and fire services to the Joint Stock Company. 

  

 2 

	11.	The Group Company will continue to provide heat and gas supply services to the Joint Stock Company. 

  

	12.	The Group Company will continue to manage the dormitory and real estates rented and owned by the employees of the Joint Stock Company. 

  

	13.	The Group Company will continue to provide education services to the children of the Joint Stock Company’s employees through the schools established by it.

  

	14.	The Group Company will continue to provide civil army training services to the Joint Stock Company. 

  

	15.	The Group Company will continue to provide technical training services to the employees of the Joint Stock Company. 

  

	16.	The Group Company will continue to provide medical, child care and other social welfare services to the employees of the Joint Stock Company. 

 In accordance with the relevant laws and regulations of the Contract Law of the People’s Republic of China and the regulatory provisions where the Joint Stock
Company is listed, the Group Company enter into an agreement with the Joint Stock Company for matters on the provision of labour and services upon amicable negotiation between both parties as follows: 
  

	1.	Definitions and Interpretations 

  

	 	1.1	Definitions 

 Unless otherwise defined herein, the
following terms shall have the following meanings in this agreement: 
  

			
	“Financial Year”	  	the financial year commencing from 1 January and ending on 31 December for each year;
		
	“Interim Period”	  	with respect to a financial year, the interim period either commencing from 1 January and ending on 30 June or commencing from 1 July and ending on 31 December;

  

 3 

			
	“Hong Kong Stock Exchange”	  	The Stock Exchange of Hong Kong Limited
		
	“PRC”	  	The People’s Republic of China;
		
	“Original Connected Transaction Agreements”	  	Original Agreement, Supplementary Agreement (I) and Supplementary Agreement (II);
		
	“RMB”	  	the lawful currency of the PRC;
		
	“Market price”	  	where applicable, the calculation of market price for the provision of labour and services as contemplated under this agreement pursuant to Article 4.2
		
	“Cost price”	  	the cost for the provision of labour and services contemplated under this agreement buy the Group Company or the cost paid for the purchase of such labour and services from third parties by the
Group Company and the additional cost of transmitting such labour and services to the Joint Stock Company by the Group Company;
		
	“State-prescribed price”	  	the price for the provision of labour and services as determined according to Article 4.3; and
		
	“Subsidiaries”	  	the controlling subsidiaries, non-controlling subsidiaries and other entities of the Group Company and the Joint Stock Company

  

 4 

	 	1.2	Interpretations 

 Unless otherwise in contrary, in
this agreement: 
  

	 	(1)	Words and terms used importing the singular include the plural and vice versa; 

  

	 	(2)	A party to this agreement or any other agreement includes its successor or authorized transferees; 

  

	 	(3)	Articles or clauses or annex refer to the articles or clauses or annexes of this agreement; 

  

	 	(4)	Any provision of this agreement shall not be construed as prohibiting the extension of this agreement or prohibiting the amendment, alteration or supplement to this agreement;

  

	 	(5)	The titles of sections to this agreement are provided for ease of reference only, and shall not affect the interpretation of this agreement. 

  

	2.	Provision of Labour and Services 

  

	 	2.1	The provision of labour and services by the Group Company to the Joint Stock Company as contemplated hereunder include: 

  

	 	(1)	Construction services. 

  

	 	(2)	Telecommunication services, including fixed line, Internet and related services. 

  

	 	(3)	Motor vehicle transportation. 

  

	 	(4)	Environmental services. 

  

 5 

	 	(5)	Police and fire services. 

  

	 	(6)	Heat and gas supply. 

  

	 	(7)	Property management. 

  

	 	(8)	Education for children. 

  

	 	(9)	Civil army training. 

  

	 	(10)	Technical training. 

  

	 	(11)	Medical, child care and social welfare services. 

  

	 	2.2	The Group Company shall make available to the Joint Stock Company the provision of labour and services as contemplated hereunder in accordance with the terms of this agreement and
specific conditions as agreed by both parties from time to time, including but not limited to quantity and quality. 

  

	 	2.3	The Group Company undertakes to the Joint Stock Company that the price for the provision of labour and services by the Group Company to the Joint Stock Company as contemplated
hereunder shall not be higher than the price offered by the Group Company to any independent third party for the same type of labour and services. Where appropriate, the Group Company will provide such labour and services to the Joint Stock Company
at a favourable price. The Joint Stock Company is not required to obtain the provision of labour and services solely from the Group Company. 

  

	3.	Operation Model 

  

	 	3.1	The Joint Stock Company may submit the plan on the demand for labour and services for the following year or the adjustment plan to the service items for the current year
(“Annual Provision Plan”) to the Group Company before 30 November each year. Both parties shall agree unanimously on the plan before 31 December of the current year. In the event the plan on the demand for labour and services of
the Joint Stock Company for the following year is the same as the current year, the Group Company is obliged to satisfy the plan. 

  

 6 

	 	3.2	Both parties and their respective subsidiaries shall enter into specific supply contract for the provision of labour and services pursuant to this agreement (including the
formulation of Annual Provision Plan pursuant to this agreement). 

  

	 	3.3	In the course of executing the Annual Provision Plan or the specific supply contract, where necessary and agreed by both parties, the Annual Provision Plan or the specific supply
contact may be adjusted. 

  

	 	3.4	The consideration for the provision of labour and services may be settled in one lump sum or installments. 

  

	 	3.5	Either party shall settle the amount due to the other party or credit the account of the other party in relation to the ongoing connected transactions for the current month latest
by the last business day of each calendar month. The amount incurred by the ongoing connected transactions for each calendar month shall be settled within the month immediately following, but not including the amounts involved in the transactions
not completed then and the amounts under disputes. 

  

	4.	Basis for the determination of price on the provision of labour and services 

  

	 	4.1	The price for construction services and telecommunication services shall be determined according to the Market price. Such Market price shall be calculated and estimated each year,
if possible, prior to the beginning of a financial year. 

  

	 	4.2	The price for construction services and telecommunication services shall be calculated according to the Market price to be determined according to normal commercial terms based on
the following: 

  

	 	(1)	the price at which the same or similar type of supplies or services provided by independent third parties under normal commercial terms in the ordinary course of their businesses in
the same area or in the vicinity; 

  

	 	(2)	if (1) above is not applicable, the price at which the same or similar type of supplies or services is to be provided by independent third parties under normal commercial terms
in the ordinary course of their businesses in the PRC. 

  

 7 

	 	4.3	The price of motor vehicle transportation services shall be determined according to the state-prescribed price. Such state-prescribed price means the price determined according to
the laws, regulations, decisions, orders or pricing policy of the relevant PRC government authorities applicable to such supply, depending on specific conditions. 

  

	 	4.4	With respect to environmental services, police and fire services, gas and heat supply services, property management services, education for children, civil army training, technical
training, both parties agree to determine the prices of such services on the basis of the cost price of such services. If it is required to calculate the cost price of such services, the Group Company shall provide the complete books and records to
the Joint Stock Company for calculating such cost price. 

  

	 	4.4.1	The final price for environmental services and gas and heat supply services shall be the total cost of such services incurred by the Group Company for the Joint Stock Company and
itself multiplied by the proportion of the area of the properties of the Joint Stock Company receiving such services to the total area of the properties of the Group Company and the Joint Stock Company receiving such services.

  

	 	4.4.2	The final price for police and fire services, property management services, education for children and civil army training shall be the total cost of such services incurred by the
Group Company for the Joint Stock Company and itself multiplied by the proportion of the number of staff of the Joint Stock Company receiving such services to the total number of staff of the Group Company and the Joint Stock Company receiving such
services. 

  

	 	4.4.3	The final price for technical training shall be the cost for training a staff by the Group Company multiplied by the actual number of staff of the Joint Stock Company being trained.

  

 8 

	 	4.5	The price for medical, child care and social welfare services shall be determined according to the state-prescribed price. In accordance with the laws, regulations, financial
management system in the PRC and the relevant provisions of the Ministry of Finance and Shandong Provincial Government in relation to the establishment of Basic Medical Insurance and Supplementary Medical Insurance System for Staff in Municipal and
County Area, the Joint Stock Company will make provision on welfare fees that is equivalent to 14% of the total annual salaries of its staff, and may elect to make provision for supplementary medical insurance premium that is equivalent to 4% of the
total annual salaries of its staff, which shall be tender to the Group Company for the settlement of the Company’s staff medical, child care and social welfare services, including but not limited to cultural, artistic, sports and entertainment
services, economic difficulties assistances, travel allowances and other welfare expenditures to be charged as provided by the State. 

  

	 	4.5.1	The Group Company shall settle the payment and administration of medical insurance funds for the Joint Stock Company. The Group Company shall make provision from the welfare fees
that is equivalent to 8% of the total annual salaries of the Joint Stock Company’s staff for the basic medical insurance funds payable by the Joint Stock Company; 

  

	 	4.5.2	The balance of welfare fees after deducting for the provision of basic medical insurance funds shall be applied to pay to the Group Company for the provision of child care and other
social welfare services to the staff of the Joint Stock Company. 

  

	 	4.5.3	The Joint Stock Company may elect to make provision for supplementary medical insurance premium that is equivalent to 4% of the total annual salaries of its staff.

  

	 	4.6	In the event that at any time the state-prescribed price is effective and applicable to the provision of labour and services as contemplated under this agreement, both parties agree
to determine the price for such labour and services according to the state-prescribed price. Such state-prescribed price is applicable to Article 4.3 of this agreement. 

  

 9 

	5.	Representations, undertakings and warranties of the Group Company 

  

	 	5.1	The Group Company is a State wholly-owned enterprise established pursuant to the laws, which has the independent status of legal person and currently has a valid business licence;

  

	 	5.2	The Group Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by the
laws; 

  

	 	5.3	The execution of this agreement and the performance of obligations under this agreement by the Group Company do not contravene any other agreement entered into by it or its articles
of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association.

  

	 	5.4	The Group Company undertakes to the Joint Stock Company that the terms for the provision of labour and services to the Joint Stock Company as contemplated under this agreement shall
not be less favourable than the terms of providing such labour and services to any independent third party by itself or its subsidiaries, depending as to the actual circumstances. 

  

	 	5.5	The Group Company undertakes and warrants that it will provide such labour and services to the Joint Stock Company in accordance with the requirements and standards negotiated
between the Joint Stock Company and the Group Company from time to time. 

  

	 	5.6	The Group Company assures that there will be adequate and qualified staff to provide such labour and services to the Joint Stock Company, and that its staff shall obtain sufficient
guidance and directions to provide such labour and services in accordance with the reasonable requirement of the Joint Stock Company. 

  

	 	5.7	The Group Company undertakes to the Joint Stock Company that in the course of providing such labour and services as contemplated under this agreement, it will give priority in
providing such labour and services to the Joint Stock Company. The Joint Stock Company is entitled to the 

  

 10 

 pre-emptive right with respect to the provision of such services by the Group Company to any third party
(including, but not limited to any other third party related to the Group Company) in same terms. 
  

	 	5.8	In the event the provision of labour and services as contemplated under this agreement is made available by the subsidiaries of the Group Company, the Group Company undertakes to
procure the relevant subsidiaries to provide such labour and services to the Joint Stock Company and / or its subsidiaries in accordance with the provisions of this agreement. 

  

	 	5.9	The Group Company undertakes to the Joint Stock Company that if its subsidiaries violate any provisions of this agreement in the provision of labour and services in accordance with
this agreement, the Group Company shall assume the liabilities as a result of the act of its subsidiaries in violating the provisions of this agreement. 

  

	 	5.10	The Group Company undertakes to the Joint Stock Company that the Group Company shall procure its subsidiaries to take all necessary actions to perform its obligations under this
agreement. 

  

	 	5.11	The Group Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result in any
damage to be suffered by the Joint Stock Company. The Group Company undertakes to indemnify the Joint Stock Company on all losses incurred by the Joint Stock Company arising therefrom. 

  

	6.	Representations, undertakings and warranties of the Joint Stock Company 

  

	 	6.1	The Joint Stock Company is a joint stock limited company established pursuant to the laws, which has the independent status of legal person and currently has a valid business
licence; 

  

	 	6.2	The Joint Stock Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by
the laws; 

  

	 	6.3	The execution of this agreement and the performance of obligations under 

  

 11 

 this agreement by the Joint Stock Company do not contravene any other agreement entered into by it or
its articles of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association; 

 

	 	6.4	The Joint Stock Company undertakes to settle with the Group Company the consideration for the provision of labour and services timely in accordance with the provisions of this
Agreement; 

  

	 	6.5	The Joint Stock Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result
in any damage to be suffered by the Group Company. The Joint Stock Company undertakes to indemnify the Group Company on all losses incurred by the Group Company arising therefrom. 

  

	7.	Termination in the provision of labour and services 

  

	 	7.1	In the event the Joint Stock Company fails to obtain certain type of labour and services as contemplated under this agreement with same terms from third parties conveniently, the
Group Company shall not terminate the provision of such labour and services under this agreement with any reason whatsoever. 

  

	 	7.2	Notwithstanding the aforesaid Article 7.1, any party to this agreement may give notice in writing to the other party of not less twelve months in advance to terminate the provision
or purchase of certain type of labour and services. It must be included in such termination notice which type of labour and services to be provided/purchased shall be terminated, and since when such type of labour and services to be
provided/purchased shall be terminated. Such type of labour and service as set out in such notice shall automatically be terminated from provision/purchase from the date of termination as set out in such notice. Such termination shall not affect
other rights and obligations of the Group Company or the Joint Stock Company under this agreement. 

  

	 	7.3	For avoidance of doubt, both parties agree that when the Joint Stock Company gives the termination notice for the provision of labour and 

  

 12 

 services in accordance with Article 7.2, the Group Company must still provide the labour and services to
the Joint Stock company in accordance with the applicable provision terms (excluding the provision on the period of provision) prevailing since the date the notice is given until the date the termination becomes effective. The applicable provisions
prevailing shall include the relevant terms of the supplementary agreement executed in accordance with Article 8.3. 
  

	8.	Effectiveness, term and termination of the agreement 

  

	 	8.1	Save as otherwise agreed by both parties in writing, this agreement shall become effective after it is signed by the legal representatives or authorized representatives of both
parties and the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint
Stock Company are listed. 

  

	 	8.2	This agreement is valid for a term of three years commencing from 1 January 2006 and ending on 31 December 2008. The Original Connected Transactions Agreement shall cease
to execute after this agreement becomes effective. 

  

	 	8.3	If it is necessary to amend this agreement for any matters, both parties shall enter into supplementary agreements. Both parties shall enter into a supplementary agreement for the
relevant matters prior to the end of November of the year before the financial year the supplementary agreement is subjected to. In the event both parties fail to agree unanimously for the terms of the required supplementary agreement before the
above deadline, the terms of provision for the current year shall be applicable for the following financial year until both parties agree unanimously or the disputes between both parties were resolved pursuant to Article 8.4.

  

	 	8.4	If both parties fail to agree on any matter related to the transaction price, including but not limited to the amounts payable and the payment schedule, upon the request of any
parties, the matter shall submit to the Pricing Bureau of Zoucheng with the Pricing Bureau of Zoucheng as the mediator to determine the resolution method. The decision of the Pricing Bureau of Zoucheng shall be final and binding on both parties.

  

 13 

	 	8.5	Prior to the termination of this agreement, both parties of this agreement may negotiate jointly for entering into a new agreement for the provision of labour and services, so as to
ensure that the production and operation of both parties remain normal after the termination of this agreement. 

  

	 	8.6	In the event any part breaches any term of this agreement to a material extent (the “Breaching Party”) and the other party gives a written notice to the Breaching Party
notifying that such act constitutes a breaching act and demands the Breaching Party to take remedial action within the reasonable deadline prescribed by the other party in such notice, the other party may terminate this agreement forthwith if the
Breaching Party fails to take remedial action for such breaching act within the above-mentioned deadline. If the breaching act of the Breaching Party is irremediable, the other party may terminate this agreement forthwith. 

 

	 	8.7	The termination of this agreement shall not damage any rights or obligations already arisen for any party. 

  

	9.	Implementation of the agreement 

 In accordance with
the requirements in the regulatory provisions at the places where the Joint Stock Company are listed, including but not limited to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the Listing Rules of the
Shanghai Stock Exchange, the ongoing connected transactions as contemplated under this agreement shall have set an annual cap to its transaction amounts. If the annual cap related to the labour and services transactions requires the approval by the
independent shareholders of the Joint Stock Company, then whether such transactions will be conducted on an ongoing basis shall depend on the approval of the independent shareholders of the Joint Stock Company. If the actual amount incurred in such
transactions for a particular year exceeds the annual cap as approved by the independent shareholders of the Joint Stock Company, both parties shall suspend the provision of labour and services that would have exceed the annual cap as approved by
the independent shareholders of the Joint Stock Company until the Joint Stock Company has implemented the respective procedures for the consideration and approval in accordance with the regulatory provisions at the places where the Joint Stock
Company are listed. 
  

 14 

	10.	Announcement 

 Without the written consent of any
party in advance, the other party shall not publish or allow other parties (that is subject to the control of the other party to this agreement) to publish any announcement related to the subject of this agreement or any relevant matters, save as
the announcements to be published in accordance with the laws or the regulatory provisions of China Securities Regulatory Commission, Shanghai Stock Exchange, Hong Kong Stock Exchange, Securities and Futures Commission in Hong Kong, New York Stock
Exchange Inc. and Securities and Exchange Commission in US or any other authorities at the places where the Joint Stock Company are listed. 
  

	11.	Miscellaneous 

  

	 	11.1	Without the written consent of the other party, any party shall not assign its rights or obligations under this agreement. 

  

	 	11.2	This agreement and its annex constitute the entire agreement for the matters as contemplated under this agreement, and substitutes all agreements related to such transactions
entered into previously between both parties. In the event one party (the “Breaching Party”) breaches any term in the Original Connected Transactions Agreement, the Original Connected Transactions Agreement shall terminate forthwith upon
the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company
are listed, notwithstanding any right obtained by the other party (the “Complying Party”) as a result of the breach by the Breaching Party being hampered and the claim to be raised against the Breaching Party being affected.

  

	 	11.3	If any term in this agreement becomes illegal, invalid or unenforceable at any time, other terms shall not be affected accordingly. 

  

	 	11.4	If any party fails to perform any obligation under this agreement in 

  

 15 

	 	  	accordance with the provisions of this agreement as a result of any force majeure events, evidences shall be timely provided together with a written notice to the other party, for
which such failure to perform shall not be treated as any breaching act. The other party shall also agree to the performance of the relevant liabilities and obligations within a reasonable period depending on the circumstances prevailing.

  

	 	11.5	Both parties agree to assume the related fees and expenses arising from the execution of this agreement in accordance with that as provided by the relevant laws of the PRC. If the
same is not provided in any law, then such fees and expenses shall be equally allocated between both parties. 

  

	 	11.6	Amendment to this agreement or its annex shall be made in writing wherever possible, subject to signing by both parties and the corporate actions to be taken by both parties
wherever appropriate. 

  

	 	11.7	Unless provided otherwise herein, the exercise or delay in exercise of the rights, powers or privileges under this agreement by one party does not constitute the waiver of such
party on such rights, powers or privileges. The exercise of such rights, powers or privileges individually or in a portion does not exclude the exercise of any other rights, powers or privileges. 

  

	 	11.8	The annex to this agreement is an integral party of this agreement and shall have the same binding effect to this agreement as if it is included in this agreement.

  

	12.	Notices 

  

	 	12.1	Any notice or other documents to be delivered to both parties pursuant to this agreement shall be made in writing and to be sent by post or by fax to the addresses of such party as
follows: 

  

					
	(a)	  	Group Company:	  	Yankuang Group Corporation Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province,
the People’s Republic of China

			
		  	Telephone no.:	  	0537-5382232
			
		  	Fax no.:	  	0537-5382831

  

 16 

					
	(b)	  	Joint Stock Company:	  	Yanzhou Coal Mining Company Limited
			
		  	Address:	  	298 South Fushan Road, Zoucheng. Shandong Province, the People’s Republic of China
			
		  	Telephone no.:	  	0537-5384031
			
		  	Fax no.:	  	0537-5382032

  

	12.2	The timing for the delivery of the notices or documents: 

  

					
	(a)	  	By hand:	  	At the time when the notice or document is delivered
			
	(b)	  	By post:	  	Five (5) working days after the notice or document is posted (Saturdays, Sundays and public holidays in the PRC shall be not counted)
			
	(c)	  	By fax:	  	At the time when the fax is received. If the fax is received beyond the normal business hours, it will be deemed to be delivered in the normal business hours of the following days, except
Saturdays, Sundays and public holidays in the PRC, with the delivery report printed from the fax machine of the sender confirming the fax is transmitted completely.

  

	13.	Applicable laws and jurisdiction 

  

	  	This agreement is governed by the laws of the PRC and shall be construed according to the laws of the PRC. Any dispute in connection with or arising from this agreement (including
its subsistence, validity, termination or any issue related to the rights or obligations of both parties under this agreement) shall be submitted to the Jining Arbitration Commission of Shandong Province for arbitration by any party after failing to
resolve through amicable negotiation. The arbitration will be conducted at Jining in accordance with the arbitration rules then effective of such arbitration commission at the time the submission is made. The award of arbitration shall be final and
shall be binding on both parties. 

  

 17 

	14.	General 

  

	  	This agreement is made in Chinese. 

  

	  	There are four counterparts to this agreement. Each party shall hold two copies after they are signed by the legal representatives or authorized representatives with seal affixed.
Each copy of the agreement shall carry the same effect. 

  

 18 

 This agreement is executed on the date written on the first page above. 
 Yankuang Group Corporation Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed] 
 Yanzhou Coal
Mining Company Limited 
 (with seal affixed) 
 Legal
representative or authorized representative: [signed] 
  

 19 

 Annex: Provision of labour and Services by the Group Company to the Joint Stock Company 
  

									
	 No.
	  	 Items
	  	 Pricing Basis
	  	Term	  	Notice period
for termination
	 1
	  	 Construction services
	  	Market price	  	3 years	  	12 months
					
	 2
	  	 Telecommunication services
	  	Market price	  	3 years	  	12 months
					
	 3
	  	 Motor vehicle transportation
	  	State-prescribed price	  	3 years	  	12 months
					
	 4
	  	 Environmental services
	  	To be determined on the basis of cost price, where the final price shall be the total cost of such services incurred by the Group Company for the Joint Stock Company and itself multiplied by the
proportion of the area of the properties of the Joint Stock Company receiving such services to the total area of the properties of the Group Company and the Joint Stock Company receiving such services.	  	3 years	  	12 months
					
	 5
	  	 Heat and gas supply
	  		  	3 years	  	12 months
					
	 6
	  	 Police and fire services
	  	To be determined on the basis of cost price, where the final price shall be the total cost of such services incurred by the Group Company for the Joint Stock Company and itself multiplied by the
proportion of the number of staff of the Joint Stock Company receiving such services to the total number of staff of the Group Company and the Joint Stock Company receiving such services	  	3 years	  	12 months
					
	 7
	  	 Property management
	  		  	3 years	  	12 months
					
	 8
	  	 Education for children
	  		  	3 years	  	12 months
					
	 9
	  	 Civil army training
	  		  	3 years	  	12 months
					
	 10
	  	 Technical training
	  	Cost price: the cost for training a staff by the Group Company multiplied by the actual number of staff of the Joint Stock Company being trained	  	3 years	  	12 months
					
	 11
	  	 Medical, child care and social welfare services
	  	State-prescribed price	  	3 years	  	12 months

  

 20 

 Contract No.: [GL-06003] 
 YANKUANG GROUP CORPORATION LIMITED 
 AND 
 YANZHOU COAL MINING COMPANY LIMITED 
  

 EQUIPMENT MAINTENANCE AND REPAIR WORKS AGREEMENT 
  

 This agreement is entered into by the parties hereto on 10 January 2006 at Zoucheng, Shandong Province: 

Yankuang Group Corporation Limited, a State wholly-owned enterprise established and validly subsisting under the laws of the PRC (registration number of business
license for corporate legal person is 3700001801980), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Geng Jiahuai (hereinafter is referred to as the “Group Company”). 
 Yanzhou Coal Mining Company Limited, a joint stock limited company established and validly subsisting under the laws of the PRC and its shares are issued to the public
and listing on the Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. (registration number of business license for corporate legal person is Qi Gu Lu Zhong Ji No. 003929), whose address is at 298 South
Fushan Road, Zoucheng. Shandong Province and its legal representative is Wang Xin (hereinafter is referred to as the “Joint Stock Company”). 
 Whereas: 
  

	1.	The Group Company was the sole promoter and established the Joint Stock Company pursuant to the laws of the PRC on 25 September 1997. As a part of the Restructuring, the Group
Company inject the assets and liabilities mainly related to the business of production of operation of coal mining to the Joint Stock Company and retained the remaining assets and liabilities. 

  

	2.	The Joint Stock Company issued shares to the public and the shares were listed on Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. The
Group Company remained as the controlling shareholder of the Joint Stock Company after the listing. As at the date hereof, about 54.33% of the issued shares in the Joint Stock Company were held by the Group Company. 

  

	3.	On 17 October 1997, the Group Company and the Joint Stock Company entered into the Materials and Services Supply Agreement for the mutual supply of materials, property
management, medical and other staff benefit, staff training, maintenance and repair works of listed business assets, motor vehicle and rail motor vehicle transportation, heat, water, electricity and utilities (“Original Agreement”). The
term of the Original Agreement was ten years. 

  

 1 

	4.	On 30 October 2001, the Group Company and the Joint Stock Company entered into the Supplementary Agreement for the Materials and Services Supply Agreement (“Supplementary
Agreement (I)”), which was approved by the independent shareholders on 17 December 2001. On 29 May 2003, the Group Company and the Joint Stock Company entered into the Second Supplementary Agreement for the Materials and Services
Supply Agreement (“Supplementary Agreement (II)”), which was approved by the independent shareholders on 27 June 2003. 

  

	5.	On the basis of the regulatory provisions where the Joint Stock Company is listed and the latest development on the Group Company and the Joint Stock Company, the Group Company and
the Joint Stock Company intend to terminate the Original Agreement, the Supplementary Agreement (I) and the Supplementary Agreement (II), and enter into Ongoing Connected Transactions Agreements of similar nature between the Group Company
together with its subsidiaries and the Joint Stock Company together with its subsidiaries for the mutual supply of materials and services separately. In this agreement, where references are made to the provision of materials or services by the Group
Company or the Joint Stock Company, their respective subsidiaries are also included therein. 

 In accordance with the relevant laws and
regulations of the Contract Law of the People’s Republic of China and the regulatory provisions where the Joint Stock Company is listed, the Group Company enter into an agreement with the Joint Stock Company for matters on the provision of
equipment maintenance and repair works upon amicable negotiation between both parties as follows: 
  

	1.	Definitions and Interpretations 

  

	 	1.1	Definitions 

  

	 	  	Unless otherwise defined herein, the following terms shall have the following meanings in this agreement: 

  

			
	“Financial Year”	  	the financial year commencing from 1 January and ending on 31 December for each year;

  

 2 

			
	“Interim Period”	  	with respect to a financial year, the interim period either commencing from 1 January and ending on 30 June or commencing from 1 July and ending on 31 December;
		
	“Hong Kong Stock Exchange”	  	The Stock Exchange of Hong Kong Limited
		
	“PRC”	  	The People’s Republic of China;
		
	“Original Connected Transaction Agreements”	  	Original Agreement, Supplementary Agreement (I) and Supplementary Agreement (II);
		
	“RMB”	  	the lawful currency of the PRC;
		
	“Market price”	  	where applicable, the calculation of market price for the provision of equipment maintenance and repair works as contemplated under this agreement pursuant to Article 4.2
		
	“State-prescribed price”	  	the price for the provision of equipment maintenance and repair works as determined according to Article 4.3; and
		
	“Subsidiaries”	  	the controlling subsidiaries, non-controlling subsidiaries and other entities of the Group Company and the Joint Stock Company

  

 3 

	 	1.2	Interpretations 

 Unless otherwise in contrary, in
this agreement: 
  

	 	(1)	Words and terms used importing the singular include the plural and vice versa; 

  

	 	(2)	A party to this agreement or any other agreement includes its successor or authorized transferees; 

  

	 	(3)	Articles or clauses or annex refer to the articles or clauses or annexes of this agreement; 

  

	 	(4)	Any provision of this agreement shall not be construed as prohibiting the extension of this agreement or prohibiting the amendment, alteration or supplement to this agreement;

  

	 	(5)	The titles of sections to this agreement are provided for ease of reference only, and shall not affect the interpretation of this agreement. 

  

	2.	Equipment maintenance and repair works 

  

	 	2.1	The provision of equipment maintenance and repair works as contemplated hereunder include mining equipment and machinery such as coal excavators, digging machines, liquid pressure
support systems, leather belt conveyance systems etc. 

  

	 	2.2	The Group Company shall make available to the Joint Stock Company the provision of equipment maintenance and repair works as contemplated hereunder in accordance with the terms of
this agreement and specific conditions as agreed by both parties from time to time, including but not limited to quantity and quality. 

  

	 	2.3	The Group Company undertakes to the Joint Stock Company that the price for the provision of equipment maintenance and repair works by the Group Company to the Joint Stock Company as
contemplated hereunder shall not be higher than the price offered by the Group Company to any independent third party for the similar services. Where appropriate, the Group Company will provide such equipment maintenance and repair works to the
Joint Stock Company at a favourable price. The Joint Stock Company is not required to obtain the provision of equipment maintenance and repair works solely from the Group Company. 

  

 4 

	3.	Operation Model 

  

	 	3.1	The Joint Stock Company may submit the plan on the demand for equipment maintenance and repair works for the following year or the adjustment plan to the service items for the
current year (“Annual Maintenance and Repair Services Plan”) to the Group Company before 30 November each year. Both parties shall agree unanimously on the plan before 31 December of the current year. In the event the plan on the
demand for equipment maintenance and repair works of the Joint Stock Company for the following year is the same as the current year, the Group Company is obliged to satisfy the plan. 

  

	 	3.2	Both parties and their respective subsidiaries shall enter into specific equipment maintenance and repair works contract for the provision of equipment maintenance and repair works
pursuant to this agreement (including the formulation of Annual Maintenance and Repair Services Plan pursuant to this agreement). 

  

	 	3.3	In the course of executing the Annual Maintenance and Repair Services Plan or the specific equipment maintenance and repair works contract, where necessary and agreed by both
parties, the Annual Maintenance and Repair Services Plan or the specific equipment maintenance and repair works contract may be adjusted. 

  

	 	3.4	The consideration for the provision of equipment maintenance and repair works may be settled in one lump sum or installments. 

  

	 	3.5	Either party shall settle the amount due to the other party or credit the account of the other party in relation to the ongoing connected transactions for the current month latest
by the last business day of each calendar month. The amount incurred by the ongoing connected transactions for each calendar month shall be settled within the month immediately following, but not including the amounts involved in the transactions
not completed then and the amounts under disputes. 

  

 5 

	4.	Basis for the determination of price on equipment maintenance and repair works 

  

	 	4.1	The price for equipment maintenance and repair works shall be determined according to the Market price. Such Market price shall be calculated and estimated each year, if possible,
prior to the beginning of a financial year. 

  

	 	4.2	The price for equipment maintenance and repair works shall be calculated according to the Market price to be determined according to normal commercial terms based on the following:

  

	 	(1)	the price at which the same or similar type of equipment maintenance and repair works provided by independent third parties under normal commercial terms in the ordinary course of
their businesses in the same area or in the vicinity; 

  

	 	(2)	if (1) above is not applicable, the price at which the same or similar type of equipment maintenance and repair works is to be provided by independent third parties under
normal commercial terms in the ordinary course of their businesses in the PRC. 

  

	 	4.3	In the event that at any time the state-prescribed price is effective and applicable to the provision of equipment maintenance and repair works as contemplated under this agreement,
both parties agree to determine the price for such equipment maintenance and repair works according to the state-prescribed price. Such state-prescribed price means the price determined according to the laws, regulations, decisions, orders or
pricing policy of the relevant PRC government authorities applicable to such supply, depending on specific conditions. 

  

	5.	Representations, undertakings and warranties of the Group Company 

  

	 	5.1	The Group Company is a State wholly-owned enterprise established pursuant to the laws, which has the independent status of legal person and currently has a valid business licence;

  

	 	5.2	The Group Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by the
laws; 

  

	 	5.3	The execution of this agreement and the performance of obligations under 

  

 6 

	 	 	this agreement by the Group Company do not contravene any other agreement entered into by it or its articles of association. There is no legal conflict to be arising from the
execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association. 

  

	 	5.4	The Group Company undertakes to the Joint Stock Company that the terms for the provision of equipment maintenance and repair works to the Joint Stock Company as contemplated under
this agreement shall not be less favourable than the terms of providing such equipment maintenance and repair works to any independent third party by itself or its subsidiaries, depending as to the actual circumstances. 

  

	 	5.5	The Group Company undertakes and warrants that it will provide such equipment maintenance and repair works to the Joint Stock Company in accordance with the requirements and
standards negotiated between the Joint Stock Company and the Group Company from time to time. 

  

	 	5.6	The Group Company assures that there will be adequate and qualified staff to provide such equipment maintenance and repair works to the Joint Stock Company, and that its staff shall
obtain sufficient guidance and directions to provide such equipment maintenance and repair works in accordance with the reasonable requirement of the Joint Stock Company. 

  

	 	5.7	The Group Company undertakes to the Joint Stock Company that it will give priority in providing such equipment maintenance and repair works to the Joint Stock Company on the same
terms or terms not less favourable than those offered to third parties. 

  

	 	5.8	In the event the provision of equipment maintenance and repair works as contemplated under this agreement is made available by the subsidiaries of the Group Company, the Group
Company undertakes to procure the relevant subsidiaries to provide such equipment maintenance and repair works to the Joint Stock Company and / or its subsidiaries in accordance with the provisions of this agreement. 

  

	 	5.9	The Group Company undertakes to the Joint Stock Company that if its subsidiaries violate any provisions of this agreement in the provision of 

  

 7 

	 	 	equipment maintenance and repair works in accordance with this agreement, the Group Company shall assume the liabilities as a result of the act of its subsidiaries in violating the
provisions of this agreement. 

  

	 	5.10	The Group Company undertakes to the Joint Stock Company that the Group Company shall procure its subsidiaries to take all necessary actions to perform its obligations under this
agreement. 

  

	 	5.11	The Group Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result in any
damage to be suffered by the Joint Stock Company. The Group Company undertakes to indemnify the Joint Stock Company on all losses incurred by the Joint Stock Company arising therefrom. 

  

	6.	Representations, undertakings and warranties of the Joint Stock Company 

  

	 	6.1	The Joint Stock Company is a joint stock limited company established pursuant to the laws, which has the independent status of legal person and currently has a valid business
licence; 

  

	 	6.2	The Joint Stock Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by
the laws; 

  

	 	6.3	The execution of this agreement and the performance of obligations under this agreement by the Joint Stock Company do not contravene any other agreement entered into by it or its
articles of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association;

  

	 	6.4	The Joint Stock Company undertakes to settle with the Group Company the consideration for the equipment maintenance and repair works timely in accordance with the provisions of this
Agreement; 

  

	 	6.5	The Joint Stock Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid 

  

 8 

	 	 	certain omissions that will result in any damage to be suffered by the Group Company. The Joint Stock Company undertakes to indemnify the Group Company on all losses incurred by the
Group Company arising therefrom. 

  

	7.	Termination in the equipment maintenance and repair works 

  

	 	7.1	In the event the Joint Stock Company fails to obtain equipment maintenance and repair works as contemplated under this agreement with same terms from third parties conveniently, the
Group Company shall not terminate the equipment maintenance and repair works under this agreement with any reason whatsoever. 

  

	 	7.2	Notwithstanding the aforesaid Article 7.1, any party to this agreement may give notice in writing to the other party of not less twelve months in advance to terminate the equipment
maintenance and repair works. It must be included in such termination notice when the equipment maintenance and repair works shall be terminated. The equipment maintenance and repair works as contemplated hereunder shall automatically be terminated
from the date of termination as set out in such notice. Such termination shall not affect other rights and obligations of the Group Company or the Joint Stock Company under this agreement. 

  

	 	7.3	For avoidance of doubt, both parties agree that when the Joint Stock Company gives the termination notice for the equipment maintenance and repair works in accordance with Article
7.2, the Group Company must still provide the equipment maintenance and repair works to the Joint Stock company in accordance with the applicable service terms (excluding the provision on the service period) prevailing since the date the notice is
given until the date the termination becomes effective. The applicable provisions prevailing shall include the relevant terms of the supplementary agreement executed in accordance with Article 8.3. 

  

	8.	Effectiveness, term and termination of the agreement 

  

	 	8.1	Save as otherwise agreed by both parties in writing, this agreement shall become effective after it is signed by the legal representatives or authorized representatives of both
parties and the Joint Stock Company having performed the procedures to be considered and approved by the Board of 

  

 9 

	 	 	Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company are listed.

  

	 	8.2	This agreement is valid for a term of three years commencing from 1 January 2006 and ending on 31 December 2008. The Original Connected Transactions Agreement shall cease
to execute after this agreement becomes effective. 

  

	 	8.3	If it is necessary to amend this agreement for any matters, both parties shall enter into supplementary agreements. Both parties shall enter into a supplementary agreement for the
relevant matters prior to the end of November of the year before the financial year the supplementary agreement is subjected to. In the event both parties fail to agree unanimously for the terms of the required supplementary agreement before the
above deadline, the services terms for the current year shall be applicable for the following financial year until both parties agree unanimously or the disputes between both parties were resolved pursuant to Article 8.4. 

 

	 	8.4	If both parties fail to agree on any matter related to the transaction price, including but not limited to the amounts payable and the payment schedule, upon the request of any
parties, the matter shall submit to the Pricing Bureau of Zoucheng with the Pricing Bureau of Zoucheng as the mediator to determine the resolution method. The decision of the Pricing Bureau of Zoucheng shall be final and binding on both parties.

  

	 	8.5	Prior to the termination of this agreement, both parties of this agreement may negotiate jointly for entering into a new agreement for the equipment maintenance and repair works, so
as to ensure that the production and operation of both parties remain normal after the termination of this agreement. 

  

	 	8.6	In the event any part breaches any term of this agreement to a material extent (the “Breaching Party”) and the other party gives a written notice to the Breaching Party
notifying that such act constitutes a breaching act and demands the Breaching Party to take remedial action within the reasonable deadline prescribed by the other party in such notice, the other party may 

  

 10 

	 	 	terminate this agreement forthwith if the Breaching Party fails to take remedial action for such breaching act within the above-mentioned deadline. If the breaching act of the
Breaching Party is irremediable, the other party may terminate this agreement forthwith. 

  

	 	8.7	The termination of this agreement shall not damage any rights or obligations already arisen for any party. 

  

	9.	Implementation of the agreement 

 In accordance with
the requirements in the regulatory provisions at the places where the Joint Stock Company are listed, including but not limited to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the Listing Rules of the
Shanghai Stock Exchange, the equipment maintenance and repair works as contemplated under this agreement shall have set an annual cap to its transaction amounts. If the annual cap related to the equipment maintenance and repair works transactions as
contemplated hereunder requires the approval by the independent shareholders of the Joint Stock Company, then whether such transactions will be conducted on an ongoing basis shall depend on the approval of the independent shareholders of the Joint
Stock Company. If the actual amount incurred in such transactions for a particular year exceeds the annual cap as approved by the independent shareholders of the Joint Stock Company, both parties shall suspend the equipment maintenance and repair
works that would have exceed the annual cap as approved by the independent shareholders of the Joint Stock Company until the Joint Stock Company has implemented the respective procedures for the consideration and approval in accordance with the
regulatory provisions at the places where the Joint Stock Company are listed. 
  

	10.	Announcement 

 Without the written consent of any
party in advance, the other party shall not publish or allow other parties (that is subject to the control of the other party to this agreement) to publish any announcement related to the subject of this agreement or any relevant matters, save as
the announcements to be published in accordance with the laws or the regulatory provisions of China Securities Regulatory Commission, Shanghai Stock Exchange, Hong Kong Stock Exchange, Securities and Futures Commission in Hong Kong, New York Stock
Exchange Inc. and Securities and Exchange Commission in US or any other authorities at the places where the Joint Stock Company are listed. 
  

 11 

	11.	Miscellaneous 

  

	 	11.1	Without the written consent of the other party, any party shall not assign its rights or obligations under this agreement. 

  

	 	11.2	This agreement and its annex constitute the entire agreement for the matters as contemplated under this agreement, and substitutes all agreements related to such transactions
entered into previously between both parties. In the event one party (the “Breaching Party”) breaches any term in the Original Connected Transactions Agreement, the Original Connected Transactions Agreement shall terminate forthwith upon
the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company
are listed, notwithstanding any right obtained by the other party (the “Complying Party”) as a result of the breach by the Breaching Party being hampered and the claim to be raised against the Breaching Party being affected.

  

	 	11.3	If any term in this agreement becomes illegal, invalid or unenforceable at any time, other terms shall not be affected accordingly. 

  

	 	11.4	If any party fails to perform any obligation under this agreement in accordance with the provisions of this agreement as a result of any force majeure events, evidences shall be
timely provided together with a written notice to the other party, for which such failure to perform shall not be treated as any breaching act. The other party shall also agree to the performance of the relevant liabilities and obligations within a
reasonable period depending on the circumstances prevailing. 

  

	 	11.5	Both parties agree to assume the related fees and expenses arising from the execution of this agreement in accordance with that as provided by the relevant laws of the PRC. If the
same is not provided in any law, then such fees and expenses shall be equally allocated between both parties. 

  

 12 

	 	11.6	Amendment to this agreement or its annex shall be made in writing wherever possible, subject to signing by both parties and the corporate actions to be taken by both parties
wherever appropriate. 

  

	 	11.7	Unless provided otherwise herein, the exercise or delay in exercise of the rights, powers or privileges under this agreement by one party does not constitute the waiver of such
party on such rights, powers or privileges. The exercise of such rights, powers or privileges individually or in a portion does not exclude the exercise of any other rights, powers or privileges. 

  

	 	11.8	The annex to this agreement is an integral party of this agreement and shall have the same binding effect to this agreement as if it is included in this agreement.

  

	12.	Notices 

  

	 	12.1	Any notice or other documents to be delivered to both parties pursuant to this agreement shall be made in writing and to be sent by hand, by post or by fax to the addresses of such
party as follows: 

  

					
	(a)	  	Group Company:	  	Yankuang Group Corporation Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5382232
			
		  	Fax no.:	  	0537-5382831
			
	(b)	  	Joint Stock Company:	  	Yanzhou Coal Mining Company Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5384031
			
		  	Fax no.:	  	0537-5382032

  

	 	12.2	The timing for the delivery of the notices or documents: 

  

					
	(a)	  	By hand:	  	At the time when the notice or document is delivered
			
	(b)	  	By post:	  	Five (5) working days after the notice or document is posted (Saturdays, Sundays and public holidays in the PRC shall be not counted)

  

 13 

					
	(c)	  	By fax:	  	At the time when the fax is received. If the fax is received beyond the normal business hours, it will be deemed to be delivered in the normal business hours of the following days, except
Saturdays, Sundays and public holidays in the PRC, with the delivery report printed from the fax machine of the sender confirming the fax is transmitted completely.

  

	13.	Applicable laws and jurisdiction 

 This agreement is
governed by the laws of the PRC and shall be construed according to the laws of the PRC. Any dispute in connection with or arising from this agreement (including its subsistence, validity, termination or any issue related to the rights or
obligations of both parties under this agreement) shall be submitted to the Jining Arbitration Commission of Shandong Province for arbitration by any party after failing to resolve through amicable negotiation. The arbitration will be conducted at
Jining in accordance with the arbitration rules then effective of such arbitration commission at the time the submission is made. The award of arbitration shall be final and shall be binding on both parties. 
  

	14.	General 

 This agreement is made in Chinese.

 There are four counterparts to this agreement. Each party shall hold two copies after they are signed by the legal representatives or
authorized representatives with seal affixed. Each copy of the agreement shall carry the same effect. 
  

 14 

 This agreement is executed on the date written on the first page above. 
 Yankuang Group Corporation Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed]

 Yanzhou Coal Mining Company Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed] 
  

 15 

 Annex: Provision of equipment maintenance and repair works by the Group Company to the Joint Stock Company 
  

							
	 Item
	  	 Pricing Basis
	  	Term	  	Notice period
for termination
	 Equipment and repair works
	  	Market price	  	3 years	  	12 months

  

 16 

 Contract No.: [GL-06005] 
 YANKUANG GROUP CORPORATION LIMITED 
 AND 
 YANZHOU COAL MINING COMPANY LIMITED 
  

 ADMINISTRATIVE SERVICES FOR PENSION FUND 
 AND RETIREMENT BENEFITS AGREEMENT 
  

 This agreement is entered into by the parties hereto on 10 January 2006 at
Zoucheng, Shandong Province: 
 Yankuang Group Corporation Limited, a State wholly-owned enterprise established and validly subsisting under the laws of the
PRC (registration number of business license for corporate legal person is 3700001801980), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Geng Jiahuai (hereinafter is referred to as the
“Group Company”). 
 Yanzhou Coal Mining Company Limited, a joint stock limited company established and validly subsisting under the laws of the
PRC and its shares are issued to the public and listing on the Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. (registration number of business license for corporate legal person is Qi Gu Lu Zhong Ji
No. 003929), whose address is at 298 South Fushan Road, Zoucheng. Shandong Province and its legal representative is Wang Xin (hereinafter is referred to as the “Joint Stock Company”). 
 Whereas: 
  

	1.	The Group Company was the sole promoter and established the Joint Stock Company pursuant to the laws of the PRC on 25 September 1997. As a part of the Restructuring, the Group
Company inject the assets and liabilities mainly related to the business of production of operation of coal mining to the Joint Stock Company and retained the remaining assets and liabilities. 

  

	2.	The Joint Stock Company issued shares to the public and the shares were listed on Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. The
Group Company remained as the controlling shareholder of the Joint Stock Company after the listing. As at the date hereof, about 54.33% of the issued shares in the Joint Stock Company were held by the Group Company. 

  

	3.	On 17 October 1997, the Group Company and the Joint Stock Company entered into the Restructuring Agreement, which provided that after the establishment of the Joint Stock
Company, the staff of the Joint Stock Company may continue to participate in the pension fund being administrated according to the implementation measures of the Group Company. 

  

 1 

	4.	The Group Company owns the auxiliary facilities, services, education system related to the production and operation system of coal mining. These auxiliary facilities can provide a
series of services to the benefit of the retired staff of the Joint Stock Company. As a company principally engaged in the production and operation of coal mining, the Joint Stock Company is not equipped with the conditions to assume the back-office
functions such as community services and welfare benefits. 

  

	5.	On 17 October 1997, the Group Company entered into the Pension Fund Agreement with the Joint Stock Company (“Original Administration Agreement”). According to the
provisions of the Original Administration Agreement: (1) since the date the Joint Stock Company was establish, the relevant welfare matters of its retired staff will be administered by the Group Company; (2) the Joint Stock Company will
provide the pension fund contribution which is equal to 45% of the total monthly salary of its staff per month and remit the same to the designated account of the Group Company before the end of that month, so that the Group Company can administer
the pension fund for the Joint Stock Company including contribution of staff basic pension fund to the social insurance organizations and be responsible for other welfare benefit expenses of the Joint Stock Company’s retired and retiring staff;
(3) the Joint Stock Company and the Group Company should re-define the proportion of contribution to the pension fund before 31 December 2006. 

  

	6.	On the basis of the regulatory provisions where the Joint Stock Company is listed and the latest development on the Group Company and the Joint Stock Company, the Group Company and
the Joint Stock Company intend to continue the provision in the Original Adminsitration Agreement with respect to providing the pension fund contribution which is equal to 45% of the total monthly salary of its staff per month and have the Group
Company to administer the pension fund arrangement of its staff on behalf of the Joint Stock Company. Both parties enter into this agreement separately so as to implement the procedures on re-definition. 

  

	7.	In this agreement, where references are made to the administration of matters on pension fund services as to the Group Company or the Joint Stock Company, their respective
subsidiaries are also included therein. 

 In accordance with the relevant laws and regulations of the Contract Law of the 
  

 2 

 People’s Republic of China and the regulatory provisions where the Joint Stock Company is listed, the Group Company
enter into an agreement with the Joint Stock Company for matters on the provision of administrative services for pension fund and retirement benefits upon amicable negotiation between both parties as follows: 
  

	1.	Definitions and Interpretations 

  

	 	1.1	Definitions 

 Unless otherwise defined herein, the
following terms shall have the following meanings in this agreement: 
  

			
	“Hong Kong Stock Exchange”	 	The Stock Exchange of Hong Kong Limited
		
	“PRC”	 	The People’s Republic of China;
		
	“Original Administration Agreement”	 	the Pension Fund Agreement entered into by the Group Company with the Joint Stock Company on 17 October 1997 with respect to matters of the pension fund for the Joint Stock
Company;
		
	“Subsidiaries”	 	the controlling subsidiaries, non-controlling subsidiaries and other entities of the Group Company and the Joint Stock Company
		
	“Administration of pension fund” or “Pension fund administration”	 	the contribution of staff’s basic pension fund by the Group Company on behalf of the Joint Stock Company and the administration of pension fund and other welfare benefits expenses of the
Joint Stock Company’s retired and retiring staff.

  

 3 

	 	1.2	Interpretations 

 Unless otherwise in contrary, in
this agreement: 
  

	 	(1)	Words and terms used importing the singular include the plural and vice versa; 

  

	 	(2)	A party to this agreement or any other agreement includes its successor or authorized transferees; 

  

	 	(3)	Articles or clauses or annex refer to the articles or clauses or annexes of this agreement; 

  

	 	(4)	Any provision of this agreement shall not be construed as prohibiting the extension of this agreement or prohibiting the amendment, alteration or supplement to this agreement;

  

	 	(5)	The titles of sections to this agreement are provided for ease of reference only, and shall not affect the interpretation of this agreement. 

  

	2.	Administrative services for pension fund and retirement benefits 

  

	 	2.1	The staff of the Joint Stock Company must participate the basic pension fund plan pursuant to the provisions of the laws and regulations. According to the provisions of the relevant
laws and regulations, the Joint Stock Company must contribute the basic pension fund for its staff and provide retirement funds and other welfare benefit expenses according to the practical circumstances. 

  

	 	2.2	It was agreed by both parties that the Group Company will administer the matters of pension fund on behalf of the Joint Stock Company in accordance with the provisions of the
relevant laws, regulations, constitutions and other regulatory documents. 

  

	 	2.3	The Joint Stock Company will provide contribution to the pension fund which is equal to 45% of the total monthly salary of its staff per month and remit such entire amount to the
designated account maintained by the Group Company for the Joint Stock Company (“Designated Account of Pension Fund”) before the end of that month. 

  

 4 

	 	2.4	The Group Company will separately administer the Designated Account of Pension Fund. The amounts credited in such account will only be applied to the administrative services for
pension fund and retirement benefits for the staff of the Joint Stock Company as contemplated under this agreement. 

  

	 	2.5	The Group Company shall provide an overview in relation to the application of the funds in the Designated Account of the Pension Fund to the Joint Stock Company every year.

  

	 	2.6	The Joint Stock Company is entitled to monitor and examine the application of funds in the Designated Account of Pension Fund by the Group Company. 

  

	 	2.7	The Group Company shall provide the administrative services for pension fund and retirement benefits on behalf of the Joint Stock Company as contemplated hereunder in accordance
with the terms of this agreement and specific conditions as agreed by both parties from time to time. 

  

	 	2.8	Following the performance of its responsibilities in Article 2.3, the Joint Stock Company shall not bear any other liability under this Agreement. The Group Company undertakes to
assume the fees arising from the payment of pension fund, welfare fees, retirement funds and other welfare benefits to all retired staff of the Joint Stock Company currently and in future. 

  

	3.	Representations, undertakings and warranties of the Group Company 

  

	 	3.1	The Group Company is a State wholly-owned enterprise established pursuant to the laws, which has the independent status of legal person and currently has a valid business licence;

  

	 	3.2	The Group Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by the
laws; 

  

	 	3.3	The Group Company shall timely assist the Joint Stock Company in performing or perform on behalf of the Joint Stock Company in accordance 

  

 5 

 with its instruction the liabilities and obligations with respect to the contribution of staff’s
basic pension fund, retirement funds and retirement benefits pursuant to the relevant laws, regulations, departmental constitutions and other regulatory documents. 
  

	 	3.4	The execution of this agreement and the performance of obligations under this agreement by the Group Company do not contravene any other agreement entered into by it or its articles
of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association.

  

	 	3.5	The Group Company undertakes and warrants that it will provide such services as contemplated under this agreement to the Joint Stock Company in accordance with the requirements and
standards negotiated between the Joint Stock Company and the Group Company from time to time. 

  

	 	3.6	The Group Company undertakes and warrants to the Joint Stock Company that relevant information on number of relevant staff and salary scale of the staff strictly confidential, and
warrants that such information aforesaid can only be applied to implement the obligations hereunder. 

  

	 	3.7	The Group Company assures that there will be adequate and qualified staff to provide such services as contemplated hereunder to the Joint Stock Company, and that its staff shall
obtain sufficient guidance and directions to provide such services as contemplated hereunder in accordance with the reasonable requirement of the Joint Stock Company. 

  

	 	3.8	In the event the services as contemplated under this agreement is made available by the subsidiaries of the Group Company, the Group Company undertakes to procure the relevant
subsidiaries to provide such services to the Joint Stock Company and / or its subsidiaries in accordance with the provisions of this agreement. 

  

	 	3.9	The Group Company undertakes to the Joint Stock Company that if its subsidiaries violate any provisions of this agreement in the provision of administrative services for pension
fund and retirement benefits in accordance with this agreement, the Group Company shall assume the liabilities as a result of the act of its subsidiaries in violating the provisions of this agreement. 

  

 6 

	 	3.10	The Group Company undertakes to the Joint Stock Company that the Group Company shall procure its subsidiaries to take all necessary actions to perform its obligations under this
agreement. 

  

	 	3.11	The Group Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result in any
damage to be suffered by the Joint Stock Company. The Group Company undertakes to indemnify the Joint Stock Company on all losses incurred by the Joint Stock Company arising therefrom. 

  

	4.	Representations, undertakings and warranties of the Joint Stock Company 

  

	 	4.1	The Joint Stock Company is a joint stock limited company established pursuant to the laws, which has the independent status of legal person and currently has a valid business
licence; 

  

	 	4.2	The Joint Stock Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by
the laws; 

  

	 	4.3	The execution of this agreement and the performance of obligations under this agreement by the Joint Stock Company do not contravene any other agreement entered into by it or its
articles of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association;

  

	 	4.4	The Joint Stock Company undertakes to remit the relevant amount to the Designated Account of Pension Fund timely and in full in accordance with the provisions of this Agreement;

  

	 	4.5	The Joint Stock Company shall provide relevant information to the Group Company such as the number of relevant staff and salary scale of the staff as required for the performance by
the Group Company of its obligations as contemplated hereunder in an accurate manner. 

  

 7 

	 	4.6	The Joint Stock Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result
in any damage to be suffered by the Group Company. The Joint Stock Company undertakes to indemnify the Group Company on all losses incurred by the Group Company arising therefrom. 

  

	5.	Termination in the administrative services as contemplated under this agreement 

  

	 	5.1	In the event the Joint Stock Company fails to obtain the payment and administrative services for pension fund and retirement benefits as contemplated under this agreement with same
terms from third parties conveniently, the Group Company shall not terminate the provision of such services under this agreement with any reason whatsoever. 

  

	 	5.2	Notwithstanding the aforesaid Article 5.1, any party to this agreement may give notice in writing to the other party of not less twelve months in advance to terminate the services
as contemplated under this agreement. It must be included in such termination notice since when such services shall be terminated. Such service as set out in such notice shall automatically be terminated from the date of termination as set out in
such notice. Such termination shall not affect other rights and obligations of the Group Company or the Joint Stock Company under this agreement. 

  

	 	5.3	For avoidance of doubt, both parties agree that when the Joint Stock Company gives the termination notice for the services as contemplated hereunder in accordance with Article 5.2,
the Group Company must still provide the services as contemplated hereunder to the Joint Stock Company in accordance with the applicable terms prevailing since the date the notice is given until the date the termination becomes effective. The
applicable provisions prevailing shall include the relevant terms of the supplementary agreement executed in accordance with Article 6.3. 

  

	6.	Effectiveness, term and termination of the agreement 

  

	 	6.1	Save as otherwise agreed by both parties in writing, this agreement shall become effective after it is signed by the legal representatives or authorized 

  

 8 

 representatives of both parties and the Joint Stock Company having performed the procedures to be
considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company are listed. 
  

	 	6.2	This agreement is valid for a term of three years commencing from 1 January 2006 and ending on 31 December 2008. The Original Administration Agreement shall cease to
execute after this agreement becomes effective. 

  

	 	6.3	If it is necessary to amend this agreement for any matters, both parties shall enter into supplementary agreements. In the event both parties fail to agree unanimously for the terms
of the required supplementary agreement, the terms of provision prevailing shall be applicable until both parties agree unanimously for such terms. 

  

	 	6.4	Prior to the termination of this agreement, both parties of this agreement may negotiate jointly for entering into a new agreement for the provision of payment and administrative
services for pension fund and retirement benefits, so as to ensure that the payment and administrative services for pension fund and retirement benefits of the staff of the Joint Stock Company remain normal after the termination of this agreement.

  

	 	6.5	In the event any part breaches any term of this agreement to a material extent (the “Breaching Party”) and the other party gives a written notice to the Breaching Party
notifying that such act constitutes a breaching act and demands the Breaching Party to take remedial action within the reasonable deadline prescribed by the other party in such notice, the other party may terminate this agreement forthwith if the
Breaching Party fails to take remedial action for such breaching act within the above-mentioned deadline. If the breaching act of the Breaching Party is irremediable, the other party may terminate this agreement forthwith. 

 

	 	6.6	The termination of this agreement shall not damage any rights or obligations already arisen for any party. 

  

 9 

	7.	Implementation of the agreement 

 In accordance with
the requirements in the regulatory provisions at the places where the Joint Stock Company are listed, including but not limited to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the Listing Rules of the
Shanghai Stock Exchange, the ongoing connected transactions as contemplated under this agreement shall have set an annual cap to its transaction amounts. If the annual cap related to the administrative services as contemplated hereunder requires the
approval by the independent shareholders of the Joint Stock Company, then whether such administrative service transactions will be conducted on an ongoing basis shall depend on the approval of the independent shareholders of the Joint Stock Company.
If the actual amount incurred in such transactions for a particular year exceeds the annual cap as approved by the independent shareholders of the Joint Stock Company, both parties shall suspend the administrative services that would have exceed the
annual cap as approved by the independent shareholders of the Joint Stock Company until the Joint Stock Company has implemented the respective procedures for the consideration and approval in accordance with the regulatory provisions at the places
where the Joint Stock Company are listed. 
  

	8.	Announcement 

 Without the written consent of any
party in advance, the other party shall not publish or allow other parties (that is subject to the control of the other party to this agreement) to publish any announcement related to the subject of this agreement or any relevant matters, save as
the announcements to be published in accordance with the laws or the regulatory provisions of China Securities Regulatory Commission, Shanghai Stock Exchange, Hong Kong Stock Exchange, Securities and Futures Commission in Hong Kong, New York Stock
Exchange Inc. and Securities and Exchange Commission in US or any other authorities at the places where the Joint Stock Company are listed. 
  

	9.	Miscellaneous 

  

	 	9.1	Without the written consent of the other party, any party shall not assign its rights or obligations under this agreement. 

  

	 	9.2	This agreement and its annex constitute the entire agreement for the matters as contemplated under this agreement, and substitutes all agreements related 

 

 10 

 to such transactions entered into previously between both parties. In the event one party (the
“Breaching Party”) breaches any term in the Original Administration Agreement, the Original Administration Agreement shall terminate forthwith upon the Joint Stock Company having performed the procedures to be considered and approved by
the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company are listed, notwithstanding any right obtained by the other party (the “Complying
Party”) as a result of the breach by the Breaching Party being hampered and the claim to be raised against the Breaching Party being affected. 
  

	 	9.3	If any term in this agreement becomes illegal, invalid or unenforceable at any time, other terms shall not be affected accordingly. 

  

	 	9.4	If any party fails to perform any obligation under this agreement in accordance with the provisions of this agreement as a result of any force majeure events, evidences shall be
timely provided together with a written notice to the other party, for which such failure to perform shall not be treated as any breaching act. The other party shall also agree to the performance of the relevant liabilities and obligations within a
reasonable period depending on the circumstances prevailing. 

  

	 	9.5	Both parties agree to assume the related fees and expenses arising from the execution of this agreement in accordance with that as provided by the relevant laws of the PRC. If the
same is not provided in any law, then such fees and expenses shall be equally allocated between both parties. 

  

	 	9.6	Amendment to this agreement or its annex shall be made in writing wherever possible, subject to signing by both parties and the corporate actions to be taken by both parties
wherever appropriate. 

  

	 	9.7	Unless provided otherwise herein, the exercise or delay in exercise of the rights, powers or privileges under this agreement by one party does not constitute the waiver of such
party on such rights, powers or privileges. The exercise of such rights, powers or privileges individually or in a portion does not exclude the exercise of any other rights, powers or privileges. 

  

 11 

	 	9.8	The annex to this agreement is an integral party of this agreement and shall have the same binding effect to this agreement as if it is included in this agreement.

  

	10.	Notices 

  

	 	10.1	Any notice or other documents to be delivered to both parties pursuant to this agreement shall be made in writing and to be sent by post or by fax to the addresses of such party as
follows: 

  

					
	(a)	  	Group Company:	  	Yankuang Group Corporation Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5382232
			
		  	Fax no.:	  	0537-5382831
			
	(b)	  	Joint Stock Company:	  	Yanzhou Coal Mining Company Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5384031
			
		  	Fax no.:	  	0537-5382032

  

	 	10.2	The timing for the delivery of the notices or documents: 

  

					
	(a)	  	By hand:	  	At the time when the notice or document is delivered
			
	(b)	  	By post:	  	Five (5) working days after the notice or document is posted (Saturdays, Sundays and public holidays in the PRC shall be not counted)
			
	(c)	  	By fax:	  	At the time when the fax is received. If the fax is received beyond the normal business hours, it will be deemed to be delivered in the normal business hours of the following days, except
Saturdays, Sundays and public holidays in the PRC, with the delivery report printed from the fax machine of the sender confirming the fax is transmitted completely.

  

 12 

	11.	Applicable laws and jurisdiction 

 This agreement is
governed by the laws of the PRC and shall be construed according to the laws of the PRC. Any dispute in connection with or arising from this agreement (including its subsistence, validity, termination or any issue related to the rights or
obligations of both parties under this agreement) shall be submitted to the Jining Arbitration Commission of Shandong Province for arbitration by any party after failing to resolve through amicable negotiation. The arbitration will be conducted at
Jining in accordance with the arbitration rules then effective of such arbitration commission at the time the submission is made. The award of arbitration shall be final and shall be binding on both parties. 
  

	12.	General 

 This agreement is made in Chinese.

 There are four counterparts to this agreement. Each party shall hold two copies after they are signed by the legal representatives or
authorized representatives with seal affixed. Each copy of the agreement shall carry the same effect. 
  

 13 

 This agreement is executed on the date written on the first page above. 
 Yankuang Group Corporation Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed]

 Yanzhou Coal Mining Company Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed] 
  

 14 

 Annex: Provision of payment and administrative services for pension fund and retirement benefits by the Group Company to
the Joint Stock Company 
  

							
	 Item
	  	 Pricing Basis
	  	 Term
	  	 Notice period
for termination

	Payment and administrative services for pension fund and retirement benefits	  	45% of the total monthly salary of the staff of the Joint Stock Company per month and remit the same to the designated account of the Group Company on monthly basis	  	3 years	  	12 months

  

 15 

 Contract No.: [GL-06006] 
 YANZHOU COAL MINING COMPANY LIMITED 
 AND 
 YANKUANG GROUP CORPORATION LIMITED 
  

 PROVISION OF PRODUCTS AND MATERIALS AGREEMENT 
  

 This agreement is entered into by the parties hereto on 10 January 2006 at Zoucheng, Shandong Province: 

Yanzhou Coal Mining Company Limited, a joint stock limited company established and validly subsisting under the laws of the PRC and its shares are issued to the public
and listing on the Shanghai Stock Exchange, the Hong Kong Stock Exchange and the New York Stock Exchange Inc. (registration number of business license for corporate legal person is Qi Gu Lu Zhong Ji No. 003929), whose address is at 298 South
Fushan Road, Zoucheng. Shandong Province and its legal representative is Wang Xin (hereinafter is referred to as the “Joint Stock Company”). 
 Yankuang Group Corporation Limited, a State wholly-owned enterprise established and validly subsisting under the laws of the PRC (registration number of business license for corporate legal person is 3700001801980), whose address is at 298
South Fushan Road, Zoucheng. Shandong Province and its legal representative is Geng Jiahuai (hereinafter is referred to as the “Group Company”). 
 Whereas: 
  

	1.	The Group Company was the sole promoter and established the Joint Stock Company pursuant to the laws of the PRC on 25 September 1997. As a part of the Restructuring, the Group
Company inject the assets and liabilities mainly related to the business of production of operation of coal mining to the Joint Stock Company and retained the remaining assets and liabilities. 

  

	2.	The Joint Stock Company issued shares to the public and the shares were listed on the Hong Kong Stock Exchange, the New York Stock Exchange Inc. and Shanghai Stock Exchange. The
Group Company remained as the controlling shareholder of the Joint Stock Company after the listing. As at the date hereof, about 54.33% of the issued shares in the Joint Stock Company were held by the Group Company. 

  

	3.	On 17 October 1997, the Group Company and the Joint Stock Company entered into the Materials and Services Supply Agreement for the mutual supply of materials, property
management, medical and other staff benefit, staff training, maintenance and repair works of listed business assets, motor vehicle and rail motor vehicle transportation, heat, water, electricity and utilities (“Original Agreement”). The
term of the Original Agreement was ten years. 

  

 1 

	4.	On 30 October 2001, the Group Company and the Joint Stock Company entered into the Supplementary Agreement for the Materials and Services Supply Agreement (“Supplementary
Agreement (I)”), which was approved by the independent shareholders on 17 December 2001. On 29 May 2003, the Group Company and the Joint Stock Company entered into the Second Supplementary Agreement for the Materials and Services
Supply Agreement (“Supplementary Agreement (II)”), which was approved by the independent shareholders on 27 June 2003. 

  

	5.	On the basis of the regulatory provisions where the Joint Stock Company is listed and the latest development on the Group Company and the Joint Stock Company, the Group Company and
the Joint Stock Company intend to terminate the Original Agreement, the Supplementary Agreement (I) and the Supplementary Agreement (II), and enter into Ongoing Connected Transactions Agreements of similar nature between the Group Company
together with its subsidiaries and the Joint Stock Company together with its subsidiaries for the mutual supply of materials and services separately. In this agreement, where references are made to the provision of materials (including coal and
materials and supplies) or services by the Group Company or the Joint Stock Company, their respective subsidiaries are also included therein. 

  

	6.	The Joint Stock Company will continue to provide the coal to the Group Company for the purposes of power generation, gas production, concrete and other production usage as well as
general usage. 

  

	7.	The Supplies Provision Centre of the Joint Stock Company is equipped with the capability in the distribution of materials, which can purchase materials and supplies from third
parties and sell a portion of such materials and supplies to the Group Company. 

 In accordance with the relevant laws and regulations of the
Contract Law of the People’s Republic of China and the regulatory provisions where the Joint Stock Company is listed, the Joint Stock Company enter into an agreement with the Group Company for matters on the provision of products and materials
and supplies upon amicable negotiation between both parties as follows: 
  

 2 

	1.	Definitions and Interpretations 

  

	 	1.1	Definitions 

 Unless otherwise defined herein, the
following terms shall have the following meanings in this agreement: 
  

			
	“Financial Year”	  	the financial year commencing from 1 January and ending on 31 December for each year;
		
	“Interim Period”	  	with respect to a financial year, the interim period either commencing from 1 January and ending on 30 June or commencing from 1 July and ending on 31 December;
		
	“Hong Kong Stock Exchange”	  	The Stock Exchange of Hong Kong Limited
		
	“Market price”	  	where applicable, the calculation of market price for the products and materials and supplies as contemplated under this agreement pursuant to Article 4.2
		
	“Materials & Supplies”	  	the provision of materials and supplies such as steel by the Joint Stock Company and its subsidiaries to the Group Company and its subsidiaries pursuant to Article 2.1.2 of this
agreement
		
	“PRC”	  	The People’s Republic of China
		
	“Original Connected Transaction Agreements”	  	Original Agreement, Supplementary Agreement (I) and Supplementary Agreement (II);

  

 3 

			
	“RMB”	  	the lawful currency of the PRC;
		
	“State-prescribed price”	  	the price for the products and materials and supplies as determined according to Article 4.3; and
		
	“Subsidiaries”	  	the controlling subsidiaries, non-controlling subsidiaries and other entities of the Group Company and the Joint Stock Company

  

	 	1.2	Interpretations 

 Unless otherwise in contrary, in
this agreement: 
  

	 	(1)	Words and terms used importing the singular include the plural and vice versa; 

  

	 	(2)	A party to this agreement or any other agreement includes its successor or authorized transferees; 

  

	 	(3)	Articles or clauses or annex refer to the articles or clauses or annexes of this agreement; 

  

	 	(4)	Any provision of this agreement shall not be construed as prohibiting the extension of this agreement or prohibiting the amendment, alteration or supplement to this agreement;

  

	 	(5)	The titles of sections to this agreement are provided for ease of reference only, and shall not affect the interpretation of this agreement. 

  

	2.	Provision of products and materials and supplies by the Joint Stock Company to the Group Company 

  

	 	2.1	The products and materials and supplies to be provided by the Joint Stock Company to the Group Company as contemplated hereunder include: 

  

	 	2.1.1	Coal. 

  

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	 	2.1.2	Materials and supplies: steel, timber, grease, axles, labour safety products and other related materials and supplies 

  

	 	2.2	The Joint Stock Company shall make available to the Group Company provision of products and materials and supplies as contemplated hereunder in accordance with the terms of this
agreement and specific conditions as agreed by both parties from time to time, including but not limited to quantity and quality. 

  

	3.	Operation Model 

  

	 	3.1	The Group Company may submit the plan on the demand for products and materials and supplies for the following year or the adjustment plan to the supplies items for the current year
(“Annual Provision Plan”) to the Joint Stock Company before 30 November each year. Both parties shall agree unanimously on the plan before 31 December of the current year. 

  

	 	3.2	Both parties and their respective subsidiaries shall enter into specific supply contract for the provision of products and materials and supplies pursuant to this agreement
(including the formulation of Annual Provision Plan pursuant to this agreement). 

  

	 	3.3	In the course of executing the Annual Provision Plan or the specific supply contract, where necessary and agreed by both parties, the Annual Provision Plan or the specific supply
contact may be adjusted. 

  

	 	3.4	The consideration for the agreed provision may be settled in one lump sum or installments. 

  

	 	3.5	Either party shall settle the amount due to the other party or credit the account of the other party in relation to the ongoing connected transactions for the current month latest
by the last business day of each calendar month. The amount incurred by the ongoing connected transactions for each calendar month shall be settled within the month immediately following, but not including the amounts involved in the transactions
not completed then and the amounts under disputes. 

  

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	4.	Basis for the determination of price on the products and materials and supplies 

  

	 	4.1	The price for coal and materials and supplies shall be determined according to the Market price. Such Market price shall be calculated and estimated each year, if possible, prior to
the beginning of a financial year. 

  

	 	4.2	The Market price for the provision of products and materials and supplies as contemplated under this agreement shall be determined according to normal commercial terms based on the
following: 

  

	 	(1)	the price at which the same or similar type of products and materials and supplies provided by independent third parties under normal commercial terms in the ordinary course of
their businesses in the same area or in the vicinity; 

  

	 	(2)	if (1) above is not applicable, the price at which the same or similar type of products and materials and supplies is to be provided by independent third parties under normal
commercial terms in the ordinary course of their businesses in the PRC. 

  

	 	4.3	In the event that at any time the state-prescribed price is effective and applicable to certain type of the products and materials and supplies as contemplated under this agreement,
both parties agree to determine the price for the agreed provision according to the state-prescribed price. Such state-prescribed price means the price determined according to the laws, regulations, decisions, orders or pricing policy of the
relevant PRC government authorities applicable to such products and materials and supplies, depending on specific conditions. 

  

	5.	Representations, undertakings and warranties of the Joint Stock Company 

  

	 	5.1	The Joint Stock Company is a joint stock limited company established pursuant to the laws, which has the independent status of legal person and currently has a valid business
licence; 

  

	 	5.2	The Joint Stock Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by
the laws; 

  

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	 	5.3	The execution of this agreement and the performance of obligations under this agreement by the Joint Stock Company do not contravene any other agreement entered into by it or its
articles of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association.

  

	 	5.4	The Joint Stock Company warrants that the provision of products and materials and supplies as contemplated under this agreement to the Group Company shall be determined according to
normal commercial terms. 

  

	 	5.5	The Joint Stock Company undertakes and warrants that it will provide such products and materials and supplies to the Joint Stock Company in accordance with the requirements and
standards negotiated between the Joint Stock Company and the Joint Stock Company from time to time. 

  

	 	5.6	The Joint Stock Company assures that there will be adequate and qualified staff to provide the products and materials and supplies as agreed to the Joint Stock Company, and that its
staff shall obtain sufficient guidance and directions to provide such products and materials and supplies in accordance with the reasonable requirement of the Group Company. 

  

	 	5.7	The Joint Stock Company undertakes to the Group Company that if its subsidiaries violate any provisions of this agreement in the products and materials and supplies in accordance
with this agreement, the Joint Stock Company shall assume the liabilities as a result of the act of its subsidiaries in violating the provisions of this agreement. 

  

	 	5.8	The Joint Stock Company undertakes to the Group Company that the Joint Stock Company shall procure its subsidiaries to take all necessary actions to perform its obligations under
this agreement. 

  

	 	5.9	The Joint Stock Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result
in any damage to be suffered by the Group Company. The Joint Stock Company undertakes to indemnify the Group Company on all losses incurred by the Group Company arising therefrom. 

  

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	6.	Representations, undertakings and warranties of the Group Company 

  

	 	6.1	The Group Company is a State wholly-owned enterprise established pursuant to the laws, which has the independent status of legal person and currently has a valid business licence;

  

	 	6.2	The Group Company has been engaging in business activities pursuant to the laws and has never conducted any activities not included in the scope of operation as provided by the
laws; 

  

	 	6.3	The execution of this agreement and the performance of obligations under this agreement by the Group Company do not contravene any other agreement entered into by it or its articles
of association. There is no legal conflict to be arising from the execution of this agreement and the performance of obligations under this agreement against other agreement entered into by it or its articles of association;

  

	 	6.4	The Group Company undertakes to settle with the Group Company the consideration for the products and materials and supplies timely in accordance with the provisions of this
Agreement. If any provision of this agreement is violated agreement, the Group Company shall assume the liabilities as a result of its act in violating the provisions of this agreement. 

  

	 	6.5	The Group Company warrants that in the course of performing its obligations under this agreement, it shall take reasonable actions to avoid certain omissions that will result in any
damage to be suffered by the Joint Stock Company. The Group Company undertakes to indemnify the Joint Stock Company on all losses incurred by the Joint Stock Company arising therefrom. 

  

	7.	Termination in the supply or purchase of products and materials and supplies 

  

	 	7.1	 Any party to this agreement may give notice in writing to the other party of not less twelve months in advance to terminate the provision or purchase of certain
type of products or materials and supplies. It must be included in such termination notice which type of products and materials and supplies to be provided or purchased shall be terminated, and since when the 

  

 8 

 
termination shall be effective. Such type of products and materials and supplies as set out in such notice shall automatically be terminated from provision
or purchase from the date the termination becomes effective as set out in such notice. If the provision of any products and materials and supplies is terminated according to this article, such termination shall not affect other rights and
obligations of the Group Company or the Joint Stock Company under this agreement. 
  

	 	7.2	For avoidance of doubt, both parties agree that when the Group Company gives the termination notice for the purchase of certain products and materials and supplies in accordance
with Article 7.1, the Joint Stock Company must still provide such products and materials and supplies to the Group Company in accordance with the applicable provision terms (excluding the provision on the period of provision) prevailing since the
date the notice is given until the date the termination becomes effective. The applicable provisions prevailing shall include the relevant terms of the supplementary agreement executed in accordance with Article 8.3. 

  

	8.	Effectiveness, term and termination of the agreement 

  

	 	8.1	Save as otherwise agreed by both parties in writing, this agreement shall become effective after it is signed by the legal representatives or authorized representatives of both
parties and the Joint Stock Company having performed the procedures to be considered and approved by the Board of Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint
Stock Company are listed. 

  

	 	8.2	This agreement is valid for a term of three years commencing from 1 January 2006 and ending on 31 December 2008. The Original Connected Transactions Agreement shall cease
to execute after this agreement becomes effective. 

  

	 	8.3	If it is necessary to amend this agreement for any matters, both parties shall enter into supplementary agreements. Both parties shall enter into a supplementary agreement for the
relevant matters prior to the end of November of the year before the financial year the supplementary agreement is subjected to. In the event both parties fail to agree 

  

 9 

 unanimously for the terms of the required supplementary agreement before the above deadline, the terms
of provision for the current year shall be applicable for the following financial year until both parties agree unanimously or the disputes between both parties were resolved pursuant to Article 8.4. 
  

	 	8.4	If both parties fail to agree on any matter related to the transaction price, including but not limited to the amounts payable and the payment schedule, upon the request of any
parties, the matter shall submit to the Pricing Bureau of Zoucheng with the Pricing Bureau of Zoucheng as the mediator to determine the resolution method. The decision of the Pricing Bureau of Zoucheng shall be final and binding on both parties.

  

	 	8.5	Prior to the termination of this agreement, both parties of this agreement may negotiate jointly for entering into a new agreement for the provision of products and materials and
supplies, so as to ensure that the production and operation of both parties remain normal after the termination of this agreement. 

  

	 	8.6	In the event any part breaches any term of this agreement to a material extent (the “Breaching Party”) and the other party gives a written notice to the Breaching Party
notifying that such act constitutes a breaching act and demands the Breaching Party to take remedial action within the reasonable deadline prescribed by the other party in such notice, the other party may terminate this agreement forthwith if the
Breaching Party fails to take remedial action for such breaching act within the above-mentioned deadline. If the breaching act of the Breaching Party is irremediable, the other party may terminate this agreement forthwith. 

 

	 	8.7	The termination of this agreement shall not damage any rights or obligations already arisen for any party. 

  

	9.	Implementation of the agreement 

 In accordance with
the requirements in the regulatory provisions at the places where the Joint Stock Company are listed, including but not limited to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited and the Listing Rules of the
Shanghai Stock Exchange, the ongoing 
  

 10 

 connected transactions as contemplated under this agreement shall have set an annual cap to its
transaction amounts. If the annual cap related to the products and materials and supplies requires the approval by the independent shareholders of the Joint Stock Company, then whether such transactions will be conducted on an ongoing basis shall
depend on the approval of the independent shareholders of the Joint Stock Company. If the actual amount incurred in such transactions for a particular year exceeds the annual cap as approved by the independent shareholders of the Joint Stock
Company, both parties shall suspend the products and materials and supplies transactions that would have exceed the annual cap as approved by the independent shareholders of the Joint Stock Company until the Joint Stock Company has implemented the
respective procedures for the consideration and approval in accordance with the regulatory provisions at the places where the Joint Stock Company are listed. 
  

	10.	Announcement 

 Without the written consent of any
party in advance, the other party shall not issue or allow other parties (that is subject to the control of the other party to this agreement) to issue any announcement related to the subject of this agreement or any relevant matters, save as the
announcements to be issued in accordance with the laws or the regulatory provisions of China Securities Regulatory Commission, Shanghai Stock Exchange, Hong Kong Stock Exchange, Securities and Futures Commission in Hong Kong, New York Stock Exchange
Inc. and Securities and Exchange Commission in US or any other authorities at the places where the Joint Stock Company are listed. 
  

	11.	Miscellaneous 

  

	 	11.1	Without the written consent of the other party, any party shall not assign its rights or obligations under this agreement. 

  

	 	11.2	This agreement and its annex constitute the entire agreement for the matters as contemplated under this agreement, and substitutes all agreements related to such transactions
entered into previously between both parties. In the event one party (the “Breaching Party”) breaches any term in the Original Connected Transactions Agreement, the Original Connected Transactions Agreement shall terminate forthwith upon
the Joint Stock Company having performed the procedures to be considered and approved by the Board of 

  

 11 

	 	 	Director or independent shareholders pursuant to the authorization limit and the regulatory provisions at the places where the Joint Stock Company are listed, notwithstanding any
right obtained by the other party (the “Complying Party”) as a result of the breach by the Breaching Party being hampered and the claim to be raised against the Breaching Party being affected. 

  

	 	11.3	If any term in this agreement becomes illegal, invalid or unenforceable at any time, other terms shall not be affected accordingly. 

  

	 	11.4	If any party fails to perform any obligation under this agreement in accordance with the provisions of this agreement as a result of any force majeure events, evidences shall be
timely provided together with a written notice to the other party, for which such failure to perform shall not be treated as any breaching act. The other party shall also agree to the performance of the relevant liabilities and obligations within a
reasonable period depending on the circumstances prevailing. 

  

	 	11.5	Both parties agree to assume the related fees and expenses arising from the execution of this agreement in accordance with that as provided by the relevant laws of the PRC. If the
same is not provided in any law, then such fees and expenses shall be equally allocated between both parties. 

  

	 	11.6	Amendment to this agreement or its annex shall be made in writing wherever possible, subject to signing by both parties and the corporate actions to be taken by both parties
wherever appropriate. 

  

	 	11.7	Unless provided otherwise herein, the exercise or delay in exercise of the rights, powers or privileges under this agreement by one party does not constitute the waiver of such
party on such rights, powers or privileges. The exercise of such rights, powers or privileges individually or in a portion does not exclude the exercise of any other rights, powers or privileges. 

  

	 	11.8	The annex to this agreement is an integral party of this agreement and shall have the same binding effect to this agreement as if it is included in this agreement.

  

 12 

	12.	Notices 

  

	 	12.1	Any notice or other documents to be delivered to both parties pursuant to this agreement shall be made in writing and to be sent by hand, by post or by fax to the addresses of such
party as follows: 

  

					
	(a)	  	Joint Stock Company:	  	Yanzhou Coal Mining Company Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5382232
			
		  	Fax no.:	  	0537-5382831
			
	(b)	  	Group Company:	  	Yankuang Group Corporation Limited
			
		  	Address:	  	 298 South Fushan Road, Zoucheng. Shandong
 Province, the
People’s Republic of China

			
		  	Telephone no.:	  	0537-5384031
			
		  	Fax no.:	  	0537-5382032

  

	 	12.2	The timing for the delivery of the notices or documents: 

  

					
	(a)	  	By hand:	  	At the time when the notice or document is delivered
			
	(b)	  	By post:	  	Five (5) working days after the notice or document is posted (Saturdays, Sundays and public holidays in the PRC shall be not counted)
			
	(c)	  	By fax:	  	At the time when the fax is received. If the fax is received beyond the normal business hours, it will be deemed to be delivered in the normal business hours of the following days, except
Saturdays, Sundays and public holidays in the PRC, with the delivery report printed from the fax machine of the sender confirming the fax is transmitted completely.

  

	13.	Applicable laws and jurisdiction 

 This agreement is
governed by the laws of the PRC and shall be construed 
  

 13 

 according to the laws of the PRC. Any dispute in connection with or arising from this agreement
(including its subsistence, validity, termination or any issue related to the rights or obligations of both parties under this agreement) shall be submitted to the Jining Arbitration Commission of Shandong Province for arbitration by any party after
failing to resolve through amicable negotiation. The arbitration will be conducted at Jining in accordance with the arbitration rules then effective of such arbitration commission at the time the submission is made. The award of arbitration shall be
final and shall be binding on both parties. 
  

	14.	General 

 This agreement is made in Chinese.

 There are four counterparts to this agreement. Both parties to the agreement shall each hold two copies after they are signed by the legal
representatives or authorized representatives with seal affixed. Each copy of the agreement shall carry the same effect. 
  

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 This agreement is executed on the date written on the first page above. 
 Yanzhou Coal Mining Company Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed]

 Yankuang Group Corporation Limited 
 (with seal affixed) 
 Legal representative or authorized representative: [signed] 
  

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 Annex: Provision of products and materials and supplies by the Joint Stock Company to the Group Company 
  

									
	 No.
	  	 Items
	  	 Pricing Basis
	  	Term	  	Notice period
for termination
	 1
	  	Coal	  	Market price	  	3 years	  	12 months
					
	 2
	  	Materials and supplies: steel, timber, grease, axles, labour safety products and other related materials and supplies	  	Market price	  	3 years	  	12 months

  

 16

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