Yanzhou Coal Mining (hereinafter referred to as Yanzhou) is a state-controlled company. It is the listed coal-producing subsidiary under Yankuang Group, which is run by the State-owned Assets Supervision and Administration Commission of Shandong province. Yanzhou produces both thermal and metallurgical coal. It operates coal-mining businesses in Shandong, Shanxi and Inner Mongolia in China, as well as in Australia. We focus on its operations in China in this report.