In the first half of 2014, faced with continuous sluggish of coal market and decline of coal price, most coal enterprises fell into unprecedented difficulties and challenges. Through a series of active operating measures including “Three Reductions & Three Enhancements”, the company reversed the situation and achieved good operating results. In order to communicate with domestic and overseas capital market about business conditions better, two roadshow presentation groups, led by Mr. Wu Yuxiang, the CEO of the company, and Mr. Zhao Qingchun, the assistant general manager and the director of Finance Management Department, respectively, and participated with relevant personnel from Secretariat of Board of Directors and Finance Management Department, were assigned to carry out the 2014 interim results presentation from August 25 to August 29, 2014 at home and abroad. In this roadshow, the domestic and overseas roadshow group of the company communicated with 133 analysts from investment institutions and 15 financial reporters by ways of one-to-many, one-to-one meeting, luncheon, press conference, etc. The working group introduced business conditions in the first half of 2014, business strategies and measures in the second half of 2014, and analysis and judgment of domestic and overseas coal market in detail to the capital market at home and abroad. Also, the group earnestly answered focus and hot issues from investors and got good results. As the attention on listed coal company weakened gradually, this roadshow is not only the positive response to domestic and overseas market, but also the promotion of market faith and brand value of Yanzhou Coal with great significance. Several authoritative media reported the interim results of Yanzhou coal positively. JP Morgan Chase and Templeton Asset Management increased the shareholding of 4.75 million H shares and 3.75 million H shares, respectively. Credit Suisse Securities, CICC and other large securities companies kept the neutral rating in the severe condition of coal market.
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