The audit committee of the Board of Yanzhou Coal Mining Company Limited was established and Mr. Cai Chang, Mr. Tian Hui, Mr. Zhu Limin, Mr. Poon Chiu Kwok and Mr. Wang Ruolin were appointed as members of the audit committee. Mr. Cai Chang was appointed as the chairman of the audit committee.

The audit committee is responsible to the Board of the Company. The audit department of the Company is the working department of the audit committee.

According to the domestic and overseas supervisory regulations, the audit committee’s main responsibilities include:

(1) reviewing the work of external audit agencies, proposing the appointment, further appointment or replacement of external audit agencies;

(2) supervising the internal audit system of the Company and its implementation;

(3)responsible for communications between internal auditors and external auditors;

(4)reviewing the financial information and responsible for disclosure;

(5)reviewing the internal monitoring system and risk management system;

(6) performing other responsibilities authorized by the Board of the Company.