Yanzhou Coal industry signs 8.99 million tons of electricity coal sales contract

Yanzhou Coal Industry (01171.　　HK January 17 Night in the HKEx announced that the company has signed the 2011 Shandong Province, the coal sales contract 8.995 million tons, the same period last year to reduce 10.1%; the average tax base price is 571.29 yuan/ton, down 1.2% from the same period last year. The announcement shows that the signing of the key electricity coal sales contract 4.29 million tons, the average tax base price of 503.86 yuan/ton; Signed provincial auxiliary key electricity coal sales contract 3.63 million tons, the average tax-bearing base price of 630.63 yuan/ton　　, signed the 2011 Annual supplementary Electricity coal sales contract 1.075 million tons, the average tax-bearing base price of 640 yuan/ton. In addition, the company also announced that its own capital of 2.6 billion yuan to increase its wholly-owned subsidiary Yanzhou Coal Ordos Energy company, the completion of the increase, the subsidiary company registered Capital will increase to 3.1 billion yuan. (Securities Times Network News Center)