Yanzhou Coal Mining Company Limited provided earnings guidance for the first half ended June 30, 2017. For the period, the company expects net profit attributable to shareholders will increase by approximately 440% as compared to the same period of last year. The significant growth of the Company's profit for the first half of 2017 as compared to the same period of last year is mainly due to the following reasons: as influenced by policies such as the national structural reform on the supply side and the reduction in the production capacity of coal industry, the price of saleable coal has increased significantly as compared to the same period of last year; and taking advantage of the successive commencements of commercial production of the new mines, the sales volume of self-produced coal has significantly increased as compared to the same period of last year.