Yanzhou Coal Mining Co. Ltd. -- Moody's revises Yanzhou Coal's outlook to negative - (simplified Chinese)
/nwsys/www/images/PBC_147166 ??? ??? – ???????? ????? Moody's Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????? - ???? ????? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??????: Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????????? 1 ??????????????? (?????????????????,???????) ???????? 10 ??? ??, 2012 ? 10 ? 31 ?—???????????????????? ? Baa3 ???????????????????????????? ????? /?????????????:“????????????? ????????,???????????????????,??? ?????????????? 12-18 ???????????????? ??? Baa3 ??????????” ?????????????????????????????,? 2012 ? 6 ?????? Gloucester Coal ??????????????? ???????? ????????????????????????????,??? ??????,????????????????????????? ????? ??????,????????????????????????? ????????????????????????????,??? ??????????????,???????? ???? 2012 ???????????/EBITDA ????? 3.5 ?,?? ??? Baa3 ???????? ????: “???????????????,?????????? ?,???? 12 ?????????????????” ????????? 2 ???? Baa3 ??????????????,?????????? ?,????????? ??,????????????????????????, 2012 ?? ??????????? 180 ?????????????????? ?,??????????? ???????,?????????????????? ????????????????,????? /EBITDA ???? 3.0 ?,(????? –??)/?????? 20%,??????????? ??? ????????,??????????????:???????? ???????,??????????,??????? /EBITDA ?? ???? 3.0 ?,(?????–??)/???????? 20%??? ??,???????????????????????? 50%??, ????????????????????????,??????? ??????????? ??????????????? 2009 ? 5 ????«???????? ?» (Global Mining Methodology)? ????????????????,??????????????? 2012 ? 6 ?,?????????????? Gloucester Coal ???,? ??????????? ????? 1998 ?????????????????????? 53%? ???????????????????????????????, ?????????????? ????????????????????,??????????? ???? ???????????????????????????,??? www.moodys.com ?????????????????? ????????? 3 ???????????????,??? www.moodys.com ????/? ???????????????????????????????? ????????????????,???????????,??? ???????????????????????????????? ???????????? www.moodys.com ??????? ??????????????????????????????,? ?? www.moodys.com? Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 -?- ????????? 4 © 2012,?????????(Moody’s Investors Service, Inc.)?/??????????,?????“??” ( MOODY’S)?????,????? ????????? (“MIS”)???????????????????????????????????? ???????????,??????????????( “?????”)??????????????? ????????????????????????????????????????????????? ?????,?????????????????????????????????,??????:?? ????????????????????????????????????????????????? ???????????????????????,????????????????????????? ????????,???????????????????????????????????????? ????????????????,???????????????????????????????? ???????? ???????????? (?????????)??,??????????,????????????? ??????????????????????????????????????????????,?? ????????????????????????????????????????????????? ????????????????,?????? “???”???,?????????????????? ????,????????????????????????,?????????????,??(?? ?)??????????????????,???????????????????????????? ????????????,??( a)??????????????????????????????? ???????(???????)??????????(?????????????????????? ????????)???????????????????????,?( b)???????????? ??????????????(???????????),??????????,?????????? ??????????????????,?????????????????????????????? ??????????????????????(???)??????????????,??????? ????????????????????????????????????????????????? ????????????????????????????????????????????????? ?????????????????????????? ?? (????(MCO)?????????????)????,????????????(???????? ?????????????)?????????????????,????????????????? ?????????,?????? $1,500 ??? $2,500,000 ???????(MCO)???(MIS) ?????? ??,??? MIS ????????????MCO ??????????????? MIS ????????? ????????????? MCO ?? 5% ???????????????????,????????? ?????? www.moodys.com“???? — ???? — ?????????” ?????? ?????????????????????? Moody’s Investors Service Pty Limited ABN 61 003 399 657 ??, ???????????????,??? 336969????????? 2001 (Corporations Act 2001)? 761G ?? ?????????????????????????,?????????,???? ”????”,??? ?? ”????”????????,???????????????????? 2001 (Corporations Act 2001)? 761G ?????”????” ?????????? ???????, Moody’s Japan K.K.(“MJKK”)? 2010 ? 10 ? 1 ????????????? MJKK ????? ????????????????????????????????,??? “??”(MIS)????? “MJKK”??? MJKK ? Moody's Group Japan G.K.??????????????,? Moody's Group Japan G.K.?????? (MCO)???????? Moody’s Overseas Holdings Inc.????? ??????????????????????????,?????????????????????? ???????????????????????????????,????????????,???? ????????????? ]]>
