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公司公告

兖州煤业:H股通函2021-01-14  

                         YANZHOU COAL MINING COMPANY LIMITED

                                            1171




                          (1)
           (2)




                    9    61                              62   63
               64       109

    2021   2   5                8   30
273500                                   2021   1   13




                                                              2021   1   13
.............................................................    1

     ........................................................    9

             ................................................   62

       ......................................................   64

             ................................................   I-1




                             –i–
A
                 1.00

Anotero   Anotero Pty Limited
            Glencore




CNAO      Coal & Allied Operations Pty Ltd
                                             Coal &
          Allied Industries Limited



                        H   A




                –1–
                                            2020        2    7




           2021     2   5                    8        30

                                                                 (i)

                                                  (ii)



                               2017    11     27



                               2018    12    5



                                       2019        12       30



Glencore   Glencore



Glencore   Glencore                                        Glencore
                               HVO                            HVO



Glencore            Glencore    2018    6        29




            –2–
    Glencore                 Glencore    2018        8    6



    HVO                          Glencore                2018   5   4



    HVO                          Glencore                2018   5   4



                                        2017    11       27



                                        2017    11       27



                                        2017    11       27



                                        2017    11       27




Glencore       Glencore Coal Pty Limited




                     –3–
Glencore Coal   Glencore Coal Assets Australia Pty Ltd
                                    Glencore

Glencore        Glencore




                                            2004
                                                    98.33%



H                                                    1.00



                                                 2002
                                                            95.14%



HVO                        Hunter Valley Operations

                      HV Operations Pty Ltd     HVO Coal Sales Pty
                Ltd
                  Glencore              51%    49%

HV Ops          HV Operations Pty Ltd

                Glencore              51%     49%




                      –4–
               Glencore
Glencore                  HVO
    HVO




2021   1   8




       –5–
        2020   12   9



        2020   12   9



        2020   12   9



        2020   12   9



        2020   12   9



        2020   12   9



        2020   12   9




–6–
SalesCo   HVO Coal Sales Pty Ltd
                                             Glencore
                   51%   49%




          Yancoal Australia Limited

          YAL                         3668




                –7–
            1996   3   12

            56.01%




%




    –8–
     YANZHOU COAL MINING COMPANY LIMITED

                                           1171




                                                       298
                                                         273500




                                                         248
                                                       40




                       (1)
         (2)

I.

                2020     12    9                     2021 1    13
                                                  Glencore



                             (1)                            Glencore
          (2)




                                   –9–
II.

                                      2017   11     27        2019       12   30
      2018   1   11




                                      2018   6    29         2018    8    6     2018 11   2
                      2018    8   8                                           Glencore
                                      Glencore
      Glencore




                             Glencore
Glencore




      1.

      2.

      3.

      4.

      5.

      6.

      7.




                                                  – 10 –
           Glencore

    1.          Glencore

    2.          Glencore

    3.          HVO

    4.          HVO

         2020   12    9




         2020   12    9                        Glencore
                                 Glencore



                                                                       56.01%

                          HVO                                         Glencore
                             HVO                          10%       Glencore
HVO                                                             14A.07
Glencore
                                              Glencore
                           14A




                                            – 11 –
1.

i.

      2017 11 27                                                   2018   1
1    2020 12 31
        2017 11 27                               2018    1    11




         2020        12   9




       2020     12    9




       (1)

       (2)




                   2021       1   1       2023     12    31




              11     30
                                                 12     31




                                      – 12 –
(1)              (2)

(2)




      – 13 –
              2019       12     31                             2020     6    30



                                                                                    2020
                                                                                  1 1
                                                                     2020           2020
                                                                   12 31           6 30
    2018 12 31                       2019 12 31




    300,000      296,747             300,000      275,204          300,000         104,750

                         2020                               2020

      (i)
                  (ii)

                         2021          2022     2023   12     31

900,000              1,000,000                    1,100,000




                                     – 14 –
             0.1%             5%
                                        14A




                          (i)                                               (ii)
                          (iii)

ii.

          2017 11 27                                                 2018     1
      1      2020 12 31
                 2017 11           27                2018   1   11




             2020        12   9




           2020     12    9




           (1)

           (2)




                                          – 15 –
           2021   1   1       2023    12    31




      11   30
                                     12    31




(1)                                              (2)



(2)




                          – 16 –
(i)



(ii)   (i)




             – 17 –
                       18%




                  5%



2.35




       – 18 –
2019    12         31                                 2020     6      30



                                                                                 2020
                                                                               1 1
                                                                     2020        2020
               2018                         2019                   12 31        6 30
          12 31                        12 31




          85,000           46,198     95,000         83,554          110,000     44,939
         140,000          137,200    140,000          6,333          140,000          0
         887,000          651,386    975,700        655,438        1,073,270    349,659
          40,000           20,702     45,000         15,904           50,000      6,365
          90,000           14,399    100,000         49,132          110,000      3,425
         120,000           25,324    130,000        102,834          140,000      1,819
       1,100,000        1,044,908    900,000        896,497          700,000    119,166
          50,000           24,524     50,000          4,708           50,000      1,822
         325,000          206,132    325,000        179,315          325,000     82,436
          18,000           12,993     18,000         12,761           18,000     11,896
          52,000           51,500     52,000         50,480           52,000     24,567


       2,907,000        2,235,266   2,830,700      2,056,956       2,768,270    646,094




                         – 19 –
                                                                                                2020
                                                                                              1 1
                                                                                  2020          2020
                          2018                       2019                       12 31          6 30
                     12 31                      12 31




                    10,000          4,280      10,000                5,553        10,000            1,467
                   126,500         41,408     126,500               74,010       126,500           25,163
                    28,000          3,220      30,000               17,196        30,000                0
                    12,600              0      12,600                    0        12,600                0


                   177,100         48,908     179,100               96,759       179,100           26,630


                  3,084,100      2,284,174   3,009,800         2,153,715       2,947,370          672,724


                                             2020        12    31



                       2020                                         2020

                                                                             2021          2022
2023   12    31
                                    2,787,000                           3,139,000
 3,203,000              2021        2022      2023            12      31

 170,000          195,000                    220,000




                                  – 20 –
2023   12   31




                              2021        2022        2023
                            12 31       12 31       12 31




                               12,000      12,000      13,000
                              300,000     320,000     350,000
                            1,200,000   1,500,000   1,500,000
                               40,000      40,000      40,000
                              700,000     700,000     700,000
                               80,000      90,000     100,000
                               40,000      42,000      45,000
                              300,000     300,000     300,000
                               85,000      95,000     105,000
                               30,000      40,000      50,000


                            2,787,000   3,139,000   3,203,000




                              10,000      10,000      10,000
                              80,000      90,000     100,000
                              60,000      70,000      80,000
                              20,000      25,000      30,000


                             170,000     195,000     220,000


                            2,957,000   3,334,000   3,423,000




                 – 21 –
(1)

                                                                                           2021
      2022         2023    12     31
                                  12,000                        12,000                     13,000



(2)          (i)                                                                    (ii)

                                                                            (iii)
                    2021        2022        2023       12 31
                                                      300,000                       320,000
             350,000

(3)
                                                                       2021         2022          2023
        12   31
               1,200,000                          1,500,000                    1,500,000

(4)                        2020
                                                  2021        2022        2023      12     31
                                                                                           40,000
                    40,000                    40,000

(5)                                                                             2021
                             2021        2022            2023     12     31
                                                                          700,000
      700,000                     700,000




                                       – 22 –
(6)

                                       2021           2022         2023       12     31
                                                                                             80,000
                         90,000                  100,000

(7)

                                                                                          2021
       2022           2023   12   31
                                  40,000                      42,000                      45,000



(8)                                                                           2021        2022
       2023      12 31
                 300,000                   300,000                     300,000

(9)                                                                     (i)
                                                     (ii)
       (iii)
                                                                                                 2021
               2022      2023     12 31
                                  85,000                     95,000                       105,000



(10)

                                            2021            2022      2023      12 31
                                                                                30,000
               40,000                50,000




                                      – 23 –
(1)
                             2021        2022           2023    12    31
                                                                             10,000
        10,000                      10,000

(2)

               2021        2022        2023       12    31
                                                             80,000                   90,000
                 100,000

(3)
                                                                            2021       2022
      2023     12     31
                           60,000                      70,000                  80,000

(4)              2020                                                       2021
                                                                                2021          2022
          2023        12   31
                                              20,000                       25,000
      30,000




                                       – 24 –
                     5%
                                         14A



                                 (i)
       (ii)                      (iii)

iii.

         2017 11 27                                                       2018   1   1
       2020 12 31
         2017 11 27                                       2018   1   11




                2020        12   9




              2020     12    9




              (1)

              (2)




                                               – 25 –
          2021   1   1                  2023   12   31




                                                          (1)
18%                                  (2)                          2%




      2018       2019     12   31                          2020    6   30

900,552                  961,616                357,237




                                    – 26 –
                   10%
            2021   2022   2023   12    31
                                            770,000      847,000
        931,700




                                            14A




                                                                   (i)
                                                      (ii)
(iii)




                                 – 27 –
iv.

       2017 11 27
         2018 1 1                 2020    12   31                                    2020   2   7

                                                                                                    2017   11
  27    2020     2    7                                        2018        1    11




          2020        12      9




        2020     12       9




        (1)

        (2)




                     2021         1   1                 2023          12       31




               11     30
                                                                 12        31




                                                    – 28 –
(1)
      (2)

(2)




            – 29 –
        2019     12     31                                          2020    6       30



                                                                                           2020
                                                                                         1 1
                                                                             2020          2020
                    2018                             2019                  12 31          6 30
               12 31                            12 31




            2,272,500        2,269,360     2,638,000         1,244,961     2,771,000     1,035,437
            1,318,800        1,154,088     1,596,800           805,598     1,809,700       441,584
               80,000            1,588        80,000             5,456       100,000         1,891
               30,000            9,202        35,000            29,450        40,000        34,853
              110,000           56,318       120,000            28,065       130,000        15,115
               26,000           17,130        26,000             3,073        26,000             0


            3,837,300        3,507,686     4,495,800         2,116,603     4,876,700     1,528,880


                 2020                                            2020

            2021        2022             2023     12        31

3,320,000                    4,130,000                           4,542,000




                              – 30 –
                     2023    12     31




                                                        2021           2022            2023
                                                      12 31          12 31           12 31




                                                     2,500,000       3,200,000       3,500,000
                                                       700,000         800,000         900,000
                                                       100,000         110,000         120,000
                                                        20,000          20,000          22,000


                                                     3,320,000       4,130,000       4,542,000




1)      2020



2)      2021



(1)            (i)
      (ii)
      (iii)                                                          2021     2022       2023
         12    31
                 2,500,000                          3,200,000               3,500,000

(2)            (i)
        (ii)
                     2021     2022            2023       12     31
                                                                      700,000
      800,000                     900,000




                                         – 31 –
(3)          (i)                                                         (ii)

      2021         2022    2023    12    31
                                              100,000          110,000
             120,000

(4)                                                                2021
      2022         2023   12   31
                                20,000              20,000          22,000




                          5%
                                                         14A




                                   – 32 –
                                      (i)
                      (ii)            (iii)

v.

      2017 11 27                                                      2018   1
1    2020 12 31
        2017 11 27                                 2018     1    11




         2020        12   9




       2020     12    9




       (1)

       (2)




                   2021       1   1           2023     12   31




              11     30
                                         12       31




                                       – 33 –
(1)              (2)

(2)




      – 34 –
2019    12     31                                     2020    6       30



                                                                              2020
                                                                            1 1
                                                               2020           2020
            2018                        2019                 12 31           6 30
       12 31                       12 31




   3,641,000             0      3,841,000      1,615,332     4,281,000        55,629

   4,500,000        160,656     4,700,000       561,565      5,140,000       439,751


   8,141,000        160,656     8,541,000      2,176,897     9,421,000       495,380


        2020                                      2020

2023     12    31




                                 2021                2022                  2023
                               12 31               12 31                 12 31




                               2,970,000           3,270,000             3,270,000
                                 500,000             550,000               600,000


                               3,470,000           3,820,000             3,870,000




                    – 35 –
                                                        (i)                  2020
       (ii)              2021

2021                                (iii)
                                        2021     2022         2023      12   31

       2,970,000                3,270,000               3,270,000

                                                        (i)                  2020
       (ii)
                                                                             2021        2022
    2023      12    31
                                       500,000                   550,000
600,000

                                                                                    2020
                                                                                    (http://
www.sci99.com/)          Wind   (http://www.wind.com.cn/)

                                                                     2021         2022
2023   12     31                                                             2020
                                                   2020                        (i)
           534.75        (ii)                   697.00          (iii)
9,150.00




                                     – 36 –
5%
             14A



     (i)                      (ii)
     (iii)




                   – 37 –
vi.

      2018    12 5
      2019    1 1         2020        12   31
                                                                         2018   12   5




         2020    12       9




       2020     12    9




       (1)

       (2)




                 2021         1   1                 2023   12   31




                                                                     2




                                                           1,500




                                                – 38 –
       2019   12     31                        2020   6 30
                                                       7,300                0
                     2020                             2020

                                                                2023   12   31
                                                               3,000             3,000
          3,000




                                                      (i)
              (ii)
                            (iii)




                                                                             0.1%
                                                                                    14A




                   (i)
(ii)               (iii)




                                    – 39 –
vii.

       2019    12     30
                      2020     1   1   2020     12       31
                                                                        2019   12   30




          2020        12   9




        2020     12    9




        (1)

        (2)




                    2021       1   1              2023        12   31




                                              – 40 –
(1)
      5%              7.5%

(2)

(3)

(4)




           – 41 –
(5)                                                 1%




      2023   12   31




                                    2021        2022        2023
                                  12 31       12 31       12 31




                                  6,510,000   7,595,000   8,680,000



                                   510,000     595,000     680,000




                       – 42 –
 (1)

 (2)                                              4.25%
            2020   6                                       LPR          LPR
        3.85%       LPR   4.65%                                       LPR
                                                           4.25%   7.5%
                     1%




5%
             14A
                                             5%    25%
                                                      14




     (i)                                                           (ii)
     (iii)




                                  – 43 –
2.           GLENCORE

i.           Glencore

           2018     6    29                   Glencore                Glencore
                                   Glencore
                                            Glencore
Glencore                                2020 12 31
                                                  Glencore
                    2018       6   29

           2020     12     9                                Glencore                            2021    1
     1                                                       2023 12          31




             (1)

             (2) Glencore




                          Glencore
                        Glencore




                    Glencore                           2021   1   1                      2023    12    31
                                                                        Glencore




                    Glencore                                                       (i)
         Glencore                               (ii)                  (iii)
                                                                       (iv)




                                                 – 44 –
                               Glencore                                         Glencore




                                                     NEWC
                                        API 5
                                                                                            Platts
Coal Trader International                                                             Platts Coal
Trader International                                                                        PCI
  (LVPCI)            (SSCC)        JKT
                                                     POSCO




                                                        Glencore
  Glencore




                2019     12    31                                   2020    6    30
    Glencore

                                                                                              2020
                                                                                         1     1
                                                                             2020            2020
                                 2018                        2019          12    31       6     30
                       12     31                   12   31




    Glencore




                       350,000      297,000        350,000      243,000     350,000          113,000




                                        – 45 –
                                                  2021      2022      2023 12       31
            Glencore                                                   350,000
350,000          350,000

          Glencore                                                            (i)
          (ii)  2021       2022       2023       12   31              Glencore
                  (iii)

          Glencore

    Glencore
                                                      Glencore          Glencore
                                      Glencore




            Glencore
            1%             Glencore

                                                            14A.101
    Glencore




                                                 Glencore
                              (i)
            (ii)              (iii)




                                      – 46 –
          Glencore



ii.            Glencore

            2018     8    6           Glencore              Glencore
                     Glencore
               Glencore                                                Glencore
          2020 12 31
                   Glencore                                                       2018   8    6
                     2018 8 8

            2020     12       9                       Glencore                       2021     1
      1                                                2023 12     31




               (1)

               (2) Glencore




                           Glencore
                         Glencore




                     Glencore                    2021   1     1                   2023   12
          31                                                       Glencore




                                           – 47 –
           Glencore                                                         (i)
Glencore                                (ii)                (iii)
                                               (iv)
                 Glencore                                          Glencore




                      Glencore



                                                      Glencore
                                Glencore




                  2019     12      31                                    2020      6   30
    Glencore

                                                                                                 2020
                                                                                             1    1
                                                                                    2020         2020
                                   2018                         2019              12   31    6     30
                         12     31                    12   31




      Glencore


                         350,000        105,000       350,000          72,000      350,000       45,000




                                          – 48 –
                                                    2021      2022      2023 12     31
             Glencore                                                    250,000
250,000           250,000                  Glencore
                   (i)                   (ii)   2021          2022      2023   12   31
                                                 (iii)

          Glencore

                                Glencore

  Glencore           Glencore                                                  Glencore




             Glencore
             1%             Glencore

                                                              14A.101
    Glencore




                                                   Glencore
                                (i)
             (ii)               (iii)




                                        – 49 –
       Glencore



iii.          HVO

         2018     5    4                       Glencore         HVO
                                     Glencore Coal       HVO
                                                     HVO
                               HVO                                 2018    8    8



         2020     12       9                              HVO                  2023   12
   31




              (1) HV Ops

              (2) SalesCo

              (3) Glencore Coal




              HV Ops           Glencore Coal                     SalesCo       Glencore
       Coal

                HVO




                SalesCo




                                               – 50 –
    (i)     HV Ops       Glencore Coal                  Glencore Coal              HVO
            SalesCo



    (ii) HV Ops          Glencore Coal               Glencore

                                               Glencore



                        Glencore Coal
Glencore Coal                      30
                                                          Glencore Coal
                                  HV Ops




                      Glencore Coal            HV Ops                             HV Ops




                      2019   12       31                                   2020    6     30
    HVO

                                                                                                 2020
                                                                                                1 1
                                                                                       2020      2020
                                      2018                        2019             12 31        6 30
                             12 31                       12 31




          Glencore


                             18,000          6,470       18,000          11,270        18,000     6,470




                                             – 51 –
             HVO                      2021        2022    2023    12 31
                                 18,000            18,000         18,000

                                HVO
         2023     12    31

       HVO

       Glencore           HVO                                 SalesCo
                                                   Glencore




                  HVO
                                                                        1%
                  14A.76                HVO



                                                                           HVO



                                                 HVO
                        (i)                                                      (ii)
                     (iii)

iv.    HVO

      2018   5   4CNAO Anotero SalesCo                      HVO
                    CNAO Anotero                       SalesCo       HVO
                                SalesCo                        HVO
      CNAO Anotero                                          CNAO Anotero
SalesCo  CNAO Anotero            HVO                            HVO
                               HVO
  2018 8 8




                                      – 52 –
     2020   12   9                                     HVO                          2023     12
31




      (1) CNAO

      (2) Anotero

      (3) SalesCo




                 HVO                  (i) CNAO       Anotero                  SalesCo
 HVO                                                                          SalesCo
 CNAO       Anotero                                                      Glencore
                       (ii) SalesCo       CNAO         Anotero                        SalesCo
   SalesCo                                                                               (i i i)
 SalesCo       SalesCo                                                     CNAO     Anotero
          Glencore                                      Glencore
       CNAO Anotero                     SalesCo        CNAO Anotero
      HVO




      SalesCo         CNAO     Antero                   SalesCo




      SalesCo    CNAO        Antero                            SalesCo




                                          – 53 –
                  2019    12       31                                     2020   6     30
   HVO

                                                                                              2020
                                                                                            1 1
                                                                                     2020     2020
                                   2018                         2019             12 31       6 30
                         12 31                         12 31




   SalesCo Anotero


                         750,000          551,000     750,000          621,000    750,000    218,000




        HVO                             2021          2022       2023 12          31
SalesCo Anotero                                                  750,000                750,000
    750,000                                                                               HVO



   HVO

       HVO
                                                                                        SalesCo
                                                                HVO
       SalesCo                 HVO
      HVO                                                          SalesCo                    HVO




                             CNAO                                           CNAO
HVO          51%               SalesCo51%                    HVO         SalesCo
                         Glencore                                Anotero         HVO
            10%               SalesCo    10%




                                           – 54 –
     14A.07          Glencore



                  HVO
     1%         (i)  HVO
                                                     (ii)                             (iii)
                                               14A.101(2)
                 14A.101            HVO




                                                                                HVO



                                                     HVO
                        (i)                                                            (ii)
                     (iii)

3.



2,267,169,423    A     454,989,000   H                                  56.01%




Glencore

                                               2,267,169,423   A          (i)
              1,875,662,151     A                                        (ii)
                                                      391,507,272   A




                                          – 55 –
    (i)




    (ii)




    (iii)




Glencore                                       2020   12   9




                              Glencore

            (1)



Glencore                Glencore
                        HVO              HVO
                  (2)




                             – 56 –
Glencore             Glencore
                     HVO         HVO



                                       2021




5%




           776,920

              298




                      – 57 –
Glencore

       Glencore   Glencore plc                      Glencore plc
                      Glencore plc



Anotero

       Anotero Pty Limited                                         Glencore

CNAO

       Coal & Allied Operations Pty Ltd
           Coal & Allied Industries Limited

SalesCo

       SalesCo        HVO                               HVO
                  SalesCo

III.

                             2020   12   9




       1.                                                          200

       2.



            i.




                                             – 58 –
           ii.



           iii.

      3.




IV.

                  2021    1    13




      1.

           (1)



           (2)



           (3)



           (4)




                         – 59 –
     (5)



     (6)



     (7)



2.                     Glencore



     (1)    Glencore                   2021   1   1



     (2)    Glencore                   2021   1   1



     (3)   HVO

     (4)   HVO




3.




                            – 60 –
V.                          H

                     2021   1   28         2021 2 5
       H                                     H
                                          2021 1 27                 4   30
                 H                                                            183
               17M
               H

                                                                             2021 1
  13                                     H                                     H
                                                              183                17M
                            A
                      298            273500




VI.

                                                   Glencore




VII.




2021       1   13




                                        – 61 –
YANZHOU COAL MINING COMPANY LIMITED

                                     1171




                                            298
                                              273500




                                              248
                                            40




        2021     1   13




                                                 Glencore
      Glencore
       HVO                     HVO




                          – 62 –
                                                                     64   109



                             9   61



                                          Glencore                        Glencore
                                                        HVO                  HVO




                         Glencore                         Glencore
                                                           HVO
HVO                        (i)                   (ii)
                 (iii)




Glencore                   Glencore
           HVO           HVO




2021   1   13




                                      – 63 –
                                                               18-20

                                                         25   2502




                                                   (a)                 (b)
                                             (c)               (d)
                                (e)
2021   1   13




                         2020     12    9




                56.01%
                 14A




                                       – 64 –
                                                 5%
                                                                                14A




                                                            (i)
                                                                              (ii)
                                                                          (iii)




                                           (a)
                                                  2019        10   11
(b)
                    2020     11       16              (c)
                                                                   2020    11        16

              (i)                                       (ii)
      (iii)




                           – 65 –
13.84




        – 66 –
A.




B.



                                 776,920

                                    298

                                                           56.01%



C.

     (1)

           (a)

                 2017 11 27
                 2018 1 1           2020    12        31

                 2020   12   9




                                           – 67 –
(b)




      2020   12    9




      (a)

      (b)




                       2021   1   1              2023   12   31




                  11   30
                                                                  12   31




                                      – 68 –
(I)                            (II)



(II)




(I)




       (i)




       (ii)   (i)




(II)




                    – 69 –
(I)

      (a)

      (b)

      (c)

      (d)

      (e)

      (f)

      (g)




      (h)

      (i)

      (j)

      (k)




      – 70 –
(II)   (a)




                  =   X




       (b)




       – 71 –
(c)



                   18%




(d)




           5%




            2.35




– 72 –
(c)



2020                    (i)                        (ii)




                                    (i)
                                                  (ii)



      (I)

                                                (a)               (b)
            (c)         (d)                      (e)                 (f)
                  (g)                     (h)             (i)   (j)
            (k)




                         – 73 –
(II)

                     (a)              (b)   (c)
               (d)




       (I)

       (II)

       (III)



       (IV)




                           (i)                    (ii)




                           – 74 –
     (d)

              2018         12      31              2018                                       2019        12
       31   2019                               2020 6 30                                    2020




            2018            2018              2019             2019             2020              2020




1                 46,198           85,000             83,554           95,000           44,939         110,000
2                137,200          140,000              6,333          140,000                –        140,000
3                651,386          887,000            655,438          975,700          349,659       1,073,270
4                 20,702           40,000             15,904           45,000            6,365          50,000
5                 14,399           90,000             49,132          100,000            3,425         110,000
6                 25,324          120,000            102,834          130,000            1,819         140,000
7              1,044,908        1,100,000            896,497          900,000          119,166         700,000
8                 24,524           50,000              4,708           50,000            1,822          50,000
9                206,132          325,000            179,315          325,000           82,436         325,000
10                12,993           18,000             12,761           18,000           11,896          18,000
11                51,500           52,000             50,480           52,000           24,567          52,000

               2,235,266        2,907,000        2,056,956        2,830,700            646,094       2,768,270

                   76.9%                              72.7%                             23.3%




                                   – 75 –
                 2018             2018              2019              2019             2020             2020




1                        4,280            10,000            5,553             10,000           1,467            10,000
2                       41,408           126,500           74,010            126,500          25,163           126,500
3                        3,220            28,000           17,196             30,000               –           30,000
4                            –           12,600                –            12,600               –           12,600

                        48,908           177,100           96,759            179,100          26,630           179,100

                        27.6%                              54.0%                              14.9%

                                                           2019        12      31              2020
                                                                                         14.9% 76.9%




    (I)

          (i)



                                                                 (a)                                           (b)
          2018
          (c)
                                                                     2019
                   2019                        2020




                                         – 76 –
       (ii)




       (iii)




       2018      2019                2020




       (iv)



                                    2019     2020



       (v)



       2018      2019                2020



(II)

       (i)

               2018                2019     2020




                        – 77 –
(ii)

               2020   12      31




(iii)

        2020                                    2020
                       COVID-19       2020         COVID-19
          2020    6    30                2020



(iv)



           2020       12     31




                           – 78 –
(e)

           2021 12 31        2021             2022   12   31
  2022     2023 12 31       2023




                                2021        2022          2023




      1                        12,000      12,000       13,000
      2                       700,000     700,000      700,000
      3                        40,000      40,000       40,000
      4                       300,000     320,000      350,000
      5                     1,200,000   1,500,000    1,500,000
      6                        80,000      90,000      100,000
      7                       300,000     300,000      300,000
      8                        40,000      42,000       45,000
      9                        85,000      95,000      105,000
      10                       30,000      40,000       50,000

                            2,787,000   3,139,000    3,203,000




                                2021        2022          2023




      1                       10,000      10,000       10,000
      2                       80,000      90,000      100,000
      3                       60,000      70,000       80,000
      4                       20,000      25,000       30,000

                             170,000     195,000      220,000




                 – 79 –
(I)




      (i)

                                                  2023     12       31




                                         2023    12   31




                                            a                   b            c=a*b

                                           39         210,000             8,190,000

                                           54            53,400           2,883,600

                                                                         11,073,600

                          (d)                   (I)
                           (i)
                                                                      2020    12
      31                      1.4           2021                    2022
             1,200        2023                1,300

      (ii)

                                                                              2021
                 30,000                2023 12 31
                                          22,000




                            – 80 –
(iii)

                  (i)                                    (ii)             2021
                                    2020                                             2020
11      16                            (iii)
                                                                                  (iv)
   2020 12              31
       2023             12   31
(a) 2021                                            3,000                     9,300
                         (b)                        1,000                     4,500
                                              (c)     2023      12       31
                             300
              3,540

(iv)

               (a)      2020
                                                                                  (b)
2023         12   31
                  2021                                               3        2018
        2019                   2020



2022                     2023                            7%      9%

(v)

               2021
                                                     2021
                                      12            2020




                                   – 81 –
                     2020                       2022
              2023
                15

(vi)



        2021
3,470                3,840        2020



                         2021




                                  2022   2023
        13%    11%




                       – 82 –
(vii)

        2023       12   31



                                                    2023
                        2023                   12   31
                   12   31




                                         %
                               a         b          c=a*b

                        13,474           1.5          202

                         1,700           1.5           26

                         4,600           1.5           69

                                                      297

                                   AAA




        – 83 –
(viii)




                                                                2021




                                                                          908
                                                                           60
                                                                       25,020
                                                                        3,592
                                                                        3,000
                                                                           60

                                                                       32,641

           2023   12    31
                        2020        12    31



                2022                    2023                           2022
         2023                                                   5%     7%

(ix)

                                  (a)
         (b)

                                               (a)   2020
         (b)                                             2023   12     31
                                                                            681




                       – 84 –
                 2021
4,200              6,300                   4,300



                                                2021
               1,300                                   2.35    2021
                              3,100

              (a)                 (b)                           (c)2022
              2023                              2022            2023
                                    12%   11%

(x)




                                                                2021




      (i)                                                         21,000
      (ii)
      (iii)

                                                                      8,630



                                                                  29,630

                            (i)                                   (ii)
                                                       (a)5G             (b)




                       – 85 –
                     (c)                             (d)
2022              2023                                                   33%
  25%




(i)




                                  2023       12     31




                                         a                    b         c=a*b



                                  1,600                   1,600      2,560,000

                                  2,700                     900      2,430,000
                                  2,200                   1,980      4,356,000

                                                                     9,346,000

           2023   12   31                                              2020
12    31                                                      2020   12 31

                                             2020        11   30




                       – 86 –
(ii)




                                                       2021



                                 a                b       c=a*b

                             18,000          37         666,000



                                40    1,503,000       60,120,000



                                35      273,000        9,555,000




                                                      70,341,000

         2022      2023
                     2022             2023
                13% 11%

(iii)




        2021                                 6,000
                                             (i)




                  – 87 –
                          (ii)              (iii)
                       (a)                          (b)




                2022               2023
             7,000                 8,000

      (II)




(f)




      (I)




      (II)




                                 – 88 –
(2)

      (a)

              2017        11   27
                                2018       1       1          2020   12   31

              2020        12   9




      (b)




            2020     12    9




            (a)

            (b)




                               2021    1       1              2023   12   31




                          11   30
                                                                               12   31




                                                   – 89 –
(I)
             (II)

(II)




       (I)          (i)

                    (ii)

                    (iii)




                    – 90 –
            (II)              (i)




(c)



      (i)
         (ii)   2020




                                         (i)
                       (ii)




                              – 91 –
                                                                                                  (i)
                                                       (ii)



    (d)

                          2019        12     31                                  2020



                              2018             2018               2019        2019         2020           2020




1                         2,269,360        2,272,500          1,244,961   2,638,000      1,035,437      2,771,000
2                         1,154,088        1,318,800            805,598   1,596,800        441,584      1,809,700
3                             1,588           80,000              5,456      80,000          1,891        100,000
4                             9,202           30,000             29,450      35,000         34,853         40,000
5                            56,318          110,000             28,065     120,000         15,115        130,000
6                            17,130           26,000              3,073      26,000              –        26,000

                          3,507,686        3,837,300          2,116,603   4,495,800      1,528,880      4,876,700

                             91.4%                               47.1%                      31.4%

                                                          2018                    2019                   2020

                31.4%   91.4%



          (i)

                   2019                    2020

                                  2019




                                            – 92 –
      (ii)

              2019                2020



      (iii)

                 2020       12        31
                                                                  (a)
                                       (b)



      (iv)

              2019                2020



      (v)

              2019                2020



(e)

                     2023        12        31



                                                          2021              2022        2023




      1                                               2,500,000         3,200,000   3,500,000
      2                                                 700,000           800,000     900,000
      3                                                 100,000           110,000     120,000
      4                                                  20,000            20,000      22,000

                                                      3,320,000         4,130,000   4,542,000




                                           – 93 –
(I)




      (i)

                                                                                     2021
                         2022                    2023
                                              520              670      730
                             440                                                 2020   11
            30         11
                              23                          29             33

      (ii)

                       2023     12       31
                       14
      2023           12 31                                                       7
                 8                   9



                  2023 12                31
                  2020 12                31
              2020 12 31

      (iii)



                                                                        28,700
                                                    514          2021
                     1,480




                                         – 94 –
                2021
                                                                              2,650
                       700                    1,570               490
       1,440                    6,850

                         2022                  2023
                10%    9% 2022                   2023
                                  1.1                      1.2

       (iv)

                                          2023        12   31
                                                                  2,300
                                                           0.85        2023   12
       31
              1,960

                             (d)                       (iv)
                              2023       12    31
       2020     12    31

(II)




                              – 95 –
      (f)




             (I)




             (II)




(3)

      (a)

                2017 11 27
            2018 1 1    2020   12   31

               2020   12   9




                                    – 96 –
(b)




      2020   12    9




      (a)

      (b)




                       2021   1   1              2023   12   31




                  11   30
                                                        12   31




      (I)                                                         (II)



      (II)




                                      – 97 –
(c)



2020   (i)         (ii)




        – 98 –
                   2020




                  (i)
(ii)




       – 99 –
(d)

                2019          12     31                             2020




                      2018             2018          2019          2019    2020             2020




                         –        3,641,000     1,615,332    3,841,000     55,629    4,281,000
                         –                         42.1%                    1.3%




                      2018             2018          2019          2019    2020             2020




                 160,656           4,500,000      561,565     4,700,000    439,751    5,140,000
                   3.6%                            11.9%                     8.7%

                                                      2018                 2019
      2020                                                                              0%
      42.1%

         (i)

                                          2020       12      31



                                                                  2018               2019
               2020




                                     – 100 –
            (ii)



                   (a)                                                    (b)



(e)




                                               2021           2022        2023




                                          2,970,000     3,270,000     3,270,000




                                               2021           2022        2023




                                           500,000          550,000    600,000

      (I)

            (i)

                  2021
              2,000,000   20,000      300,000
            535              9,200                    700
                2020 11   30
                                                                       2,700




                              – 101 –
                                                       2022
                                                                          2022
               10%            2023                                            2022
             2023                                       32.7

             (ii)

                    2021
                410,000                                        980
                2020 11 30

                                                         2022         2023
                             2022    2023                                            10%
             9%           2022          2023
             5.5                 6                2023     12        31
                              2020   12    31



      (II)




(f)



                                                 (a)
                    (b)




                                     – 102 –
(4)

      (a)

              2019        12       30
                                                                   2020   1   1   2020   12   31



              2020        12       9



      (b)




            2020     12        9




            (a)

            (b)




                                   2021   1   1        2023   12   31




                                                  – 103 –
(a)
      5%          7.5%




      – 104 –
       (b)

       (c)

       (d)

       (e)                                   1%




(c)



2020               (i)         (ii)




             (i)                      (ii)




                   – 105 –
(d)

             2020

                                     2020               2020




                                                  –           814,000
                                                  –            64,000

                                                  –

                                               2020
                                                        2020
      COVID-19

(e)




                    2021             2022               2023




                         6,000,000          7,000,000      8,000,000
                           510,000            595,000        680,000




                    – 106 –
(I)

      (i)

                                       2021



                                                         2021
                                                    12   31




                                                          2,800
                                                          1,500
                                                          1,500
                                                            200

                                                          6,000



                                2022              2023
                                                            17%
      14%

      (ii)

                                4.25%
                                     2020     6
             3.85%                                  4.65%




                           1%




               – 107 –
      (II)




(f)




      (I)




      (II)




      (III)



      (IV)



                      (i)               (ii)

              (iii)




                            – 108 –
2021   1   13

                            6




                – 109 –
1.




2.




                                               XV
           (i)                   XV    7   8

          (ii)                   352
     (iii)




                                                    A



                                                        10,000
                                                        10,000
                                                        12,800

                 A




                     – I-1 –
                                     320,000
                                     260,000
                                     260,000
                                     260,000
                                     150,000
                                     120,000
                                     150,000
                                     150,000
                                     260,000
                                     150,000
                                     150,000
                                     150,000
                                     260,000


     /                              2,640,000




              XV     2   3



3.

                             2019   12   31




         – I-2 –
4.




                          6




                 2019    12    31




5.




6.

                        2019   12   31




     – I-3 –
7.




                                8.10

8.

                           13              1          12               (4
           6          1                1               2               (1
           1                                   2020               35
44

                                                                  2020
           35   44




9.

     (a)




     (b)                                          273500               298



     (c)             H
                     183   17     1712-1716

     (d)



                                                           2008   11




                           – I-4 –
      (e)

      (f)

10.



                                        979
            14

      (a)

      (b)        Glencore

      (c)

      (d)

      (e)

      (f)            4

      (g)




                            – I-5 –