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Yanzhou Coal Mining Company Limited (BB+/Stable) and parent Shandong Energy Group Co., Ltd will see a strong increase in their profit and cash flow generation in 2021 on high commodity prices, despite constrained coal production, which supports Yanzhou Coal’s ratings, says Fitch Ratings. Yanzhou Coal’s operating profit soared by 122% yoy to CNY19.2 billion in . ....
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