Yanzhou Coal Mining Co. (600188.SH; 01171.HK; YZC.NYSE) announced Wednesday that it has entrusted Jining branch of China Guangfa Bank, Jining branch of Industrial Bank, and Zoucheng subbranch of Agricultural Bank of China for financial management of a total 3.5 billion yuan for three months from September 29, 2015.
The entrusted 3.5 billion yuan would be invested in guaranteed income financing product and guaranteed floating income financing product, the company said.
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