NEW YORK, May 18, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Yanzhou Coal Mining Company Ltd. (SEHK: 1171; OTCQX: YZCAY), a China-based coal mining company, has qualified to have its American Depositary Receipts (ADRs) trade on the OTCQX® Best Market. Yanzhou Coal Mining upgraded to OTCQX from the Pink® market.
Yanzhou Coal Mining begins trading today on OTCQX under the symbol "YZCAY." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We welcome Yanzhou Coal Mining to the OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will enable Yanzhou to provide further transparency to shareholders and increase its visibility among U.S. investors."
Yanzhou Coal Mining was sponsored for OTCQX by BNY Mellon.
Yanzhou Coal Mining Company Ltd.
Yanzhou Coal Mining Company Ltd. is principally engaged in the business of mining, preparation, processing and sales of coal and coal chemicals. The products of Yanzhou Coal Mining Company Ltd. mainly include thermal coal, which is used in large power stations; coking coal, which is used for metallurgic production; and high quality low-sulfur coal which is used for pulverized coal injection.
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