Financial Services Agreement
Party A: Shanxi Coal Energy Group Co., Ltd. Address: Xishang Building, No. 318 Xikuang Street, Wanbolin District, Taiyuan City
Party B: Shanxi Coal Group Finance Co., Ltd. Address: Floor 41, Block B, Zhonghai International Center, Section 1, Jinchuan Road, Wanbolin District, Taiyuan City
Whereas: Party A is a publicly listed company legally established and in existence, with its shares traded on the Shenzhen Stock Exchange under the stock name "Shanxi Coal" and stock code "000983". Party A includes Shanxi Coal Energy Group Co., Ltd. and its wholly-owned subsidiaries and holding companies.
Party B is a non-bank financial institution approved by the former China Banking Regulatory Commission to provide financial management services to members of enterprise groups. Its registered capital is RMB 3.55 billion, with Shanxi Coal Group Co., Ltd. holding 80% and Party A holding 20%. Both Party A and Party B are subsidiaries controlled by Shanxi Coal Group Co., Ltd. In accordance with the "Administrative Measures for Financial Companies of Enterprise Groups," Party B can provide financial services to Party A. The parties have reached the following agreement for their mutual adherence:
1. Principles of Cooperation
1.1 Party A and Party B shall cooperate and perform this agreement in accordance with the principles of equality, voluntariness, complementary advantages, mutual benefit, common development, and win-win outcomes.
1.2 The cooperation between Party A and Party B is non-exclusive. Party A has the right to independently choose financial services provided by financial institutions, but under the same conditions, Party A shall give priority to financial services provided by Party B.