{
  "schema_version": "1.0.0",
  "ticker": "YAL",
  "company_name": "Yancoal Australia Limited",
  "cutoff_date": "2026-10-31",
  "reviewed_at": "2026-10-31",
  "coverage_note": "Combined Australian and Hong Kong register accounts, with separately dated substantial interests. These views overlap and should not be added.",
  "register": {
    "as_of_date": "2026-02-03",
    "issued_shares": 1320439437,
    "source_ids": [
      "annual"
    ],
    "holders": [
      {
        "holder_id": "register-01",
        "name": "HKG REGISTER CONTROL A/C",
        "classification": "nominee_custodian",
        "shares": 660656188,
        "percentage": 50.03,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-02",
        "name": "YANKUANG ENERGY GROUP COMPANY LIMITED",
        "classification": "direct_holder",
        "shares": 322157715,
        "percentage": 24.4,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "register-03",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED — rank 3",
        "classification": "nominee_custodian",
        "shares": 62967040,
        "percentage": 4.77,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-04",
        "name": "BNP PARIBAS NOMINEES PTY LTD <CLEARSTREAM>",
        "classification": "nominee_custodian",
        "shares": 56202289,
        "percentage": 4.26,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-05",
        "name": "CITICORP NOMINEES PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 41180818,
        "percentage": 3.12,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-06",
        "name": "J P MORGAN NOMINEES AUSTRALIA PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 37695839,
        "percentage": 2.85,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-07",
        "name": "BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT>",
        "classification": "nominee_custodian",
        "shares": 9150112,
        "percentage": 0.69,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-08",
        "name": "BNP PARIBAS NOMS PTY LTD",
        "classification": "nominee_custodian",
        "shares": 6308735,
        "percentage": 0.48,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-09",
        "name": "MR QINGNAN WEN",
        "classification": "direct_holder",
        "shares": 3250000,
        "percentage": 0.25,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "register-10",
        "name": "BNP PARIBAS NOMINEES PTY LTD <AGENCY LENDING A/C>",
        "classification": "nominee_custodian",
        "shares": 2752740,
        "percentage": 0.21,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-11",
        "name": "PINEMONT PLANTATIONS PTY LTD",
        "classification": "direct_holder",
        "shares": 2500000,
        "percentage": 0.19,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "register-12",
        "name": "CPU SHARE PLANS PTY LTD <YAL EST UNALLOCATED A/C>",
        "classification": "nominee_custodian",
        "shares": 2177912,
        "percentage": 0.16,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-13",
        "name": "NETWEALTH INVESTMENTS LIMITED <WRAP SERVICES A/C>",
        "classification": "nominee_custodian",
        "shares": 2161861,
        "percentage": 0.16,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-14",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2",
        "classification": "nominee_custodian",
        "shares": 1520062,
        "percentage": 0.12,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-15",
        "name": "MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LIMITED",
        "classification": "nominee_custodian",
        "shares": 1304429,
        "percentage": 0.1,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-16",
        "name": "MR RAYMOND JAMES ALLAN",
        "classification": "direct_holder",
        "shares": 890000,
        "percentage": 0.07,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "register-17",
        "name": "BNP PARIBAS NOMS PTY LTD <GLOBAL MARKETS>",
        "classification": "nominee_custodian",
        "shares": 841766,
        "percentage": 0.06,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-18",
        "name": "MUPPET HOLDINGS PTY LTD",
        "classification": "direct_holder",
        "shares": 735414,
        "percentage": 0.06,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": []
      },
      {
        "holder_id": "register-19",
        "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED — rank 19",
        "classification": "nominee_custodian",
        "shares": 655876,
        "percentage": 0.05,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      },
      {
        "holder_id": "register-20",
        "name": "BNP PARIBAS NOMINEES PTY LTD <UOB KH PL>",
        "classification": "nominee_custodian",
        "shares": 602650,
        "percentage": 0.05,
        "percentage_basis": "issued_shares",
        "as_of_date": "2026-02-03",
        "investor_id": null,
        "identity_note": null,
        "source_ids": [
          "annual"
        ],
        "notes": [
          "Registered or Hong Kong control account; no beneficial owner inferred."
        ]
      }
    ]
  },
  "substantial_holders": [
    {
      "holder_id": "yankuang",
      "name": "Yankuang Energy Group Company Limited",
      "classification": "reporting_group",
      "shares": 822157715,
      "percentage": 62.26,
      "percentage_basis": "voting_power",
      "as_of_date": "2025-12-31",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "annual"
      ],
      "notes": [
        "Annual report records a beneficial interest; Shandong Energy holds a deemed interest in the same shares."
      ],
      "caveat": "Historical disclosure; current position may differ."
    },
    {
      "holder_id": "cinda",
      "name": "Cinda International HGB Investment (UK) Limited and related entities",
      "classification": "reporting_group",
      "shares": 92343745,
      "percentage": 6.99,
      "percentage_basis": "voting_power",
      "as_of_date": "2026-10-26",
      "investor_id": null,
      "identity_note": null,
      "source_ids": [
        "cinda"
      ],
      "notes": [
        "Relevant interests of related entities overlap; notice records the same holding across them."
      ],
      "caveat": "Historical disclosure; current position may differ."
    }
  ],
  "sources": [
    {
      "source_id": "annual",
      "title": "Annual Report 2025",
      "publisher": "Yancoal Australia via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03081948-2A1667994",
      "publication_date": "2026-04-23",
      "accessed_date": "2026-10-31",
      "locator": "PDF pages 18, 157",
      "detail": "Combined ASX and HKEX registered accounts at 3 February 2026 and beneficial interests at 31 December 2025."
    },
    {
      "source_id": "cinda",
      "title": "Cinda change in substantial holding",
      "publisher": "Cinda via ASX",
      "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03153752-2A1706377",
      "publication_date": "2026-10-27",
      "accessed_date": "2026-10-31",
      "locator": "PDF page 2, visually reviewed",
      "detail": "92,343,745 ordinary shares and 6.99% voting power at 26 October 2026."
    }
  ],
  "limitations": [
    "Hong Kong register control and nominee accounts conceal underlying beneficial owners; duplicate HSBC names distinguished by rank.",
    "Yankuang’s 31 December 2025 beneficial interest and February 2026 registered holding are different views and dates.",
    "Cinda’s October 2026 notice supersedes its older position in the annual report.",
    "Later trades below disclosure thresholds can change ownership without new notices."
  ]
}
