Restructuring Leads Coal to Develop Coal Mining Machinery to Meet the Market of 100 Billion Billion

The National Energy Administration released the "12th Five-year Plan" for the development of the coal industry yesterday. "Plan" proposes that by 2015, China's coal production capacity will reach 4.1 billion tons / year, forming 10 million tons, 10 50 million tons of large-scale coal enterprises, coal production accounts for more than 60% of the country, coal mining mechanization The degree reached more than 75%.

“Planning” also ranks merger and reorganization as the first of the “Twelfth Five-Year Plan” key tasks, and encourages integrated operations of coal, electricity, and transportation, promotes large-scale, intensive development, and fosters a group of large-scale enterprise groups with international competitiveness.

The cross-industry reorganization tide is about to appear. The “plan” clearly defines the ten key tasks in the next few years, among which coal mining companies’ mergers and reorganizations are listed as the top ten key tasks. "Planning" proposes that through mergers and reorganizations, the number of coal mining enterprises in the country will be controlled within 4,000 and the average size will be increased to 1 million tons per year.

"Planning" requires that mergers and reorganization will be based on a mining area in principle by the requirements of a subject development, the mining area as a unit to formulate plans to implement mergers and reorganization, reduce the development of the main body. Key coal-producing provinces (regions), such as Shanxi, Inner Mongolia, Henan, and Shaanxi, should focus on large-scale coal companies to further increase industrial concentration and promote the development of coal resources. Heilongjiang, Hunan, Sichuan, Guizhou, Chongqing, Yunnan and other provinces (municipalities) must increase their mergers and reorganization efforts to effectively reduce the number of coal mining enterprises.

It is worth noting that the "Planning" not only encourages coal-mining companies to participate in mergers and reorganizations, but also explicitly states that industries such as electric power, metallurgy, and chemical industries can all use property rights as a link and take joint-stock companies as their main form to participate in mergers and acquisitions.

According to the "planning", large enterprises with capital, technology, and management advantages are encouraged to cross-regionally, cross-industry, and cross-ownership mergers and reorganizations to encourage integrated operations of coal, electricity, and transportation, and to promote large-scale and intensive development, and to cultivate a batch of international companies. Competitive large enterprise groups.

Industry sources pointed out that in recent years due to thermal power losses, coal and other resources prices, power generation groups for shares and self-built coal mine enthusiasm. Therefore, once the policy is encouraged, the cross-industry restructuring tide will be worth the wait.

The coal mining machinery has reached a level of 100 billion in the coal market. In view of the low level of the overall productivity of the coal industry, the “planning” has also issued a clear prescription.

The "plan" requires that the degree of coal mining in the country reach more than 75%. Among them, large-scale coal mines have reached more than 95%; 300,000 tons and above of small and medium-sized coal mines have reached more than 70%; and 300,000 tons of small coal mines have reached more than 55%. Millions of tons of mines (outdoors) have reached 60 sites with a production capacity of 800 million tons/year. Safe and efficient coal mines have reached 800 sites and output is 2.5 billion tons.

In order to achieve the above objectives, China will vigorously promote the production of 6 million tons of coal mining face, annual output of 4 million tons of coal preparation system and other complete sets of technology and equipment in the "Twelfth Five-Year Plan", and improve the modernization of coal mining equipment, system automation, and management information level . Accelerate the promotion of mechanized complete sets of technical equipment and equipment, advanced personnel safety protection and mine rescue technical equipment for small and medium-sized coal mines.

At the same time, the competent authorities will focus on the annual production of 10 million tons of fully-mechanized mining equipment, mechanized mining equipment for thin coal seams, short-wall fully mechanized mining equipment, coal mine lanes for rapid excavation and supporting equipment, new mine auxiliary transportation equipment, and mine information network automation. Systems, as well as the development and demonstration applications of key components.

With the help of related measures, coal mining machinery companies will benefit in the long term. According to calculations made by the Galaxy Securities machinery industry analysts, according to the plan to determine more than 75% of the coal mine mechanization goals, the market demand for coal mining machinery industry will reach 100 billion -150 billion yuan.