Guizhou Coal Enterprises Accelerate Merger and Reorganization
The largest coal production base south of the Yangtze River in China, Guizhou Province, strongly promotes the merger and reorganization of coal mining companies. The coal mines that do not meet the minimum coal industry policy and do not participate in mergers and acquisitions will be closed down in batches and in batches.
Guizhou is an important part of China's large-scale coal cloud base. For a long period of time, the coal industry is not highly concentrated and has a single structure. At present, there are 1,441 coal companies (groups) of various types, of which only 59 are coal enterprises above designated size. The number of small coal mines accounts for about 90% of the total coal enterprises, and the proportion of output accounts for more than 70%. Due to the low level of technical equipment such as small coal mining and mining, and the relatively backward technology, the safety production situation is not optimistic.
Guizhou Provincial Energy Bureau Director Fu Jing said that through deepening mergers and reorganizations, it will promote the transformation of the coal industry from extensive to intensive development, increase industrial concentration, improve coal mine safety and security, and make coal companies bigger and stronger.
Fu Jing introduced that by the end of 2013, the number of coal enterprise groups will be reduced to less than 200, and the coal production controlled by the coal enterprise group with an annual output of more than 5 million tons will reach more than 60% of the province's total coal output.
Among them, the scale of the coal mining enterprise group after the merger and reorganization in Tongren Prefecture, Qiandongnan Prefecture, and Shunan Prefecture shall not be less than 800,000 tons/year; Guiyang shall not be less than 1 million tons/year; Zunyi, Anshun, and Qianxinan shall not be less than 150 10,000 tons/year; Liupanshui and Bijie are no less than 2 million tons/year.
Guizhou Province proposed to encourage all types of coal mining enterprises and electric power, metallurgy, and chemical companies to participate in mergers and acquisitions with property rights as the link and shareholding as the main form. Support qualified state-owned and private coal mining enterprises to become the main merger and reorganization, support the advantages of enterprises to carry out cross-regional, cross-industry, cross-ownership mergers and acquisitions. After being merged and reorganized, coal mines with an annual production capacity of 90,000 tons can be properly preserved in the coal-poor areas and areas with complex conditions for coal seams.
Statistics show that in the first quarter, Guizhou produced 37,268,600 tons of raw coal, an increase of 20.95%.
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