Entrepreneurs Forum was held at 2019 Summer National Coal Trade Fair

Entrepreneurs Forum was held at 2019 Summer National Coal Trade Fair on July23, 2019 in Rizhao of Shandong Province. Zhang Hong, Deputy Secretary-General of the China National Coal Association, presided over the Entrepreneurs Forum.

Li Dong, Member of the Party Leading Group and Deputy General Manager of China Energy Investment Corporation, Peng yi, Deputy Secretary of the Party Committee and General Manager of China National Coal Group, Liu Chenglu, Deputy General Manager of Shandong Energy Group, Li Wei, General Manager of Yankuang Group, Wang Maosheng, Secretary of the Party Committee and President of Shanxi Coking Coal Group, Sun Chengkun, Secretary of the Party Committee and President of Heilongjiang Longmei Coal Industry Group, and Zhai Hong, Secretary of the Party Committee and President of Yangquan Coal Industry(Group) delivered wonderful speeches on the theme of accelerating the release of high-quality coal production capacity, guaranteeing supply and stabilizing the market, strengthening the construction of credit system, promoting business model innovation and promoting high-quality development. Li Dong, Member of the Party Leading Group and Deputy General Manager of China Energy Investment Corporation. 

Li Dong, Member of the Party Leading Group and Deputy General Manager of China Energy Investment Corporation, made a report on China Energy Investment Corporation's efforts to accelerate the construction of smart energy and create a world-class energy group. He also put forward opinions and suggestions on the independent research and development of building a platform on big data of smart energy.

He said that the group's total assets were 1.8 trillion yuan now. The group has 62 coal mines under production, with a production capacity of 510 million tons. The group's power generation capacity was 240 million kilowatts. The group produced 620 million tons of coal, sold 330 million tons of coal, generated 464.7 billion KWH of electricity, produced 8.62 million tons of chemicals and transported 230 million tons of railway products in the first half of this year. 

Li Dong pointed out that the current fourth-generation scientific and technological revolution centered on big data, cloud computing and artificial intelligence should be said to be in the ascendant, and the development of the energy industry was facing unprecedented opportunities. 

Under the correct leadership of the Party Central Committee, we should continue to vigorously implement the construction of smart enterprises, accelerating the implementation of innovation-driven development strategies, and jointly contribute to the construction of a clean, low-carbon, modern coal system. Peng yi, Deputy Secretary of the Party Committee and General Manager of China National Coal Group.
Peng yi, Deputy Secretary of the Party Committee and General Manager of China National Coal Group delivered a speech focusing on adhering to the two-business strategy (building an internationally competitive clean energy supplier and energy integrated service provider), accelerating the transformation and upgrading, and striving to promote the high-quality development of China National Coal Group.

He briefly introduced the development of China National Coal Group's restructuring in the past 20 years at first. He pointed out that China National Coal Group has entered into a high-quality development stage since 2019. Then Peng Yi summed up the special experience of China National Coal Group's adherence to the two-business strategy, transformation and upgrading in recent years.

In recent years, China Coal voluntarily withdrew 10 coal mines and reduced the capacity of five coal mines in recent years, accounting for half of the total exited capacity of central enterprises. The group has digested more than 15 billion yuan of inefficient assets in the past three years. The Group has built 7 coal chemical projects with a coal chemical output of 10 million tons and coal-based fertilizers of 2.4 million tons. The Group's power scale has grown rapidly, with a holding capacity of 10 million kilowatts. The Group's business scale has increased to more than 30 billion yuan, and net assets were 137 billion yuan. The Group's coal mines were distributed in more than 9 provinces, and coal purchases and sales were growing steadily. Sun Chengkun, Secretary of the Party Committee and President of Heilongjiang Longmay Mining Holding Group.

Sun Chengkun, Secretary of the Party Committee and President of Heilongjiang Longmei Coal Industry Group said in his speech that  Longmei Coal Industry Group has not only done "subtraction" but also "addition" and "multiplication" and "division", which effectively promoted the enterprise out of difficulties and development. 
Longmei Coal Industry Group has closed down 11 big coal mines and 23 small coal mines over the past two years, with a total capacity of 10.71 million tons, and a stable resettlement of 32,300 workers. The exit of big mines accounted for 92% of the total exit plan, and the production capacity accounted for 86% of the exit plan, 26% of all the mines, and accounting for 23.5% of the approved capacity.

Longmei Coal Industry Group has promoted the energy upgrading of 11 mines and stabilized the annual output at more than 40 million tons, initially realized the conversion of old to new production capacity. The group has successfully obtained 7 coal mines of 1.8 billion tons of coal resources, and completed the project approval of 4 new coal mines. It planned to put them into operation in 5 to 7 years, forming a safe and efficient production capacity of 10 million tons. The group strives to cooperate with others in the resource-rich areas such as Inner Mongolia and Shaanxi to build safe and efficient mines with an annual output of 10 million tons.
Li Wei, General Manager of Yankuang Group. 

Li Wei, General Manager of Yankuang Group, mentioned in his speech that Yankuang Group was the only large-scale coal enterprise with four listed platforms at home and abroad, ranking No. 318 in the 2019 World Top 500.

In the first half of 2019, Yankuang Group's coal output was 79.49 million tons; operating income was 137.9 billion yuan; total profit was 6.2 billion yuan, and taxes paid were 7.5 billion yuan.

He said that in reviewing the reform and development process of Yankuang Group in recent years, the most important sentiment was that the new era promoted the high-quality development of enterprises, and it was necessary to implement “five revolutions and breakthroughs” to achieve faster development, higher quality, better structure and better benefits.

The contents of the “Five Revolutions and Breakthroughs” were as follows: First, implementing breakthroughs in institutional mechanisms to stimulate internal motivation. Second, implementing breakthroughs in key technological innovations to stimulate the potential for innovation and efficiency. Third, implementing breakthroughs in kinetic energy transformation to stimulate the vitality of resource elements. Fourth, implementing breakthroughs in resource integration and changeto stimulate the strength of international development. Fifth, implementing breakthroughs in operational management and control to stimulate support capabilities.
Wang Maosheng, Secretary of the Party Committee and President of Shanxi Coking Coal Group.

"Coking coal is an indispensable raw material in the steel industry, and Shanxi Coking Coal Group, as the largest coking coal production base and supplier, has the largest total volume and the best quality."Wang Maosheng, Secretary of the Party Committee and President of Shanxi Coking Coal Group said in his speech. 
He believed that the future development potential was also in coking coal, and Shanxi Coking Coal Group would make great efforts to realize main business of coking coal to become stronger and better. The central government launched a comprehensive reform pilot in Shanxi, which was the party's cordial care for Shanxi, and also gives Shanxi a great historical mission.

Coal enterprises, especially coal enterprises in Shanxi, not only faced a major historical task of transformation, but also ushered in an unprecedented development opportunity. What Shanxi Coking Coal Group needed to do was seizing the opportunity, improving the level of coordinated development of the industrial chain, and stepping into the fast track of high-quality development.
Zhai Hong, Secretary of the Party Committee and President of Yangquan Coal Industry(Group). 

Zhai Hong, Secretary of the Party Committee and President of Yangquan Coal Industry(Group)mentioned that in the new era, Yangquan Coal Industry(Group)was guided by the high-quality development concept, focusing on the “green mining, clean utilization, transformation and development” of coal, adhering to the new path of low-carbon, green, efficient and sustainable development, and vigorously implementing the “127” development strategy.

As China's largest anthracite supplier, Yangquan Coal Industry(Group)focused on reform and development from three aspects: First, intelligent mining  to promote the revolution of coal production. Second, clean and efficient use to promote the revolution of coal consumption. Third, they would continue to take coal as the foundation and foster strategic emerging industries. In the future, Yangquan Coal Industry(Group) would build a modern industrial system and vigorously promote the “two towards the future”.
Liu Chenglu, Vice General Manager of Shandong Energy Group.

Liu Chenglu, Vice General Manager of Shandong Energy Group said that Shandong Energy insisted on the supply-side structural reform as the main line, transforming the old to new kinetic energy into the overall direction, taking the safety, harmony and stability as the bottom line, and scientifically coordinating the current situation.

The group has successively acquired 4 pairs of coal mines and took over 9 pairs of prison coal mines this year, with an additional superior capacity of 36 million tons/year."Shandong Energy Group always regards the supply insurance of thermal coal as a major political task and social responsibility, and adheres to the principle of First Thermal Coal, Then Strategy, Then Focus, and Then Market. The group implemented the coal-electricity linkage joint venture, and the participating power installed capacity reached 10210MW, and assumed the strategic responsibility of power from Inner Mongolia into Shandong. The group closed 41 pairs of mines, shut down a production capacity of 25.41 million tons/year, redirected and settled 28,000 people, disposed of 146 "zombie" enterprises, reduced 116 loss-making enterprises, and reduced losses by 18.82 billion yuan." Liu said.

Entrepreneurs were the leader and soul of enterprises and also an important force for reform and innovation. The seven entrepreneurs not only introduced their implementation of the new development concept, but also explained in detail many measures to deepen the supply-side structural reform, accelerating the transformation and vitality, and promote high-quality development. The speeches were full of height, depth, case, typical, theoretical and practical, and we could fully feel the entrepreneur's broad career mind and sense of responsibility.

As the information service platform of 2019 Summer National Coal Trade Fair, China Coal Market tracked the latest information of the conferences in real time, and released the information mainly through Sina Weibo, WeChat official account platform and official website(www.cctd.com.cn).