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Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

author:Quan Yihui
Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. is a wholly-owned subsidiary of Shanxi Pingyang Heavy Industry Machinery Co., Ltd., which mainly undertakes the production, overhaul and accessories production of hydraulic support products. Shanxi Pingyang Coal Machinery Equipment Co., Ltd. is a leading enterprise in the hydraulic support manufacturing industry in Shanxi Province, and has an absolute advantage in the processing and manufacturing of high-end brackets, with the ability to produce high-end comprehensive mining support products--- large mining, large resistance, high reliability electro-hydraulic control hydraulic supports, and the total production accounts for about 8-10% of the market. In China, it takes the lead in embarking on a technological innovation road of "high-end product intelligence", and builds Pingyang Coal Machinery into a coal machine equipment enterprise with core competitiveness and outstanding scientific and technological innovation. The company's hydraulic bracket products ranked first in Shanxi Province and fifth in the country.

【Eligibility】Subject to formal disclosure

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

Basic business information

Enterprise name: Shanxi Pingyang Coal Machinery Equipment Co., Ltd

Enterprise-level (central conglomerates are level 1 enterprises, and so on): level 3

Main business: intelligent coal machine equipment design and manufacturing

Registered place: Houma City, Shanxi Province

Registered capital: 201 million yuan

Industry: Equipment manufacturing

High-tech enterprises: No

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project
Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project
Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project
Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project
Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. is a wholly-owned subsidiary of Shanxi Pingyang Heavy Industry Machinery Co., Ltd., which mainly undertakes the production, overhaul and accessories production of hydraulic support products. Shanxi Pingyang Heavy Industry Machinery Co., Ltd. (hereinafter referred to as Pingyang Heavy Industry), formerly known as Shanxi Pingyang Machinery Factory, was founded in 1955, as one of the 156 key construction projects during the national "First Five-Year Plan" period, one of the 152 key military backbone enterprises in the country, and belongs to China State Shipbuilding Group Co., Ltd. The enterprise covers an area of 1.26 million square meters, the existing staff of more than 4,100 people, the total assets of 4.297 billion yuan, is the country's development and production of various types of advanced precision machinery, electronic products of large-scale modern military enterprises.

At the beginning of 2022, the company was identified as a "municipal talent work base".

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. is a leading enterprise in the hydraulic support manufacturing industry in Shanxi Province, and has an absolute advantage in the processing and manufacturing of high-end brackets, with the ability to produce high-end comprehensive mining support products--- large mining, large resistance, high reliability electro-hydraulic control hydraulic supports, and the total production accounts for about 8-10% of the market. In China, it takes the lead in embarking on a technological innovation road of "high-end product intelligence", and builds Pingyang Coal Machinery into a coal machine equipment enterprise with core competitiveness and outstanding scientific and technological innovation. The company's hydraulic bracket products ranked first in Shanxi Province and fifth in the country.

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

Through the reform and improvement of market-oriented institutional mechanisms, the advantages of state-owned enterprises and the vitality of private enterprises will be combined to solve the problems of insufficient flexibility of corporate systems and mechanisms, insufficient momentum for their own development, lack of effective incentive mechanisms, weak independent innovation capabilities, and scientific research foundations and capabilities to be consolidated.

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project

As the application industry sector of the group company, the company's hydraulic bracket actively explores the reform of mixed ownership. The preliminary plan of the company's mixed ownership scheme is as follows:

1. Design the equity structure of mixed ownership enterprises, actively introduce strategic investors with high matching, high sense of identity and high synergy through the reform of mixed ownership, adopt absolute control, relative control or equity participation of state-owned capital, and guide all kinds of strategic investors to actively participate in corporate governance.

2. Use the fund of the mixed ownership policy to broaden the channels for attracting funds for the company's mixed ownership reform.

3. Promote the transformation of mixed ownership enterprises into a business mechanism, fully consult with other shareholders, formulate articles of association in accordance with law, earnestly safeguard the rights of shareholders of all parties, and strictly implement the statutory rights of the board of directors.

Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project
Shanxi Pingyang Coal Machinery Equipment Co., Ltd. mixed reform project