Coal companies do "subtraction" and also do "addition"
Zhao Xueyi
According to the "Book of Han and Geographical Records", "Yuzhang County produced stones, and combustible as a salary". Over the past millennium, coal has not only been an important fuel in China, but also shines in a wider range of fields such as power traction, chemical industry and coking iron.
In 2021, the world's major economies will gradually recover from the macroeconomy, with strong international energy and coal demand, while market supply is tight, and international coal prices will rise sharply. China's coal consumption has maintained a rapid growth trend, the supply and demand of the coal market are tight, and the price fluctuates at a high level.
On the one hand, the double carbon commitment that "carbon dioxide emissions per unit of GDP will be reduced by more than 65% compared with 2005 in 2030, and the proportion of non-fossil energy in primary energy consumption will reach about 25%"; on the other hand, the total energy consumption will increase, and the role of coal in China's energy security and stable supply is still irreplaceable. How should coal companies do a good job of "subtraction" and how to ensure energy supply?
In the past week, the National Development and Reform Commission has issued 14 documents in a row to arrange and deploy the release of coal production capacity, the return of coal prices to a reasonable level, and the safe and stable supply of energy, and further regulate and control the coal market.
On October 26, the State Council issued the Carbon Peak Action Plan for 2030, pointing out that coal consumption substitution and transformation and upgrading should be promoted. Accelerate the pace of coal reduction, strictly and reasonably control the growth of coal consumption during the "14th Five-Year Plan" period, and gradually reduce during the "15th Five-Year Plan" period。 Strictly control new coal power projects, reach the international advanced level of coal consumption standards for new units, orderly eliminate backward coal power production capacity, accelerate energy-saving upgrades and flexibility transformation of active units, actively promote heat supply transformation, and promote the transformation of coal power to both basic guarantee and system regulation power。 Strictly control the scale of supporting coal power for cross-regional transmission of renewable energy power, and the proportion of renewable energy electricity in new channels shall not be less than 50% in principle。 Promote coal reduction and coal restriction in key coal-using industries。 Vigorously promote the clean utilization of coal, reasonably demarcate areas where scattered burning is prohibited, take multiple measures at the same time, actively and orderly promote the substitution of loose coal, and gradually reduce until the prohibition of scattered coal burning。
In the market, the game of high price and limit price is being staged, and a battle to "increase production, ensure supply and stabilize prices" has begun.
In Shanxi, on the one hand, coal enterprises have increased production and stabilized supply, on the other hand, they have stabilized prices through the implementation of the annual long-term price agreement mechanism, and have carried out the strategic professional reorganization of provincial enterprises in a big way to promote the optimization of the layout and structural adjustment of state-owned capital. In Shaanxi, all coal mines are operating at full capacity to ensure supply, and state-owned enterprises are also required to take the lead in strictly performing medium- and long-term contracts, take the initiative to reduce the price of coal traded in the market, and promote the coordinated development of upstream and downstream industries. In Shandong, after the joint reorganization of Shandong Energy Group, the benefits of integration and restructuring have emerged, and multiple measures have been taken to "increase reserves and ensure supply". In Inner Mongolia, some small and medium-sized mines will be closed at any cost, and all efforts will be made to promote the nuclear increase of coal production capacity and the release of production capacity...
We found that in the "double carbon" era, coal enterprises around the world firmly withdrew from old coal mines, and really did "subtraction"; in terms of improving production efficiency and intelligent transformation, they continued to do "addition" to cultivate and develop new industries, new products and new formats. According to the latest data released by the National Energy Administration, as of the end of August this year, 71 of the country's first batch of intelligent demonstration coal mines have successfully started construction, with a construction investment of nearly 6 billion yuan, and 47 are expected to be completed and put into operation within the year; about 500 intelligent mining work surfaces have been completed nationwide, which has effectively promoted the reduction of coal production and efficiency.
With the landing of the carbon peak action plan before 2030, with the digital, intelligent and green transformation of coal mines, the situation of coal mine safety production in China has continued to improve steadily, and the production efficiency has improved significantly. We applaud the coal enterprises that take the initiative to "survive with a broken arm"! Praise for the "veterans" who shoulder the responsibility of building a modern energy power!
Shanxi: The effect of stabilizing prices and ensuring supply shows that we have vigorously promoted strategic restructuring
Reporter Li Chunlian trainee reporter Liu Zhao
At present, the state attaches great importance to the work of ensuring coal supply and stabilizing prices, and within a week, the National Development and Reform Commission has issued 14 consecutive documents to promote the release of coal production capacity, strictly investigate and deal with malicious speculation of capital, and guide coal prices to return to a reasonable level. Recently, many coal mines in Datong, Shuozhou and other places in Shanxi have taken the initiative to reduce the sales price of coal pits, with the price reduction range of more than 100 yuan / ton, and the highest price reduction reached 360 yuan / ton.
In addition, the Shanxi Coal Industry Association issued a proposal to stabilize coal prices and ensure supply to coal enterprises in the province, requiring coal enterprises to stabilize prices and reduce prices, curb excessive rise in coal prices, and maintain the stable operation of the coal market.
With the joint efforts of all parties concerned, with the implementation of a series of measures to ensure supply and stabilize prices, coal prices will gradually stabilize to a reasonable range.
With the rapid release of coal production capacity in Shanxi Province, positive progress has been made in the full coverage of direct supply and long-term cooperation of power generation and heating enterprises, the coal inventory of the whole society has increased significantly, the coal supply of key enterprises has improved significantly, and the supply and demand pattern of the coal market tends to be balanced。
In order to implement the task of increasing coal production and supply, a number of coal enterprises have responded positively. Taking Jinneng Holding Group as an example, the Group took the initiative to respond to the promise of stable price and supply of thermal coal at the Bohai Rim Port this winter and next spring.
The relevant person in charge of Jinneng Holdings told reporters that since the beginning of this year, Jinneng Holding Group has actively taken measures to increase production and stabilize prices, one is to stabilize coal supply by increasing production; the other is to stabilize coal prices by implementing the annual long price agreement mechanism and strictly implementing price limit measures.
The relevant person in charge of Huayang New Material Technology Group (hereinafter referred to as "Huayang Group") told reporters that the group attaches great importance to coal supply assurance, resolutely implements the deployment requirements of the Party Central Committee, the State Council and the provincial party committee and provincial government, and goes all out to organize production under the premise of ensuring safety, giving play to the role of state-owned enterprises as "ballast stones" to ensure energy security and ensure coal supply. Since October (as of October 24), the Group's coal sales volume has reached 2.702 million tons, exceeding the plan by 565,000 tons.
In addition, the secretary of the board of directors of Shanxi Coking Coal and Lu'an Huanneng told reporters that the two companies actively responded to national policies, strictly in accordance with the relevant requirements of the Shanxi Provincial Party Committee and Provincial Government, continued to promote measures to increase production and stabilize prices, and completed the task of ensuring coal supply with quality and quantity.
Professor Lin Boqiang, dean of the China Energy Policy Research Institute of Xiamen University, told reporters that the issue of coal prices should be viewed from the short and medium and long term, "In the short term, it is wise for coal companies to comply with market demand and promote the release of coal production capacity to ensure the security of power supply; in the medium and long term, the strategic restructuring of coal enterprises under the 'double carbon' goal is also an inevitable path, which depends on economic growth, policy support and other factors." ”
As a major coal producing area in China, the dilemma of "one coal alone" in Shanxi Province has existed for a long time. In order to seek changes, since 2020, Shanxi has drastically implemented the strategic professional reorganization of provincial enterprises and promoted the optimization of the layout and structural adjustment of state-owned capital.
At present, Shanxi's energy industry has formed a new pattern led by the "double aircraft carrier" of Shanxi Coking Coal Group and Jinneng Holding Group. At the same time, focusing on cultivating and expanding strategic emerging industries and making them bigger and stronger, Shanxi has integrated and reorganized Huayang Group and Lu'an Chemical Group on the basis of the two provincial key coal enterprises of the former Yang Coal Group and Lu'an Group.
Huayang Group has realized the magnificent transformation from a traditional energy enterprise to a new material enterprise. Zhai Hong, secretary of the party committee and chairman of Huayang Group, said in an exclusive interview with reporters: "Huayang Group will actively practice the '127' strategy. '1' is a direction, focusing on the strategic direction of transformation and new roads; '2' is two paths, adhering to the two paths of carbon-based materials and digital assets; '7' is 7 supports, forming carbon-based synthetic new materials, new energy storage new materials, green energy-saving building new materials, graphene new materials, aluminum and magnesium alloy new materials, big data Internet of Things, 5G intelligent mine seven major supporting coordinated development of the industrial cluster, so that the trajectory of high-quality transformation and development is more scientific. ”
Lu'an Chemical Group, based on Lu'an Group's "coal-to-coal integrated industry", promotes the development of high-end, differentiated, market-oriented and environment-friendly "three modernizations and one type", and plans a "one core and two wings" industrial layout with modern industry as the core and carbon-based new materials and clean energy as the two wings, the industrial chain is clearer and more competitive, and the sustainability of professional and efficiency development is stronger.
"Listed companies in the field of cross-border new materials and clean energy, if they have certain technical reserves, can play their own field of expertise, can try." Professor Pan Helin, executive dean of the Digital Economy Research Institute of Zhongnan University of Economics and Law, said that in the context of the "double carbon" goal, high-energy-consuming enterprises, whether chemical or cement, have carbon emission pressure, and they can obtain more carbon credits in the future by investing in new energy, and can also hedge the potential risks of their own high-energy-consuming industries.
Shaanxi: Coal price regulation measures have been implemented to help the economy run smoothly
Reporter Yin Gaofeng
The recent rapid rise in coal prices has not only pushed up the production costs of downstream industries, but also adversely affected the security of energy supply such as electricity in winter and the warmth of the masses over the winter. To this end, a number of relevant departments have recently introduced intensive measures to curb the rise in coal prices.
Coal price regulation and control policies have been implemented, as a major coal-producing province, Shaanxi, what is the current situation?
On October 19, the National Development and Reform Commission held a meeting to sacrifice the coal price regulation combination fist, Yulin City, an important coal-producing area in Shaanxi, required the coal sales price in its jurisdiction to be reduced by 100 yuan / ton on the basis of the existing market price of similar coal. At the same time, the price of the medium- and long-term contract for the fourth quarter of the guarantee and supply renewal is limited, requiring that the price of the guaranteed supply and long-term cooperation of private coal mines shall not exceed 1500 yuan / ton, and the price of the long-term guarantee and supply of state-owned coal mines shall not exceed 1200 yuan / ton.
On October 22, the Shaanxi Provincial Development and Reform Commission and the Shaanxi Provincial Market Supervision and Administration Bureau issued the Notice on Regulating the Price Behavior of the Coal Market (hereinafter referred to as the "Notice"), which pointed out that due to the recent rapid rise in coal prices, the production costs of downstream industries have been greatly increased, and it has also adversely affected the security of energy supply such as electricity in winter and the warmth of the masses over winter. In order to implement the state's arrangements and deployments on ensuring the supply and stable prices of bulk commodities and stabilizing market prices, further standardize the price behavior of the coal market, and promote the sustained and healthy development of the coal industry, requirements are put forward from four aspects.
Among them, the "Notice" requires coal enterprises to actively fulfill their social responsibilities, take the initiative to do a good job in ensuring supply and price stability, and promote the coordinated development of upstream and downstream industries. State-owned coal enterprises should play a leading role, strictly perform medium- and long-term contracts, take the initiative to reduce the price of coal traded in the market, ensure the demand for coal for power generation and heating and people's livelihood, and help the economy to operate smoothly。
At the same time, coal enterprises are required to follow the principles of fairness, legality, honesty and trustworthiness, and provide downstream enterprises with products that match the quality and price according to the actual production and circulation costs. At the same time, strengthen industry self-discipline and self-restraint, effectively strengthen the internal management of enterprises, and ensure that coal prices are stable in a reasonable range。
"At present, the company's coal mine in Yulin has lowered its price in accordance with the requirements of the government." Relevant people in the Shaanxi coal industry told the Securities Daily reporter.
According to the "Securities Daily" reporter, in accordance with the unified deployment of the National Development and Reform Commission, in order to solve the problem of coal supply, Shaanxi added 48.46 million tons of coal supply in the fourth quarter, including 9.46 million tons of coal for power generation and heating in the province, and 39 million tons of coal for 124 power generation and heating enterprises in 14 provinces such as Hunan, Hubei and Jiangxi.
According to the actual production and railway capacity of the province, the Shaanxi Provincial Development and Reform Commission decomposed the task to 6 coal-producing cities, 3 provincial state-owned enterprises and 1 municipal state-owned enterprise, and established a seamless docking coordination mechanism of "one mine and one factory" to accurately connect the supply and demand sides.
Among them, Shaanxi Coal Industry Chemical Group Co., Ltd. (hereinafter referred to as "Shaanxi Coal Group"), the controlling shareholder of Shaanxi Coal Industry, signed a medium- and long-term contract for coal for power generation and heating in the three northeastern provinces this winter. In order to ensure that the "Shaanxi Coal Warmth" will be delivered to the northeast this winter, Shaanxi Coal Group will further implement the work arrangements and deployment related to coal supply assurance, integrate resource coordination forces, multi-party linkage, multi-point force, establish and improve the supply guarantee work mechanism and guarantee system, and ensure that the signed medium- and long-term contracts are honored on schedule.
According to the "Securities Daily" reporter, in Tongchuan Mining, a subsidiary of shaanxi coal group, in order to effectively fulfill the responsibilities of state-owned enterprises and alleviate the tight situation of supply and demand in the market, in the work of ensuring supply and stabilizing prices, by strengthening safe production, optimizing the production layout, smoothing the system links, strengthening risk prevention and control and safety hidden danger investigation, and effectively carrying out all work in safe production in an orderly manner, we strive to provide safety guarantees for more coal and good coal.
Tongchuan Mining Xiashijie Mine opens 3 loading points of coal yard, lower coal yard iron transport and local sales 24 hours a day, providing full service for coal shipment, ensuring on-the-go loading, and letting trains load coal out of the mining area to the market and users. Chaijiagou well introduced an unattended system, implemented one car and one card, and accurately improved the metering and loading efficiency through infrared recognition, voice broadcasting, remote monitoring and other technical means. At the same time, the dredging management of vehicles on the coal transportation line has been strengthened, the phenomenon of vehicle congestion has been eliminated, and the efficiency of shipment and departure has been improved.
Pubai Jianzhuang Mining Company, a subsidiary of Shaanxi Coal Group, also fully sounded the rallying call of Yingfengdu Winter Thermal Coal Supply and Price Stability. While ensuring the production control of coal prices, the company communicates with customers, understands customer and market demand, and does a good job in ensuring the supply of peak winter electric coal with thoughtful service and honest quality.
"All of the company's coal mines are currently operating at full capacity." Shaanxi coal industry related people said.
Inner Mongolia: Accelerate the release of advanced coal production capacity and actively respond to the battle of energy supply
Our reporter Jiao Yue, trainee reporter Ma Yuwei
In late autumn and October, the northern region of China has entered the heating season. Coal, as the protagonist of the heating process, has attracted much attention.
In the past week, the National Development and Reform Commission has issued 14 documents in a row to arrange and deploy the release of coal production capacity, the return of coal prices to a reasonable level, and the safe and stable supply of energy, and further regulate the coal market. As a major energy province in China, the Inner Mongolia Autonomous Region has made every effort to promote the nuclear increase and release of coal production capacity, and the coal enterprises in the jurisdiction have responded positively to ensure the strong promotion of heating work this winter and next spring.
Shang Yalong, an assistant researcher at the Institute of Comprehensive Economics of the Ningxia Academy of Social Sciences, said in an interview with the Securities Daily reporter: "With the strong regulation of coal prices by the regulatory authorities, coal prices will return to the rational range to ensure national energy security, stable supply and warm people through the winter." ”
According to the official website of the Energy Bureau of the Inner Mongolia Autonomous Region, the Energy Bureau of the Inner Mongolia Autonomous Region and the Ordos Municipal People's Government recently held a special video conference on coal supply and price stability in Ordos City, requiring all coal enterprises in Ordos City to conscientiously implement the relevant requirements of the National Development and Reform Commission on the coal special meeting on the energy supply guarantee work mechanism this winter and next spring, and make every effort to increase production and ensure supply and price stability.
Wu Wanying, a senior researcher at Tianyi Digital Economy Think Tank, told reporters: "The regulatory authorities' regulation of coal prices is conducive to guiding the coal market back to rationality, thereby promoting the sustained and coordinated healthy development of the coal and power industries." ”
According to public information, Yitai Group and Mengtai Group have promised to reduce the sales price of sewage coal in the port around the Bohai Bay during the heating season this winter and next spring. Other coal enterprises in Inner Mongolia have also released price reduction information to the public through various channels such as mine-end billboards and WeChat public accounts.
For how the Inner Mongolia Autonomous Region should further promote the release of coal production capacity and better amplify the advantages of coal resources, Hu Qimu, chief researcher of the China Steel Economic Research Institute, said in an interview with the Securities Daily reporter: "First, we must improve the utilization rate of capacity under the premise of ensuring safe production; second, the production capacity should match the transportation capacity, coordinate the inter-provincial deployment of coal, and avoid price surges caused by poor logistics." ”
It is reported that Inner Mongolia has made every effort to promote the nuclear increase and release of coal production capacity, and has successively increased the production capacity of 89 coal mines with three batches of nuclear production capacity and an annual new production capacity of 138 million tons. At the same time, the Inner Mongolia Autonomous Region has actively promoted the signing of medium- and long-term contracts for 63 coal mines included in the national list of coal mines for the fourth quarter, and the 53 million tons of coal source tasks in 18 provinces (autonomous regions and municipalities) have all been decomposed into 29 key coal production enterprises.
How can coal companies seek development in the midst of change? Shang Yalong believes that in the long run, the fundamental way out for coal companies lies in transformation and upgrading. "First of all, we must actively explore diversified development paths, promote the effective connection of related industrial chains through mergers and acquisitions, asset joint ventures and other forms of cooperation, and promote the integration and development of new technologies and new formats." In particular, some old coal enterprises should take the initiative to actively seize the commanding heights of a new round of high-quality development of the energy industry. The business content can shift from traditional coal mining and coal selling to some production and operation activities related to non-coal energy industries, and boldly move from the path of 'coal' to the development of 'coal' and 'non-coal'."
"The transformation of coal enterprises can combine their own characteristics, under the development trend of the increasingly specialized, chained and large-scale energy industry, find the direction and positioning, and timely adjust and select a plan conducive to their own development." Shang Yalong said.
Shandong Energy Group: Joint restructuring benefits show multiple measures to implement "increase reserves and guarantee supply"
Reporter Zhao Binbin
Recently, the supply of thermal coal has attracted much market attention. According to the "Securities Daily" reporter, after the joint restructuring of Shandong Energy Group, after more than a year of integrated development, the restructuring benefits have emerged, and the total operating income and profit in the first three quarters have both achieved high growth. In the face of the recent shortage of coal, Shandong Energy Group firmly implemented four measures to "increase reserves and ensure supply" to ensure energy security in Shandong Province.
On July 13, 2020, the promotion of the reform work of relevant provincial enterprises and the cadre conference of Shandong province were held in Jinan, and the joint restructuring plan of Yankuang Group and Shandong Energy Group was officially announced, and a new Shandong Energy Group was established.
On October 26, 2021, Zhang Ruoxiang, deputy general manager of Shandong Energy Group, told securities daily and other media reporters that over the past year, Shandong Energy Group has made every effort to fight the "four major battles" of structural adjustment, production organization, kinetic energy conversion, quality and efficiency improvement, and the economic operation has shown a good trend of high-quality and efficient development.
From January to September this year, Shandong Energy Group achieved operating income of 620.6 billion yuan, an increase of 145.6 billion yuan year-on-year, an increase of 30.66%; total profit of 16.282 billion yuan, an increase of 3.896 billion yuan, an increase of 31.45%, ranking 70th in the 2021 Fortune Global 500.
"Give full play to the scale advantages and integration effects after the joint reorganization, comprehensively and systematically implement the coordination of management, market, region, personnel, industry and resources, and achieve internal synergy and create 3.62 billion yuan." Zhang Ruoxiang introduced that it actively promoted the disposal of "two non-africans" and "two capitals", accumulatively cleared and withdrawn 44 non-main business enterprises, revitalized the book value of assets of 3.6 billion yuan, and recovered cash flow of 2.9 billion yuan. Completed the mixed reform of 13 enterprises, and completed 94% of the three-year mixed reform plan.
The capital market operation of its enterprises has blossomed at many points. The market value of Yanzhou Coal Industry exceeded 100 billion yuan, New Wind and Solar Company became the first listed company on the Science and Technology Innovation Board of Shandong Province, and Shandong Geological Mine achieved hat removal and renaming. At present, Shandong Energy Group has formed a new pattern of securitization of 4 main board listed companies, 1 science and technology innovation board listed, and 4 "new third board" listed companies.
Zhang Ruoxiang said that in the next step, Shandong Energy Group will resolutely take the road of green and low-carbon high-quality development, adhere to the "stock optimization, incremental leapfrogging" equal emphasis, promote the "three changes" of control mode, production organization mode and development mode, achieve "five upgrades" of scale equivalent, development quality and efficiency, industry position, brand influence and market reputation, and ensure that the annual operating income is 700 billion yuan and the total profit is more than 20 billion yuan, becoming a "double 700 billion enterprise" in assets and revenue.
"In the face of the global energy crisis and the continuous tight supply and demand of domestic power coal, Shandong Energy Group focused on ensuring safety, supply and reserve increase, and took multiple measures to improve coal supply security capabilities." In the implementation of the task of increasing reserves and supply, and ensuring the energy security of Shandong, it has played the role of the top beam and pillar and ballast stone. Zhang Ruoxiang said that first of all, to ensure safe and stable output; second, to talk about the overall situation to ensure supply; in addition, grasp the "window period" for the National Development and Reform Commission to speed up the procedures for increasing production capacity and increase production capacity; finally, actively explore channels to increase coal reserves.
Zhang Ruoxiang said that Shandong Energy Group will give full play to the advantages of great synergy, gather the strength of the whole group, and resolutely complete the task of 5 million tons of coal reserves that the government can dispatch before November 10.