Why does Shanxi coking coal keep falling?

Under the national promotion of "double carbon" development positioning, some production lines under development have been restricted. These production lines are highly polluting and low-efficiency. This can lead to a sharp decline in the supply of coal and a rapid rise in its price. The coal mining index in A-shares also rose to a record high.

1. Shanxi Coking Coal Group Co., Ltd. is mainly engaged in coal mining and processing, and integrates mine construction, coal mining machinery manufacturing, mechanical and electrical equipment repair, power generation and power supply, chemical industry, construction and installation, building materials, transportation, import and export It is a large-scale diversified enterprise group with outstanding main business and comprehensive development integrating trade and tertiary service industries. Coal products such as coking coal and coke are sold to more than 20 provinces and cities across the country, and exported to Japan, South Korea, Brazil, Germany, India, Taiwan and other countries and regions; coal mine mechanical and electrical products are distributed in major coal enterprises and small and medium-sized coal mines across the country, and large-scale mining and metallurgical equipment Sold to Romania, Philippines, Russia, Nigeria, Pakistan, Malaysia, Thailand, Hong Kong and other countries and regions. It has import and export rights for coke and electromechanical equipment.

2. Shanxi Coking Coal Group Co., Ltd. is China's largest coking coal production enterprise with the most comprehensive range of coal types and excellent coal quality. It is now directly supervised by the State-owned Assets Supervision and Administration Commission of the Shanxi Provincial People's Government. Shanxi Coking Coal is headquartered in Taiyuan City, the capital of Shanxi Province. The group company covers 25 counties and cities in 7 cities: Taiyuan, Linfen, Yuncheng, Luliang, Xinzhou, Jinzhong and Changzhi. There are currently 99 coal mines with a capacity of 159 million tons/year, 28 coal preparation plants with a washing capacity of 93.85 million tons/year, 5 coking plants with a production capacity of 10.6 million tons/year, and 8 coal-fired power plants with an installed capacity of 3368MW. There are nearly 200,000 employees. In July 2013, it was selected as the 403rd among the Fortune Global 500. Shanxi Coking Coal's raw coal output in 2012 was 105.4 million tons, and its clean coal output was 45.58 million tons. The sales revenue of Shanxi coking coal in 2012 was 180 billion yuan, while it was 121.968 billion yuan in 2011, a year-on-year increase of 47.6%.

3. Shanxi Coking Coal is mainly engaged in coal, coking, power generation, logistics and trade, and equipment manufacturing. It also operates materials, civil explosives, construction, coal bed methane, energy conservation and environmental protection, investment finance, cultural tourism, real estate, etc. Supporting auxiliary industries. The company has six main production and construction mining areas. The main mining plants are located in 29 counties in 7 cities including Taiyuan, Jinzhong, Linfen, Yuncheng, Luliang, Changzhi and Xinzhou. There are currently 99 coal mines with a production capacity of 159 million tons/year; 28 coal preparation plants with a washing capacity of 93.85 million tons/year; 5 coking plants with a coke production capacity of 10.6 million tons/year; 8 coal-fired power plants with an installed capacity of 3368MW; 9 coalbed methane and residual gas waste heat power plants with an installed capacity of 189.5MW; the annual manufacturing output value is more than 10 billion yuan.