Modification of interstellar snail miner
Publish: 2021-05-17 08:34:42
1. This mining company not only claims to be the largest mining pool node of IPFs in China, but also has joined the first official test node of filecoin. They still said in the meeting that their mining machine can dig 20 filecoins a day, big liar.
2. Private equity investment framework agreement
time:
the purpose of this framework agreement is to stipulate the main contract terms of a's investment in B, which is only for negotiation
this framework agreement does not constitute a legally binding agreement between the investor and the company, but the "confidentiality clause"] "exclusive clause" and "management fee" are legally binding. This Agreement shall be legally binding on the parties after the investor has completed the e diligence and obtained the approval of the investment committee and notified the company in writing (including e-mail). The notifying party shall try its best to conclude, sign and approve the investment contract in accordance with the provisions of this agreement
exclusivity clause
exclusivity clause stipulates an exclusive lock-in period for target enterprise B to trade with investor a. During this period, B cannot negotiate similar transactions with other investors. In venture capital business, the lock-in period may be only 60 days; In a merger and acquisition business, the lock-in period can be very long
confidentiality clause
the confidentiality clause in the letter of intent and the confidentiality agreement stipulate different confidentiality contents. The main provision of this clause is that no party shall disclose the contents of the transaction and the opinions of any party to any person without the consent of all parties. For those confidential information that other parties do not have and are not known to the public in advance, all parties shall promise to use such information only for the purpose of transaction, and try their best to prevent such confidential information from being obtained by other people by illegal means. Each party shall also guarantee that it will only provide confidential information to relevant employees and professional consultants, and inform them of their confidentiality obligations while providing confidential information
advance work
in this part, we should record the premise of bilateral transaction. The most important thing is whether the seller has the right to sell the equity of the target enterprise. If there is a right, it should be explained how the right is obtained
schele
in the framework agreement, the schele of the whole transaction should be specified. Generally, the schele consists of three main phases. The first stage is that a injects capital into B; The second stage is the cooperation between a and B to promote the value of B; The third stage is that after a quits, a and B should also work together to establish a long-term friendly strategic cooperative relationship and promote the further development of B. The content of the third stage is mainly to pave the way for further cooperation in the future. But the first two stages are very important for a and B
investment terms
this kind of terms mainly stipulates the total amount of investment, price, etc., and usually includes the following terms
1. Investment amount
this clause stipulates the total amount of investment, the number of shares purchased, and the proportion of these shares in the total number of shares after dilution. In addition, the form of acquisition of shares should be specified in this clause. Because investors may not always be able to inject capital in the way of purchasing common stocks, the tools that investors can choose can also be preferred stocks, convertible bonds or just loans. Even ordinary shares may be restricted ordinary shares, which should be explained. As common stock has the most extensive rights, in the next part, we will take common stock investment as an example to set up this framework agreement
2. Purchase price
in this clause, we should point out the purchase price of each share of the investor and the stock price of B before and after the investment
3. Value adjustment clause
this clause will stipulate: if B can achieve certain business performance within the specified period, then a will reward the initial owner of B with a certain proportion of equity; If B can't, then B will transfer a certain proportion of equity to a at a symbolic price or free of charge
4. Delivery conditions
this clause stipulates the conditions for delivery by both parties. The investor shall conct the investment in accordance with the investment agreement acceptable to both a and B. in addition to the appropriate and general representations, guarantees and commitments made by B, other contents may also be included
5. Delivery date
the delivery date is the date when a officially becomes the shareholder of B through the necessary instrial and commercial registration< In order to protect their own interests, investors usually obtain certain rights for themselves in the agreement
1. The right to increase capital
mainly endows investor a with such a right; In the future, investor a has the right to buy a certain number of shares from enterprise B at an agreed price. This is a right, so a has the right to enforce and not to enforce
2. Dividend distribution right
this clause is to avoid the adverse impact of B's excessive distribution of profits on a's investment value. It is generally stipulated that if the distributable profit does not reach a certain proportion of the total investment of investors, B shall not distribute the profit without the written approval of A
3. Liquidation right
this clause aims to protect a's investment interests when B goes into bankruptcy liquidation. Usually, in bankruptcy liquidation, a will get a priority quota over other equity holders. This amount can be set as a certain proportion of a's total investment. When investor a gets the preferential quota, the remaining part will be distributed to all shareholders including a according to the proportion of equity
4. Redemption right
this right aims to solve the problem that investors can not withdraw after several years of investment. This provision stipulates that investor a has the right to sell its shares to B at a certain price at any time after a certain number of years after the completion of the settlement. Generally, this price is the one with higher value in the following two cases: first, the net assets of a's shares as reflected in the latest financial statements of B; In the second case, the total investment of a to B plus the capital increase of a to B plus the total interest calculated at a certain annual interest rate (usually 15% - 20%) from the above investment to the redemption date
if B is unable to pay the amount of the redeemed shares, then B is obliged to pay the amount as soon as possible. If B's cash is insufficient to pay, then a's equity will automatically be converted into one-year commercial paper (interest can be specified)
moreover, a still has the right to remain a director on B's board of directors until B completes the redemption
5. Anti dilution clause
this clause will protect investor a from losses caused by the fact that the valuation when B issues additional shares is lower than that when a invests in B. It is usually stipulated in this clause: when B issues additional shares, the valuation of the company is lower than that of the company corresponding to a, and a has the right to obtain a certain proportion of additional equity free of charge or at a symbolic price from the initial owner of enterprise B or B
6. The preemptive right of new shares
this clause will ensure that investors will not rece the proportion of controlling shares e to the issuance of new shares. In this clause, it is usually stipulated that investors have the right of preemption when issuing new shares, and the price and conditions are the same as other investors
7. Most favorable terms
this term is used to ensure that investor a is in a favorable position in the cooperation of investor B. In this clause, it is usually stipulated that if B has more favorable terms in future financing or existing financing than the transaction with a, then a has the right to enjoy the same preferential terms
8. The right of first refusal and the right of joint sale
in this clause, investor a is given such rights; If other equity investors plan to transfer equity to a third party, then investor a has the following rights:; Investor a has the right to prohibit such transactions; Investor a has the right to sell shares to a third party on the same terms
however, the clause should stipulate that the equity transfer of investor a is not within this limit. Moreover, investor a does not have to bear the obligation of giving priority to other ordinary investors in equity transfer
9. Listing registration right
this clause will avoid the loss caused by investor a's inability to transfer shares after listing in enterprise B according to the law
in this clause, it is usually stipulated that if investor a is unable to transfer the shares within a certain period of time (such as after 4 years of IPO or 8 years after the delivery date), other shareholders of enterprise B should, at the request of investor a, sell or not sell the shares they hold as little as possible
if B needs to restructure and a needs to give up some rights, then investor a has the right to recover the lost rights and interests if the company still fails to realize IPO within a certain period of time after B's restructuring
10. Lock in
this clause stipulates that the original investor or shareholding manager of enterprise B shall not transfer its shares to a third party without the written consent of investor a. Even if the shareholding manager is no longer employed by the company, he still needs to fulfill this obligation
11. Put right
this clause will give investor a the right to sell enterprise B if enterprise B fails to be listed within the specified time. In this case, other investors have no right to raise objection
12. Information right
as long as investor a holds the shares of enterprise B, enterprise B should provide a with information in the form approved by A. This includes monthly financial reports, budget reports, copies of all documents or information provided to shareholders and information provided to other persons, the public or regulatory bodies
13. Board seats and protective clause
in this clause, it should be stipulated that investor a can insert a certain number of directors into the board of directors of enterprise B. The protective clause stipulates that B's transaction needs to be supported by a considerable proportion of equity, otherwise it has no right to carry out the transaction
14. Waiver of rights
this clause specifies under what circumstances investor a will give up the above rights. It is usually stipulated that if enterprise B can be listed and the share price is above a certain level, investor a will give up the above rights
but usually, even in this case, investors' information rights and listing registration rights will not be lost
transaction clause
transaction clause stipulates some licensing and restrictions on enterprise B's behavior
1. Purpose of the proceeds
this clause will specify the scope within which enterprise B can use the funds. Usually, the investment capital can only be used for business expansion, R & D investment or as working capital with the permission of investor a
2. Employee and board options
this article is designed to specify how enterprise B uses the option award. Generally, investor a allows enterprise B to reserve a certain proportion of shares as future rewards to employees and directors. Investor a's restriction on B in this clause is that investors should avoid B transferring the assets of the enterprise at a low price by way of option reward, or dispersing a's influence on B's board of directors. Therefore, according to the most favorable terms and anti dilution terms, the exercise price of the equity granted by B should not be lower than the price given to A. at the same time, when these options are granted, a's directors in B should also obtain a considerable proportion, so as to maintain their position in the board of directors after the exercise
3. Management fee clause
management fee clause is a matter of who will pay the expenses incurred in the transaction. According to the Convention, the enterprise will pay the e diligence fees and the fees for hiring lawyers, accountants, appraisers, translators and other professionals to complete all the documents. Investors usually bear the costs of investment decisions, such as the fees paid to consultants and experts, consulting fees
time:
the purpose of this framework agreement is to stipulate the main contract terms of a's investment in B, which is only for negotiation
this framework agreement does not constitute a legally binding agreement between the investor and the company, but the "confidentiality clause"] "exclusive clause" and "management fee" are legally binding. This Agreement shall be legally binding on the parties after the investor has completed the e diligence and obtained the approval of the investment committee and notified the company in writing (including e-mail). The notifying party shall try its best to conclude, sign and approve the investment contract in accordance with the provisions of this agreement
exclusivity clause
exclusivity clause stipulates an exclusive lock-in period for target enterprise B to trade with investor a. During this period, B cannot negotiate similar transactions with other investors. In venture capital business, the lock-in period may be only 60 days; In a merger and acquisition business, the lock-in period can be very long
confidentiality clause
the confidentiality clause in the letter of intent and the confidentiality agreement stipulate different confidentiality contents. The main provision of this clause is that no party shall disclose the contents of the transaction and the opinions of any party to any person without the consent of all parties. For those confidential information that other parties do not have and are not known to the public in advance, all parties shall promise to use such information only for the purpose of transaction, and try their best to prevent such confidential information from being obtained by other people by illegal means. Each party shall also guarantee that it will only provide confidential information to relevant employees and professional consultants, and inform them of their confidentiality obligations while providing confidential information
advance work
in this part, we should record the premise of bilateral transaction. The most important thing is whether the seller has the right to sell the equity of the target enterprise. If there is a right, it should be explained how the right is obtained
schele
in the framework agreement, the schele of the whole transaction should be specified. Generally, the schele consists of three main phases. The first stage is that a injects capital into B; The second stage is the cooperation between a and B to promote the value of B; The third stage is that after a quits, a and B should also work together to establish a long-term friendly strategic cooperative relationship and promote the further development of B. The content of the third stage is mainly to pave the way for further cooperation in the future. But the first two stages are very important for a and B
investment terms
this kind of terms mainly stipulates the total amount of investment, price, etc., and usually includes the following terms
1. Investment amount
this clause stipulates the total amount of investment, the number of shares purchased, and the proportion of these shares in the total number of shares after dilution. In addition, the form of acquisition of shares should be specified in this clause. Because investors may not always be able to inject capital in the way of purchasing common stocks, the tools that investors can choose can also be preferred stocks, convertible bonds or just loans. Even ordinary shares may be restricted ordinary shares, which should be explained. As common stock has the most extensive rights, in the next part, we will take common stock investment as an example to set up this framework agreement
2. Purchase price
in this clause, we should point out the purchase price of each share of the investor and the stock price of B before and after the investment
3. Value adjustment clause
this clause will stipulate: if B can achieve certain business performance within the specified period, then a will reward the initial owner of B with a certain proportion of equity; If B can't, then B will transfer a certain proportion of equity to a at a symbolic price or free of charge
4. Delivery conditions
this clause stipulates the conditions for delivery by both parties. The investor shall conct the investment in accordance with the investment agreement acceptable to both a and B. in addition to the appropriate and general representations, guarantees and commitments made by B, other contents may also be included
5. Delivery date
the delivery date is the date when a officially becomes the shareholder of B through the necessary instrial and commercial registration< In order to protect their own interests, investors usually obtain certain rights for themselves in the agreement
1. The right to increase capital
mainly endows investor a with such a right; In the future, investor a has the right to buy a certain number of shares from enterprise B at an agreed price. This is a right, so a has the right to enforce and not to enforce
2. Dividend distribution right
this clause is to avoid the adverse impact of B's excessive distribution of profits on a's investment value. It is generally stipulated that if the distributable profit does not reach a certain proportion of the total investment of investors, B shall not distribute the profit without the written approval of A
3. Liquidation right
this clause aims to protect a's investment interests when B goes into bankruptcy liquidation. Usually, in bankruptcy liquidation, a will get a priority quota over other equity holders. This amount can be set as a certain proportion of a's total investment. When investor a gets the preferential quota, the remaining part will be distributed to all shareholders including a according to the proportion of equity
4. Redemption right
this right aims to solve the problem that investors can not withdraw after several years of investment. This provision stipulates that investor a has the right to sell its shares to B at a certain price at any time after a certain number of years after the completion of the settlement. Generally, this price is the one with higher value in the following two cases: first, the net assets of a's shares as reflected in the latest financial statements of B; In the second case, the total investment of a to B plus the capital increase of a to B plus the total interest calculated at a certain annual interest rate (usually 15% - 20%) from the above investment to the redemption date
if B is unable to pay the amount of the redeemed shares, then B is obliged to pay the amount as soon as possible. If B's cash is insufficient to pay, then a's equity will automatically be converted into one-year commercial paper (interest can be specified)
moreover, a still has the right to remain a director on B's board of directors until B completes the redemption
5. Anti dilution clause
this clause will protect investor a from losses caused by the fact that the valuation when B issues additional shares is lower than that when a invests in B. It is usually stipulated in this clause: when B issues additional shares, the valuation of the company is lower than that of the company corresponding to a, and a has the right to obtain a certain proportion of additional equity free of charge or at a symbolic price from the initial owner of enterprise B or B
6. The preemptive right of new shares
this clause will ensure that investors will not rece the proportion of controlling shares e to the issuance of new shares. In this clause, it is usually stipulated that investors have the right of preemption when issuing new shares, and the price and conditions are the same as other investors
7. Most favorable terms
this term is used to ensure that investor a is in a favorable position in the cooperation of investor B. In this clause, it is usually stipulated that if B has more favorable terms in future financing or existing financing than the transaction with a, then a has the right to enjoy the same preferential terms
8. The right of first refusal and the right of joint sale
in this clause, investor a is given such rights; If other equity investors plan to transfer equity to a third party, then investor a has the following rights:; Investor a has the right to prohibit such transactions; Investor a has the right to sell shares to a third party on the same terms
however, the clause should stipulate that the equity transfer of investor a is not within this limit. Moreover, investor a does not have to bear the obligation of giving priority to other ordinary investors in equity transfer
9. Listing registration right
this clause will avoid the loss caused by investor a's inability to transfer shares after listing in enterprise B according to the law
in this clause, it is usually stipulated that if investor a is unable to transfer the shares within a certain period of time (such as after 4 years of IPO or 8 years after the delivery date), other shareholders of enterprise B should, at the request of investor a, sell or not sell the shares they hold as little as possible
if B needs to restructure and a needs to give up some rights, then investor a has the right to recover the lost rights and interests if the company still fails to realize IPO within a certain period of time after B's restructuring
10. Lock in
this clause stipulates that the original investor or shareholding manager of enterprise B shall not transfer its shares to a third party without the written consent of investor a. Even if the shareholding manager is no longer employed by the company, he still needs to fulfill this obligation
11. Put right
this clause will give investor a the right to sell enterprise B if enterprise B fails to be listed within the specified time. In this case, other investors have no right to raise objection
12. Information right
as long as investor a holds the shares of enterprise B, enterprise B should provide a with information in the form approved by A. This includes monthly financial reports, budget reports, copies of all documents or information provided to shareholders and information provided to other persons, the public or regulatory bodies
13. Board seats and protective clause
in this clause, it should be stipulated that investor a can insert a certain number of directors into the board of directors of enterprise B. The protective clause stipulates that B's transaction needs to be supported by a considerable proportion of equity, otherwise it has no right to carry out the transaction
14. Waiver of rights
this clause specifies under what circumstances investor a will give up the above rights. It is usually stipulated that if enterprise B can be listed and the share price is above a certain level, investor a will give up the above rights
but usually, even in this case, investors' information rights and listing registration rights will not be lost
transaction clause
transaction clause stipulates some licensing and restrictions on enterprise B's behavior
1. Purpose of the proceeds
this clause will specify the scope within which enterprise B can use the funds. Usually, the investment capital can only be used for business expansion, R & D investment or as working capital with the permission of investor a
2. Employee and board options
this article is designed to specify how enterprise B uses the option award. Generally, investor a allows enterprise B to reserve a certain proportion of shares as future rewards to employees and directors. Investor a's restriction on B in this clause is that investors should avoid B transferring the assets of the enterprise at a low price by way of option reward, or dispersing a's influence on B's board of directors. Therefore, according to the most favorable terms and anti dilution terms, the exercise price of the equity granted by B should not be lower than the price given to A. at the same time, when these options are granted, a's directors in B should also obtain a considerable proportion, so as to maintain their position in the board of directors after the exercise
3. Management fee clause
management fee clause is a matter of who will pay the expenses incurred in the transaction. According to the Convention, the enterprise will pay the e diligence fees and the fees for hiring lawyers, accountants, appraisers, translators and other professionals to complete all the documents. Investors usually bear the costs of investment decisions, such as the fees paid to consultants and experts, consulting fees
3. Because there are so many idiots in China, the country has stopped bitcoin trading. What kind of miner do you play
4. Interstellar unlimited mining has high efficiency and stable income
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6. Yangquan Coal Instry (Group) No.1 mine is located in Kuangkuang North Road, Yangquan City, Shanxi Province. It was completed and put into operation in 1956. It is one of the super large backbone proction mines of Yangquan Coal Instry (Group) Co., Ltd. The mine field covers an area of 83.6 square kilometers, with geological reserves of 1.06 billion tons. The recoverable reserves are 640 million tons. The design capacity of the mine is 2.4 million tons / year, the approved capacity is 2.9 million tons / year, and the main mining coal seams are 3, 12 and 15. The mine output has been maintained at more than 4 million tons for many years. It is the first modern mine and super quality standardized mine named by the former Ministry of coal, and has won the title of coal instry secondary enterprise and instry level high-yield and efficient mine
the mine has a mine type dense medium coal preparation plant with an annual washing capacity of 4.5 million tons. The main procts are large, medium and small pieces of carbon, pulverized clean coal 1, 2, 3, sintered coal, grade 16 fine coal and other 8 procts, of which grade 10 washing medium block is national quality proct, grade 12 washing large block is ministry quality proct, grade 11 washing small block and grade 16 fine coal are provincial quality proct. The proct won the national "Silver Award" and the "quality management award" granted by China Coal Quality Association. It is the first-class fuel for blast furnace smelting, ore sintering, thermal power generation and chemical combustion. The procts have passed ISO9000 certification and are sold all over the country. Some of them are exported to Japan, South Korea, Brazil and Malaysia
for a long time, the mine has been keeping pace with the times, following the group's development strategy of "paying equal attention to both coal and non coal", constantly promoting system innovation, management innovation and scientific and technological innovation, liberating proctivity by reform, activating proctivity by management, and promoting proctivity by science and technology, with high-yield and efficient independent operation and steady pace. As a high-quality asset, the mine has been incorporated into Shanxi Guoyang Xinneng Co., Ltd. and will rise again with the successful listing of Guoyang company
since 1994, it has maintained the title of provincial civilized unit for 10 consecutive years and the title of high yield and high efficiency mine for 9 consecutive years. In particular, since 1998, it has successively won the provincial third, second, first and special honors once. In 2001, the mining Party committee was awarded the honorary title of "national advanced grassroots party organization" by the Central Committee of the Communist Party of China. In 2002, it was awarded "national double civilization coal mine" and "double top ten coal mines of the whole mine" by China Coal Political Research Council and China Coal Instry Association respectively. In 2003, it was awarded "national double civilization coal mine" and "double top ten coal mines of the whole mine", He was awarded the honorary title of "national advanced unit of spiritual civilization construction" by the civilization Committee of the CPC Central Committee<
No.2 Coal Mine of Yangquan Coal Instry (Group) Co., Ltd.
No.2 coal mine is one of the super large backbone mines of Yangquan Coal Instry (Group) Co., Ltd. It is a national coal instry super quality standardized and modernized mine, and has won the golden stone award of excellent enterprise in coal instry. The second coal mine of Yangmei Group invested in the proction and operation assets of Shanxi Guoyang Xinneng Co., Ltd., which made the second coal mine rise with Guoyang, work for the shareholders and make great progress
62.4 square kilometers of minefield, 490 million tons of recoverable coal reserves, simple geological structure and stable coal seam are the unique resource occurrence conditions of No.2 coal mine; Shijiazhuang Taiyuan railway, 307 National Highway and Taijiu Expressway pass by empty space, adjacent to Yangquan City, which makes the two mines have convenient transportation area; After reconstruction and expansion, it will increase to 4.35 million tons of coal proction and washing processing capacity every year. The first-class modern equipment in China is the basic strength for the stable development of No.2 coal mine; High quality anthracite favored by customers at home and abroad, with complete varieties, high quality and considerate service, makes No.2 coal mine benefit from brand reputation; Scientific management, excellent high-quality talents and solid corporate culture are the source of strength for the sustainable development of No.2 coal mine
in the 50 years since its establishment in 1951, No.2 coal mine has proced 110 million tons of coal and paid 394 million yuan of profits and taxes. As the second coal mine under Guoyang Xinneng Co., Ltd., it will undertake the important task of pillars with more excellent performance and create a brilliant century<
Yangquan Coal Instry (Group) Co., Ltd. No.3 coal mine was founded in May 1950, with a history of 800 years. It is a large coal mine with multiple wellhead. The main mining coal seams are 3, 12 and 15, with geological reserves of 170 million tons and recoverable reserves of 105 million tons. The approved proction capacity of the mine is 3 million tons, and the raw coal proction reached 4.582689 million tons in 1990. The net value of fixed assets of the whole mine is 178 million yuan. There are 8813 employees, including 6018 raw coal proction personnel
No.3 coal mine is famous for procing high-quality anthracite with high carbon content. Its main procts include 11 grade separation of large coal, 12 grade washing of medium coal, 12 grade washing of small coal, 15 grade and 16 grade separation of fine coal, etc. Among them, grade 15 and 16 fine coal has been continuously rated as provincial quality procts since 1984, and exported to Japan, South Korea, North Korea and other countries, which are well received by users< In 1988, No.3 coal mine was named as quality standardization and modernization mine by former China National Coal Corporation; In 1991, he was promoted to the second level enterprise of coal instry; National Coal Mine Geological union of Ministry of energy awarded & quot; Advanced unit of national unified allocation coal mine competition & quot;; In 1996, Ministry of coal instry awarded & quot; Coal quality management standardization mine Shanxi coal (Department) Bureau awarded & quot; Advanced unit of mechanical and electrical work& quot; National secondary measurement and total quality management secondary qualified enterprise & quot;; Shanxi Province won the excellent political work enterprises, advanced collective of Party style and discipline, advanced greening unit; And was awarded the former China National Coal Corporation Living welfare management and facilities standard advanced mine and other honorary titles< The predecessor of Tianxing company is No.4 coal mine of Yangquan Coal Group, which was founded in 1907. This century old coal mine was reorganized into Tianxing company after its resources were exhausted in 2002. Based on the development strategy of taking coal as the main body and taking mining electrical appliances and service instry as the two wings, the newly established enterprises have successively invested in Jincheng YEMA coal mine and built comprehensive hotels in Qinhuang< Yangquan group No.5 coal mine is located in Pingding County, south of Yangquan City, 18 km from the urban area in the north and 6 km from Pingding County in the East. Taijiu Expressway and railway special line intersect through the middle of the mining area, with convenient communication and transportation. It is one of the largest non bituminous coal proction bases in China Yangquan Coal Instry (Group) Co., Ltd. The mine covers an area of 80.2 square kilometers, mainly mining 8 and 15 coal seams, with recoverable reserves of 463.11 million tons and service life of 84 years< Minmetals was officially established in December 1984. It has more than 6700 employees; Mining, digging, opening, machinery, transportation, communication, selection, marketing, supply and other types of work and professional, complete supporting, forming an independent proction system, the main types of coal proction are: pulverized clean coal, washing block, washing small, fine coal, slime, medium coal, etc., sold to more than 170 users in seven provinces and cities, mainly for metallurgy, power instry, and exported to Brazil, Japan, South Korea Australia and other countries and regions
- relying on technological progress, developing enterprises through science and technology. We will continue to increase investment in equipment and improve the degree of mechanization. From general mining and high-grade general mining at the beginning of mine construction to comprehensive mechanized mining in December of 1992, from fully mechanized mining by layers to fully mechanized top coal caving mining at one time, the degree of mining mechanization reached 100%; The computer-controlled KJ4 underground gas monitoring system and nuclear scale measurement system are established, and the three-dimensional seismic method is applied to predict the underground geological structure; The first intranet network established in the whole group company is starting, which improves the degree of informatization and paperless office
- diversified development as a supplement. While doing a good job in coal proction, Minmetals vigorously develops diversified economy and non coal instry. Duoying has grown from scratch, from small to large, and has been growing. At present, there are 10 business entities in the diversified operation head office, which are respectively engaged in more than 10 instries, such as construction and installation, mechanical and electrical maintenance, printing, processing, chemical instry, commercial drink, etc., with 1515 employees and an annual output value of nearly 50 million yuan
in the face of the favorable opportunity for China's accession to the WTO, Minmetals is ready to build a first-class mine in three years to beautify the environment, refine the management, optimize the procts and refine the work, so as to fight against the world with a new look. Looking forward to the future, the staff of Minmetals will have a bright future with bright red sun and blue sky
Xinjing mine is located in the west of Yangquan City, 18 kilometers away from the city center, close to Shijiazhuang Taiyuan railway and Taiyuan Jiujiang expressway. It started construction in 1990 with a total investment of 1.8 billion yuan. It was formally established on October 1, 1998, and now has 4500 employees. The coal seams in the mine field are all high quality anthracite with stable storage. There are 8 minable coal seams, mainly 3, 8 and 15 coal seams. The recoverable reserves of the first phase project is 160 million tons, the service life of the mining area is 52.4 years, and the annual design proction capacity is 2.2 million tons. According to the "Tenth Five Year" development plan, the mine output will reach more than 4 million tons by 2005< The main inclined shaft belt adopts CST Soft Start Technology of the United States, the main fan is GAF type made in Shanghai, which is the largest blower used by domestic coal enterprises at present. It also has the domestic advanced KJ90 coal mine safety proction monitoring system, and the auxiliary shaft hoist is also the most advanced equipment in China
Xinjing coal mine is the company's coal export base. The mine has a large-scale full dense medium coal preparation plant with an annual design of 3.6 million tons of raw coal. The main procts are special No.1, No.1 metallurgical blast furnace injection clean coal, the proct quality is excellent, marketable, mainly exported to South Korea and Japan
since the establishment of Xinjing mine, safety proction has been relatively stable, high yield and high efficiency has achieved remarkable results. All staff are adhering to the core concept of "road at the foot, things depend on people", forge ahead, work hard, build a high standard modern mine, and strive hard to achieve the company's strategic goal of "fighting hard, double ten billion in ten years"< Shouyang Kaiyuan Mining Co., Ltd. of Yangquan Coal Group was established in April 2000. It is a subsidiary of Yangquan Coal Instry (Group) Co., Ltd. It is an independent legal entity enjoying civil rights and bearing civil liabilities according to law, and is an enterprise owned by the whole people. The predecessor of Shouyang Kaiyuan Mining Co., Ltd. of Yangmei group is huangdangou coal mine in Shouyang County
the mine was founded in 1970 with a designed proction capacity of 300000 tons / year and an actual proction capacity of 150000 tons / year. On March 18, 2000, following the guiding principle of complementary advantages and common development, the mine was merged by Yangmei group free of charge with the consent of Yangmei group and Shouyang County Government. The newly established Shouyang Kaiyuan Mining Co., Ltd. of Yangmei group is located in the northwest corner of Qinshui coalfield, With an area of 27.5 square kilometers and geological reserves of 390 million tons, it contains 17 layers of coal, which are Carboniferous and Permian coal quality, coal types and main proct structure: 3 ᦇ, 9 ᦇ, 15 ᦇ, 15 ᦇ, 15 ᦇ, the main coal seams with stable occurrence and popular market. Among them, 3 coal and 9 coal are of good quality. They are very popular in the current market as ultra-low sulfur and ultra-low phosphorus lean coal. They are the main environmental protection coal advocated by the state. After the establishment of the company, the total investment of technical transformation construction determined by Yangmei group is 22.11 million yuan, including 104.5938 million yuan for mine technical transformation investment and 17.5167 million yuan for coal preparation plant technical transformation investment. After more than two years of construction, 111.6681 million yuan has been completed. Complete 92% of all technical transformation? In the first half of 2003, all technical transformation projects will be completed, and the design scale will reach 1.2 million tons in 2004. By then, the company will step into a modern high-yield and efficient mine.
the mine has a mine type dense medium coal preparation plant with an annual washing capacity of 4.5 million tons. The main procts are large, medium and small pieces of carbon, pulverized clean coal 1, 2, 3, sintered coal, grade 16 fine coal and other 8 procts, of which grade 10 washing medium block is national quality proct, grade 12 washing large block is ministry quality proct, grade 11 washing small block and grade 16 fine coal are provincial quality proct. The proct won the national "Silver Award" and the "quality management award" granted by China Coal Quality Association. It is the first-class fuel for blast furnace smelting, ore sintering, thermal power generation and chemical combustion. The procts have passed ISO9000 certification and are sold all over the country. Some of them are exported to Japan, South Korea, Brazil and Malaysia
for a long time, the mine has been keeping pace with the times, following the group's development strategy of "paying equal attention to both coal and non coal", constantly promoting system innovation, management innovation and scientific and technological innovation, liberating proctivity by reform, activating proctivity by management, and promoting proctivity by science and technology, with high-yield and efficient independent operation and steady pace. As a high-quality asset, the mine has been incorporated into Shanxi Guoyang Xinneng Co., Ltd. and will rise again with the successful listing of Guoyang company
since 1994, it has maintained the title of provincial civilized unit for 10 consecutive years and the title of high yield and high efficiency mine for 9 consecutive years. In particular, since 1998, it has successively won the provincial third, second, first and special honors once. In 2001, the mining Party committee was awarded the honorary title of "national advanced grassroots party organization" by the Central Committee of the Communist Party of China. In 2002, it was awarded "national double civilization coal mine" and "double top ten coal mines of the whole mine" by China Coal Political Research Council and China Coal Instry Association respectively. In 2003, it was awarded "national double civilization coal mine" and "double top ten coal mines of the whole mine", He was awarded the honorary title of "national advanced unit of spiritual civilization construction" by the civilization Committee of the CPC Central Committee<
No.2 Coal Mine of Yangquan Coal Instry (Group) Co., Ltd.
No.2 coal mine is one of the super large backbone mines of Yangquan Coal Instry (Group) Co., Ltd. It is a national coal instry super quality standardized and modernized mine, and has won the golden stone award of excellent enterprise in coal instry. The second coal mine of Yangmei Group invested in the proction and operation assets of Shanxi Guoyang Xinneng Co., Ltd., which made the second coal mine rise with Guoyang, work for the shareholders and make great progress
62.4 square kilometers of minefield, 490 million tons of recoverable coal reserves, simple geological structure and stable coal seam are the unique resource occurrence conditions of No.2 coal mine; Shijiazhuang Taiyuan railway, 307 National Highway and Taijiu Expressway pass by empty space, adjacent to Yangquan City, which makes the two mines have convenient transportation area; After reconstruction and expansion, it will increase to 4.35 million tons of coal proction and washing processing capacity every year. The first-class modern equipment in China is the basic strength for the stable development of No.2 coal mine; High quality anthracite favored by customers at home and abroad, with complete varieties, high quality and considerate service, makes No.2 coal mine benefit from brand reputation; Scientific management, excellent high-quality talents and solid corporate culture are the source of strength for the sustainable development of No.2 coal mine
in the 50 years since its establishment in 1951, No.2 coal mine has proced 110 million tons of coal and paid 394 million yuan of profits and taxes. As the second coal mine under Guoyang Xinneng Co., Ltd., it will undertake the important task of pillars with more excellent performance and create a brilliant century<
Yangquan Coal Instry (Group) Co., Ltd. No.3 coal mine was founded in May 1950, with a history of 800 years. It is a large coal mine with multiple wellhead. The main mining coal seams are 3, 12 and 15, with geological reserves of 170 million tons and recoverable reserves of 105 million tons. The approved proction capacity of the mine is 3 million tons, and the raw coal proction reached 4.582689 million tons in 1990. The net value of fixed assets of the whole mine is 178 million yuan. There are 8813 employees, including 6018 raw coal proction personnel
No.3 coal mine is famous for procing high-quality anthracite with high carbon content. Its main procts include 11 grade separation of large coal, 12 grade washing of medium coal, 12 grade washing of small coal, 15 grade and 16 grade separation of fine coal, etc. Among them, grade 15 and 16 fine coal has been continuously rated as provincial quality procts since 1984, and exported to Japan, South Korea, North Korea and other countries, which are well received by users< In 1988, No.3 coal mine was named as quality standardization and modernization mine by former China National Coal Corporation; In 1991, he was promoted to the second level enterprise of coal instry; National Coal Mine Geological union of Ministry of energy awarded & quot; Advanced unit of national unified allocation coal mine competition & quot;; In 1996, Ministry of coal instry awarded & quot; Coal quality management standardization mine Shanxi coal (Department) Bureau awarded & quot; Advanced unit of mechanical and electrical work& quot; National secondary measurement and total quality management secondary qualified enterprise & quot;; Shanxi Province won the excellent political work enterprises, advanced collective of Party style and discipline, advanced greening unit; And was awarded the former China National Coal Corporation Living welfare management and facilities standard advanced mine and other honorary titles< The predecessor of Tianxing company is No.4 coal mine of Yangquan Coal Group, which was founded in 1907. This century old coal mine was reorganized into Tianxing company after its resources were exhausted in 2002. Based on the development strategy of taking coal as the main body and taking mining electrical appliances and service instry as the two wings, the newly established enterprises have successively invested in Jincheng YEMA coal mine and built comprehensive hotels in Qinhuang< Yangquan group No.5 coal mine is located in Pingding County, south of Yangquan City, 18 km from the urban area in the north and 6 km from Pingding County in the East. Taijiu Expressway and railway special line intersect through the middle of the mining area, with convenient communication and transportation. It is one of the largest non bituminous coal proction bases in China Yangquan Coal Instry (Group) Co., Ltd. The mine covers an area of 80.2 square kilometers, mainly mining 8 and 15 coal seams, with recoverable reserves of 463.11 million tons and service life of 84 years< Minmetals was officially established in December 1984. It has more than 6700 employees; Mining, digging, opening, machinery, transportation, communication, selection, marketing, supply and other types of work and professional, complete supporting, forming an independent proction system, the main types of coal proction are: pulverized clean coal, washing block, washing small, fine coal, slime, medium coal, etc., sold to more than 170 users in seven provinces and cities, mainly for metallurgy, power instry, and exported to Brazil, Japan, South Korea Australia and other countries and regions
- relying on technological progress, developing enterprises through science and technology. We will continue to increase investment in equipment and improve the degree of mechanization. From general mining and high-grade general mining at the beginning of mine construction to comprehensive mechanized mining in December of 1992, from fully mechanized mining by layers to fully mechanized top coal caving mining at one time, the degree of mining mechanization reached 100%; The computer-controlled KJ4 underground gas monitoring system and nuclear scale measurement system are established, and the three-dimensional seismic method is applied to predict the underground geological structure; The first intranet network established in the whole group company is starting, which improves the degree of informatization and paperless office
- diversified development as a supplement. While doing a good job in coal proction, Minmetals vigorously develops diversified economy and non coal instry. Duoying has grown from scratch, from small to large, and has been growing. At present, there are 10 business entities in the diversified operation head office, which are respectively engaged in more than 10 instries, such as construction and installation, mechanical and electrical maintenance, printing, processing, chemical instry, commercial drink, etc., with 1515 employees and an annual output value of nearly 50 million yuan
in the face of the favorable opportunity for China's accession to the WTO, Minmetals is ready to build a first-class mine in three years to beautify the environment, refine the management, optimize the procts and refine the work, so as to fight against the world with a new look. Looking forward to the future, the staff of Minmetals will have a bright future with bright red sun and blue sky
Xinjing mine is located in the west of Yangquan City, 18 kilometers away from the city center, close to Shijiazhuang Taiyuan railway and Taiyuan Jiujiang expressway. It started construction in 1990 with a total investment of 1.8 billion yuan. It was formally established on October 1, 1998, and now has 4500 employees. The coal seams in the mine field are all high quality anthracite with stable storage. There are 8 minable coal seams, mainly 3, 8 and 15 coal seams. The recoverable reserves of the first phase project is 160 million tons, the service life of the mining area is 52.4 years, and the annual design proction capacity is 2.2 million tons. According to the "Tenth Five Year" development plan, the mine output will reach more than 4 million tons by 2005< The main inclined shaft belt adopts CST Soft Start Technology of the United States, the main fan is GAF type made in Shanghai, which is the largest blower used by domestic coal enterprises at present. It also has the domestic advanced KJ90 coal mine safety proction monitoring system, and the auxiliary shaft hoist is also the most advanced equipment in China
Xinjing coal mine is the company's coal export base. The mine has a large-scale full dense medium coal preparation plant with an annual design of 3.6 million tons of raw coal. The main procts are special No.1, No.1 metallurgical blast furnace injection clean coal, the proct quality is excellent, marketable, mainly exported to South Korea and Japan
since the establishment of Xinjing mine, safety proction has been relatively stable, high yield and high efficiency has achieved remarkable results. All staff are adhering to the core concept of "road at the foot, things depend on people", forge ahead, work hard, build a high standard modern mine, and strive hard to achieve the company's strategic goal of "fighting hard, double ten billion in ten years"< Shouyang Kaiyuan Mining Co., Ltd. of Yangquan Coal Group was established in April 2000. It is a subsidiary of Yangquan Coal Instry (Group) Co., Ltd. It is an independent legal entity enjoying civil rights and bearing civil liabilities according to law, and is an enterprise owned by the whole people. The predecessor of Shouyang Kaiyuan Mining Co., Ltd. of Yangmei group is huangdangou coal mine in Shouyang County
the mine was founded in 1970 with a designed proction capacity of 300000 tons / year and an actual proction capacity of 150000 tons / year. On March 18, 2000, following the guiding principle of complementary advantages and common development, the mine was merged by Yangmei group free of charge with the consent of Yangmei group and Shouyang County Government. The newly established Shouyang Kaiyuan Mining Co., Ltd. of Yangmei group is located in the northwest corner of Qinshui coalfield, With an area of 27.5 square kilometers and geological reserves of 390 million tons, it contains 17 layers of coal, which are Carboniferous and Permian coal quality, coal types and main proct structure: 3 ᦇ, 9 ᦇ, 15 ᦇ, 15 ᦇ, 15 ᦇ, the main coal seams with stable occurrence and popular market. Among them, 3 coal and 9 coal are of good quality. They are very popular in the current market as ultra-low sulfur and ultra-low phosphorus lean coal. They are the main environmental protection coal advocated by the state. After the establishment of the company, the total investment of technical transformation construction determined by Yangmei group is 22.11 million yuan, including 104.5938 million yuan for mine technical transformation investment and 17.5167 million yuan for coal preparation plant technical transformation investment. After more than two years of construction, 111.6681 million yuan has been completed. Complete 92% of all technical transformation? In the first half of 2003, all technical transformation projects will be completed, and the design scale will reach 1.2 million tons in 2004. By then, the company will step into a modern high-yield and efficient mine.
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