Problems And Effect Analysis Of Merger And Acquisition Of Shanxi Coal Enterprises

As a main coal production base in our country, Shanxi Province plays an important strategicrole in the economic and social development. But long-term intensive and extensive explorationresulted in a very confused coal development pattern, bringing the waste of resources, ecologicaldestruction, safety accidents and causing serious damage to the resources, economy, environment,social politics and severe challenges to the social sustainable development of Shanxi Province.Despite shuting down the small coal mines to rectify has occured many times, the fundamentalproblems still existed, so it is inevitable to perform merger and acquisition of Shanxi coalenterprises further. Because of its special economic structure and coal resources status, integrationof coal resources started in Shanxi Province first, which is a very important guidance and referenceto the sustainable development of the resource-based cities in our country.Merger and acquisition of Shanxi coal enterprises is an important measure to cope with thecurrent financial crisis, also it is an important way to implement the national industrial policy and tostrengthen the macro-management. In the long run, merger and acquisition of Shanxi coalenterprises is of great importance to rectify the order in mining industry, improve the irrationalarrangement, promote the production safety of coal mine and ameliorate the surroundingenvironment.Integration of coal resources is a practice to the sustainable development strategy of theresource-based cities in China. From the macro level, it is a kind of industrial structure optimizationand upgrading. From the micro level, it is a kind of merger and acquisition of coal enterprises, thatis related to the coordination of M&A business’ interests and the effect of merger and acquisition.From the statistical data, merger and acquisition of Shanxi coal enterprises has obtained the desiredeffect, but many problems appeared in the specific integration process, so it is necessary to analyzethe problems of merger and acquisition of Shanxi coal enterprises deeply and examine the effect ofthe resource integration in order to promot the healthy development of Shanxi coal industry,safeguard the legitimate rights and interests of the related subjects of merger and acquisition,achieve the maximum value of the M&A busines and gain benefits to all parties.