Study On Strategic Transformation Of Changcun Coal Mine Of Lu'an Group Under The Background Of Supply-side Reform

As a non-renewable resource that is once consumed,coal has limited total reserves,and it cannot withstand long-term uncontrolled continuous mining.The coal industry is taking a strategic transformation and development path that is imperative.In February 2016,the State Council formally issued the "Opinions on Resolving Overcapacity in the Coal Industry and Relief from Difficulties"(Gufa[2016]No.7).This opinion puts forward the guiding ideology of the coal industry to achieve profitable losses,upgrading,and sustainable and healthy development,and clarifies that from the beginning of February 2016,the national coal industry will withdraw its production capacity and reduce restructuring by three to five years.Billion tons of coal,and effective solution to coal overcapacity,to ensure a stable balance of supply and demand in the coal market,so that the coal industry structure has been optimized,the industry transformation and upgrading and sustainable development has achieved substantive progress in the work goals,while at the same time come up with a set of help and Incentives.Lu'an Group Changcun Coal Mine is the first large-scale modernized coal mine in China that has been partially constructed using World Bank loans.Since the establishment of the mine,it has brought rapid growth to the local economy.At the same time,the Changcun Coal Mine has ensured the stability of the local society,stability of the people,and political stability.It has played an active role in solving social employment.However,in recent years,due to the impact of the macroeconomic situation,the downward pressure on the coal economy has been severe.Under the macroeconomic situation of excess capacity,stagnant demand and falling prices,the Changcun Coal Mine has increasingly lost its competitive advantage,and its living space is shrinking.The efficiency has fallen sharply.In addition,the current extensive management of the coal industry relies mainly on the extraction and processing of primary products.The single industrial structure,the short industrial chain,and the low technological content have caused a certain degree of waste of resources and environmental damage.The transformation and development has become the promotion of sustainable development of the coal mine.The inevitable requirements.This article combines the internal and external environment analysis of the Changcun coal mine of Lu'an Group,and uses theories such as industrial transformation,industrial development,supply of institutional requirements,and the theory of the company's life cycle to summarize the successful transformation experience of coal industry at home and abroad,and explore the bottlenecks that restrict its transformation.The factors and the transformation opportunities that should be grasped at this stage provide a design and transformation path for the successful transformation and development of Changcun Coal Mines,and point out the direction of the transformation and provide corresponding management strategies and suggestions.