Shandong Energy "tunes" out "big energy" group

Wind power, thermal power, photovoltaic power generation, coalbed methane, shale gas, etc., Shandong Energy Group Co., Ltd. started with "coal" attacked the energy industry. While creating the “big energy” group, they also demonstrated their skills in equipment manufacturing and modern service industries. Last year, its logistics trade revenue reached 52.8 billion yuan, accounting for more than 30% of the group's total revenue, indicating the effectiveness of industrial layout adjustments and changes in growth patterns.

Shandong Energy Group, consisting of six provincial coal companies, was originally a typical “coal” dominance. In 2010, the revenue ratio between coal and non-coal was 46:54, and the profit ratio was 97:3. Non-coal industry There are few profitable projects and low profitability. "When more resources are available, coal companies must gradually get rid of "coal dependency" and move toward a new journey of diversified development," said Bo Changsen, chairman and general manager of the group.

To this end, Shandong Energy Group went northwards and southwards, eastwards and westwards, and implemented strategic adjustments around the four major industrial sectors of energy, modern service industry, equipment manufacturing, and coal chemical industry. They planted natural rubber in Thailand, developed forest resources in Canada, started oil shale projects in Myanmar, and built coal-electric integration bases in Inner Mongolia, Xinjiang, and Shaanxi.

They jointly declared national key laboratories with Shandong University and China National Minerals Corporation, established equipment manufacturing, coal chemical research institutes, and perfected industry incubation mechanisms; cooperated with Tsinghua University and other domestic and foreign research institutes to carry out technological research; implemented “three hundred talents”. , "Double Science and Technology Research Field" and other talents introduction training project, lay the talent and technical reserves for strategic adjustment.

"Utilizing existing PV and wind power products during the low price period, the acquisition, integration of capital chain breaks, good equipment performance, and excellent personnel technology will quickly enlarge and strengthen the new energy industry," said Li Wei, Deputy Minister of the Group's technical and equipment department. In areas such as Xinjiang, Inner Mongolia, and Gansu, where wind and solar energy resources are abundant, they have begun to construct wind energy and photovoltaic power plants in the surrounding areas of the mining area in time. When acquiring resource projects, they can also support corresponding new energy projects.

Each of the Group's subsidiary companies also relies on existing iron ore, oil shale and other resource development projects to further increase the acquisition and development of non-coal mineral resources such as iron, copper, gold, and manganese, forming a diversified pattern of mining development. . Dragon Group’s oil production exceeded the 10,000-ton mark in January, forming a comprehensive utilization industrial chain that handles 1.2 million tons of oil shale and 120,000 tons of oil. The Jujube Group has officially put into operation the natural rubber base in Thailand in Canada. The forest resources have also achieved initial success. By 2015, its installed power capacity will reach 13 million kilowatts.

The modern service industry is the second largest leading industry identified by Shanneng. They have compiled plans for the development of the modern logistics industry, and successively signed strategic cooperation agreements and strategic cooperation intentions with Rizhao Port Group, China Resources Power Holdings Corporation, CITIC Pacific, and so on. Business is modernized. “We will build six coal storage and distribution bases in Zhangjiakou, Jiangyin, Qihe, Rizhao, Longkou and Heze, and strive to build a national coal storage and distribution base and the first e-commerce platform for the Shandong Coal System. Development of coal, ore, timber, etc. The bulk logistics-based modern logistics industry has formed an annual coal distribution and operation capacity of 100 million tons,” said Bu Changsen.

Shandong Energy New Mining Group has integrated 13 specialized companies to form a “nanny-style” service model integrating exploration, design, infrastructure construction and custody services, and the production and service industry is gradually becoming a scale. The Luzhong Coal Trading Center built by Yankuang Holding Co., Ltd. achieved a total order volume of 17.63 million tons. The capital of New China Mine Cathay Capital Leasing Co., Ltd. has risen to the third place among domestic domestic-invested leasing pilot companies.

The high-end equipment manufacturing industry has also emerged. The new mine energy machinery has now been built into the country's only mine equipment remanufacturing base. Yanhua Xinhua Medical has stepped up product research and development and industrial mergers and acquisitions to build a high-end medical equipment manufacturing base. Leveraging on the creation of a national-level equipment manufacturing R&D center, a comprehensive pilot base and a mining equipment remanufacturing engineering technology center, Shanneng will build two billion-dollar equipment manufacturing parks.

Through strategic industrial adjustments, Shanneng Group is advancing toward the Fortune 500. According to the plan, by the end of the “Twelfth Five-Year Plan”, the main business income of Shandong Energy Group will reach 270 billion yuan, and the major economic indicators will double again by 2020!