Datong coal industry reduces the province's foreign mineral rights or has profound meaning

In the current large-scale expansion of resource-oriented enterprises, Datong coal Industry (601001) will be put into production in sight of the coal enterprises, not according to the common sense of the strategy caused the market concern. Datong coal industry announced yesterday that the company intends to be a subsidiary of Inner Mongolia with coal Ordos Mining Investment Co., Ltd. 19% of the stake to 451 million yuan transfer. In the proposed sale of assets, the core asset is the color-linked mine. According to the transfer agreement, the mining company's transfer price based on the price of the company's 2008 acquisition, followed the principle of no fare increase, the move was challenged. "The mine has been bred for years and is in sight; at the same time, the transfer price is lower than the average of 3.9 yuan/ton of other coal listed companies."　　Said the coal industry researcher. The annual report shows that the color Lian mine, the rich coal mine project at the end of 2010 years with production conditions. In other words, the harvest is in sight. So what exactly is the Datong coal industry that has been shrinking its stakes? Most researchers blame it on the issue. "The introduction of strategic investors is only part of the rationale for the sale of shares in Datong coal industry," said a researcher in Datong region. The big shareholder with coal group is now worrying about the shanty town, but its own is not well-off, datong coal industry This move can buy large shareholder assets to accumulate cash. "Recently published data show that the Datong mining area of coal mining subsidence area governance total investment of 3.044 billion yuan, and according to the" on the same coal group of shanty towns renovation and settlement of Datong Mining area treatment of the special Meeting minutes of the provisions of the reconstruction project in accordance with Shanxi Province, Datong Government, With coal group and individual employees, such as four funds to raise channels.　　Among them, with the coal group undertook 30%. It is reported that Datong coal industry in 2008 planned asset acquisition plan, to the controlling shareholder Datong Coal Mining group to buy its subordinate Swallow mountain mine related assets, but later because of the two-tier market share price fluctuations and other reasons failed to implement. "Swallow Mountain Mine related assets at the time of the assessment price of about 2.5 billion, Datong coal industry now savings cash, and then direct acquisition of the energy is very large." In this way, it also solves the coal group's financial difficulties.　　Said the researcher. At the same time, another coal industry researcher said that Shanxi Province is inclined to the provincial coal enterprises as far as possible economic benefits play in the province, encourage the provincial enterprises through the expansion of provincial investment to promote local economic development. From this point of view, Datong coal industry to reduce the equity investment in Inner Mongolia and the Shanxi provincial government's intentions coincide.