Promote transformation of resources through merger & acquisition Ã¢ÂÂ case review from coal mining enterprises in Shanxi provinceAuthor(s): Zhang Liyan, An Weidong
The merger and acquisition of coal companies are inevitable results of transformation of resources. It’s spurred by market competition and is an effective way to better use the social resources. Shanxi has made a significant progress since the region launched China’s largest-ever restructuring campaign in an effort to improve work safety conditions and production capacity of the industry in April, 2009. The innovations in the fields of investment scheme of energy sector, the comprehensive use of resources, production security and management institutions have provided valuable experience for the updating and transforming of coal industry of the nation. In light of this, the thesis proposes five strategies for the industry to push forward merger and acquisition process and achieve successful transformation of resources.