The number of coal mines in China is large and the intelligent penetration rate is low, and the smart mining industry has a broad space under the support of policies

The data show that the cost of intelligent transformation and upgrading of the single mine of the existing production mine is about 149 million yuan to 263 million yuan, and the cost of single mine transformation of the new mine is about 195 million yuan to 385 million yuan. According to the "National Coal Mine Production Capacity Statistics" released by the National Energy Administration in 2019, excluding too low production capacity and coal mines that have been rectified and closed, the number of coal mines in the country is nearly 4,500, so the intelligent construction of coal mines in China will create a trillion-level market. In addition, with the mature application of smart mine information system products and technologies in the coal industry, it will create the possibility of expansion to energy and chemical industries such as oil and gas mining, and its market space will usher in new growth drivers.

-- China's coal mining more difficult, higher risk factor, prone to mine accidents. According to the classification of coal mining methods, coal mines can be divided into open-pit coal mines and shaft coal mines, among which open-pit coal mining difficulty is lower, higher production efficiency, is the main form of coal mining in the United States, Australia, Indonesia and other coal-producing countries; Due to the geological particularity of China, most of them are mining mines. According to the academic paper "Achievements and Development Trend of open-pit Mining in China" published by Tian Hui, Bai Runcai and Zhao Hao, as of the end of 2017, there were only about 420 open-pit mines in China, accounting for about 6% of the total number of coal mines in the country. Mine mining is carried out in the underground with complex environment and diverse rock formations, which is an important reason for the frequent occurrence of serious accidents in coal mines in China in the past.

The state pays more and more attention to the safety of mine production, and has successively issued guiding policies related to the coal industry. The National Development and Reform Commission, the National Energy Administration, the State Administration of Mine Safety and other eight ministries and commissions jointly issued the "Guidance on Accelerating the intelligent development of Coal mines" in February 2020, pointing out that "by 2025, large coal mines and coal mines with serious disasters will basically achieve intelligence", and for the first time put forward specific goals for the intelligent development of coal mines at the national level. The National Development and Reform Commission, the Ministry of Industry and Information Technology and the National Energy Administration issued the "Key Points for coal to resolve excess capacity in 2019" in April 2020, which also pointed out that "guide coal enterprises to increase scientific and technological investment, apply modern information technology and advanced applicable equipment, and build safe, efficient, intelligent and environmentally friendly large-scale modern coal mines." Continuously improve the level of mechanization, automation, information and intelligence." The introduction of policies has effectively promoted the integration of intelligent technology and the coal industry, and promoted the high-quality development of the coal industry.