Taxation promotes transformation and upgrading of Ordos Coal Enterprises

In early autumn, entered Ordos, the blue sky and white clouds, the flowers were fragrant, the breeze was passing, and the air was filled with the freshness of the grass. This is not only due to the integration of government resources, but also closely related to the national tax reduction and fee reduction policy.

Erdos City started with coal and became famous by coal. Since the founding of new China, the output of raw coal has expanded from 1 thousand tons in 1949 to 6.16 million tons in 2018, with an average annual growth rate of 21.9%. In this coal sea, how to balance the relationship between the protection of ecological environment and the development of coal fields is a new way to mine ecological restoration and management.

Shenhua Energy Co., Ltd. is an ultra large comprehensive energy enterprise integrating coal mining, power generation and railway transportation. "Castle Peak Ring Enterprises, Green Tree Financing Enterprises, Flowers Cluster Enterprises" is the goal of enterprise environmental protection. In addition to the Heidaigou Open-pit Mine with an annual designed production capacity of 20 million tons of coal and its associated coal preparation plant, the pithead power plant with an installed capacity of 2x100,000 kilowatts, the gangue power plant with an installed capacity of 2x150,000 kilowatts, and the Harwusu Open-pit Mine with an annual installed capacity of 350,000 tons, the greening and reclamation work of the two mining areas has been actively carried out, focusing on the reclamation of the dump and the greening landscape transformation of the mining area, and exploring the construction of the The project covers an area of 42000 Mu and a total investment of 260 million yuan.

"Tax preferences give us strong financial support for mine greening and become the accelerator of high-quality development of Shenhua Juneng Company." Erdos City People's Congress, Shenhua Energy Limited liability company party secretary and chairman Yang Rongming said. In 2019 1-7, Shenhua Zhungeer energy limited liability company actually reduced 319 million yuan. According to estimates, it is estimated that the tax and fee reduction and exemption for the whole year of 2019 will be about 520 million yuan. Yang Rongming said that the savings in the policy of tax reduction and cost reduction could further upgrade the production process and speed up the transformation of the ultra-low emission of the two unit of gangue electric power company, so as to improve the efficiency of emission reduction and reduce the discharge of pollutants. On the other hand, it can also be used to introduce beef cattle, expand alfalfa planting, silage maize planting and fruit tree planting, improve beef cattle breeding and breeding base construction, and actively build modern agricultural and animal husbandry demonstration areas in mining areas featuring green mining areas, green agriculture and green industry. With the help of tax incentives, Shenhua Junneng made frequent "big moves" to complete reclamation with a total area of 2739.28 hectares and a total investment of 1.45 billion yuan. The reclamation rate of mining areas reached 100%, and the water erosion modulus decreased from 13,000 tons/square kilometers per year to 1,500 tons/square kilometers per year, which is close to the level of mixed forest areas in North China Plain. The height of vegetation increased from 25% of the original surface to more than 80%, and the control rate of soil erosion was 80%.

Broke through a new world of traditional resources, which is highly refined and transformed. In order to avoid falling into the "resource trap", Ordos began to extend the development of the resource industry in the early 2000, and introduced various industrial development projects, and launched the conversion strategy of coal, oil, coal and electric energy as early as 2000. In the new century, Ordos will adjust its structure, transform its economic development mode, vigorously develop clean energy, and strive to achieve coordinated development of environmental protection and economic development.

Group is one of the enterprises that are actively transforming and upgrading. While strengthening the advantage of coal industry, Yitai group conscientiously implemented the relevant policies of clean utilization of national coal and promoting the transformation of coal resources in situ, and promoted the industrialization of indirect coal liquefaction technology of independent intellectual property in China, and built the first demonstration production line of 160 thousand tons in China. In March 2009, the Yitai Group Co., Ltd. successfully produced the first batch of qualified oil products from coal liquefaction in China, and this project has also become a milestone in the development of indirect coal liquefaction technology in China. By August 2019, sales revenue was 10.375 billion yuan and profits were 325 million yuan. Since a series of tax reduction and fee reduction policies issued by the state, Yitai Group has been exploring and trying to broaden its industrial base and extend its industrial chain with the help of high and new technology relying on the advantages of coal resources. According to Lv Guiliang, chief financial officer of Inner Mongolia Yitai Coal Limited by Share Ltd, after calculation, the implementation of the new deal will reduce the company's tax by 20%. According to the 2018 value added tax amount of 2 billion 800 million yuan, it is expected that in 2019, the company will enjoy a "500 million dividend" tax.

Today, Yitai Group has built 1.2 million tons/year fine chemicals project in Hangjinqi on the basis of stable operation of 160,000 tons/year coal-to-oil industrialization demonstration project, and will promote the construction of key projects in accordance with the 13th Five-Year Plan of Energy issued by the National Development and Reform Commission and the National Energy Administration. Through R&D and innovation, the downstream industry chain will be extended to the high-end fine chemicals, the economy of the project and the added value of the products will be continuously improved, so as to realize the continuous transformation and leapfrogging from basic raw materials to clean fuels, to fine chemicals, and finally to functional materials, so as to realize the terminal and high-end of the products.

Ordos coal oil production company is affiliated to the national energy investment Refco Group Ltd (formerly Shenhua Group). It operates the world's first and the world's only million ton coal direct liquefaction production line. The project has realized the clean, efficient transformation of coal resources. It is China's active efforts to promote clean transformation of coal, solve the overcapacity of coal industry, save energy and reduce emissions, and protect students. An Important Demonstrator of Eco-environment