机械设备行业深度报告：采煤迈入无人化智能时代，综采装备技术升级正当时

Investment Rating - The report indicates a positive investment outlook for the coal mining industry, particularly focusing on the transition to intelligent and automated mining technologies. Core Insights - The coal mining industry in China is entering a phase of intelligent mining, with a record coal production of 4.711 billion tons in 2023, marking a 3.35% increase year-on-year. This transition is driven by the need to reduce labor costs and enhance safety in mining operations [4][26]. - Government policies are actively promoting the direction of unmanned intelligent mining, with a target for major coal mines to achieve automation by 2025 and a significant increase in the proportion of intelligent mining operations by 2030 [4][23]. - Major coal-producing provinces are setting specific development goals, with leading companies taking the initiative to upgrade their operations towards intelligent mining, resulting in a market potential exceeding 100 billion yuan [4][26]. Summary by Sections 1. Intelligent Mining Trends - The application of intelligent systems in coal mining significantly enhances operational efficiency and safety, transitioning from manual to automated processes [15][19]. - The mechanization level of large coal enterprises in China has reached 99.01% by 2022, indicating a high degree of automation in coal mining [15][17]. 2. Labor Shortages and Safety Concerns - The shortage of labor and rising operational costs are driving the demand for intelligent mining solutions, as the harsh working conditions deter younger workers from joining the industry [19][21]. - The report highlights the need for improved safety measures, as mining accidents have historically posed significant risks, with 1,990 fatalities reported from 2016 to 2022 [21][22]. 3. Policy Guidance - A series of government policies are in place to facilitate the transition to intelligent mining, including the "Energy Technology Revolution Innovation Action Plan" which aims for unmanned operations in key mining areas by 2030 [23][24]. - Local governments are also formulating specific plans to achieve intelligent mining, with targets set for various provinces to complete automation by 2025 [25]. 4. Market Potential - The intelligent mining market is projected to reach 33.93 billion yuan in 2024 and 36.25 billion yuan in 2025, driven by the ongoing transition to automation and intelligent systems [4][26]. - Leading companies in the sector, such as Tianma Zhikong and Zhengmeiji, are positioned to benefit significantly from this transition due to their advanced technologies and market presence [4][5].