Group 1 - Modern coal chemical industry is a key advantage for Ningxia, focusing on transforming coal from fuel to chemical raw materials through technological empowerment [1] - The application of intelligent mining technology at Shuangma No. 1 Mine has led to a 20% increase in cutting efficiency and a 30% improvement in mining efficiency, achieving a 95% automation rate [1] - The mine has transitioned from manual labor to remote computer control, significantly enhancing safety and efficiency in coal extraction [1] Group 2 - Ningxia Coal Industry has developed the "Shenning Furnace," which utilizes dry coal powder pressurized gasification technology, providing a new pathway for clean and efficient coal utilization [2] - The company has implemented advanced process control systems in various production units, allowing for automated adjustments based on historical data, thus improving production efficiency [2] - As of now, 14 smart chemical self-built projects have been completed, achieving high automation and refined management of production processes [2] Group 3 - Ningxia Coal Industry has achieved significant results in intellectual property and technological innovation, with over 2,300 patent applications expected by the end of 2024 [3] - The company aims to continue promoting technological upgrades, optimizing product structures, and extending the industrial chain to advance core technologies for clean coal conversion [3]

Core Viewpoint - The company is set to implement a large-scale coal conversion project in Xinjiang, utilizing a new technology called coal hydrogenation pyrolysis to achieve clean and efficient utilization of abundant coal resources in the region [2][3]. Group 1: Technology Overview - The coal hydrogenation pyrolysis technology integrates the advantages of coal-to-gas and coal-to-oil processes, producing high-value light aromatics and methane as by-products [2]. - The process operates under medium temperature (800℃~1000℃) and high pressure (5~10 MPa), involving rapid hydrogenation pyrolysis reactions and secondary cracking of volatile components [2][3]. - The technology is suitable for high-volatile coal, producing high-quality aromatics with benzene and naphthalene accounting for up to 80% of the aromatic products [2][3]. Group 2: Project Development - The company has established a 400 tons/day industrial demonstration unit in Inner Mongolia and plans to optimize it in 2024, upgrading core systems [3]. - Multiple million-ton-level coal conversion projects are planned in Xinjiang, aiming to create a closed-loop industry of "clean coal conversion—high-end material manufacturing" [3][4]. - The projects have passed feasibility assessments and are currently advancing through environmental impact report approvals [3]. Group 3: Industry Impact - The technology is expected to facilitate the transformation and upgrading of coal resources, aligning with the national "dual carbon" strategy goals [4]. - By integrating with green electricity, green hydrogen, and steel metallurgy industries, the technology aims to enhance resource efficiency and sustainability in traditional energy sectors [4].