Realize the listing of major coal assets through restructuring. 20 18 10 18, Huaibei mining realized the listing of its main coal assets through restructuring, which was the largest listed assets reorganization in Anhui province in 20 18. The successful listing means that Huaibei Mining has a financing platform with wide channels, low cost and high efficiency. As a result, Huaibei Mining Group has dual channels of bank financing and stock market financing, bank liabilities have been greatly reduced, financial structure has been further optimized, and the asset securitization rate has increased from less than 3% to more than 65%. This is of great significance to the group's merger and acquisition, expansion of scale, improvement of product competitiveness and market share.