⑦ Manual operating mechanism: manual operation under abnormal automatic control.

Coal companies should stabilize the recession from profit to loss
The coal company should stabilize its recession from profit to loss. The more outstanding a person is, the more he will experience and accept! Since the second half of last year, after more than a year of price decline in the coal industry, especially due to the impact of imported coal, the performance of coal enterprises is worrying, and the listed companies in the coal industry have not been spared. The profitability has generally declined significantly. The coal industry has disclosed that 14 of the 16 listed companies whose net profits have declined in the 2013 semi annual report, of which Yanzhou Coal even turned from profit to loss, with a loss of 2.4 billion yuan.
According to WIND statistical data, among the 16 listed companies in the coal industry that have disclosed their semi annual reports, except Dayou Energy and Kaidi Power, whose net profits have increased year on year, the performance of the other 14 companies has declined at different levels year on year. In particular, Yanzhou Coal Industry, which once made a profit of 4.906 billion yuan in the first half of last year, turned into a loss of 2.397 billion yuan this year, and its net profits fell nearly 150% year on year.
Yanzhou Coal Industry disclosed in its 2013 semi annual report that its overseas subsidiaries suffered a huge loss of more than 4.2 billion yuan in the first half of this year, which led to a loss of 2.397 billion yuan in the first half of this year for Yanzhou Coal Industry's listed companies.
In addition, even if the coal listed companies have completed their sales revenue, they are also heavily occupied by downstream enterprises in the industrial chain, such as power enterprises and steel enterprises (Baigang stainless steel pneumatic butterfly valves are widely used). The accounts receivable of the entire industry have increased by 12.8 billion yuan over the beginning of the year, a substantial increase of 42%. In addition, the overall loss of the coal industry is still expanding from time to time. Li Chaolin believed that in order to seize market share, industry giants such as Shenhua and China Coal took the lead in reducing prices, which aggravated the decline of coal prices and squeezed the overall profit space of the industry. Of course, Shenhua has its own power plant and its own coal to oil project, which can digest a part of the coal output and compensate for the losses caused by the decline of coal prices to a certain extent. Therefore, the company's net profit decline is only 4.8%, far lower than other listed companies in the coal industry.
According to WIND statistical data, among the 16 listed companies in the coal industry that have disclosed their semi annual reports, except Dayou Energy and Kaidi Power, whose net profits have increased year on year, the performance of the other 14 companies has declined at different levels year on year. In particular, Yanzhou Coal Industry, which once made a profit of 4.906 billion yuan in the first half of last year, turned into a loss of 2.397 billion yuan this year, and its net profits fell nearly 150% year on year.
Yanzhou Coal Industry disclosed in its 2013 semi annual report that its overseas subsidiaries suffered a huge loss of more than 4.2 billion yuan in the first half of this year, which led to a loss of 2.397 billion yuan in the first half of this year for Yanzhou Coal Industry's listed companies.
Industry insiders said that the hard days of the coal industry are coming, and many coal listed companies are saving money and reducing costs to "tighten their belts" to tide over the difficulties.
From last year to this year, the coal industry has been in a recession, and the enterprises that can resist living are able to stand steadily! The foothold of the enterprise is similar to that of people!