以“两矿一化”项目为案例,介绍了中煤能源集团在市场化收购中所采取的措施,总结了兼并重组的有关体会,并提出观点:兼并重组是资源型企业持续发展、获取资源的必要手段;收购有助于实现产业基地战略布局,收购方须提升经营水平以提高投资回报水平;收购要注重资源本身的质地。 Taking the project of “two mines and one mine” as a case, this paper introduces the measures taken by China Coal Energy Group in the market-oriented acquisition, summarizes the related experiences of the merger and reorganization, and points out that the merger and reorganization is the sustainable development of resource- Acquisition of necessary means of resources; acquisitions help to achieve the strategic layout of the industrial base, the acquirer must raise the operating level in order to improve the level of return on investment; acquisition to pay attention to the texture of the resource itself.