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First-level factors | Second-level factors | Description |
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Policy risk | Industrial policy | Changes in coal industry regulatory policies, such as “reduce excessive production capacity” and “changing fuel from coal to natural gas”, and other industrial layout and structural adjustment policies. |
Taxes policy | Changes in taxes and fees |
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Economic risk | Macroeconomic condition | Impact of macroeconomic fluctuations |
Coal prices | Coal price fluctuations. |
Market demand | MPO demand changes |
Market competition | Change in service provider number, competitiveness, competition strategy. |
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Management risk | Organizational structure adaptation | Organizational structure does not meet the specialized mine service model |
Internal communication | Lack of coordination and communication between the proprietor and the service provider. |
Workflow normative | Poor workflows may cause adverse effects. |
System and implementation | System is not perfect or poorly implemented. |
Plan and implementation | Low level of planning and implementation. |
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Technical risk | Professional service technical level | Specific technical level for specialized mine services. |
R & D innovation capabilities | R & D innovation capacity of the new service. |
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Resource risk | Human resources | Lack of appropriate human resources |
Funds | Insufficient funds or irrational funding structure. |
Equipment | Equipment selection, maintenance, material supply, etc. |
Information system | Information platform is ineffective. |
Resource endowments | Exploration differences in resource reserves, quality, and geological and coal seam conditions. |
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Safety risk | Safety management system | Safety management system failures. |
Input | Poor safety equipment, facilities and training input |
Incidents | Direct losses and derivative risks caused by safety incidents. |
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Environmental risk | Environmental protection system | Environmental protection management system failures |
Input | Poor environmental protection equipment, facilities and training input |
Pollution | Direct losses and derivative risks |
Resource Recycling and Utilization | Poor recovery and utilization of coal and related resources |
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Contract risk | Contract | Contract signing process is not standardized and low contract text quality. |
Performance | Failed to perform the contract in terms of progress, quality, cost and safety. |
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