The old coal mining area is the cradle of the new Coal in China and an important energy base, which has made outstanding contributions to China's economic and social development in history. In recent years, with the gradual depletion of coal resources, some old mining areas have encountered problems such as slow development, industrial decline, and environmental constraints. The transformation of old mining areas is not only related to the interests of enterprises and local governments, but also to the transformation of energy structure and the construction of ecological civilization. We should make greater determination and efforts to promote the transformation and upgrading of old mining areas, so that Resource depletion enterprises can transform and regenerate. Under the high attention of the Central Committee of the Communist Party of China and the State Council, a group of old coal mining areas such as Xuzhou, Kailuan, Zaozhuang, and Zibo seized the opportunity to take the lead and accelerate industrial structure adjustment and transformation and upgrading, and embarked on a new path for the transformation and development of old coal mining areas in the new era. However, in some old mining areas such as Jilin, Jiangxi, Sichuan, Chongqing, and Fuxin County in Liaoning, as coal resources shrink and coal mines accelerate their exit, the operating efficiency of enterprises has declined, and the historical burden is heavy, making the transformation path difficult. If we do not plan for transformation and development as soon as possible, without continuing industries and resources, not only will enterprises and employees face survival difficulties, but it will also affect local economic and social development. The transformation of old coal mining areas is a global challenge. Coal belongs to a high-risk industry with a single industrial structure, which is more complex and unique compared to other industries. International experience also shows that the transformation of Resource depletion enterprises is extremely difficult. After a long period of mining, the old mining areas face many challenges, such as outdated infrastructure, reduced coal resource stocks, older retained personnel, serious ecological environment damage, extensive management, and less experience in the development of non coal industries. However, there are countless difficulties, and the core lies in the "three difficulties" of industrial continuity, personnel placement, and ecological governance. As long as the identification is accurate and targeted measures are implemented, there is a way out for the transformation of old mining areas. Industry is the foundation of old mining areas. Coal resources are becoming increasingly depleted, what do coal enterprises rely on for a living? The core advantage of coal enterprises is still running coal mines, and the core skill of miners is still coal mining. The old mining area should find out the coal related industry, pay attention to expanding the coal production space and its upstream and downstream industrial chains, and continue to do a good job in "coal" while mining the Surplus value of stock assets. Promote the transfer of the coal development battlefield, and at the same time, implement the integration of coal electricity and coal gasification, promote the diversified development of industrial structure, and solve the problem of industrial continuity. For example, while closing 16 pairs of mines in Xuzhou headquarters, Xukuang Group went out of Jiangsu to join the national coal power base in coal rich provinces such as Inner Mongolia, Shaanxi, Shanxi and Xinjiang, and went out of the country to carry out mutually beneficial cooperation in countries along the "the Belt and Road" such as Bangladesh and Malaysia. It laid out and built six major energy bases, focused on solving the problem of industrial continuity where resources came from and where the battlefield went, and created a "new Xukuang". Employees are the wealth of old mining areas. Coal mining is a labor-intensive industry. When the mine is closed, miners will lose their jobs. But once the mine is closed, talents still exist. This can promote the talents, technologies, and brands of closed mines to "go global", carry out service outsourcing mainly focused on coal technology management, and extend from coal power to multiple fields such as property management, engineering, and rescue. It can also tap into the huge potential of various talents through entrepreneurship and skill training, achieve re employment, and truly transform personnel burdens into efficiency creation