In recent years, Large Language Models (LLMs) have rapidly advanced in language understanding, reasoning, and generation, and are increasingly adopted as the “brain” of industrial intelligent systems. Nevertheless, in high‑risk and strongly regulated domains they still exhibit hallucination, weak domain grounding, limited interpretability, and privacy as well as security constraints. Knowledge graphs (KGs) encode domain entities, relations, rules, and events explicitly, providing controllable semantics and an explainable reasoning substrate. Retrieval‑augmented generation (RAG) injects external evidence into LLM prompting, while GraphRAG further introduces graph indexing and community‑level retrieval to preserve global structure and support multi‑hop reasoning. This review summarizes the evolution of LLMs, KG modeling and extraction, GraphRAG mechanisms, and a general fusion framework. Typical industrial applications are surveyed, and a coal mine flood emergency plan generation and evaluation approach is discussed to illustrate the practical value of graph‑grounded large models.  KG‑enhanced retrieval also supports provenance tracking, allowing industrial users to audit the evidence behind model outputs.