Core Viewpoint - Hunan Hualing Cable Co., Ltd. was fined 350,000 yuan by the Xiangtan Emergency Management Bureau due to a production safety accident that resulted in one fatality and direct economic losses of approximately 1.6 million yuan [1][2]. Summary by Relevant Sections Incident Details - On June 11, 2023, an accident occurred in the aluminum wire workshop of Hunan Hualing Cable Co., Ltd., leading to one death and direct economic losses of about 1.6 million yuan [1]. - The accident was classified as a general production safety responsibility accident by the Xiangtan Municipal Government's investigation team [1]. Company Safety Practices - The investigation revealed that the company failed to conduct adequate safety education and training, which contributed to the accident [2]. - Previous training sessions on safety protocols were held on October 29, 2022, and February 19, 2023, but were deemed insufficient for ensuring employee proficiency in safety operations [2]. Regulatory Actions - The Xiangtan Emergency Management Bureau imposed a fine of 350,000 yuan on the company for its role in the accident [1]. - The company was found responsible for not properly managing daily equipment inspections and failing to address safety hazards effectively [2]. Company Background - Hunan Hualing Cable Co., Ltd. was established in 2003 as a state-owned joint-stock enterprise, originating from the former Xiangtan Cable Factory, which was the largest cable manufacturer in Central South China [3]. - The company was listed on the Shenzhen Stock Exchange on June 24, 2021, with the stock code 001208 [4].
华菱线缆因生产安全事故责任类违法被行政处罚