ZHONGJIN GOLD(SH:600489) 经济观察报·2025-07-24 10:47Core Viewpoint - The tragic incident involving six university students at a mining facility has prompted the Inner Mongolia government to establish an investigation team to conduct a higher-level inquiry into the circumstances surrounding the event [1][8]. Company Summary - On July 24, 2025, Zhongjin Gold Co., Ltd. (600489.SH) released a statement regarding the incident where six students from Northeast University fell into a flotation tank during a visit to the company's subsidiary, resulting in their drowning [2]. - Following the incident, the leadership of Zhongjin Gold took the matter seriously, activating emergency protocols and promptly reporting to local government departments [3]. - As of July 24, Zhongjin Gold's stock price was 15.19 yuan, reflecting a decline of 4.41%, with a total market capitalization of approximately 736 billion yuan [9]. Industry Summary - The flotation tank, a critical area in the mineral processing plant, experienced a grid plate failure, raising questions about maintenance and safety inspections [3]. - Industry expert insights indicate that the flotation process involves mixing ore with water and chemicals to separate metals, with a typical slurry composition of 60% water and 40% ore, making it difficult for individuals to swim if they fall in [4][5]. - Safety inspection standards for grid plates in mining companies are governed by national standards, such as GB4053 and GB16423-2020, which outline design loads, safety parameters, and daily equipment checks [6][7].