Core Viewpoint - The report reveals a fatal accident at Kanglong Chemical (康龙化成), where two employees died due to asphyxiation caused by nitrogen gas in a flexible isolator during a night shift on June 3, 2023. The company failed to disclose this incident in a timely manner, citing it did not meet disclosure standards [4][5][6]. Group 1: Accident Details - The accident occurred in the purification room of Kanglong Chemical's facility in Beijing Economic-Technological Development Area [4]. - The two deceased employees had 6 and 8 years of experience, respectively, and were performing routine tasks when the incident happened [4][5]. - The direct cause of death was identified as a significant drop in oxygen levels due to nitrogen gas being introduced into the flexible isolator without proper safety measures [5][6]. Group 2: Investigation Findings - The investigation concluded that the accident was a result of non-compliance with safety protocols, specifically the failure to use gloves while operating within the flexible isolator [6]. - Indirect causes included inadequate enforcement of safety regulations and insufficient safety training for the employees involved [6]. - The investigation team recommended penalties for 10 management personnel at Kanglong Chemical, including fines based on their annual salaries [6]. Group 3: Company Performance - In the first half of 2025, Kanglong Chemical reported revenue of 6.441 billion yuan, a year-on-year increase of 14.93% [7]. - The net profit attributable to shareholders decreased by 37% to 701 million yuan, while the net profit excluding non-recurring items increased by 36.66% to 637 million yuan [7].