[Baogang Steel Responds to Explosion: Cause Still Undetermined, Affected Production Lines to Shut Down] At approximately 3:00 PM on January 18th, an explosion occurred at Baogang Rare Earth Steel Plate Plant. On the morning of the 19th, Baogang Steel issued an announcement stating that a saturated water and steam tank exploded in the steelmaking department of its subsidiary's plate plant, resulting in 2 deaths, 8 missing persons, and 84 injured and hospitalized. A reporter, posing as an investor, contacted the publicly listed phone number of Baogang Steel's board secretary. The staff member who answered stated that the cause of the accident is currently undetermined. Currently, apart from the affected production lines that have been shut down, other unaffected production lines are operating normally.
