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Dozens of SOEs Report Quake Casualties

05-15 15:27 Caijing Magazine

The earthquake inflicted a heavy toll on many state-owned enterprises. More than 100 workers died at one SOE, and nine buildings collapsed at another.

Compiled by Caijing staff

At least 24 state-owned enterprises have reported deaths and-or injuries following the May 12, working-hours earthquake that rocked southwest China, and at one company more than 100 people died, a government agency said May 15.

Statistics from the State-owned Assets Supervision and Administration Commission (SASAC) underscore the disastrous losses to SOEs especially in hard-hit Sichuan Province, including major electricity distributor State Grid, China Huaneng Group, and China National Chemical Corp.

The death toll at Dongfang Electric Corp. alone surpassed 100. Nine buildings at the Du Jiangyan base of China Electric Technology Group’s No. 29 Institute were destroyed.

The casualty figures were expected to rise. Li Rongrong, SASAC director, said May 14 during a quake rescue videoconference that scores of SOEs had reported staff deaths and injuries, and some employees and their families were either trapped or missing. Li said that, as of May 13, about 50 SOEs had reported quake-related damage to SASAC, which oversees enterprises with a combined 11 million employees nationwide.

The quake also inflicted heavy damage to power facilities. Power stations in Sichuan and Shaanxi provinces were idled, and transformer substations owned by Sichuan Electric Power were shut down.

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