Debris flows occurred in many places in Sichuan, and mines were damaged. The destructive power of floods exceeded that of previous years.

Wu said blockchain learned that at 3:20 am on the 17th, a mudslide occurred in Meilonggou, Banshanmen Town, Danba County, Ganzi Prefecture, Sichuan Province, and several local mines were destroyed. As of 9:00 on the 17th, more than 5,000 households and more than 20,000 people had been evacuated, and 2 people were missing.

According to the Cover News report, a power plant employee has lost contact, the Meilon Power Station (installed capacity 2000KW) has been destroyed, and the Annianggou Power Station (installed capacity 3200KW) is threatened.

Sichuan is currently entering a high-incidence period of debris flows. On the 16th, a debris flow occurred in Jinjiang Village, Keer Township, Jinchuan County, Aba. On the 13th, a debris flow occurred in Li County, Aba, Sichuan, causing a complete blockage of the road from Maerkang to Li County. At around 16:50 on the afternoon of June 9, a debris flow disaster occurred in the Aniuwozi group of Xiangjiao Village, Xiangjiao Mongolian Township, Muli County, Liangshan Prefecture.

Sichuan has officially entered the flood season. At 8:00 on June 12, the Xiaojin station of Xiaojinchuan, a tributary of the Dadu River, exceeded the warning water level by 0.11 meters. This is the first time that a river in Sichuan has experienced a flood exceeding the warning water level since the flood season began in May.

On the 16th, the Sichuan Provincial Meteorological Observatory issued three warnings for two consecutive days and issued the first blue warning for flash floods since the beginning of the flood season. There is a high possibility of flash floods in Wanyuan, Tongjiang and other counties (cities, districts), and flash floods may occur in Nanjiang, Bazhong, Pingchang, Xuanhan, Yilong, Yingshan, Peng'an, Tongchuan, Longchang and other counties (cities, districts).

Aba, Ganzi and Liangshan are all places where hydropower mines are densely distributed in Sichuan. In August 2019, the General Office of the Sichuan Provincial Government issued the "Implementation Plan for the Construction of Hydropower Consumption Industry Demonstration Zones in Sichuan Province", which determined that pilot projects for hydropower consumption industry demonstration zones would be carried out in six cities and prefectures, including Ganzi, Panzhihua, Ya'an, Leshan, Liangshan and Aba.

Natural disasters such as floods and mudslides are common in mining sites. Last year, Sichuan experienced a flood after a lack of water supply, which caused damage to some mining sites. However, according to relevant information, this year's flood disaster will be even more severe.

According to a report by Caixin.com on June 9, the flood disaster in the south had affected 11 provinces, including Guangxi, Guizhou, Guangdong, Jiangxi, Hunan, Fujian, etc. At that time, 2.62 million people had become disaster victims, 1,300 houses had collapsed, 145.9 hectares of crops had been affected, and the direct economic losses amounted to 4.04 billion yuan.

The flood season came earlier this year. As early as March 28, heavy rainfall of more than 50 mm occurred in six provinces including Zhejiang, Fujian, Jiangxi and Hunan. In terms of the current comprehensive destructive power, this year's floods have exceeded those of the past few years. Compared with the most serious floods in the middle and lower reaches of the Yangtze River in previous years, this time the floods first appeared in Sichuan and Huguang areas.

For investors, electricity prices are indeed cheaper during the flood season, but they will face unstable factors such as natural disasters and strict government inspections of direct power supply, which may even lead to a loss of all their money. They should be mentally prepared before investing. For mine owners, they need to focus more on flood prevention than in previous years, make good use of insurance business, and avoid risks as much as possible.