Is it legal for AFL Group to only participate in industrial injury insurance? Is there any risk?

Illegal, the labor law stipulates that employers and workers must participate in social security, which includes: basic old-age insurance, basic medical insurance, work injury insurance, unemployment insurance, maternity insurance and so on.

Not participating in social security is risky, resulting in workers not receiving social security benefits when needed.

According to labor law

Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.