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The magnetic stripe of Shanghai social security card is broken. Can I change my card anywhere?

You can shop outside and swipe your card.

The magnetic stripe of the magnetic stripe chip composite card is broken, so you can't withdraw money from ATM or ATM.

They read cards in different ways. But if the chip is broken, the magnetic stripe may not be intact.

A magnetic stripe is a thin layer of material (also called pigment) composed of aligned iron oxide particles. Closely bonded together with resin adhesive, and bonded to non-magnetic base media such as paper or plastic.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.