At present, even if the loss of the second-generation ID card is reported, the electronic chip in it can still be recognized and the information can still be used. Unlike bank cards, ID cards don't have password function, so you can't stop using the card by changing the password, you can't cancel it, you can only reissue it.
The chip in the second-generation ID card must be kept well, because once the chip is damaged, it must be reissued. Do not place it near places or objects with strong magnetic field (such as TV, mobile phone, stereo, etc.) to prevent the chip from failing.