Financial Performance - The company's operating revenue for Q1 2025 was CNY 275,117.89 million, representing a year-on-year increase of 1.79% compared to CNY 270,281.71 million in the same period last year[4]. - The net profit attributable to shareholders of the listed company was a loss of CNY 5,408.75 million, a decrease of 5.14% from a loss of CNY 5,144.32 million in the previous year[4]. - Total operating revenue for Q1 2025 was CNY 2,751,178,910.99, an increase from CNY 2,702,817,109.29 in Q1 2024, representing a growth of approximately 1.79%[18]. - Total operating costs for Q1 2025 were CNY 2,811,723,271.30, compared to CNY 2,768,981,567.08 in Q1 2024, reflecting an increase of about 1.55%[18]. - Operating profit for Q1 2025 was CNY -28,859,941.49, an improvement from CNY -41,493,348.50 in Q1 2024, indicating a reduction in losses[18]. - Total profit for Q1 2025 was CNY -31,127,138.79, compared to CNY -37,063,114.63 in Q1 2024, showing a decrease in losses by approximately 16.4%[18]. - The net profit attributable to the parent company shareholders for Q1 2025 was -54,087,531.85 RMB, compared to -51,443,242.45 RMB in Q1 2024, indicating a decline of approximately 5.1% year-over-year[19]. - The total comprehensive income attributable to the parent company for Q1 2025 was -54,087,531.85 RMB, reflecting a decrease from -51,443,242.45 RMB in the same period last year[19]. - The weighted average return on net assets was -0.95%, slightly improving from -0.96% in the previous year[4]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to CNY 993.36 million, compared to a negative cash flow of CNY 10,192.80 million in the same period last year, marking a 109.75% increase[4]. - Operating cash flow for Q1 2025 was 9,933,570.43 RMB, a significant improvement from -101,927,988.12 RMB in Q1 2024[22]. - Cash inflow from operating activities totaled 3,205,637,997.86 RMB in Q1 2025, compared to 3,058,021,079.16 RMB in Q1 2024, representing an increase of approximately 4.8%[22]. - Cash outflow from operating activities was 3,195,704,427.43 RMB in Q1 2025, slightly higher than 3,159,949,067.28 RMB in Q1 2024[22]. - The net cash flow from investing activities for Q1 2025 was -246,129,962.98 RMB, a decrease from 13,923,734.32 RMB in Q1 2024[23]. - The company received 60,000,000.00 RMB from investment activities in Q1 2025, compared to 300,000,000.00 RMB in Q1 2024[23]. - The company paid 51,335,259.44 RMB in debt repayments during Q1 2025, compared to 3,804,688.89 RMB in Q1 2024[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,085,228.98 million, reflecting a decrease of 2.01% from CNY 1,107,514.10 million at the end of the previous year[5]. - Cash and cash equivalents decreased to CNY 793,368,997.28 as of March 31, 2025, down from CNY 1,054,391,978.77 as of December 31, 2024, a decline of about 25%[13]. - Accounts receivable decreased to CNY 707,808,765.42 as of March 31, 2025, from CNY 787,927,871.46 as of December 31, 2024, a decrease of approximately 10.16%[13]. - Total current assets amounted to CNY 2,453,277,350.98 as of March 31, 2025, down from CNY 2,790,943,440.09 as of December 31, 2024, a decline of about 12.06%[13]. - Non-current assets increased to CNY 8,399,012,423.91 as of March 31, 2025, compared to CNY 8,284,197,560.35 as of December 31, 2024, an increase of approximately 1.39%[14]. - Total liabilities decreased to CNY 4,618,436,184.01 as of March 31, 2025, from CNY 4,859,355,320.55 as of December 31, 2024, a reduction of about 4.96%[15]. - Total equity increased slightly to CNY 6,233,853,590.88 as of March 31, 2025, compared to CNY 6,215,785,679.89 as of December 31, 2024, an increase of approximately 0.29%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,401[9]. - The top shareholder, China Resources Gas (China) Investment Co., Ltd., holds 350,000,000 shares, accounting for 22.27% of the total shares[9]. Financial Expenses - The company reported a significant increase in financial expenses by 510.39%, primarily due to foreign exchange losses on loans[6]. - The company experienced a 70.00% increase in trading financial assets due to increased investments in structured deposits[6].

■■■■■■■■■■■■■ | ■■■■■ | 2024■■■ | 2023■■■ | ■■■■■■■(%) | 2022■■■ | | --- | --- | --- | --- | --- | | ■■■■■■■■■ | 0.2500 | 0.3200 | -21.88 | 0.2500 | | ■■■■■■■■ | 0 | 3.43 | -100 | 3.15 | | ■■■■■(■) | 0.67 | 0.68 | -1.47 | 0.68 | | ■■■■■■■(■) | 1.60 | 1.47 | 8.84 | 1.24 | | ■■■■■■■(■) | - | - | - | - | | ■■■■(■■) | 101.62 | 102.61 | -0.96 | 87.36 | | ■■■(■■) | 3.83 | 4.99 | -23.25 | 4 | | ■■■■■■(%) | 6.96 | 9.57 | -27.27 | 8.28 | ■■■■■■■■■■■■■■■>> ■■■10■■■■■■■■■■■■ ■■■■■■■■■■■■ 115684.98■■■■■■■■■■■ 74.09%■■■ ...

金十数据4月23日讯，重庆燃气公告，2025年第一季度营业收入27.51亿元，同比增长1.79%。净亏损 5408.75万元，去年同期净亏损5144.32万元。 重庆燃气：2025年第一季度净亏损5408.75万元 ...

Core Viewpoint - Recent regulatory actions across multiple regions in China aim to address issues related to inaccurate metering and irregular charging for water, electricity, and gas services, reflecting a strong response to public concerns and a commitment to consumer rights [1][2]. Group 1: Regulatory Actions - Market regulatory departments have initiated corrective actions in response to public complaints about metering inaccuracies and charging irregularities for essential utilities [1]. - The Chongqing Gas Group faced scrutiny for overcharging gas fees, leading to a fine of 8.1 million yuan due to ongoing issues with meter reading and billing practices [1]. Group 2: Consumer Engagement - The initiative to publicly solicit feedback from citizens is seen as a proactive measure to identify and address potential issues in utility billing, enhancing consumer trust and engagement [2]. - Establishing clear channels for complaints allows consumers to voice concerns, which aids regulatory bodies in pinpointing areas needing investigation [2]. Group 3: Long-term Solutions - There is a call for the establishment of a long-term regulatory framework to ensure ongoing oversight of utility metering and billing practices, rather than reactive measures following incidents [2]. - The regulatory body plans to strengthen oversight across the entire supply chain of utility meters, from production to installation and usage, to combat illegal practices [2]. Group 4: Market Structure and Reform - The water, electricity, and gas sectors are characterized by natural monopolies, necessitating ongoing reforms to balance monopolistic and competitive elements [3]. - Experts emphasize the importance of managing monopolistic segments effectively while promoting competition in areas where it is feasible, to enhance service quality and reduce costs for consumers [3].

重庆燃气集团股份有限公司 关于股权激励限制性股票回购注销实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： | 回购股份数量 | 注销股份数量 | 注销日期 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 10,300,240 | 10,300,240 | 2025 | 年 | 4 | 月 | 16 | 日 | 一、本次限制性股票回购注销的决策与信息披露 重庆燃气集团股份有限公司（以下简称"重庆燃气"或"公司"）于 2025 年 1 月 8 日召开第四届董事会第二十三次会议和第四届监事会第二十六次（临时）会议，2025 年 1 月 24 日召开 2025 年第一次临时股东大会，分别审议通过了《关于回购注销 2020 年限制性股票激励计划限制性股票的议案》等议案，具体内容详见上海证券交易所网站 （www.sse.com.cn）及指定信息披露媒体刊登的《重庆燃气集团股份有限公司关于回购 注销公司限制性股票的公告》（公告编号： ...

上海锦天城(福州)律师事务所 关于重庆燃气集团股份有限公司 2020 年限制性股票激励计划之限制性股票 回购注销实施情况的 地址:中国福州市台江区望龙二路１号国际金融中心（IFC）37 层 电话:0591-87850803 传真:0591-87816904 邮编：350005 上海锦天城(福州)律师事务所 法律意见书 上海锦天城(福州)律师事务所 关于重庆燃气集团股份有限公司 2020 年限制性股票激励计划之限制性股票 回购注销实施情况的 法律意见书 法律意见书 锦 天 域 律师事务 所 ALLBRIGHT LAW OFFICES 17F20200314-7 致:重庆燃气集团股份有限公司 根据重庆燃气集团股份有限公司(以下简称"公司")与上海锦天城(福州) 律师事务所(以下简称"本所")签订的《证券法律业务委托协议书》,本所接受 公司的委托,指派张明锋、林钰莹律师(以下简称"本所律师")担任公司实施 2020 年限制性股票激励计划(以下简称"股权激励计划"或"激励计划")的专 项法律顾问。根据《中华人民共和国证券法》(以下简称"《证券法》")、《中华人 民共和国公司法》(以下简称"《公司法》")、《上市公司股 ...

Core Viewpoint - The Chongqing Gas Group has been found to have serious issues regarding gas billing practices, leading to a proposed fine of 8.1 million yuan due to violations of consumer rights and inadequate rectification measures [1][3]. Group 1: Issues Identified - The company has not effectively addressed the irregularities in meter reading cycles, with 7.54% of cycles being either less than 25 days or exceeding 90 days from May 2024 to January 2025, causing inconsistent billing for consumers [2]. - There are frequent occurrences of unauthorized estimations and incorrect readings, with 227,200 households having their gas usage estimated as zero for the first two months of 2025, leading to unexpected billing amounts [2]. - The workforce for meter reading remains insufficient, with an average of over 4,500 households assigned to each meter reader monthly, despite an increase of 607 meter readers since April 2024 [2]. Group 2: Regulatory Actions - The Chongqing Market Supervision Administration plans to impose a fine of 8.1 million yuan on the Chongqing Gas Group for failing to rectify issues and violating consumer protection laws [3]. - A special task force will be established to oversee a three-month rectification process within the company, ensuring compliance and accountability for responsible personnel [3]. - Continuous efforts will be made by regulatory bodies to enhance oversight and address systemic issues within the gas sector [3].

Group 1 - The Chongqing Municipal Market Supervision Administration reported on February 14 regarding the gas charging issues of Chongqing Gas Group Co., Ltd, indicating that since the investigation in April 2024, the company has not adequately implemented corrective measures [1] - The company continues to face issues such as chaotic meter reading cycles, illegal estimations, incorrect readings, and insufficient staffing for meter reading [1] - On February 16, Chongqing Gas Group Co., Ltd announced that a supervisory team has been dispatched by higher authorities to oversee the rectification process [1] Group 2 - The company stated that there will be serious accountability measures taken against relevant responsible individuals and departments [2]

特此公告。 1 重庆燃气集团股份有限公司 关于燃气收费问题调查及整改情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别 及连带责任。 2 月 14 日，重庆市市场监督管理局对重庆燃气集团股份有限公司（以 下简称"公司"）燃气收费问题调查情况进行了通报，对此，公司诚恳接 受调查处理意见，深刻反思，并向广大用户致以深深的歉意！ 针对通报的问题，上级单位高度重视，已派驻整改督导专班。公司将 认真汲取教训，坚持以用户为中心，立即整改，举一反三，进一步优化抄 表流程，充实服务力量，完善抄收管理；进一步加快智能化升级，提高抄 表精准度；实施网格化服务，加强与用户的沟通，持续提升服务质量和水 平；尽快全面完成整改工作，切实维护广大用户的权益。同时，对相关责 任人和责任部门进行严肃追责问责。 欢迎社会各界继续对我们工作进行监督，并提出宝贵意见。 公司郑重提醒广大投资者：《证券时报》《上海证券报》和上海证券交 易所网(www.sse.com.cn)为公司选定的信息披露报刊和网站，公司发布 的信息以在上述指定报刊和网站刊登的公告为准。敬请广大投 ...

Core Viewpoint - The Chongqing Gas Group has been found to have serious issues with gas billing practices, leading to a proposed fine of 8.1 million yuan due to inadequate rectification efforts following previous violations [1][5][6] Summary by Relevant Sections Investigation Findings - Since January 2025, citizens have reported abnormal gas billing by Chongqing Gas Group, prompting an investigation by the Chongqing Market Supervision Administration and the Economic Information Commission [1] - The investigation revealed that the company failed to learn from past mistakes and did not implement effective corrective measures, resulting in ongoing issues such as chaotic meter reading cycles and improper billing practices [1][5] Specific Issues Identified - **Meter Reading Cycle Issues**: From May 2024 to January 2025, the company had irregular meter reading cycles, with 7.54% of cycles being less than 25 days or exceeding 90 days, leading to fluctuating gas bills for users [1] - **Improper Estimation Practices**: - "Zero estimation" was noted, where 227,200 households had their gas usage estimated as zero for two months, resulting in a sudden three-month bill that confused users [2] - "High estimation" practices were also identified, affecting 31,100 instances, with an overestimation of 711,100 cubic meters and a pre-collection amount of approximately 1.56 million yuan [2][3] - **Incorrect Meter Readings**: Errors in meter readings led to incorrect billing for 1,739 households, involving 126,700 cubic meters and an amount of 278,200 yuan [3] Operational Challenges - The company increased its meter readers by 607 since April 2024, but the workforce remains insufficient, with each reader averaging over 4,500 households per month, leading to quality issues in meter reading [4] - The preparation for adjusting billing cycles was inadequate, resulting in 11,200 users receiving two bills in January 2025, causing confusion and complaints [5] Regulatory Actions - The Chongqing Market Supervision Administration plans to impose a total fine of 8.1 million yuan on Chongqing Gas Group for its violations of consumer rights [5][6] - A special task force will be established to oversee the company's rectification efforts over the next three months [6]