CQGAS(SH:600917) Sou Hu Cai Jing·2025-11-04 05:44Core Viewpoint - Chongqing Gas Group Co., Ltd. announced a leadership change with the resignation of Chairman Li Jinlu and the nomination of Huang Yongsheng as the new chairman, which is expected to be approved at a shareholder meeting on November 19, 2025 [2] Company Overview - Chongqing Gas was established on April 24, 1995, with a registered capital of 1.561 billion RMB and is primarily engaged in pipeline gas supply and related services in Chongqing [2] - The company has 48 subsidiaries, including Chongqing Wuxi Gas Co., Ltd. and Chongqing Liangjiang New Area Gas Co., Ltd. [2] Financial Performance - The company's revenue for 2022, 2023, 2024, and the first three quarters of 2025 was 8.739 billion, 10.205 billion, 10.162 billion, and 7.384 billion RMB, reflecting year-on-year growth of 11.90%, 16.80%, -0.96%, and 2.97% respectively [3] - The net profit attributable to shareholders for the same periods was 402 million, 499 million, 383 million, and 140 million RMB, with year-on-year changes of -11.97%, 24.75%, -23.23%, and -47.14% respectively [3] - The company's debt-to-asset ratio has shown a decreasing trend, recorded at 47.58%, 44.10%, 43.88%, and 42.97% over the same periods [3]