Core Viewpoint - The resignation of Li Jinlu as chairman of Chongqing Gas is linked to the company's inadequate response to the gas meter issues, leading to regulatory scrutiny and proposed penalties [2][10]. Management Changes - Li Jinlu served as chairman for only 17 months and was seen as a "firefighter" during the gas meter controversy [2][5]. - Following the gas meter issues, the board of directors has appointed Huang Yongsheng as the new chairman [4][10]. Regulatory Issues - The Chongqing Municipal Market Supervision Administration plans to impose a fine of 8.1 million yuan on Chongqing Gas due to its failure to effectively address the gas billing problems [2][11]. - The company has been criticized for not implementing thorough reforms and for the lack of sufficient meter readers, which has contributed to ongoing issues [2][12]. Employee Changes - In 2024, the total number of employees at Chongqing Gas decreased by approximately 4%, while management personnel increased by about 26% [11][12]. - The number of skilled workers and laborers decreased by 10% and 7.3%, respectively, despite the addition of 607 meter readers [12]. Financial Performance - In 2023, Chongqing Gas reported revenue of 10.205 billion yuan, a year-on-year increase of 16.8%, and a net profit of 499 million yuan, up 24.75% [11]. - However, in 2024, revenue slightly declined to 10.162 billion yuan, a decrease of 0.96%, and net profit fell to 383 million yuan, down 23.23% [11]. - For the first three quarters of 2025, revenue was 7.384 billion yuan, a 2.97% increase, but net profit dropped significantly by 47.14% to 140 million yuan [11].