Group 1 - The Chongqing Municipal Commission for Discipline Inspection and Supervision reported on typical issues of formalism and reducing burdens for grassroots, stating that the former Chongqing Cultural Investment Group deviated from its main responsibilities and made blind decisions, resulting in significant economic losses [1] - The former Chongqing Cultural Investment Group's investment risk assessment was inadequate, leading to blind investments in non-core businesses, such as real estate projects related to health and tourism in scenic areas, which were disconnected from reality and involved excessive debt to create consumer circles and vacation properties [1] - Poor management practices resulted in losses exceeding 100 million yuan for the former Chongqing Cultural Investment Group [1]