"In the past two months, most of the hot pot industry has been losing money." This was stated by He Yongzhi, President of the Chongqing Hot Pot Association, to reporters just before the opening of the Private Economy Forum. Li Dejian, Vice President of the Chongqing Hot Pot Association attending the Private Economy Forum, told reporters that the hot pot industry has come to a crossroads. Major Chongqing hot pot companies such as Qin Mama, Tsinghua, Jiafu, Su Dama, Qi Hot Pot, and Ba Jiangjun also expressed that due to various reasons, their performances have significantly declined. The Chongqing hot pot industry has reached a critical moment where it must break through. Profits have dropped by forty percent, affecting many citizens.