Shares of Anhui Expressway (00995.HK) surged 5.36% in intraday trading, as investors reacted positively to the company's robust third-quarter performance and recent strategic moves. The stock's impressive rally comes on the heels of encouraging financial results and a significant acquisition announcement.
Anhui Expressway reported a notable 8.19% year-on-year increase in net profit attributable to shareholders for the third quarter of 2025, reaching RMB517 million. This growth was achieved despite a slight 2.07% dip in revenue to RMB5.3855 billion for the first nine months of the year. The company's core operations showed remarkable resilience, with traffic volumes on key road sections remaining strong. Notably, the expanded lanes of Xuanguang Expressway witnessed an extraordinary 321.35% year-on-year surge in traffic and a 381.22% jump in toll revenue.
Adding to the positive sentiment, Anhui Expressway recently announced a strategic RMB3.019 billion cash deal to acquire a 7% stake in Shandong Expressway Group via private transfer. Huatai Securities highlighted that this move aims to expand effective investments and strengthen core operations. The acquisition is expected to deepen strategic ties between the two companies, with Anhui Expressway gaining a board seat and benefiting from equity accounting, potentially enhancing its financial performance and operational synergies. This strategic expansion, coupled with the company's solid financial results, has clearly resonated with investors, driving the stock's significant upward movement in today's trading session.