On 27 April 2026, Zhejiang Expressway Co., Ltd. disclosed key first-quarter 2026 financial figures for its Shanghai-listed subsidiary, Zheshang Securities Co., Ltd.

Zheshang Securities generated operating income of RMB 2.36 billion for the period from January to March 2026, marking a year-on-year increase of 40.82%. Net profit attributable to shareholders reached RMB 0.75 billion, up 35.20% from the same period a year earlier. Excluding non-recurring items, net profit was RMB 0.75 billion, representing a 35.89% rise.

Profitability metrics improved: the weighted average return on net assets (ROE) climbed to 2.02%, a 0.45-percentage-point uptick, while basic and diluted earnings per share both advanced to RMB 0.17, reflecting growth of 41.67%.

Balance-sheet expansion continued. Total assets stood at RMB 248.02 billion as of 31 March 2026, an increase of 10.32% versus year-end 2025. Owners’ equity attributable to shareholders rose 2.47% to RMB 37.70 billion.

Operating cash generation was robust, with net cash flow from operating activities amounting to RMB 6.77 billion during the quarter.

The complete first-quarter report of Zheshang Securities is available on the Shanghai Stock Exchange website.