ANHUI EXPRESSWAY (00995) surged over 4%, reaching HK$12.85 with a turnover of HK$25.48 million. The company reported revenue of RMB5.3855 billion for the first three quarters of 2025, down 2.07% year-on-year, while net profit rose 5.43% to RMB1.477 billion. In Q3 alone, net profit attributable to shareholders grew 8.19% to RMB517 million.

Traffic volume on core road sections remained robust, with Xuanguang Expressway’s expanded lanes seeing a 321.35% YoY surge in traffic and a 381.22% jump in toll revenue.

Huatai Securities noted that after acquiring Fuzhou and Sixu Expressways in H1, the company announced another major investment in October—a RMB3.019 billion cash deal to acquire a 7% stake in Shandong Expressway Group via private transfer. This acquisition aims to expand effective investments and strengthen core operations. Post-transaction, ANHUI EXPRESSWAY will deepen strategic ties with Shandong Expressway, gaining a board seat and equity accounting to enhance financial performance and operational synergies.