Chongqing Water Group reports strong Q3 growth, strategic asset moves

Chongqing Water Group Co. announced a 7.21% increase in operating revenue for the first nine months of 2025, reaching 5.57 bn yuan, with net profit attributable to shareholders rising 7.10% to 779.44 m yuan. The company also reported a 26.55% increase in net cash flow from operating activities, totaling 1.6 bn yuan.

The report highlights key strategic developments, including the acquisition of 100% equity in Chongqing Yuqiang Water Affairs Co. for 354.48 m yuan. Additionally, Chongqing Water Group plans to transfer the net assets of the Tuzhu Wastewater Treatment Plant Upgrade Project, valued at 21.1 m yuan, to its operating unit. This project, completed in March 2023, includes new pumping stations and high-density sedimentation tanks, with a book value of 23.58 m yuan.

Furthermore, the company will divest its 5.1521% stake in Ancheng Property Insurance Co. through a public listing at the Chongqing United Assets and Equity Exchange, with an initial price of 36.36 m yuan. These actions underscore Chongqing Water Group's focus on enhancing core business and optimizing asset portfolios.