Ankai Automobile reports Q3 revenue growth despite net profit decline

Anhui Ankai Automobile (SZSE:000868) announced its unaudited third-quarter 2025 financial report, detailing significant revenue growth. For the first nine months of 2025, the company reported a total operating income of 2,445,974,904.30 yuan, a 44.37% increase year-on-year. Despite this, net profit attributable to shareholders declined by 61.56% to -8,657,978.80 yuan, and net cash flow from operating activities was -34,433,072.54 yuan, up 83.47%. Total assets grew by 17.55% to 4,252,962,268.31 yuan compared to the end of last year.

The company also held its first extraordinary general meeting of 2025 on October 24, 2025, with 50.2089% of voting shares represented. Key resolutions passed included the removal of the supervisory board and amendments to the company's articles of association, shareholder meeting rules, and board of directors' meeting rules. Other approved proposals involved revisions to the independent director work system, capital raising management system, and related transaction management system, as well as the appointment of new non-independent directors and the reappointment of the accounting firm.

These operational and governance changes reflect a dynamic period for Anhui Ankai Automobile as it navigates growth and implements structural adjustments.