GUANGSHEN RAIL (00525) saw its shares rise more than 4% after reporting its quarterly results. At the time of writing, the stock was up 3.40%, trading at HK$2.43, with a turnover of HK$9.9891 million.

On April 29, GUANGSHEN RAIL released its first-quarter report for 2026. The company reported operating revenue of RMB 7.391 billion, an increase of 7.18% year-on-year. Net profit attributable to shareholders of the listed company was RMB 580 million, up 23.8% compared to the same period last year. Basic earnings per share were RMB 0.082.

On the same day, GUANGSHEN RAIL issued an announcement stating that its board of directors had held its 21st meeting of the tenth term. The board reviewed and passed a proposal regarding a plan to repurchase the company's A-shares through centralized bidding and to submit the plan to the shareholders' meeting for approval. All repurchased shares will be canceled, leading to a reduction in the company's registered capital. Based on a maximum repurchase amount of RMB 100 million and a maximum repurchase price of RMB 4.62 per share, the estimated number of shares to be repurchased is approximately 21.645 million, accounting for about 0.31% of the company's total share capital.