HK Stock Market Move | Fuyao Glass Industry Group (03606) rebounds more than 3% in the third quarter with a steady increase in performance. The new management team has started to take over.

Fuyao Glass Industry Group (03606) rebounded by more than 3%, after falling nearly 6% in the previous trading day. As of press time, it rose by 3.48%, to HK$69.85, with a turnover of HK$160 million. In terms of news, Fuyao Glass Industry Group recently announced its performance for the third quarter of 2025, with operating income of approximately RMB 11.855 billion, a year-on-year increase of 18.86%; the net profit attributable to shareholders of the listed company was approximately RMB 2.259 billion, a year-on-year increase of 14.09%. In addition, in order to promote the strategic optimization of the company's structure and sustainable development needs, Cao Dewang resigned as the chairman of the company, and Cao Hui took over as the chairman of the company and legal representative. CMSC Hong Kong pointed out that the company's performance in the third quarter showed steady growth, in line with expectations, with short-term disruptive factors not changing the long-term trend; automotive glass ASP has long-term potential for doubling growth, aluminum decoration strips have opened up new growth points, and the U.S. factory is improving; the new management team is beginning to take over, and the strategy is expected to remain stable.