安徽江淮汽车股价今日为何大涨？

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Why is Anhui Jianghuai Automobile stock surging today?

EditorAmbar Warrick

Stock Markets

EditorAmbar Warrick

Published Oct 13, 2026, 12:58 AM

Why is Anhui Jianghuai Automobile stock surging today?

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Why is Anhui Jianghuai Automobile stock surging today?

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Image 3: © Reuters.

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600418+6.67%

Investing.com -- Anhui Jianghuai Automobile Group Corp Ltd stock surged 8.6% to 23.94 yuan on Tuesday after the company’s Maextro (Zunjie) brand helped clear an ongoing, viral controversy around the safety of a new car model.

Maextro released results from an independent, nationally accredited third-party inspection of the V800 MPV’s brake pedal bracket — the component at the center of said controversy-- which confirmed the part meets and exceeds the relevant Chinese industry standard, including surviving a stress load more than double the required threshold without any cracking or damage, directly countering the alarming footage that had circulated on Chinese social media since October 8.

The relief rally comes after one of the sharpest multi-day selloffs in JAC’s recent history. The brake pedal controversy — triggered when a widely watched automotive media outlet published emergency braking test footage showing bracket failures on three brand-new V800 units — sent the stock to the daily limit-down on October 8 and again on October 9, erasing more than 12 billion yuan in market capitalization over just three trading sessions.

The company had also confirmed that a bracket upgrade program for existing owners would be rolled out beginning in November, signaling a concrete remediation path.

The rebound is a purely company-specific move. China’s broader equity market provided no tailwind: the Shanghai Composite Index slipped on the day, and the CSI 300 also traded in negative territory, meaning JAC’s gain stood in stark contrast to the general market direction. The weak fundamental backdrop — September sales fell 18.7% year-over-year to 27,201 units, and cumulative sales for the first nine months of 2026 were down 9.4% — remained unchanged, but was secondary to the safety narrative resolution.

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