A new cave‐dwelling fish species Triplophysa guizhouensis is described based on specimens collected from Guizhou, China, in a subterranean system interconnected with the Hongshui River drainage. The species can be distinguished from its congeners by a combination of characters: eyes present; caudal fin with 14 branched rays; inner gill rakers of first gill arch 8–10; posterior chamber of air bladder developed; and body posterior of dorsal fin scaled. A key to species of Triplophysa in the Pearl River basin is provided.