SHANGHAI FUDAN (01385) announced its performance for the first half of the year, with net profit attributable to shareholders of approximately 849 million yuan, a year-on-year increase of 338.58%.

SHANGHAI FUDAN (01385) announced its performance for the first half of 2026, with operating revenue of approximately 2.225 billion yuan, a year-on-year increase of 21.03%; net profit attributable to company shareholders of approximately 849 million yuan, a year-on-year increase of 338.58%; net profit attributable to the parent company's shareholders, excluding non-recurring gains and losses, of approximately 412 million yuan, an increase of approximately 125.88% year-on-year; basic earnings per share of 1.03 yuan. During the reporting period, the rebound in industry prosperity and the favorable impact of increased downstream customer demand contributed to growth in both revenue and gross profit across the company's integrated circuit design product lines, with gross profit increasing by about 224 million yuan compared to the same period last year. The fair value changes recognized from the shares obtained through strategic placement enhanced net profit by approximately 420 million yuan. Due to a high base for inventory write-down losses in the same period last year, there were no new significant impairment losses this period, resulting in a decrease of approximately 128 million yuan in inventory write-down losses compared to the same period last year. The company adheres to technological innovation and product iteration upgrades, with new products and supporting solutions such as FPGA series products, safety and identification series products, and automotive-grade MCUs being rolled out and contributing to revenue. Coupled with strong demand for non-volatile storage, both volume and price have increased, jointly driving revenue growth for the company. At the same time, product structure optimization has further enhanced overall operational efficiency. During the reporting period, the net cash flow generated from operating activities was approximately 770 million yuan, an increase of about 315.09% compared to the same period last year, primarily due to an increase in cash received from sales of goods leading to higher cash inflows from operating activities.