Shanghai Fudan Microelectronics Group Company (1385) investor relations material

Executive summary

• 9M 2026 revenue rose 17.84% YoY to RMB3,564m; net profit attributable to parent shareholders increased 221.08% to RMB1,060m.

• Growth reflected stronger demand, product iteration and mix optimization; gross margin improved across product lines.

Financial highlights

• Q3 revenue was RMB1,338m, up 12.90% YoY; net profit attributable to parent shareholders was RMB211m, up 54.63%.

• 9M adjusted net profit attributable to parent shareholders, excluding non-recurring items, rose 153.83% to RMB769m; Q3 adjusted net profit rose 196.02% to RMB357m.

• 9M operating profit was RMB1,088m and total profit RMB1,086m; total profit increased 254.05% YoY.

• Operating cash flow reached RMB795m in 9M, up 89.80% YoY, mainly due to higher cash received from product sales.

Segment performance

• 9M revenue by product line: security and identification IC chips RMB726m; non-volatile memory RMB1,092m; smart meter chips RMB430m.

• 9M FPGA and other products generated RMB1,196m; IC testing services contributed RMB120m after consolidation eliminations.

• Q3 product-line revenue: security and identification IC chips RMB254m; non-volatile memory RMB471m; smart meter chips RMB155m.

• Q3 FPGA and other products generated RMB408m; IC testing services contributed RMB50m after consolidation eliminations.