Shanghai Zhangjiang Hi-Tech Park Development (600895) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached RMB 1.85 billion, up 8.61% year-over-year, while net profit attributable to shareholders was RMB 329.41 million, down 10.76% year-over-year.

• The company maintained a AAA credit rating and continued its strategic transformation toward a technology investment holding group.

• Cash dividend of RMB 0.64 per 10 shares was proposed, totaling RMB 99,116,131.20 and representing 30.09% of H1 net profit.

Financial highlights

• Operating income: RMB 1.85 billion (+8.61% YoY); net profit attributable to shareholders: RMB 329.41 million (-10.76% YoY).

• Total assets at period end: RMB 61.86 billion (-1.97% from year-end 2025); net assets: RMB 17.11 billion (+6.95% YoY).

• Operating cash flow: -RMB 1.12 billion (down 20.13% YoY).

• Total profit: RMB 375.72 million, down 20.82% year-over-year.

• Net profit excluding non-recurring items: RMB 325.58 million, down 11.27% year-over-year.

Outlook and guidance

• Focus remains on integrated circuit industry clusters, technology investment, and park operations.

• Continued emphasis on high-quality development, asset efficiency, and capital structure optimization.

• Strategic plan targets transformation into a leading technology investment holding group.

• Interim dividend plan approved and authorized by the 2025 annual shareholders' meeting.