SHA:688385

2 stories mentioning SHA:688385Updated just now

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Fudan Microelectronics Says Share Transfer Plan Further Extended to October

Shanghai Fudan Microelectronics (HKG:1385, SHA:688385) said the deadline for the plan that would change the company's control is further extended to Oct. 31, according to a Hong Kong filing on Saturday.The integrated circuit maker's Hong Kong shares climbed 7%, while Shanghai shares jumped 6% at the close of Monday's trade.In November 2025, Shanghai Fudan Fangao IC Technology signed an agreement that would see the transfer of around 13% of the company to Shanghai Guosheng Group Investment. The consideration for the transfer was reduced to 2.05 billion yuan from 5.14 billion yuan in May.The deadline for the share transfer was previously set on June 30, Tuesday.

HKG:1385SHA:688385

Asia60d ago

Shanghai Fudan Microelectronics Logs 9% Higher Profit in Q1 2026

Shanghai Fudan Microelectronics (HKG:1385, SHA:688385) booked 148.3 million yuan in attributable profit for the first quarter of 2026, up 9% from 136.2 million yuan a year earlier, according to a Hong Kong bourse filing Wednesday.The integrated circuits maker's Hong Kong shares fell nearly 8% in afternoon trade Thursday.Earnings per share were 0.18 yuan, compared with 0.17 yuan in the prior year period.Revenue rose 16% year on year to 1.03 billion yuan, figures showed.

HKG:1385SHA:688385

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