FUDANZHANGJIANG (01349) announced its financial results for the first quarter of 2026. The company reported operating revenue of approximately 149 million yuan, representing a decrease of 17.15% compared to the same period last year. However, net profit attributable to shareholders was about 7.71 million yuan, a significant increase of 189.36% year-on-year. Basic earnings per share for the quarter were 0.01 yuan. According to the announcement, the substantial growth in net profit was primarily due to an increase in government subsidies recognized in the profit and loss statement for the reporting period compared to the previous year.