SHANGHAI FUDAN (01385) rose close to 3%, with a gain of 1.72% to HK$50.8 at the time of writing, registering a turnover of HK$220 million. The company recently issued an announcement indicating that, based on a preliminary review and analysis of the Group's unaudited management accounts for the full year ending December 31, 2025, it expects operating revenue to be approximately RMB 3.93 billion to RMB 4.03 billion. This represents an increase of RMB 340 million to RMB 440 million compared to the same period last year, which was approximately RMB 3.59 billion, translating to a year-on-year increase of about 9.46% to 12.25%. Net profit attributable to owners of the parent company is projected to be approximately RMB 190 million to RMB 283 million, a decrease of RMB 383 million to RMB 290 million from the prior year's figure of about RMB 573 million, equating to a year-on-year decline of roughly 66.82% to 50.58%. Furthermore, net profit attributable to owners of the parent company after deducting non-recurring gains and losses is anticipated to be around RMB 125 million to RMB 185 million, a reduction of RMB 339 million to RMB 279 million compared to the previous year's approximately RMB 464 million, signifying a year-on-year decrease of about 73.07% to 60.14%.