智通财经网·2025-08-12 12:03Core Viewpoint - Fudan Zhangjiang (688505.SH) reported a significant decline in both revenue and net profit for the first half of 2025, primarily due to increased R&D expenses and the absence of compensation income from a terminated partnership with Shanghai Huizheng [1] Financial Performance - The company achieved revenue of 390 million yuan, a year-on-year decrease of 4.42% [1] - Net profit attributable to shareholders was 5.72 million yuan, reflecting a year-on-year decline of 91.89% [1] - The company reported a non-recurring net profit loss of 9.49 million yuan, indicating a shift from profit to loss compared to the previous year [1] - Basic earnings per share were 0.01 yuan [1] R&D and Operational Changes - The decline in key financial metrics was significantly influenced by an increase in R&D expenses compared to the same period last year [1] - The previous year's financials included compensation and penalties from the termination of the partnership with the promotional service provider for the product Li Baoduo®, which did not recur in the current reporting period [1]