上交所：上半年408家沪市公司宣告中期分红，现金分红总额达5552亿元

Core Insights - In the first half of 2025, companies listed on the Shanghai Stock Exchange achieved a total operating revenue of 24.68 trillion yuan, reflecting a slight year-on-year decrease of 1.3% [1] - The net profit for these companies reached 2.39 trillion yuan, marking a year-on-year increase of 1.1% [1] - After excluding non-recurring items, the net profit stood at 2.29 trillion yuan, with a year-on-year growth of 0.7% [1] - The second quarter showed positive momentum, with operating revenue and net profit increasing by 6.1% and 0.1% quarter-on-quarter, respectively [1] Dividend Distribution - A total of 408 companies on the Shanghai Stock Exchange declared mid-year dividends, with the total cash dividend amounting to 555.2 billion yuan, which represents a year-on-year increase of 12% and 5% [1] - Fourteen companies distributed dividends exceeding 10 billion yuan [1] R&D Investment - The total R&D investment by real economy enterprises reached 432.6 billion yuan, showing a year-on-year growth of 1% [1] - Companies listed on the Sci-Tech Innovation Board contributed a total of 84.1 billion yuan in R&D investment, which is a 6% increase year-on-year [1] - The median R&D investment ratio for these companies is 13%, continuing to lead among all A-share sectors [1] Cash Flow - The net cash inflow from operating activities for real economy enterprises was 1.11 trillion yuan, reflecting a year-on-year increase of 32% [1] - The cash content of net profit reached 103%, which is an increase of 26.2 percentage points year-on-year [1]