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Changes in Hong Kong stocks | Shanghai Fudan (01385) rose nearly 6% in the afternoon, institutions say agent development platforms are expected to strengthen ecological barriers
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The Zhitong Finance App learned that Fudan, Shanghai (01,385) rose nearly 6% in the afternoon. As of press release, it had risen 5.22% to HK$27.02, with a turnover of HK$57,112 million.

According to the news, Shanghai Fudan previously announced that revenue for the first half of the year was 2,225 billion yuan, up 21.03% year on year; net profit attributable to shareholders of listed companies was 849 million yuan, up 338.58% year on year. During the reporting period, due to the favorable impact of the recovery in industry sentiment and increased demand from downstream customers, the company's integrated circuit design product lines achieved an increase of approximately RMB 224 million in gross profit over the same period last year.

Zheshang Securities pointed out that the agent development platform is expected to strengthen ecological barriers. The company has built a “chip-software-solution” ecosystem. The company has systematically released FPGA IP and solutions, and launched the FATOML4Agent intelligent FPGA development platform. Customers can use this platform to agent the entire FPGA development process, reduce the language, tools, and verification threshold used by FPGA, and optimize development costs.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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