Shanghai Urban Architecture Design Co. Ltd.

You'an Design released its 2026 interim report. Affected by continued adjustment in the downstream real estate market and intensifying industry competition, the company's operating revenue was 48 million yuan, down 43.95 percent year on year. Net profit attributable to the parent company was a loss of 15 million yuan, with the loss widening by 26.51 percent year on year. Net profit attributable to the parent company after deducting non-recurring items was a loss of 17 million yuan, with the loss narrowing by 17.66 percent year on year. Net cash flow from operating activities was 8 million yuan, down 83.12 percent year on year. Revenue from residential building design and consulting was 24 million yuan, down 38.97 percent year on year, with a gross margin of 32.22 percent, down 14.42 percentage points year on year. Revenue from public building design and consulting was 11 million yuan, down 48.52 percent year on year, with a gross margin of 17.94 percent, down 16.59 percentage points year on year. The company's credit impairment loss was negative 91 million yuan, a significant year-on-year reduction. Debt restructuring gains of 8 million yuan and investment income of 16 million yuan provided some support to profit. Receivables from the top five customers accounted for more than 50 percent of the total, with Greenland Holdings accounting for nearly 40 percent, posing a relatively high bad debt risk.

You'an Design disclosed its 2026 semi-annual report. In the first half of the year, total operating revenue was 47.5165 million yuan, down 43.95 percent year on year. Net loss attributable to the parent company was 14.8811 million yuan, compared with a loss of 11.7631 million yuan in the same period last year. Net loss after deducting non-recurring items was 16.5449 million yuan, compared with a loss of 20.0927 million yuan a year earlier. Net cash flow from operating activities was 7.5344 million yuan, down 83.12 percent year on year. Basic loss per share was 0.0861 yuan, and the weighted average return on equity was negative 0.54 percent.