Research Brief | Shanghai Fuzhi Technology hosts Industrial Securities and five other institutions, achieving 82% revenue growth by 2025, turning losses into profits, and the green methanol project receives dual international certification

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Basic Investigation Overview

Shanghai Fuzie Technology Co., Ltd. (hereinafter referred to as “the Company”) received institutional investor research on March 31 and April 1, 2026. This research activity was a targeted investigation, attracting five institutions including Industrial Securities, Zheshang Fund, CICC Asset Management, Guotou Securities, and Ping An Fund.

Core Performance and Business Progress

2025 Operating Performance Achieves Significant Breakthroughs

During investor exchanges, the company disclosed its 2025 operating results. According to preliminary calculations by the finance department, the company achieved a total operating revenue of 340.81M yuan in 2025, an increase of 82.35% compared to the same period last year; net profit attributable to the parent company was 11.0439 million yuan, an increase of 61.4256 million yuan from the same period last year, successfully turning losses into profits. The company stated that in 2025, by focusing on core business responsibilities, advancing ongoing projects, strengthening refined management, and optimizing marketing channels, it promoted new orders in domestic and international markets to achieve double breakthroughs, significantly improving operating quality.

Key Progress in Green Methanol Pilot Project

The company highlighted the progress of the key Shanghai Municipal Science and Technology Commission special research project it led. This project involves East China University of Science and Technology, Tongji University, Shanghai Jiao Tong University, Shanghai Chengtou Old Port Industrial Development Co., Ltd., and Shanghai Environment Group Co., Ltd., aiming to break through the integrated “three-element collaborative anaerobic fermentation - biogas purification and impurity removal - mixed reforming gas production - green methanol synthesis” technology for full carbon directional conversion of biogas to produce green methanol. Currently, the 1,000-ton pilot project received ISCC-EU and ISCC-PLUS international green dual certification in January 2026. The project’s full lifecycle carbon emission reduction rate reached 95.66%, and it has produced green methanol fuel meeting international shipping fuel standards. The company pointed out that this technology will greatly improve the green carbon utilization rate of biogas raw materials and lay a key technological foundation for future demonstration applications of 100k-ton green fuel industries.

Responses to Investor Inquiries

Regarding the market value management issues raised by investors, the company stated that it attaches great importance to market value management and will strive to create long-term value through optimizing development strategies, improving operational efficiency, strengthening investor communication, stabilizing cash dividends, implementing equity incentives, and employee stock ownership plans to maximize shareholders’ interests.

The company also emphasized that the descriptions related to external environment judgments, development strategies, and future plans involved in this investigation do not constitute substantive commitments. Investors are reminded to invest rationally and be aware of investment risks. During the investigation, the company strictly adhered to information disclosure regulations and did not experience any undisclosed material information leaks.

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Editor: Xiao Lang Kuai Bao