1. What Happened? : SNPE’s Weak 2025 Half-Year Results and Delisting Lawsuit

SNPE reported disappointing results in its 2025 half-year report: revenue of 0, operating loss of -3.2 billion, and net loss of -0.2 billion. Simultaneously, news of a delisting lawsuit and injunction application shocked the market.

2. Why Did This Happen? : Poor Investment Performance and Increased Management Uncertainty

The main causes of the poor performance are the downturn in the investment market and SNPE’s weak investment returns. Decreased gains from securities valuation and disposal directly impacted the results. The delisting lawsuit adds to management uncertainty and dampens investor sentiment.

3. What’s Next? : Delisting Outcome is Key, New Business Success Crucial

SNPE’s future stock price hinges on the outcome of the delisting lawsuit. If the listing is maintained, a short-term rebound is possible, but ultimately, earnings improvement is essential. Successful establishment of the new semiconductor business could provide long-term growth momentum. However, uncertainty remains high.

4. What Should Investors Do? : Cautious Approach Needed, Close Monitoring Required

Investing in SNPE requires extreme caution at this time. A wait-and-see approach is advisable until the delisting risk is resolved and the performance of the new business becomes visible. Investors should closely monitor the progress of the lawsuit and the concrete results of the semiconductor business.