Olympic medalist Fu Yuanhui touched the finishing line first in the preliminary of the women's 100m backstroke, but was another to miss out on the final, ranking only 11th in the physical tests. Guangdong's Wang Xue'er took the crown in 59.55 seconds.
Ronaldo's penalty in the 44th minute wiped out Veretout's spot-kick, just two minutes before the Frenchman restored the lead for the Giallorossi.
Facing Shenzhen, Suning's Alex Teixeira smacked the winning penalty in the 28th minute after Li Ang was tripped by Morteza Pouraliganji.
Pedro latched onto Giorgian De Arrascaeta's cross to fire in a shot from close-range, just two minutes after Patrick de Paula had put his team ahead with a thumping 20-yard effort.
Despite the goal, Real Madrid had to thank keeper Thibaut Courtois for the win after the Belgian made a series of impressive saves.
The first set saw the two sides trade the lead until Shanghai's Zhang Yichan made a block helping shanghai edge out to take the set.
Fujian kept straight wins until this loss to Shanghai. However, they are set to face more powerful opponents Tianjin and Jiangsu after this round.
Real Madrid has won without really impressing at the start of the season and Zinedine Zidane will again have selection questions to answer when his side visits Levante. Eden Hazard is out for several weeks, but Vinicus Jr made his case to start with his winning goal at home to Valladolid on Wednesday.
The 64-year-old, who began his managerial career as a teenager in 1975, had previous spells as Botafogo boss in 1986, 1995, 1998 and 2001.
"The Tokyo Olympics were postponed, and this is good for me. Now I have more time to prepare and will try to show my best in the Olympics," she said.
The medals of the women's 200m backstroke were taken by three youngsters. Silver medalist Wang Jiayin from Shandong is just 13 years old. Hubei's Peng Xuwei, 17, bagged the gold in 2:09.02.