diff --git a/mypy/build.py b/mypy/build.py
index e4b202c4e72ba..9e4e3d7ebd220 100644
--- a/mypy/build.py
+++ b/mypy/build.py
@@ -1478,6 +1478,24 @@ def calculate_mros(self) -> None:
         fixup_module_pass_two(self.tree, self.manager.modules,
                               self.manager.options.quick_and_dirty)
 
+    def patch_dependency_parents(self) -> None:
+        """
+        In Python, if a and a.b are both modules, running `import a.b` will
+        modify not only the current module's namespace, but a's namespace as
+        well -- see SemanticAnalyzer.add_submodules_to_parent_modules for more
+        details.
+
+        However, this patching process can occur after `a` has been parsed and
+        serialized during increment mode. Consequently, we need to repeat this
+        patch when deserializing a cached file.
+
+        This function should be called only when processing fresh SCCs -- the
+        semantic analyzer will perform this patch for us when processing stale
+        SCCs.
+        """
+        for dep in self.dependencies:
+            self.manager.semantic_analyzer.add_submodules_to_parent_modules(dep, True)
+
     def fix_suppressed_dependencies(self, graph: Graph) -> None:
         """Corrects whether dependencies are considered stale in silent mode.
 
@@ -2010,6 +2028,8 @@ def process_fresh_scc(graph: Graph, scc: List[str]) -> None:
         graph[id].fix_cross_refs()
     for id in scc:
         graph[id].calculate_mros()
+    for id in scc:
+        graph[id].patch_dependency_parents()
 
 
 def process_stale_scc(graph: Graph, scc: List[str], manager: BuildManager) -> None:
diff --git a/test-data/unit/check-serialize.test b/test-data/unit/check-serialize.test
index 2504fe6aa1c5f..9576d95c7eefa 100644
--- a/test-data/unit/check-serialize.test
+++ b/test-data/unit/check-serialize.test
@@ -1103,8 +1103,7 @@ main:3: error: Too few arguments for "g"
 [out2]
 main:3: error: Too few arguments for "g"
 
-[case testSerializeQualifiedImport-skip]
-# This fails currently: https://github.com/python/mypy/issues/3274
+[case testSerializeQualifiedImport]
 import b
 b.c.d.f()
 b.c.d.g()