Financial Data and Key Metrics Changes - In Q3 2025, the company's revenue grew by 13% year-on-year, reaching $1.3 billion, driven primarily by robust demand for AI products [4][7] - The gross profit margin reached a record high of 23.5%, contributing to an increase in annual gross margins [4][9] - The expense-to-sale ratio increased to 16.4% during this quarter, reflecting higher operational costs [4][9] Business Line Data and Key Metrics Changes - The cloud data center segment revenue grew by 33% year-on-year, driven by strong demand for high-speed and high-voltage AI connectivity solutions [7][8] - The auto mobility segment achieved 116% year-on-year growth, despite challenges in the automobile sector [8] - The consumer interconnect segment remained flat but outperformed prior guidance due to effective customer engagement [7][8] Market Data and Key Metrics Changes - The smartphone segment experienced a 20% decline, consistent with guidance due to ongoing market challenges [7][10] - The company anticipates a high teens year-on-year decline in the smartphone segment for Q4 2025 [10] - The overall micro-conditions are expected to slow down, leading to a flat outlook for the consumer interconnect segment in Q4 [10] Company Strategy and Development Direction - The company is reallocating resources to support new certifications, product launches, and regional expansion while maintaining cost optimization initiatives [9][10] - The focus is shifting towards expanding the AI-related portion of the business portfolio, with long-term guidance for the cloud data center segment aiming for a low 20s revenue mix in 2026 [12][13] - The company emphasizes the importance of vertical integration and reliability in maintaining leadership in the backplane connector market [29] Management's Comments on Operating Environment and Future Outlook - Management acknowledges considerable headwinds in the consumer electronics industry but remains focused on capturing opportunities from AI momentum [56] - The company expects to achieve consistent low double-digit growth in operating profit for the full year, despite temporary impacts on near-term operating margins [10][12] - Management is optimistic about the growth of AI-related applications as a main catalyst for future performance [23] Other Important Information - The company has signed a strategic MOU with Al-Basami Transport Group to collaborate on EV charger installations across logistics hubs [14] - The company showcased several new products at industry events, including the industry's first 102.4 Tbps CPO connector [14][15] Q&A Session Summary Question: Progress in backplane connector developments - Management refrained from commenting on individual products but noted that existing solutions are gaining recognition due to strong technical capabilities [17][18] Question: Impact of competitors bypassing patent restrictions - Management did not comment on specific competitors but emphasized the importance of reliability and integration in high-speed interconnect areas [19][20] Question: Customer orders for AI-related high-power products - Management indicated steady market share growth for existing power products and highlighted new high-voltage solutions [20][21] Question: Customer adoption of new power products - Management reported certification by major global cloud and AI server customers, with steady shipments underway [21][22] Question: Sustainability of AI shipment growth - Management expects stabilization in the short term but sees a clear growth trend driven by new projects and consumer demand [23][24] Question: Differentiation in the backplane connector market - Management highlighted vertical integration as a key advantage in maintaining leadership in the backplane connector market [29] Question: Investment in new applications like robotics - Management is open to exploring new technologies and has capabilities for robotic applications [31] Question: Revenue performance benchmarking against group companies - Management stated that direct comparisons are complex due to differing delivery schedules and stocking levels [34] Question: Plans for investment in the U.S. - Management confirmed an operational presence in the U.S. and openness to further investments aligned with customer needs [35][36] Question: Impact of higher memory prices on consumer electronics demand - Management reported no pricing pressures from higher memory costs so far [37] Question: Reason for lack of growth in operating cash flow - Management attributed this to product launch readiness and adjustments in production facilities [46][47] Question: Impact of larger rack form factors on interconnect cable business - Management expects a positive impact from the trend of larger rack form factors [48]

此外，董事会进一步宣布，自2025年11月10日起，黄碧君女士及邓贵彰先生获委任为董事会提名委员会 成员。 FIT HON TENG(06088)发布公告，截至2025年9月30日止9个月，该集团取得营收及其他经营收入36.29 亿美元，同比增长11.98%;来自持续经营的净利润1.05亿美元，同比增长3.88%。 ...

此外，董事会进一步宣布，自2025年11月10日起，黄碧君女士及邓贵彰先生获委任为董事会提名委员会 成员。 智通财经APP讯，FIT HON TENG(06088)发布公告，截至2025年9月30日止9个月，该集团取得营收及其 他经营收入36.29亿美元，同比增长11.98%;来自持续经营的净利润1.05亿美元，同比增长3.88%。 ...

格隆汇11月10日丨FIT HON TENG(06088.HK)发布公告，自2025年11月10日起，黄碧君及邓贵彰获委任 为董事会提名委员会成员。 ...

（於開曼群島以鴻騰精密科技股份有限公司的名稱註冊成立的有限公司， 並以鴻騰六零八八精密科技股份有限公司於香港經營業務） （股份代號：6088） CURWEN Peter D先生 鄧貴彰先生 陳永源先生 董事會設有四個董事委員會。董事委員會的組成如下： 董事會成員名單與其角色和職能 鴻騰六零八八精密科技股份有限公司董事會（「董事會」）成員載列如下： 執行董事 盧松青先生 （主席） 盧伯卿先生 PIPKIN Chester John先生 非執行董事 張傳旺先生 黃碧君女士 獨立非執行董事 2 審核委員會 鄧貴彰先生 （主席） CURWEN Peter D先生 陳永源先生 薪酬委員會 陳永源先生 （主席） 鄧貴彰先生 張傳旺先生 1 提名委員會 盧松青先生 （主席） 黃碧君女士 CURWEN Peter D先生 陳永源先生 鄧貴彰先生 環境、社會及管治委員會 CURWEN Peter D先生 （主席） PIPKIN Chester John先生 黃碧君女士 香港，二零二五年十一月十日 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島以鴻騰精密科技股份有限公司的名稱註冊成立的有限公司， 並以鴻騰六零八八精密科技股份有限公司於香港經營業務） （股份代號：6088） (1)截至二零二五年九月三十日止九個月之若干財務資料；及 (2)提名委員會組成的變更 本公告乃由鴻騰六零八八精密科技股份有限公司（「本公司」，連同其附屬公司， 統稱「本集團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第 13.09(2)條及香港法例第571章證券及期貨條例第XIVA部之內幕消息條文（定義見 上市規則）而作出。 根據台灣證券交易所頒佈之適用披露規定，鴻海精密工業股份有限公司（本公司 之最終控股股東，其股份在台灣證券交易所上市）必須在預期於二零二五年十一 月十二日或之前的日期，於台灣披露本集團截至二零二五年九月三十日止九個月 若干未經審核之綜合財務資料。 為能及時發送資料予香港及台灣之投資者及有意投資者，本公司董事會（「董事 會」）謹此 ...

每经AI快讯，鸿腾精密(06088.HK)涨超4%，截至发稿，涨4%，报5.46港元，成交额1.85亿港元。 ...

Core Viewpoint - Hongteng Precision (06088) has seen a stock price increase of over 4%, reaching HKD 5.46, with a trading volume of HKD 1.85 billion, driven by strong performance in AI server business and positive market outlook from Morgan Stanley [1] Financial Performance - Hon Hai's revenue for October reached HKD 895.7 billion, surpassing September's HKD 837 billion and last year's HKD 804.8 billion, marking a month-on-month increase of 7.01% and a year-on-year increase of 11.29% (15.4% in USD terms) [1] Market Position and Outlook - Morgan Stanley's recent report highlights Hongteng's favorable positioning within the Hon Hai Group, expecting it to benefit from the AI component trend; they initiated a "outperform" rating for Hongteng with a target price of HKD 8, implying a price-to-earnings ratio of 22x and 17x for the fiscal years 2026 and 2027 respectively [1] - The firm anticipates significant growth in Hongteng's AI revenue over the next 2 to 3 years, suggesting that this positive development is not yet fully reflected in the current stock price, positioning Hongteng as a key player in AI infrastructure [1]

Core Viewpoint - Hongteng Precision (06088) has seen a stock price increase of over 4%, attributed to strong performance in AI server business and positive earnings report from Hon Hai [1] Financial Performance - Hon Hai's October revenue reached 895.7 billion, surpassing September's 837 billion and last year's 804.8 billion, marking a month-on-month increase of 7.01% and a year-on-year increase of 11.29% (15.4% in USD terms) [1] Market Position and Outlook - Morgan Stanley's recent report indicates that Hongteng is well-positioned within the Hon Hai Group and is expected to benefit from the AI component trend [1] - Morgan Stanley has initiated a "Outperform" rating for Hongteng with a target price of 8 HKD, reflecting a projected P/E ratio of 22x and 17x for the fiscal years 2026 and 2027 respectively [1] - The firm anticipates significant growth in Hongteng's AI revenue over the next 2 to 3 years, suggesting that this positive development is not yet fully reflected in the current stock price [1]

Core Viewpoint - Morgan Stanley estimates that Hongteng Precision's AI revenue contribution will rise from below 5% in FY2024 to approximately 25% in FY2027, driving a compound annual growth rate (CAGR) of 16% in revenue and over 40% in net profit [1] Group 1: Revenue and Profit Growth - The projected AI revenue growth indicates a significant increase over the next 2 to 3 years, which is not fully reflected in the current stock price [1] - The company is positioned well within the Foxconn Group and is expected to benefit from the trend of AI components [1] Group 2: Ratings and Price Target - Morgan Stanley initiates coverage on Hongteng with an "Outperform" rating and sets a target price of HKD 8, which corresponds to a price-to-earnings (P/E) ratio of 22 times for FY2026 and 17 times for FY2027 [1]