登录新浪财经APP 搜索【信披】查看更多考评等级 ■ 富士康工业互联网股份有限公司 澄清公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 一、传闻简述 二〇二五年十一月二十五日 证券代码：601138 证券简称：工业富联公告编号：2025-082 2025年11月24日，网络上流传关于富士康工业互联网股份有限公司（以下简称"公司"）"下调第四季度 业绩目标"、"大客户在L10/L11 商业模式上会有调整"等不实言论，引发部分关注。对此，公司澄清并 郑重声明。 二、澄清声明 经核实，公司针对网络平台流传事项声明如下： 1、网络流传相关言论不属实。当前，公司第四季度整体经营，包括GB200、GB300等相关产品出货均 按既定计划推进，客户需求持续畅旺，生产及出货一切正常，且目前未收到任何主要客户关于调整业务 模式、下修份额或价格的要求。 2、公司未向市场下调第四季度利润目标，不存在应披露未披露的信息。同时，与客户合作开发的下一 代产品，也正在按前期的计划如期顺利推进当中。 三、其他说明 公司指定的信息披露媒体为《中国证券报》《 ...

Core Viewpoint - Recent rumors regarding Foxconn Industrial Internet Co., Ltd. (referred to as "the company") suggest a downward revision of AI server cabinet shipment volumes and profits, leading to a 7.8% drop in stock price on November 24. However, the company has denied these claims, affirming that its fourth-quarter performance remains on track and customer demand is strong [2][3]. Group 1: Company Performance - For Q3 2025, the company reported revenue of 243.172 billion yuan, a year-on-year increase of 42.81%, and a net profit attributable to shareholders of 10.373 billion yuan, up 62.04%, both reaching historical highs for a single quarter [3]. - In the first three quarters, the company achieved revenue of 603.931 billion yuan and a net profit of 22.487 billion yuan, nearing last year's total figures [3]. - The growth is primarily driven by the expansion of the AI server market, large-scale delivery of AI cabinet products for data centers, and explosive growth in cloud service provider business, with GPU AI server revenue increasing over 300% year-on-year in the first three quarters [3]. Group 2: Product Development and Market Position - The company reported smooth shipments of its GB200 product, with the GB300 achieving mass production in Q3, showing improvements in yield and testing efficiency [3]. - The company anticipates that declining unit costs and improved yields will positively impact gross margins in Q4, maintaining confidence in delivery efficiency as manufacturing processes are optimized [3]. - A representative from the company emphasized that short-term stock price fluctuations do not alter the fundamental performance, urging investors to view market rumors rationally [3].

公告补充，公司未向市场下调第四季度利润目标，不存在应披露未披露的信息。同时，与客户合作开发 的下一代产品，也正在按前期的计划如期顺利推进当中。 11月24日，网络上流传关于工业富联（601138.SH）"下调第四季度业绩目标""大客户在L10/L11商业模 式上会有调整"等言论。相关传闻让工业富联盘中一度跌停，截至11月24日收盘，工业富联 （601138.SH）跌7.80%，报55.94元/股。 同日晚上，工业富联（601138.SH）发布公告称，网络流传相关言论不属实。当前，公司第四季度整体 经营，包括GB200、GB300等相关产品出货均按既定计划推进，客户需求持续畅旺，生产及出货一切正 常，且目前未收到任何主要客户关于调整业务模式、下修份额或价格的要求。 ...

Key Points - Industrial Fulian (601138.SH) has not lowered its profit target for the fourth quarter [1] - Shanghai Port Bay (605598.SH) reported that its commercial aerospace and perovskite solar business account for less than 1% of its revenue, indicating a small scale and no profitability yet [1] - Zhaohong Wanli (603210.SH) plans to establish a wholly-owned subsidiary to invest 480 million yuan in the construction of an automotive body structure component production line [1] - Tongji Technology (600846.SH) announced that its subsidiary won the bid for the Xi'an Heshan Jinxiu Mansion project construction [1] - ST Zhongzhu (600568.SH) revealed that Shen Shang Group intends to transfer 100% equity of Langdi Technology to Bubugao Investment for 30 million yuan [1] - Naxinwei (688052.SH) plans to repurchase shares worth between 200 million to 400 million yuan [1] - Star Entertainment (300043.SH) reported that its actual controller and concerted parties plan to reduce their holdings by no more than 2.9% [1] - Cixing Co., Ltd. (300307.SH) intends to raise no more than 300 million yuan through a private placement [2] - Zhongding Co., Ltd. (000887.SH) has become a supplier of liquid cooling dummy loads for two domestic liquid cooling system integrators [2]

Core Viewpoint - Industrial Fulian issued a clarification statement denying rumors about lowering its fourth-quarter performance targets and adjustments from major clients, asserting that operations are proceeding as planned and customer demand remains strong [2][5]. Financial Performance - In Q3 2025, Industrial Fulian reported revenue of 243.17 billion yuan, a year-on-year increase of 42.81%, with net profit surpassing 10 billion yuan for the first time, reaching 10.37 billion yuan, a growth of 62.04% [8]. - For the first three quarters of the year, the company achieved revenue of 603.93 billion yuan, up 38.4% year-on-year, and net profit of 22.49 billion yuan, an increase of 48.52% [8]. - The company's revenue and net profit for the first three quarters are close to last year's total, marking a historical high for the same period [8]. Business Segments - The AI server business showed significant growth, with cloud computing revenue increasing over 65% year-on-year in the first three quarters and over 75% in Q3, driven by the demand for AI cabinet products [8]. - Revenue from cloud service providers increased by over 150% year-on-year in the first three quarters, with Q3 revenue more than doubling compared to the previous year [8]. - The GPU AI server segment saw revenue growth exceeding 300% year-on-year in the first three quarters, with a quarterly increase of over 90% and a year-on-year increase of over five times [8][9]. Market Reaction - On November 24, Industrial Fulian's stock price fell by 7.8% to 55.94 yuan per share, with a total market capitalization of 1.11 trillion yuan, despite a cumulative increase of 165.29% year-to-date [5].

Core Viewpoint - Industrial Fulian's stock price experienced a significant decline due to unfounded rumors regarding its fourth-quarter performance, which the company has officially denied, affirming that its operations and customer demand remain strong [2][3]. Financial Performance - For the first three quarters of the year, Industrial Fulian reported a revenue of 603.93 billion yuan, representing a year-on-year growth of 38.40%, and a net profit attributable to shareholders of 22.49 billion yuan, up 48.52% year-on-year [3]. - The cloud computing segment saw a revenue increase of over 65% year-on-year, driven by the demand for AI cabinet products, with a third-quarter growth exceeding 75% [3]. - The cloud service provider business accounted for 70% of the cloud computing revenue, with a year-on-year increase of over 150%, and a third-quarter growth of more than 210% [3]. - The GPU AI server revenue surged over 300% year-on-year, with a third-quarter sequential growth of over 90% and a year-on-year increase of over five times [3]. Business Segments - The precision components business benefited from the launch of new AI smart terminal products, leading to increased customer demand and sustained growth [3]. - The switch business experienced significant growth due to rising AI demand, with a third-quarter year-on-year increase of 100%, and the 800G switch saw a growth of over 27 times in the same period [3]. Stock Performance - Industrial Fulian's stock price reached a high of 83.88 yuan on October 30, following the release of its third-quarter report, marking a 486% increase from its year-to-date low of 14.30 yuan in April [4]. - As of November 24, the stock closed at 55.94 yuan, reflecting a decline of 7.80%, with a total market capitalization of 1.11 trillion yuan [4].

Key Points - Industrial Fulian (601138.SH) has not lowered its profit target for the fourth quarter [1] - Shanghai Port Bay (605598.SH) reported that its commercial aerospace and perovskite solar business account for less than 1% of its revenue, indicating a small scale and no profitability [1] - Taihong Wanli (603210.SH) plans to establish a wholly-owned subsidiary to invest 480 million yuan in the construction of an automotive body structure component production line [1] - Tongji Technology (600846.SH) announced that its subsidiary won the construction bid for the Xi'an Heshan Jinxiu Mansion project [1] - ST Zhongzhu (600568.SH) revealed that Shen Shang Group intends to transfer 100% equity of Landi Technology to Bubugao Investment for 30 million yuan [1] - Naxinwei (688052.SH) plans to repurchase shares worth between 200 million to 400 million yuan [1] - Xinghui Entertainment (300043.SH) reported that its actual controller and concerted parties plan to reduce their holdings by no more than 2.9% [1] - Cixing Co., Ltd. (300307.SZ) intends to raise no more than 300 million yuan through a private placement [3] - Zhongding Co., Ltd. (000887.SZ) announced that its controlling subsidiary has become a supplier of liquid cooling dummy loads for two domestic liquid cooling system integrators [3]

Core Viewpoint - Industrial Fulian's stock price has experienced significant volatility, dropping over 30% from its peak, resulting in a market value loss exceeding 500 billion yuan within a short period [1][3]. Financial Performance - For the first three quarters of 2023, Industrial Fulian reported a revenue of 603.93 billion yuan, representing a year-on-year growth of 38.4%, and a net profit attributable to shareholders of 22.49 billion yuan, up 48.52% year-on-year [3]. Stock Market Reaction - On October 29, following the release of its quarterly report, Industrial Fulian's stock price surged over 9%, closing at 80.8 yuan per share, with a market capitalization reaching 1.6 trillion yuan, a historical high [3]. - On November 24, the stock price fell to 54.61 yuan per share, marking a decline of 9.99% by midday, and ultimately closing at 55.95 yuan, down 7.80% for the day, with trading volume exceeding 18.7 billion yuan [2]. Market Speculation and Response - A circulating rumor suggested that Nvidia would enter the server market, leading to a potential downward revision of Industrial Fulian's revenue expectations for Q4 2025, which contributed to the stock's decline [3][4]. - Industrial Fulian issued a clarification stating that the rumors regarding a downward adjustment of Q4 performance targets were unfounded, asserting that operations and customer demand remained strong [4][5]. Management's Outlook - During a quarterly earnings call, management expressed confidence in ongoing projects and customer demand, indicating that the company had not adjusted its performance expectations despite market speculation [5][6]. - Analysts have deemed the rumors about Nvidia's market entry as unreliable, emphasizing that such a move would not align with Nvidia's profit strategy [6]. Industry Context - Other companies in the computing power sector also experienced stock price declines during the same period, with notable drops including 10.96% for Zhongji Xuchuang, 28.64% for Xinyi Sheng, and 23.74% for Tianfu Communication [6].

Core Viewpoint - Industrial Fulian's stock price experienced significant volatility, dropping over 30% from its peak, attributed to market rumors regarding potential revenue adjustments due to Nvidia's involvement in server production [2][3][4] Financial Performance - For the first three quarters of 2023, Industrial Fulian reported revenue of 603.93 billion yuan, a year-on-year increase of 38.4%, and a net profit attributable to shareholders of 22.49 billion yuan, up 48.52% [2] - On October 29, 2023, following the earnings report, the stock price surged over 9%, reaching a record high market capitalization of 1.6 trillion yuan [2] Stock Market Reaction - On November 24, 2023, the stock price fell to 54.61 yuan per share, a decline of 9.99% by midday, and closed at 55.95 yuan, down 7.80% for the day, with trading volume exceeding 18.7 billion yuan [2] - The market capitalization dropped to 1.11 trillion yuan, reflecting a loss of over 500 billion yuan in value since the peak [2] Market Rumors and Clarifications - A circulating rumor suggested that Nvidia would reduce Industrial Fulian's revenue expectations for Q4 2025, leading to concerns about order reductions and profit margin pressures [3][4] - Industrial Fulian issued a statement denying these rumors, asserting that Q4 operations were proceeding as planned and that there were no adjustments to profit targets or major client requests for changes [4][5] Analyst Opinions - Analysts expressed skepticism about the validity of the rumors, stating that Nvidia is unlikely to enter the OEM market as it would negatively impact its profit margins [6] - The overall sentiment among analysts is that the recent stock price declines in the computing power sector are primarily due to profit-taking and valuation adjustments rather than fundamental issues [6]

【#工业富联将调整回购股份价格上限#】#工业富联发布澄清公告# 11月24日，工业富联(601138.SH)股 价一度跌停。有投资者在互动平台问工业富联：有消息传，公司已经下调了第四季度业绩目标，同时也 有观点认为，大客户在 L10/L11 商业模式上会有调整，可能对公司在业务布局和盈利能力产生不利影 响。请问属实吗，公司如何看待？工业富联表示，当前，公司第四季度整体经营，包括GB200、GB300 等相关产品出货均按既定计划推进，客户需求持续畅旺，生产及出货一切正常。公司未向市场下调第四 季度利润目标，不存在应披露未披露的信息。同时，与客户合作开发的下一代产品，也正在按前期的计 划如期顺利推进当中。 11月24日，另有投资者问，"公司最近股价一路下跌，从最高点已跌30％，请问公司是否有回购计划及 实施进度？" 工业富联表示，公司2025年第一次临时股东大会审议通过的回购股份价格上限为不超过20 元/股，经2024年年度权益分派后调整为不超过19.36元/股。后续，公司将尽快召开董事会调整回购价格 上限，并加速推进回购事项。（智通财经） ...