FII(SH:601138) Ge Long Hui·2025-07-07 08:54Financial Performance - The company expects to achieve a net profit attributable to shareholders of 6,727,420 thousand to 6,927,420 thousand yuan in Q2 2025, representing an increase of 2,173,206 thousand to 2,373,206 thousand yuan year-on-year, which is a growth of 47.72% to 52.11% [1] - For the first half of 2025, the expected net profit attributable to shareholders is 11,958,195 thousand to 12,158,195 thousand yuan, an increase of 3,219,097 thousand to 3,419,097 thousand yuan year-on-year, reflecting a growth of 36.84% to 39.12% [1] - The company anticipates a net profit excluding non-recurring gains and losses of 6,694,420 thousand to 6,894,420 thousand yuan in Q2 2025, which is an increase of 2,433,253 thousand to 2,633,253 thousand yuan year-on-year, translating to a growth of 57.10% to 61.80% [1] Cloud Computing Business - The cloud computing segment achieved over 50% revenue growth year-on-year in Q2, driven by an increase in demand for AI data center Hyper-scale AI cabinet products [2] - Revenue from AI servers grew by over 60% compared to the same period last year, while revenue from servers for cloud service providers increased by more than 1.5 times [2] - The company maintained a leading market share in core products among major clients, with significant growth in shipments of advanced AI computing GPU modules and related products [2] Telecommunications and Networking Equipment - The company is focusing on the integration of smart manufacturing and AI, increasing investment in core product R&D to drive steady growth in the telecommunications and mobile network equipment business [2] - The precision components business also saw stable growth due to strong sales of high-end and affordable AI models from major clients [2] - In the high-speed switch segment, driven by rising AI demand, the company’s product structure improved significantly, with Q2 revenue from 800G switches reaching three times the total revenue for the entire year of 2024 [2]