FII(SH:601138) Shang Hai Zheng Quan Bao·2025-10-29 22:46Core Viewpoint - The company, Foxconn Industrial Internet Co., Ltd., reported significant growth in its cloud computing and communication equipment businesses, driven by strong demand for AI-related products and services in the third quarter of 2025 [4][5]. Financial Performance - The company's cloud computing business revenue increased by over 65% year-on-year for the first three quarters of 2025, with a more than 75% increase in the third quarter alone [4]. - Revenue from cloud service providers accounted for 70% of the cloud computing business, growing over 150% year-on-year, with a more than 210% increase in the third quarter [4]. - The GPU AI server revenue surged over 300% year-on-year in the first three quarters, with a more than 90% quarter-on-quarter increase in the third quarter [4]. Business Segments - In the cloud computing segment, the demand for AI server products has significantly increased, particularly for large-scale data centers [4]. - The communication and mobile network equipment business also showed strong growth, with a 100% year-on-year increase in the third quarter, driven by AI demand [5]. - The 800G switch business experienced a remarkable growth of over 27 times year-on-year in the third quarter [5]. Corporate Governance Changes - The company announced the cancellation of its supervisory board and the revision of its articles of association to enhance corporate governance [24][25]. - The responsibilities previously held by the supervisory board will be transferred to the audit committee of the board of directors [25]. - The company plans to hold a special shareholders' meeting on November 24, 2025, to discuss these governance changes [20].