LUXSHARE-ICT(SZ:002475) Xin Lang Cai Jing·2025-11-03 12:12Group 1: Lixun Precision - Lixun Precision reported a revenue of 220.915 billion yuan for the first three quarters of 2025, a year-on-year increase of 24.69% [1] - The net profit attributable to shareholders reached 11.518 billion yuan, reflecting a year-on-year growth of 26.92%, indicating improved growth quality and business structure [1] - The company has successfully completed the integration of Leoni and Wentai, with 90% of the core team retained, and is experiencing accelerated overseas expansion in the PC business, which is expected to see multiple growth in the next three years [1] - The gross profit margin improved to 12.15%, up 0.43 percentage points year-on-year, while the net profit margin increased to 5.76%, up 0.24 percentage points year-on-year [1] - Management indicated that the data center business will have the greatest flexibility next year, and AI-related business is expected to grow faster in 2026 than in 2025 [1] Group 2: BOE Technology Group - BOE Technology Group reported a revenue of 8.331 billion yuan for the first three quarters of 2025, marking a year-on-year increase [2] - The company significantly increased its R&D investment, with R&D expenses reaching 230 million yuan, a year-on-year growth of approximately 57.0%, focusing on upgrading its computing service platform [2] - The company has obtained NVIDIA NCP certification and is collaborating on developing a robot reasoning platform and embodied intelligence technology, positioning itself to meet future computing demands [2] - The revenue from intelligent computing products and services was 1.221 billion yuan in the first half of the year, with specific third-quarter data pending [2]