FII(SH:601138) Zheng Quan Shi Bao·2025-11-24 12:03Core Viewpoint - Industrial Fulian (601138) issued a clarification announcement on November 24, denying rumors about a "downward adjustment of fourth-quarter performance targets" and "adjustments in major clients' L10/L11 business models" [2][3] Group 1: Company Performance - The company confirmed that its overall operations for the fourth quarter, including the shipment of products like GB200 and GB300, are proceeding as planned, with strong customer demand and normal production and shipment activities [2][3] - There has been no adjustment to the fourth-quarter profit target, and the company has not disclosed any undisclosed information [2][3] - The development of next-generation products in collaboration with clients is progressing smoothly as per the initial plan [2][3] Group 2: Market Reactions - Industrial Fulian's market capitalization exceeds one trillion, but the stock has seen a nearly 8% decline over two consecutive days, closing at 55.94 yuan per share with a trading volume of 18.72 billion yuan, ranking second in A-share trading [2] - Recent market rumors suggested a reduction in the shipment volume and profit per AI server cabinet, with the cabinet quantity adjusted to 80,000 and profit declines attributed to cloud service providers and Nvidia reclaiming more profitable segments of the server supply chain [2]