FII(SH:601138) Zheng Quan Ri Bao·2025-11-24 16:43Core 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].