Core Viewpoint - Industrial Fulian reported significant growth in revenue and net profit for the first half of the year, driven by advancements in AI technology and strategic collaborations with leading tech companies [1] Financial Performance - The company achieved operating revenue of 360.76 billion yuan, representing a year-on-year increase of 35.58% [1] - Net profit reached 12.113 billion yuan, with a year-on-year growth of 38.61% [1] - Basic earnings per share were 0.61 yuan, reflecting a 38.64% increase compared to the previous year [1] Industry Trends - The global technology industry is undergoing rapid restructuring due to the wave of the intelligent revolution, particularly driven by breakthroughs in large models and generative AI [1] - It is anticipated that the combined capital expenditure of the four major cloud service providers in North America will see significant growth by 2025, with a notable increase in investment in AI cloud infrastructure [1] Strategic Initiatives - The company is enhancing its supply chain resilience and deepening strategic collaborations with top tech firms in North America and Asia-Pacific [1] - The core business of the company is demonstrating strong growth momentum in profitability, with both order scale and value experiencing significant increases [1]

Core Viewpoint - Industrial Fulian (601138) reported a significant increase in net profit and revenue for the first half of 2025, driven by growth in the AI server market and an increase in market share among major clients [1] Financial Performance - The company achieved a net profit of approximately 12.113 billion yuan, representing a year-on-year growth of 38.61% [1] - Total revenue for the first half of 2025 was approximately 360.76 billion yuan, reflecting a year-on-year increase of 35.58% [1] Market Dynamics - The growth in revenue is primarily attributed to the continuous expansion of the AI server market and the company's increasing market share among key clients [1] - Industrial Fulian is focused on core areas such as cloud computing, communication networks, mobile network equipment, and industrial internet [1] Stock Market Performance - As of August 8, the stock price of Industrial Fulian was 36.59 yuan per share, with a total market capitalization of 726.7 billion yuan [1]

Group 1 - The implementation of high tariffs by the US on India, reaching a total of 50%, poses a significant threat to India's manufacturing ambitions, particularly its "Make in India" initiative [1][4][12] - Major Indian companies in the apparel sector are relocating production to countries like Bangladesh, Vietnam, and Ethiopia due to the adverse effects of US tariffs [1][2] - The European Union's 15% tariffs have already led to a notable decline in exports, indicating that India's manufacturing sector may face even more severe challenges under the 50% tariff regime [2][4] Group 2 - The Indian government is experiencing a loss of foreign investment confidence, with many foreign companies facing high tax penalties and regulatory challenges, leading to a perception of India as an "investment graveyard" [6][10] - The withdrawal of Chinese engineers from Indian manufacturing facilities is exacerbating the operational difficulties faced by the sector, prompting the Indian government to reconsider its investment policies towards China [10][12] - Despite attempts to attract Chinese capital and technology, the longstanding trust issues between Chinese firms and the Indian government hinder potential investments, complicating India's efforts to revitalize its manufacturing industry [10][12][14]

Core Viewpoint - Foxconn Industrial Internet Co., Ltd. reported significant growth in revenue and profit for the first half of 2025, driven by the increasing demand for AI servers and cloud computing solutions [2][3][12]. Company Overview and Key Financial Indicators - The company achieved a revenue of 360.76 billion RMB, a 35.58% increase compared to the same period last year [2][12]. - Total profit reached 14.02 billion RMB, marking a 45.18% increase year-on-year [2][3]. - Net profit attributable to shareholders was 12.11 billion RMB, up 38.61% from the previous year [2][3]. - The company did not distribute cash dividends or bonus shares during this period [1]. Industry and Main Business Situation - The AI server market is experiencing continuous growth, with a projected market value of 298 billion USD by 2025, accounting for over 70% of the overall server market [3][5]. - The company has established strong R&D and manufacturing capabilities in the AI server sector, enhancing customer loyalty and industry position [3][5]. - The demand for high-end AI servers is expected to surge, driven by major cloud service providers' capital expenditures [7][8]. Financial Performance Analysis - The company's operating income increased significantly due to the growth in the AI server market and an increase in market share among key clients [11]. - The gross profit margin improved as a result of optimized product structure and increased sales of AI servers [11]. - The net cash flow from operating activities decreased by 70.76% to 1.41 billion RMB, primarily due to increased inventory levels [11]. Competitive Advantages and Future Outlook - The company is focusing on digital transformation and enhancing its capabilities in smart manufacturing and supply chain management [9][10]. - It aims to leverage AI technologies to drive innovation and improve operational efficiency across the entire industrial chain [9][10]. - The company plans to expand its global production capacity and strengthen its competitive edge in high-performance computing and AI infrastructure [8][10].

富士康工业互联网股份有限公司2025 年半年度报告摘要 公司代码：601138 公司简称：工业富联 富士康工业互联网股份有限公司 富士康工业互联网股份有限公司2025 年半年度报告摘要 第一节 重要提示 展规划，投资者应当到 www.sse.com.cn 网站仔细阅读半年度报告全文。 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 本公司计划不派发现金红利，不送红股，不以公积金转增股本。 第二节 公司基本情况 公司股票简况 股票种类 股票上市交易所 股票简称 股票代码 变更前股票简称 A股 上海证券交易所 工业富联 601138 无 联系人和联系方式 董事会秘书 证券事务代表 姓名 刘宗长 揭晓小 电话 0755-3359 5881 0755-3359 5881 深圳市龙华区龙华街道东环二 深圳市龙华区龙华街道东环二 办公地址 路二号富士康科技园 路二号富士康科技园 电子信箱 ir@fii-foxconn.com ir@fii-foxconn.com 单位：千元 币种：人民币 本报告期末比上年 本报告期末 上年度末 度末增减(%) 总资产 383,128,084 317,523,5 ...

证券代码：601138 证券简称：工业富联 公告编号：临2025-063号 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据中国证券监督管理委员会《上市公司募集资金监管规则》、上海证券交 易所发布的《上海证券交易所上市公司自律监管指引第 1 号——规范运作 （2025 年 5 月修订）》及《富士康工业互联网股份有限公司募集资金管理制度》 （以下简称"《募集资金管理制度》"）等规定，富士康工业互联网股份有限公 司（以下简称"公司"）董事会编制了截至 2025 年 6 月 30 日止的募集资金存放 与使用情况的专项报告，具体如下： 一、募集资金基本情况 （一）实际募集资金金额和资金到账时间 经中国证券监督管理委员会《关于核准富士康工业互联网股份有限公司首 次公开发行股票的批复》（证监许可[2018]815 号）核准，并经上海证券交易所 同意，公司首次公开发行人民币普通股（A 股）股票 1,969,530,023 股，每股发 行价格为人民币 13.77 元，募集资金总额为人民币 27,120,428,416.71 元，扣除 本 ...

Core Points - The company, Foxconn Industrial Internet Co., Ltd., will hold its 2025 semi-annual performance briefing on August 15, 2025, from 15:00 to 16:00 [1] - The meeting will be conducted in a hybrid format, combining an on-site meeting with an online broadcast [1] - Investors can participate in the meeting either in person at the specified location in Shenzhen or via a live stream on the designated website [1] Meeting Details - The performance briefing is scheduled for August 15, 2025, from 15:00 to 16:00 [1] - The on-site location is at the 52nd floor of the High-tech Joint Headquarters Building in Nanshan District, Shenzhen [1] - The online streaming can be accessed through the website: https://www.roadshowchina.cn/w/meet/zPaRRV [1] Participation Information - Investors wishing to attend in person must register via the company's investor relations email by August 14, 2025, at 10:00 [1] - For online participation, investors can log in to the specified website on the day of the meeting [1] - Questions from investors can be submitted via email before the meeting for a unified response during the briefing [1] Attendees - Key attendees include the company's Chairman and General Manager, Mr. Zheng Hongmeng, and other board members [1] - Attendance may be subject to change due to special circumstances [1] Post-Meeting Information - After the meeting, a written record of the briefing will be published on the Shanghai Stock Exchange's e-interaction platform for investors to review [1]

公司核心业务盈利能力彰显强劲增长动能，订单规模与价值量同步跃升。云计算业务方面，产品结构持 续优化，AI 服务器在云计算业务中的占比稳步扩大。第二季度公司整体服务器营收增长超 50%，云服 务商服务器营收同比增长超 150%，AI 服务器营收同比增长超60%。GB200系列产品实现量产爬坡，良 率持续改善，出货量逐季攀升。 通信及移动网络设备方面，受惠客户某些特定机种的热销，精密机构件业务上半年出货量同比增长 17%。展望下半年，智能型手机市场高阶化趋势将持续 GenAl 与折叠装置将为产业带来新增长动能。交 换机业务方面，上半年 800G 高速交换机营收较 2024 全年增长近三倍。公司通过深化合作与优化产品 结构，巩固了在核心客户群体的市场份额，进一步夯实了公司在全球高性能计算及 AI 基础设施领域的 竞争力。同时，公司通过持续扩大全球产能布局版图，深度整合产业链资源，有效强化了公司产能交付 的优势。 格隆汇8月10日丨工业富联(601138.SH)披露2025 年半年度报告，2025年上半年，公司实现营业收入 3,607.60 亿元，同比增长 35.58%；实现归属于母公司所有者的净利润121.13 亿 ...

（文章来源：每日经济新闻） 工业富联8月10日晚间发布公告称，公司第三届第二十五次董事会会议于2025年8月8日在深圳市富士康 龙华园区会议室以现场结合通讯方式召开。会议审议了《富士康工业互联网股份有限公司2025年半年度 报告》等文件。 ...

风险提示及免责条款 工业富联上半年营收3,607.6亿元，同比增长35.58%；归属于上市公司股东的净利润121.1亿元，同比增 长38.61%。 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资，责任自负。 ...