（文章来源：证券日报） 证券日报网12月4日讯博杰股份在12月3日回答调研者提问时表示，公司前三季度营收结构大概是传统 3C业务占40%多，AI服务器业务占20%多，汽车电子业务占20%多，MLCC业务占约20%，其中MLCC 业务从去年开始市场需求回暖。今年比较大的增长点是AI服务器和汽车电子的设备需求，其中，AI服 务器第三季度单季度确认了1亿多营收，跟上半年差不多。汽车电子业务主要利润贡献是来自B客户， 预计占汽车电子业务的70%左右。 ...

Core Insights - Industrial Fulian's stock price reached a record high on July 31, closing up 6.04% with a market capitalization of 687.3 billion yuan, reflecting a cumulative increase of over 60% since July [1] - On the same day, the company announced a cash dividend of 6.4 yuan per 10 shares, totaling 12.7 billion yuan, with a dividend yield close to 2%, indicating strong market confidence in its intrinsic value despite the large dividend payout [1] - The impressive market performance in July was driven by a strong earnings forecast, with expected net profit for Q2 between 6.727 billion yuan and 6.927 billion yuan, representing a year-on-year increase of 47.72% to 52.11% [1] Financial Performance - Historical analysis shows that Industrial Fulian's mid-year profits have shown significant growth, with projected net profits of 6.727 billion yuan in 2021, 6.872 billion yuan in 2022, 7.161 billion yuan in 2023, and 8.739 billion yuan in 2024, indicating a steady upward trend [2] - For the full year of 2024, the company expects total revenue of 609.135 billion yuan, a year-on-year growth of 27.88%, and a net profit of 23.216 billion yuan, reflecting a 10.34% increase [2] - The growth in 2024 is primarily driven by the cloud computing segment, which is projected to generate 319.377 billion yuan in revenue, a year-on-year increase of 64.37%, surpassing 50% of the company's total revenue for the first time [2] Business Segment Analysis - The cloud computing business is identified as the core profit driver, with estimated revenue exceeding 200 billion yuan in the first half of the year, including nearly 100 billion yuan from AI server sales [2] - In contrast, the telecommunications and mobile segment showed slower growth, with projected revenue of 287.899 billion yuan in 2024, reflecting only a 3.2% increase compared to the previous year [2]