Foxconn Industrial Internet refutes rumors, affirms strong Q4 outlook

Foxconn Industrial Internet Co., Ltd. (SSE:601138) announced resolutions from its Second Extraordinary General Meeting of Shareholders for 2025, held on November 24, 2025. Shareholders approved four key proposals, including the cancellation of the Supervisory Committee and revisions to the Articles of Association, amendments to the Rules of Procedure for the General Meeting of Shareholders, and revisions to the Rules of Procedure for the Board of Directors Meeting. Additionally, the company's 2025 half-year profit distribution plan was passed.

Concurrently, Foxconn Industrial Internet issued a clarification announcement on November 25, 2025, to address recent market rumors. The company stated that allegations of "lower fourth-quarter performance targets" and "business model adjustments for major clients on L10/L11" are untrue. It affirmed that fourth-quarter operations, including shipments of GB200 and GB300 products, are proceeding as planned, with sustained customer demand and no received requests for business model adjustments, reduced shares, or price cuts from major clients.

The company also confirmed it has not lowered its fourth-quarter profit targets and is progressing with next-generation product development with clients as scheduled. All information provided by the company is based on official disclosures through designated media, cautioning investors to rely on these sources for accurate information.