Industrial Fulian (601138.SH): Net profit in 2025 is expected to increase by 51.99% year-on-year, with a proposed dividend of 6.5 yuan per 10 shares

Gelonghui, March 10 — Industrial Fulian (601138.SH) released its 2025 annual report. During the reporting period, the company achieved operating revenue of 902.887 billion yuan, a year-on-year increase of 48.22%; net profit attributable to shareholders of the listed company was 35.286 billion yuan, a year-on-year increase of 51.99%. The company plans to distribute a cash dividend of 6.5 yuan (tax included) for every 10 shares to all shareholders, totaling 12.901 billion yuan in cash dividends (tax included). The total cash dividends for this year amount to 19.451 billion yuan, accounting for 55.12% of the net profit attributable to shareholders of the listed company for the year.

In 2025, the company’s cloud computing business continued to improve profitability, with a significant increase in AI-related business share, becoming an important driver of performance growth. During the reporting period, cloud computing revenue reached 602.679 billion yuan, a year-on-year increase of 88.70%, becoming a key engine for the company’s business growth. During the period, AI server revenue for cloud service providers increased more than threefold year-on-year, with products related to GPU and ASIC solutions achieving rapid growth, further consolidating the company’s leading position in the global AI server market.