Overview
- FII reported full‑year revenue of RMB 902.87 billion, up 48.22%, with net profit rising 51.99% to RMB 352.86 billion.
- Cloud computing revenue reached RMB 602.79 billion, an 88.70% increase that made the segment the company’s primary growth engine.
- AI server sales to cloud providers grew by more than threefold, while products tied to GPU and ASIC solutions also expanded rapidly.
- Networking strength intensified as 800G‑plus switches posted revenue growth of about 13 times year on year.
- The board proposed a cash dividend of RMB 6.5 per 10 shares, totaling RMB 194.51 billion with a 55.12% payout ratio, alongside guidance highlighting supply‑chain risks and plans to advance 1.6T switches and CPO technology.