On the afternoon of March 23, the annual ceremony of Foxconn Industrial Internet (Fii) was held in Zhengzhou Airport Economy Zone.
Being at the forefront of smart manufacturing and industrial internet services, Foxconn Industrial Internet (Fii, stock code: SH 601138) is committed to the "data-driven, sustainable development" strategy. Fii's business scope encompasses the full spectrum of the five major categories within the digital economy: cloud and edge computing, industrial internet, smart home solutions, 5G and network communication equipment, as well as smart mobile devices and wearables. Fii boasts significant advantages in terms of products, technology, and a strong global market presence.
After its 2018 IPO, Fii has actively seized the growth opportunities presented by digital economy infrastructure. This drive has led to high-quality development in its core businesses of "advanced smart manufacturing + industrial internet", fostering continuous innovation in product technology and achieving steady performance growth. Benefiting from the strong growth in AI computing power demand driving the enhancement of the company's profitability, Fii achieved a full-year revenue of 476.34 billion yuan in 2023, reaching the second-highest level in history. The net profit attributable to the parent company was 21.04 billion yuan, a year-on-year increase of 4.8%, while the non-GAAP net profit was 20.21 billion yuan, a year-on-year increase of 9.8%, reaching a historical high.
Since its establishment in Zhengzhou Airport Economy Zone, Fii has continuously injected strong driving force into local economic growth, helping Foxconn's Zhengzhou Science and Technology Park achieve a new high in output value in 2023, with twelve consecutive increases. At the same time, as a global leader in industrial internet and technology services, Fii is also an important promoter of the transformation of Henan's manufacturing industry. In 2021, the Zhengzhou Park became the first global "WEF Lighthouse Factory" in Henan, serving as a demonstration enterprise for "Industry 4.0" and "digital manufacturing". The company is also continuously enhancing external empowerment efforts to help more Henan enterprises achieve high-quality development.
In addition, Fii actively takes on social responsibility and gives back to society through tangible actions. In 2021, when Zhengzhou was hit by heavy rainstorms, Fii, on behalf of the Foxconn Group, donated one hundred million RMB to support disaster relief efforts and post-disaster reconstruction in Henan. In terms of supporting education, Fii allocates dedicated funds annually at its factories in Jiyuan, Lankao, Hebi, and other areas to support the development of local education initiatives.
Currently, Henan is thoroughly implementing the spirit of the 20th National Congress of the Communist Party of China, anchoring the "two assurances" and deeply implementing the "Ten Major Strategies". With a spirit of "sprinting and fighting at the beginning", Henan is striving in economic development, project implementation, and development promotion to enhance the quality, efficiency, and speed of economic development.
As a representative enterprise of new quality productive forces, Fii continues to promote innovative development and remains steadfast in its development strategy of "deeply cultivating China and expanding globally", which aligns closely with Henan's "Ten Major Strategies". Looking ahead, Fii will promote industrial upgrading with scientific and technological innovation and contribute more to the vigorous development of the regional economy. (Chinese source: Henan Daily Reporter: Yang Ling and Zhao Tongzeng Tanslator/Proofreader: Yang Jiaxin and Zhang Qingbin)
