Is Industrial Fii a technology stock?

This year, the country has attached great importance to the development of science and technology and increased investment in scientific research. Therefore, the stock prices of technology stocks have mostly shown a steady growth trend. Foxconn has also increased investment in scientific research in recent years. It has more than 3,000 patents alone. Industrial Internet and industrial artificial intelligence are both at the national leading level, so Industrial Fii is a technology stock.

1. Industrial Fii generally refers to Foxconn Industrial Internet Co., Ltd. Foxconn Industrial Internet Co., Ltd. was established on March 6, 2015, and its legal representative is Li Junqi. On June 8, 2018, Foxconn Industrial Internet was listed on the Shanghai Stock Exchange. On May 13, 2020, as one of the first proponents, the "Digital Transformation Partnership Action" initiative was launched with the National Development and Reform Commission and others. The company is mainly engaged in industrial Internet technology research and development, communication system research and development, enterprise management services, and is engaged in the import and export of electronic products and their spare parts and related supporting businesses (not involving state-owned trade management commodities, involving quota, license management and the management of special user regulations products, application shall be handled in accordance with relevant national regulations), etc.

2. The so-called technology stocks, simply put, refer to the stocks of companies whose products and services have high technical content and are in a leading position in the industry. For example, companies engaged in the service and production of telecommunications services, telecommunications equipment manufacturing, computer software and hardware, new materials, new energy, aerospace, cable digital television, and biomedical products are generally called technology industries. Technology stocks are a classification system based on the information technology and telecommunications industry classifications. Technology stocks have higher performance and room for growth. From a macro perspective, the international financial crisis has bottomed out, but a full recovery will take time. To completely get out of the predicament, economic structural adjustment must be carried out, and science and technology is an inevitable means to achieve economic structural adjustment.

To sum up, Fii Industrial is a technology stock. If you want to invest in it, you can check the development of the company and make a decision.