Company announces indirect PRC investment

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced an indirect investment of USD 15,000,000 into Fu Yu Electronics Technology (Huaian) Co., Ltd., a mainland Chinese subsidiary engaged in manufacturing connectors and cables. This investment is being made by increasing capital in Foxconn Interconnect Technology Singapore Pte. Ltd., a parent company. The investee's paid-in capital is USD 301,200,000, and its latest annual financial statements show total equity of RMB 3,367,216,120.63 and a profit of RMB 363,063,150.71. The company's total approved investment in mainland China, including this transaction, now stands at USD 12,533,243,904.33, representing 10.08% of its total assets.

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Hon Hai Precision Industry Co Ld
31 March 2026
 

Subject: Company announces indirect PRC investment

Contents:

1.Date of occurrence of the event:2026/03/31

2.Method of the current increase (decrease) in investment:

The company Invests In Fu Yu Electronics Technology (Huaian) Co., Ltd. Via increasing investment in Foxconn Interconnect Technology Singapore Pte. Ltd.

3.Date of the board of directors resolution:2026/03/31

4.Other approval date:NA

5.Amount, unit price, and total monetary amount of the transaction: USD 15,000,000

6.Company name of the mainland Chinese investee: Fu Yu Electronics Technology (Huaian) Co., Ltd.

7.Paid-in capital of aforementioned mainland Chinese investee: USD 301,200,000

8.Amount of capital increase currently planned for the aforementioned mainland Chinese investee: USD 15,000,000

9.Main businesses of the aforementioned mainland Chinese investee: Manufacturing of Connectors and Cables

10.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee: Unqualified opinion

11.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements: RMB 3,367,216,120.63

12.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements: RMB 363,063,150.71

13.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment: USD 291,613,500

14.Trading counterparty and its relationship with the Company: Cash investment is not applied; parent and subsidiary companies

15.Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: Cash investmentNA

16.Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: NA

17.Profit (or loss) upon disposal: NA

18.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: None

19.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making unit: Board of Directors

20.Broker: None

21.Concrete purpose of the acquisition or disposal: Long Term Investment

22.Any dissenting opinions of directors to the present transaction: None

23.Whether the counterparty of the current transaction is a related party: Yes

24.Date of ratification by supervisors or approval by the Audit Committee: NA

25.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment: USD 12,533,243,904.33

26.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:279.85%

27.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:10.08%

28.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:22.04%

29.Total amount of actual investment in mainland China, up to the present moment: USD 11,810,883,746.88

30.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:263.72%

31.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:8.50%

32.Ratio of the total amount of actual investment in mainland China, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:20.77%

33.Amount of recognized profit (loss) on investment in mainland China for the last three years:

2023NTD 177,728,405,000;

2024NTD 191,550,696,000;

2025NTD 246,455,566,000

34.Amount of profit remitted back to Taiwan for the last three years: None

35.Whether the CPA issued an unreasonable opinion regarding the current transaction: NA

36.Name of the CPA firm: NA

37.Name of the CPA:NA

38.Practice certificate number of the CPA:NA

39.Date on which material information regarding the same event has been previously released: NA

40.Any other matters that need to be specified: None

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