Obtaining Shares in Subsidiaries

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ltd announced on August 12, 2026, a series of long-term investments totaling USD 477 million, primarily through capital increases in subsidiary companies. These investments include USD 188 million for Foxconn Assembly Holding Corporation shares, USD 114 million for Foxconn EV Energy & Component (Vietnam) Co., Ltd. shares, USD 117 million for Competition Team Technology (Vietnam) Company Limited shares, and USD 57 million for eCMMS Precision Singapore Pte. Ltd. shares. Additionally, NTD 1,048,000,000 was invested in FuKang Technology Company Limited. These transactions, funded by private capital, are considered related party transactions and are part of the company's strategy to increase its shareholding in these entities, with the overall securities investment ratio to total assets at 15.70% and to owners' equity at 31.91%.

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