Subsidiary obtaining Shares

Summary by AI BETAClose X

Hon Hai Precision Industry Co Ld announced that its subsidiary, HongFuJin Precision Electronics (ZhengZhou) Co., Ltd., has acquired shares in HeNan HongChuang Technology Co., Ltd. for a total transaction amount of RMB 1,500,000,000, representing a 75% shareholding. This acquisition is intended for long-term investment and is funded by private capital. The transaction constitutes 1.17% of the company's total assets and 2.60% of its owners' equity, with the company reporting operating capital of NTD-252,428,890,000.

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