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Hon Hai Prec.Ind.Co (HHPD)

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Wednesday 30 March, 2016

Hon Hai Prec.Ind.Co

Company announces indirect PRC investment

RNS Number : 5692T
Hon Hai Precision Industry Co Ld
30 March 2016
 

Subject: Company announces indirect PRC investment

Date of occurrence of the event:2016/03/30

No.1

Contents:

1.Method of the present increase (decrease) in investment:

The Company invests in HONGFUJIN PRECISION INDUSTRY(ZHENGZHOU)

Co.Limited via increasing investment in Foxconn (Far East) Limited-Cayman, one of the Company's subsidiary, that invests in Best Behaviour Holdings Limited that invests in China Galaxy Enterprises Limited

2.Transaction volume, price per unit, and total monetary

  amount of the transaction: USD1,500,000,000

3.Company name of the invested mainland Chinese company:

HONGFUJIN PRECISION INDUSTRY (ZHENGZHOU) CO., LTD.

4.Main business items of said invested mainland Chines company:

  Mobile phone

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

  Long Term Investment

 

No.2

Contents:

1.Method of the present increase (decrease) in investment:

The Company invests in Lankao Yuzhan Precision Technology Co.LTD.via increasing investment in Foxconn (Far East) Limited-Cayman,one of the Company's subsidiary, that invests in Best Behaviour Holdings Limited that invests in China Galaxy Enterprises Limited

2.Transaction volume, price per unit, and total monetary

  amount of the transaction: USD 100,000,000

3.Company name of the invested mainland Chinese company:

Lankao Yuzhan Precision Technology Co., LTD.

4.Main business items of said invested mainland Chines company:

  Research , development , production, and sales of optical lens, glass product, and metal parts.

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

  Long Term Investment

 

No.3

Contents:

1.Method of the present increase (decrease) in investment:

The Company invests in Lankao Yude Packaging Technology Co.LTD.via increasing investment in Foxconn (Far East) Limited-Cayman,one of the Company's subsidiary, that invests in Best Behaviour Holdings Limited that invests in New Wealth Industrial Limited-HK

2.Transaction volume, price per unit, and total monetary

  amount of the transaction: USD 12,000,000

3.Company name of the invested mainland Chinese company:

Lankao Yuzhan Precision Technology Co., LTD.

4.Main business items of said invested mainland Chines company:

  Production and sales of cardboard boxes, printed printed boxes, and packing boxes

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

  Long Term Investment

 

No.4

Contents:

1.Method of the present increase (decrease) in investment:

The Company invests in HONG FU ZHUN PRECISION INDUSTRY (SHENZHEN) Co.Limited via increasing investment in Foxconn (Far East) Limited-Cayman,one of the Company's subsidiary, that invests in Ci Fu

Technology Holding Limited that invests in Metro Victory LimitedLimited

2.Transaction volume, price per unit, and total monetary

  amount of the transaction: USD10,000,000

3.Company name of the invested mainland Chinese company:

HONG FU ZHUN PRECISION INDUSTRY (SHENZHEN)  Co., Ltd.

4.Main business items of said invested mainland Chines company:

  Production and sales of cardboard boxes, printed printed boxes, and packing boxes

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

  Long Term Investment

 

 

No.5

Contents:

1.Method of the present increase (decrease) in investment:

The Company increases investment to Lyell International Limited,via the distribution of retained earnings from Hong Fu Tai Tooling (Yan Tai) Co., Ltd.

2.Transaction volume, price per unit, and total monetary

  amount of the transaction: USD 30,000,000

3.Company name of the invested mainland Chinese company:

Hong Fu Tai Tooling (Yan Tai) Co., Ltd.

4.Main business items of said invested mainland Chines company:

  Intelligence robot

5.The manner of deciding on this transaction, the reference basis for the decision on price and the decision-making department: Board of Directors

6.Concrete purpose of the acquisition or disposal:

  Long Term Investment

 

 


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