Picture of Hon Hai Precision Industry Co logo

HHPD Hon Hai Precision Industry Co News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyAdventurousLarge CapContrarian

REG - Hon Hai Prec.Ind.Co - Announcement of obtaining PRC Investment

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250627:nRSa8151Oa&default-theme=true

RNS Number : 8151O  Hon Hai Precision Industry Co Ld  27 June 2025

Subject: Announcement of obtaining PRC Investment

Date of events:2025/06/27

Contents:

1.Date of occurrence of the event:2025/06/27

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

(1)Through investment activities in mainland China, Futaihua Industrial
(Shenzhen) Co., Ltd. increased capital

(2)Purchase of equity and complete payment: The company transferred the
registered capital of Kore Semiconductor Co., Ltd.. held by Champion
JoyCo.,LTD through the mainland investment enterprise Futaihua
Industrial(Shenzhen) Co., Ltd. and complete the actual payment.

3.Date of the board of directors resolution:2025/06/27

4.Other approval date: Na

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

Cash capital increase: RMB 100,000,000

Purchase of equity and complete payment: RMB 131,945,800

Total transaction amount: RMB 231,945,800

6.Company name of the mainland Chinese investee:

Kore Semiconductor Co., Ltd.

7.Paid-in capital of aforementioned mainland Chinese investee:

RMB 558 million

8.Amount of capital increase currently planned for the aforementioned mainland
Chinese investee:

RMB 50 million

9.Main businesses of the aforementioned mainland Chinese investee:

Engage in semiconductor wafer bumping and carrier board processing business

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 19.7038 million

12.Amount of profit/loss of the aforementioned mainland Chinese investee in
the latest annual financial statements:

RMB -200.292 million

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

USD 22,408,845

14.Trading counterparty and its relationship with the Company:

Cash investment is not applied;Equity method investee companies

Champion Joy Co.,LTD;None

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:

Capital increase;Not applicable.

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:

The delivery of this transaction shall proceed only after the fulfillment

of preconditions of the transaction (including but not limited to

obtaining relevant regulatory approvals)

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

Negotiate;

Market condition;

Board of Directors

20.Broker:None

21.Concrete purpose of the acquisition or disposal:

Long-term strategic 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:2025/06/27

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

USD12,508,095,785.33

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:295.24%

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:11.29%

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:24.93%

29.Total amount of actual investment in mainland China, up to the present
moment:USD11,810,883,746.88

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:278.78%

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:10.66%

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:23.54%

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

2022: NTD 173,959,823,000

2023: NTD 177,728,405,000

2024: NTD 191,550,696,000

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: No

36.Name of the CPA firm: Shandong Guanda Certified Public Accountants CO.LTD

37.Name of the CPA: Liu Shunxian, Sun Qiang

38.Practice certificate number of the CPA:

Liu Shunxian: 370500050007, Sun Qiang: 370600310013

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCEADKXAFLSEFA

Recent news on Hon Hai Precision Industry Co

See all news