REG - Hon Hai Prec.Ind.Co - Announcement on behalf of subsidiary FII

Hon Hai Precision Industry CoAnnouncement

Tue 13:30

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RNS Number : 6671G  Hon Hai Precision Industry Co Ld  29 April 2025

No.1

Subject: The Board of Directors of subsidiary, Foxconn Industrial Internet
Co., Ltd. Proposes distribution of profits

Date of events:2025/04/29

Contents:

1.Date of the board of directors resolution:2025/04/29

2.Type and monetary amount of dividend distribution:

Cash dividends ; RMB 6.4 (including tax) cash dividend per 10 shares

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

 

 

No.2

Subject: Subsidiary, Foxconn Industrial Internet Co., Ltd. approval of changes
to investment projects with some raised funds

Date of events:2025/04/29

Contents:

1.Date of the board of directors resolution for the change:2025/04/29

2.Effective registration date of the original plan: NA

3.Resolution date of additional issuance of the original plan: NA

4.Reason for the change:

Based on the principle of prudence and the principle of rational utilization
of raised funds, in order to further improve the utilization efficiency of
raised funds, the company plans to terminate the "High-performance Computing
Data Center Construction Project", and the remaining raised funds for the
project are intended to be used for the construction of the " Research and
Development Center Project for Precision Structural Components of the New
Generation of Smartphones".

5.Content of each and every successive previously changed plan for raising of
funds before and after change:

(1) The net amount of funds raised through the company's Initial Public
Offering (IPO) is RMB 26.716 billion, which is invested in the directions of
smart manufacturing and industrial internet.

(2) This adjustment mainly involves terminating the "High-performance
Computing Data Center Construction Project", and the remaining raised funds
for this project are intended to be used for the construction of the "R&D
Center Project for Precision Structural Components of the New Generation of
Smartphones". The planned investment amount of raised funds for the "R&D
Center Project for Precision Structural Components of the New Generation of
Smartphones" is RMB 725.65 million.

6.Projected timetable for execution:

It is expected to be completed on December 31, 2026.

7.Projected completion date: December 31, 2026.

8.Projected possible benefits:

This project will conduct in-depth development in aspects such as the fine
quality feel of precision structural components, lightweight design,
environmentally friendly processes, folding processes, intelligent detection,
etc. This project can attract more top-notch technical talents for the
company, enhance its R&D and innovation capabilities, contribute to the
formation of a continuous innovation mechanism, and consolidate the company's
leading position in the industry.

9.Difference from original projected benefits: None

10.Effect of the current change on shareholder equity:

The change of some investment projects using raised funds this time is an
adjustment made by the company in light of the changes in the external
business environment, the requirements of the company's strategic development,
and the objective needs of the implementation of the investment projects using
raised funds. It is conducive to the company's better ensuring the smooth
implementation and stable operation of the investment projects using raised
funds, and has no significant impact on the rights and interests of
shareholders.

11.Abstract of the original lead underwriter's appraisal opinion:

The former sponsor, China International Capital Corp, believes that the
adjustments changes made to this portion of the raised investment project are
necessary adaptations by the company in response to changes in the external
operating environment, strategic development requirements, and the objective
needs of implementing the raised investment projects. These adjustments aim to
better ensure the smooth implementation and stable operation of the raised
investment project, while also serving the interests of the company and all
shareholders. The modifications to the company's raised investment projects
have been carefully considered and approved by the board of directors and the
board of supervisors. While the submission for approval at the company's 2024
annual shareholders' meeting is still pending, the procedures adhere to
relevant regulations governing the management of raised funds for listed
companies. Therefore, the sponsor underwriter has no objection to the
company's project changes .

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

 

 

No.3

Subject: Subsidiary, Foxconn Industrial Internet Co.,Ltd., announces 2024
Regular Shareholders' Meeting

Date of events:2025/04/29

Contents:

1.Date of the board of directors' resolution:2025/04/29

2.Shareholders meeting date: NA

3.Shareholders meeting location: It will be announced after confirmed.

4.Cause for convening the meeting (1)Reported matters:It will be announced
after confirmed.

5.Cause for convening the meeting (2)Acknowledged matters:It will be announced
after confirmed.

6.Cause for convening the meeting (3)Matters for Discussion:It will be
announced after confirmed.

7.Cause for convening the meeting (4)Election matters:It will be announced
after confirmed.

8.Cause for convening the meeting (5)Other Proposals:It will be announced
after confirmed.

9.Cause for convening the meeting (6)Extemporary Motions:It will be announced
after confirmed.

10.Book closure starting date:NA

11.Book closure ending date:NA

12.Any other matters that need to be specified:

Shareholders meeting date will be announced after confirmed.

 

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