REG - Hon Hai Prec.Ind.Co - Subsidiary acquires real estate use rights assets

Hon Hai Precision Industry CoAnnouncement

02/07/2025 11:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250702:nRSB4292Pa&default-theme=true

RNS Number : 4292P  Hon Hai Precision Industry Co Ld  02 July 2025

Subject: Subsidiary, Ingrasys Technology Inc. acquisition right-of-use assets
of factory building

Date of events:2025/07/02

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):

Right-of-use asset for the factory located at No. 11, Hangxiang Road, Dayuan
District, Taoyuan City (Floors 1-8).

2.Date of occurrence of the event:2025/07/02

3.Date of the board of directors resolution:2025/06/30

4.Other approval date: NA

5.Transaction unit amount (e.g. XX square meters, equivalent to XX ping), unit
price, and total transaction price:

(1) Lease of Floors 1-4:

Transaction volume: 4,803.41 ping

Monthly rental price per unit: NT$1,050/ping

Total contract rent and management fee: NT$337,336,609

Right-of-use asset amount: NT$320,764,147

(2) Lease of Floors 5-8:

Transaction volume: 5,042.76 ping

Monthly rental price per unit: NT$1,050/ping

Total contract rent and management fee: NT$354,145,815

Right-of-use asset amount: NT$336,747,535

Total right-of-use asset amount: NT$657,511,682

6.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of the
Company, the name of the trading counterparty is not required to be
disclosed):

Farglory Free Trade Zone Co., Ltd.; None

7.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: Group resource integration; NA

8.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

9.Projected gain (or loss) through disposal (not applicable for acquisition of
assets; those with deferral should provide a table explaining recognition):NA

10.Terms of delivery or payment (including payment period and monetary
amount), restrictive covenants in the contract, and other important terms and
conditions:

(1) Floors 1-4: Lease term is 60 months; total contract rent and management
fee is NT$337,336,609.

(2) Floors 5-8: Lease term is 60 months; total contract rent and management
fee is NT$354,145,815.

11.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the decision
on price, and the decision-making unit:

Negotiation ; market price ; Board of director

12.Name of the professional appraisal firm or company and its appraisal price:

Zhonghua Asset Appraisal Co., Ltd., Shanghai Floors 1-4:
NT$329,802,100；Floors 5-8: NT$347,345,300

13.Name of the professional appraiser: Zuo Ying-Hao、Li Rong

14.Practice certificate number of the professional appraiser:

Zuo Ying-Hao: 31000515; Li Rong: 46170007

15.The appraisal report has a limited price, specific price, or special price:
No

16.An appraisal report has not yet been obtained: No

17.Reason for an appraisal report not being obtained: NA

18.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA

19.Name of the CPA firm: NA

20.Name of the CPA:NA

21.Practice certificate number of the CPA:NA

22.Broker and broker's fee: None

23.Concrete purpose or use of the acquisition or disposal: operational needs

24.Any dissenting opinions of directors to the present transaction: None

25.Whether the counterparty of the current transaction is a related party: NO

26.Date of ratification by supervisors or approval by the audit committee: NA

27.The transaction is to acquire a real property or right-of-use asset from a
related party: NO

28.The price assessed in accordance with the Article 16 of the Regulations
Governing the Acquisition and Disposal of Assets by Public Companies: NA

29.Where the above assessed price is lower than the transaction price, the
price assessed in accordance with the Article 17 of the same regulations: NA

30.Date on which material information regarding the same event has been
previously released: NA

31.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  MSCUPUQPMUPAGUP