REG - Hon Hai Prec.Ind.Co - Subsidiary disposing Shenzhen Hengdrive shares

Hon Hai Precision Industry CoAnnouncement

22/04/2025 11:00

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RNS Number : 6815F  Hon Hai Precision Industry Co Ld  22 April 2025

Company code:2317

No:1

Subject: Announcement on Disposing of Equity in Shenzhen Hengdrive Electric
Co.,Ltd. on behalf of Subsidiary Fulian Yuzhan Technology (Shenzhen) Co., Ltd.

Date of events:2025/04/22

Contents:

1.Name and nature of the underlying assets (if preferred shares, the terms and
conditions of issuance shall also be indicated, e.g., dividend yield,
etc.):Shenzhen Hengdrive Electric Co.,Ltd. shares

2.Date of occurrence of the event:2025/04/22

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

Totall momentary amount: RMB 351,498,000

4.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):

Kunli (Shenzhen) Financial Consulting Enterprise (Limited
Partnership),Kunsheng (Shenzhen) Financial Consulting Enterprise (Limited
Partnership),Guangzhou Suikai Zhizao Equity Investment Partnership (Limited
Partnership),Guangzhou Guangkai Zhixing Equity Investment Partnership (Limited
Partnership),Qianhai Ark (Dongguan) Electronic Information Industry Venture
Capital Fund (Limited Partnership),Qianhai Ark Asset Management Co.,
Ltd,Guangzhou Yuanjian Innovation Technology Venture Capital Fund Partnership
Enterprise (Limited Partnership),Guangdong Lvtong Industrial Investment Fund
Partnership Enterprise (Limited Partnership),Xiamen Juke Venture Capital Fund
Partnership (Limited Partnership)； None

5.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 :Na

6.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

7.Matters related to the current disposal of creditors' rights (including
types of collaterals of the disposed creditor's rights; if creditor's rights
over a related party, announcement shall be made of the name of the related
party and the book amount of the creditor's rights, currently being disposed
of, over such related party):Na

8.Profit or loss from the disposal (not applicable in cases of acquisition of
securities) (those with deferral should provide a table explaining
recognition):Profit of RMB 22.38 million

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions :None

10.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:

Manner of deciding on: Negotiation

Reference basis for transaction price: Market situation

Decision-making unit: Approval from the Board of Directors

11.Net worth per share of the Company's underlying securities acquired or
disposed of: Na

12.Cumulative no.of shares held (including the current transaction), their
monetary amount, shareholding percentage, and status of any restriction of
rights (e.g., pledges), as of the present moment:

Cumulative monetary amount held:0

Shareholding percentage:0%

Restriction of rights: None

13.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:

Ratio to total assets:0.1677%;

Ratio to owners'equity:0.3702%;

Operating Capital:NTD-252,428,890,000

14.Broker and broker's fee: None

15.Concrete purpose or use of the acquisition or disposal:

Realize investment benefits

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

17.Whether the counterparty of the current transaction is a related party: No

18.Date of the board of directors resolution:2025/04/22

19.Date of ratification by supervisors or approval by the Audit Committee: NA

20.Whether the CPA issued an unreasonable opinion regarding the current
transaction: None

21.Name of the CPA firm: RSM China CPA LLP Shenzhen Branch

22.Name of the CPA: Ping Li

23.Practice certificate number of the CPA:510100290522

24.Whether the transaction involved in change of business model: No

25.Details on change of business model: Na

26.Details on transactions with the counterparty for the past year and the
   expected coming year: Na

27.Source of funds: private capital

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

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