REG - Hon Hai Prec.Ind.Co - Subsidiary obtaining & disposing shares

Hon Hai Precision Industry CoAnnouncement

25/04/2025 12:15

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RNS Number : 2642G  Hon Hai Precision Industry Co Ld  25 April 2025

No:1

Subject: Disposal of Mainland China Investment Business FIH Precision
Electronics (LangFang) Co., Ltd.

Date of events:2025/04/25

Contents:

1.Date of occurrence of the event:2025/04/25

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

The Company's subsidiary in the Cayman Islands, EXECUSTAR INTERNATIONAL
LIMITED, sold its 62.15% equity interestin FIH Precision Electronics
(LangFang) Co.,Ltd. an investment business in mainland China

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

RMB 2,190,650,000

4.Company name of the mainland Chinese investee:

FIH Precision Electronics (LangFang) Co.,Ltd.

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

RMB 3,156,870,000

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

7.Main businesses of the aforementioned mainland Chinese investee:

Manufacturing of mobile phones, tablets and other electronic products

8.Type of CPA opinion in the latest annual financial statements of the
aforementioned mainland Chinese investee: Unqualified opinion

9.Total equity of the aforementioned mainland Chinese investee in the latest
annual financial statements: RMB 3,183,340,000

10.Amount of profit/loss of the aforementioned mainland Chinese investee in
the latest annual financial statements: Loss of RMB 342,340,000

11.Amount of actual investment in the aforementioned mainland Chinese
investee, up to the present moment: USD 213,352,200

12.Trading counterparty and its relationship with the Company:

Shenzhen Futaihong Precision Industry Co., Ltd.；

Affiliated Companies

13.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:

Reasons for selecting related persons as transaction targets: Adjustment of
equity structure

Owner of previous transfer: Cash capital increase not applicable

Relationship between the previous transfer owner and the company

and transaction counterparty: Parent-subsidiary company

Last transfer date and amount:

2007/04/23~2007/11/23、RMB747,770,000；

2010/06/30~2010/11/11、RMB882,530,000；

2011/05/19~2011/05/20、RMB422,390,000

14.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:

The date and price of acquisition:

2007/04/23~2007/11/23、RMB747,770,000；

2010/06/30~2010/11/11、RMB882,530,000；

2011/05/19~2011/05/20、RMB422,390,000

 Relationship with the Company at the time of the transaction: Not applicable

15.Profit (or loss) upon disposal:USD9,680,000

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

Delivery in accordance with the equity transfer agreement

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

Transaction decision method: Negotiation

Reference for price determination: Based on market conditions

Decision-making unit: Agreement of the board of directors

18.Broker:NA

19.Concrete purpose of the acquisition or disposal: Adjusting the equity
structure

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

21.Whether the counterparty of the current transaction is a related party: Yes

22.Date of the board of directors resolution: 2025/04/25

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

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

USD 12,265,137,589.26

25.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:289.51%

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 total assets on the latest financial statements:11.08%

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 equity attributable to owners of the parent on the latest financial
statements:24.45%

28.Total amount of actual investment in mainland China, up to the present
moment: USD 11,797,469,669.81

29.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:278.47 %

30.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:10.65%

31.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:23.51%

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

2022 year: NT$173,959,823,000

2023 year: NT$177,728,405,000

2024 year: NT$191,550,696,000

33.Amount of profit remitted back to Taiwan for the last three years: None

34.Whether the CPA issued an unreasonable opinion regarding the current
transaction: No

35.Name of the CPA firm: Wu Linfang Accounting Firm

36.Name of the CPA: Wu Linfang

37.Practice certificate number of the CPA:

Financial-Supervisory-Securities-corporate-8264

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

 

No:2

Subject: Subsidiary Shenzhen Futaihong Precision Industry Co., Ltd. announces
acquisition of equity in FIH Precision Electronics (LangFang) Co., Ltd.

Date of events:2025/04/25

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.):FIH Precision Electronics (LangFang) Co., Ltd. shares

2.Date of occurrence of the event:2025/04/25

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

Total monetary amount of the transaction: RMB 2,190,650,000

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):EXECUSTAR INTERNATIONAL LIMITED ; parent-subsidiary company

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:

Adjustments of equity structure；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):NA

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions: Delivery in accordance with the equity transfer agreement

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:

The manner of deciding on this transaction: Negotiation

The reference basis for the decision on price:

According to market conditions

The decision-making unit: Board of director

11.Net worth per share of the Company's underlying securities acquired or
disposed of: Not applicable

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:

Heir monetary amount: RMB 3,294,824,000

Shareholding percentage:100%

Status of any 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:

Proportion of total assets:0.41%

Proportion of owner's equity:0.92%

The amount of working capital:NT$-252,428,890,000

14.Broker and broker's fee: Not applicable

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

Long Term Investment

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

17.Whether the counterparty of the current transaction is a related party: Yes

18.Date of the board of directors resolution: 2025/04/25

19.Date of ratification by supervisors or approval by the Audit Committee:
Republic of China year 2025/04/25

20.Whether the CPA issued an unreasonable opinion regarding the current
transaction: No

21.Name of the CPA firm: ATAX Accounting Firm

22.Name of the CPA: Danny Cheng

23.Practice certificate number of the CPA:

Financial-Supervisory-Securities-corporate-5720

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: Own funds

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

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