REG - Hon Hai Prec.Ind.Co - Subsidiary obtaining shares and Fund

Hon Hai Precision Industry CoAnnouncement

13/03/2024 09:45

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RNS Number : 6877G  Hon Hai Precision Industry Co Ld  13 March 2024

No:1

Subject: Subsidiary HonYuan International Investments Co., Ltd. obtaining
PowerX Semiconductor Corporation shares

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.):
PowerX Semiconductor Corporation；common shares

2.Date of occurrence of the event:2023/05/08~2024/03/13

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

Transaction quantity: no more than 340,560,000 shares

Price per unit: average approximately NT$2.05

Total transaction amount: no more than NT$696,960,000

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):Cash investment is not applied; parent and subsidiary companies

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:Cash increase;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: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:

Subscription is by way of cash capital increase; According to the current

issuance price per share approved by the board of directors resolution on

March 13, 2024;According to authorization of the Company and Directors agree

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 no. of shares held:no more than340,560,000 shares

Cumulative monetary amount held:no more thanNTD 696,960,000

Shareholding percentage:no more than 99%

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:0.10%, ratio to shareholder's equity:0.24%

Operating Capital:NTD-183,067,522,000

14.Broker and broker's fee:None

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:2024/03/13

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:No

21.Name of the CPA firm:VISION INTERNATIONAL C.P.A. FIRM

22.Name of the CPA: DANNY WU CPA

23.Practice certificate number of the CPA:
Financial-Supervisory-Securities-Corporate-4510

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:None

27.Source of funds:private capital

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

 

 

No:2

Subject:Subsidiary FUTAIHUA INDUSTRIAL (SHENZHEN) CO., LTD ,investment Albamen
Foxpower New Energy（Shenzhen）Co., Ltd

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.):Albamen Foxpower New Energy （Shenzhen）Co., Ltd shares

2.Date of occurrence of the event:2024/03/13~2024/03/13

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

Total transaction amount:RMB 1,000,000,000

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):Newly established company ; 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):Na

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important terms and
conditions:According to the private equity contract 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:Board of director

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:RMB 1,000,000,000

Shareholding percentage:50%

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:0.2727%;

Ratio to owners'equity:0.6533%;

Operating Capital:NTD-183,067,522,000

14.Broker and broker's fee:None

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:No

18.Date of the board of directors resolution:NA

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:NA

21.Name of the CPA firm:NA

22.Name of the CPA:NA

23.Practice certificate number of the CPA:NA

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

 

 

No:3

Subject:Subsidiary FUTAIHUA INDUSTRIAL (SHENZHEN) CO.,LTD ,investment Albamen
Green Infrastructure Fund II (Feeder) LLP

Contents:

1.Name and nature of the underlying security (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g., dividend
yield):Albamen Green Infrastructure Fund II (Feeder) LLP；Private Equity Fund

2.Date of occurrence of the event:2024/03/13

3.No., unit price, and monetary amount of the transaction:No more than RMB 500
million

4.Counterparty to the trade and its relationship to the company (if the
trading counterparty is a natural person and not a related party of the
company, its name is not required to be disclosed):The newly established fund
is not applicable; None

5.Where the counterparty to the trade is a related party, an announcement
shall also be made of the reason for choosing the related party as trading
counterparty and the identity of the previous owner, including its
relationship with the company and the trading counterparty, the price of the
ownership transfer, and date of transfer:Na

6.Where the owner of the underlying securities within the past five years has
been a related party of the company, an announcement shall also include the
dates and prices of acquisition and disposal by the related party and its
relationship with the company at the time:Na

7.Matters related to the creditor's rights currently being disposed of
(including type of collateral of the disposed creditor's rights; if the
creditor's rights are creditor's rights over a related party, the name of the
related party and the book amount of such creditor's rights currently being
disposed of must also be announced):Na

8.Profit (or loss) from the disposal (not applicable in cases of acquisition
of securities) (where originally deferred, the status or recognition shall be
stated and explained):Na

9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important
stipulations:According to the private equity contract agreement

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

11.Net worth per share of company of the underlying securities acquired or
disposed of:Na

12.The discrepancy between the reference price of private placement company
and the transaction amount per share is 20 percent or more:Na

13.Current cumulative no., amount, and shareholding ratio of the securities
being traded (including the current transaction) as of the date of occurrence
and status of any restriction of rights (e.g.,pledges):No more than RMB 500
million;Na ;None

14.Privately placed securities (including the current transaction) as a
percentage of total assets of the company and shareholder's equity of the
parent company on the latest financial statements, and the operating capital
on the latest financial statements as of the date of occurrence:

Ratio to total assets:0.1208%, ratio to shareholder's equity:0.2896%

Operating Capital:NTD-183,067,522,000

15.Broker and broker's fee:None

16.Concrete purpose or use of the acquisition or disposition:Long-term
investment

17.Whether the directors expressed any objection to the present transaction:Na

18.Whether the trading counterparty is a related party:No

19.Date of approval by board of directors:NA

20.Recognition date by supervisors or approval date by audit committee:NA

21.Whether the CPA issued an opinion on the unreasonableness of the current
transaction:Na

22.Name of the CPA firm:Na

23.Name of the CPA:Na

24.License no.of the CPA:Na

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

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