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

Hon Hai Precision Industry CoAnnouncement

01/03/2024 13:45

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RNS Number : 3110F  Hon Hai Precision Industry Co Ld  01 March 2024

No:1

Subject: Subsidiary Foxconn (Far East) Limited obtaining Foxteq Holdings Inc.
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.):Foxteq Holdings Inc.；common stock

2.Date of occurrence of the event:2024/03/01

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

619,000,000 shares at USD 0.1 each per ;

Total amount equals USD 61,900,000

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: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 no.of shares held: 21,637,071,028 share

Cumulative monetary amount held:USD 2,163,707,103.55

Shareholding percentage:100%

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:11.1560%;

Ratio to owners'equity:28.5002%;

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:2024/03/01

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:2

Subject: Subsidiary Foxteq Holdings Inc. obtaining Foxteq Integration Inc.
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.):Foxteq Integration Inc.；common stock

2.Date of occurrence of the event:2024/03/01

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

619,000,000 shares at USD 0.1 each per ;

Total amount equals USD 61,900,000

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: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 no.of shares held: 12,418,665,997 share

Cumulative monetary amount held:USD 1,241,866,599.93

Shareholding percentage:100%

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:1.0995%;

Ratio to owners'equity:2.8088%;

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:2024/03/01

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 Foxteq Integration Inc. obtaining PCE Paragon Solutions
Kft. 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.):PCE Paragon Solutions Kft.；common stock

2.Date of occurrence of the event:2024/03/01

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

100,000 shares at USD 619 each per ;

Total amount equals USD 61,900,000

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: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 no.of shares held:150,596,424 share

Cumulative monetary amount held:USD 1,184,873,637.71

Shareholding percentage:100%

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:1.0490%;

Ratio to owners'equity:2.6799%;

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:2024/03/01

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:4

Subject: Subsidiary PCE Paragon Solutions Kft. obtaining Foxconn EV Technology
Inc. 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.):Foxconn EV Technology Inc.；common stock

2.Date of occurrence of the event:2024/02/21~2024/03/01

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

16,725 shares at USD 4,000 each per ;

Total amount equals USD 66,900,000

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: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:

PCE Paragon Solutions Kft.:

Cumulative no.of shares held：79,900 shares

Cumulative monetary amount held：USD 319,600,000

Shareholding percentage：75.271%

Restriction of rights：None

Foxconn Asset Management LLC:

Cumulative no.of shares held：13,000 shares

Cumulative monetary amount held：

Shareholding percentage：12.247%

Restriction of rights：None

Foxconn eMS, Inc.:

Cumulative no.of shares held：6,250 shares

Cumulative monetary amount held：USD 25,000,000

Shareholding percentage：5.888%

Restriction of rights：None

Wexteq Corporation:

Cumulative no.of shares held：3,500 shares

Cumulative monetary amount held：USD 14,000,000

Shareholding percentage：3.297%

Restriction of rights：None

eCMM Services Inc.:

Cumulative no.of shares held：2,000 shares

Cumulative monetary amount held：USD 8,000,000

Shareholding percentage：1.884%

Restriction of rights：None

Foxconn Corporation:

Cumulative no.of shares held：1,500 shares

Cumulative monetary amount held：USD 6,000,000

Shareholding percentage：1.413%

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:0.2830%;

Ratio to owners'equity:0.7229%;

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:2024/03/01

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:5

Subject: Subsidiary, Foxconn EV Technology Inc. obtaining Foxconn EV System
LLC 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.):Foxconn EV System LLC shares

2.Date of occurrence of the event:2024/03/01

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

Total transaction amount:USD 61,900,000

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:capital increase of subsidiary;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: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:USD 265,668,757.12

Shareholding percentage:100%

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:0.2443%;

Ratio to owners'equity:0.6242%;

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:2024/03/01

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

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