REG - Hon Hai Prec.Ind.Co - Announcement on behalf of subsidiary FII

Hon Hai Precision Industry CoAnnouncement

14/04/2025 11:45

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RNS Number : 9239E  Hon Hai Precision Industry Co Ld  14 April 2025

No.1

Subject: Announcement on behalf of subsidiary Foxconn Industrial Internet Co.,
Ltd. to repurchase shares

Date of events:2025/04/14

Contents:

1.Date of occurrence of the event:2025/04/14

2.Company name: Foxconn Industrial Internet Co., Ltd.

3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiary

4.Reciprocal shareholding ratios:84.10%

5.Cause of occurrence:

Based on confidence in the company's future development prospects and
recognition of the company's long-term value, in order to safeguard the
interests of the shareholders and enhance investor confidence, the company
plans to conduct a share buyback through centralized bidding transactions,
after considering the company's financial situation and future profitability.
The repurchased shares will be canceled to reduce the registered capital, in
accordance with relevant regulations.

Purpose of share repurchase: Register to reduce the company's registered
capital.

The scale of repurchase funds: The total amount of funds for this repurchase
shall not be less than RMB 500 million (inclusive) and shall not exceed RMB
1,000 million (inclusive)

Price of share repurchase: the share repurchase price shall not exceed
RMB20.00/share;

Repurchase period: It shall not exceed 12 months from the date the company's
shareholders' meeting considers and approves the share repurchase plan.

Source of funds for repurchase: own funds.

6.Countermeasures:None

7.Any other matters that need to be specified (the information disclosure also
meets the requirements of Article 7, subparagraph 9 of the Securities and
Exchange Act Enforcement Rules, which brings forth a significant impact on
shareholders rights or the price of the securities on public companies.):None.

 

No.2

Subject: Subsidiary, Foxconn Industrial Internet Co.,Ltd., announces 2025 1st
Special Shareholders' Meeting

Date of events:2025/04/14

Contents:

1.Date of the board of directors' resolution: 2025/04/14

2.Special shareholders meeting date: 2025/04/30

3.Special shareholders meeting location:

Floor 52, High-tech Zone United Headquarters Building, at the Intersection of
Keyuan Avenue and Xuefu Road, South Area of the High-tech Industrial Park,
Nanshan District, Shenzhen City, Guangdong Province.

4.Cause for convening the meeting(1)Reported matters: None.

5.Cause for convening the meeting (2)Acknowledged matters: None.

6.Cause for convening the meeting(3)Matters for Discussion: None.

7.Cause for convening the meeting (4)Election matters: None.

8.Cause for convening the meeting (5)Other Proposals:

The company plans to conduct a share buyback through centralized bidding
transactions.

9.Cause for convening the meeting (6)Extemporary Motions: None.

10.Book closure starting date: NA

11.Book closure ending date: NA

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

 

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