REG - Hon Hai Prec.Ind.Co - Subsidiary has participated in private placement

Hon Hai Precision Industry CoAnnouncement

10/08/2023 10:45

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RNS Number : 9509I  Hon Hai Precision Industry Co Ld  10 August 2023

Subject: Subsidiary Hyield Venture Capital Co.,Ltd. has participated in
private placement issued by Zhong Yang Technology Co.,Ltd by way of private
placement

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):

Zhong Yang Technology Co.,Ltd; Common shares

2.Date of occurrence of the event:2023/8/10

3.No., unit price, and monetary amount of the transaction:

Number:1,500,000 common shares

Unit price: NTD 31.3/per share

Monetary amount of the transaction: NTD 46,950,000

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):

Common shares newly issued by Zhong Yang Technology Co., Ltd; Investments
accounted under the equity method

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: Participation in the private
placement; 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:

The shares issued by Zhong Yang Technology Co., Ltd and acquired by Hyield
Venture Capital Co., Ltd by way of private placement shall not be transferred
to others within three years of the closing date

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

Subscription in accordance with the private placement terms and conditions
established by Zhong Yang Technology Co.,Ltd

Decision-making body: The Director's consent

11.Net worth per share of company of the underlying securities acquired or
disposed of: NTD 19.79

12.The discrepancy between the reference price of private placement company
and the transaction amount per share is 20 percent or more:No

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):

Hyield Venture Capital Co.,Ltd

Cumulative no.: 11,553,908 shares

Amount: NTD 263,431,347

Shareholding ratio of the securities being traded (including the current

transaction) as of the date of occurrence:13.88%

Status of any restriction of rights (e.g.,pledges): subject to Article 43-8

Hon Chi International Investments Co., Ltd

Cumulative no.: 4,468,403 shares

Amount: NTD 96,213,920

Shareholding ratio of the securities being traded (including the current

transaction) as of the date of occurrence:5.37%

Status of any restriction of rights (e.g.,pledges):None

Hon Yuan International Investments Co.,Ltd

Cumulative no.: 4,468,403 shares

Amount: NTD 96,213,920

Shareholding ratio of the securities being traded (including the current

transaction) as of the date of occurrence:5.37%

Status of any restriction of rights (e.g.,pledges):None

Bon Shin International Investment Co.,Ltd

Cumulative no.: 1,224,779 shares

Amount: NTD 26,372,014

Shareholding ratio of the securities being traded (including the current

transaction) as of the date of occurrence:1.47%

Status of any restriction of rights (e.g.,pledges): 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 asset:0.11%

ratio to total shareholder's equity:0.29%

operating capital: -183,067,522 thousand

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:
No

18.Whether the trading counterparty is a related party: Yes

19.Date of approval by board of directors:2023/8/10

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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