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2317 Hon Hai Precision Industry Co News Story

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REG - Hon Hai Prec.Ind.Co - Subsidiary Hon Yuan disposal Fitipower Shares

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RNS Number : 4174O  Hon Hai Precision Industry Co Ld  14 May 2024

Subject:(Supplementary Announcement of 2023/3/24) Subsidiary Hon Yuan
International Investment Co.,Ltd. To disposal Fitipower Integrated Technology
Inc. Shares

Contents:

1.Name of the securities:

Fitipower Integrated Technology Inc. common shares

2.Trading date:2023/03/24~2024/05/14

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

Amount:1,919,500 (Number of shares before and after reduction with disposal
subject)

Unit price: Average of NTD180.6 per share

Total monetary amount of the transaction:NTD346,634,750

4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities):

The realized gains for the transaction from 2023/3/24 to 2024/5/14 is
NTD209,256, 720. The amount of NTD209,036,297 was recognized as gain on
disposal of investments and NTD220,423 was recognized as Retained Earnings in
2024.

5.Relationship with the underlying company of the trade:None

6.Current cumulative amount held, monetary amount, and shareholding percentage
of cumulative holdings of the securities being traded (including the current
trade), and status of any restriction of rights (e.g.pledges):

942,500 shares(The capital reduction of the subject matter of disposal has
been reflected);

NTD 245,992,500;

approximately 0.78%;

restriction of rights: None

7.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%, to shareholder's equity:0.24%

Operating Capital:NTD-241,579,000

8.Concrete purpose of the acquisition or disposal: Investment Realization

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

10.Whether the counterparty of the current transaction is a related party: NA

11.Trading counterparty and its relationship with the Company: None

12.Date of the board of directors resolution: NA

13.Date of ratification by supervisors or approval by the audit committee: NA

14.Any other matters that need to be specified:

Transaction fees, transaction tax shall be paid separately.

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