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Hon Hai Prec.Ind.Co (HHPD)

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Wednesday 09 June, 2021

Hon Hai Prec.Ind.Co

FII announces indirect PRC investment

RNS Number : 2873B
Hon Hai Precision Industry Co Ld
09 June 2021
 

Subject: Subsidiary, Foxconn Industrial Internet Co., Ltd., announces indirect PRC investment

Contents:

1.Date of occurrence of the event:2021/06/08

2.Method of the current increase (decrease) in investment:

(1) Shenzhen Fugui Precision Industry Co., Ltd.

(2) Nanning Fugui Precision Industry Co., Ltd.:

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.

(4) United Electronics (Hangzhou) Co., Ltd.

(5) Haining United Electronic Technology Co., Ltd.(Investment by Shenzhen Fugui Precision Industry Co., Ltd.)

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.(Investment by Henan Yuzhan Precision Technology Co., Ltd.)

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.

(8) Henan Yuzhan Precision Technology Co., Ltd.

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.

(10) Jincheng futaihua Precision Electronics Co., Ltd.

(11) Shanxi Yuding Precision Technology Co., Ltd.(Partial direct investment,Partial Investment by Futaihua precision electronics (Zhengzhou) Co., Ltd.)

(12) Hebi Yuzhan Precision Technology Co., Ltd.(Investment by Futaihua precision electronics (Zhengzhou) Co., Ltd.)

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.(Investment by Henan Yuzhan Precision Technology Co., Ltd.)

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd.

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

(1) Shenzhen Fugui Precision Industry Co., Ltd.:RMB 1,700 million

(2) Nanning Fugui Precision Industry Co., Ltd.::RMB 350 million

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.:RMB 700 million

(4) United Electronics (Hangzhou) Co., Ltd.:RMB 80 million

(5) Haining United Electronic Technology Co., Ltd.:RMB 100 million

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.:RMB 4,172 million

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.:RMB 519.5 million

(8) Henan Yuzhan Precision Technology Co., Ltd.:RMB 6,304 million

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.:RMB 500 million

(10) Jincheng futaihua Precision Electronics Co., Ltd.:RMB 465 million

(11) Shanxi Yuding Precision Technology Co., Ltd.:RMB 300 million

(12) Hebi Yuzhan Precision Technology Co., Ltd.:RMB 353 million

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.:RMB 398 million

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd. :RMB 280 million

4.Company name of the mainland Chinese investee:

(1) Shenzhen Fugui Precision Industry Co., Ltd.

(2) Nanning Fugui Precision Industry Co., Ltd.:

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.

(4) United Electronics (Hangzhou) Co., Ltd.

(5) Haining United Electronic Technology Co., Ltd.

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.

(8) Henan Yuzhan Precision Technology Co., Ltd.

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.

(10) Jincheng futaihua Precision Electronics Co., Ltd.

(11) Shanxi Yuding Precision Technology Co., Ltd.

(12) Hebi Yuzhan Precision Technology Co., Ltd.

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd.

5.Paid-in capital of aforementioned mainland Chinese investee:

(1) Shenzhen Fugui Precision Industry Co., Ltd.:RMB 1,540,000,000

(2) Nanning Fugui Precision Industry Co., Ltd.::RMB 1,100,332,552

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.:RMB 1,762,082,400

(4) United Electronics (Hangzhou) Co., Ltd.:RMB 191,817,500

(5) Haining United Electronic Technology Co., Ltd.:RMB 300,000,000

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.:RMB 2,300,000,000

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.:RMB 2,447,168,040

(8) Henan Yuzhan Precision Technology Co., Ltd.:RMB 3,450,000,000

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.:RMB 6,018,887,500

(10) Jincheng futaihua Precision Electronics Co., Ltd.:RMB 1,100,000,000

(11) Shanxi Yuding Precision Technology Co., Ltd.:RMB 2,700,000,000

(12) Hebi Yuzhan Precision Technology Co., Ltd.:RMB 297,000,000

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.:RMB 1,303,000,000

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd.:RMB 50,000,000

6.Amount of capital increase currently planned for the aforementioned mainland Chinese investee:

(1) Shenzhen Fugui Precision Industry Co., Ltd.:RMB 1,700 million

(2) Nanning Fugui Precision Industry Co., Ltd.::RMB 350 million

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.:RMB 700 million

(4) United Electronics (Hangzhou) Co., Ltd.:RMB 80 million

(5) Haining United Electronic Technology Co., Ltd.:RMB 100 million

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.:RMB 4,172 million

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.:RMB 519.5 million

(8) Henan Yuzhan Precision Technology Co., Ltd.:RMB 6,304 million

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.:RMB 500 million

(10) Jincheng futaihua Precision Electronics Co., Ltd.:RMB 465 million

(11) Shanxi Yuding Precision Technology Co., Ltd.:RMB 300 million

(12) Hebi Yuzhan Precision Technology Co., Ltd.:RMB 353 million

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.:RMB 398 million

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd. :RMB 280 million

7.Main businesses of the aforementioned mainland Chinese investee:

(1) Shenzhen Fugui Precision Industry Co., Ltd.: Server, memory, network switch, router, etc

(2) Nanning Fugui Precision Industry Co., Ltd.: Develop and produce new electronic components and broadband access network communication system equipment, etc

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.: Production, processing and sales of servers, electric and non electric bicycle, etc

(4) United Electronics (Hangzhou) Co., Ltd.: develop and produce new electronic components and broadband access network communication system equipment, etc

(5) Haining United Electronic Technology Co., Ltd.: R & D, manufacturing and processing: new electronic components broadband access network communication system equipment, etc

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.: The third generation and follow-up mobile communication system, mobile phone, etc

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.: Production and operation of mobile phones of the third generation and follow-up mobile communication systems, etc

(8)Henan Yuzhan Precision Technology Co., Ltd.: Production and operation of mobile phones of the third generation and follow-up mobile communication systems, etc

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.: Production and operation of mobile phones of the third generation and follow-up mobile communication systems, etc

(10) Jincheng futaihua Precision Electronics Co., Ltd.: Mobile communication terminal equipment and parts, etc

(11) Shanxi Yuding Precision Technology Co., Ltd.: Production and operation of mobile phones of the third generation and follow-up mobile communication systems, etc

(12) Hebi Yuzhan Precision Technology Co., Ltd.: Engaged in precision technology promotion services; Engaged in communication equipment and spare parts digital multi-function telephone and spare parts, etc

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.: produces and operates the third generation and follow-up mobile communication system mobile phones, etc

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd. :Provide management services for the training base of industry education integration; Sales of teaching equipment, teaching equipment, stationery, etc

8.Type of CPA opinion in the latest annual financial statements of the aforementioned mainland Chinese investee: Na

9.Total equity of the aforementioned mainland Chinese investee in the latest annual financial statements: Na

10.Amount of profit/loss of the aforementioned mainland Chinese investee in the latest annual financial statements: Na

11.Amount of actual investment in the aforementioned mainland Chinese investee, up to the present moment:

(1) Shenzhen Fugui Precision Industry Co., Ltd.:RMB 1,540,000,000

(2) Nanning Fugui Precision Industry Co., Ltd.::RMB 1,100,332,552

(3) Hongfujin precision electronics (Tianjin) Co., Ltd.:RMB 1,762,082,400

(4) United Electronics (Hangzhou) Co., Ltd.:RMB 191,817,500

(5) Haining United Electronic Technology Co., Ltd.:RMB 300,000,000

(6) Shenzhen Yuzhan Precision Technology Co., Ltd.:RMB 2,300,000,000

(7) Futaihua precision electronics (Zhengzhou) Co., Ltd.:RMB 2,447,168,040

(8) Henan Yuzhan Precision Technology Co., Ltd.:RMB 3,450,000,000

(9) Futaihua precision electronics (Jiyuan) Co., Ltd.:RMB 6,018,887,500

(10) Jincheng futaihua Precision Electronics Co., Ltd.:RMB 1,100,000,000

(11) Shanxi Yuding Precision Technology Co., Ltd.:RMB 2,700,000,000

(12) Hebi Yuzhan Precision Technology Co., Ltd.:RMB 297,000,000

(13) Lankao Yuzhan Intelligent Manufacturing Technology Co., Ltd.:RMB 1,303,000,000

(14) Shenzhen zhizaogu industrial Internet Innovation Center Co., Ltd.:RMB 50,000,000

12.Trading counterparty and its relationship with the Company:Cash investment is not applied; parent and subsidiary companies

13.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

14.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

15.Profit (or loss) upon disposal: Na

16.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:None

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

18.Broker:None

19.Concrete purpose of the acquisition or disposal:Long Term Investment

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

21.Whether the counterparty of the current transaction is a related party: Yes

22.Date of the board of directors resolution:2021/06/08

23.Date of ratification by supervisors or approval by the Audit Committee:2021/06/08

24.Total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment:USD 11,980,146,469.64

25.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the paid-in capital on the latest financial statements:254.93%

26.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to the total assets on the latest financial statements:10.63%

27.Ratio of the total amount of investment in mainland China (including the current investment) approved by the Investment Commission, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:27.74%

28.Total amount of actual investment in mainland China, up to the present moment:USD 10,849,247,278.67

29.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the paid-in capital on the latest financial statements:230.87%

30.Ratio of the total amount of actual investment in mainland China, up to the present moment, to the total assets on the latest financial statements:9.63%

31.Ratio of the total amount of actual investment in mainland China, up to the present moment, to equity attributable to owners of the parent on the latest financial statements:25.12%

32.Amount of recognized profit (loss) on investment in mainland China for the last three years:

2018: NT$ 114,769,307,000;

2019: NT$ 105,832,857,000;

2020: NT$ 119,283,719,000

33.Amount of profit remitted back to Taiwan for the last three years: None

34.Whether the CPA issued an unreasonable opinion regarding the current transaction: Na

35.Name of the CPA firm: Na

36.Name of the CPA: Na

37.Practice certificate number of the CPA: Na

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

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