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Hon Hai Prec.Ind.Co (HHPD)

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Wednesday 09 June, 2021

Hon Hai Prec.Ind.Co

Obtaining Guangxi Yuchai Logistics shares

RNS Number : 3538B
Hon Hai Precision Industry Co Ld
09 June 2021
 

Subject: Subsidiary, Jusda Supply Chain Management International Co., Ltd. obtaining Guangxi Yuchai Logistics Co., Ltd 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.):Guangxi Yuchai Logistics Co., Ltd shares

2.Date of occurrence of the event:2021/06/09

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

(1)Henan Province  Kui Lueh  Enterprise Management Consulting Partnership (Limited partnership): 96,000,000 shares at RMB 4.1667 each per ; RMB  399,999,959.01

(2)Henan Province Kuan Chan Enterprise Management Consulting Partnership (Limited partnership):72,000,000 shares at RMB 4.1667 each per ; RMB 300,000,000

(3)Henan Province Tui Chu Enterprise Management Consulting Partnership (Limited partnership): 72,000,000 shares at RMB 4.1667 each per ; RMB 300,000,000

Total:240,000,000 shares ; RMB 999,999,959.01

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):Henan Province Kui Lueh Enterprise Management Consulting Partnership (Limited partnership) Henan Province Kuan Chan Enterprise Management Consulting Partnership (Limited partnership) Henan Province Tui Chu Enterprise Management Consulting Partnership (Limited partnership);None

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

6.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:price negotiation; market price;Board of Directors

7.Net worth per share of the Company's underlying securities acquired or disposed of: RMB 1.39

8.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 amount held: 240,000,000 shares

Cumulative monetary amount held:RMB 999,999,959.01

Shareholding percentage:100%

Restriction of rights:None

9.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:0.24%;

Ratio to owners'equity:0.63%;

Operating Capital:NTD-125,205,791,000

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

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

12.Name of the CPA firm: ATAX Accounting Firm

13.Name of the CPA: Danny Cheng

14.Practice certificate number of the CPA:Financial-Supervisory-Securities-Corporate-5720

15.Whether the transaction involved in change of business model: No

16.Details on change of business model: Na

17.Details on transactions with the counterparty for the past year and the expected coming year: None

18.Source of funds: private capital

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

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