REG - Hon Hai Prec.Ind.Co - Equipment transactions between subsidiaries

Hon Hai Precision Industry CoAnnouncement

16/09/2024 12:30

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RNS Number : 3637E  Hon Hai Precision Industry Co Ld  16 September 2024

No:1

Subject: Subsidiary HeNan FuChi Technology Co., Ltd. announces disposal of
Machinery equipment

Date of events:2024/09/16

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):Machinery equipment

2.Date of occurrence of the event:2013/11/15~2024/09/16

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit
price, and total transaction price:

Transaction unit amount :a batch

Total transaction amount: USD 9,752,086.38

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):

Foxconn Hon Hai Technology India Mega Development Private Limited ; affiliate

5.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:

Choosing the related party as trading counterpart: The resource integrates

 

The identity of the previous owner:

HONGFUJIN PRECISION ELECTRONICS (ZHENGZHOU)、HON HAI PRECISION INDUSTRY CO.,
LTD.、FOXCONN TECHNOLOGY GROUP CO., LTD、HONGFUSHENG PRECISION ELECTRONICS
(ZHENGZHO、FUTAIHUA INDUSTRIAL (SHENZHEN)CO.,LTD.、FULIAN
TECHNOLOGY(JINCHENG)CO.,LTD.、FOXCAVITY PRECISION INDUSTRY (SHEN ZHEN) CO,
LTD

Relationship with the company: affiliate;

Relationship with the trading counterpart : affiliate;

The date of acquisition:2021/01~2023//10

Price of transfer: USD 5,970,646

 

The identity of the previous owner:

FUJI CORPORATION、SHANGHAI HOLLY IMACHINE CO., LTD.、ARMADALE HOLDINGS
LIMITED、UNIVERSAL INSTRUMENTS CORPORATION、SHENZHEN HB TECHNOLOGY
CO.,LTD、AUROTEK CORPORATION、GKG PRECISION MACHINE CO.,LTD、SHENZHEN
SHIHAO M AND E EQUIPMENT CO.,LTD、SHENZHEN LICHUANGDA  AUTOMATIC EQUIPMENT
CO、Shenzhen Freshen Technology CO., LTD.、SUZHOU GLENN ELECTRONICS DEVICES
CO., LTD.、HENAN ZHONGCHI FULIAN PRECISION INDUSTRY TE、SHENZHEN CHUXIN
ELECTRONIC EQUIPMENT CO.,LTD、SHANGHAI MAILE ELECTRONIC TECHNOLOGY
CO.,LTD、SHENZHEN JT AUTOMATION EQUIPMENT CO., LTD.、SHENZHEN NTR TECHNOLOGY
CO., LTD.、LUSTER LIGHTTECH INDUSTRIAL ARTIFICIAL INTE

Relationship with the company: None;

Relationship with the trading counterpart: None;

The date of acquisition:2021/01~2023/12

Price of transfer: USD 7,377,490

6.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:

The date of acquisition:2021/01~2023/10

Price of transfer: USD 5,970,646

Relationship with the company: affiliate;

7.Projected gain (or loss) through disposal (not applicable for acquisition of
assets; those with deferral should provide a table explaining recognition):0

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

9.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:

Negotiation; Book value; According to authorization of the Company & Board
of Directors

10.Name of the professional appraisal firm or company and its appraisal price:
NA

11.Name of the professional appraiser: Na

12.Practice certificate number of the professional appraiser: Na

13.The appraisal report has a limited price, specific price, or special price:
NA

14.An appraisal report has not yet been obtained: Na

15.Reason for an appraisal report not being obtained: Na

16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA

17.Name of the CPA firm: NA

18.Name of the CPA:NA

19.Practice certificate number of the CPA: Na

20.Broker and broker's fee: None

21.Concrete purpose or use of the acquisition or disposal:

The resource integrates

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

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

24.Date of the board of directors resolution:2024/09/16

25.Date of ratification by supervisors or approval by the audit
committee:2024/09/16

26.The transaction is to acquire a real property or right-of-use asset from a
related party: No

27.The price assessed in accordance with the Article 16 of the Regulations
Governing the Acquisition and Disposal of Assets by Public Companies: NA

28.Where the above assessed price is lower than the transaction price, the
price assessed in accordance with the Article 17 of the same regulations: NA

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

 

 

No:2

Subject: Subsidiary Foxconn Hon Hai Technology India Mega Development Private
Limited announces obtaining of Machinery equipment

Date of events:2024/09/16

Contents:

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):Machinery equipment

2.Date of occurrence of the event:2013/11/15~2024/09/16

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping), unit
price, and total transaction price:

Transaction unit amount :a batch

Total transaction amount:USD9,752,086.38

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 FuChi Technology Co., Ltd. ; affiliate

5.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: NA

6.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

7.Projected gain (or loss) through disposal (not applicable for acquisition of
assets; those with deferral should provide a table explaining recognition):NA

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

9.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:

Negotiation; Book value; According to authorization of the Company & Board
of Directors

10.Name of the professional appraisal firm or company and its appraisal price:
NA

11.Name of the professional appraiser: Na

12.Practice certificate number of the professional appraiser: Na

13.The appraisal report has a limited price, specific price, or special price:
NA

14.An appraisal report has not yet been obtained: Na

15.Reason for an appraisal report not being obtained: Na

16.Reason for any significant discrepancy with the appraisal reports and
opinion of the CPA:NA

17.Name of the CPA firm: NA

18.Name of the CPA:NA

19.Practice certificate number of the CPA: Na

20.Broker and broker's fee: None

21.Concrete purpose or use of the acquisition or disposal:

The resource integrates

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

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

24.Date of the board of directors resolution:2024/09/16

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

26.The transaction is to acquire a real property or right-of-use asset from a
related party: No

27.The price assessed in accordance with the Article 16 of the Regulations
Governing the Acquisition and Disposal of Assets by Public Companies: NA

28.Where the above assessed price is lower than the transaction price, the
price assessed in accordance with the Article 17 of the same regulations: NA

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

 

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