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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

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15.96    -0.10 (-0.62%)
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Market Cap: $111.74b
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Subsidiary obtaining shares

1 Feb 2021 08:27

RNS Number : 5188N
Hon Hai Precision Industry Co Ld
01 February 2021
 

No:1

Subject:Subsidiary,Henan Yuzhan Precision Technology CO.,LTD. obtaining Lankao Yuzhan Intelligent Manufacturing Technology 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.):Lankao Yuzhan Intelligent Manufacturing Technology Co.,Ltd.shares

2.Date of occurrence of the event:2021/01/19~2021/02/01

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

Total monetary amount of transaction:RMB 905,000,000

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):Cash investment is not applied;parent and subsidiary companies

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:Cash increase;Na

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

7.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:Follow company procurement authorization guideline and Board of director

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:RMB 905,000,000approximately 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:0.46%, ratio to shareholder's equity:1.15%

Operating Capital:NTD-104,738,702,000

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

11.Whether the counterparty of the current transaction is a related party:YES

12.Date of the board of directors resolution:2021/02/01

13.Date of ratification by supervisors or approval by the Audit Committee:2021/02/01

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

15.Source of funds:private capital

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

 

 

 

 

No:2

Subject:Subsidiary,FUTAIHUA PRECISION ELECTRONICS (ZHENGZHOU) CO.,LTD. Obtaining

Wuhan Yuzhan Precision Technology 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.): Wuhan Yuzhan Precision Technology Co., Ltd. shares

2.Date of occurrence of the event:2021/02/01

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

Total monetary amount of transaction:RMB 856,000,000

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):Cash investment is not applied;parent and ubsidiary companies

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:Cash increase;Na

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

7.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:Board of director

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:RMB 1,309,000,000approximately 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:0.44%, ratio to shareholder's equity:1.10%

Operating Capital:NTD-104,738,702,000

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

11.Whether the counterparty of the current transaction is a related party:YES

12.Date of the board of directors resolution:2021/02/01

13.Date of ratification by supervisors or approval by the Audit Committee:2021/02/01

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

15.Source of funds:private capital

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

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