Jan 26, 2022 06:29 PM (GMT+8) · EqualOcean
Hon Hai Group announced that its subsidiary Henan Yuzhan Precision Technology Co., Ltd. obtained the equity of Fulian precision technology (Ganzhou) Co., Ltd. with a total transaction amount of RMB 5 billion (about NT $21.95 billion). Henan Yuzhan precision and Fulian precision are both companies of Hon Hai group. Hon Hai pointed out that the purpose of acquisition is long-term investment. It is reported that the transfer of funds between Hong Haizi company is mainly to implement the Chinese mainland investment case in Ganzhou, Jiangxi, and expand the related iPhone precision business.