[Foxconn] Announcement by subsidiary Bao Xin International Investment Co., Ltd. of the intention to acquire securities
Foxconn announced that its subsidiary, Bao Xin International Investment, plans to acquire up to 12 million common shares of Foxtron Vehicle Technologies for long-term investment purposes.
📋 Article Processing Timeline
- 📰 Published: April 22, 2026 at 09:00
- 🔍 Collected: April 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 23, 2026 at 12:46 (4h 45m after Collected)
1. Name of the security:
Foxtron Vehicle Technologies Co., Ltd. common shares
2. Trading dates: April 22, 2026 ~ April 22, 2026
3. Date of board of directors resolution: April 22, 2026
4. Date of other approval: Not applicable
5. Transaction volume, unit price, and total transaction amount:
Transaction volume: Not exceeding 12,000,000 shares
Unit price: To be announced separately based on actual acquisition price
Total transaction amount: To be announced separately based on actual acquisition price (plus handling fees and transaction taxes)
6. Gain (or loss) on disposal (not applicable for acquisition of securities):
Not applicable
7. Relationship with the underlying company:
Affiliate company
8. Cumulative number of shares held, amount, shareholding percentage, and restriction of rights (e.g., pledge) up to the present (including this transaction):
Cumulative shares held: To be announced after the transaction is completed
Cumulative amount held: To be announced after the transaction is completed
Shareholding percentage: To be announced after the transaction is completed
Restriction of rights: None
9. The ratio of the investment in securities mentioned in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" (including this transaction) to the total assets and to the equity attributable to owners of the parent on the most recent financial statements, and the working capital on the most recent financial statements:
Ratio to total assets: To be announced after the transaction is completed
Ratio to equity: To be announced after the transaction is completed
Working capital amount: -317,913,506 thousand TWD
10. Specific purpose of acquisition or disposal:
Long-term investment
11. Opinions of dissenting directors for this transaction:
No
12. Is this transaction a related party transaction:
No
13. Trading counterparty and its relationship with the company:
Not applicable
14. Date of acknowledgement by supervisors or approval by the audit committee:
Not applicable
15. Date of previous material information announced for the same event: Not applicable
16. Other explanatory matters:
Actual transaction information will be announced upon completion of execution.
Foxtron Vehicle Technologies Co., Ltd. common shares
2. Trading dates: April 22, 2026 ~ April 22, 2026
3. Date of board of directors resolution: April 22, 2026
4. Date of other approval: Not applicable
5. Transaction volume, unit price, and total transaction amount:
Transaction volume: Not exceeding 12,000,000 shares
Unit price: To be announced separately based on actual acquisition price
Total transaction amount: To be announced separately based on actual acquisition price (plus handling fees and transaction taxes)
6. Gain (or loss) on disposal (not applicable for acquisition of securities):
Not applicable
7. Relationship with the underlying company:
Affiliate company
8. Cumulative number of shares held, amount, shareholding percentage, and restriction of rights (e.g., pledge) up to the present (including this transaction):
Cumulative shares held: To be announced after the transaction is completed
Cumulative amount held: To be announced after the transaction is completed
Shareholding percentage: To be announced after the transaction is completed
Restriction of rights: None
9. The ratio of the investment in securities mentioned in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" (including this transaction) to the total assets and to the equity attributable to owners of the parent on the most recent financial statements, and the working capital on the most recent financial statements:
Ratio to total assets: To be announced after the transaction is completed
Ratio to equity: To be announced after the transaction is completed
Working capital amount: -317,913,506 thousand TWD
10. Specific purpose of acquisition or disposal:
Long-term investment
11. Opinions of dissenting directors for this transaction:
No
12. Is this transaction a related party transaction:
No
13. Trading counterparty and its relationship with the company:
Not applicable
14. Date of acknowledgement by supervisors or approval by the audit committee:
Not applicable
15. Date of previous material information announced for the same event: Not applicable
16. Other explanatory matters:
Actual transaction information will be announced upon completion of execution.