[Foxconn] (Supplement to 114/5/19 Announcement) Announcement by subsidiary Foxconn Singapore Pte Ltd regarding investment in Yuzhan Technology (India)
Foxconn Singapore Pte Ltd, a subsidiary of Hon Hai Precision Industry, has decided to make an additional investment (via share acquisition, cash capital increase, and debt-to-equity conversion) of approximately 127.7 billion INR in its Indian subsidiary, Yuzhan Technology (India).
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- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
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1. Name and nature of the target: Yuzhan Technology (India) Private Limited; common shares.
2. Date of occurrence: 115/5/22 - 115/5/22.
3. Date of board approval: May 22, 115 (Republic of China calendar).
4. Others: Not applicable.
5. Transaction volume, unit price, and total amount:
(1) Share purchase: 9,999 shares, 10 INR/unit, 99,990 INR.
(2) Cash capital increase: ~10,873,535,400 shares, 10 INR/unit, 108,735,354,000 INR.
(3) Debt-to-equity swap (new): 1,900,000,000 shares, 10 INR/unit, 19,000,000,000 INR.
Total transaction amount: ~127,735,453,990 INR.
6. Counterparties include Foxconn Technology (India) Private Limited (affiliate), etc.
7. Reasons for transaction: Adjustment of share structure, cash injection for subsidiary, and debt conversion.
8. Purpose: Long-term investment.
9. Cumulative shareholding: Foxconn Singapore Pte Ltd holds 99.99999999%.
2. Date of occurrence: 115/5/22 - 115/5/22.
3. Date of board approval: May 22, 115 (Republic of China calendar).
4. Others: Not applicable.
5. Transaction volume, unit price, and total amount:
(1) Share purchase: 9,999 shares, 10 INR/unit, 99,990 INR.
(2) Cash capital increase: ~10,873,535,400 shares, 10 INR/unit, 108,735,354,000 INR.
(3) Debt-to-equity swap (new): 1,900,000,000 shares, 10 INR/unit, 19,000,000,000 INR.
Total transaction amount: ~127,735,453,990 INR.
6. Counterparties include Foxconn Technology (India) Private Limited (affiliate), etc.
7. Reasons for transaction: Adjustment of share structure, cash injection for subsidiary, and debt conversion.
8. Purpose: Long-term investment.
9. Cumulative shareholding: Foxconn Singapore Pte Ltd holds 99.99999999%.
FAQ
What is Foxconn's investment purpose in India?
To strengthen its manufacturing structure and control in India as part of a long-term investment strategy.
What is the total investment amount?
Approximately 127.7 billion INR.
How does this affect the industry?
It accelerates contract manufacturing expansion in India, promoting supply chain diversification.