[Foxconn] (Supplement) Announcement of Investment Amount and Counterparties for the Acquisition of JUSDA International Supply Chain Management Co., Ltd. by Foxconn Technology Group Co., Ltd.
Key facts
- [Foxconn] (Supplement) Announcement of Investment Amount and Counterparties for the Acquisition of JUSDA International Supply Chain Management Co., Ltd. by Foxconn Technology Group Co., Ltd.
- Foxconn Technology Group, a subsidiary of Hon Hai, has invested approximately 3.68 billion RMB into JUSDA International. The company cancelled transactions with some previous counterparties to finalize and supplement the investment details.
- Source: PR Times
- Date: June 2, 2026
Direct answer
Foxconn Technology Group, a subsidiary of Hon Hai, has invested approximately 3.68 billion RMB into JUSDA International. The company cancelled transactions with some previous counterparties to finalize and supplement the investment details.
- Citation
- [Foxconn] (Supplement) Announcement of Investment Amount and Counterparties for the Acquisition of JUSDA International Supply Chain Management Co., Ltd. by Foxconn Technology Group Co., Ltd. (June 2, 2026), PR Times
- Source
- PR Times
- Date
- June 2, 2026
Foxconn Technology Group, a subsidiary of Hon Hai, has invested approximately 3.68 billion RMB into JUSDA International. The company cancelled transactions with some previous counterparties to finalize and supplement the investment details.
📋 Article Processing Timeline
- 📰 Published: June 2, 2026 at 09:00
- 🔍 Collected: June 3, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 07:02 (95h 2m after Collected)
1. Name and Nature of Target: Shares of JUSDA International Supply Chain Management Co., Ltd.
2. Date of Occurrence: June 2, 2026
3. Date Approved by Board: June 2, 2026
5. Total Transaction Amount: 3,679,411,395.74 RMB
6. Transaction Counterparties: China Life Insurance Co., Ltd., Qiyueshi (Xiamen) Equity Investment Partnership (Limited Partnership), and 9 others.
12. Basis for Price Determination: Negotiated based on market conditions.
14. Shareholding Status: Foxconn Technology Group's cumulative shareholding is 22.6168%.
17. Purpose: Long-term investment.
29. Previous Significant Event Announcement: April 11, 2024.
30. Other Notes: The acquisition of shares from four companies, including Shenzhen Jiasida Consulting Management Partnership (Limited Partnership), was terminated, leading to this supplementary announcement of transaction amounts and counterparties.
2. Date of Occurrence: June 2, 2026
3. Date Approved by Board: June 2, 2026
5. Total Transaction Amount: 3,679,411,395.74 RMB
6. Transaction Counterparties: China Life Insurance Co., Ltd., Qiyueshi (Xiamen) Equity Investment Partnership (Limited Partnership), and 9 others.
12. Basis for Price Determination: Negotiated based on market conditions.
14. Shareholding Status: Foxconn Technology Group's cumulative shareholding is 22.6168%.
17. Purpose: Long-term investment.
29. Previous Significant Event Announcement: April 11, 2024.
30. Other Notes: The acquisition of shares from four companies, including Shenzhen Jiasida Consulting Management Partnership (Limited Partnership), was terminated, leading to this supplementary announcement of transaction amounts and counterparties.
FAQ
What is the background of this investment?
It involves revising a previous acquisition plan to optimize the stake in JUSDA within the group as a long-term investment.
How is logistics positioned for the Foxconn Group?
It is an essential business foundation that promotes vertical integration from manufacturing to logistics, aiming for supply chain efficiency.
Will anything change with this transaction?
The capital structure will be reorganized, and the group's control over JUSDA is expected to be clarified and strengthened.