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Foxconn Industrial Internet shares pre-IPO IPO to be listed on the Shanghai Stock Exchange

via:CnBeta     time:2018/2/10 10:01:00     readed:669

Use of funds raised for the construction of industrial Internet platform, 5G and Internet of Things Internet solutions. The company mainly engaged in various types of electronic equipment product design, development, manufacturing and sales operations. In 2017, net profit attributable to the parent company was 15.868 billion yuan, compared with 14.366 billion yuan in 2016.

It is reported that the evening of December 13 last year, the Taiwan Stock Exchange announcement, Hon Hai Precision Board through a subsidiary Foxconn Industrial Internet Co., Ltd. initial public offering of RMB ordinary shares and apply for a listing on the Shanghai Stock Exchange proposal.

On January 31, 2018, Hon Hai held a shareholders 'interim meeting and the shareholders' meeting approved the listing plan of Foxconn Industrial Internet. At the shareholders' interim meeting, Terry Gou, chairman of Hon Hai Precision, said: "The outside world thinks Hon Hai is a foundry and connects the company with Apple, but Hon Hai will transform itself from hardware into a software company."

Prior to this, Hon Hai said in a statement that the application for listing by Foxconn will bring about great opportunities for the development of Hon Hai. It will not only help the Group retain its key local talents and share the dividend of development, but also make full use of talents from mainland China , Capital and market to build an industrial internet ecosystem in order to implement the Group's long-term, stable, development, science and technology, and international business objectives.

Data show that founded in 1974, Hon Hai Precision is the parent company of Foxconn Technology Group, is also the world's electronics giant "foundry", the founder is Gou.

Foxconn Industrial Internet Company was established in 2015 with a registered capital of 17.72577 billion yuan, the company chairman Mao Yu Nan, Hon Hai Precision is one of the five directors. Shareholders are two legal persons, 75% owned by Robot Holdings Co., Ltd., a subsidiary of Hon Hai Group, and 25% owned by Hongfujin Precision Industry (Shenzhen) Co., Ltd.

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