Surging news reporter Zhou Ling
A company Foxconn, intends to apply in the A-share market.
On the evening of December 13, according to the announcement of the Taiwan Stock Exchange, the board of directors of Hon Hai Precision (2317.TW) initial public offering of RMB ordinary shares through its subsidiary Foxconn Industrial Internet Co., Ltd., Apply for listing on the Shanghai Stock Exchange.
Hon Hai Group said that the company for the global operation of international companies, Foxconn Industrial Internet Co., Ltd. apply for listing on the Shanghai Stock Exchange for the Group to develop the established strategic approach in line with Hon Hai continued investment in mainland China in recent years, and the United States, Japan, Europe Etc. With the global stride toward Industry 4.0, + Internet, 8K + 5G era, the development of China's industrial Internet has been booming with broad market prospects.
Hon Hai said in a statement that the application for listing by Foxconn Industrial Internet Co., Ltd. will bring 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, Use mainland talents, funds and markets to build an industrial internet ecosystem to achieve the Group's long-term, stable, development, science and technology, and international business objectives.
According to reports, Foxconn Industrial Internet Co., Ltd. listed, Hon Hai Group will still hold 85% of the shares in issue. Hon Hai will be held in January 2018 an extraordinary general meeting on Foxconn Industrial Internet Co., Ltd. listing plan vote.
According to the information available, Foxconn Industrial Internet Co., Ltd. covers the research and development of industrial internet technologies, research and development of communication systems, business management services, import and export of electronic products and their spare parts and related supporting businesses. The legal representative is Mao Yu Nan.