Taiwan's Hon Hai Precision Industry has started to discuss the let OEM Apple 'iPhone' manufacturing sector in the Shanghai Stock Exchange listed by the mobile phone manufacturing sector transferred to the main subsidiaries, corporate value may reach trillions of yen scale. Hon Hai The construction of factories in China and the United States led to investment expansion, listing helps to obtain huge financing.
Hon Hai will hold an extraordinary general meeting on January 31 to discuss with its shareholders the listing of "Foxconn Industrial Internet" (FII), a related subsidiary of Internet of Things (IoT), and many stakeholders said it is discussing iPhone manufacturing sector to Foxconn Industrial Internet.
Hon Hai’s consolidated sales for fiscal year 2017 (as of December 2017) reached 4.7074 trillion TWD. Of these, more than 50% came from Apple-related businesses and iPhone manufacturing was the group's core business. There are views that the value of listed companies will reach several. Trillion yen scale.
Through listing, Foxconn Industrial Internet will easily conduct self-financing such as public offerings and issuance of corporate bonds. In addition, the parent company, Hon Hai, can sell Foxconn Industrial Internet shares on the market to obtain cash. However, Hon Hai will continue to hold 85% of the equity. Maintain control.
Hon Hai invested RMB 1 trillion in Guangzhou, China, and is building the world's largest LCD panel factory. In September 2017, Hon Hai and the Nanjing municipal government signed an investment agreement totaling 37.5 billion yuan.
Hon Hai will also invest $ 10 billion in a panel plant in Wisconsin, USA Although most of the plans are under discussion, how to ensure that funding is a problem?
Terry Gou, Chairman of Hon Hai, has shown his idea of speeding up the listing of relevant companies in 2015. In the future, it is also likely that the relevant enterprises will be listed on the major bases and the well-financed mainland China. The renminbi funds raised in the Chinese market will be used in the local Investment, in order to allow the group to stay out of the United States and other investment funds spare capacity.
Hon Hai is a listed company in the Taiwan stock market, and there are many voices that point out the drawbacks of the parent-child listing, such as the listing of a subsidiary that may result in a partial outflow of profits from the parent company.