Foxconn: Subsidiary Chief Expertise Limited Announces Acquisition of Fushan Technology (Vietnam) Limited Liability Company Shares
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Foxconn Group's subsidiary, Chief Expertise Limited, announced on April 15, 2026, the acquisition of shares in Vietnam's Fushan Technology Limited Liability Company for US$58,324,000. This transaction is intended as a long-term investment.
AI Analysis
Frequently Asked Questions
- Q: Which subsidiary of Foxconn Group announced the acquisition of shares?
- A: The acquisition of shares was announced by Chief Expertise Limited, which is a subsidiary of Foxconn Group.
- Q: What is the total amount for the acquisition of Fushan Technology shares?
- A: The total transaction amount for the acquisition of shares is USD 58,324,000.
- Q: What is the stated purpose of this transaction involving Fushan Technology?
- A: The purpose of this transaction is to make a long-term investment in the company.
- Q: What is the cumulative investment amount and the resulting shareholding ratio?
- A: The cumulative investment amount is USD 226,294,000, resulting in a 100% shareholding ratio.
- Q: What percentages of the company's total assets and owner's equity does this investment represent?
- A: This investment accounts for 0.25% of the total assets and 0.54% of the equity attributable to the parent company's owners.