Source - RNS
RNS Number : 3446J
Hon Hai Precision Industry Co Ld
08 September 2016

Subject: Subsidiary Foxteq Holdings Inc. obtaining Xiaoju Kuaizhi Inc. shares  

Date of events:2016/09/08


1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield): Xiaoju Kuaizhi Inc. Preferred stock

2.Date of occurrence of the event:2016/09/08

3.Volume, unit price, and total monetary amount of the transaction:

3,135,650 shares at USD$38.227 each; total amount equals USD$119,866,806

4.Counterpart to the trade and its relationship to the Company (if the trading counterpart is a natural person and furthermore is not an actual related party of the Company, the name of the trading counterpart is not required to be disclosed):

Xiaoju Kuaizhi Inc.; None

5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: NegotiationAccording to market conditionsBoard of directors

6.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):

3,135,650 sharesUSD119,866,806approximately 0.355%restriction

of rights:None

7.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

2.29%; ratio to shareholder's equity:6.09%; operating capital:


8.Concrete purpose or use of the acquisition or disposal:

Long Term Investment


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