Hon Hai Bolsters Fulian Precision Unit With USD 22.9 Million Capital Injection
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Hon Hai Precision Industry's subsidiary, Ingrasys, has approved a USD 22.9 million investment to acquire additional shares in Fulian Precision Technology, increasing its total investment to approximately USD 678 million. This move maintains full ownership and reflects a commitment to enhancing precision component manufacturing. The transaction, approved by the board, is seen as a routine balance-sheet reinforcement rather than a strategic shift, aimed at supporting operations and ensuring supply stability for key customers.
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