---
title: "REG - Hon Hai Prec.Ind.Co - Announcement on behalf of subsidiary FII"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293917883.md"
description: "Hon Hai Precision Industry announced that its subsidiary, Foxconn Industrial Internet (FII), intends to repurchase shares. Triggered by a 20% cumulative stock decline over 20 trading days, FII aims to safeguard shareholder interests and boost confidence. The repurchase will use own funds, totaling between RMB 1 billion and RMB 2 billion, with a price cap of RMB 103 per share, to be executed within three months of board approval."
datetime: "2026-07-27T10:38:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293917883.md)
  - [en](https://longbridge.com/en/news/293917883.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293917883.md)
generator: "portal-rs"
---

# REG - Hon Hai Prec.Ind.Co - Announcement on behalf of subsidiary FII

RNS Number : 0002O Hon Hai Precision Industry Co Ld 27 July 2026 

Subject: Announcement on behalf of subsidiary Foxconn Industrial Internet Co., Ltd. to repurchase shares

Date of events:2026/07/27

Contents:

1.Date of occurrence of the event: 2026/07/27

2.Company name: Foxconn Industrial Internet Co., Ltd.

3.Relationship to the Company (please enter "head office" or "subsidiaries"):subsidiary

4.Reciprocal shareholding ratios:84.16%

5.Cause of occurrence:

The Company's stock closing price has registered a cumulative decline of 20% over the recent consecutive twenty trading days. Based on its confidence in future development prospects and recognition of the Company's long-term value, to safeguard the interests of all shareholders and boost investor confidence, after comprehensively evaluating its financial position and future profitability, and in accordance with relevant provisions, the Company intends to conduct share repurchases via centralized bidding trading. This initiative aims to align the market trading price of the Company's shares with their intrinsic value and protect corporate value and shareholders' rights and interests.

Purpose of share repurchase: To safeguard the Company's value and shareholders' rights and interests

The scale of repurchase funds: The total amount of funds for this repurchase shall not be less than RMB 1,000 million (inclusive) and shall not exceed RMB 2,000 million (inclusive)

Price of share repurchase: the share repurchase price shall not exceed RMB103/share;

Repurchase period: Within three months following the date of approval of the share repurchase plan by the Company's Board of Directors.

Source of funds for repurchase: own funds.

6.Countermeasures:None

7.Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.):None.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**