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Hon Hai Precision Industry ( (HNHPF) ) has provided an announcement.
Hon Hai Precision Industry Co., Ltd. announced that its board of directors has approved the disposal of 15,625,000 shares in Lingyun Guang Technology Co., Ltd. The transaction, aimed at investment realization, involves a total monetary amount of RMB 271,483,000 with a shareholding percentage of 4.38%. The sale is expected to enhance the company’s strategic investment focus without any restrictions on rights or dissenting director opinions.
More about Hon Hai Precision Industry
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a prominent player in the electronics manufacturing industry. The company specializes in the production of electronic products and components, serving as a major supplier for various consumer electronics brands worldwide.
YTD Price Performance: -2.09%
Average Trading Volume: 60,077
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $75.31B
For a thorough assessment of HNHPF stock, go to TipRanks’ Stock Analysis page.
