Hon Hai Precision Industry (HNHPF) has released an update.
Hon Hai Precision Industry Co. Ltd.’s subsidiary, JiZhun Precision Industrial, has completed the sale of a significant property asset in Huizhou City, realizing a gain of RMB 158.2 million. The transaction included land rights and buildings totaling over 207,000 square meters, sold for RMB 428 million to an unrelated party, Huizhou Shengxing Creative Industry Park Co., Ltd. Payment terms were structured with an initial RMB 80 million at the signing and the balance within 150 days.
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