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Hon Hai Precision Industry Gains from Disposal of Shenzhen YUTO Shares

Story Highlights
  • Hon Hai Precision Industry disposed of Shenzhen YUTO shares, gaining RMB 924,868,490.
  • The disposal aligns with Foxconn’s strategy to optimize its asset portfolio for financial performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hon Hai Precision Industry Gains from Disposal of Shenzhen YUTO Shares

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Hon Hai Precision Industry ( (HNHPF) ) has provided an update.

Hon Hai Precision Industry Co., Ltd. has completed the disposal of its shares in Shenzhen YUTO Packaging Technology Co., Ltd., resulting in a significant realized gain of RMB 924,868,490 over the transaction period from November 2021 to November 2025. This strategic move, aimed at investment gain, reflects Foxconn’s ongoing efforts to optimize its asset portfolio and enhance financial performance, with the proceeds contributing to the company’s comprehensive income.

More about Hon Hai Precision Industry

Hon Hai Precision Industry Co., Ltd., also known as Foxconn, is a leading global electronics manufacturer primarily involved in the production of consumer electronics, computer components, and communication devices. The company is renowned for its large-scale operations and partnerships with major technology firms, focusing on efficiency and innovation in the electronics manufacturing industry.

See more data about HNHPF stock on TipRanks’ Stock Analysis page.

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