Hon Hai Precision Industry (HNHPF) has released an update.
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Hon Hai Precision Industry Co. Ltd. has announced the lease acquisition of factory building right-of-use assets in Shenzhen, China, for operational needs. The transaction involves a total area of 139,424 square meters, with the lease costing RMB 65,651,973.12 and a right-of-use asset transaction amount of RMB 57,350,547. The leasing agreement, decided by the board of directors through negotiation, will be with the affiliate Foxconn Technology Group for a period from October 2024 to September 2026.
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