Hon Hai Subsidiary FII Updates Share Buyback Progress on Shanghai Market

Hon Hai Precision Industry ( (HNHPF) ) just unveiled an update.

Hon Hai Precision Industry announced that its key subsidiary Foxconn Industrial Internet (FII), in which it holds an 84.10% stake, reported no share repurchases in January 2026 but has cumulatively bought back 9,319,897 shares on the Shanghai Stock Exchange. The repurchased shares represent 0.05% of FII’s total share capital, at prices ranging from RMB 18.40 to RMB 63.40 per share, for a total outlay of RMB 247.1 million excluding fees. While the company did not detail specific strategic objectives for the buyback, the continued disclosure of repurchase progress underscores management’s use of capital management tools that could influence FII’s share price dynamics and shareholder value over time.

More about Hon Hai Precision Industry

Hon Hai Precision Industry Co., better known globally as Foxconn, is a leading electronics manufacturing services provider, supplying major technology brands with contract manufacturing, industrial internet solutions and related services. Through its subsidiary Foxconn Industrial Internet Co., Ltd. (FII), it focuses on intelligent manufacturing, industrial internet platforms and digital transformation solutions, with a strong presence in China’s capital markets.

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