Explain media reporting

Subject: Explain media reporting

Contents:

1.Date of occurrence of the event: 2016/12/19

2.Company name: Hon Hai Precision Ind. Co. Ltd

3.Name of the reporting media: Economic Daily

4.Content of the report:

Hon Hai Group, via its subsidiary Foxconn, is jointly establishing

a RMB1.4 billion (NTD6.45 billion) venture capital fund with IDG

Capital and Huafa Group for investments in medical and healthcare,

cultural and creative industries, and new technologies.

5.Countermeasures:

The investment needs to be approved by the board of the investment

entity, and the company will follow the related rules and regulations.