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Explain media reporting

3rd Dec 2015 07:17

RNS Number : 8425H
Hon Hai Precision Industry Co Ld
03 December 2015
 

Subject: Explain media reporting

Date of events: 2015/12/03

Contents:

1.Date of occurrence of the event: 2015/12/03

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

3.Relationship to the Company (please enter "head office" or

"subsidiaries"):head office

4.Name of the reporting media:

Economic Daily/Commercial Times/Apple Daily/CNA NEWS

5.Content of the report:

(1)Hon Hai's EV Rental business is aiming Hangzhou, China.(2)Hon Hai's is using the bike rental business model to enter China's EV rental market.(3)Hon Hai will establish its EV Rental headquarter in Hangzhou.(4)Hon Hai is investing NT$ 6.1 billion to set up EV Rental business in Hangzhou.

6.Countermeasures:

Hon Hai and its subsidiaries' investment will be proposed to and

approved by the baord. The company will follow resolutions of the

board in accordance with related regulations.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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