Hon Hai adjusted and reinvested in Tianyu’s shareholding to 20% | Anue Juheng – Taiwan Stock News

Hon Hai (2317-TW) announced today (11) that its subsidiary Hongyuan International Investment is expected to liquidate its 9090 sheets or 4.8% of its shares in IC design factory Tianyu (4961-TW). To promote the semiconductor field, the disposal of Tianyu’s shareholding at this time has particularly attracted market attention; and Hon Hai’s current share of Tianyu has dropped to 21%.

Hon Hai said that the disposition of Tian Yu is to realize investment profits. However, according to the information as of November last year, Hon Hai still holds the shares through its subsidiaries such as Hongyang Venture Capital, Baoxin International Investment, and Hongqi International. There are more than 20% of Tianyu’s equity; Qunyi Investment, a subsidiary of the group’s panel factory Innolux (3481-TW), also holds 5.3% of Tianyu’s equity.

However, Hon Hai has recently successively placed shares in subsidiary companies. In addition to Tianyu, it has also adjusted the shareholding of Netcom factory Taiyang (2314-TW), and will be cleared in the future; and whether Tianyu will be further reduced in the future. Shareholding also attracts great attention from the market.


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