Hon Hai announced a 600 million yuan investment in Zhengzhou Foxconn New Energy Battery Company

Hon Hai Group invested an additional RMB 600 million to invest in Foxconn New Energy Battery (Zhengzhou) Co., Ltd. Hon Hai said that this is a long-term investment and will inject capital into Foxconn New Business Development Group Co., Ltd. through its subsidiary Hon Fujin Precision Electronics (Zhengzhou) Co., Ltd., which will then invest in Foxconn New Energy Battery (Zhengzhou) Co., Ltd.