Hon Hai Group injects capital into Foxconn New Energy Battery (Zhengzhou) Co., Ltd.

On December 23, Hon Hai Group announced that its subsidiary Hon Fujin Precision Electronics (Zhengzhou) Co., Ltd. will inject RMB 600 million into Foxconn New Energy Battery (Zhengzhou) Co., Ltd. The investment will be made in stages, with the first injection of RMB 350 million, which is the first injection since the establishment of the battery company.