Hon Hai Group invests 600 million to support Foxconn's new energy battery business

Hon Hai Group recently announced that its subsidiary Hon Fujin Precision Electronics (Zhengzhou) Co., Ltd. has injected RMB 600 million into Foxconn New Business Development Group Co., Ltd., further investing in Foxconn New Energy Battery (Zhengzhou) Co., Ltd. This move is part of Hon Hai Group's long-term development plan, with the initial injection amount of RMB 350 million.