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

2024-12-23 21:00:24

Hon Hai announced that the group has invested an additional RMB 600 million in Foxconn New Energy Battery (Zhengzhou) Co., Ltd. Hon Hai pointed out that for long-term investment, it will invest in Foxconn New Business Development Group Co., Ltd. through its subsidiary Hon Fujin Precision Electronics (Zhengzhou) Co., Ltd., and Foxconn New Business Development Group Co., Ltd. will then invest in Foxconn New Energy Battery (Zhengzhou) Co., Ltd. The investment will be made in stages, with the first investment of RMB 350 million.

Foxconn Hon Hai

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Southwest Airlines CEO: Although Boeing still has a lot of work to do, they seem to be moving in a good direction and we are more optimistic.
                            2025-01-31

                                    White House Press Secretary Levitt: Details about the Nvidia meeting are still unclear.
                            2025-02-01

                                    Apple (AAPL.O) said the Apple Pay outage has been resolved.
                            2025-01-29

                                    Jefferies: Raised Meta Platforms (META.O) price target from $715 to $810.
                            2025-01-30

                                    Sam Altman, founder and CEO of OpenAI: OpenAI will develop specialized hardware for AI.
                            2025-02-03