(Taipei Comprehensive News) The Taiwan Hon Hai Group announced on Friday (December 16) without warning that its subsidiary Foxconn Industrial Internet, a subsidiary of China, has agreed to sell all shares of Tsinghua Ziguang, a mainland chip company.

Comprehensive Free Times Industrial and Commercial Times reported that Hon Hai Group issued an announcement at 10:30 pm on Friday that 99 % of Foxconn's shares will not be less than 5.38 billion yuan (S $ 1.049 billion),The Yantaihai Xiuqi Body Circuit Industry Investment Center sold the equity of Beijing Zhiguangxin Holdings and Ziguang Group.

The transaction amount payment time will be released this year's valuation report in Ziguang Group, but it will not be no later than March 15 next year.Xingwei Fund currently holds 48 % of Ziguang Group.

Hon Hai Group stated in the announcement that the transaction was a adjustment of the group's internal investment planning. During the process, it had been consulted with Foxconn and was approved by the Investment Decision Committee of Xingwei Fund.

Hon Hai Group issued a statement on December 17 to further explain that this decision to sell Ziguang Group's holdings is to avoid the uncertainty that may be generated in order to avoid the delays of the investment purple transaction case, and affect the subsequent investment layout and the use of funds.Elasticity is because the transaction has not yet been finalized.

Hon Hai said that after the transaction is completed, Foxconn will no longer hold Ziguang Group's shares.

Affairs of Hon Hai's non -warning announcement, the Taiwan Ministry of Economic Affairs issued a press release on Saturday night that the Investment Centers Committee will ask Hon Hai to make a complete explanation on Monday (December 19).Investment behavior correction problem.However, the problems that have not been declared before will still be punished according to law.

Foxconn announced in July this year that it indirectly invested in Ziguang Group, which was indirectly invested in Guangzhou Shengyue Company in July 2021 through Guangzhou Shengyue Company.After the reorganization of Ziguang, Beijing Zhiguangxin Holdings was fully held, but the two major shareholders of Zhiguangxin were Shengyue Guangzhou and Jian Guangming, and Jian Guangming was questioned by the outside world.This transaction has caused the Taiwan government to pay great attention and dissatisfaction. At the time, the Taiwan Ministry of Economic Affairs also stated that Hon Hai had traded the transaction before seeking government approval in advance, and it has violated the regulations.Punishment.