Board Approves Acquisition of Shares in Maxnerva Technology Services
Original: 代子公司 Foxconn (Far East) Limited公告董事會決議通過取得Maxnerva Technology Services Limited股份
Summary
Foxconn (Far East) Limited, a subsidiary of Hon Hai Precision Industry, has announced that its board of directors resolved to acquire shares in Maxnerva Technology Services Limited, a Hong Kong-listed IoT and smart manufacturing solutions provider with existing ties to the Foxconn group. The transaction signals a strategic consolidation or expansion of Hon Hai's stake in its technology services affiliate, deepening its smart factory and cloud platform capabilities. Full body available on MOPS.
Full Translation
On behalf of its subsidiary Foxconn (Far East) Limited, Hon Hai Precision Industry Co., Ltd. (鴻海精密工業, TWSE: 2317) announces that the board of directors of Foxconn (Far East) Limited has resolved and approved the acquisition of shares in Maxnerva Technology Services Limited. Maxnerva Technology Services Limited (HK: 1037) is a Hong Kong Stock Exchange-listed company focused on IoT platforms, industrial cloud computing, and smart manufacturing solutions; it was carved out of the broader Foxconn group and retains significant operational and commercial ties to Hon Hai. This board resolution constitutes a material investment decision by a key Hon Hai offshore subsidiary, potentially increasing the group's consolidated ownership in Maxnerva and further integrating its technology services vertical. [Body not available — subject line only. See MOPS for full announcement.]