Subsidiary Fulian Yuzhan Technology (Shenzhen) Acquires Factory Right-of-Use Assets
Original: 代子公司富聯裕展科技（深圳）有限公司公告取得廠房之使用權資產
Summary
Hon Hai Precision is disclosing, on behalf of its subsidiary Fulian Yuzhan Technology (Shenzhen) Co., Ltd., that the subsidiary has obtained right-of-use (ROU) assets for factory premises — effectively entering into a lease for manufacturing facilities under IFRS 16 accounting treatment. For investors, this signals continued investment in mainland China production capacity at the Shenzhen-based unit, which is part of the Foxconn Industrial Internet (Fii) ecosystem. Full body available on MOPS.
Full Translation
On behalf of subsidiary Fulian Yuzhan Technology (Shenzhen) Co., Ltd. (富聯裕展科技（深圳）有限公司), Hon Hai Precision Industry Co., Ltd. announces that the subsidiary has acquired right-of-use assets (使用權資產) pertaining to factory premises (廠房). Under IFRS 16, a right-of-use asset arises when a lessee obtains control of the right to use an underlying asset — here, manufacturing/factory space — for a specified lease term; the transaction is recognized on the balance sheet as both an ROU asset and a corresponding lease liability. Fulian Yuzhan Technology (Shenzhen) is a PRC-incorporated subsidiary engaged in precision manufacturing operations. [Body not available — subject line only. See MOPS for full announcement.]