What was the purpose of Foxconn's disposal of Wcube shares this time?

The purpose was to optimize the organizational structure.

To whom were Wcube's shares disposed?

They were disposed to the parent company, Hon Hai Precision Industry Co., Ltd.

Did this transaction generate any profit?

The disposal gain (or loss) was 0 dollars.

Why was the transaction conducted in this form?

This was because the subsidiary conducted a capital reduction in kind, and the held Wcube shares were used as the consideration (refund) for the capital reduction to the parent company, Hon Hai.

Hon Hai Precision Industry Announces Disposal of Wcube Shares by Subsidiary Foxconn (Far East)

Published May 22, 2026 6:31 AM ・ Updated Jun 13, 2026 11:57 PM ・ 2 min read ・ Source: PR Times

Hon Hai Precision Industry announced that its subsidiary will dispose of Wcube shares to the parent company to optimize organizational structure.

Announcement: Regarding Disposal of Wcube Shares

This announcement informs that on May 21, 2026, Foxconn (Far East) Limited, a wholly-owned subsidiary of Hon Hai Precision Industry Co., Ltd., has resolved to dispose of shares held in Wcube Co., Ltd. to its parent company, Hon Hai Precision Industry.

### 1. Transaction Overview - Target: Wcube Co., Ltd. (Common shares) - Transaction Date: May 21, 2026 - Transaction Volume: 9,837,716 shares - Unit Price: 1.18 USD - Total Transaction Amount: 11,592,662 USD

### 2. Purpose of Transaction To optimize the organizational structure.

### 3. Background of Transaction This transaction is based on a real asset capital reduction plan by Foxconn (Far East) Limited, utilizing the held Wcube shares as assets to be returned to the parent company.

### 4. Transaction Terms - Disposal Profit (Loss): 0 TWD - Decision-making Body: Board of Directors - Accountant: Wang Wu-Chang (Crowe TWN CPAs)

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Source: PR Times
Category: News
Organizations: Foxconn (Far East) Limited / Wcube Co., Ltd.

Hon Hai Precision Industry Announces Disposal of Wcube Shares by Subsidiary Foxconn (Far East)

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Announcement: Regarding Disposal of Wcube Shares

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