{
  "id": 9536266,
  "title": "Hon Hai subsidiaries complete equity restructuring transactions",
  "url": "https://urgent.news/2026/09/24/hon-hai-subsidiaries-complete-equity-restructuring-transactions",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T10:22:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/hon-hai-subsidiaries-complete-equity-restructuring-transactions-93CH-4914901"
  },
  "original_language": "en",
  "account": "Hon Hai Precision Industry Co Ltd disclosed that three of its subsidiaries finalized equity transactions involving disposals and acquisitions, as per a press release. Joyspeed Global Cargo (China) Limited sold its equity in Shanghai Joyspeed Global Cargo Co., Ltd. to Jusda Supply Chain Management International Co., Ltd. for RMB 86 million, resulting in a gain of RMB 4.4 million. The transaction received board approval on Wednesday, and Jusda acquired the Shanghai Joyspeed stake for RMB 86 million, alongside a RMB 550 million cash increase, totaling RMB 636 million. Consequently, Jusda now owns 100% of Shanghai Joyspeed Global Cargo. The move aimed to refine the group’s equity structure, funded through internal capital with board approval.\n\nHCM International Company disposed of 2,632,833 common shares in Figure Technology Solutions, Inc. for the same RMB 86 million, with the transaction aiming to realize investment profits. HCM previously held 2,632,833 shares valued at $80.9 million, equivalent to a 1.18% shareholding. The precise disposal price and subsequent gain or loss will be disclosed separately. All three transactions were negotiated based on market quotations and approved by the respective boards of directors, accounting for 0.47% of Hon Hai’s total assets and 0.96% of owners’ equity, according to the latest financial statements. The transactions were reviewed by CPAs Yangji CPAs and ATAX Accounting Firm, who did not express any unreasonable opinions.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}