Foxconn banks $86M gain selling Zhen Ding shares, keeps 26% stake
What's the deal? Hon Hai Precision IndustryDealroom has a profile for this one. Try Dealroom → — the Taiwanese electronics giant known as FoxconnDealroom has a profile for this one. Try Dealroom → — booked a gain of NTD 2.68 billion from selling part of its stake in printed circuit board maker Zhen Ding TechnologyDealroom has a profile for this one. Try Dealroom →. Its subsidiary Foxconn (Far East)Dealroom has a profile for this one. Try Dealroom → sold 5,544,000 common shares between September 1 and October 12, 2026, at an average NTD 584.96 per share.
By the numbers: The sale raised total proceeds of NTD 3.24 billion. The size of the gain — NTD 2.68 billion — signals Hon Hai's acquisition cost sat well below the sale price, underscoring a profitable long-term bet.
Why now? Hon Hai framed the move as routine portfolio management of strategic equity holdings, aimed at realising investment profits.
What's next? After the sale, Hon Hai still holds 299,971,627 shares in Zhen Ding, a 26.47% stake worth NTD 42.74 billion. That accounts for 10.13% of total assets and 20.59% of owners' equity, with no restrictions or pledges reported.
The fine print: Zhen Ding is an equity-method investee but not classified as a related party under relevant rules. No board resolution date was disclosed, and no directors dissented.
The signal: The disposal shows Foxconn trimming supplier-linked equity positions to lock in gains while keeping a controlling-sized stake intact. Market watchers will now track whether it pares back the remaining holding further.
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Image credit: Rubber Dragon
