Alarm cleared! Hon Hai, the major shareholder of Zhending, applied for 5,544 tickets and finally sold them out

Hon Hai (2317), the largest shareholder of Zhen Ding-KY (4958), announced on July 17 that it expected to dispose of 5,544 shares held by Zhen Ding, mainly to realize investment interests. Hon Hai today represents its subsidiary Foxconn (Far East) Limited announced that from September 1st to October 12th, 5,544 Zhending stocks were disposed of, with an average transaction price of 584.96 yuan per share, a total transaction amount of 3.243 billion yuan, and a disposal benefit of 2.683 billion yuan. The selling pressure applied by Zhending's major shareholders finally came to an end. After this disposal, Foxconn (Far East) Limited holds approximately 300,000 shares in Zhiding, with a shareholding ratio of 26.47% and a cumulative holding amount of approximately 42.743 billion yuan.

Zhending's operating growth this year has been strong. In September, consolidated revenue was 26.358 billion yuan, an annual increase of 36.13%, and a monthly increase of 27.54%, setting a new single-month revenue record. In the third quarter, consolidated revenue reached 64.624 billion yuan, an annual increase of 36.44%. The cumulative revenue in the first three quarters reached 153.783 billion yuan, an annual increase of 22.39%. Zhending said that September's revenue rewrote previous years. A new high in a single month, and a new milestone in operational scale. Among them, mobile communication products have benefited from customers' new products entering the peak shipping season, and revenue has shown double-digit annual and monthly growth. As for the three major high-end applications of servers/optical modules/IC carrier boards, demand has continued to increase. Total revenue has increased more than three times compared with the same period last year, and has once again set a new monthly record high, becoming an important engine to boost the overall operating scale.

Looking forward to the fourth quarter, the company expects that the peak season effect of mobile communication products will continue, and that high-speed optical modules, AI servers and other businesses will also maintain strong momentum, which is expected to drive consolidated revenue to rise quarter by quarter this year, and revenue in the fourth quarter can reach the peak of the whole year.