FII adjusts share repurchase price cap to reflect stock increase

Foxconn Industrial Internet Co., Ltd. (FII) has adjusted the upper limit of its share repurchase price from 19.36 yuan per share to 75.00 yuan per share, effective July 31, 2025. This decision, approved by the board of directors on November 26, 2025, follows an increase in the company's stock price and aims to ensure the smooth execution of the repurchase plan.

The company initially announced its intention to repurchase shares using its own funds, ranging from 500 million yuan to 1 billion yuan, with a previous price cap of 20.00 yuan per share (adjusted to 19.36 yuan per share after the 2024 annual equity distribution). As of the announcement date, FII has repurchased 7,697,400 shares, representing 0.04% of its total share capital, at prices between 18.40 yuan and 19.84 yuan per share, totaling 147,089,384.00 yuan.

This adjustment falls within the scope of the shareholders' meeting authorization for the board of directors to modify specific details of the repurchase plan and does not require further shareholder approval. The company asserts that this move will not negatively impact its operations, financial condition, or the interests of its shareholders.