Hon Hai Announces Key Details for 2025 Shareholder Meeting
Hon Hai’s 2025 Shareholder Meeting Announcement
Hon Hai Precision Industry Co., commonly referred to as Foxconn, has set the date for its pivotal 2025 Regular Shareholders' Meeting. The event will take place in person, allowing stakeholders to engage directly with the company.
Meeting Date and Location
The meeting is scheduled for May 29, and it will be held at Hon Hai's headquarters in New Taipei City, Taiwan. This announcement was made following the board of directors' approval, ensuring that shareholders are well-informed in advance.
Key Agenda Items for Discussion
During the meeting, the agenda will cover vital components such as the company's business report for 2024 and the findings from the Audit and Risk Committee's review. Shareholders will be updated on the distributions for employee compensation and will deliberate over the proposed cash dividends tied to 2024 profits.
Financial and Operational Insights
The meeting will further delve into the company’s indirect investments in Mainland China. In addition, insights regarding Taiwan and overseas debenture issuance will be shared. This will provide shareholders with a clear view of the company's financial health and strategic direction.
Approval of Financial Statements
Shareholders will be required to acknowledge and approve the comprehensive 2024 Business Report and Financial Statements, along with voting on the profit distribution proposals.
Amendments and Board Elections
Critical discussions are expected on significant amendments to the company’s Articles of Incorporation. Various regulations concerning financial transactions and corporate governance will also be up for consideration. Furthermore, the election of board members and the potential lifting of non-competition restrictions for directors will be focal points of this year’s discussions.
Engagement Limitations
It’s important to note that shareholders will not be able to propose any additional motions at the meeting. All items on the agenda have been specified, ensuring a structured discussion.
Electoral Participation Enhancements
Emphasizing shareholder participation, Hon Hai has introduced electronic voting mechanisms. Through the 'Shareholder e Ticket' platform of the Taiwan Depository & Clearing Corporation, shareholders can cast their votes electronically from April 29 through to May 26.
Voter Accessibility
This initiative aims to streamline the voting process and make it easier for shareholders to participate in decision-making, highlighting Hon Hai's commitment to transparency and shareholder involvement.
Conclusion
The forthcoming shareholder meeting presents an important opportunity for all stakeholders of Hon Hai. As the company continues to grow, initiatives aimed at engaging shareholders and ensuring corporate governance will play a crucial role in guiding its future endeavors.
Frequently Asked Questions
What is the date of the 2025 Hon Hai shareholder meeting?
The meeting is scheduled for May 29, 2025.
Where will the meeting be held?
The meeting will take place at Hon Hai's headquarters in New Taipei City, Taiwan.
Can shareholders propose additional motions?
No, shareholders will not be able to propose additional motions since all agenda items will be pre-determined.
How can shareholders vote?
Shareholders can vote electronically through the 'Shareholder e Ticket' platform from April 29 to May 26.
What topics will be discussed at the meeting?
Key topics include the business report, profit distribution, regulatory amendments, and board elections.
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