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Right-of-use assets of factory building at Foxconn Hongguan Science and Technology Park

Sector: Road • Location: Shenzhen, Guangdong, China

Source: Financial Conduct Authority (FCA)

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Acquisition of right-of-use assets of a factory building leased at Part of the factory buildings in Area B of Foxconn Hongguan Science and Technology Park, Xingfu Community, Fucheng Street, Longhua District, Shenzhen, China. The lease covers 68,994.69 square meters with a unit price of RMB 20.31 per square meter. Total contract rent is RMB 42,033,480.60 for the rental period from 1 July 2025 to 31

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The project “Right-of-use assets of factory building at Foxconn Hongguan Science and Technology Park” is an infrastructure initiative in the Road sector, located in Shenzhen, Guangdong, China. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

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Acquisition of right-of-use assets of a factory building leased at Part of the factory buildings in Area B of Foxconn Hongguan Science and Technology Park, Xingfu Community, Fucheng Street, Longhua District, Shenzhen, China. The lease covers 68,994.69 square meters with a unit price of RMB 20.31 per square meter. Total contract rent is RMB 42,033,480.60 for the rental period from 1 July 2025 to 31 December 2027. The transaction amount of right-of-use assets is RMB 36,293,558. The acquisition is from Foxconn Technology Group Co., Ltd., an affiliate, for operational needs.

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