Sharp will apply to return to the main board of the East China Stock Exchange in the month

    [Global Technology Reporter Wang Huan] According to a report from Japan’s Kyodo News on June 20, Sharp Corporation, which is in the business restructuring period, held a general meeting of shareholders at its headquarters in Osaka City, Osaka Prefecture on the 20th. Dai Zhengwu, president of the parent company's Taiwan Hon Hai Precision Industry Co., Ltd., striving to return to the main board from the Tokyo Stock Exchange's second board market in March next year, said that it will “apply for the ET on June 29 or 30.” Expressed the willingness to return as soon as possible.

    The Sharp Group fell into financial insolvency in March 2016 and fell to the East Board Second Board Market on August 1st of the same year. After Sharp was relegated to Hon Hai, the company stepped into the track of revitalization, and the stock price regained its upward tone.

    Dai Zhengwu reiterated his own participation in the business and will resign from the post of president after returning to the main board market. However, he said, "I hope that I will take up duties such as the chairman of the board for three years and assume operational responsibility." In addition, the personnel proposal is also held at the general meeting of shareholders, in which the directors from Hon Hai Group, including external directors, will be increased from 3 to 5 members, and the relevant persons will be selected as the directors after the vote. The proportion of Hon Hai in the management layer has further increased.

    In order to realize the restructuring, Sharp put forward a target of 3.25 trillion yen (approximately RMB 99.9 billion) in sales revenue in 2019 to approximately 1.6 times of 2016. It is intended that Hon Hai, which has strong capital strength, should be promoted in the United States and promoted in the United States. Construction of large-scale factory plans and other matters.

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