This move not only completed the legal procedures and preparations required for listing, but also made the company more in line with the listing requirements. Renaming will help to enhance the company's brand image and market awareness and lay a solid foundation for future development. The name change is related to the change of Taiwan Province Zhending Technology, the parent company, in order to reflect the parent-subsidiary relationship or adapt to business adjustment.
Foxconn changed its name to Ding Peng Holdings for various reasons, aiming at promoting the company's better development and coping with market changes. Ding Peng Holdings is the world's leading PCB R&D designer, manufacturer and distributor. Its products are widely used in communications, consumer electronics and high-performance computers, and have been ranked as the largest PCB manufacturer in the world for six consecutive years.