China News network, June 26, according to Taiwan's "China Times" reported that Taiwan Hon Hai Chairman Terry Gou yesterday warned Taiwan's capital market, Taiwan's equity ratio is too low, fear of marginalization.

Gou Taiming said that the mainland Tencent Group profit and Hon Hai as much, the PE ratio is far higher than Hon Hai, capital regardless of color, only divided into efficient and inefficient. Hon Hai has a lot of good small companies in the mainland, which will be spun off and listed locally. He suggested that the Taiwan authorities should allow mainland retail investors to buy Taiwan stocks to enrich the silver bullet of Taiwan enterprises and enhance their competitiveness.

Guo Taiming to split subsidiaries listed in the mainland

Seeing the strong rise in the mainland stock market, Gou Taiming frankly, consider splitting subsidiaries listed in the mainland, "the same earn 1 yuan (EPS), in Taiwan PE ratio and the mainland is not the same." Gou Taiming, for example, Taiwan Hongxun technology, do plastic injection machine automatic controller, is not particularly advanced technology, but Hongxun technology to abandon Taiwan, choose to list in the mainland stock market, the value of the surge to more than 30 billion Taiwan dollars.

Hon Hai yesterday held a shareholders' meeting, Gou Taiming from 9 a.m. to 3:30 p.m. Shareholder "Atubo" urged Gou Taiming to run for the 2016 Taiwan "general election", stressing that as long as Guo Dong to register, immediately donate 10 million Taiwan dollars to campaign. Gou Taiming did not respond to the topic directly, only smiled and said that no matter who is elected as the next leader of Taiwan, the focus of administration must fight the economy and guide funds to Taiwan.

Gou Taiming pointed out that mainland enterprises enjoy a high price-earnings ratio, relying on abundant funds, and constantly expand in the international mergers and acquisitions, capital does not distinguish color, only divided into efficiency and inefficiency. Compared with mainland enterprises, Taiwan enterprises have technological advantages and earlier experience in international management. The Taiwan authorities should invigorate the capital market so that mainland people can freely and conveniently buy Taiwan stocks.

10% growth in India this year

In addition, Gou Taiming announced that Hon Hai will enter India this year, optimistic that India has software advantages, but a blank in hardware. A few days ago, Hon Hai also joined hands with Alibaba to invest in local e-commerce, the future from production to sales can be vertically integrated to provide one-stop services.

He said that Hon Hai's revenue has exceeded 4 trillion yuan (New Taiwan dollars, the same below), hopes to grow at least 10% this year, the internal target of 15%, but the challenge is really big, turnover growth of 400 billion yuan, which is equivalent to a top 50 enterprises in Taiwan.

Gou said that in the past Hon Hai has been serving big customers, and now it will shift 2 to 30 percent of its resources to new companies to expand business opportunities in new areas such as wearable devices, the Internet of Things, electric vehicles and smart connected cars. The future is bright.

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