TCL Technology's Acquisition of 45% Stake in Guangzhou Huaxing Semiconductor Approved by Shenzhen Stock Exchange

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TCL Technology's acquisition of a 45% stake in Guangzhou Huaxing Semiconductor has been approved by the Shenzhen Stock Exchange. Under the transaction plan, TCL Technology will directly and indirectly hold a 100% stake in Guangzhou Huaxing Semiconductor upon completion. Guangzhou Huaxing Semiconductor is the operating entity of TCL Huaxing's t9 production line. In the first half of 2026, it achieved operating revenue of 7.926 billion yuan, up 7.40% year-on-year, and net profit of 1.154 billion yuan, up 203.99% year-on-year.

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Acquisition of 45% stake in Guangzhou Huaxing Semiconductor approved, consolidating full ownership of profitable t9 production line.

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