TCL Zhonghuan Plans Indirect Investment in 11.96 Billion Yuan Semiconductor Large Silicon Wafer Shenzhen Project

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TCL Zhonghuan announced that to seize semiconductor market opportunities, the company plans to indirectly invest in a semiconductor large silicon wafer project for integrated circuits in Shenzhen, with an estimated total investment of approximately 11.96 billion yuan. The project will be undertaken by Shenzhen Zhonghuan Leading Semiconductor Materials Co., Ltd., a wholly-owned subsidiary of Zhonghuan Leading Semiconductor Technology Co., Ltd., which is a controlled subsidiary of TCL Zhonghuan. The project focuses on building polished wafers and epitaxial wafers, with a planned monthly capacity of 700,000 twelve-inch polished wafers, epitaxial wafers, and test wafers, aiming to be close to downstream markets, increase twelve-inch product production capacity, and optimize the product structure of silicon wafers for logic and memory applications. TCL Zhonghuan stated it will comprehensively use its own funds, equity financing, debt financing, and other methods to raise funds. Its semiconductor materials business achieved revenue of 5.707 billion yuan in 2025, a year-on-year increase of 21.75 percent, and is expected to exceed 3 billion yuan in revenue in the first half of 2026.

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中环领先半导体科技股份有限公司Private▲ Positive
Capitalrelevance

Controlled subsidiary will undertake the project, benefiting from capacity expansion and revenue growth.

深圳中环领先半导体材料有限公司Private▲ Positive
Capitalrelevance

Wholly-owned subsidiary of Zhonghuan Leading, directly executing the project.

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