TCL Technology: Plans to acquire 10.7656% equity of Shenzhen Huaxing Semiconductor for 6.045 billion yuan.

TCL Technology announced that its holding subsidiary TCL China Star Optoelectronics Technology Co., Ltd. intends to purchase 10.7656% equity of Shenzhen China Star Optoelectronics Semiconductor Display Technology Co., Ltd. held by Shenzhen Major Industry Development Phase I Fund Co., Ltd. for 6.045 billion yuan. After the transaction is completed, TCL Technology's shareholding in Shenzhen China Star Semiconductor will increase from 84.2105% to 94.9761%. According to the asset evaluation report, the net asset appraisal value of Shenzhen China Star Semiconductor as of June 30, 2025 is 56.155 billion yuan, and the transaction pricing is based on this appraisal value. This acquisition aims to enhance TCL Technology's core competitiveness and profitability in the semiconductor display industry.