TCL Electronics (01070) intends to acquire all the shares of TCL AeroWell (Cayman) Holdings Limited for 5.61 billion Hong Kong dollars.

Wisdom Financial News APP News, TCL Electronics (01070) announced that on July 15, 2026, the Company entered into a sale and purchase agreement with sellers (NXTHome, YF Rongye, Core Elite, Union Vast and Reach Glory), under which the sellers agreed to sell and the Company agreed to purchase all the shares of the target company TCL AeroWell (Cayman) Holdings Limited, for a total consideration of HK$5.61 billion, which will be paid in a combination of cash and consideration shares.