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TCL Technology: Set to Purchase a 10.7656% Interest in Shenzhen Huaxing Semiconductor for RMB 6.045 Billion
2025-12-15 /
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Author：小编
TCL Technology revealed in a public announcement that its controlled affiliate, TCL Huaxing Optoelectronics, intends to buy a 10.7656% share in Shenzhen Huaxing Semiconductor from the Shenzhen Major Industry Development Phase I Fund for RMB 6.045 billion. Upon completion of the deal, TCL Huaxing Optoelectronics' ownership stake in Shenzhen Huaxing Semiconductor will rise from 84.2105% to 94.9761%. The transaction price is determined according to the net asset valuation of Shenzhen Huaxing Semiconductor as of June 30, 2025, with the company being valued at RMB 56.155 billion. TCL Huaxing Optoelectronics' move to acquire the stake is aimed at bolstering its core competitiveness and profitability within the semiconductor display sector.
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