TCL Technology (000100.SZ) has declared its intention to acquire a 45% shareholding in Guangzhou Huaxing Semiconductor, currently owned by Hengjian Investment and other entities. This will be executed through a combination of share issuance and cash payment. The associated registered capital amounts to RMB 7.875 billion, with the entire transaction valued at RMB 9.325 billion, and will also encompass raising matching funds. This acquisition pertains to a minority interest in a subsidiary, and once finalized, TCL Technology will possess both direct and indirect ownership of 100% equity in Guangzhou Huaxing Semiconductor. This strategic maneuver will empower TCL Technology to bolster its operational backing for the subsidiary, enhance business execution efficiency, underscore its core competitiveness within its principal business domain, and cement its industry-leading status, all while preserving the integrity of its primary business operations.