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TCL Technology Secures Approval from Shenzhen Stock Exchange for 45% Stake Acquisition in Guangzhou Huaxing Semiconductor
16 hour ago /
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Author：小编
On July 24, TCL Technology made an announcement stating that the Shenzhen Stock Exchange had given its nod to the company's acquisition of a 45% stake in Guangzhou Huaxing Semiconductor. Following the completion of this acquisition, TCL Technology will possess both direct and indirect ownership of 100% of Guangzhou Huaxing Semiconductor. It is noteworthy that Guangzhou Huaxing Semiconductor serves as the operational entity for TCL Huaxing's t9 production line. In the first half of 2026, Guangzhou Huaxing Semiconductor reported a revenue of RMB 7.926 billion, marking a year-on-year increase of 7.40%. Additionally, its net profit soared to RMB 1.154 billion, representing a remarkable year-on-year surge of 203.99%.
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