TCL Technology: The Issuance of Shares and Cash Payment for Asset Acquisition Approved
16 hour ago / Read about 0 minute
Author:小编   

On July 24, 2026, TCL Technology (000100) announced that the company plans to issue shares and make cash payments to acquire a 45.00% stake in Guangzhou CSOT Semiconductor Display Technology Co., Ltd., jointly held by Guangdong Hengjian Investment Holdings Co., Ltd., Guangzhou Chengfa Xingguang Investment Partnership (Limited Partnership), and Science City (Guangzhou) Investment Group Co., Ltd. This matter has been approved by the Merger and Acquisition Review Committee of the Shenzhen Stock Exchange. The transaction still requires approval from the China Securities Regulatory Commission for registration, and there is uncertainty regarding whether and when such approval will be obtained.