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TCL Zhonghuan: Subsidiary Completes Delivery of 100% Equity in Malaysian Subsidiary
1 day ago /
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Author：小编
On February 13, 2026, TCL Zhonghuan announced that SPT, a wholly-owned subsidiary of its controlling subsidiary Maxeon, had completed the full delivery of the sale of 100% equity in its Malaysian wholly-owned subsidiary SPMY to MFSS, a grand subsidiary of Shenghong Technology, with a total transaction consideration not exceeding US$51 million. After the delivery, SPMY will no longer be included in the consolidated financial statements of the company and Maxeon.
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