Group 1: Business Overview - TCL Group's main business includes 11 segments, focusing on semiconductor display, multimedia electronics, telecommunications, home appliances, and commercial systems [2][3] - The company plans to optimize its industrial structure through asset restructuring and divestment of non-core assets [2][4] Group 2: Financial Performance - In the reporting period, TCL Group achieved revenue of 82.21 billion CNY, a year-on-year increase of 5.82% [3] - Main business revenue reached 81.19 billion CNY, growing by 8.07% year-on-year [3] - EBITDA was 10.55 billion CNY, reflecting a significant year-on-year growth of 62.2% [3] - Net profit stood at 3.03 billion CNY, up 48.6% year-on-year, with net profit attributable to shareholders at 1.91 billion CNY, increasing by 23.9% [3] Group 3: Market Dynamics - The semiconductor display industry remains robust, with significant sales growth from Huaxing Optoelectronics [3][7] - The multimedia business has shown continuous improvement, benefiting from cost reduction and efficiency enhancement measures [3][4] Group 4: Strategic Initiatives - The company is focusing on business restructuring and optimizing financing platforms to enhance market value [4][8] - Non-core business divestment is ongoing to concentrate on leading industries, with plans for asset securitization to improve operational efficiency [4][5] Group 5: Product Development and Innovation - TCL Group has 23 R&D centers globally, with over 7,000 R&D personnel and a strong patent portfolio [5] - The average selling price of televisions increased by 19.3%, with a total of 16.476 million LCD TVs sold, marking a 10.5% year-on-year growth [5][6] - The company is actively developing smart and internet service businesses, with a significant increase in active users across its platforms [6][7] Group 6: Challenges and Future Outlook - The telecommunications segment faced challenges with a 35.1% decline in product sales, totaling 32.865 million units [7] - The company anticipates improvements in operational efficiency and product technology in the upcoming year [7][8]