申万宏源证券承销保荐有限责任公司 之 独立财务顾问核查意见 独立财务顾问 关于 TCL 科技集团股份有限公司 发行股份及支付现金购买资产并募集配套资金 标的资产过户情况 二〇二五年七月 声明 本部分所述词语或简称与本核查意见"释义"所述词语或简称具有相同含义。 申万宏源证券承销保荐有限责任公司（以下简称"申万宏源承销保荐"或"独 立财务顾问"）接受 TCL 科技委托，担任 TCL 科技发行股份及支付现金购买资 产并募集配套资金的独立财务顾问，并出具本独立财务顾问核查意见。 本独立财务顾问核查意见是依据《公司法》《证券法》《重组管理办法》《格 式准则 26 号》等法律、法规、文件的有关规定和要求，按照行业公认的业务标 准、道德规范，本着诚实信用和勤勉尽责的原则，通过尽职调查和对重组报告书 等的审慎核查后出具的，以供中国证监会、深圳证券交易所及有关各方参考。 1、本独立财务顾问核查意见所依据的文件、材料由相关方提供。提供方对 所提供资料的真实性、准确性、完整性和及时性负责，保证资料无虚假记载、误 导性陈述和重大遗漏，并对所提供资料的合法性、真实性和完整性承担个别和连 带法律责任。本独立财务顾问不承担由此引起的任何 ...

证券代码：000100 证券简称：TCL 科技 公告编号：2025-060 TCL 科技集团股份有限公司 关于发行股份及支付现金购买资产并募集配套资金 之标的资产过户完成的公告 TCL 科技集团股份有限公司及董事会全体成员保证公告内容的真实、准确 和完整，没有虚假记载、误导性陈述或者重大遗漏。 TCL 科技集团股份有限公司（以下简称"公司"）拟发行股份及支付现金购 买深圳市重大产业发展一期基金有限公司持有的深圳市华星光电半导体显示技 术有限公司（以下简称"深圳华星半导体"）21.5311%股权（以下简称"标的资 产"），并拟向不超过 35 名（含）符合条件的特定对象发行股份募集配套资金（以 下简称"本次交易"）。 公司已收到中国证券监督管理委员会（以下简称"中国证监会"）出具的《关 于同意 TCL 科技集团股份有限公司发行股份购买资产并募集配套资金注册的批 复》，具体内容详见公司于 2025 年 6 月 27 日披露的《关于收到中国证券监督管 理委员会<关于同意 TCL 科技集团股份有限公司发行股份购买资产并募集配套资 金注册的批复>的公告》。公司收到中国证监会注册批复后积极开展了标的资产过 户相关工作。截至 ...

TCL 科技集团股份有限公司监事会 关于公司 2025 年员工持股计划的核查意见 (产品代码：159732) ★ 跟踪：国证消费电子主题指数 近五日涨跌：4.24% TCL 科技集团股份有限公司（以下简称"公司"）监事会根据《中华人民共 和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下 简称"《证券法》"）、《关于上市公司实施员工持股计划试点的指导意见》（以 下简称"《指导意见》"）、《深圳证券交易所上市公司自律监管指引第 1 号— —主板上市公司规范运作》（以下简称"《自律监管指引第 1 号》"）和《公司 章程》等有关规定，本着勤勉尽责的态度，对《公司 2025 年员工持股计划（草 案）》（以下简称"2025 年员工持股计划"）等相关事项进行了核查，发表审核 意见如下： 《证券法》 《指导意见》等法律法规和规范性 文件规定的禁止实施员工持股计划的情形。 股计划内容符合《指导意见》《自律监管指引第 1 号》等法律、法规及规范性文 件的规定，不存在损害公司及全体股东利益的情形。 不存在摊派、强行分配等方式强制员工参与员工持股计划的情形，亦不存在公司 向员工持股计划持有人提供贷款、贷款担保或 ...

Group 1 - The company held the seventh meeting of the eighth Supervisory Board on June 27, 2025, via communication, with all three supervisors present, complying with relevant laws and regulations [1] - The Supervisory Board approved the proposal for the 2025 Employee Stock Ownership Plan (draft) with a vote of 2 in favor, 0 abstentions, and 0 against, with related supervisor Zhu Wei abstaining from the vote [1] - The proposal for the 2025 Employee Stock Ownership Plan Management Measures was also approved with the same voting results and requires submission to the shareholders' meeting for review [1]

Core Viewpoint - TCL Technology Group Co., Ltd. has proposed a 2025 employee stock ownership plan aimed at enhancing corporate governance, motivating employees, and aligning their interests with those of the company and shareholders [1][2][20]. Summary by Sections Purpose of the Employee Stock Ownership Plan - The plan aims to improve corporate governance, enhance overall company value, and solidify the company's industry position by fostering a sense of mission and responsibility among employees [2][20]. - It seeks to optimize the compensation incentive system, balancing motivation and constraints to achieve long-term value sharing between the company and its employees [2][20]. Basic Principles of the Plan - The plan will be implemented in compliance with laws and regulations, ensuring voluntary participation without coercion [2][20]. - It emphasizes a shared interest principle, linking the number of shares allocated to performance metrics at the company and individual levels [2][20]. Participants and Holdings - The plan will include up to 3,600 participants, primarily mid-to-senior management and key employees, with a total subscription amount not exceeding 800 million yuan [2][3]. - The total shares available for purchase under the plan are approximately 184.76 million shares, representing about 0.98% of the company's total equity [3][20]. Funding and Stock Sources - The funding for the plan will come from employees' legal income and performance bonuses, with no financial assistance or loans provided by the company [3][20]. - The shares will be sourced from the company's repurchased stock, with a purchase price based on the average closing price on June 25, 2025, set at 4.33 yuan per share [3][20]. Performance Assessment Targets - Key performance indicators include a net profit growth rate of at least 30% for 2025 compared to 2024, and similar revenue growth targets [6][20]. - The plan's success is contingent on achieving these performance metrics, with stock allocations tied to both company and individual performance [6][20]. Lock-up Period and Management - A 12-month lock-up period will be established post-announcement, during which trading of the shares is prohibited [5][20]. - The plan will be managed by a dedicated committee, with provisions for extending the plan if necessary [5][20]. Rights and Obligations of Participants - Participants will have the right to attend meetings, vote, and receive benefits according to their holdings, while also being obligated to adhere to the plan's rules [8][20]. - The plan prohibits the transfer or use of shares as collateral during its duration, ensuring the integrity of the ownership structure [8][20]. Conclusion - The employee stock ownership plan is designed to align the interests of employees with those of the company and its shareholders, promoting sustainable growth and stability within TCL Technology Group [20][21].

Company Overview - TCL Technology Group Corporation is engaged in the research, development, production, and sales of semiconductors, electronic products, communication equipment, and new optical and LCD display devices [3][5] - The main revenue sources include semiconductor display business, new energy photovoltaic and other silicon material businesses, and distribution business [5] Bond Issuance Details - The company issued several bonds, including 24TCLK1, 24TCLK2, 24TCLK3, and 24TCLK4, with total amounts of 15 billion RMB for the first two and 10 billion RMB each for the last two [1][2][7] - The interest rates for these bonds range from 2.29% to 2.69%, with maturity dates extending from 2026 to 2029 [2][7] Financial Performance - The company's financial performance shows a decline in operating results, particularly in the photovoltaic sector, attributed to industry cyclical downturns [5][6] - The total revenue for the semiconductor display business was approximately 10.43 billion RMB, with a gross margin of 19.15% [5] - The overall revenue for the year was reported at 16.48 billion RMB, with a gross margin of 11.59% [5] Fund Utilization - The funds raised from the bond issuance were fully utilized for repaying interest-bearing liabilities and supplementing working capital, in accordance with the stated purposes in the bond prospectus [6][10] - The company has established a special account for the management of the raised funds, ensuring compliance with regulatory requirements [6][10] Credit Rating - The company's bonds have received a credit rating of AAA from China Chengxin International Credit Rating Co., Ltd., indicating a strong creditworthiness [8][9]

Group 1 - The opening of the Shenzhen-Zhongshan Corridor has significantly improved transportation efficiency, reducing travel time between Shenzhen and Zhongshan from over 2 hours to under 30 minutes, facilitating the flow of technology and capital in the Guangdong-Hong Kong-Macao Greater Bay Area [1] - TCL Technology has established its air conditioning division in Zhongshan, supported by local industrial resources, with projected production value exceeding 20 billion yuan in 2024, marking a year-on-year growth of over 30% [2] - Jiangbolong Electronics has set up a production base in Zhongshan, enhancing its operational capabilities and achieving a "half-hour connectivity" with its Shenzhen headquarters [2] Group 2 - The Shenzhen-Zhongshan Corridor serves as a bridge for 29 A-share listed companies in Zhongshan, providing broader market opportunities and closer integration with Shenzhen's industrial chain and innovation resources [3] - Companies like Guangdong Yidun Electronics are leveraging the corridor to strengthen their market position in the printed circuit board industry, focusing on automotive electronics and new energy sectors [3] - The corridor has enabled companies such as Huayi and Zhongshan United Optoelectronics to enhance their collaboration with Shenzhen firms, optimizing their production and R&D processes [3][4] Group 3 - The corridor promotes industrial collaboration, allowing Shenzhen to focus on high-end R&D while Zhongshan consolidates its manufacturing advantages, creating a clearly defined and collaborative industrial landscape [4]

Group 1 - TCL Technology has launched a new employee stock ownership plan (ESOP) with a maximum funding of 800 million yuan, aiming for performance growth targets by 2025 [1] - The ESOP will allow for the purchase of approximately 185 million shares, representing about 0.98% of the company's total share capital [1] - The plan is open to middle and senior management as well as key employees, with a total of up to 3,600 participants expected [1] Group 2 - The ESOP sets ambitious growth targets, requiring an average net profit growth rate of no less than 30% for 2025 compared to 2024, and for 2024 compared to 2023 [2] - In Q1, TCL Technology reported a revenue of 40.1 billion yuan, a year-on-year increase of 0.4%, and a net profit of 1.01 billion yuan, a year-on-year increase of 322% [2] Group 3 - The recovery of the semiconductor display business is a key driver of TCL Technology's performance growth, with revenue from this segment reaching 27.5 billion yuan, a year-on-year increase of 18% [3] - TCL Technology has completed the acquisition of LGD's Guangzhou production line, which is expected to contribute positively to the display business's annual performance [3] - The company is optimistic about maintaining rapid growth in revenue and profit for the display business, supported by macro policies and industry trends [3]

Group 1: Shippeo Leadership Appointment and Market Positioning - Shippeo appointed Brandon Oliveri-O'Connor as Chief Revenue Officer and Ben Douglass as Chief Marketing Officer, both previously key figures at Procore, where they helped grow annual recurring revenue from $50 million to $1 billion [1] - Their experience in expanding SaaS companies in complex industries, particularly in Europe, the UK, and the Middle East, is expected to drive Shippeo's growth [1] - Shippeo's platform integrates with over 228,000 carriers and 1,100 transportation management systems, tracking over 90 million shipments annually across 150 countries [1] Group 2: TCL Technology Acquisition of Huaxing Semiconductor - TCL Technology plans to acquire 21.5311% of Shenzhen Huaxing Semiconductor from Shenzhen Major Industry Fund for approximately 11.56 billion RMB [2] - This acquisition will enhance TCL's control over two of the five global G10.5/11 production lines, which focus on large-size panels, accounting for 35% of the global supply capacity [2] - The acquisition aims to improve coordination in R&D, production, and sales, creating a synergistic effect between panels and terminals [2] Group 3: Decline in Autonomous Delivery Vehicle Prices - The price of autonomous delivery vehicles has plummeted from millions to between 16,800 to 19,800 RMB, a decrease of 98% [3] - The price drop is attributed to technological advancements and reduced manufacturing costs, particularly in lidar and battery technology [3] - The use of autonomous delivery vehicles can significantly lower delivery costs, with urban delivery costs per ticket dropping from 0.17 RMB to 0.1 RMB, a reduction of over 40% [3] Group 4: Cyber Technology Showcase at SME Expo - Industry leaders can gain market share by addressing issues such as safety, road rights, and technology integration, facilitating the commercialization of autonomous delivery vehicles [4] - The 2023 China International SME Expo showcased over 2,000 SMEs from more than 50 countries, highlighting their potential in technological innovation [4] Group 5: AI Large Model Market Competition - Among the "six small giants" in the AI large model sector, only three companies made it to the top 50 list, with Zhipu Technology leading with 31 projects won [5] - iFLYTEK secured the most bids in 2024, focusing on private deployments in state-owned enterprises, government, education, and healthcare [5] - Custom development services, despite lower profit margins, have a higher total bid amount compared to application product vendors, indicating their significant role in the industry [5] Group 6: Innovations from SMEs - Yujiang Technology launched the CR 30H collaborative robot, overcoming traditional load and speed limitations [6] - Lingdu Intelligent introduced the first commercial curtain wall cleaning robot in China, enhancing safety and water-saving features [6] - The rapid development of SMEs in robotics, smart hardware, AI applications, and digital transformation presents numerous investment opportunities [6]

证券代码：000100 证券简称：TCL 科技 TCL科技集团股份有限公司 2025年员工持股计划 管理办法 2025 年 6 月 | 第一章 | 员工持股计划的制定 2 | | --- | --- | | 第二章 | 员工持股计划的管理 6 | | 第三章 | 员工持股计划资产构成及持有人权益处置办法 12 | | 第四章 | 股东大会授权董事会的具体事项 14 | | 第五章 | 附则 15 | 公司实施员工持股计划，严格按照法律、行政法规的规定履行相应程序， 真实、准确、完整、及时地实施信息披露。任何人不得利用员工持股计划进行 内幕交易，实施操纵证券市场等证券欺诈行为。 （二）自愿参与原则 公司实施员工持股计划遵循公司自主决定、员工自愿参加的原则，公司不 以摊派、强行分配等方式强制员工参加员工持股计划。 2025年员工持股计划（管理办法） 为进一步完善TCL科技集团股份有限公司（以下简称"公司"）治理机 制、提升公司整体价值，追赶超越，实现全球领先，建设完善的薪酬激励体 系，实现激励约束并重的目标，公司根据《中华人民共和国公司法》（以下简 称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证券法 ...