TCL TECH.(SZ:000100)2018-07-12 16:00Financial Performance - TCL Group's net profit for the first half of 2018 is expected to rise by 1% to 10%, with a forecasted profit range of CNY 167 million to CNY 182 million, compared to CNY 166.132 million in the same period last year [2]. - The net profit attributable to shareholders is projected to increase by 50% to 60%, with an expected profit range of CNY 155 million to CNY 165 million, compared to CNY 103.384 million last year [2]. Sales and Market Performance - The total sales volume of LCD TVs reached 13.51 million units, a year-on-year increase of 37.8%, with smart TV sales at 9.383 million units, up 53.3% [5]. - The cumulative number of activated users for smart network TV terminals reached 27.354 million, while the mobile internet application platform had 428 million activated users [6]. Product and Operational Strategy - The company is focusing on optimizing its product structure and sales channels, leading to a significant increase in high-end product sales [4]. - TCL's subsidiary, TCL Communication, is undergoing operational transformation and has achieved a significant reduction in losses despite a decline in product sales due to a sluggish overseas mobile phone market [5]. - The T3 production line's capacity is steadily increasing, and the T4 and T6 construction projects are progressing smoothly, contributing to operational efficiency [3]. Industry Outlook - The panel industry is expected to recover in the second half of the year, driven by improved supply-demand dynamics and seasonal demand increases [3]. Strategic Initiatives - TCL Group has completed the renaming of TCL Electronics and acquired 100% of TCL Commercial Information, aiming to build an international electronic terminal industry group [5]. - The company plans to further enhance its operational capabilities and monetization value through strategic cooperation with JD.com in the areas of internet infrastructure, content, and services [6].