TCL TECH.(SZ:000100) Sou Hu Cai Jing·2025-12-26 12:52Core Viewpoint - TCL Technology Group announced the latest progress on the investment and construction of the 8.6-generation printed OLED production line project, aiming to enhance its position in the global new display industry and achieve industrialization of high-generation printed OLED technology [1][4]. Group 1: Project Overview - The project involves the construction of a production line with a monthly processing capacity of approximately 22,500 glass substrates measuring 2290mm x 2620mm [1][4]. - TCL Huaxing Optoelectronics Technology Co., Ltd. will collaborate with the Guangzhou Municipal Government and the Guangzhou Economic and Technological Development Zone Management Committee for this project [1][4]. Group 2: Investment and Capital Structure - The registered capital of the project company, Guangzhou Huaxing Optoelectronics Printing Display Technology Co., Ltd., is set at 17.7 billion yuan [5][6]. - TCL Huaxing will contribute 6.72 billion yuan, while other partners will contribute as follows: 6.5 billion yuan from the National Development New Policy Financial Tool Co., Ltd., and 2.24 billion yuan each from two investment partnerships [5][6]. Group 3: Governance and Management - The project company will have a board of directors consisting of 9 members, with TCL Huaxing nominating 5 members and the state-owned partners nominating 2 members each [6]. - The management structure will include a manager nominated by TCL Huaxing, who will also serve as the legal representative, along with a deputy manager and a financial officer also nominated by TCL Huaxing [6]. Group 4: Future Steps - The project company will apply for the necessary business registration changes with the market supervision administration as per the transaction agreement [7].