电子：TCL拟收购LGD广州厂，国产话语权持续增强

Investment Rating - The report maintains an investment rating of "Leading the Market - A" for the industry, indicating an expected investment return exceeding 10% compared to the CSI 300 index over the next six months [1]. Core Viewpoints - TCL Group has officially announced plans to acquire LG Display's (LGD) Guangzhou plant for a base purchase price of 10.8 billion RMB, which is expected to enhance the domestic manufacturers' influence and accelerate the localization of the supply chain [1]. - The acquisition includes an 80% stake in LG Display (China) Co., Ltd. and 100% of LG Display (Guangzhou) Co., Ltd., which are significant players in the large-size LCD panel market [1]. - The report highlights that the acquisition will strengthen the competitive position of TCL Huaxing and optimize resource allocation, thereby reducing operational costs and improving efficiency [1]. - The market share of mainland China's LCD TV panel manufacturers has increased to 70.4% in 2023, with TCL Huaxing among the top three manufacturers, indicating a robust growth trajectory for domestic panel makers [1]. Summary by Sections Industry Events - TCL Group's acquisition of LGD's Guangzhou plant is a strategic move to enhance its production capabilities and market position in the LCD panel industry [1]. Market Performance - The report notes that the domestic LCD TV panel market is experiencing significant growth, with TCL Huaxing, BOE, and Huike being the top three manufacturers in terms of shipment volume [1]. Analyst Information - Analysts involved in the report include Sun Yuanfeng and Wang Chenfu, who are responsible for the research and analysis presented [1].