Core Viewpoint - TCL Technology Group announced the latest progress of its subsidiary TCL Huaxing Optoelectronics in the 8.6-generation printed OLED production line project (the "t8 project") [1] Group 1: Project Financing and Structure - TCL Huaxing has signed a capital increase agreement with state-owned shareholders, establishing the registered capital and equity structure of the t8 project company, Guangzhou Huaxing Optoelectronics Printing Display Technology Co., Ltd. [3] - The total registered capital of the project company is set at 17.7 billion RMB, with TCL Huaxing contributing 6.72 billion RMB in cash. The National Development Bank's new policy financial tool company provides strong financial support with a cash contribution of 6.5 billion RMB [3] - Local state-owned enterprises, Guangzhou Chengfa Xing Investment Partnership and Guangzhou Huangpu Kaitou Zhixing Investment Fund, will each contribute 2.24 billion RMB in cash. All parties have committed to complete their capital contributions by December 31, 2026 [3] Group 2: Project Overview and Timeline - The t8 project has a total investment of 29.5 billion RMB, co-funded by TCL Huaxing, the Guangzhou Municipal Government, and the Guangzhou Economic and Technological Development Zone Management Committee [4] - The project is designed to process approximately 22,500 glass substrates (2290mm × 2620mm) per month, with printed OLED products primarily aimed at medium-sized displays, laptops, and tablets [4] - The t8 project officially commenced construction in October this year, with the first batch of products expected to be mass-produced and delivered in the fourth quarter of 2027 [4]
注册资本177亿,TCL华星签署t8项目公司增资协议