Core Viewpoint - TCL Technology and its subsidiary TCL Huaxing have signed a project cooperation agreement with the Guangzhou Municipal Government and the Guangzhou Economic and Technological Development Zone Management Committee to jointly build an 8.6-generation printed OLED display panel production line, with a monthly processing capacity of approximately 22,500 glass substrates sized 2290mm x 2620mm [1] Investment Details - The total investment for the T8 project is estimated at approximately RMB 29.5 billion [1] - The parties involved have agreed to jointly contribute RMB 14.75 billion to the registered capital of the project company, with TCL Huaxing contributing RMB 8.85 billion and the state-owned enterprises coordinated by the Guangzhou Municipal Government contributing RMB 5.9 billion [1] - The remaining investment will be financed through loans from a syndicate and other legally compliant methods [1]

Core Viewpoint - TCL Technology and its subsidiary TCL Huaxing have signed a project cooperation agreement with the Guangzhou Municipal Government and the Guangzhou Economic and Technological Development Zone Management Committee to jointly build an 8.6-generation printed OLED display panel production line, with a total investment of approximately 29.5 billion yuan [1] Investment Details - The new production line will have a monthly processing capacity of about 22,500 glass substrates measuring 2290mm x 2620mm, targeting applications in flat panels, laptops, and monitors [1] - The total investment for the project is approximately 29.5 billion yuan, with an agreed joint capital contribution of 14.75 billion yuan to the project company, which is responsible for construction and operation [1] - TCL Huaxing will contribute 8.85 billion yuan, while the Guangzhou Municipal Government and state-owned enterprises coordinated by the Guangzhou Economic and Technological Development Zone Management Committee will contribute a total of 5.9 billion yuan [1] Financing Structure - The remaining investment required beyond the registered capital will be addressed through loans from a syndicate and other legally compliant methods [1]