Core Viewpoint - TCL Electronics reported a significant growth in its mid-year performance for 2025, driven by its "mid-to-high-end" and "globalization" strategies, achieving a 20.4% year-on-year revenue increase to HKD 54.78 billion [1] Group 1: Financial Performance - The company's after-tax profit for the first half of the year reached HKD 1.05 billion, marking a 60.5% increase year-on-year [1] - Adjusted net profit attributable to shareholders was HKD 1.06 billion, up 62.0% year-on-year [1] Group 2: Television Business - TCL's global television shipment volume increased by 7.6% year-on-year to 13.46 million units, maintaining its position among the top two globally [1] - The shipment of mid-to-high-end Mini LED televisions surged by 176.1% year-on-year to 1.37 million units [1] - Revenue from the large-size display business grew by 9.4% year-on-year to HKD 28.35 billion, with a gross margin increase of 0.5 percentage points to 15.9% [1] Group 3: Market Expansion and Innovation - In the domestic market, TCL's television shipment volume grew by 3.5% year-on-year, while international shipments rose by 8.7% [2] - The company is expanding its global production capacity, which has surpassed 30 million units annually, allowing for flexible allocation across regions [2] - TCL is investing in high-end display and AI technology, enhancing product and operational efficiency, and has upgraded its AI interaction on television [2] Group 4: New Business Ventures - TCL launched the world's first split-type smart home companion robot, TCL AiMe, at CES, integrating AI and IoT functionalities [3] - The company is collaborating with Ant Group to develop innovative digital payment solutions, leveraging AI and AR technologies [2][3] - Future strategies include deepening the "mid-to-high-end + globalization" approach, enhancing brand strength, and promoting digital transformation [3]