Group 1: TCL and Brilliance China Automotive Project - The smart cockpit production base project between TCL Industries and Brilliance China has surpassed the halfway mark in construction [2] - This project represents TCL Group's first industrial landing in Northeast China, with a total investment of 1.4 billion RMB and a construction area of approximately 25,000 square meters [4] - The project aims to produce automotive electronic products, including vehicle display screen assemblies, smart cockpit systems, and intelligent driving domain controllers, with a projected cumulative output value exceeding 10 billion RMB over five years [4] - A joint venture was established between Brilliance's subsidiary and TCL, with each party holding a 50% stake and a total capital of 1.4 billion RMB [4] Group 2: Full Ocean G8.6 Metal Mask Project - The main structure of the Full Ocean G8.6 metal mask project has commenced, with the first pillar successfully installed [5] - The project has a total investment of 500 million RMB and will be built in two phases, with the first phase expected to be completed by June 2026 and an anticipated annual output value of 300 million RMB [7] - Full Ocean Optoelectronics focuses on the production of metal masks for OLED displays and aims to achieve a total annual output value of 600 million RMB upon full production [7] - The company has already achieved trial production of the 8.6 generation OLED FMM products as of December 2024 [7]

Core Viewpoint - TCL Industrial and Brilliance China have initiated a joint venture to establish an intelligent cockpit production base in Shenyang, with a total investment of 1.4 billion RMB, aiming to enhance the automotive electronics sector and contribute to regional industrial upgrades [3]. Group 1 - The joint venture will produce automotive electronic products, including in-car display assemblies, intelligent cockpit systems, and intelligent driving domain controllers, targeting both domestic and international mainstream manufacturers [3]. - The project is expected to generate a cumulative output value exceeding 10 billion RMB within five years, indicating significant growth potential for the region's automotive industry [3]. - The partnership is based on a joint venture agreement signed on December 31, 2024, with both parties holding a 50% stake in the new company [3]. Group 2 - TCL Industrial's CEO highlighted the project's milestone significance for the company's development and its strategic importance for the intelligent automotive business in Northeast China [3]. - The joint venture will leverage the existing industrial foundation in Northeast China to explore innovative paths and support the intelligent upgrade of Shenyang's automotive industry [3].