LGD's Guangzhou factory trade may land, and the consolidation of the panel industry is accelerating. It is expected that the voice of Chinese-funded manufacturers will be further enhanced.

Recently, it has been rumored in the market that the sale of LGD Guangzhou factory has entered the sprint stage. According to the Korean media ETNews, the buyer's due diligence for the project has been completed, and the two parties involved in the transaction have entered the negotiation stage of bargaining and trading terms. All three companies participating in the acquisition are mainland Chinese manufacturers, and the relevant transactions are accelerating. Market analysts believe that although the identity of the final buyer has not been confirmed yet, it is basically certain to be a mainland Chinese manufacturer; the production capacity of LGD Guangzhou factory is considerable, and the sale of this project means that LGD and other Korean enterprises will completely withdraw from the LCD field and accelerate the further integration of global LCD production capacity into mainland Chinese manufacturers.

Gelonghui FinanceJul 24 04:40 ET

Is Now An Opportune Moment To Examine TCL Technology Group Corporation (SZSE:000100)?

Simply Wall StJul 16 18:25 ET

Tianjin 712 Communication & Broadcasting (603712.SH): TCL Corporation cumulatively reduced 3% of its shareholding.

On July 10th, Gelonhui reported that Tianjin 712 Communication & Broadcasting (603712.SH) has received a notification of completion of shareholding reduction from TCL Corporation, entitled "TCL Technology Group Co., Ltd. Completes Shareholding Reduction in Tianjin 712 Communication & Broadcasting Co., Ltd." TCL Corporation has reduced 7,720,000 shares of the company through centralized trading, and 15,440,000 shares of the company through bulk trading, with a total reduction of 23,160,000 shares, accounting for 3% of the total number of company shares.

Gelonghui FinanceJul 10 04:54 ET

TCL Technology's H1 Profit to Surge Up to 210%; Shares Up 3%

MT NewswiresJul 10 00:55 ET

Tcl Corporation: 2024 Interim Performance Forecast

Sensex a shareJul 9 12:00 ET · Announcements

Express News | Tcl Technology Says It Sees H1 Net Profit up 180-210% Y/Y

ReutersJul 9 10:39 ET