TCL Group announced on the evening of November 17 that in order to further expand the vertical integration advantages of TCL Group Semiconductor, optimize the supply chain and manufacturing capabilities of TCL Group and enhance the overall competitiveness of TCL Group, after full investigation and demonstration, the Company proposed TCL Group, Zhongkai District, Chenjiang Street, Huizhou City, investment in the construction of integrated smart module manufacturing base integrated intelligent manufacturing industry base - Huaxing high-generation module sub-project, a total investment of about 9.6 billion yuan, of which 7.805 billion yuan Huizhou Huaxing invested TCL Industry Park invested 1.755 billion yuan.
It is understood that the intelligent manufacturing industry park will mainly produce LCD TV display module, liquid crystal display module and other modules of the final model project completed, will become the highest generation of Huaxing LCD G11 and G8.5 on behalf of the line supporting Factories, but also for the whole machine manufacturers in the region to provide high-quality liquid crystal display module, and further enhance the Huaxing photoelectric in the new semiconductor display industry strength.
Reporter learned that, in November 2009 founded Huaxing photoelectric, mainly engaged in the semiconductor display panel development, production and sales business, mainly by the Shenzhen TCL Group and Shenzhen ultra-technology co-founded the initial registered capital of 1 billion yuan, TCL and deep Ultra-technology were subscribed 50% .That after seven years, after nine replenishment and six equity transfer, Huaxing photoelectric registered capital reached 18.342 billion yuan, deep ultra-technology exit, TCL ownership ratio reached 75.67% .Now, TCL Group The shareholding ratio has increased to 85.71%.
In recent years, Huaxing Power has been an important source of profit for TCL Group.Data show that Huaxing Power contributed half of the profit for TCL in 2016: Huaxing Power realized a revenue of 22.3 billion yuan and a net profit of 2.31 billion yuan in 2016. At present, Optoelectronics ranked fifth in the global TV panel market and ranked second in terms of market share among TV LCD panel makers in mainland China.
Benefiting from Huaxing's sharp growth in LCD panel business profitability, continuous improvement of multimedia business and better performing financial and investment business, TCL Group recently delivered a rather impressive performance report card in the first three quarters of this year. The announcement shows that during the reporting period The company achieved operating income of 82.21 billion yuan, an increase of 5.82%; net profit of 3.03 billion yuan, an increase of 48.6%; of which net profit attributable to shareholders of listed companies 1.91 billion yuan, an increase of 23.9%.
It is noteworthy that, according to TCL Group revealed that the current Huaxing power capacity increase and continue to maintain full sales, orders in good condition in the fourth quarter. Currently Huaxing Power Production has two 8.5-generation and one 6-generation line and Is the construction of the 11th generation line and the second 6th generation line .2 8.5 on behalf of the line and a 11 on behalf of the line in Shenzhen, the main production of TV panels .2 six generations in Wuhan, the main production cell phones and other small-size panels. In terms of production and research and development of Wuhan Huaxing Full Screen Products, the mass production is expected in the fourth quarter.
The latest public information shows that in the next five years, Huaxing will increase its investment in five areas of intelligent design, intelligent operation, intelligent manufacturing, intelligent decision-making and intelligent architecture to build a world-class flexible intellectual manufacturing system and make efforts to become China-made 2025 benchmark companies.