TCL Zhonghuan Reports 353,700 Ordinary Shareholders as of June 30, 2026, Addressing Strategic Concerns

Deep News09-11

During a recent investor relations session on September 11, Tcl Zhonghuan Renewable Energy Technology Co.,Ltd. (SZSE: 002129) addressed shareholder inquiries regarding its latest shareholder count and strategic direction.

In response to a question about the current number of shareholders, the company's board secretary confirmed that as of June 30, 2026, the total number of ordinary shareholders stood at 353,700, expressing gratitude for the investor's interest.

A separate investor raised concerns about the company's decision to expand capacity during a peak in the semiconductor industry, drawing a parallel to its previous entry during the solar industry's boom. The investor suggested that management lacks strategic foresight, tends to react late to industry trends, and often acquires assets at high points rather than planning proactively. The investor urged the management team to enhance its strategic capabilities and focus on positioning for the next growth opportunity.

In response, the board secretary outlined that the company's semiconductor materials business adheres to a strategy of "leading domestically, catching up globally." When making project decisions, the company takes into account industry trends, market conditions, customer needs, and its own strategic plans, conducting thorough due diligence. Moving forward, the company will steadily advance its initiatives based on evolving market conditions and project progress. The company remains committed to optimizing its product and customer mix, increasing the share of high-value products, and improving operational efficiency to strengthen long-term competitiveness. The secretary thanked the investor for their feedback and attention.

The information provided in this article is sourced from the Shenzhen Stock Exchange's interactive platform and is intended for reference only, not as investment advice.

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