TCL科技 Secures Regulatory Approval for Share Issuance Acquisition Plan

Stock News08-20

TCL科技 (000100.SZ) has announced that its proposed acquisition through share issuance and cash payment has received the green light from the China Securities Regulatory Commission (CSRC).

The company plans to purchase a combined 45% equity stake in Guangzhou China Star Optoelectronics Semiconductor Display Technology Co., Ltd. from three sellers: Guangdong Hengjian Investment Holding Co., Ltd., Guangzhou Chengfa Xingguang Investment Partnership (Limited Partnership), and Science City (Guangzhou) Investment Group Co., Ltd.

On August 19, 2026, TCL科技 received the official approval document from the CSRC titled "Approval for the Registration of Share Issuance to Acquire Assets by TCL Technology Group Corporation," which permits the company to proceed with its share issuance for the asset acquisition.

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