Tcl Corporation announced that its subsidiary, Tcl Huaxing Optoelectronic Technology Co., Ltd., publicly acquired 20% equity in LG Display (China) Co., Ltd. from Guangzhou High-tech Zone Technology Holding Group Co., Ltd. for 2.615 billion yuan through the Guangzhou Exchange, and has signed a property transaction contract with Guangzhou High-tech Zone Technology Holding Group Co., Ltd. This transaction aims to enhance industrial synergy and scale advantages, and improve long-term profitability. After the transaction is completed, Tcl Huaxing will hold 100% equity in LGDCA.
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TCL科技:控股子公司TCL华星以26.15亿元摘牌受让乐金显示(中国)有限公司20%股权
Tcl Corporation: Its subsidiary, Tcl Huaxing, acquired 20% equity in LG Display (China) Co., Ltd. for 2.615 billion yuan.
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