TCL plans to increase 2 billion yuan to repay Huaxing Optoelectronics equity transfer

TCL Group (000100) issued a plan to increase the number of shares. The company plans to issue no more than 1 billion shares at a price of not less than 2.01 yuan per share. The funds will be used to pay the remaining transfer money for the acquisition of the equity of Huaxing Optoelectronics in March. Li Dongsheng, the company's shareholder, will subscribe for the fixed stock in cash of no more than 300 million yuan.

According to the data, on March 1 this year, Shenchao Company publicly listed the equity of the 3 billion yuan registered capital contribution of Huaxing Optoelectronics held by Shenzhen United Assets and Equity Exchange (accounting for 30% of the capital contribution of Huaxing Optoelectronics registered capital at that time). ), TCL Group won the underlying share price with a listing price of 3.1 billion yuan.

At present, TCL Group has signed the “Enterprise State-owned Property Rights Transfer Contract” with Shenchao Company. At present, TCL Group has paid RMB 1.6 billion equity transfer to Shenchao Company. According to the agreement, the remaining amount must be paid before December 15 this year.

The announcement said that the remaining equity transfer price of 1.5 billion yuan will be paid through part of the funds raised through this non-public offering. In addition, in addition to the above-mentioned acquisitions, the funds raised will be used to supplement the company's liquidity.

It is understood that the issuance plan still needs to be reviewed and approved by the company's shareholders meeting and reported to the China Securities Regulatory Commission for approval. In addition, the acquisition of the equity of Huaxing Optoelectronics will require the approval of the competent commercial authority.

On the same day, TCL Group also released a semi-annual report, and the company's performance was full. During the reporting period, the company achieved operating income of 39 billion yuan, a year-on-year increase of 31%; net profit of 600 million yuan, an increase of 121%.

According to the announcement, the company said that the main reason for the significant year-on-year growth in the first half of the year was that Huaxing Optoelectronics achieved full production in the first half of the year, and achieved operational profitability by optimizing production processes, strengthening cost control, improving production efficiency and improving product structure. Significantly increased year-on-year, with a net profit of 892 million yuan during the reporting period. At the same time, the communications business turned around in the second quarter.

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