TCL Technology: It is planned to transfer the property share of Chongqing Zhongxin Rongxin for 960 million yuan

Core Tip: TCL Technology (000100) announced on the evening of June 26 that the company planned to subscribe for 1.5 billion yuan to participate in the investment in Chongqing Zhongxin Rongxin Investment Center (Limited Partnership) (referred to as "Chongqing Zhongxin Rongxin"). The company has paid 900 million yuan, and there is still 600 million yuan that has not been contributed.
TCL Technology (000100) announced on the evening of June 26 that the company planned to subscribe for 1.5 billion yuan to participate in the investment in Chongqing Zhongxin Rongxin Investment Center (Limited Partnership) (referred to as "Chongqing Zhongxin Rongxin"). 900 million yuan has been paid in, and 600 million yuan has not been contributed.

TCL Technology said that in order to focus on the development of resources on the main track of technology and to meet the needs of the company's announced financing projects, the company plans to transfer all the property shares held by Chongqing Zhongxin Rongxin to TCL Industrial, with a transaction consideration of 960 million yuan. The transaction is not expected to have a material impact on the company's financial condition and results of operations.