TCL Group yesterday Trading

The panel project melts 5.7 billion yuan senior executives to pay 1.8 billion yuan subscription

Yesterday, the one-month suspension of TCL Group announced targeted additional plans and a duplicate license. The plan shows that TCL Group proposed to the additional financing of 5.7 billion yuan to China star photoelectric LCD panel project, and participate in the targeted additional object strength, the national Development Bank wholly-owned subsidiary of the country opened financial three companies subscribed to 1.5 billion yuan. In addition, the purple Light group's wholly-owned subsidiary Purple Light Communications subscription for 1 billion yuan, and most of the investors concerned that TCL executives, employees through the investment company plans to invest 1.801 billion yuan to subscribe 862 million shares. TCL Group Trading yesterday.

Reporter Segment Chen group

After the suspension of January, TCL Group (000100) announced yesterday, TCL Group proposed to increase the financing of 5.7 billion yuan, the proposed project to 2.09 yuan/share to include Huizhou, innovation, Violet Communication, Citic Capital, such as 10 specific objects issued 2.728 billion shares, total raise capital of 5.7 billion yuan, after deducting the issue fee, the increase will be mainly used to raise funds for Huaxing photoelectric second 8.5 generation LCD panel production line construction.

Multi-channel capital participation in the increase

To participate in the TCL group directional additional object of strength, its China to create new and new state-owned equipment of the holding shareholder, the state opened a sincere one of the shareholders for the country opened Financial limited liability company, and the latter is a wholly-owned subsidiary of the National Development Bank. The three major companies owned by the state-run Finance group subscribed for 1.5 billion yuan.

In addition, the violet light communication becomes another focus of this target, the subscription of 1 billion yuan, it is reported that the purple Violet communication is a wholly-owned subsidiary of the Group, according to Li, the Violet light communication is not only as a financial investor, but also the investment industry investors TCL Group, the future of the two sides in the chip field has the possibility of cooperation, and the current TCL communication part of the product has adopted the purple Light Group investment of the exhibition technology chip.

According to DisplaySearch forecast, 2017 global TFT-LCD panel industry revenue will exceed 140 billion U.S. dollars, accounting for the entire flat panel display industry 83.27%. According to Li, from now to 2015, the global 32-inch, 48-inch and 55-inch panels are in short supply, for Huaxing will have a separate listing opportunities, Li said that there is no plan at the moment.

TCL Group yesterday after the direct trading, although it opened trading, but finally firmly sealed the trading board. For the pursuit of funds, the industry said that the increase in capital, TCL executives and core staff through the investment platform to subscribe 1.8 billion yuan to investors greater confidence.

Employees subscribe to 1.8 billion yuan trading

It is reported that the two companies involved in the increase, nine days Li control of the company as a general partner of the Enterprise, Dongxing Huarui is TCL Group employees and other subjects to participate in the establishment of enterprises, the two senior executives and staff shareholding platform plan to invest 1.801 billion yuan to subscribe 862 million shares.

Industry said that because of the strength of senior executives and staff in the recent domestic listed companies in the case of a rare, plus the private issue of the lock-up period of three years, so show the company's senior executives to the project full confidence, causing funds yesterday to enter and grab.

Performance: Half of the first half of the year star photovoltaic contribution profit

Data show that TCL group in the first half of this year to achieve business income of 43.793 billion yuan, an increase of 12.1%, to achieve the ownership of the listed company shareholders of the net profit of 1.474 billion yuan, an increase of 90.8%. And in the domestic color TV industry in general recession in the first half of this year, the main reason for the sharp rise in TCL net profit is that its subsidiary huaxing photoelectric performance increased greatly.

Data show that, during the reporting period, Huaxing realized sales revenue of 8.506 billion yuan, an increase of 24.8%, net profit of 981 million yuan, an increase of 10%, from the data, Huaxing contributed TCL half of the net profit. In yesterday's performance explanation meeting, TCL chairman Li said, the first half of this year TCL group Color TV Business by the National policy exit influence, as well as the domestic market competition intensifies, color TV sales fell Year-on-year, is the only one of all business decline. Data show that the first half of this year TCL Group LCD TV sales of 7.87 million units, the year-on-year decline of 0.94%.

For Huaxing photoelectric occupy Tcl group more than half of the net profit ratio is too large, Li yesterday responded to this reporter asked a question, according to the current global panel demand exuberant trend, huaxing to obtain better profits is normal, and other businesses will be through a variety of efforts to improve profitability.