The large shareholder pledge shares to participate in the additional TCL8.5 generation line again to obtain the force to be very

TCL Group announced that the company's shareholders Huizhou Investment Holdings Co., Ltd. will be held by the TCL Group of 164 million shares (5.58% of the company's total capital) pledged, the funds will be all used to support the TCL8.5 of the LCD panel project targeted additional. Huizhou Holding is the Huizhou government authorized to operate the state-owned assets of the company, the TCL Group's largest shareholder.　　TCL Group for LCD project targeted additional financing of the 5 billion Yuan program has been approved, Huizhou Holdings as a strategic investor to participate in the subscription, the subscription amount of 300 million to 500 million yuan, and the commitment to the subscription of the shares locked for 3 years to support 8.5 generation LCD panel project and TCL's long-term development. According to the introduction, Huaxing Photoelectric 8.5 generation LCD panel production line project is progressing smoothly, from Japan and South Korea, Taiwan and the mainland panel of professional and technical personnel of the technical team has been in place, planned August 2011 trial production, the year four to achieve mass production, December 2012 to reach full production. An annual output of 26 inches to 32 inches, 46 inches and 55 inch LCD TV module about 17.5 million pieces.