1.08 billion dollars! TCL technology acquires Samsung Suzhou 8.5 generation line: the production capacity will increase by 60% in the next year!

8 month 28 Sunday night ,TCL Technology released 2020 The first half of the year , According to the report , In the first half of the year, the company realized operating revenue 293.3 One hundred million yuan , Year-on-year growth 12.3%; Net profit attributable to shareholders of the listed company 12.1 One hundred million yuan , Year-on-year decline in 42.3%, After excluding the income from asset restructuring , The net profit attributable to shareholders of listed companies increased year-on-year with the same caliber 7.6%.

During the reporting period ,TCL Scientific and technological R & D investment 28.8 One hundred million yuan , Year on year growth in the same caliber 28.9%; Set up a joint laboratory with San'an optoelectronics , Cooperative research Micro-LED The amount Production process solutions ; Strategic stake in Japan JOLED company , Jointly promote large-scale inkjet printing OLED work Industrialized production . The company added PCT Number of patent applications 838 Pieces of , Cumulative PCT Number of patent applications 12,113 Pieces of .

TCL Technology means , Depending on the subsidiary TCL The competitive advantage of China star , The group will choose the opportunity to adopt merger and reorganization , Counter trend expansion development , Achieve half of the world The conductor display industry is leading .

It is worth noting that ,8 month 28 On the evening of the day ,TCL Technology releases the semi annual report at the same time , Also released 《 About the company's acquisition of Suzhou Samsung electronic liquid crystal display technology Co., Ltd 60% Equity and Suzhou Samsung display Co., Ltd 100% A proposal for equity 》.

According to the proposal ,TCL Technology will be about 10.80 Billion dollars （ about 76.22 RMB , Subject to the exchange rate at the time of payment ） The consideration was obtained from Suzhou Samsung electronic liquid crystal display technology Co., Ltd （ hereinafter referred to as “SSL”）60% And Suzhou Samsung display Co., Ltd （ hereinafter referred to as “SSM”）100% Equity of . meanwhile , Samsung display will be SSL 60% Consideration price of equity 7.39 Billion dollars （ about 52.13 Billion yuan people The coin , With SSL When the purchase and sale price is paid, the exchange rate shall prevail ） Yes TCL China Star will increase its capital , After the capital increase, Samsung showed that it accounted for TCL Huaxing 12.33% equity . Our company will give up the right to TCL The preemptive right of Huaxing's capital increase .

Besides ,TCL Technology plans to issue asset securitization products （ABS） The total amount does not exceed 20 One hundred million yuan . Adjust the trading plan to not constitute a restructuring plan , Continue to plan to raise supporting funds by means of non-public issuance of shares and convertible corporate bonds , The total amount of supporting funds raised shall not exceed 26 One hundred million yuan .

The data shows ,SSL yes 2011 Samsung Electronics of South Korea and state-controlled company of Suzhou Industrial Park 、TCL The group is a joint venture , Among them, Samsung Electronics holds shares 60%,TCL China Star Holdings 10%. The company is mainly engaged in TFT-LCD Panel development 、 Production and sales work , Have one 8.5 Daixian , At present, the monthly production capacity can reach 120K monthly . The production line is three stars per year VD（Visual Display） The supply ratio exceeds 80%.

SSM Founded on 2002 year , Wholly owned by Samsung Electronics of South Korea , The business scope includes design 、 production 、 Processing LCD and related products , Sell the products produced by our company and provide after-sales service . according to the understanding of ,SSM Currently, it has monthly 350 Processing capacity of 10000 sets of module products . Data shows , Its 2019 Annual TV shipments 4400 Ten thousand units , Number one in the world .

TCL Technology means , After this acquisition ,TCL Huaxing is in the field of large size , Will have 3 Full production 8.5 Daixian , Total capacity per month 440K Big board ;1 Full production 11 Daixian , Current monthly capacity 90K, have other 1 strip 11 The generation line is under construction , Through endogenous growth and reasonable cost of epitaxial acquisition ,TCL China Star's capacity scale and market share will continue to maintain rapid growth .

TCL Vice president of Technology 、 Liao Qian, the Secretary of the board of directors, posted in the circle of friends ：“ Through the difficult 2020 In the first half of the year 、 On the occasion of the release of the semi annual report ,TCL Grasp the turning point of this round of industrial trough , Share exchange acquisition of Samsung Suzhou 8.5 Daixian , Promote strategic shareholder Samsung in TCL Equity ratio of China star , Further consolidate the advantages of large-scale display industrial chain vertical integration ！ With the second article of China star 11 Put into production on behalf of the line ,TCL China Star future 12 Production capacity soared in the last month 60%, From leading efficiency and benefit to leading industrial ecology ！”

Thanks to the expansion of production line number and capacity scale , After this acquisition ,TCL Huaxing will also be able to gather a wider range of resource elements , Realize large-scale procurement and scale, and improve the flexibility of supply chain management and control , Fully release the management bandwidth and extend the management radius , Enhance comprehensive competitive advantages .

Besides , Through this transaction , Samsung display will also become TCL The second largest shareholder of China star ; before , Samsung display means hold TCL Shenzhen Huaxing photoelectric semiconductor display technology Co., Ltd., a subsidiary of Huaxing holdings 5.02% Shares of power ; meanwhile , Samsung has always been TCL China star 、 in 、 Important customers of small size products , Upon completion of the transaction , The two sides will carry out closer strategic cooperation .

TCL Technology also revealed , at present TCL Huaxing is actively developing Mini-LED、Micro-LED、 Flexible printing display OLED、QLED And other new display technologies 、 Materials and process , With cooperation 、 Since the research 、 Mergers and acquisitions occupy key strategic control links and value nodes , Establish a global leading edge based on a complete ecological layout in the field of next-generation display technology .

edit ： Smart core - Woods