TCL multimedia intends to purchase 656 million yuan of TCL photoelectric

Recently, TCL multimedia announced, to be denounced 656 million yuan to the parent company of TCL group purchase TCL Optoelectronics Technology (Huizhou) the entire equity. After the purchase is completed, TCL group will increase in TCL multimedia rights, directly or indirectly holds shares of TCL multimedia ratio will be increased from 52.41% to 61.21%. TCL is the implementation of the main TCL photoelectric group project LCD module, through processing, feed processing and general trade and other forms of thin film liquid crystal display LCD module provides 26 inches - 46 inches for the group and domestic LCD TV manufacturers. At the same time, TCL also holds the Huizhou Canyu photoelectric photoelectric 60% stake, Huizhou Canyu photoelectric mainly engaged in CCFL LCD and LED backlight unit. TCL group said, through the transfer of TCL photoelectric into unified operation and management of TCL multimedia, the key components of TCL multimedia integration with upstream suppliers, to achieve cost synergies, thus enhancing the TCL photoelectric and TCL multimedia synergy.