TCL Technology Group Corporation announced a private placement to issue A shares at an issue price of not lower than 80% of the average trading price of the company shares in the 20 trading days before the first date of issuance for gross proceeds of CNY 4,662,403,600 on March 30, 2026. The transaction will include participation from not more than 35 specific investors. The transaction has been approved by 21st meeting of the 8th board of directors, subject to the Company?s shareholders, from Shenzhen Stock Exchange and China Securities Regulatory Commission.
The shares are in lockup period of 6 months.
