2024 Interim Report of TCL Technology Group Corporation (Summary)
Stock Code: 000100 Stock Abbr.: TCL TECH. Announcement No.: 2024-070
TCL 科技集团股份有限公司
TCL Technology Group Corporation
INTERIM REPORT 2024 (Summary)
August 2024
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2024 Interim Report of TCL Technology Group Corporation (Summary)
Part I Important Notes
This Summary is based on the full text of 2024 Interim Report of TCL Technology Group Corporation. To obtain a
full picture of the operating results, financial position and future development plans of the Company, investors
should carefully read through the interim report released on the media designated by the China Securities Regulatory
Commission.
All the Company’s directors attended the Board meeting for the review of this Report and its summary.
This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies
or misunderstandings between the two versions, the Chinese version shall prevail.
Independent auditor’s modified opinion
□Applicable Not applicable
Profit distribution plan or plan to convert capital reserve into share capital approved by the Board of Directors
□Applicable Not applicable
The Company has no interim dividend plan, either in the form of cash or stock, nor for the conversion of capital
reserve into share capital.
Board-approved final cash and/or stock dividend plan for preferred shares
□Applicable Not applicable
Part II Corporate Information
1. Stock Profile
Stock name TCL TECH. Stock code 000100
Place of listing Shenzhen Stock Exchange
Contact information Board Secretary
Name Liao Qian
10/F, Tower G1, International E Town, TCL Science Park, 1001 Nanshan District,
Office address
Shenzhen, Guangdong Province, China
Tel. 0755-33311666
Email address ir@tcl.com
2. Key Accounting Data and Financial Indicators
Indicate whether there is any retrospectively adjusted or restated datum in the table below
□Yes No
H1 2024 H1 2023 Change
Operating revenue (RMB) 80,223,736,962 85,148,725,606 -5.78%
Net profits attributable to the company’s
995,211,533 340,493,589 192.28%
shareholders (RMB)
Net profits attributable to the company’s 558,757,061 -600,066,840 193.12%
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2024 Interim Report of TCL Technology Group Corporation (Summary)
shareholders before non-recurring gains
and losses (RMB)
Net cash generated from operating
12,632,721,713 10,416,168,147 21.28%
activities (RMB)
Basic earnings per share (RMB/share) 0.0535 0.0184 190.76%
Diluted earnings per share (RMB/share) 0.0530 0.0181 192.82%
Increase by 1.2 percentage
Weighted average return on equity (%) 1.87 0.67
points YoY
End of the Reporting Period December 31, 2023 Change
Total assets (RMB) 382,333,538,876 382,859,086,727 -0.14%
Owners’ equity attributable to the
52,369,539,906 52,921,867,086 -1.04%
company’s shareholders (RMB)
3. Total Number of Shareholders and Their Shareholdings
Unit: share
Total number of ordinary
Total number of preferred shareholders with resumed voting
shareholders by the end of 582,209 0
rights by the end of the reporting period
the reporting period
Shareholdings of top 10 shareholders of ordinary shares (excluding the lending of shares under refinancing)
Shareholding Number of Shares in pledge,
Number of marked or frozen
Name of shareholder Nature of shareholder percentage restricted
shares held
(%) shares held Status Number
Li Dongsheng
Ningbo Jiutian Liancheng Domestic
Equity Investment individual/Domestic 6.74% 1,265,347,805 673,839,802 In
Partnership (Limited general legal entity 293,668,015
pledge
Partnership)
Hong Kong Securities
Foreign legal entity 3.56% 667,733,276
Clearing Company Ltd.
Huizhou Investment
Public legal entity 3.35% 629,663,094
Holding Co., Ltd.
Wuhan Optics Valley
In
Industrial Investment Co., Public legal entity 2.41% 452,866,342 226,430,000
Ltd. pledge
China Securities Finance Domestic general legal
2.19% 410,554,710
Corporation Limited entity
Perseverance Asset
Management Partnership Fund, wealth
(Limited Partnership) - management product, 1.18% 222,000,000
Gaoyi Xiaofeng No. 2 etc.
Zhixin Fund
Industrial and Commercial Fund, wealth
Bank of China - Huatai- management product, 1.18% 221,615,930
Pinebridge CSI 300 ETF etc.
Bank of China Limited - Fund, wealth
Huatai-Pinebridge CSI management product, 1.04% 195,242,960
Photovoltaic Industry ETF etc.
China Foreign Economy
and Trade Trust Co., Ltd. -
Fund, wealth
Foreign trade trust - Gaoyi
management product, 0.88% 166,000,000
Xiaofeng Hongyuan
etc.
Collective Fund Trust
Scheme
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2024 Interim Report of TCL Technology Group Corporation (Summary)
Note on the above Among the top 10 shareholders, Mr. Li Dongsheng and Ningbo Jiutian Liancheng Equity Investment
Partnership (Limited Partnership) became persons acting in concert by signing the Agreement on
shareholders’ associations Concerted Action. Mr. Li Dongsheng holds 898,453,069 shares and Ningbo Jiutian Liancheng Equity
or concerted actions Investment Partnership (Limited Partnership) holds 366,894,736 shares, representing 1,265,347,805
shares in total and becoming the largest shareholder of the Company.
Statement on shareholders
At the end of the Reporting Period, Wuhan Optics Valley Industrial Investment Co., Ltd., among the
engaging in securities
margin trading shareholders above, held certain shares of the Company through a credit security account.
Participation of shareholders holding more than 5%, top 10 shareholders, and top 10 non-restricted shareholders in the lending of
shares under the refinancing business
Applicable □Not applicable
Unit: Share
Participation of shareholders holding more than 5%, top 10 shareholders, and top 10 non-restricted shareholders in the lending of
shares under the refinancing business
Shares lent under Shares lent under
Shares in the ordinary Shares in the ordinary
refinancing at the refinancing at the end
account and credit account and credit
beginning of the period of the period that
account at the beginning account at the end of the
Name of that have not been have not been
of the period period
shareholder (full returned returned
name) Proportion Proportion Proportion Proportion
Total to total Total to total Total to total Total to total
number share number share number share number share
capital capital capital capital
Industrial and
Commercial Bank
of China - Huatai- 140,037,730 0.75% 136,900 0.001% 221,615,930 1.18% 0 0%
Pinebridge CSI 300
ETF
Bank of China
Limited - Huatai-
Pinebridge CSI 204,079,760 1.09% 1,602,800 0.01% 195,242,960 1.04% 193,000 0.001%
Photovoltaic
Industry ETF
Change in top 10 shareholders and top 10 non-restricted shareholders due to securities lending/returning under refinancing as
compared to the previous period
□Applicable Not applicable
4. Change of the Controlling Shareholder or the Actual Controller
Change of the controlling shareholder in the Reporting Period
□Applicable Not applicable
Change of the actual controller in the Reporting Period
□Applicable Not applicable
Mr. Li Dongsheng and Ningbo Jiutian Liancheng Equity Investment Partnership (Limited Partnership) became persons acting in concert
by signing the Agreement on Concerted Action, holding 1,265,347,805 shares in total and becoming the largest shareholder of the
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2024 Interim Report of TCL Technology Group Corporation (Summary)
Company.
5. Total number of preferred shareholders and shareholdings of the top 10 preferred shareholders
□Applicable Not applicable
6. Existing bonds on the date of approval and disclosure of the interim report
Applicable □Not applicable
(1) General Information on Corporate Bonds
Outstanding
Bond Date of Coupon
Bond name Abbr. Maturity balance
code issuance rate
(RMB'0,000)
Sci-Tech Innovation Corporate Bonds (Digital
Economy) Publicly Offered by TCL Technology April 9, April 11,
24TCLK2 148683 150,000 2.69%
Group Corporation to Professional Investors in 2024 2029
2024 (Phase 2)
Sci-Tech Innovation Corporate Bonds (Digital
Economy) Publicly Offered by TCL Technology January 30, February 1,
24TCLK1 148600 150,000 2.64%
Group Corporation to Professional Investors in 2024 2026
2024 (Phase 1)
Corporate Bonds Publicly Offered by TCL
October October 21,
Corporation to Qualified Investors in 2019 19TCL03 112983 44,000 2.95%
17, 2019 2024
(Phase 3)
Corporate Bonds Publicly Offered by TCL
July 19, July 23,
Corporation to Qualified Investors in 2019 19TCL02 112938 100,000 3.05%
2019 2024
(Phase 2)
(2) Financial Indicators as at the End of the Reporting Period
Unit: RMB'0,000
Item End of the Reporting Period December 31, 2023 Change
Debt/asset ratio 63.84% 62.06% 1.78%
H1 2024 H1 2023 Change
Net profits after deducting
non-recurring gains and -161,879 49,891 -424.47%
losses
Debt to EBITDA ratio 6.97% 6.82% 0.15%
Interest coverage ratio 0.73 1.70 -57.06%
Part III Significant Events
During the Reporting Period, the Company did not have any significant changes in operation. For details,
please see the Company’s 2024 Interim Report.
TCL Technology Group Corporation
August 26, 2024
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