TCL科技：2024年半年度报告摘要(英文版)
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
Part I Important NotesThis Summary is based on the full text of 2024 Interim Report of TCL Technology Group Corporation. To obtain afull picture of the operating results, financial position and future development plans of the Company, investorsshould carefully read through the interim report released on the media designated by the China Securities RegulatoryCommission.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 discrepanciesor 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 capitalreserve 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 | ||
| Office address | 10/F, Tower G1, International E Town, TCL Science Park, 1001 Nanshan District, 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 shareholders (RMB) | 995,211,533 | 340,493,589 | 192.28% |
| Net profits attributable to the company’s | 558,757,061 | -600,066,840 | 193.12% |
| shareholders before non-recurring gains and losses (RMB) | |||
| Net cash generated from operating activities (RMB) | 12,632,721,713 | 10,416,168,147 | 21.28% |
| Basic earnings per share (RMB/share) | 0.0535 | 0.0184 | 190.76% |
| Diluted earnings per share (RMB/share) | 0.0530 | 0.0181 | 192.82% |
| Weighted average return on equity (%) | 1.87 | 0.67 | Increase by 1.2 percentage 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 company’s shareholders (RMB) | 52,369,539,906 | 52,921,867,086 | -1.04% |
3. Total Number of Shareholders and Their Shareholdings
Unit: share
| Total number of ordinary shareholders by the end of the reporting period | 582,209 | Total number of preferred shareholders with resumed voting rights by the end of the reporting period | 0 | ||||
| Shareholdings of top 10 shareholders of ordinary shares (excluding the lending of shares under refinancing) | |||||||
| Name of shareholder | Nature of shareholder | Shareholding percentage (%) | Number of shares held | Number of restricted shares held | Shares in pledge, marked or frozen | ||
| Status | Number | ||||||
| Li Dongsheng | Domestic individual/Domestic general legal entity | 6.74% | 1,265,347,805 | 673,839,802 | |||
| Ningbo Jiutian Liancheng Equity Investment Partnership (Limited Partnership) | In pledge | 293,668,015 | |||||
| Hong Kong Securities Clearing Company Ltd. | Foreign legal entity | 3.56% | 667,733,276 | ||||
| Huizhou Investment Holding Co., Ltd. | Public legal entity | 3.35% | 629,663,094 | ||||
| Wuhan Optics Valley Industrial Investment Co., Ltd. | Public legal entity | 2.41% | 452,866,342 | In pledge | 226,430,000 | ||
| China Securities Finance Corporation Limited | Domestic general legal entity | 2.19% | 410,554,710 | ||||
| Perseverance Asset Management Partnership (Limited Partnership) - Gaoyi Xiaofeng No. 2 Zhixin Fund | Fund, wealth management product, etc. | 1.18% | 222,000,000 | ||||
| Industrial and Commercial Bank of China - Huatai-Pinebridge CSI 300 ETF | Fund, wealth management product, etc. | 1.18% | 221,615,930 | ||||
| Bank of China Limited - Huatai-Pinebridge CSI Photovoltaic Industry ETF | Fund, wealth management product, etc. | 1.04% | 195,242,960 | ||||
| China Foreign Economy and Trade Trust Co., Ltd. - Foreign trade trust - Gaoyi Xiaofeng Hongyuan Collective Fund Trust Scheme | Fund, wealth management product, etc. | 0.88% | 166,000,000 | ||||
| Note on the above shareholders’ associations or concerted actions | 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 Concerted Action. Mr. Li Dongsheng holds 898,453,069 shares and Ningbo Jiutian Liancheng Equity 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 engaging in securities margin trading | At the end of the Reporting Period, Wuhan Optics Valley Industrial Investment Co., Ltd., among the 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 ofshares 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 | ||||||||
| Name of shareholder (full name) | Shares in the ordinary account and credit account at the beginning of the period | Shares lent under refinancing at the beginning of the period that have not been returned | Shares in the ordinary account and credit account at the end of the period | Shares lent under refinancing at the end of the period that have not been returned | ||||
| Total number | Proportion to total share capital | Total number | Proportion to total share capital | Total number | Proportion to total share capital | Total number | Proportion to total share capital | |
| Industrial and Commercial Bank of China - Huatai-Pinebridge CSI 300 ETF | 140,037,730 | 0.75% | 136,900 | 0.001% | 221,615,930 | 1.18% | 0 | 0% |
| Bank of China Limited - Huatai-Pinebridge CSI Photovoltaic Industry ETF | 204,079,760 | 1.09% | 1,602,800 | 0.01% | 195,242,960 | 1.04% | 193,000 | 0.001% |
Change in top 10 shareholders and top 10 non-restricted shareholders due to securities lending/returning under refinancing ascompared 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 concertby signing the Agreement on Concerted Action, holding 1,265,347,805 shares in total and becoming the largest shareholder of the
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
| Bond name | Abbr. | Bond code | Date of issuance | Maturity | Outstanding balance (RMB'0,000) | Coupon rate |
| Sci-Tech Innovation Corporate Bonds (Digital Economy) Publicly Offered by TCL Technology Group Corporation to Professional Investors in 2024 (Phase 2) | 24TCLK2 | 148683 | April 9, 2024 | April 11, 2029 | 150,000 | 2.69% |
| Sci-Tech Innovation Corporate Bonds (Digital Economy) Publicly Offered by TCL Technology Group Corporation to Professional Investors in 2024 (Phase 1) | 24TCLK1 | 148600 | January 30, 2024 | February 1, 2026 | 150,000 | 2.64% |
| Corporate Bonds Publicly Offered by TCL Corporation to Qualified Investors in 2019 (Phase 3) | 19TCL03 | 112983 | October 17, 2019 | October 21, 2024 | 44,000 | 2.95% |
| Corporate Bonds Publicly Offered by TCL Corporation to Qualified Investors in 2019 (Phase 2) | 19TCL02 | 112938 | July 19, 2019 | July 23, 2024 | 100,000 | 3.05% |
(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 losses | -161,879 | 49,891 | -424.47% |
| Debt to EBITDA ratio | 6.97% | 6.82% | 0.15% |
| Interest coverage ratio | 0.73 | 1.70 | -57.06% |
Part III Significant EventsDuring 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