In 2018, TCL Group Co., Ltd. publicly issued corporate bonds of 1 billion yuan to qualified investors, which can exceed the quota of not more than 1 billion yuan, each face value of 100 yuan, the number of issuance does not exceed 20 million, and the issue price is 100 yuan / piece. .
TCL Group Co., Ltd. was approved by the China Securities Regulatory Commission on March 7, 2017  No. 276 to approve the issuance of corporate bonds with a face value of not more than 8 billion yuan (including 8 billion yuan) for qualified investors. Hereinafter referred to as "this bond"). The issuer's bonds are issued in installments, in which the bonds are issued for the fourth issue of the bonds. The name of the bonds is TCL Group Co., Ltd. 2018 for corporate investors to issue corporate bonds (second period), bonds Referred to as 18TCL02, the bond code is 112747.
The issuer is continually optimizing the industrial structure through industrial restructuring, non-core asset divestiture or sale, focusing on leading industries, focusing further on the semiconductor display industry segment and the branded intelligent terminal industry segment, and developing social, technological and market based on the 3063 strategy. Insights, through investment, mergers, and restructuring, open up new business areas based on technological innovation and business model innovation, and build new growth momentum.
According to the current business development plan, the main capital expenditure of TCL Group is the 11th generation TFT-LCD and AMOLED new display device production line (t6), the 6th generation LTPS-AMOLED flexible production line (t4) and the Huaxing Optoelectronics high generation module of subsidiary Huaxing Optoelectronics. Sub-project and the eleventh generation of ultra-high-definition new display device production line (t7).
The t6 project produces 43", 65", 70" (21:9), 75" LCD screens, a large public display, OLED display, and a production capacity of 90,000 3370mm × 2940mm glass substrates, which is planned for 2016. Construction began in the month, the first equipment was moved in July 2018, the product was lighted in April 2019, and the mass production was completed in July 2019. The total investment of the project is about 46.5 billion yuan. After the project is completed, it will enrich the large-size LCD TV of the issuer. The product portfolio of the panel enhances the overall competitiveness of the issuer's LCD panel business.
The Huaxing Optoelectronics High Generation Module sub-project produces final modules such as LCD TV display modules and LCD display modules. It is expected to complete the first phase of construction in 2019, with an annual production capacity of 40 million LCD panels of various sizes; 2021 The second phase of construction will be completed in the year, with an annual production capacity of 60 million pieces of LCD panels of various sizes. The total investment of the project is about 9.6 billion yuan. After the project is completed, it will become the supporting plant of G11 and G8.5 generation lines of the highest generation LCD panel of Huaxing Optoelectronics. The company's upstream and downstream industry competitiveness, stability and market position, lay the foundation for the company's development strategy.
The t4 project mainly produces small and medium-sized flexible collapsible AMOLED display panels with a capacity of 45,000 1500mm×1850mm glass panels. The construction is scheduled to start in June 2017, and the products will be lighted before June 2019, before March 2020. Mass production of the stage products, mass production of the second stage before January 2022, mass production of the third stage before January 2023. The total investment of the project is about 35 billion yuan. After the project is completed, it will help to improve the company's industrial structure in the semiconductor display field; it will help to enhance the company's competitive strength in the small and medium-sized display, especially in the flexible display field.
The t7 project mainly produces and sells 65", 70" (21:9), 75" 8K ultra-high-definition displays and 65" OLED, 75" OLED displays, etc., with a capacity of about 90,000 3370mm × 2940mm glass substrates. In April 2018, it is planned to start the related basic projects such as planning and design, environmental impact assessment and other related projects. In December 2020, the products will be lighted up. In March 2021, the mass production will be officially completed. The total investment of the project is about 42.683 billion yuan. Enriching the company's product line, especially in the large-size, 8K products, the market share is significantly improved; at the same time, it will be beneficial to the research and development and industrialization of new technologies, realize the application of new technologies such as oxide semiconductors and printed OLEDs, and take the lead in mastering the next generation of new displays. Technology to further enhance the competitiveness of Huaxing Optoelectronics.
The construction of the company's modular integrated intelligent manufacturing industrial base is progressing smoothly. The project is expected to complete the first phase of construction in 2019, with an annual production capacity of 40 million pieces of LCD panels of various sizes. As a supporting factory for Huaxing Optoelectronics G11 and G8.5, the high-generation module project will provide high-quality liquid crystal display modules to further enhance the industrial capabilities of Huaxing Optoelectronics in the field of semiconductor display. In 2017, Huaxing Optoelectronics' T1 and T2 TV panel production lines continued to be fully sold and sold. A total of 3.387 million glass substrates were invested, a year-on-year increase of 19.9%, and the average monthly production capacity reached 280,000. The global industry leader continued to maintain efficiency and efficiency indicators. . The product structure continued to improve and the market share continued to increase. The market share of 32-inch TV panel products was the second in the world, and the market share of high-size and large-size products such as 55吋 UD remained the first in the country.
TCL Group is the first company in China to establish the integration advantages of “liquid crystal panel-backlight module-TV/mobile phone” vertical industrial chain. Since 2008, TCL has begun to build control over the upstream supply chain of the consumer electronics industry, laying out the core components of home terminals and mobile terminal products. Huaxing Optoelectronics t1 and t2 produce TV LCD panels, Huizhou Intelligent Manufacturing Base is engaged in module processing, multimedia is responsible for product production and sales, and Internet value-added services; Huaxing Optoelectronics t3 produces medium and small size LTPS technology LCD panels, Huaxian Optoelectronics is engaged in module processing TCL Communication is engaged in the production and sales of mobile terminals and Internet value-added services. Each business unit adopts a fully open, coordinated and coordinated supply chain management and control method to achieve optimal resource allocation.