TCL Technology's 2025 performance is expected to increase by 169%-191%, and the semiconductor displa

On the evening of January 13, 2026, TCL Technology disclosed its 2025 annual results forecast, and the company's full-year operating results are expected to achieve a significant year-on-year growth. Specific data shows that net profit attributable to shareholders of listed companies during the reporting period is expected to be 4.21 billion yuan to 4.55 billion yuan, a year-on-year increase of 169% to 191%; net profit after deducting non-recurring gains and losses is expected to be 2.89 billion yuan to 3.20 billion yuan, a year-on-year surge of 869% to 973%; basic earnings per share is expected to be in the range of 0.2174 yuan to 0.2350 yuan.

TCL Technology's core business structure revolves around three major sectors: semiconductor display, new energy photovoltaics, and semiconductor materials. Among them, the semiconductor display field has become the core engine driving the company's performance growth. Its operating efficiency will continue to improve in 2025. The annual operating income will exceed 100 billion yuan, net profit will exceed 8 billion yuan, and net operating cash flow will exceed 40 billion yuan, achieving high-quality growth.

In terms of business dimensions, in the field of large size applications, TCL China Star's TV and commercial display products continue to consolidate their competitive advantages and build a solid foundation for the company's operations; the small and medium-sized size business is ushering in an accelerated period of volume, and the shipment scale of high-value added products such as IT and vehicle-mounted vehicles has increased rapidly, promoting the continuous enhancement of overall competitiveness.

During the reporting period of 2025, TCL Technology promoted a series of key strategic layouts to further improve the industrial ecology and technological layout: first, completed the acquisition of 100% equity of YuanLe Jin Display (China) Co., Ltd.(t11), effectively strengthening and improving the production capacity layout of large and medium size LCD panels; second, acquired part of the minority equity interests of Shenzhen Huaxing Optoelectronics Semiconductor Display Technology Co., Ltd.(t6, t7) to strengthen control over core production lines; Third, we will continue to increase our efforts in the oled field, promote the expansion of the G5.5-generation printing OLED production line (t12), and start the construction of a high-generation printing OLED production line (t8) to accelerate the commercialization of printing OLED technology; Fourth, it made precise arrangements in the field of MLED and acquired 80% equity and related creditor's rights of Zhaoyuan Optoelectronics for 490 million yuan, helping TCL Huaxing independently control the design and manufacturing of LED chips. At the same time, its COB direct display products of the MLED project in Suzhou base achieved mass production., the first Mini LED product, the P1.2 COB display, was successfully rolled off the production line.

Among other core business segments, TCL Zhonghuan, in the field of new energy photovoltaics and semiconductor materials, will have an annual operating income of more than 5.7 billion yuan in 2025. However, due to industry cycle fluctuations, its parent net profit is expected to be-9.2 billion yuan to-8.2 billion yuan. In addition, its Maojia Technology has performed well, its TV OEM business has further consolidated its leading position in the industry, and its display OEM business has maintained a rapid growth trend. At the same time, it has actively expanded the OEM fields of high-value added products such as commercial displays and e-sports displays, contributing to the company's performance. Increase.