公告日期：2025-05-20

Stock Code: 000100 Stock Abbr.: TCL TECH. Announcement No.: 2025-023
TCL 科技集团股份有限公司
TCL Technology Group Corporation
ANNUAL REPORT 2024

(Summary)

April 2025

Embark on the Voyage and Press Ahead Against All Odds

ANNUAL REPORT 2024 Chairman's Statement

In 2024, due to the complex international economic situation and the acceleration of global
supply chain restructuring, numerous uncertainties occurred to the corporate development. Faced
with a complex external environment, the Company consistently maintained strategic resolve,
concentrating on the three core businesses that include display, new energy photovoltaic and other
silicon materials. By dedicating to our own business, the Company aimed to enhance its relative
competitiveness. In 2024, the Company achieved an operating revenue of RMB 164.8 billion, with a
net profit attributable to shareholders of the listed companies of RMB 1.56 billion and an operating
cash flow of RMB 29.5 billion, demonstrating overall stable operations.

TCL CSOT maintained a basic balance between supply and demand within the industry for its
display business and seized new business opportunities brought by the trend towards larger-sized
products and the expansion of AI applications for continuing to optimize its development strategy,
business and product structure, enhancing its relative competitiveness and actively improving its
global layout. For display business, the Company achieved an annual operating revenue of RMB
104.3 billion and a net profit of RMB 6.23 billion, showing significant year-on-year improvement.
The competitiveness of LCD product business achieved a leading position, with the market share of
TV products firmly ranked in top two globally, and that of commercial display products ranked in the
top three worldwide. The Company acquired LGD's LCD panel and module factory in Guangzhou,
thus further strengthening its competitiveness i……
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