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TCL Corporation An Emerging Power in China’s Wave of Globalization more

TCL Corporation, a business conglomerate focused on global scale smart product manufacture and Internet application services, is listed as a whole on the Shenzhen Stock Exchange (SZ.000100), and it includes four listed subsidiary companies: TCL Multimedia Technology (01070.HK), TCL Communication Technology (02618. HK), Tonly Electronics (01249. HK) and TCL Display Technology (00334. HK). In 2015,Highly Information is listed on the New OTC Market(835281).

TCL Corporation was founded in 1981. Its predecessor -- TTK Home Appliances (Huizhou) Co., Ltd., was one of 13 initial joint ventures in China, engaged in production of recording tapes. Subsequently, its business was expanded in the following fields such as telephone, TV, mobile phone, refrigerator, washing machine, air conditioner, small appliances and LCD panel. TCL Corporation currently has 75,000 employees, 23 research institutes and 21 manufacturing bases. It has set up sales offices in over 80 countries and regions, with its business covering more than 160 countries and regions in the world.

In 2015, its revenue and profit hit a new record. It realized total revenue of RMB 104.6 billion, 47% of which were overseas earnings, and realized a net profit of RMB 3.23 billion. In 2015, the LCD TV sales of TCL Corporation ranked three in the world; its mobile phone sales ranked fifth in the world; its LCD panel sales ranked sixth in the world; its air conditioner sales ranked fifth in China; its washing machine sales ranked sixth in China; and its refrigerator sales ranked seventh in China. In 2015, TCL brand value was RMB 71.028 billion, ranked sixth among China’s Top 100 Brands, as the first brand in Chinese color TV industry for ten consecutive years.