2025 Interim Report of TCL Technology Group Corporation (Summary)

Stock Code: 000100 Stock Abbr.: TCL TECH. Announcement No.: 2025-074

TCL科技集团股份有限公司

TCLTechnology Group Corporation

INTERIM REPORT 2025 (Summary)

August 2025

12025 Interim Report of TCL Technology Group Corporation (Summary)

Part I Important Notes

This Summary is based on the full text of 2025 Interim Report of TCL Technology Group Corporation. To

obtain a full picture of the operating results financial position and future development plans of the Company

investors should carefully read through the interim report released on the media designated by the China

Securities Regulatory Commission.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

discrepancies or 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 capital

reserve 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

10/F Tower G1 International E Town TCL Science Park 1001 Nanshan District

Office address

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 2025 H1 2024 Change

Operating revenue (RMB) 85560004497 80223736962 6.65%

Net profits attributable to the company’s shareholders 1883499452 995211533 89.26%

(RMB)

Net profits attributable to the company's shareholders 1558735448 558757061 178.96%

22025 Interim Report of TCL Technology Group Corporation (Summary)

after non-recurring gains and losses (RMB)

Net cash generated from operating activities (RMB) 27273981394 12632721713 115.90%

Basic earnings per share (RMB/share) 0.1014 0.0535 89.53%

Diluted earnings per share (RMB/share) 0.1003 0.0530 89.25%

Weighted average return on equity (%) 3.54 1.87 Increase by 1.67percentage points YoY

End of the Reporting December 31

Change

Period 2024

Total assets (RMB) 400469462636 378251915923 5.87%

Net assets attributable to shareholders of the listed 53595104495 53167609357 0.80%

company (RMB)

3. Total Number of Shareholders and Their Shareholdings

Unit: share

Total number of ordinary

Total number of preferred shareholders with resumed

shareholders by the end of the 686366 0

voting rights by the end of the Reporting Period

Reporting Period

Shareholdings of ordinary shareholders with more than 5% or the top 10 shareholders of ordinary shares (excluding the lending of shares under

refinancing)

Number of Shares in pledge marked or

Number of Number of non-

shares held at Increase/decrease frozen

Name of Nature of Shareholding restricted restricted

the end of the during the

shareholder shareholder percentage ordinary shares ordinary shares

Reporting Reporting Period

held held Status Number

Period

Not

Li Dongsheng 0

applicable

Ningbo Jiutian Domestic

Liancheng individual/

Equity Domestic 6.75% 1266680807 1333002 674839554 591841253

Investment general legal In pledge 169320637

Partnership entity

(Limited

Partnership)

Hong Kong

Securities Foreign Not

4.55%854042356-4014935508540423560

Clearing legal entity applicable

Company Ltd.Huizhou

Investment Public legal Not

2.85%535767694005357676940

Holding Co. entity applicable

Ltd.China Securities

Domestic

Finance Not

general legal 2.19% 410554710 0 0 410554710 0

Corporation applicable

entity

Limited

Industrial and

Commercial Fund

Bank of China - wealth Not

1.78%3345647701037040003345647700

Huatai- management applicable

Pinebridge CSI product etc.

300 ETF

Wuhan Optics Public legal

1.33% 249848896 60 0 249848896 In pledge 124000000

Valley Industrial entity

32025 Interim Report of TCL Technology Group Corporation (Summary)

Investment Co.Ltd.China

Fund

Construction

wealth Not

Bank - Efund - 1.27% 238502265 14868000 0 238502265 0

management applicable

CSI 300 ETF

product etc.Initiated

Bank of China

Limited - Fund

Huatai- wealth Not

1.16%2187201704312220002187201700

Pinebridge CSI management applicable

Photovoltaic product etc.Industry ETF

Perseverance

Asset

Management

Fund

Partnership

wealth Not

(Limited 1.10% 206800000 7000020 0 206800000 0

management applicable

Partnership) -

product etc.Gaoyi Xiaofeng

No. 2 Zhixin

Fund

Strategic investor or general

legal entity becoming top-10

shareholders due to private Not applicable

placement of new shares (if

any)

Among the top 10 shareholders Mr. Li Dongsheng and Ningbo Jiutian Liancheng Equity Investment Partnership

Note on the above (Limited Partnership) became persons acting in concert by signing the Agreement on Concerted Action. Mr. Li

shareholders’ associations or Dongsheng holds 899786071 shares and Ningbo Jiutian Liancheng Equity Investment Partnership (Limited

concerted actions Partnership) holds 366894736 shares representing 1266680807 shares in total and becoming the largest shareholder

of the Company.Explain if any of the

shareholders above was

involved in entrusting/being Not applicable

entrusted with voting rights or

waiving voting rights

Explanation of repurchase

accounts among the top 10 Not applicable

shareholders (if any)

Participation of shareholders holding more than 5% the top 10 shareholders and the top 10 non-restricted shareholders in the

lending of shares under the refinancing business

□Applicable ?Not applicable

Change in the top 10 shareholders and the top 10 non-restricted shareholders due to securities lending/returning under refinancing

as compared to the previous period

□Applicable ?Not applicable

Indicate whether any of the top 10 ordinary shareholders or the top 10 non-restricted ordinary shareholders of the Company

conducted any promissory repurchase transactions during the Reporting Period.□Yes ?No

No such cases in the Reporting Period.

42025 Interim Report of TCL Technology Group Corporation (Summary)

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

concert by signing the Agreement on Concerted Action holding 1266680807 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

Unit: RMB'0000

Way of principal

Date of Value Outstanding Coupon Place of

Bond name Abbr. Bond code Maturity repayment and

issuance date balance rate trading

interest payment

Sci-Tech Innovation Corporate

Interest payable

Bonds (Digital Economy)

annually and Shenzhen

Publicly Offered by TCL July 4 July 8 July 8

24TCLK4 148804.SZ 100000.00 2.46% principal Stock

Technology Group Corporation 2024 2024 2029

repayable in full Exchange

to Professional Investors in

upon maturity

2024 (Phase 3) (Type 2)

Sci-Tech Innovation Corporate

Interest payable

Bonds (Digital Economy)

annually and Shenzhen

Publicly Offered by TCL July 4 July 8 July 8

24TCLK3 148803.SZ 100000.00 2.29% principal Stock

Technology Group Corporation 2024 2024 2029

repayable in full Exchange

to Professional Investors in

upon maturity

2024 (Phase 3) (Type 1)

Sci-Tech Innovation Corporate

Interest payable

Bonds (Digital Economy)

annually and Shenzhen

Publicly Offered by TCL April 9 April 11 April 11

24TCLK2 148683.SZ 150000.00 2.69% principal Stock

Technology Group Corporation 2024 2024 2029

repayable in full Exchange

to Professional Investors in

upon maturity

2024 (Phase 2)

Sci-Tech Innovation Corporate January February February24TCLK1 148600.SZ 150000.00 2.10% Interest payable Shenzhen

Bonds (Digital Economy) 30 2024 1 2024 1 2026 annually and Stock

52025 Interim Report of TCL Technology Group Corporation (Summary)

Publicly Offered by TCL principal Exchange

Technology Group Corporation repayable in full

to Professional Investors in upon maturity

2024 (Phase 1)

(2) Financial Indicators as at the End of the Reporting Period

Item End of the Reporting Period December 31 2024 Change

Current ratio 0.93 0.86 8.14%

Debt/asset ratio 67.70% 64.92% 2.78%

Quick ratio 0.66 0.61 8.20%

H1 2025 H1 2024 Change

Net profits attributable to the company's shareholders 155874 55876 178.96%

after non-recurring gains and losses (RMB'0000)

Debt-to-EBITDA ratio 7.04% 6.97% 0.07%

Interest coverage ratio 1.14 0.73 56.16%

Cash coverage ratio 11.48 5.79 98.27%

EBITDA coverage ratio 7.25 6.43 12.75%

Debt repayment ratio 100% 100% 0.00

Interest payment ratio 100% 100% 0.00

Note: The significant YoY increase in the net profits attributable to the Company’s shareholders after non-recurring gains and

losses interest coverage ratio and cash coverage ratio was primarily attributable to the improved operational performance of the

display business compared to the prior-year period.Part III Significant Events

During the Reporting Period the Company did not have any significant changes in operation. For details

please see the Company’s Interim Report 2025.TCL Technology Group Corporation

August 28 2025

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