17, TCL Central issued an announcement of high-level changes. Zhang Changxu resigned from the position of SVP (Senior Vice President) due to job change. He is still working in the company after his resignation. He just transferred from CFO (Chief Financial Officer) to the position in December 2025. Before that, he was mainly responsible for the power plant business and assisted the CEO in promoting key strategic projects. On the same day
, TCL Central also announced that it would increase its semiconductor business. It is planned to build a 12-inch semiconductor silicon wafer project with a total investment of 11.96 billion yuan in Guangming District, Shenzhen City, Guangdong Province, through the leading Shenzhen main body of the holding subsidiary Zhonghuan, with a five-year project cycle and a planned monthly capacity of 700000 polished wafers, epitaxial wafers and test wafers, which is currently in the preparatory stage. At the same time, the company reminds us that the current semiconductor material industry is still in a loss period, and there are related risks such as technology landing, business promotion and profit uncertainty in the follow-up of the project.
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