24, TCL Electronics announced that it was considering the independent listing of its photovoltaic business sector through physical distribution, so as to focus more on the global smart home appliances business sector and make the strategic development direction clearer; In addition, the separate listing will enable the photovoltaic business to implement an independent development strategy and broaden financing channels.
This also means that if the results of the split listing, Li Dongsheng, in addition to TCL Central , TCL Technology, will add another photovoltaic listed company. According to
public information, TCL Photovoltaic Technology, the photovoltaic business sector of TCL Electronics, was established on December 30, 2021, with operating income of HK $328 million from 2022. It
increased to HK $21.063 billion in 2025, an increase of 64 times in four years, making it the second largest revenue sector after the display business. In April
2025, the overseas business of TCL Photovoltaic Technology completed the merger and acquisition of Maxeon's European business, and TCL Home Appliances Channel superimposed the brand effect of SunPower, a veteran photovoltaic enterprise , to achieve another leap in overseas business.
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