TCL Group to invest 561 million yuan to build Inner Mongolia production base

Just in April, the TCL Group (000100, closing price 2.89 yuan) in the Xinjiang region was established. Today (June 18th), the investment in Inner Mongolia was again increased, and an integrated manufacturing project from the middle-backlight backlight module to the downstream complete machine was built. Said that through this investment will help change the situation in the Northeast, North China LCD-free manufacturing base. Luo Qingqi, an expert in home appliances, said that he or she is following the steps of regional planning.

561 million investment in Inner Mongolia construction project TCL Group today announced that the company's holding subsidiary TCL Multimedia (01070, closing price of 2.92 Hong Kong dollars) wholly-owned subsidiary TCL ace Electric (Huizhou) Co., Ltd. (hereinafter referred to as TCL trump card) and Hohhot City People's Government The "Cooperation Agreement" was signed on June 17. TCL Multimedia intends to establish a TCL Inner Mongolia Industrial Park LCD TV production base in Hongsheng Industrial Park, Hohhot, Inner Mongolia. TCL Trump will set up a wholly owned company to build an integrated manufacturing project from the middle-backlight backlight module to the downstream machine, and an additional LCD TV production line 6 Article 4, the integration of the whole machine backlight module line 4, after the completion of the annual production capacity of 18 "-65" LCD TV 3 million units of production capacity. The total investment of the project is 561 million yuan, of which construction investment is 30.957 million yuan and working capital is 253.43 million yuan. The construction period is 15 months. It is estimated that the trial will be completed in September 2012 and the product will be produced.

TCL Group stated that building in Hohhot, Inner Mongolia, will help change the layout of the company's LCD manufacturing base in the northeast and north China, shorten customer response time and logistics radius, expand product coverage, improve operational efficiency, and enhance the company’s overall manufacturing of LCD TVs. The advantages of the field and accelerating the pace of industrial upgrading.

Following the regional planning and layout of the TCL Group's investment, appliance expert Luo Qingqi expressed no surprise. He believes that, first of all, local manufacturing and processing costs are definitely low, followed by local policies for attracting investment, it is estimated that there are preferential taxes and other aspects, and whether it is imported from Japan or South Korea, or choose the domestic panel factory in Beijing and other places, are in It is much more convenient to transport. More importantly, Inner Mongolia's production lines cover the northeast and north China regions and are in line with company development plans.

According to statistics, Inner Mongolia has long been the sales coverage of TCL Group. Inner Mongolia TCL Ace Electric Co., Ltd. was registered in Hohhot in 1999. The registered capital is 881.3308 million yuan. It is one of the important manufacturing bases of TCL trump manufacturing system, but mainly The products are 21′′~34′′ color TVs, and the new project is a leap forward in the area to expand production and enrich the production line.

It is worth noting that on April 1st, TCL Group signed a contract with Xinjiang Urumqi Technology Development Zone in cooperation with the Xinjiang Industrial Park project. In the first phase, three 19" to 47" plans were planned with an annual capacity of 1.05 million units. LCD/LED machine production line.

Luo Qingqi told the “Daily Economic News” reporter that the layout of Xinjiang TCL Group mainly covers Xinjiang and the surrounding markets. In the next 10 years, the central and local governments will strongly support the construction of Xinjiang, and Xinjiang will develop into the economic and trade center of Central Asia. “You can go and see the regional planning nationwide. The placement of the TCL Group is almost all planned.” The person finally said.