Investment Summary

TCL Electronics Holdings Invests In Huizhou TCL Mobile Communication

On December 20, 2001, TCL Electronics Holdings invested in technology hardware company Huizhou TCL Mobile Communication from Jasper Ace for 300M CNY

Investment Highlights
  • This is TCL Electronics Holdings’ 1st transaction in the Technology Hardware sector.
  • This is TCL Electronics Holdings’ 2nd largest (disclosed) transaction.
  • This is TCL Electronics Holdings’ 1st transaction in China.

Investment Summary
Date 2001-12-20
Target Huizhou TCL Mobile Communication
Sector Technology Hardware
Investor(s) TCL Electronics Holdings
Sellers(s) Jasper Ace
Deal Type Stake Purchase
Deal Value 300M CNY

Target

Huizhou TCL Mobile Communication

Huizhou, China
TCL Mobile is one of the 27 authorized GSM handset manufacturers and one of the 20 authorized CDMA handset manufacturers in the PRC. TCL Mobile has achieved such enormous success since establishment.

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Investor(S) 1

Investor

TCL Electronics Holdings

Sha Tin, China
Category Company
Sector Electronics
Employees24,620
Revenue 79.0B HKD (2023)
DESCRIPTION

TCL Electronics Holdings is an entity that manufactures television sets worldwide. TCL Electronics Holdings is based in Sha Tin, China.

DEAL STATS #
Overall 1 of 3
Sector (Technology Hardware) 1 of 2
Type (Stake Purchase) 1 of 2
Country (China) 1 of 3
Year (2001) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-26 Huizhou TCL Mobile Communication

Huizhou, China

TCL Mobile is one of the 27 authorized GSM handset manufacturers and one of the 20 authorized CDMA handset manufacturers in the PRC. TCL Mobile has achieved such enormous success since establishment.

Buy CN¥811M

Seller(S) 1

SELLER

Jasper Ace

Hong Kong, China
Category Company
Founded 1998
Sector Consumer Products
DESCRIPTION

Jasper Ace Limited is an investment holding company,engages in production and supply of consumer products.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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