On the evening of January 15, TCL Group released its 2017 annual performance forecast. It is estimated that its net profit in 2017 will reach 3.5 billion to 3.8 billion yuan, an increase of 64% to 78% over the same period of last year. TCL Group pointed out in the announcement that its 2017 profit growth was mainly due to: year-on-year increase in the investment of Huaxing Optoelectronics, a higher boom in the LCD panel industry, and a significant year-on-year increase in net profit of Huaxing Optoelectronics; TCL multimedia business continued to grow healthily; by the end of 2016 The enterprise transformation work initiated has achieved results, and the non-core business stripping plan has progressed smoothly, which has improved the company’s asset income. In 2017, TCL Group continued to promote the "double +" transformation strategy of "smart + Internet" and "product + service". While the sales volume of main products continued to increase, the number of active users of operational terminals and the Internet increased rapidly. TCL The Group's cumulative sales of LCD TVs totaled 23.773 million units for the year, a year-on-year increase of 15.9%, of which sales of smart Internet TVs were 15.127 million units, an increase of 34.8% year-on-year. The cumulative number of active users of its smart network TV terminals had reached 23,537,000 by the end of 2017. . Among the various businesses of TCL Group, China Star Optoelectronics has always been the main source of its profits. In 2017, the glass substrates of China Star Optoelectronics t1 and t2 production lines accounted for 3.387 million pieces, an increase of 19.9% ​​over the same period of last year. The production capacity utilization ratio and product comprehensive yield rate continued to maintain the industry leading level; t3 production line has developed a variety of comprehensive Screen products, the supply of first-line brand customers continue to grow. Benefited from the increase in the production capacity of Huaxing Optoelectronics and continued full-scale sales, the semiconductor display industry enjoyed a higher degree of prosperity than the same period of last year. Huaxing Solar’s ​​net profit increased significantly year-on-year. In addition, in 2017, TCL Appliances Group operated steadily, sales of air conditioners and washing machines increased by 26.9% and 11.5% year-on-year respectively, and sales of refrigerators decreased by 4.78% year-on-year. In contrast, TCL's communications business performed worse than expected, selling 43.876 million units of communications equipment and other products.
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