On December 4, TCL Zhonghuan announced that the company had successfully transferred its 27% stake in Xinjiang Goens and had received a total of 697 million yuan in the transfer of all its shares.
On September 28, TCL Zhonghuan announced that it planned to transfer 27% of the shares of Xinjiang Goens to Guotong Trust Co., Ltd. for 697 million yuan. The latter is a member enterprise of Wuhan Financial Holding (Group) Co., Ltd. (For details, please click: TCL Central "Sell": Really short of money, fake cheap sale! )。
It is understood that Xinjiang Goens, formerly known as Xinjiang Xiexin New Energy Material Technology Co., Ltd., is a joint venture company of TCL Zhonghuan. In 2019, TCL Zhonghuan of Tianjin Zhonghuan Semiconductor Co., Ltd. invested 460 million yuan to acquire 27% of the former's equity. From the perspective of equity penetration, the controlling right of Xinjiang Goens is still in the hands of Xiexin Technology. Jiangsu Zhongneng Silicon Technology Development Co., Ltd. (Hereinafter referred to as Zhongneng Silicon), a wholly-owned subsidiary of Xiexin Technology, holds 38.5% of the equity. At the same time, Xuzhou Zhongping Xiexin Industrial Upgrading Equity Investment Fund (Limited Partnership), a joint venture of Xiexin Technology, is the second largest shareholder. It holds 34.5% of the shares.