Company Name: TCL Corproration ( TCL 集团股份有限公司 )
Ownership Type: Joint-venture
Industry: Manufacturing
Rank (ranked by the total sales revenue in 2004): 54
Headquarters' Location (Zip code): 8/F, TCL Industrial Building , No.6 ELing South Road HuiZhou , GuangDong , China ( 广东省惠州市鹅岭南路 6 号 TCL 工业大厦 (516001) )
Legal Representative and President: Li Dongsheng
Telephone: 86-752-2288333
Fax: 86-752-2278018
Total Revenue (2004): RMB 42.099 billion
Number of Employees(2004): 65,370
Net Profit (2004): RMB245.205 million
Registered Capital: RMB 2.586 billion
Total Asset (2004): RMB 30.735 billion
Total Issued Shares: 994,395,944 shares
Company website: www.tcl.com
Brief History
Founded in 1981, with headquarter in Huizhou of Guangdong Province, southern China , In the past 23 years, TCL has been developing rapidly. In particular, when stepped into 90´s, TCL is dedicated to turning their ideas to creative products and services that led a record of an average rate of 42.65% in growth for the past 12 years, becoming one of the China 's fastest growing companies. TCL has one company each listed in Shenzhen and Hong Kong stock Exchange-namely, TCL Corporation (code: 000100) and TCL International Holdings Limited (code: 1070).
Major share holders
By the end of 2004, TCL Corp. has a total of 255,904 shareholders, with 25.22% of the shares held by HuiZhou Investment & Holdings Co., Ltd., 9.10% held by the TCL Corp. Labor Union Committee, 5.59% held by Mr. Li Dongsheng and 2.46% owned by Philips Electronics China B.V. and the rest by some individuals and enterprises.
Business overview
TCL Corporation runs its business from multimedia to mobile phone, from personal computers to home appliance, from Electric Lighting to digital products; it also expends the business largely to overseas markets.
In July 2004 TTE Corporation ("TTE"), the biggest global TV manufacturer, jointly set up by TCL and Thomson, officially started operation in ShenZhen, China which its business covers all mail markets which is engaging in mobile phone development, production, sales and relevant services in the world. Also, in April 2004,TCL Mobile has signed "MOU" with Alcatel to form a joint venture
Top management
Li Dongsheng: Chairman and President. Mr. Li graduated from South China University of Technology. He was appointed General Manager of TCL Communication Equipment Company in 1985. In 1990, he was appointed vice-president of HuiZhou Electrommunication Corporation, and then at the beginning of 1993 he was appointed president of TCL Electron Corporation. At the end of 1996, Mr. Li was appointed chairman and president of TCL Corp..
u Shihong: vice President, General Manager of TCL Information Industry Corporation. Mrs. Wu once was a nurse, she got the college English certificate by self-taught. In 1985, Mrs. Wu passed the exam and entered into IBM, she started her job as an office girl, and after ten years hard-working, she became the General manager of IBM South China B.V.; in February 1998, she was appointed General Manager of Microsoft China Company. At the end of 1999, she posted as vice president of TCL Corp. |