TCL Corporation (000100.SZ) has announced a restructuring. From January 1 its multimedia, communications, domestic appliances and components businesses will be split into four industrial groups, with two further companies arranged around property and financing; and logistics and services. TCL Corporation will switch from group management to an investment and holdings model.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.