According to CoinMeta, TCL Technology Announcement, its holding subsidiary TCL Zhonghuan plans to acquire a 65.80% stake in Zhonghuan Leading through the issuance of shares. The acquiring company will hold 495 million shares of Zhonghuan Leading, with an issue price of 7.59 yuan per share. At the same time, TCL Zhonghuan intends to issue shares to no more than 35 specific parties, including the company itself, to raise matching funds. The company will subscribe for the newly issued shares in cash, with a subscription ratio of not less than 20% but not exceeding 30% of the total number of shares issued for this fundraising. The audit and evaluation work for the target company involved in this transaction have not yet been completed, and the transaction price, the number of shares issued, the total amount of raised matching funds, and their uses have not yet been determined.