← Shanghai Longcheer Technology Co. overview

Shanghai Longcheer Technology Co. vs TCL: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Shanghai Longcheer Technology Co., Ltd. (603341.CG)

Q3 202616 Jul – 14 Aug 2026

▲2▼1

Longcheer buys data-center supplier Anruike for 1.12B yuan

Acquisition moves Longcheer into data center infrastructure Longcheer will pay 1.12 billion yuan for 80% of Suzhou Anruike, a maker of server racks, power units and busways. Anruike promises at least 130/160/190 million yuan profit in 2026-2028. This adds a new growth business beyond phones, which is why the stock is being re-rated.
The Anruike deal is the biggest new event and the main reason the stock is moving.
Big goodwill and weak core profit are the counterweight The deal creates about 900 million yuan of goodwill, so if Anruike misses targets, write-downs hit profit. Meanwhile first-quarter revenue fell 19.35% and net profit fell 90% year on year, showing the existing phone business is still weak. That limits how much the deal can lift the shares.
It gives the fair counterweight: the acquisition carries risk and the core business is shrinking.
Buyback and 3 billion yuan debt registration support funding Longcheer has repurchased 2.38 million shares for 90.08 million yuan, a sign management sees the stock as cheap. It also won approval to register 3 billion yuan of debt instruments, giving it a ready funding channel for the acquisition and operations. Both support the share price.
These are new capital actions that directly support the stock and fund the deal.
Small private-equity fund stake is minor and unclear A subsidiary is putting $15 million into a private equity fund, about 15.84% of that fund. It is a small amount next to the 1.12 billion yuan acquisition and the outcome is uncertain, so it barely moves the investment case.
It is a new but minor capital move that readers should not over-weight.

July 202616 Jul – 14 Aug 2026

▲2▼1

Longcheer buys data-center supplier Anruike for 1.12B yuan

Acquisition moves Longcheer into data center infrastructure Longcheer will pay 1.12 billion yuan for 80% of Suzhou Anruike, a maker of server racks, power units and busways. Anruike promises at least 130/160/190 million yuan profit in 2026-2028. This adds a new growth business beyond phones, which is why the stock is being re-rated.
The Anruike deal is the biggest new event and the main reason the stock is moving.
Big goodwill and weak core profit are the counterweight The deal creates about 900 million yuan of goodwill, so if Anruike misses targets, write-downs hit profit. Meanwhile first-quarter revenue fell 19.35% and net profit fell 90% year on year, showing the existing phone business is still weak. That limits how much the deal can lift the shares.
It gives the fair counterweight: the acquisition carries risk and the core business is shrinking.
Buyback and 3 billion yuan debt registration support funding Longcheer has repurchased 2.38 million shares for 90.08 million yuan, a sign management sees the stock as cheap. It also won approval to register 3 billion yuan of debt instruments, giving it a ready funding channel for the acquisition and operations. Both support the share price.
These are new capital actions that directly support the stock and fund the deal.
Small private-equity fund stake is minor and unclear A subsidiary is putting $15 million into a private equity fund, about 15.84% of that fund. It is a small amount next to the 1.12 billion yuan acquisition and the outcome is uncertain, so it barely moves the investment case.
It is a new but minor capital move that readers should not over-weight.

Latest16 Jul – 14 Aug 2026

▲2▼1

Longcheer buys data-center supplier Anruike for 1.12B yuan

Acquisition moves Longcheer into data center infrastructure Longcheer will pay 1.12 billion yuan for 80% of Suzhou Anruike, a maker of server racks, power units and busways. Anruike promises at least 130/160/190 million yuan profit in 2026-2028. This adds a new growth business beyond phones, which is why the stock is being re-rated.
The Anruike deal is the biggest new event and the main reason the stock is moving.
Big goodwill and weak core profit are the counterweight The deal creates about 900 million yuan of goodwill, so if Anruike misses targets, write-downs hit profit. Meanwhile first-quarter revenue fell 19.35% and net profit fell 90% year on year, showing the existing phone business is still weak. That limits how much the deal can lift the shares.
It gives the fair counterweight: the acquisition carries risk and the core business is shrinking.
Buyback and 3 billion yuan debt registration support funding Longcheer has repurchased 2.38 million shares for 90.08 million yuan, a sign management sees the stock as cheap. It also won approval to register 3 billion yuan of debt instruments, giving it a ready funding channel for the acquisition and operations. Both support the share price.
These are new capital actions that directly support the stock and fund the deal.
Small private-equity fund stake is minor and unclear A subsidiary is putting $15 million into a private equity fund, about 15.84% of that fund. It is a small amount next to the 1.12 billion yuan acquisition and the outcome is uncertain, so it barely moves the investment case.
It is a new but minor capital move that readers should not over-weight.

TCL Corp (000100.CS)

Q3 202620 Jul – 17 Aug 2026

▲4

TCL earnings surge, Huaxing buyout approved, buyback wave lifts shares

Strong H1 profit growth TCL Technology expects first-half net profit of 3.7–3.92 billion yuan, up 96–108% year-on-year, driven by display subsidiary TCL CSOT. This shows the core business is making much more money, which supports a higher share price.
Directly explains the earnings-driven reason for the stock's move.
Full ownership of Guangzhou Huaxing approved The Shenzhen Stock Exchange approved TCL Technology's purchase of the remaining 45% stake in Guangzhou Huaxing Semiconductor, the entity behind the t9 display line. TCL will own 100%, so more of that unit's fast-growing profit (up 204% in H1) flows to shareholders.
A concrete deal that increases future earnings attributable to TCL shareholders.
State-led buyback wave supports capital China's state capital platforms are injecting billions into A-shares and pushing buybacks. TCL Technology ranks among the top three in buyback scale, which can lift demand for its shares and signal confidence.
Shows a broad capital-market force that directly benefits TCL's stock.
Printed OLED patent licensing expands ecosystem TCL CSOT affiliate licensed printed OLED patents to Ruilian New Materials, helping build a supply chain for the next-generation display technology. TCL's 29.5 billion yuan printed OLED line starts production in 2027, so this strengthens a long-term growth driver.
Highlights a new technology partnership that could boost future revenue and market position.

August 202620 Jul – 17 Aug 2026

▲4

TCL earnings surge, Huaxing buyout approved, buyback wave lifts shares

Strong H1 profit growth TCL Technology expects first-half net profit of 3.7–3.92 billion yuan, up 96–108% year-on-year, driven by display subsidiary TCL CSOT. This shows the core business is making much more money, which supports a higher share price.
Directly explains the earnings-driven reason for the stock's move.
Full ownership of Guangzhou Huaxing approved The Shenzhen Stock Exchange approved TCL Technology's purchase of the remaining 45% stake in Guangzhou Huaxing Semiconductor, the entity behind the t9 display line. TCL will own 100%, so more of that unit's fast-growing profit (up 204% in H1) flows to shareholders.
A concrete deal that increases future earnings attributable to TCL shareholders.
State-led buyback wave supports capital China's state capital platforms are injecting billions into A-shares and pushing buybacks. TCL Technology ranks among the top three in buyback scale, which can lift demand for its shares and signal confidence.
Shows a broad capital-market force that directly benefits TCL's stock.
Printed OLED patent licensing expands ecosystem TCL CSOT affiliate licensed printed OLED patents to Ruilian New Materials, helping build a supply chain for the next-generation display technology. TCL's 29.5 billion yuan printed OLED line starts production in 2027, so this strengthens a long-term growth driver.
Highlights a new technology partnership that could boost future revenue and market position.

Latest20 Jul – 17 Aug 2026

▲4

TCL earnings surge, Huaxing buyout approved, buyback wave lifts shares

Strong H1 profit growth TCL Technology expects first-half net profit of 3.7–3.92 billion yuan, up 96–108% year-on-year, driven by display subsidiary TCL CSOT. This shows the core business is making much more money, which supports a higher share price.
Directly explains the earnings-driven reason for the stock's move.
Full ownership of Guangzhou Huaxing approved The Shenzhen Stock Exchange approved TCL Technology's purchase of the remaining 45% stake in Guangzhou Huaxing Semiconductor, the entity behind the t9 display line. TCL will own 100%, so more of that unit's fast-growing profit (up 204% in H1) flows to shareholders.
A concrete deal that increases future earnings attributable to TCL shareholders.
State-led buyback wave supports capital China's state capital platforms are injecting billions into A-shares and pushing buybacks. TCL Technology ranks among the top three in buyback scale, which can lift demand for its shares and signal confidence.
Shows a broad capital-market force that directly benefits TCL's stock.
Printed OLED patent licensing expands ecosystem TCL CSOT affiliate licensed printed OLED patents to Ruilian New Materials, helping build a supply chain for the next-generation display technology. TCL's 29.5 billion yuan printed OLED line starts production in 2027, so this strengthens a long-term growth driver.
Highlights a new technology partnership that could boost future revenue and market position.