TCL Energy will prepare a comprehensive survey and implementation plan, and then go through the exploration procedures after approval by the Autonomous Region Land and Resources Department. The announcement shows that the company's mineral resources assembly survey is mainly to seek opportunities in the exploration and development of non-ferrous metal mineral resources, mining copper, lead, zinc ore that can be used for home appliances.
TCL Energy will implement the project on its own through self-raised funds. At present, it has completed the preliminary research work in the previous period. It is planned to complete the survey of the comprehensive survey area and the detailed investigation of the key exploration areas within 3 years. At present, the project is still in the early stage, TCL Group reminds investors to pay attention to investment risks, and said that the implementation progress of the project will be disclosed in a timely manner in accordance with relevant laws and regulations.
TCL Energy was incorporated on July 26, 2010 and officially unveiled on April 1, 2011. The registered capital of the company is 20 million yuan, of which TCL Group's wholly-owned subsidiary Huizhou TCL Venture Capital Co., Ltd. invested 13 million yuan, accounting for 65% of its registered capital. Xinjiang Xingyu Huaan Mining Investment Co., Ltd. invested 7 million yuan. It accounts for 35% of its registered capital. TCL Energy's business scope includes mining investment, mining exploration technology services, research and development of new energy and technical consulting.
In recent years, TCL Group has accelerated its strategic layout in Xinjiang. The Group signed the Cooperation Framework Agreement with the Urumqi Economic and Technological Development Zone (Toutunhe District) on April 1, 2011, and plans to invest in the development of TCL Xinjiang Industrial Park. With the production of liquid crystal color TV as the starting point, the first phase of construction of three LCD/LED liquid crystal color TV production lines, with an annual output of 1 million units, will be based on the long-term development of Xinjiang, and gradually build an industrial park integrating home appliance manufacturing and logistics distribution.
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