{
 "as_of": "2026-11-04",
 "cmr": "hk-cm-kg/HKEX/01070",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# TCL ELECTRONICS (Main Board: 01070) — research page\n\nAs of 2026-11-04 · hk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is TCL ELECTRONICS, listed on the Main Board of HKEX under ticker 01070, ISIN KYG8701T1388, LEI 5299000Y9D001SNNTJ48. Its security type is Corporate, its jurisdiction is Cayman Islands (KY), and its segment is not on the record. Its sector is not on the record, as HKEX publishes the industry classification per issuer on its website pages and not in the List of Securities. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 52 filings in the window from 2025-11-04 to 2026-11-04, across 36 filing days. The median gap between filing days is 8 days. The latest filing is dated 2026-11-02 and is of type next_day_disclosure, 2 days before the record date of 2026-11-04. The Main Board median gap between filing days is 9.0 days across 2472 issuers, and the Main Board median filings are 46.0 across the same window. The Main Board median latency is 2.0 days. Sector peer figures are not on the record for HK.\n\n## Auditor\n\nThe auditor of record is Ernst & Young. The auditor's location is not on the record. Auditor changes are not on the record, as the register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as the register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, with chapter as-of date 2026-11-04.\n\n## Coverage\n\nThe record holds 10 research houses named on the issuer's investor-relations page: CICC, Guosen Securities, Orient Securities, Industrial Securities, Industrial Securities International, China Merchants Securities, Sinolink Securities, Zhongtai Securities, Founder Securities and First Shanghai Securities.\n\n## Open research\n\nNo openly published research notes were found, so the record holds none.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/5299000Y9D001SNNTJ48 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.hk-cm-kg.ai/events/HKEX/01070 (the disclosure lines)\n- https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm (the halt flag)\n- https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0429/2026042900031.pdf (the auditor)\n- https://mcp.hk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://electronics.tcl.com/en/ir/analyst.php (coverage)\n- https://mcp.hk-cm-kg.ai/record/HKEX/01070 (the record)\n",
 "market": "HK",
 "node": "hk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-12",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the HK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-04",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "annual report 2026-04-29 (HKEXnews), Corporate Information, read by Tavily page extraction",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0429/2026042900031.pdf",
    "state": "sourced",
    "value": "Ernst & Young"
   },
   "auditor_firm_id": {
    "market": "HK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "HK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "hk-cm-kg/HKEX/01070",
  "coverage": {
   "count": 10,
   "houses": [
    {
     "analyst": "Yawei Tang; Zijie Su",
     "house": "CICC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Weiqi Chen; Zhaokang Wang",
     "house": "Guosen Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Shiqiang Qu; Hanying Li",
     "house": "Orient Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Xiaoqing Yan; Yuqing Wang",
     "house": "Industrial Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Jingru Song; Yawen Chen",
     "house": "Industrial Securities International",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Jinxing Shi; Yuhang Niu",
     "house": "China Merchants Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Gang Wang; Zhongping Zhao",
     "house": "Sinolink Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Jiamin Wu",
     "house": "Zhongtai Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Huidi Wu; Jiongyang Chen",
     "house": "Founder Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    },
    {
     "analyst": "Harry Huang; Xiaoxia Chen",
     "house": "First Shanghai Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://electronics.tcl.com/en/ir/analyst.php",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://electronics.tcl.com/en/ir/analyst.php",
     "result": "read: 10 of 12 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2472,
     "median_cadence_gap_days": 9,
     "median_filings": 46,
     "median_latency_days": 2,
     "name": "Main Board"
    },
    "sector": {
     "market": "HK",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "agm_egm": 11,
    "announcement": 15,
    "annual_report": 1,
    "circular": 2,
    "constitutional_document": 1,
    "director_change": 1,
    "dividend": 1,
    "documents_on_display": 1,
    "esg_report": 1,
    "interim_report": 1,
    "monthly_return": 13,
    "next_day_disclosure": 1,
    "results": 3
   },
   "cadence_median_gap_days": 8,
   "filing_days": 36,
   "filings": 52,
   "latency_days": 2,
   "latest": [
    {
     "category": null,
     "date": "2026-11-02",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1102/2026110203577.pdf",
     "title": "NEXT DAY DISCLOSURE RETURN-CHANGES IN ISSUED SHARE CAPITAL",
     "type": "next_day_disclosure"
    },
    {
     "category": null,
     "date": "2026-11-02",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1102/2026110203263.pdf",
     "title": "COMPLETION OF MAJOR AND CONNECTED TRANSACTION IN RELATION TO THE ACQUISITION OF THE TARGET COMPANY WITH TCL AIR CONDITIONER BUSINESS INVOLVING ISSUE OF CONSIDERATION SHARES UNDER SPECIFIC MANDATE",
     "type": "announcement"
    },
    {
     "category": null,
     "date": "2026-11-02",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1102/2026110202842.pdf",
     "title": "MONTHLY RETURN OF EQUITY ISSUER ON MOVEMENTS IN SECURITIES FOR THE MONTH ENDED 31 OCTOBER 2026",
     "type": "monthly_return"
    },
    {
     "category": null,
     "date": "2026-10-29",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1029/2026102900420.pdf",
     "title": "NOTIFICATION OF BOARD MEETING",
     "type": "agm_egm"
    },
    {
     "category": null,
     "date": "2026-10-27",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1027/2026102700778.pdf",
     "title": "VARIATION OF SHAREHOLDERS' AGREEMENT IN RELATION TO ARGENTINA JV COMPANIES",
     "type": "announcement"
    }
   ],
   "latest_filing_date": "2026-11-02",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/01070",
   "window": {
    "from": "2025-11-04",
    "to": "2026-11-04"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Main Board"
   },
   "isin": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "KYG8701T1388"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (legal jurisdiction)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/5299000Y9D001SNNTJ48",
    "state": "sourced",
    "value": "Cayman Islands (KY)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-04",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN KYG8701T1388)",
    "state": "sourced",
    "value": "5299000Y9D001SNNTJ48"
   },
   "name": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "TCL ELECTRONICS"
   },
   "sector": {
    "market": "HK",
    "reason": "HKEX publishes the industry classification per issuer on its website pages, not in the List of Securities (no page reads by order)",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "HK",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "01070"
   },
   "website": {
    "market": "HK",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "HK",
  "node": "hk-cm-kg",
  "numbers_hash": "sha256:f3ca6bc403a6669f19cda35f6d8fb6f4bcf1b5326a592a8023efb784e7d4ed57",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.hk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.hk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1",
   "section": "hk.aio.v6"
  },
  "record": {
   "as_of": "2026-11-04",
   "url": "https://mcp.hk-cm-kg.ai/record/HKEX/01070",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-04",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:f3ca6bc403a6669f19cda35f6d8fb6f4bcf1b5326a592a8023efb784e7d4ed57",
 "path": "/hk/HKEX/01070",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is TCL ELECTRONICS, listed on the Main Board of HKEX under ticker 01070, ISIN KYG8701T1388, LEI 5299000Y9D001SNNTJ48. Its security type is Corporate, its jurisdiction is Cayman Islands (KY), and its segment is not on the record. Its sector is not on the record, as HKEX publishes the industry classification per issuer on its website pages and not in the List of Securities. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 52 filings in the window from 2025-11-04 to 2026-11-04, across 36 filing days. The median gap between filing days is 8 days. The latest filing is dated 2026-11-02 and is of type next_day_disclosure, 2 days before the record date of 2026-11-04. The Main Board median gap between filing days is 9.0 days across 2472 issuers, and the Main Board median filings are 46.0 across the same window. The Main Board median latency is 2.0 days. Sector peer figures are not on the record for HK.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Ernst & Young. The auditor's location is not on the record. Auditor changes are not on the record, as the register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as the register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, with chapter as-of date 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record holds 10 research houses named on the issuer's investor-relations page: CICC, Guosen Securities, Orient Securities, Industrial Securities, Industrial Securities International, China Merchants Securities, Sinolink Securities, Zhongtai Securities, Founder Securities and First Shanghai Securities.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found, so the record holds none.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/5299000Y9D001SNNTJ48"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/01070"
  },
  {
   "for": "the halt flag",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm"
  },
  {
   "for": "the auditor",
   "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0429/2026042900031.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.hk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://electronics.tcl.com/en/ir/analyst.php"
  },
  {
   "for": "the record",
   "source": "https://mcp.hk-cm-kg.ai/record/HKEX/01070"
  }
 ],
 "title": "TCL ELECTRONICS (01070) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}