China Display Optoelectronics Technology Holdings Limited (stock code: 334) has released details of several continuing connected transactions involving TCL Technology, along with proposed revisions to existing annual caps. The company will hold a special general meeting on 28 November 2025 at 3:00 p.m. in Hong Kong to seek shareholder approvals.

According to the announcement, China Display plans to revise the annual caps under its Master HR Subcontracting (2025–2027) Agreement, primarily driven by the company’s increased business scale and the anticipated need for more temporary human resources. The proposed revised annual caps are RMB157 million for 2025, RMB250 million for 2026, and RMB300 million for 2027.

Additionally, the company will renew the continuing connected transactions under the Master Financial Services (2026–2028) Agreement, covering deposit and cash pooling as well as financing and other financial services. The deposit and cash pooling portion is treated as a major transaction due to its scale. Proposed maximum daily deposit balances are RMB2,469 million in 2026, RMB2,963 million in 2027, and RMB3,556 million in 2028, with annual financing limits of RMB400 million maintained.

China Display will also proceed with the Master Sourcing (2025–2027) Agreement, allowing the TCL Technology Group to act as intermediary for export and procurement of materials and products oriented toward the group’s overseas subsidiaries. Key terms provide for charging acquisition costs plus export-related expenses in line with market benchmarks.

Shareholders registered by 24 November 2025 will be eligible to vote on the proposals at the upcoming meeting. The board recommends that shareholders consider approving these revised caps and agreements, which involve ongoing transactions with TCL Technology and its associates.