➀ Shen Haoping resigns as CEO of TCL Zhonghuan due to heavy losses from overproduction strategy, with Li Dongsheng taking over to strengthen overseas control and reduce losses. ➁ TCL Zhonghuan's revenue for the first half of 2024 dropped by 53.54% to 16.213 billion RMB, with a net loss of -3.064 billion RMB, highlighting challenges from industry price wars and market demand changes. ➂ TCL Zhonghuan is enhancing cost control, optimizing business structure, and expanding overseas markets to reverse the situation, while also advancing industrial 4.0 transformation to improve智能制造能力.