--- title: "LG Display scraps sale of Nanjing automotive LCD module business" type: "News" locale: "en" url: "https://longbridge.com/en/news/299983012.md" description: "LG Display has terminated the deal to sell its automotive LCD module business in Nanjing, China, to Top Run Total Solution. The transaction, valued at RMB 491.5 million ($68.9 million), was called off due to a failure to reach a final agreement on closing conditions. Both parties agreed to the termination with no penalties or additional financial burdens." datetime: "2026-09-24T06:10:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299983012.md) - [en](https://longbridge.com/en/news/299983012.md) - [zh-HK](https://longbridge.com/zh-HK/news/299983012.md) generator: "portal-rs" --- # LG Display scraps sale of Nanjing automotive LCD module business LG Display has terminated a deal to sell its automotive LCD module business in Nanjing, China, to Top Run Total Solution. The transaction, valued at RMB 491.5 million ($68.9 million), was called off after the two sides failed to reach a final agreement on the conditions needed to complete the deal. LG Display had planned to outsource production after the transfer to improve operating efficiency and profitability. The closing date had already been pushed from July 30 to September 30. Top Run said the contract was terminated by mutual agreement, with no penalty fees or additional financial burden. \[E-Daily, in Chinese\] ### Related Stocks - [LPL.US](https://longbridge.com/en/quote/LPL.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) ## Related News & Research - [LG Display withdraws Nanjing unit’s auto display LCD module business transfer after deal talks stall](https://longbridge.com/en/news/299856027.md) - [Apple and LG team up on new smart home gear, starting with a lock, doorbell, and thermostat](https://longbridge.com/en/news/301079889.md) - [Gabia disclosure shows DCK Investment stake drops to 0% from 24.37% after share sale deal scrapped](https://longbridge.com/en/news/299867924.md) - [Beno TNR says Acro New Technology Association No. 241 becomes top shareholder with 12.75% stake](https://longbridge.com/en/news/300283449.md) - [Gimcheon Tax Office cuts Sebitchem stake to 549,731 shares, or 9.72%##](https://longbridge.com/en/news/300272108.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**