On August 21, 2018, Purplevine IP Operating (Shenzhen) Co., Ltd. was opened at Shenzhen. Heads of relevant departments of Shenzhen Municipal Government and representatives of from TCL Technology Group and its main business sectors attended the opening ceremony, as well as representatives from banks, law firms and enterprises.

Purplevine IP Operating (Shenzhen) Co., Ltd., registered in Shenzhen, China, is a high-end patent operation company established by TCL CSOT. Leveraging on industrial resources of TCL, the company adopts innovative financing mode and focuses on the high-end demands in patent market of China, with main business scope of the high-quality patent applications, high-value patent transaction/investment, patent consulting, training and special case processing, as well as patent license negotiation support and administrative/judicial rights protection worldwide. Yang Jin, Vice President of TCL Group, Chairman and CEO of Purplevine, and the other core members of the team are all senior patent professionals from well-known companies such as CSOT, TCL Communication, ZTE, Foxconn and MediaTek.

The company, establishing itself as an international pioneer company, taps into its the profound industrial resources and practice experience of patent, tries to provide a new mode of high-end patent operation services for many Chinese enterprises to transform and go global, and contributes to implementation of China's strategy of intellectual property powerhouse with market-oriented professional services and ecological construction.