skyworth digital holdings limited - HKEXnews

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Sep 7, 2017 - The Group's TV sales volume in China market recorded a decline of 20% and ... Smart TV with internet funct
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SKYWORTH DIGITAL HOLDINGS LIMITED (創 維 數 碼 控 股 有 限 公 司)* (Incorporated in Bermuda with limited liability) (Stock Code: 00751)

TV SALES IN AUGUST 2017 The Group’s TV sales volume in China market recorded a decline of 20% and 18% year-on-year in August 2017 and in April to August 2017, respectively. Sales volume of 4K TV in China market recorded a growth of 4% year-on-year in August 2017, accounted for approximately 56%, compared to approximately 43% year-on-year. Gross profit margin and the average selling price of 4K TV is the highest among all TV series. Smart TV with internet function and self-developed coocaa TV operating system becomes the majority of the Group’s product mix in China market. The Group recorded the following numbers of users in China market using Skyworth Smart TV as at 31 August 2017:  Total volume of activated internet TV: 24,354,286  Smart TV weekly active volume: 11,969,743 (Note 1)  Smart TV daily active volume: 9,502,243 (Note 2) The Group’s TV sales volume in the overseas market recorded a decline of 3% and 7% year-on-year in August 2017 and in April to August 2017, respectively. The Group’s total TV sales volume recorded a decline of 12% and 13% year-on-year in August 2017 and in April to August 2017, respectively.

Note 1: Smart TV weekly active volume is average weekly number of smart TV which had online in recent 4-week period. Note 2: Smart TV daily active volume is average daily number of smart TV which had online in recent 7-day period.

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The board of directors (the “Board”) of Skyworth Digital Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) wishes to present the following unaudited figures: TV SALES IN AUGUST 2017 The unaudited figures relating to the Group’s sale of television sets (“TV”) are as follows: August 2017

August 2016

August 2017 vs. August 2016

April to August 2017

April to August 2016

Increase/ (Decrease)

Unit (‘000)

Unit (‘000)

April to August 2017 vs. April to August 2016 Increase/ (Decrease)

Unit (‘000)

Unit (‘000)

676

847

(20%)

2,785

3,393

(18%)

378.0 298.2

363.9 482.7

4% (38%)

1,462.0 1,323.4

1,388.6 2,004.0

5% (34%)

719

742

(3%)

2,814

3,029

(7%)

1,395

1,589

(12%)

5,599

6,422

(13%)

TV sales volume China Market (Note 3) which comprises: - 4K TV (Note 4) - Non-4K TV Overseas Market (Note 5) Total TV sales volume

Note 3: Note 4:

Note 5:

The TV sales volume or revenue of the Group in China market relates to the Group’s sale of TV, substantially under brand, entirely in China market. 4K TV refers to TV with 4Kx2K ultra high-definition panel, including liquid crystal display (“LCD”) with light emitting diode backlights (“LED”) or organic light emitting diode (“OLED”) , mostly using smart computing and smart storage technology. The great majority of TV manufactured by the Group in the overseas market is manufactured for foreign TV brands owned by third parties for sale in overseas. Furthermore, the sales volume or revenue in the overseas market includes that relating to TV sold in complete-knocked down and semi-knocked down forms.

Please note that all data above are unaudited and therefore may differ from the audited data. By order of the Board Skyworth Digital Holdings Limited Lam Shing Choi, Eric Company Secretary Hong Kong, 7 September 2017 As at the date of this announcement, the Board of the Company comprises Mr. Lai Weide as the Chairman of the Board; Mr. Liu Tangzhi as executive director and the chief executive officer; Ms. Lin Wei Ping and Mr. Shi Chi as executive directors; Mr. Yang Dongwen as non-executive director; and Mr. Li Weibin, Mr. Cheong Ying Chew, Henry and Mr. Li Ming as independent non-executive directors.

* For identification purpose only

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