Founding family after the handover of skyworth digital

Founding family after the handover of skyworth digital (HK) in order to complete the company strategy consultant and founder huang to throw billions of planning at the end of last year, are changing the professional managers headed by zhang xuebin times conservative financing mode, a dominated by huang Hong Kong stock exchange and shenzhen stock exchange referred to in the layout of the three listed companies financing plan has emerged.

On March 11, skyworth digital announcement, according to the main production of small and medium-sized LCD module, wholly owned subsidiary company of skyworth light show technology holdings co., LTD. (hereinafter referred to as skyworth light show) on the submit to the Hong Kong stock exchange listed on the application form, apply for approval of skyworth light appears on the stock exchange main board listing.

And listed on the shenzhen stock exchange after a day of huarun textile group holdings, because of the material assets reorganization of suspended nearly 2 months of CRC bright! (buying and selling points) (SZ) announcement, skyworth digital set-top boxes and other business will have injection company, skyworth digital announcement also said on the same day, China resources with the huarun textile group of bright and reached a preliminary consensus on the material assets reorganization.

This brand director lee from skyworth group want to March 14 told our reporter, "skyworth digital set-top boxes, light display technology and other business spin-off listing is already in progress, primarily for besides TV a lot of profit center to expand the financing channels."

Skyworth spin off behind

Huang at the end of last year in the Alma mater celebration on the 60th anniversary of south China institute of technology, an interview with our reporter, had revealed to skyworth group sales revenue reached 50 billion yuan, 2015, 2020, 100 billion yuan, this is the third revolution in the dominant of skyworth huang hongsheng.

According to huang and skyworth formulated management planning, due to the profit center has 2012 from skyworth initially only TV to expand to ten big business, including security, set-top boxes, group of hin light technology, even just in white goods, such as LED lighting business is profitable, these new profit center will become skyworth billions of concrete support of the plan.

In huang's opinion, in addition to color TV in 2020 sales scale will achieve 50 billion yuan (including 10 billion yuan in overseas), other business center will be able to create an income of 50 billion yuan, however, according to skyworth digital half annual report released in November last year September (4-2012), its color TV business still accounted for more than eighty percent of sales revenue, and set-top box is about hk $2 billion, while light show technology for hk $215 million, including white goods (zone), security and car electronics, LED lighting and other aspects of the income is 790 million Hong Kong dollars.

Clearly the size of the other business is far from the desired target, has skyworth insider told our reporter, "color TV is the main occupation of skyworth absolutely to retain, group investment in areas such as logistics, factory is all about color TV business, although there is a related industries do big strategic, but set-top boxes and other business to get money, etc, support has been very small, and the Hong Kong skyworth digital market in 2000 after the refinancing, which limits the development of other businesses."

In addition, skyworth digital by 2008 because of the steady money policy, has more than 20, one hundred million yuan deposit in hand yet doesn't even to, until the situation for LCD TV in shenzhen skyworth rock, places such as guangzhou, Inner Mongolia, nanjing construction LCD TV and LCD joint venture with LGD factory factory to change after the big investment, etc.