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Skyworth
Founded in 1988, Skyworth Group Co., Ltd.
Primarily engages in four segments, namely smart household appliances (TVs, Coocaa operating system, refrigerators, washing machines, air conditioners, kitchen appliances, home appliances, etc.), smart systems technology (smart digital set-top boxes, broadband access terminals, automotive electronic systems, XR, smart city and operation services), new energy (household distributed photovoltaics, commercial and industrial photovoltaics, smart energy management, energy storage devices, etc.), and modern services and other businesses (home appliance after-sales services, intelligent logistics, park development, park management, financial services, VC investments, headquarters functional departments, etc.).
Boasting two listed companies Skyworth Group (HK.00751) and Skyworth Digital (SZ.000810), two national industrial design centers and a number of high-tech subsidiaries, the Group is listed among the first batch of demonstration units for "Made in China 2025", and has consistently ranked among the top companies in the China Top 100 Electronic Enterprises for multiple years, securing the 425th position in the "China Top 500 Enterprises 2023" list. For the 2023 fiscal year, Skyworth Group reported total revenues of RMB 69.031 billion, ranking 287th in the "Fortune China Top 500" and 243rd in the "Fortune China Listed Companies Top 500".
Since its establishment over three decades ago, Skyworth has always adhered to the principles of technological precedence, quality first, managerial innovation, efficiency priority, customer above all, service to home, employee orientation and achievement sharing. Skyworth has sold its color TVs, digital set-top boxes and other terminal products well both in domestic and international markets, consistently securing top market share; updated and iterated its smart TV application systems frequently, with a user base reaching 200 million; risen to a prominent position in household distributed photovoltaics; and has developed a comprehensive strategy for intelligent vehicle system and intelligent residential system, which have already been put on the application market. Over the past 30 years, Skyworth has applied for more than 13,000 patents, completed more than 200 major national, provincial and municipal scientific research projects, obtained over 100 scientific research achievements at provincial and municipal levels, and actively participated in the formulation of China's DTMB standards in 2017, receiving the First Prize for National Scientific and Technological Progress Award. Throughout its more than three decades of existence, Skyworth has contributed over RMB 51 billion yuan in tax revenue and created jobs for over 30,000 individuals.
Through more than 30 years of dedication and meticulous work, Skyworth has become a globally recognized household appliance brand with two subsidiary brands, METZ and COOCAA.In response to technological advancements and changes in the market environment, Skyworth Group has timely introduced a five-year overall strategy for transformation and upgrade: fully implementing the three strategies of intelligence, refinement and internationalization, promoting the construction of three major projects of Shenzhen Headquarters Base, Pearl River Delta Smart Manufacturing Base, and Yangtze River Delta Smart Manufacturing Base, developing the four major business segments, covering smart household appliances, smart systems technology, new energy, and modern services and other businesses, and striving to build itself a leader in the fields of smart household appliances and information technology with a focus on advanced product technologies, sound corporate governance, efficient operation, strict oversight, effective motivation, and global competitiveness.
