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Skyworth Digital Holdings ( (HK:0751) ) has shared an announcement.
Skyworth Group Limited announced a new Framework Agreement between its subsidiary SSDT and Xiaopai, effective from January 10, 2025, to December 31, 2025, for the supply of electronic products. This agreement aims to continue previous business transactions, with a structured pricing model based on a cost-plus basis, ensuring favorable profit margins. The agreement is categorized as a continuing connected transaction under Hong Kong’s Listing Rules, with implications for reporting and announcement requirements but exempt from independent shareholder approval.
More about Skyworth Digital Holdings
Skyworth Group Limited is a company incorporated in Bermuda, operating within the electronics industry. It primarily engages in the manufacture and sale of electronic products, including webcam modules and set-top boxes, which cater to various brand requirements, including its own and those of its partners.
YTD Price Performance: -7.50%
Average Trading Volume: 613
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $830.8M
Learn more about 0751 stock on TipRanks’ Stock Analysis page.
