Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Skyworth Digital Holdings ( (HK:0751) ) has provided an announcement.
Skyworth Automobile, an indirect non-wholly-owned subsidiary of Skyworth Group Limited, has signed two procurement agreements to supply 12.8-inch and 15.6-inch automobile central control touchscreens to Nanjing Coolwell from 27 March 2026 to 31 December 2026. The deals, capped at an aggregate RMB18 million, are priced on a cost-plus basis and allow Skyworth Automobile discretion to accept or reject purchase orders.
Because Nanjing Coolwell is controlled by a family trust established by Skyworth’s controlling shareholder, the arrangements are classified as continuing connected transactions under Hong Kong listing rules. The transactions exceed the 0.1% threshold but remain below 5%, triggering reporting and announcement requirements while exempting the company from independent shareholder approval, reflecting modest scale but continued related-party business within Skyworth’s automotive operations.
The most recent analyst rating on (HK:0751) stock is a Sell with a HK$7.00 price target. To see the full list of analyst forecasts on Skyworth Digital Holdings stock, see the HK:0751 Stock Forecast page.
More about Skyworth Digital Holdings
Skyworth Group Limited is a Bermuda-incorporated company listed in Hong Kong that has expanded from its core electronics base into the automotive sector through its subsidiary Skyworth Automobile. The unit manufactures automobile components such as central control touchscreens for carmakers, positioning the group within the smart and connected vehicle supply chain in mainland China.
Average Trading Volume: 6,316,197
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.84B
See more data about 0751 stock on TipRanks’ Stock Analysis page.