Founded in 1988. Skyworth Group Co., Ltd. primarily operates in four key segments: smart household appliances (including TVs, the Coocaa operating system, refrigerators, washing machines, air conditioners, kitchen appliances, and small home appliances), smart systems technology (digital smart set-top boxes / smart gateways / smart networking, spatial computing XR, automotive intelligent display assemblies, industrial control display modules, and IoT solutions, etc.), renewable energy (household distributed photovoltaics, photovoltaics for commercial and industrial usage, smart energy management, and energy storage devices), and modern services (including after-sales service for home appliances, intelligent logistics, park construction and management, financial services, venture capital investments, and headquarters functional departments). Boasting two listed companies, Skyworth Group Limited (HK.00751) and Skyworth Digital Technology Co. Ltd (SZ.000810), along with two national industrial design centers and several high-tech subsidiaries, the Group is listed among the first batch of demonstration units for "Made in China 2025". It is also a National Manufacturing Single Champion Demonstration Enterprise and a National Intellectual Property Demonstration Enterprise. Skyworth has consistently ranked among the top companies in the China Top 100 Electronic Enterprises, reaching a new high by securing the 351st position in the "China Top 500 Enterprises 2024" (up from 425th last year). Additionally, it ranks 272nd in the 2024 Fortune China 500 list. In the 2023 fiscal year, Skyworth Group reported total revenues of RMB 69.031 billion.
Since its establishment over three decades ago, Skyworth has consistently followed principles of technological leadership, quality first, and innovation in management and efficiency. The company prioritizes customer satisfaction and service, focusing on employee well-being and shared success. Skyworth's color TVs, digital set-top boxes, and other products are bestsellers in both domestic and international markets, maintaining a leading market share. The smart TV application systems are frequently updated, with the user base reaching 200 million. Skyworth has become a leader in household distributed photovoltaics and has fully deployed intelligent vehicle and residential systems in the market. Additionally, it played a key role in establishing the National Ultra High-Definition Video Innovation Center, spearheading advancements across the next-generation display industry chain. Over the past thirty years, Skyworth has filed over 13.000 patents, completed more than 200 significant research projects, and received over 100 provincial and municipal awards for scientific achievements. In 2017. it contributed to the development of China's DTMB standard and was awarded the National Science and Technology Progress Award (First Class). Skyworth has generated over RMB 51 billion in tax revenue in China and provided approximately 30.000 jobs. Through hard work and dedication, Skyworth has become a well-recognized global home appliance brand, with two sub-brands, METZ and COOCAA, under its flag.
In response to technological advancements and shifts in the market environment, Skyworth Group has introduced a comprehensive five-year strategy for transformation and upgrading. This strategy focuses on three key initiatives: intelligence, refinement, and internationalization. The Group aims to advance the construction of three major projects: the Shenzhen Headquarters Base, the Pearl River Delta Smart Manufacturing Base, and the Yangtze River Delta Smart Manufacturing Base. Skyworth is committed to developing four major business segments: smart household appliances, smart systems technology, new energy, and modern services. The goal is to establish itself as a leader in smart household appliances and information technology, emphasizing advanced product technologies, sound corporate governance, efficient operations, strict oversight, effective motivation, and global competitiveness.