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Skyworth Digital Holdings ( (HK:0751) ) has issued an update.
Skyworth Group Limited, through its indirect non wholly-owned subsidiary Skyworth Automobile, has entered into procurement agreements to supply automobile components to Nanjing Golden Dragon Bus and Jiangsu Skywell. These agreements, effective from January 10, 2025, to December 31, 2025, establish a sales framework for 12.3 inch automobile instrument panels with an aggregate annual cap of RMB10,500,000. The transactions are categorized as continuing connected transactions under the Hong Kong Listing Rules due to existing shareholder relationships, requiring reporting but not independent shareholder approval.
More about Skyworth Digital Holdings
YTD Price Performance: -7.50%
Average Trading Volume: 613
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $830.8M
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