Skyworth Digital Multi-dimensional Development Trends: Capacity Expansion, Business Development and

In the process of continuous evolution of the technology industry, Skyworth Digital continues to make efforts and actively deploy multiple key areas to inject strong impetus into the long-term development of the company. On March 24, Skyworth Digital issued an important announcement, announcing that it would further promote the company's production capacity layout and decided to invest in the construction of the second phase of Huizhou Skyworth Digital Industrial Park.
同一天，创维数字还正式披露了 2024 年年报。Annual report data shows that in the past year, Skyworth Digital has made significant progress in overseas markets, and order volumes in emerging markets such as Latin America, Australia, Southeast Asia and the Middle East have shown significant growth trends. At the same time, Skyworth Digital has also achieved a series of remarkable phased results in emerging business segments such as XR R & D, AI glasses, and in-vehicle displays. It is worth mentioning that Skyworth Digital's investment in the commercial display field is also increasing. From the deep cultivation of COB ultra-high-definition display technology to the exploration of AI deep scene empowerment, from the creation of naked-eye 3D visual experience to the construction of a smart interactive ecosystem, Skyworth Commercial is relying on a series of innovative scene solutions to provide support for the display industry. Upgrade and development provide strong support.
On March 24, Skyworth Digital announced that the company held a board meeting on March 21, 2025, and reviewed and approved an important proposal on investing in and building the second phase of the Huizhou Skyworth Digital Industrial Park.
3 月 24 日，创维数字发布公告称，公司于 2025 年 3 月 21 日召开董事会会议，审议并通过了关于投资建设惠州创维数字产业园二期项目的重要议案。It is understood that the project is located in Huizhou City, Guangdong Province, with a total planned investment of no more than 932 million yuan and will be constructed in two plots. Among them, the ZKC - 63 - 21 plot has started construction as early as 2024, with an estimated total investment of no more than 582 million yuan; while the ZKC - 64 - 03 plot has currently completed planning and is planned to officially start construction in 2025, with an investment amount of no more than 350 million yuan, this plot will be mainly used to build production bases and R & D related supporting buildings. The main source of funding for the project is the company's own funds, and the expected construction period will not exceed 36 months. Skyworth Digital stated that the construction of this project will effectively meet the company's future business growth demand for production capacity, is of great significance to the company's sustainable development, and will have a positive and far-reaching impact on the company's long-term development.

On the evening of March 24, Skyworth Digital released its 2024 annual report data showing that as of December 31, 2024, the company's operating income reached 8.69 billion yuan. However, due to various factors such as the market environment, it decreased by 18.2% year-on-year; The parent net profit was 251 million yuan, a year-on-year decrease of 58.3%; Net profit deducted from non-parent ownership was 202 million yuan, a year-on-year decrease of 63.9%. Judging from the performance report, Skyworth Digital's main business covers three major sectors: smart terminal business, professional display business, and operation service business. In 2024, the smart terminal business achieved operating income of 6.558 billion yuan, a year-on-year decrease of 16.59% due to overall insufficient market demand and decline in product unit prices; the operating income of the professional display business was 1.715 billion yuan, a year-on-year decrease of 28.77%; the operating service business achieved revenue of 392 million yuan, a year-on-year increase of 20.88%.

The company revealed that during the reporting period, smart set-top boxes and broadband connection equipment successfully won the bid in multiple projects of the three major domestic communication operators, and the market share of high-end products gradually increased. In overseas markets, order volumes in emerging markets such as Latin America, Australia, Southeast Asia and the Middle East continue to increase. At the same time, the development of the AI game box market in the United States has made progress, XR research and development is steadily advancing, AI technology and product reserves are continuously upgraded, and in-vehicle display systems have also been successfully Obtained targets for multiple key projects for core customers.
In the fields of XR solutions and terminals and AI glasses, Skyworth Digital has made important breakthroughs.
在 XR 解决方案及终端与 AI 眼镜领域，创维数字取得了重要突破。The company's business models such as XR + education, XR + medical, and XR + movie viewing have reached strategic cooperation with overseas customers. At present, its AI glasses project is under intensive research and development in accordance with the established plan. It is planned to use AI intelligent interactive glasses to take the lead in meeting the application needs of just-needed hanging scenes such as cycling and hiking, achieve rapid landing, and gradually cover more key outdoor user scenarios.
在汽车电子车载显示领域，创维数字同样成绩斐然。During the reporting period, the production and sales of the company's automotive smart products achieved a year-on-year growth rate of 26.39%, with revenue reaching 1.227 billion yuan. It also successfully opened up 5 mainstream new car factory customers, further consolidating its market position in the automotive electronics field.
在研发投入方面，创维数字持续加大对高画质超薄可穿戴显示技术研发及应用的支持力度，提前布局 Mini - LED 相关技术，以更好地满足行业客户的多样化需求。At present, relevant projects have been successfully completed and entered the marketing stage. It is reported that Skyworth Digital has recently joined hands with BOE (BOE) to jointly launch a number of Mini LED TVs, including Skyworth's new generation Smart Mini LED "AI" TV G7F Pro. In order to create this product, Skyworth and BOE have established a joint laboratory for new technologies, investing up to 200 million yuan. After 23 special communications, the two parties conducted as many as 51 rounds of screen tests, and finally successfully achieved mass production of the product in February 2025, bringing consumers a better audio-visual experience.