Group 1 - The company Skyworth Digital (000810) announced that its chairman, Shi Chi, plans to reduce his holdings by no more than 9 million shares, accounting for 0.788% of the total share capital, within three months after 15 trading days from the announcement date [1] - Director and Vice General Manager Zhang Zhi intends to reduce his holdings by no more than 800,000 shares, representing 0.070% of the total share capital [1] - Director Shen Yiming plans to reduce his holdings by no more than 90,000 shares, which is 0.008% of the total share capital [1] - Chief Financial Officer Wang Yin intends to reduce his holdings by no more than 70,000 shares, accounting for 0.006% of the total share capital [1] - The reason for the reductions in holdings by all directors is personal financial arrangement needs [1]

Core Viewpoint - The company has announced its 2024 annual profit distribution plan, which includes a cash dividend of 0.50 RMB per 10 shares for all shareholders, subject to adjustments based on changes in total share capital [1][2]. Group 1: Profit Distribution Plan - The 2024 annual profit distribution plan was approved at the shareholders' meeting held on April 25, 2025, with a base of 1,141,595,579 shares for the distribution [1][2]. - A cash dividend of 0.50 RMB (including tax) will be distributed for every 10 shares held, with specific tax treatments for different categories of shareholders [2][3]. - The total amount of dividends will be adjusted based on any changes in the total share capital due to various corporate actions [1][2]. Group 2: Key Dates - The record date for the profit distribution is set for June 12, 2025, and the ex-dividend date is June 13, 2025 [2][3]. Group 3: Distribution Method - Cash dividends will be directly credited to shareholders' accounts through their securities companies or other custodians [3].

3、本次实施的权益分派方案与2024年年度股东大会审议通过的权益分派方 案及其调整原则一致。 证券代码：000810 证券简称：创维数字 公告编号：2025-027 创维数字股份有限公司 2024年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 创维数字股份有限公司（以下简称"公司"、"本公司"）2024年年度权益 分派方案已获2025年4月25日召开的2024年年度股东大会审议通过，现将权益分 派事宜公告如下： 一、股东大会审议通过权益分派方案情况 1、公司2024年年度权益分派方案已获2025年4月25日召开的2024年年度股东 大会审议通过，2024年度权益分派方案为：以公司现有总股本1,150,216,072股剔 除回购专用证券账户中累计回购的8,620,493股股份后的1,141,595,579股为基数， 向全体股东每10股派发现金红利0.50元（含税），剩余未分配利润结转以后年度， 2024年度不送红股，不以资本公积金转增股本。若在分配预案公布后至实施权益 分派股权登记日期间，因可转债转股、股份回购注销、股权激励行权、再融资新 ...

Investment Rating - The report suggests a positive outlook for the home appliance industry, indicating strong growth potential in both domestic and emerging markets [4][54]. Core Insights - In April, home appliance exports showed a mixed performance, with a slight increase in quantity (+1.5%) but a decrease in value (-1.7%). Notably, air conditioner exports rose significantly by 14.5% [11][13]. - Emerging markets, particularly Southeast Asia and Africa, demonstrated robust growth in appliance exports, with increases of 70% and 43% respectively [13][16]. - The domestic air conditioner production is expected to increase by 35% in June 2025, driven by improved consumer confidence and government policies [21][23]. Summary by Sections 1. Export Performance - In April, air conditioner exports reached 10.68 million units, a year-on-year increase of 14.5%, while refrigerator exports slightly declined by 0.7% [11][12]. - Southeast Asia and Africa led the growth in appliance exports, with significant increases in export values [13][14]. 2. Production Insights - Air conditioner production in June 2025 is projected at 20.75 million units, a 17% increase year-on-year, with domestic production up by 35.4% [21][23]. - Factors contributing to this growth include enhanced retail market dynamics and government incentives [23]. 3. Market Trends - The home appliance retail sector has maintained high growth, supported by domestic demand and favorable government policies [4][54]. - The report emphasizes the importance of focusing on domestic demand and subsidy-driven growth opportunities in the white goods sector [4][54]. 4. Investment Recommendations - The report recommends focusing on three main lines: domestic demand and subsidies, structural upgrades in the black goods sector, and opportunities in small appliances [4][54].

Investment Rating - The report suggests a positive outlook for the home appliance industry, particularly focusing on domestic demand and emerging market exports [4][54]. Core Insights - In April, home appliance exports showed a mixed performance with a slight increase in quantity (+1.5%) but a decrease in value (-1.7%). Air conditioner exports rose significantly by 14.5% [11][13]. - The report highlights strong growth in emerging markets, particularly Southeast Asia and Africa, with export values increasing by 70% and 43% respectively [13][16]. - The air conditioning production for June is projected to increase by 35%, driven by domestic demand and favorable market conditions [21][23]. Summary by Sections 1. April Home Appliance Export Performance - Home appliance exports in April showed a quantity increase of 1.5% but a value decrease of 1.7%. Air conditioners, refrigerators, washing machines, and LCD TVs had varied performances with air conditioners and washing machines showing notable growth [11][12][14]. 2. Regional Export Trends - Southeast Asia and Africa led the growth in exports, while North America and Europe experienced significant declines. For instance, air conditioner exports to South America and the Middle East grew by 37% and 31% respectively [16][18]. 3. Production Insights - The report indicates that air conditioning production in June is expected to reach 20.75 million units, a 17% increase year-on-year, with domestic production rising by 35.4% [21][23]. 4. Market and Sector Tracking - The report tracks market performance, noting a slight decline in the Shanghai Composite Index but a 0.4% increase in the home appliance sector index. Key stocks showed varied performance, with notable gains in companies like Stone Technology and Aishida [24][27]. 5. Investment Recommendations - The report recommends focusing on domestic demand and subsidy-driven growth in the white goods sector, as well as opportunities in the black goods sector and small appliances [4][54].

Core Viewpoint - The company, Skyworth Digital Co., Ltd., has completed the cancellation of 8,620,493 repurchased shares, which accounts for 0.75% of the total share capital before cancellation, resulting in a new total share capital of 1,141,595,579 shares [1][4]. Summary by Sections Repurchase and Cancellation Process - The company approved a share repurchase plan on March 18, 2022, allowing for the repurchase of shares using its own funds, with a total amount between RMB 100 million and RMB 200 million, and a maximum price of RMB 16 per share [1][2]. - The first repurchase occurred on April 6, 2022, and the company disclosed monthly updates on the repurchase progress [2]. - As of March 17, 2023, the company had repurchased a total of 8,620,493 shares, with a total expenditure of approximately RMB 125.22 million, at prices ranging from RMB 12.46 to RMB 15.85 per share [3]. Approval and Impact of Share Cancellation - The company held board meetings on March 21, 2025, and April 25, 2025, to approve the change in the purpose of the repurchased shares from employee stock plans to cancellation and reduction of registered capital [3]. - The cancellation of shares is expected to enhance earnings per share and net asset per share, thereby improving shareholder returns and investor confidence [4]. - The cancellation will not significantly impact the company's financial status, debt repayment ability, or shareholder equity, nor will it affect the control structure or listing status of the company [4]. Changes in Share Capital Structure - Following the cancellation, the company's total share capital decreased from 1,150,216,072 shares to 1,141,595,579 shares, with the final structure subject to confirmation by the China Securities Depository and Clearing Corporation [4].

Core Viewpoint - The company has completed the cancellation of 8,620,493 shares, which represents 0.75% of the total share capital before cancellation, resulting in a new total share capital of 1,141,595,579 shares from 1,150,216,072 shares [1][3]. Group 1: Share Buyback and Cancellation - The company approved a share buyback plan using its own funds, with a total amount between RMB 100 million and RMB 200 million, and a maximum buyback price of RMB 16 per share [1][2]. - The buyback was completed with a total of 8,620,493 shares repurchased, with the highest transaction price at RMB 15.85 and the lowest at RMB 12.46, totaling RMB 125,215,583.11 spent [2][3]. - The purpose of the buyback was changed from employee stock incentive plans to cancellation and reduction of registered capital [3]. Group 2: Impact on Share Capital Structure - After the cancellation of shares, the total share capital decreased from 1,150,216,072 shares to 1,141,595,579 shares, maintaining the same percentage distribution of share categories [4][5]. - The company will proceed with necessary legal and regulatory changes following the cancellation of shares [5].

关于回购股份注销完成暨股份变动的公告 本公司董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 重要内容提示： 证券代码：000810 证券简称：创维数字 公告编号：2025-026 创维数字股份有限公司 公司分别于 2025 年 3 月 21 日、2025 年 4 月 25 日召开第十二届董事会第六 次会议及 2024 年年度股东大会，审议通过《关于变更回购股份用途并注销的议 案》，同意变更 2022 年 3 月 18 日召开第十一届董事会第七次会议审议通过的《关 于公司以集中竞价方式回购股份方案的议案》的回购股份用途，由原方案"回购 股份用于实施股权激励或员工持股计划"变更为"用于注销并减少注册资本"。 1、创维数字股份有限公司（以下简称"公司"或"本公司"）本次注销的回购 股份数量为 8,620,493 股，占注销前公司总股本的 0.75%。本次注销完成后，公 司总股本由注销前的 1,150,216,072 股变更为 1,141,595,579 股； 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次回购 股份注销事宜已于 2025 年 5 月 20 日 ...

伴随着西部A股上市公司披露了2024年年报，高管的薪酬情况随之曝光。 黄桷树财经整理了西部A股上市公司的10位"打工皇帝"。 第一位是创维数字（000810.SZ）副总经理张恩利。 张恩利，男，1979年出生，空军工程大学电力电子与电力传动专业硕士研究生学历，高级工程师，深圳市高层次后备级人才。 2024年，张恩利从创维数字获得的税前报酬总额为890.53万元。截至2024年末，张恩利持有2.5万股创维数字。 值得一提的是，张恩利虽然位列榜首，但他惨遭大幅降薪，2023年他的税前报酬是1482.2万元，2024年的税前报酬实际上降幅为40%。 第二位是重庆啤酒（600132.SH）总裁Lee Chee Kong（中文名：李志刚）。 Lee Chee Kong，男，53岁，马来西亚国籍，毕业于马来西亚北方大学工商管理专业。 在任职于嘉士伯前，Lee Chee Kong曾担任希丁安亚洲区总裁并兼任中国区董事总经理。更早前，他曾担任亨氏中国董事总经理职位，并且在高露洁棕榄 中国及亚太地区长时间从事管理工作。 2024年，龚晖从隆鑫通用获得税前报酬总额为639.91万元。截至2024年末，龚晖持有142.925万股隆 ...

Core Viewpoint - The black home appliance industry in A-shares has shown significant performance divergence in 2024, with leading companies achieving stable growth through technological innovation and global expansion, while smaller firms struggle under cost pressures and market contraction [1][3]. Revenue and Profit Performance - The black home appliance industry achieved a total revenue of 202.938 billion yuan and a net profit attributable to shareholders of 4.961 billion yuan in 2024 [1][2]. - Major companies like Sichuan Changhong and Hisense Vision reported revenue and net profit growth, but their net profit growth lagged behind revenue growth, indicating room for improvement in profitability [3]. - Companies such as Skyworth Digital and XGIMI experienced declines in both revenue and net profit, with Skyworth's revenue down 18.20% and net profit down 58.34% [2][3]. Profitability Analysis - There is a significant disparity in profitability among companies in the black home appliance sector, with Sichuan Changhong's gross margin at only 10.02%, indicating low profitability despite high revenue [4][6]. - Companies like *ST Tongzhou and XGIMI have higher gross margins above 20%, but their net profit margins are low, suggesting reliance on non-core income to inflate profits [6][9]. Research and Development Expenditure - Over half of the companies in the black home appliance sector have reduced R&D spending, with XGIMI and Sichuan Changhong leading in sales expense ratios and absolute sales expenses [7][9]. - The R&D expense ratio for most companies is below 10%, reflecting a trend towards cost-cutting in favor of short-term profitability [9]. Operational Efficiency and Liquidity - Many companies face liquidity challenges, with over half having accounts receivable turnover days exceeding 100 days, indicating poor sales collection capabilities [10][11]. - Companies like Sichuan Jiuzhou and *ST Gaosi have extremely high accounts receivable turnover days of 226.27 and 387.60, respectively, highlighting severe cash flow issues [11][12].