Skyworth Group Limited — Earnings Release 2018

Oct 8, 2018

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [179 x 32] intentionally omitted <==

SKYWORTH DIGITAL HOLDINGS LIMITED ( 創 維 數 碼 控 股 有 限 公 司 ) *

(Incorporated in Bermuda with limited liability)

(Stock Code: 00751)

OVERSEAS REGULATORY ANNOUNCEMENT ESTIMATED RESULTS FOR THE THIRD QUARTER OF 2018 OF SKYWORTH DIGITAL CO., LTD.

This announcement is made by Skyworth Digital Holdings Limited (the “ Company ”) pursuant to Rules 13.09(2) and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Skyworth Digital Co., Ltd. (“ Skyworth Digital ”, Shenzhen Stock Code: 000810), an A-share listed company on the Shenzhen Stock Exchange and a non-wholly owned subsidiary of the Company, has announced its estimated results for the third quarter of 2018 (the “ Announcement ”). The Announcement has been reproduced in the Appendix hereto. The detailed financial figures of Skyworth Digital will be disclosed in the 2018 third quarter report.

The Announcement in Chinese (Announcement Number: 2018-076) can be viewed on the information website of the Shenzhen Stock Exchange (http://www.cninfo.com.cn).

By order of the Board Skyworth Digital Holdings Limited Lai Weide Chairman of the Board

Hong Kong, 8 October 2018

As at the date of this announcement, the Board of the Company comprises Mr. Lai Weide as the Chairman of the Board; Mr. Liu Tangzhi as executive director and the chief executive officer; Ms. Lin Wei Ping, Mr. Shi Chi and Mr. Lin Jin as executive directors; and Mr. Li Weibin, Mr. Cheong Ying Chew, Henry and Mr. Li Ming as independent non-executive directors.

* For identification purpose only

• 1 -

Appendix

Stock Code: 000810 Stock Abbreviation: Skyworth Digital Announcement Number: 2018-076

Skyworth Digital Co., Ltd. Announcement on Estimated Results for the First Three Quarter of 2018

The Company and all members of the board of directors confirm that the information disclosed is true, accurate and complete, and no false records or misleading statements or material omissions.

I 、 Estimated results during the current reporting period

1. Period of the estimated results: From 1 January 2018 to 30 September 2018

2. Estimated results:

• Loss □ Turnaround from loss

• √ Increase over the same period last year □ Decrease over the same period last year

• (1) Estimated results for the first three quarters of 2018 (From 1 January 2018 to 30 September 2018)

		Corresponding period
Item	Current reporting period (RMB)
		last year (RMB)
	Profit: 210,000,000 – 250,000,000	Profit: 48,914,400
Net profit attributable to
listed company
	Profit: 0.2028 –0.2414	Profit: 0.0473
Basic earnings per share

• (2) Estimated results for the third quarter of 2018 (From 1 July 2018 to 30 September 2018)

		Corresponding period
Item	Current reporting period (RMB)
		last year (RMB)
	Profit: 55,000,000 – 80,000,000	Profit: -5,490,300
Net profit attributable to
the shareholders of thelisted companyIncrease by: 1,101.77% – 1,557.12% ascompared with the corresponding period lastyear
listed company
	Profit: 0.0530 –0.0771	Profit: -0.0053
Basic earnings per share

II 、 Preliminary audit of the estimated results

These estimated results have not been audited by certified public accountants.

• 2 -

III 、 Explanation for the changes in results

In the first three quarters of 2018 and the third quarter of 2018, the company's net profit increased significantly year-on-year. Based on the growth of the company’s operation income, the company implemented a full cost optimization strategy which resulted in increase in gross margin. In addition, the foreign exchange had been turned from loss to gain as compare with same period last year.

IV 、 Other relevant explanation

1. These estimated results are only based on the preliminary estimation by the finance department of the Company and have not been audited by the audit firm. Detailed figures of the 2018 first three quarters results will be disclosed in the 2018 third quarter report of the Company.

2. The Company’s designated official media platforms included “China Securities Journal”, “Securities Times” and website of the Shenzhen Stock Exchange (http://www.cninfo.com.cn). Investors are advised to remain cautious about the investment risks.

By order of the Board Skyworth Digital Co., Ltd. 9 October 2018

________________________________________________________________________________________________ Note: If there is any inconsistency between the English and Chinese versions of this appendix, the Chinese version shall prevail.

• 3 -