Skyworth Digital: Completion of sale of 40% equity stake in subsidiary and waiver of the right to increase capital transaction.

Skyworth Digital announced that the company had agreed earlier to transfer 40% of the equity of Feichi Electronics under its subsidiary Skyworth Digital in Shenzhen to Skyworth Group for 116.44 million yuan, corresponding to a registered capital of 4 million yuan; Skyworth Group increased the capital of Feichi Electronics by valuing the 100% equity of Anshida Company at 104.20 million yuan. Shenzhen Skyworth Digital waived its 114.62 million yuan preemptive right to subscribe for additional shares. After the transaction is completed, its ownership of Feichi Electronics will decrease to 32.40%, and the company will no longer be included in the consolidated financial statements. Recently, the relevant companies completed the change registration filing, Shenzhen Skyworth Digital received the transfer price, the delivery of the equity of the target company was completed, and the transaction was all completed.