Skyworth Forms 1 Billion Yuan Investment Fund for Digital Creative Technologies

MT Newswires Live

2024/11/19

Skyworth Group (HKG:0751) has formed a new investment fund focused on digital creative technologies, a Tuesday Hong Kong bourse filing said.

The fund, Shenzhen Linghang Xingchan Digital Creative Equipment Industry Private Equity Investment Fund Partnership, will have a total capital commitment of 1 billion yuan.

Skyworth's subsidiaries, Shenzhen Chuangxin Nanhua Enterprise Management and Shenzhen Chuangwei Technology Consultancy, will contribute a combined 350 million yuan to the fund, representing 35% of the total capital commitment.

The fund aims to invest in digital creative technologies and equipment, new generation ultra-high-definition professional display equipment, broadcasting and film and television equipment, and advanced imaging systems among others.

Shenzhen Chuangwei Technology Consultancy will serve as the manager of the fund.

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