Huang Hongsheng was released from prison.

On July 4th, 2009, Huang Hongsheng, the founder of Skyworth, former chairman of Skyworth Group and Skyworth Holdings, was released on bail pending trial and is now waiting at home.

Huang Hongsheng's release from prison was quite low-key, and some employees of the company didn't know about it. Skyworth held a national manager meeting in Wuhan on July 6, and learned from the contact between relevant media and Skyworth executives that many executives only received the news on the 6 th.

Huang Hongsheng was captured in the "Tiger Mountain Tour" of ICAC on June 5438+065438+ 10, 2004. In July 2006, he was convicted of four counts of conspiracy to steal and defraud the assets of listed companies and sentenced to six years' imprisonment.

The share price of Skyworth listed companies was eye-catching in Hong Kong market on July 6, with an intraday increase of nearly 20%, and finally closed at 1.93 HK dollars, up 12.87%. In this regard, some securities analysts pointed out that the capital market responded positively to the release from prison, and it is expected that Huang's release from prison will bring new development space to Skyworth. Luo Qingqi, a senior director of Paler Consulting, believes that Huang Hongsheng's release from prison will not have a great impact on Skyworth's current management team, will not pose a psychological threat to Skyworth's management team headed by Zhang Xuebin, and will not undermine Skyworth's professional manager management system. It is very helpful to boost morale.

According to the sales data of May 2009 released by Skyworth in Hong Kong on July 6th, the sales of flat-panel TVs surged by 279% year-on-year. In the nearly five years since Huang Hongsheng lost the helm, Skyworth's total annual revenue rose from HK$ 654.38+0.0466 billion in 2004 to HK$ 654.38+0.5 billion in 2008.