(Yicai Global) Dec. 18 -- China's television production adopted a planned economy model in the 1980s and 1990s with only state-backed enterprises and a small number of joint ventures able to obtain manufacturing licenses in the industry.
Skyworth received a number of original equipment manufacturing orders from state-backed enterprises through Mitisystem, which held a license, and then we wanted to develop our own brand later.
China adopted a looser policy after Deng Xiaoping's landmark speech during his southern tour in 1993. We finally secured approvals from the industry ministry Shenzhen municipal government after years of trying and started our own brand from grew into a first class company in China and rose to fifth globally!
Skyworth would not exist without the economic reform. We sincerely appreciate our country's opening-up along with the opportunity to take an important place in history.
(Huang Hongsheng, founder and former chairman of Skyworth Digital Holdings and Skyworth Group)