Securities code: 002583 securities abbreviation: Hytera Communications Corporation Limited(002583) Announcement No.: 2021-105 Hytera Communications Corporation Limited(002583)
Announcement on signing a digital trunking system contract with a customer in Africa
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Contract signing overview
Recently, Hytera Communications Corporation Limited(002583) (hereinafter referred to as “the company”) signed a contract for the overall solution of digital trunking system with a customer in Africa, mainly to build a special communication digital trunking system for a customer in Africa, with a project amount of about 140 million yuan.
The contract signed by the company does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Counterparty profile
The counterparty of the project is a government department of an African country, which has strong performance ability. The company, controlling shareholders and actual controllers do not have any relationship with the government departments of the country.
3、 Main contents of the contract
1. Contracting parties: Hytera Communications Corporation Limited(002583) , customers from a country in Africa;
2. Contract amount: about 140 million yuan;
3. Main contents of the project: building a special communication digital trunking system for customers in an African country;
4. Payment method: according to the contract;
5. Quality assurance: the shelf life of goods is 24 months from the date of preliminary acceptance, and the shelf life of accessories is 6 months from the date of delivery.
4、 Impact of contract on the company
1. The smooth implementation of the project will help to enhance the company’s brand influence in the country’s special communication industry, and play a good demonstration effect on the company’s market expansion in other countries in Africa. The African market has a continuous demand for the overall solution of digital trunking system.
2. The company’s overseas business has long been rooted in the local area, and it is particularly important to support customers during the epidemic. For a long time, the company’s overall solutions and localization services have made continuous contributions to the fight against the epidemic and daily work of government customers in various countries. With the gradual recovery of daily activities in various countries and regions, the customer’s budget in the field of dedicated communication will be gradually released, and the company’s overseas accumulated business will be gradually implemented.
3. The total amount of this contract is about 140 million yuan, accounting for 2.30% of the company’s audited operating revenue in 2020. The smooth performance of the contract is expected to have a certain positive impact on the company’s current and future annual total operating revenue and operating profit.
4. The company has the ability to perform the project contract, and the capital, technology, personnel and production capacity can ensure the smooth implementation of the project; The project does not affect the independence of the company’s business, and the company’s main business does not rely on the counterparty due to the implementation of the project.
5、 Risk tips
This project is an overseas project undertaken by the company. Although the company has accumulated more experience in large overseas projects, overseas projects are still affected by local economic, political, cultural and other factors, and there are certain performance risks. In addition, the fluctuation of exchange rate also has a certain impact on the actual income of the project. The final income is subject to the audit results of the company. Please pay attention to the investment risk.
6、 Documents for future reference
1. Contract text signed by both parties.
It is hereby announced.
Hytera Communications Corporation Limited(002583) board of directors December 23, 2021
