Three consecutive rises in Hytera Communications Corporation (002583.SZ): There is uncertainty in the progress of expanding into new markets.

date
23/09/2024
avatar
GMT Eight
Hytera Communications Corporation (002583.SZ) announced that the closing price of the company's stock has deviated by more than 20% for two consecutive trading days (September 20th and September 23rd), indicating abnormal fluctuations in stock trading. Regarding the recent expansion of the company's business in the Middle East, which investors are paying close attention to, the company reiterates the following: In recent years, the company has been continuously strengthening its business presence in emerging markets such as the Middle East, South Asia, Latin America, Africa, and countries along the "Belt and Road" initiative. In the first half of the year, facing business opportunities in the Middle East, the company has further expanded its market presence in the region and promoted overseas branding efforts to facilitate business expansion in the Middle East. The company also reminds investors that the progress of expanding into new markets is uncertain, and its impact on the company's performance is still to be observed.

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