Hytera(SZ:002583) Guo Ji Jin Rong Bao·2025-07-23 13:35Core Viewpoint - The company, Hytera, is adjusting its global strategy by selling its Spanish subsidiary Teltronic for €75.5 million (approximately ¥628 million), which is expected to positively impact its net profit for the fiscal year 2025 [1] Group 1: Company Strategy and Financials - Hytera has completed the sale of Teltronic, a specialized communication company with total assets of ¥880 million and net assets of ¥327 million as of June 30, 2025 [1] - The sale is projected to generate approximately ¥80 million in pre-tax profit for Hytera, contributing positively to its net profit in 2025 [1] - The company previously acquired Teltronic in 2017 as part of a strategic move to enter the European market, enhancing its global presence [2] Group 2: Historical Context and Market Position - Hytera, often referred to as the "little Huawei" in the specialized communication sector, has a market share of about 8%, ranking third globally behind Motorola and Kenwood [3] - The company faced significant legal challenges from Motorola, which initiated lawsuits against Hytera for alleged trade secret theft, impacting its market access and financial performance [3][4] - In 2024, Hytera reported a revenue of ¥6.142 billion, an increase of 8.65% year-on-year, but suffered a net loss of ¥3.485 billion, a decline of 798.43% compared to the previous year [4]