Hytera(SZ:002583)2022-12-06 02:36Group 1: Company Overview - The company has transitioned from analog to digital since 2011, with digital products accounting for over 80% of its main business by the end of 2016 [2] - The digital product lines include Tetra (17% of digital revenue), PDT (28%), and DMR (55%) [2] Group 2: Acquisition Progress - The acquisition of Saipol is progressing smoothly, having received approvals from the board and shareholders, as well as some countries [2] - Saipol's Tetra terminals are globally leading in the private network sector, and the acquisition will enhance the company's Tetra solutions and customer resources in Europe and South America [2] Group 3: Revenue Breakdown - The revenue from terminals and systems constitutes approximately 60% of the company's total revenue [3] - The OEM business, primarily for clients like DJI and Finisar, accounts for less than 10% of total revenue [3] Group 4: Competitive Landscape - The company has secured major contracts for public safety networks and events, demonstrating its competitive edge against Motorola in the private network sector [3] - As the private network market expands into broadband, the company anticipates increased competition but is confident in its technological advancements [4]