Hytera Communications(002583.SZ): Employee Stock Ownership Platform Plans to Transfer Its Holdings of Hydes Equity, a Controlling Subsidiary of the Company, to Company-Related Parties

Gelonghui, March 16 — Hytera Communications Co., Ltd. (002583.SZ) announced that Hytera Communications Limited (referred to as “Hytera”) is a controlling subsidiary of the company. As of the date of this announcement, the company holds an 80.23% stake in Hytera. The company’s controlling shareholder and actual controller, Mr. Chen Qingzhou, directly controls Shenzhen Hynerde Investment Partnership (Limited Partnership) (referred to as “Hynerde”), which holds a 9.88% stake in Hytera. Shenzhen Hainengchuangda Investment Partnership (Limited Partnership) (referred to as “Hainengchuangda”) holds a 4.94% stake in Hytera. Based on mutual agreement, Hainengchuangda plans to transfer its 4.94% stake in Hytera to Mr. Chen Qingzhou personally for 91.09 million yuan. After the transaction is completed, Mr. Chen Qingzhou will directly hold a 4.94% stake in Hytera, Hainengchuangda will no longer hold any stake, and the company’s and other shareholders’ holdings in Hytera will remain unchanged. For details on Hainengchuangda’s shareholding, please refer to the company’s announcement titled “Announcement on Introducing an Employee Shareholding Platform to Increase Capital in Wholly-Owned Subsidiaries” (2021-005), published on January 12, 2021.