Premier Wen Visits HYT
SHENZHEN, China, July 24 /Xinhua-PRNewswire/ -- Shenzhen HYT Science & Technology Co., Ltd. ("HYT"), one of the most advanced manufactures of trunking system communications and two-way radios in the world, greeted Chinese Premier Wen Jiabao on July 20, 2008 at 9:30 a.m., while he was visiting one of HYT's innovative high-tech enterprises.
"There is always No. 1 in certain fields," Chinese Premier Wen Jiabao said to HYT staff. "The key point of these is R&D ability. You people should fight for No. 1, not even 2nd place."
The encouragement of Premier Wen is also the goal that HYT people consistently strive for. Shenzhen HYT Science & Technology Co., Ltd. has already been the leader and pioneer in the field of self-innovation and high-tech developing enterprises in Shenzhen. And HYT has made these achievements with the hyper-growth speed of Shenzhen, which is also highly appreciated and praised by Premier Wen.
Dealing with a variable international economic environment through self-innovation and R&D ability
HYT has maintained a stable growth momentum despite the fluctuating environment of the domestic and foreign economy. This is due to the ability of self-innovation and market exploration; qualities extolled upon by Premier Wen.
HYT released its latest competitive products with optimized products structures to enlarge international market occupancy. Also, it reduced expenses by increasing the sales volume. Meanwhile, customized products are becoming more and more practical and humanized, which is winning acclaim from competitors and customers alike. Furthermore, HYT has already become the first digital wireless technology owner.
HYT has kept strengthening its R&D ability and self-innovation. HYT has been awarded more than 100 patents for inventions and a number of honorary certificates, among which the digital encryption technology, digital base-band technology and trunking mobile communication system also received the National Science and Technology Progress Award, provincial and ministerial level scientific and technological progress awards, and the Outstanding New Product certificate. All products of HYT have proprietary intellectual property rights and high added value. Many HYT products have FCC certificates, CE certificates, were awarded and have obtained many other certificates in Russia, Canada, South Africa, and more than 70 countries.
HYT maintains stable growth in this fluctuating economic environment because of its R&D strength and its R&D group. Over the first half of 2008, sales volume has already risen 63% and the sales accomplishment ratio reached 96% compared to the same period of last year.
Creating a strong international brand
After only 15 years, HYT has climbed the ranks into the top five globally and No. 1 in China. Nowadays, HYT's products have occupy 60% in the professional two-way radio market, 30% in the civilian two-way radio market in China, which completely breaks the monopoly of foreign brands in this industry that existed 8 years ago. HYT has set up branches in the United States and Britain and built seven overseas offices. Products have been sold to over 80 countries and districts since 2003.
HYT won the appreciation of the market and customers in overseas markets by supplying customized and cost-effective products. The rate of overseas sales has grown to 65% and overseas sales revenue has been close to domestic revenue over the first half of 2008.
HYT's international brand has been vigorously upgraded. HYT's products and equipment were provided for communication in the Germany World Cup and for the Beijing Olympic torch relay security guards. HYT's brand effect is constantly being expanded and deepened into various countries and districts.
HYT provides customers more cost-effective products by means of the technological innovation and strong brand effect. HYT has made gratifying achievements and profits over the first half of 2008 and will strengthen the upgrading ability of its digital products in 2009.
About HYT
Shenzhen HYT Science & Technology Co., Ltd. is one of the most advanced manufactures of trunking system communications and two-way radios all over the world. Furthermore, it is among the top four leading providers of professional wireless communication solutions in China. HYT has been dedicated to developing, manufacturing and selling two-way radios and wireless trunking systems. With the advantages of technical ability, R&D capability and standardization, HYT makes partners' long-term benefits and potential value increase.
For more information, please contact:
Evy Fang
Tel: +86-755-2697-2999 x1207
Email: media@hyt.com.cn
Free Hotline: +1-800-830-7020
Web Site: http://www.hyt.com.cn
SOURCE Shenzhen HYT Science & Technology Co., Ltd.
International News / Press Release source: PR Newswire
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