On September 23, Caixin Financial News (journalists Fu Jing and Xu Xuecheng) reported that due to the large explosion of pagers in Lebanon and the escalating rumors of Middle Eastern communication electronic orders being transferred to mainland China, leading specialized network communication company Hytera Communications Corporation (002583.SZ) has attracted market attention with a three consecutive board.

However, an individual from the securities department of Hytera Communications Corporation responded to Caixin Financial News reporters this evening, saying, "The specific order information is changing in real time, and we do not have this information here. Please rely on the company's official disclosure."

Hytera Communications Corporation issued an announcement of abnormal stock trading fluctuations this evening: after self-examination, the company found no violation of fair disclosure of information.

Regarding the recent investors' heightened attention to the expansion of business in the Middle East, Hytera Communications Corporation reiterated: in recent years, the company has continuously strengthened its business layout in emerging market countries in the Middle East, South Asia, Latin America, Africa, and the Belt and Road regions. In the first half of the year, faced with business opportunities in the Middle East, the company further expanded the market layout in that region and intensified the promotion of overseas brands to facilitate business expansion in the Middle East. The company also reminds investors that there is uncertainty in the progress of expanding into new markets, and the impact on performance is yet to be observed.

Recently, several listed communication electronic companies and electronic component distributors have informed Caixin Financial News reporters that they have not perceived a significant impact from orders coming from the Middle East.

Caixin Financial News reporters noted that recent circulating messages on the web state: 'Business representatives from ten Middle Eastern countries collectively went to Shenzhen to place orders for related electronic products, with the total catalog amount exceeding $670 billion, with immediate payment and delivery.' However, the authenticity of this rumor is still to be confirmed, and it is not clear whether they are purchasing specialized network communication products.

"There's probably some exaggeration." A person in charge from a listed communication module company told Caixin Financial News reporters, indicating that the above information may involve speculative risks.

"In recent days, I have seen this type of information in various groups, but have not come into contact with these orders or customers," a electronic component distributor told Caixin reporter.

In addition, when Caixin reporter inquired with shenzhen rapoo technology (002577.SZ), which mainly deals in computer peripherals, it was learned that the company has previously sold a small number of headphones through a Dubai agent to the Middle East. However, there are currently no reports of any unusual orders.

The person in charge of a listed company in Dongguan that specializes in audio products told Caixin reporter that they have only heard rumors at the moment and cannot verify anything.

"However, recently there has been a large flow of people in Huaqiangbei, with many people from Hong Kong. But there are more people just strolling around than shopping," a person from Huaqiangbei told Caixin reporter. At the same time, they mentioned, "Many stores have closed down, and now it seems like fewer people are coming to Huaqiangbei to make purchases. Many customers are directly buying from online platforms."

However, a supply chain professional in the electronic component industry with years of experience revealed to Caixin reporter that there has been an increase in inquiries for domestic electronic components recently. There is also feedback that orders from Israel and the Philippines are increasing, although no feedback on prices has been received yet. Price changes are expected to be observed for another 1-2 weeks.

Several industry insiders believe that products such as headphones, pagers, and walkie-talkies have relatively low value. If there is an increase in demand from the Middle East, some small manufacturers may directly feel the changes in orders. "A-share listed companies may not even produce pagers anymore, this product is too outdated," an analyst told Caixin reporter.

(Reporter Wang Biwei also contributed to this article)