The US Department of Defense on Thursday (4th) announced a number of "Communist Chinese Military Companies" operating directly or indirectly in the United States, including semiconductor companies such as Xiaomi, China Wei and Gaoyun, and Daxinhua, a subsidiary of Hainan AirlinesNine companies including aviation and China Air Group.This means that US investors must be separated from the bonds of these companies before November 11 this year.
According to Voice of the United States, the US Department of Defense said in a statement that it made this announcement in accordance with the statutory requirements of Article 1237 of the 1999 Fiscal Defense Authorization Act.
These companies are:
- Sino-micro Semiconductor Equipment (Shanghai) Co., Ltd. (Advanced Micro-Fabrication Equipment Inc.
- LUOKONG Technology Corporation
- Xiaomi Corporation
- Beijing Zhongguancun Development Investment Center
- Gowin Semiconductor Corp
- Grand China Air Co., LTD.
- Global Tone Communication Technology Co., LTD.)
- China National Aviation Holding Co. LTD.
- China Commercial Aircraft Co., Ltd.
Statement said that the Ministry of National Defense "determined to highlight and fight against the military -civilian integration development strategy of the People's Republic of China.And professional knowledge to support its modern goal. "
The Pentagon announced the original list of the CCP military companies in June 2020, including 20 Chinese companies.In addition to Huawei and Hikvision, China Mobile, China Telecom, China Aviation Industry Group, China Railway Construction Group, China Shipbuilding Heavy Industry Group, Panda Electronics Group and other well -known companies are on the list.Since then, the Ministry of National Defense has continuously updated this list.
U.S. President Trump issued an administrative order last November to prohibit Americans from investing in companies being considered or owned by the Chinese military.On Wednesday, he revised the administrative order.According to the revised administrative orders, by November 11, 2021, American investors will be demanded that they are completely diveted to securities securities owned or controlled by the Chinese military.The administrative order issued in November only restricts American investors that must not purchase securities of these companies after the ban takes effect.
While the Trump administration strengthened its investment restrictions on these military companies listed as the CCP, it was reported that it was reported that the Chinese technology industry giants Alibaba, Tencent, and Baidu were included in the blacklist.The U.S. Department of Commerce also has a blacklist and military end user list.
