Also Known As:
Sheen Rich Chemicals Limited
Polytech International Investment Enterprise Limited
嘉平世東國際集團有限公司
盛益化工有限公司
百利達國際投資企業有限公司
Weapon Program:
- Military
Related Country:
- Brazil
- China
- Hong Kong
- Sri Lanka
Address:
Rm 912 9/F, Hunghom Coml Ctr Blk B, Hunghom, Hong Kong
A Hong-Kong based trading company; according to the U.S. Department of the Treasury, part of a procurement network operated by Iran-based Pishtazan Kavosh Gostar Boshra (PKGB) and its subsidiary, Narin Sepehr Mobin Isatis (NSMI), involved in acquiring components for unmanned aerial vehicles (UAV); PKGB and NSMI are key suppliers to Iran's ballistic missile and UAV programs.
Other companies in the network include:
- Advantage Trading Co., Limited
- DDC Develop Industry Hong Kong Limited
- Dingtai Industrial Technology Co Limited
- Duling Technology HK Limited
- FY International Trading Co., Limited
- Hong Kong Tianle International Co Limited
- Shenzhen Zhiyu International Trade Co Ltd
- Yonghongan Trade Limited
According to the U.S. Department of the Treasury, involved in the shipment of UAV-applicable equipment to NSMI.
From 2018 to 2023, exports included machine tool parts, roller bearings, stainless steel coils and fittings, vulcanized rubber, fixed carbon and variable resistors, regulating or controlling instruments, batteries, machinery parts, engine filters, and railway parts; export markets have included Brazil and Sri Lanka.
Hong Kong company registration number is 0821175; Hong Kong business registration number is 33802039.
Established in 2002.
Sanctions
Added on February 26, 2025, to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; also subject to the Iranian Financial Sanctions Regulations, which restricts the use of the U.S. financial system for transactions involving Iranian entities.
Foreign parties facilitating transactions for the entity or otherwise assisting the entity may be subject to U.S. sanctions; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States; subject to heightened U.S. export license requirements (with a presumption of denial) due to involvement in activities related to WMD proliferation.