A Hong Kong-based company owned by Ma Jie involved in a procurement network supporting Oje Parvaz Mado Nafar Company, an Iran-based producer of engines for Shahed-131 and Shahed-136 unmanned aerial vehicles (UAVs); Shahed-series drones are developed by Shahed Aviation Industries for the Islamic Revolutionary Guard Corps (IRGC) Aerospace Force.

Has been involved in facilitating millions of dollars' worth of transactions, according to the U.S. Department of the Treasury; received hundreds of thousands of dollars in payments from the following Turkey-based companies:

• Arkedya Gida Tekstil Dis Ticaret Sanayi Limited Sirketi
• Intro Oto Yedek Parca Ithalat Ihracat Ticaret ve Sanayi Limited Sirketi
• Own Ucar Gida Insaat Sanayi ve Ticaret Limited Sirketi
• Royal Yapi lnsaat Emlak Gida ve Tekstil Urunleri Turizm Sanayi Dis Ticaret Limited Sirketi

Sent more than USD $450,000 to Hong Kong-based company Yiren Zhuang Trading Co Limited in exchange for aluminum alloy castings and spark plug caps.

In July 2024, exported electrical machines and apparatus (HS Code 8543.70.90) and lasers other than laser diodes (HS Code 9013.20.00) to Iran via a Turkey-based company; HS Codes 8543.70.90 and 9013.20.00 are categories of goods that are controlled by the European Union for potentially containing goods or technology that could contribute to Iran's capacity to manufacture UAVs or missiles.

Shares an address in Hong Kong with Hin Yun Trading Company Limited.

Director and sole shareholder is Ma Jie.

Company number (Hong Kong) is 1742617; Hong Kong Business Registration Number (BRN) is 59781655.

Incorporated in Hong Kong on May 10, 2012; commenced dormancy on August 18, 2025.

Sanctions

Added on November 12, 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.