Suzhou Zhongsheng Magnetic Industry Co., Ltd

Also Known As: 

Suzhou Zhongsheng Magnetic Company Limited
Suzhou Zhongsheng Magnetic Co., Ltd.

Weapon Program: 

  • Nuclear

Address: 

Room 17002, Zhongxiang Mansion, No. 666, Xiangcheng Blvd., Yuanhe Town, Xiangcheng District, Suzhou, Jiangsu 215133, China

Phone: 

0512-66838359

Fax: 

0512-66186561

E-Mail: 

v800618@126.com

Supplier Web Site: 

http://www.zhongsheng-magnet.com/

Sold tens of thousands of dollars worth of metals to Iran Centrifuge Technology Company (TESA), which produces centrifuges for Iran's uranium enrichment program.

Coordinated with Iran-based Tamin Kalaye Sabz Aras Company, which held a contract with TESA for alloy parts; Tamin Kalaye Sabz managing director Salim Borji led an Iranian delegation to China and worked with Chinese suppliers; Tamin Kalaye Sabz representative Mehdi Najafi also worked with Chinese suppliers; contracted by Tamin Kalaye Sabz for the supply of metallic products, including aluminum, which match a part used in Iranian gas centrifuges.

Sells magnets, magnetic products, magnetic components and accessories, hardware and tools, iron parts, and electrical products; products include neodymium iron boron (NdFeB), ferrite, samarium–cobalt (SmCo), and alnico magnets; equipment includes a neodymium iron boron magnetizer and electroplated diamond grinding wheel.

Products are used in telecommunications equipment, audio equipment, micro motors, precision parts, instrumentation equipment, medical equipment, computers, and electronics; operates testing facilities.

Established in 2011.

Sanctions

Added on July 18, 2019, 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 and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions; also subject to the Iranian Financial Sanctions Regulations; foreign financial institutions facilitating transactions for the entity may be prohibited from opening or maintaining correspondent or payable-through accounts in the United States.

Date Entered: 

August 19, 2019

Date Last Modified: 

August 19, 2019