An electronics company based in China and Hong Kong; according to the U.S. Department of the Treasury, part of a sanctions evasion network that has facilitated the procurement of electronic components for Iran's military program, including those used in unmanned aerial vehicles (UAVs); has worked with Mehdi Khoshghadam to supply foreign manufactured electronic components to Pardazan System Namad Arman (PASNA) in Iran.

Products have included integrated circuits, microcontrollers, optocouplers, processors, regulators, and transistors; facilities include an electromagnetic capability (EMC) chamber, quick turn printed circuit board (PCB) production, and computer aided design (CAD) test equipment; distributes semiconductors, radio frequency (RF) and wireless fuses, frequency controllers, and power management systems.

Has claimed to sell products manufactured by companies headquartered in Germany, Japan, the Netherlands, Taiwan, the United Kingdom, and the United States; produced analog chips exported by a Russia-based company to Bulgaria in 2016; has reportedly shipped goods to Pakistan.

Has been affiliated with the Japan-based company AC Export Co. Ltd. and the Taiwan-based company Maga Taiwan Technology Company Limited.

Has shared an address and company secretary (HC Business Limited) in Hong Kong with HSJ Electronics, Sinno Electronics Co., Ltd., and Winninc Electronics Co., Limited, all three of which appear on the U.S. Department of Commerce's Entity List.

Established in 2008; became a dormant company in 2023.

Sanctions

Added on April 19, 2023, 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; also subject to the Iranian Financial Sanctions Regulations; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.