Yonghongan Trade Limited

Also Known As: 

永宏安貿易有限公司

Weapon Program: 

  • Military

Related Country: 

  • China
  • Hong Kong

Address: 

Room 511, 5/F, Ming Sang Ind Bldg, 19-21 Hing Yip Street, Kwun Tong, Kowloon, Hong Kong
Unit 1, 2/F, Yau Tak Building, 167 Lockhart Road, Wan Chai, Hong Kong

A Hong Kong-based front 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:

According to the U.S. Department of the Treasury, has been used by multiple PKGB front companies, including Hong Kong-based Advantage Trading Co., Limited and Duling Technology HK Limited, to procure Western-origin aircraft components; falsely listed by Duling Technology HK Limited as the purchaser of millions of dollars worth of Western-origin aircraft parts with UAV applications, including vane turbines, vane compressors, blade turbines, and blade compressors.

Hong Kong company registration number is 3216131; Hong Kong business registration number is 74682749.

Established in 2022.

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.

Date Entered: 

April 24, 2025

Date Last Modified: 

April 24, 2025