Search results
Results from the WOW.Com Content Network
The annually updated list of Chinese military companies, formally mandated under U.S. law as the "Section 1260H list," designated 134 companies, according to a notice posted to the Federal Register.
The U.S. Defense Department updates its list of “Chinese Military Companies,” or CMC list, annually. Chinese tech companies Tencent, CATL and others protest US listings as army-linked ...
Both CATL and Tencent have denied working with the Chinese military, known as the People’s Liberation Army. CATL, the largest electric vehicle battery maker in the world, said in a statement ...
In August 2024, American legislators Marco Rubio and John Moolenaar asked Defense Secretary Lloyd Austin to add CATL to a list of companies prohibited from receiving U.S. military contracts. [42] As of September 2024, CATL is the top recipient of Chinese corporate subsidies, a position it has maintained since 2023. [43] [44]
Huang Shilin co-founded ATL along with Zeng Yuqun in 1999, and would later become the vice chairman and Zeng's second in command at CATL. [14] CATL was formed in 2011 as a spin-off of ATL's EV battery division. [15] In 2021, Ampace was founded as a joint venture between ATL and CATL. The company is headquartered in Xiamen.
The Entity List is a trade restriction list published by the United States Department of Commerce's Bureau of Industry and Security (BIS), consisting of certain foreign persons, entities, or governments. [1] It is published as Supplement 4 of Part 744 of the Code of Federal Regulations. [2]
(Reuters) -Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump ...
CMOC's three largest shareholders are the Cathay Fortune Group, Chinese battery manufacturer CATL, and HKSCC Nominees Limited, which own a combined 66.03% stake in the company. [ 33 ] [ 34 ] The Luoyang Municipal People's Government also maintains an ownership stake in the company.