BEIJING, June 16 (Reuters) - China's Wuhan Tianyu
Information Industry said on Sunday the U.S.
including it on a sanctions list was a "unilateral" act that
could affect the data security company's foreign exchange
settlements.
The U.S. Treasury Department on Wednesday widened sanctions
aimed at curbing Russia's war production in response to Moscow's
invasion of Ukraine, targeting third-party entities, including
dozens of suppliers of electronics in China.
The reason and details of its inclusion on the U.S.
"Specially Designated Nationals" list have not been verified,
and the company will actively communicate with all parties as
soon as possible in the hope of obtaining a "fair and just"
solution, Tianyu said in a filing to the Shenzhen Stock
Exchange.
"The trade between (Tianyu) and its overseas customers are
normal business transactions, and the company has strictly
complied with the relevant laws, regulations and international
business practices," it said.
Tianyu has not set up any subsidiaries or branches in the
U.S., nor does it have any assets or conduct any businesses
there, the company said, adding it will take "effective"
measures to safeguard the interest of relevant parties.