The Company Statement
October 20, 2023

The USA has imposed sanctions on three companies based in China, as reported by the US Department of Defense. Beijing Luo Luo Technology Development Co Ltd worked on the supply of nozzles and other equipment that could be used in the production of solid-fuel rocket engines. The companies were involved in activities or agreements that significantly contributed to the proliferation of weapons of mass destruction or the means of their delivery, including missiles capable of delivering such weapons.

October 21, 2023The US imposed sanctions against three companies from China for the proliferation of ballistic missiles
October 21, 2023The US has imposed sanctions against organizations that help distribute ballistic missiles
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