Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Zhejiang Dahua Technology Co., Ltd. is a partly state-owned publicly traded company based in Binjiang District, Hangzhou, which manufactures video surveillance equipment. It was founded in 2001 by Fu Liquan. Dahua Technology has been listed on the Shenzhen Stock Exchange since its IPO in 2008.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
3
Assets(RF), mln.USD
9
Staff(RF), 2021
79
Taxes(RF), mln.USD
1
Glob.Revenue, mln.USD
4554

The Russian office of Dahua Technology has been operating since 2017.

The Company Statement
June 16, 2024

Initially promised to terminate all deliveries to Russia, everything that will not be sold by March 24 and will remain in Russian warehouses, Dahua will take it back. But the company continued to work on the Russian market. The main difficulties in the formation of a profitable pricing policy in 2022 were associated with the volatility of the ruble. "Dahua Russia" is the main distributor of products in the Russian Federation and works in the B2B segment. As a result, the main partners of Dahua Russia, distribution networks and flagship stores adopted a wait-and-see policy and suspended the purchase of goods. Included in the list of international war sponsors by NACP. Significantly reduced revenue in 2023 vs 2022.

June 07, 2023Dahua Technology - International sponsor of war | War and sanctions
May 27, 2023Trojan Horse: How Chinese-Made Cameras Put Ukraine at Risk
May 23, 2023Dahua Russia (Dahua Technology Rus)
February 09, 2023Australia to remove Chinese-made cameras from Ministry of Defense
November 25, 2022UK restricts Chinese cameras in government buildings over security fears
March 27, 2022Dahua Technology denies the release from the market of the Russian Federation
March 17, 2022Hikvision, Dahua, Uniview, Tiandy Stand By Russia Sales
April 29, 2021Where Dahua and Hikvision are prohibited
March 15, 2021US FCC: Dahua and Hikvision 'considered a threat' to national security
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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