Shandong Oree Laser Technology Co.Ltd (Jinan Oree Laser Equipment Co., Ltd) is a high-tech enterprise integrating R&D, production and asales of laser application equipment.
Oree Laser was one of dozens of Chinese companies sanctioned by the US Treasury Department last month in an effort to limit "Russia's ability to benefit from access to foreign technology, equipment, software and IT services." The Ministry of Finance said that Oree Laser was sending metalworking and other related equipment to Russia, and sanctioned it in the category of "suppliers from the PRC for the Russian military-industrial base."