Goke Micro responds to being included in the US Entity List

The U.S. Department of Commerce website announced on November 24, 2021, local time, that the Bureau of Industry and Security of the U.S. Department of Commerce will add 27 entities, including 12 Chinese entities, to the "Entity List" for export control. Gokewei was included in it.

Today (25), Goke Micro released an announcement stating that according to the provisions of the U.S. Export Administration Regulations, companies listed on the "Entity List" must apply for export licenses from the U.S. Department of Commerce in advance when purchasing items controlled by the regulations. The company is actively responding to the risks that may arise from being included in the "Entity List". The company's sales of products and services to customers will not be directly affected by the company's inclusion in the "Entity List". At present, the company's various businesses are progressing steadily, and its operations and financial conditions are normal.

In addition, Gokewei pointed out that the company strictly abides by laws and regulations and domestic and foreign business practices, conducts business legally and in compliance with regulations, always cooperates with upstream and downstream companies in accordance with the principles of win-win cooperation and openness and transparency, and strictly abides by the laws and regulations of relevant countries and regions involved in production and business activities. The company will continue to pay attention to and follow up on the development of subsequent events, further analyze and evaluate the potential impact on the company, and continue to communicate with all relevant parties to do a good job in various response work. At the same time, the company will strictly abide by relevant rules and fulfill its information disclosure obligations in a timely manner.