China

4F, Building 1, Phase II Workshop, Fu'an Industrial City, Dayang Development Zone, Fuyong Sub-District, Baoan District, Shenzhen, 518100, Guangdong, China; No. 90, Dayang Road, Fuyong Town, Baoan District, Shenzhen, 518100, Guangdong, China

914403006748114670, Unified Social Credit Code (USCC)

PRC-based Shenzhen Rion Technology Co., Ltd. (Shenzhen Rion) is a technology company that has provided, or attempted to provide, items in support of MODAFL front company Beijing SNTD. Shenzhen Rion specializes in inertial navigation and GPS-integrated navigation systems and promotes its products, including items with UAV applications, for purchase in Iran. In December 2021, the U.S. Department of Commerce added Shenzhen Rion to the Bureau of Industry and Security (BIS) Entity List for its involvement in a network used to supply or attempt to supply Iran with U.S.-origin items that would ultimately provide material support to Iran’s defense industries, in violation of U.S. export controls. Shenzhen Rion is being designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological or other support for, or goods or services in support of, MODAFL.

https://home.treasury.gov/news/press-releases/jy2510

2024-07-30

US

Iranian Financial Sanctions Regulations, 31 CFR part 561

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

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