Last Updated: January 19, 2026
DDC DEVELOP INDUSTRY HONG KONG LIMITED
Nationality
Hong Kong; Hong Kong
Address
Rm 4, 16/F, Ho King Comm. Ctr., 2-16 Fa Yuen St., Mongkok, Kowloon, Hong Kong, China
Reg. ID
2879836, Company Number; 71234020, Business Registration Number
Official reason
PKGB subsidiary NSMI has received shipments of UAV-applicable equipment from Hong Kong and PRC-based companies. NSMI was the consignee for engine shipments from Hong Kong-based DDC Develop Industry Hong Kong Limited (DDC Develop). PRC-based Shenzhen Zhiyu International Trade Co Ltd (Shenzhen Zhiyu) exported production and testing equipment to NSMI....
Other Information
https://home.treasury.gov/news/press-releases/sb0031
Date of listing
2025-02-26
Program information
Authority
US
Program
Iranian Financial Sanctions Regulations, 31 CFR part 561
Regime
OFAC country specific
Target State
Iran
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1551
Official Information
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.
Additional Details
SDN
Program URL
https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-561