Last Updated: January 19, 2026

MEGACHIPS LIMITED

Nationality

Hong Kong; Hong Kong

Address

Room 13, 27/F, Ho King Commercial Centre, 2-16 Fa Yuen Street, Mongkok, Kowloon, Hong Kong, China; Room 1206, Yishang Creative Technology Building, No. 22 Jia'an South Road, Haibin Community, Xin'an Street, Bao'an District, Shenzhen, Guangdong, China; 2901B, Bank of Communications Building, Shennan Middle Road, Huaqiang North Street, Futian Distric...

Reg. ID

73148289, Business Registration Number; 3064111, Company Number

Official reason

Megachips Limited (Megachips) is a Hong Kong-registered company, likely operating as a front company for Sinno Electronics. Megachips has made hundreds of shipments to U.S.-designated Limited Liability Company Kvazar and is involved in processing payments for a second U.S.-designated Russian entity’s efforts to procure electronic components for adv...

Other Information

https://home.treasury.gov/news/press-releases/jy2700

Date of listing

2024-10-30

Program information

Authority

US

Program

Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation

Regime

OFAC country specific

Target State

Russia

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

https://ofac.treasury.gov/faqs/1127https://ofac.treasury.gov/faqs/1029

Official Information

In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transa...

Additional Details

SDN / NS-MBS / CAPTA

Program URL

1.https://www.federalregister.gov/documents/2021/04/19/2021-08098/blocking-property-with-respect-to-specified-harmful-foreign-activities-of-the-government-of-the 2.https://ofac.treasury.gov/media/932436/download?inline