Last Updated: January 19, 2026

POLAR BEAR ELECTRONICS CO., LIMITED

Nationality

Hong Kong; Hong Kong

Address

Unit 1406B 14/F, The Belgian Bank Bldg, Nos 721-725, Nathan Rd, KLN, Hong Kong, China

Reg. ID

3336606, Company Number; 75896458, Business Registration Number

Official reason

In addition to the above electronics suppliers, OFAC is also designating Polar Bear Electronics Co., Limited (Polar Bear), a Hong Kong-registered company that operates as a financial intermediary between Chips Resources and a U.S.-designated Russian entity. Polar Bear is being designated pursuant to E.O. 14024 for having materially assisted, sponso...

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