Last Updated: January 19, 2026
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
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/1127 • https://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