YONGHONGAN TRADE LIMITED

Hong Kong; Hong Kong

Room 511, 5/F, Ming Sang Ind Bldg, 19-21 Hing Yip Street, Kwun Tong, Kowloon, Hong Kong, China; Unit 1, 2/F, Yau Tak Building, 167 Lockhart Road, Wan Chai, Hong Kong, China

3216131, Company Number; 74682749, Business Registration Number

Yonghongan Trade Limited (Yonghongan) has been used by multiple PKGB front companies after the February 2024 designations, including OFAC-designated Advantage Trading Company Limited (Advantage), to procure Western-origin aircraft components. Yonghongan has also been used by OFAC-designated PKGB front company Duling Technology Limited (Duling) to purchase millions of dollars of Western-origin UAV-applicable aircraft parts, falsely listing Yonghongan as the purchaser of parts including vane turbines, vane compressors, blade turbines, and blade compressors. Hong Kong Tianle International Co Limited (Tianle) was used by PKGB to facilitate price quotes and the procurement of U.S.-origin electronic components for Rastafann. Tianle was also used by Advantage to procure thousands of micro servos on behalf of PKGB, falsely listing Tianle as the buyer. Dingtai, Yonghongan, and Tianle are 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, PKGB.

US

Subject to Secondary Sanctions

https://home.treasury.gov/news/press-releases/sb0031

2025-02-26

US

Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 C.F.R. part 544

OFAC-horizontal

Non-Proliferation

Blocking Property

On April 13, 2009, OFAC issued the Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 CFR part 544 (74 FR 16771, April 13, 2009) (the “Regulations”), to implement Executive Order (E.O.) 13382 of June 28, 2005, “Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters” (70 FR 38567, July 1, 2005)

SDN