On January 6, the US Department of Defense announced that China ‘s large -scale network service companies Tencent Holdings and the world’ s leading car battery companies Ningde Times New Energy Technology (CATL) were included in the list of “Chinese military enterprises” related to the Chinese military. The list was announced on the government bulletin on January 7.
Tencent spokesman said that the company was included in the list “obviously a mistake” and emphasized that “we are not a military company or related suppliers.” Ningde Times also responded that this was a mistake, and the company did not participate in any military -related activities. Both companies have stated that they will cooperate with the US Department of Defense to solve any misunderstandings. Affected by this, Tencent’s stock price plummeted by 8%, and the bidding of Ningde Times fell more than 5%.
This is part of the US government reporting to Congress’s list of Chinese military -related companies in accordance with the law, and it is designed to urge American companies to avoid transaction with Chinese companies on the list. Earlier, many Chinese companies such as Huawei have been included in the list. The US government has been vigilant about China’s “military -civilian integration” strategy, and believes that it is necessary to identify companies that integrate with the military sector and restrict their transactions with American companies.
Although the transactions of Chinese companies listed on the list will not be severely punished, if the list continues to be traded after the list is announced, it may be regarded as an act of harming national security in the United States and faces reputation. In the context of tension between China and the United States, more American companies are expected to avoid transactions with Tencent and Ningde Times.
For Tencent, this list may have an impact on its further development in the field of artificial intelligence. In terms of AI development, Tencent relies on cooperation with Nvidia, a large US semiconductor company, to obtain key technologies such as special chips. As the world’s largest electric vehicle battery manufacturer, Ningde Times has extensive cooperation with American auto companies such as Tesla and Ford, and US measures may have a significant impact on these companies’ strategy.
It is worth noting that this list of the US Department of Defense is not completely rigorous, and many companies in history have been removed shortly after being included in the list. For example, Sino -Micro Corporation, IDG Capital and other companies have been included in the 1260H list, but they are eventually removed.
According to the “2021 National Defense Authorization Act”, the US Minister of Defense needs to identify Chinese military companies operating directly or indirectly in the United States, and submit a list to Congress. Although the list has no direct legal impact on related companies, it may damage its reputation. The United States regards China as the main competitors, and has continuously launched measures for its technology companies for many years to cope with national security and technology that it may be used by Beijing for military concerns.