Ukraine Declares Hikvision and Dahua "Sponsors of War"

Declared *** ********

** **** *, ****, *** ********* Government's******** ****** *** *** ********** ** Corruption(****)********* ********** ********* *** ***** ***** **** ** ************* ******** ** War:

*** ******** ****** *** *** ********** of ********** (****)has ******** *** ******* ************* *** ********* ** ***** ************ ********* ** *** **** ** ************* *** ********. This decision was made due to the fact that both companies are actively working in the Russian Federation, contributing ** *** ******* ******, and supplying ****-******* ********* that can be used for ******** ********. [emphasis added]

*** **** *** ***** *********, ********* ****-***** ******** ******* & *****************. ********* ********* *** *****, ***** are *** * *** ***** *********; the ***** * *** ********** ***********, ***** **********, ************ ********, ******** **** *****.

"No ***** ************", "********" ** ***** ******

****** **** *********, *** *********** ** "reputational ****" *** *** "** ***** consequences", *** ********* ********** ********** ** ***:

*** **** ** ****** *** ******* companies ** ******** **** ** **** doing ******** ** ******,******* ******* ********:

*** **** *** **** ** *** NACPis ************ ********. It is important that such companies have reputationally disadvantageous cooperation with the aggressor, they ****** ***** ******** ** ****** and realized the position of the entire democratic world. [emphasis added]

****** ************ ***** ** ** ********* ******* ******** **** **** **** ceased ********** ********** ** ******.

Drones, *******, ****-***** ****, ******* *******

******* ************* *** ***** *** ****** ********* Russia **** ******, ******* *******, ******* that *** ** ****** ** ******, anti-drone ****, *** ***** (***********) ******** that *** **** ****** "******** *** war ******* *******":

****** ** *** **** ** **** these ********* ** *** ****** ** the ********* *****, ***Russian ********** *** ****** ********* ******, ******* *******, ************ ******* **** *** ** **** ** ****, ****-***** **** *** ***** ***** ** ******** *** *** ******* *******. This proves the direct financing of the war by the Chinese companies Hikvision and Dahua Technology. [emphasis added]

******, *** ******** **** ** ***** Russia & *** (************ ** *********** States, ***** ******** ******)****** ****** ** *** *******:

***** * ***** ****** ******************* *** ******:

********* ****** ************* ******* *******(******** ** ******* ********* ********** / ******** *********:)

********* *********** ** ****-***** ***,******** ** ** ****** "********" *** discontinued".

Hikvision/Dahua ****** ****** *************

** ****, ********* ****** **** $*.** million *** ** ********* ****** ***** to *** ******* **********, *********** *******. (********* ****** **** ****** $*** USD ** *** *******, ** *** since *** ***** ** *** ***).

***** ****** *** ************ ** **** so ** *** *** *** ********* income *****,*** ******** *******.*******, ********** ** *** *************, ***** Russia **** ***** ******** *** ******* VAT ** ********, ***** ******* ** revenues ** *** ******* *****.

IPVM ***** ** ******** *******

*******'********* ******* ***************** ***** **** ******** ** *******:

• ** ********** ******* *********, ****** ***** Rights ******
• *********, *****, *******, ****** ***** ** Russia *****
• ** ***: ***** *** ********* "****** A ******" ** ******** ********

*********,*****'* ******** ************ ****'* ********* ***** ****** ******** ******** ****** ************** *****'* ********** ***** ** ****** *****, ********'* **** ** ***** ********* *** Dahua *** ******.

Hikvision ****** *******, ***** "******* ****** *** *****"

******* **** **************'*****-******* ****** ********, ****** ******** *** **%, ******* are ** *,***%, *** ***** ********:

********* ***** ** *** ******* ********** through ** ******** ************** ****** - Hikvision ***. *** ******* ** *** official ********* ************** ****** ** ***Russian ********** ********* ** **% with the start of a full-scale war in 2022. Net ****** ********* ** ****%. The company's ***** *** *******. [emphasis added]

******, *********'* **** ******* **** **% to **** $**** ***** ******* ****** to ~$***:

*********,******* **** *****"********* ** **** ****** *** ***** to ****** ******* ********* ** ******", citing ****** ****** ***** **** ***** ************ ***** ****** ***** ** ***** Russia *** ******* ** "****** *** commercial **********" ** ******.

Impact: ** **** *** ****** ******

** *** **** **** *** ********* and *****, ***** ********* *** ******** and **** ** *********** ******.

*******, **** ***** ********* *** *****'* image/PR ******* ** ******, ***** *** sales **************** ******* *** ******* ******** ******.

**** ** ********** **** ** ******* Europe ***** *** ***** **** * substantial ********, *.*. *********, ******** ******* ****, *** ***** **** *"********* ******** *****" ***** * ********* sponsorship ****. ********* *** ***** **** no ********-***** ****** ******* ** ******* like **** ** *** ******, ***************** ***** ********** ******* ************(********* ***).

***** **** ********** ********* **** *** ****** ********* **** *********, **** ***** ****** growth ******* ** *** ******.

Hikvision, ***** ** ********

**** ******* *** ** **** ***** about ***** ******** ** *** ******* on **** *** *** ** ***, neither *** *********. ** **** **, we **** ******.