BEIJING (Reuters) – Chinese language video surveillance tools maker Zhejiang Dahua Expertise mentioned it and its subsidiaries had agreed to terminate or abandon 5 initiatives it had signed with native governments in China’s Xinjiang area, based on a inventory market doc printed Monday.
Among the initiatives, awarded between 2016 and 2017, have been terminated early, whereas others have been nonetheless in operation, Dahua mentioned in a submitting with the Shenzhen Inventory Trade.
The corporate will stop working the initiatives and proceed with asset divestment and debt decision works, it mentioned. Dahua didn’t give a cause for its withdrawal.
Dahua’s assertion comes after one other Chinese language surveillance digicam maker, Hikvision, mentioned earlier this month it had terminated contracts with 5 native governments in Xinjiang. He additionally didn’t specify on the time why he was stepping down.
The USA added Dahua and 7 different expertise corporations to its commerce blacklist in 2019 for allegedly being “concerned” in “high-tech repression and surveillance” towards Uyghurs and different members of Xinjiang’s Muslim minorities. .
Dahua had mentioned the US resolution lacked “any factual foundation”. The Chinese language authorities has repeatedly rejected allegations of human rights abuses in Xinjiang and has criticized or focused corporations for eradicating these working within the area from their provide chains.
(Reporting by Beijing Newsroom; enhancing by Tomasz Janowski)
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