Suzhou Zhongsheng Magnetic

ifmat - Suzhou Zhongsheng Magnetic

Contracted to sell metallic products to Sabz Co. for shipment from China to Iran

Country:

China  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Suzhou Zhongsheng Magnetic Industry Co., Ltd. is a professional production and sales of various kinds of magnetic materials of high-tech enterprises. The company is headquartered in Ningbo Cixi Economic Development Zone, covers an area of 50 thousand square meters;

China-based Suzhou Zhongsheng Magnetic Company Limited and Suzhou A-One Special Alloy CO., Ltd contracted to sell metallic products to Sabz Co. for shipment from China to Iran. Both Suzhou Magnetic and Suzhou A-One worked with Sabz Co. representative Najafi. Suzhou A-One sold aluminum products to Sabz Co. that are associated with Iranian centrifuges that are manufactured by TESA;

Mehdi Najafi is a representative of Sabz Co. who has worked with Chinese suppliers to procure various metallic products for TESA;

Iran-based Sabz Co. held a contract with TESA for alloy parts that was worth tens of thousands of dollars. It entered agreements with Chinese companies to purchase metal materials for end-use by TESA. Sabz Co. contracted with a Chinese company to purchase metal materials that match a part used in Iranian gas centrifuges machines;

TESA plays a crucial role in Iran’s uranium enrichment nuclear program through the production of centrifuges used in facilities belonging to the Atomic Energy Organization of Iran (AEOI);

Also Known As:
Suzhou Zhongsheng Magnetic Company Limited
Suzhou Zhongsheng Magnetic Industry Co., Ltd

Country:
China

Address:
Room 17002, Zhongxiang Mansion, No. 666, Xiangcheng Blvd., Yuanhe Town, Xiangcheng District, Suzhou, Jiangsu 215133, China;
Zhong Xiang building, No. 666, Xiangcheng Avenue, Suzhou, Xiangcheng District 17002, China

Phone:
0512-66838359 66186562

Website:
www.zhongsheng-magnet.com

E-mail:
v800618@126.com
info@zhongsheng-magnet.com

USCCC:
91320507582255256P (China)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on July 18, 2019 pursuant to Executive Order 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of TESA;