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Xiaomi: U.S. Court removes the determination of Chinese military company

Use wechat scan QR code < / P > < p > to share with friends and circle of friends < / P > < p > <-- According to the Financial Association on May 26, Xiaomi group's_ blank" href=" https://news.163.com/news/search?keyword=%E6%B8%AF%E4%BA%A4%E6%89%80 "> HKEx < / a > announced that at 4:09 p.m. EDT on May 25, 2021, < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%BE%8E%E5%9B%BD "> US < / a > District of Columbia < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E5%9C%B0%E6%96%B9%E6%B3%95%E9%99%A2 "> the district court < / a > issued a final judgment, lifting the U.S. Department of Defense's determination of the company's" Chinese military company ", and formally lifting all restrictions on U.S. investors' purchase or holding of the company's securities < p > earlier this year, the US Department of defense, led by former president Donald Trump, issued an order to put Xiaomi on the list of investment bans. That means the U.S. will limit its investment in the handset maker, push it to delist from the U.S. stock exchange and remove it from the global benchmark index < p > since then, Xiaomi sued < span style = "box sizing: inherit; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> US government < / span >. Finally, the U.S. Department of Defense said in its court documents that it was "appropriate" to remove the ban from Xiaomi. < p > < p > the U.S. Department of defense documents showed that "both sides have reached an agreement on resolving the lawsuit, the parties concerned are negotiating on specific terms, and will jointly submit a settlement proposal before May 20." < p > in addition to smart phones, Xiaomi also produces robotic vacuum cleaners, electric bicycles and wearable devices, which has always been the target of the trump government < p > in March this year, the U.S. Court ruled in favor of Xiaomi in the lawsuit, suspended the ban, and then promoted the settlement agreement. U.S. District Judge Rudolph Contreras said at the time that as the lawsuit unfolded, Xiaomi was likely to win the full lifting of the ban, and issued a preliminary ban to prevent the company from "irreparable harm."


2023-03-22 10:04:34

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