Pentagon Adds Tencent, CATL, Changxin Memory Technologies, Quectel Wireless, and Autel to List of Chinese Military Companies

Jan 6, 2025, 04:57 PM

The U.S. Department of Defense has added several Chinese companies to its list of entities allegedly aiding the Chinese military. Notable additions include Tencent, CATL, Autel, Changxin Memory Technologies, and Quectel Wireless. While the annual DoD '1260h' list does not impose immediate regulatory impacts, it serves as a signal of concern from the U.S. government regarding these firms. Following the designation, shares of Tencent experienced a decline in U.S. trading. The inclusion of these companies reflects ongoing tensions between the U.S. and China, particularly in the technology and defense sectors.