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U.S. mandatory delisting will take effect from March 9. Three major operators: seek professional advice and reserve all rights

2024-05-24

January 29 News (Yan Yi) Today, China Mobile, China Unicom and China Telecom respectively issued announcements stating that they noticed that the U.S. Treasury Department's Office of Foreign Asset Control (OFAC) was in January 27, 2021 (Eastern Standard Time) the release date is January 26, 2021 (EST), general license No. 1A (general license No. 1A) related to the executive order, and guidelines related to two related frequently asked questions.

According to the executive order, the ban on the three major operators will be placed on the restricted list 60 days (I. E. March 9, 2021 (EST), not January 11, 2021 (EST)) commencement.

The three major operators stated that they would continue to pay close attention to the progress of related matters, seek professional opinions and reserve all rights to protect the legitimate rights and interests of the company.


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