Integrity Tech Stands Firm Against Unfounded OFAC Sanctions
SDN List
Integrity Tech Group Co., Ltd. (stock code: 688244, abbreviated as "Integrity Tech") is a leading digital security company specializing in network ranges and cybersecurity talent development. Recognized as a national-level "little giant" enterprise, Integrity Tech has garnered significant acclaim for its research and development capabilities. The company's core technology in network ranges has received prestigious awards, including the Beijing Science and Technology Progress Award First Prize in 2020 and the National Science and Technology Progress Award Second Prize in 2024. Integrity Tech plays a crucial role in areas such as artificial intelligence, data elements, industrial control, and critical information infrastructure protection.
On January 6, 2025, Integrity Tech announced that it had been listed on the Specially Designated Nationals (SDN) list by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC). This action by OFAC is unilateral, and Integrity Tech strongly opposes it, asserting that the decision lacks factual basis.
Despite this, Integrity Tech has no subsidiaries, branches, or business operations in the United States. The company's operations and financial status remain normal, and its market development efforts continue to progress smoothly. The event is not expected to significantly impact the company's daily business operations.
Since its inception, Integrity Tech has adhered to the principles of lawful and compliant operations, strictly following the laws, regulations, and regulatory rules of the regions where its business is conducted. The company believes that "without cybersecurity, there is no national security" and is committed to its mission of "bringing a sense of security to the world," focusing on protecting the "digital health" of cyberspace and the digital era.
Integrity Tech will continue to monitor the progress of this event and maintain communication with all relevant parties to prepare for any developments. The company will also strictly comply with relevant rules and promptly fulfil its information disclosure obligations. The board of directors urges investors to invest rationally, be aware of the risks, and rely on information published in designated media.
The board of directors of Integrity Tech Group Co., Ltd. has expressed its commitment to actively address this situation and ensure the normal operation and development of the company.