On Thursday local time, the US Department of Commerce announced export restrictions on the following 28 entities and individuals joining the trade blacklist. Enterprises listed on the so-called Entity List must obtain authorization from the             United States government to obtain products and technologies from the United States.

        It is reported that these 28 entities and individuals in Chinese Mainland include BGI, the Fourth Paradigm, Inspur Group, Godson Technology, National Research Center for Parallel Computer Engineering Technology, Qingdao National Laboratory of Marine Science and Technology, Wuxi Institute of Advanced Technology, etc.

        According to the report, the reason why the United States Department of Commerce has listed these companies and individuals in the entity list is that some companies have acquired or attempted to acquire items originating in the United States to support China's military modernization. It also mentioned that some companies have provided support to the Russian military and supplies to sanctioned political parties in Iran.

        Inspur Group owns the X86 server business, Longxin Zhongke is a CPU design enterprise, and the fourth paradigm is an AI unicorn. BGI is mainly engaged in life science research, while Shengke Communication is an Ethernet switching chip design enterprise. Inspur Group, Longxin Zhongke, and BGI are listed companies. After the announcement of their inclusion in the physical list in the United States, the A-share prices of the three companies have all experienced significant fluctuations. Inspur Information opened with a lower limit, but closed with a closed limit still closed; Longxin Zhongke was up more than 10% at one time, closing up 6.32%; BGI Gene rose nearly 5% during the session and closed up 3.39%.

        In response, Inspur Group said that the company is further verifying and evaluating, and there is no further information to synchronize.

        The staff of Longxin Zhongke said that they cannot comment on the specific impact for the time being, and need to pay attention to the follow-up announcement.

        BGI Gene responded that the company has taken note of relevant news and is in the process of communication and verification. It will further analyze and evaluate the impact of the matter on the company, do a good job in various responses, and do its best to eliminate adverse effects. Please pay attention to the announcement or official website information for relevant progress.

        On March 3, 2023, at the regular press conference of the Ministry of Foreign Affairs, a reporter from AFP asked: "The US Department of Commerce has added new Chinese entities to the trade blacklist, including subsidiaries of BGI and Inspur Cloud Computing.". What is the comment of the Ministry of Foreign Affairs on this?

        Mao Ning's response: This is another example of the United States fabricating excuses and resorting to unscrupulous means to suppress Chinese enterprises. China is strongly dissatisfied and firmly opposed to this. We urge the US side to respect basic facts, abandon ideological bias, stop abusing various excuses to unjustifiably suppress Chinese enterprises, and provide fair, fair, and non discriminatory treatment. China will continue to firmly safeguard the legitimate rights and interests of domestic enterprises and support Chinese enterprises in safeguarding their own rights and interests in accordance with the law.

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