Hangzhou Fuyang Koto Machinery Co., Ltd (Koto Machinery), a China-based company, used its business infrastructure to facilitate the sale and shipment of aerospace components, including light aircraft engines applicable for Iran’s Shahed series UAVs, to HESA in Iran. To obscure its activity, Koto Machinery used Hong Kong-based front company, Raven International Trade Limited (Raven), to facilitate transactions worth millions of dollars for aerospace components.
HESA is an Iranian aircraft production company. Established in 1976, it belongs to the Iran Aviation Industries Organization (IAIO) and is located at Shahin Shahr, Isfahan. Owned or controlled by MODAFL (Ministry of Defense Armed Forces Logistics). According to the U.S. Treasury Department, has provided support to the Iranian Revolutionary Guard Corps (IRGC);
Also Known As:
Hangzhou Fuyang Koto Machinery Co., Ltd
HANGZHOU FUYANG KOTO MACHINERY
HANGZHOU FUYANG KOTO MACHINERY CO.
KOTO MACHINERY CO., LTD
KOTO MACHINRY CO., LTD
No. 19 Jingping Road Fuchun Street, Fuyang Hangzhou, Zhejiang, China
No.3 hengliangting, Fuyang City, Zhejiang Province, China
Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on March 9, 2023 pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological or other support for, or goods or services in support of, HESA;