Hongkong Himark

Hong Kong-based Hongkong Himark Electron Model Limited (Hongkong Himark) has fulfilled several servomotor orders worth more than $1 million for PESC in Iran, with PRC-based Hongkong Himark official Fan Yang

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Hong Kong-based Hongkong Himark Electron Model Limited (Hongkong Himark) has fulfilled several servomotor orders worth more than $1 million for PESC in Iran, with PRC-based Hongkong Himark official Fan Yang (Fan) representing Hongkong Himark in these sales. Fan sold several thousand servomotors to PESC in Iran and undertook measures, such as falsifying invoices, to obfuscate the Iranian end-user of the shipments. Fan and Hongkong Himark have also supplied servomotors worth more than a hundred thousand dollars to the Houthis in Yemen.

Iran-based Pishgam Electronic Safeh Company (PESC) has procured thousands of servomotors with one-way attack UAV applications, worth hundreds of thousands of dollars, for Iran’s IRGC ASF SSJO.

Iran-based Hamid Reza Janghorbani (Janghorbani) serves as the Chief Executive Officer of PESC.

This network has facilitated shipments and financial transactions in support of the Islamic Revolutionary Guard Corps Aerospace Force Self Sufficiency Jihad Organization’s (IRGC ASF SSJO) procurement of servomotors, a critical component used in Iran’s Shahed-series UAVs. Iran has been supplying Russia with Shahed-136 UAVs to support Russia’s illegal invasion of Ukraine. One of the servomotors procured by the network designated today was recovered in the remnants of a Russia-operated Shahed-136 that was recently shot down in Ukraine.

“Iranian-made UAVs continue to be a key tool for Russia in its attacks in Ukraine, including those that terrorize Ukrainian citizens and attack its critical infrastructure,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “The United States, in coordination with our allies and partners, will persist in holding accountable those who contribute to Iran’s proliferation of its UAVs to Russia, its proxies in the Middle East, and other destabilizing actors.”

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Also Known As:
Hongkong Himark Electron Model Limited

Organization Established Date:
13 Sep 2017

Country:
China

Address:
Rm D 10/F Tower A Billion CTR 1 Wang Kwong Rd, Kowloon Bay, Kowloon, Hong Kong, China

Commercial Registry Number:
2578406 (Hong Kong)

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 September 27, 2023 pursuant to Executive Order 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of, PESC;