The 2022 annual report of China Electronics Corporation

As at the end of 2022, China Electronics Corporation has accounts receivable of Russian Ruble 1,556,989,952.53=RMB 150,405,229.41 and accounts receivable of NT$1,020,598,776.78=RMB 230,451,203.80. It shows that China Electronics Corporation, which is sanctioned by the United States, has Russian customers and Taiwanese customers.

U.S. Department of the Treasury’s Office of Foreign Assets Control imposes sanctions on China Electronics Corporation in 2021 that prohibit Americans from investing in it