Hangzhou Hikvision Digital Technology Co.Ltd(002415) : I believe that the company has no violations that should be punished

Hangzhou Hikvision Digital Technology Co.Ltd(002415) 5 replied to the reporter of E company on May 5 that the content of the Financial Times report on May 4 has not been confirmed by the US government, and the authenticity of the news needs to be verified.

1. Since 2018, Hangzhou Hikvision Digital Technology Co.Ltd(002415) has continued to make efforts in human rights compliance and other global compliance, and the progress made is obvious to all. The company has disclosed ESG reports for four consecutive years and made detailed disclosure of Hangzhou Hikvision Digital Technology Co.Ltd(002415) human rights and other compliance work. It is believed that Hangzhou Hikvision Digital Technology Co.Ltd(002415) there are no violations that should be punished.

2. On October 7, 2019, the US government included Hangzhou Hikvision Digital Technology Co.Ltd(002415) in the list of entities on the grounds of “assisting in human rights violations”. “No more punishment for one matter” is a universally accepted legal concept and basic principle. I believe the U.S. government will follow this principle.

3. Sanctions can not solve the problem, but will create more new problems. If the Chinese government also promotes similar SDN sanctions, I believe no global enterprise can afford it Hangzhou Hikvision Digital Technology Co.Ltd(002415) said that we still believe that global economic integration is the best choice for mankind

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One word limit Hangzhou Hikvision Digital Technology Co.Ltd(002415) response to the rumor of “US sanctions”: to be verified

On May 5, the A-share security leader Hangzhou Hikvision Digital Technology Co.Ltd(002415) ( Hangzhou Hikvision Digital Technology Co.Ltd(002415) . SZ) was closed to the limit immediately after the opening.

Previously, some investors asked on the investor interaction platform: is the current US revenue 0? How much is it? How to enter the American market in the future? On April 29, Hangzhou Hikvision Digital Technology Co.Ltd(002415) said on the investor interaction platform that the company’s business in the United States has many uncertain factors, but it is still in orderly development. The proportion of the company’s business in various regions has been changing dynamically, and there is no specific proportion data disclosure for the time being. The company will continue to pay attention to challenges and deal with them prudently.

In terms of domestic business income, it reached 415.4 billion yuan, accounting for 29.9% of the total revenue in 2024; Overseas operating revenue was 21.985 billion yuan, a year-on-year increase of 24.23%, accounting for 27%.

On the morning of May 5, influenced by the news that the United States was considering imposing sanctions on the global security giant Hangzhou Hikvision Digital Technology Co.Ltd(002415) shares, the total market value of Hangzhou Hikvision Digital Technology Co.Ltd(002415) shares fell by the limit of 360.7 billion yuan. In this regard, Hangzhou Hikvision Digital Technology Co.Ltd(002415) responded to the interface news reporter, saying that Hangzhou Hikvision Digital Technology Co.Ltd(002415) has paid attention to the media reports, which mentioned that the possible sanctions imposed by the US government have yet to be verified. Sanctions should be based on reliable evidence and due process, and the company hopes to be treated fairly.

Hangzhou Hikvision Digital Technology Co.Ltd(002415) serves more than 150 countries and regions around the world, including the United States Hangzhou Hikvision Digital Technology Co.Ltd(002415) joins the global market, operates in strict accordance with the laws and regulations of the country where the business is located, follows the internationally accepted business ethics and business standards, and is committed to science and technology for the good like all leading technology companies in the world. (source: interface News)

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