Alibaba-W (09988.HK): Issues Statement Over Inclusion in U.S. DoD’s List of Chinese Military-Industrial Complex Companies
NewTimeSpace News: Alibaba Group Holding Limited (09988.HK) released a voluntary announcement regarding its inclusion in the list of Chinese military-industrial complex companies by the U.S. Department of Defense. The Group stated that the inclusion is erroneous and groundless. It is not a military-industrial enterprise and has no involvement in military-civil integration initiatives. The listing will not disrupt its regular business operations in the United States and across the globe.
NewTimeSpace News: Alibaba Group Holding Limited (09988.HK) issued a voluntary announcement on June 9, 2026, confirming that the U.S. Department of Defense has added the Group to its list of Chinese military-industrial complex companies. The U.S. Department of Defense is prohibited from procuring goods, services or technologies, directly or indirectly, from entities on the list.
The Group deems this inclusion a mistake with no factual basis. Alibaba is not a military-industrial enterprise and has never participated in any military-civil integration strategies. The Group reserves the right to take all feasible legal actions against any acts that distort its corporate image.
The inclusion will not affect the Group's normal business operations in the U.S. and worldwide, as its businesses have no connection with U.S. military procurement. The list imposes no additional export controls or sanctions, nor does it bar any parties other than the U.S. Department of Defense from conducting business with the Group or trading its securities.
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