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Baidu Denies Being Chinese Military Enterprise After U.S. Defense Department Designation on June 9

2026-06-09 04:15:59

According to Guru Club, Baidu (09888.HK) announced on June 9 that the U.S. Department of Defense has added the company to its list of Chinese military enterprises. Baidu stated it is neither a Chinese military enterprise nor a defense-civil fusion enterprise, and believes the designation lacks justification. The company emphasized that the military enterprise list is not a sanctions list and does not restrict securities trading or affect its business operations.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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