World famous drone manufacturer DJIhas filed a lawsuit challenging the U.S. Department of Defense’s listing of the company as “Chinese military companies.” A DJI spokesperson stated that the company had been trying to communicate with the US Department of Defense for over 16 months and that they had to go to court because they could not find a solution in the process. DJI emphasized that it does not produce military drones and offers fully commercial and consumer-oriented products.

In fact, DJI didn’t just end up on this list. In 2022, it was officially added by the United States to the list of Chinese military companies. Previously, the company was named to the U.S. Department of Commerce Entity List in 2020 and to the U.S. Department of Commerce Entity List in 2021. investment ban was subjected.

DJI’s founder and three investors in the foundation own 87% of the shares

These decisions are based on DJI’s liability to the Chinese government. that he helped implement against the Uighur Turks. It was taken for the reason. However, the company has argued that these accusations are completely unfounded and appears to be trying to blame the US for the financial and reputational losses.

In the lawsuit, DJI alleged that the Department of Defense’s justification for the addition to the list was insufficient, and DJI alleged that this report used flawed legal standards and was based on invalid information. In addition, so are DJI founder and CEO Frank Wang and three early investors 99% of the voting rights and stated that he owns 87.4% of the shares. This is considered an important indicator of the company’s independence.