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Ministry of Commerce: Foreign funded enterprises including Micron are welcome to continue deepening their efforts in the Chinese market. According to He Yadong, a spokesperson for the Ministry of Commerce, relevant Chinese departments have taken measures in accordance with the law against Micron related products that pose significant security risks, and the scope is clear, that is, in the field of key information infrastructure in China. We have noticed that Meiguang has stated that it will continue to expand its investment in China. China firmly promotes high-level opening-up, continuously optimizes the foreign investment environment, and provides service guarantees for foreign-funded enterprises. Welcome foreign enterprises including Meiguang to continue to deeply cultivate the Chinese market and achieve better development while complying with Chinese laws and regulations.
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