Shandong FIN CNC Machine Co., Ltd.

In 2018 and 2019 Tennessee used the New York list of “Entities determined to be non-responsive bidders/offerers pursuant to the New York State Iran Divestment Act of 2012.” Shandong FIN CNC was included on this list in 2018 and 2019. Tennessee states "Inclusion on this list would make a person ineligible to contract with the state of Tennessee, if a person ceases its engagement in investment activities in Iran, it may be removed from the list." (https://www.tn.gov/content/dam/tn/generalservices/documents/cpo/other/List_of_persons_pursuant_to_Tenn._Code_Ann._12-12-106_Iran_Divestment_Act_updated_with%20NY09.26.18.docx) (https://www.tn.gov/content/dam/tn/generalservices/documents/cpo/other/List_of_persons_pursuant_to_Tenn._Code_Ann._12-12-106_Iran_Divestment_Act_updated_with%20NY09.20.19.pdf)

As of April 15, 2020, Fin is included on the Tennessee list of persons it determines engage in investment activities in Iran, as described in § 12-12-105.  (https://www.tn.gov/content/dam/tn/generalservices/documents/cpo/other/list-of-persons-pursuant-to-tenn-code-iran-divestment/List_of_persons_pursuant_to_Tenn._Code_Ann._12-12-106_Iran_Divestment_Act_updated_with NY04.15.20.pdf)

On June 30, 2019, New Jersey listed Shangdong FIN CNC Machine on its state list of entities determined, based on credible information, to be engaged in prohibited activities in Iran. (https://www.state.nj.us/treasury/purchase/pdf/Chapter25List.pdf)

On October 14, 2020, FIN remained on the Tennesse Department of General Services list of persons it determines engage in investment activities in Iran, as described in 12-12-105. (https://www.tn.gov/content/dam/tn/generalservices/documents/cpo/cpo-library/List_of_persons_pursuant_to_Tenn._Code_Ann._12-12-106_Iran_Divestment_Act_updated_with%20NY10.14.20.pdf)

As of June 8, 2020, Fin is listed on the Pennsylvania Department of General Services Iran Free Procurement List. Entities included on this list are ineligible to enter into a contract with the Commonwealth of Pennsylvania for goods and services worth at least $1,000,000 per sections 3501-3506 of the Commonwealth Procurement Code, 62 Pa. C.S. §§ 3501-3506.   (https://www.dgs.pa.gov/Documents/Procurement Forms/ProposedIranFreeProcurementList.pdf)

"Iranian customer came to FIN on Sep. 4, 2008 and signed contract at once when he looked around FIN’s factories and the machin’s operation. Customer is very satisfied with FIN and the CNC drilling machine... The machine was dispatched to Iran on Jan. 22, 2009 ahead of the delivery time. Though the promised delivery time is Feb. 20, 2009, FIN still delivers the machine early to customer, just because customer needs the machine urgently. FIN’s engineer will go to Iran to installl the machine soon." (Company Website) (http://www.fincm.com/english/index.asp)

--

On March 13, 2019, the Mississippi Department of Finance & Administration identified Fin as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”   (https://www.dfa.ms.gov/media/8124/businesses-doing-business-with-iran.pdf)

“FIN’s CNC Drilling Machine For Plates Model PD2012 was sold abroad to five countries Russia, South Africa, Iran, Kazakstan and Indonesia. This drilling machine is very popular in the global market.” (Company Website) (http://www.fincm.com/english/index.asp)

In 2020, the U.S. state of Mississippi listed FIN on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting. (https://www.dfa.ms.gov/media/sd1ccddh/businesses-doing-business-with-iran-12-4.docx)

In January 2021, the State of New Jersey Department of the Treasury listed FIN as a company engaged in prohibited activities in Iran pursuant to P.L. 2012, c. 25 ("Chapter 25").  (https://www.nj.gov/treasury/purchase/pdf/Chapter25List.pdf)

As of July 1, 2020, Fin is listed as an entity “determined, based on credible information available to the public, to be engaged in prohibited activities in Iran pursuant to New Jersey P.L. 2012, c.25 (“Chapter 25”).  (https://www.nj.gov/treasury/purchase/pdf/Cas hapter25List.pdf)

As of April 15, 2020, Fin is included as an entity determined to be non-responsive bidders/offerers pursuant to The New York State Iran Divestment Act of 2012.   (https://ogs.ny.gov/system/files/documents/2020/04/iran_divestment_act_list_of_entities.pdf)