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[Ministry of Commerce Announcement No. 21 of 2026: Blocking Injunction Against US Sanctions on Five Chinese Companies Involving Iranian Oil Transactions] In accordance with the National Security Law of the People's Republic of China, the Foreign Relations Law of the People's Republic of China, the Anti-Foreign Sanctions Law of the People's Republic of China and its implementing regulations, and the Measures for Blocking the Improper Extraterritorial Application of Foreign Laws and Measures (hereinafter referred to as the "Blocking Measures"), the working mechanism of the Blocking Measures has conducted a comprehensive assessment of the US sanctions against companies such as Hengli Petrochemical (Dalian) Refining Co., Ltd., which were imposed on the grounds of participation in Iranian oil transactions. These sanctions included inclusion in the Specially Designated Nationals List (SDN List), asset freezes, and prohibitions on transactions. The assessment confirmed that the US sanctions against the aforementioned companies constituted improper extraterritorial application. To safeguard national sovereignty, security, and development interests, and to protect the legitimate rights and interests of Chinese citizens, legal persons, and other organizations, the Ministry of Commerce, in accordance with Articles 2, 4, 6, and 7 of the "Blocking Measures" and the decision of the working mechanism, hereby issues the following injunction: The following sanctions, including inclusion on the "Specially Designated Nationals List," asset freezes, and transaction prohibitions, imposed by the United States on Hengli Petrochemical (Dalian) Refining & Chemical Co., Ltd., Shandong Shouguang Luqing Petrochemical Co., Ltd., Shandong Jincheng Petrochemical Group Co., Ltd., Hebei Xinhai Chemical Group Co., Ltd., and Shandong Shengxing Chemical Co., Ltd., under Executive Orders 13902 and 13846, on the grounds of their participation in Iranian oil transactions, shall not be recognized, implemented, or complied with. This injunction shall take effect from the date of its promulgation. (Ministry of Commerce)