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CETC is one of China's ten central state-owned defense conglomerates, built around dozens of legacy "research institutes" (numbered 1st–58th) covering radar, electronic warfare, military communications, and compound-semiconductor materials, alongside civilian electronics and IT businesses.
Group exposure score is 39 including 1 tracked subsidiary — standalone is 35.
4 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 1003 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
Exact-amount match: RMB 2,308,602,513.23 in the related-party procurement note equals the anonymized 第一名 (rank-1) row in the top-5 supplier table (4.82% of FY2025 procurement) — confirming CETC-affiliated entities are Hikvision's single largest supplier relationship. The filing gives no further entity-level breakdown of this aggregate.
FY2024 comparative from the FY2025 annual report's related-party note: RMB 1,897,826,757.19 procurement (FY2025's RMB 2,308,602,513.23 is +21.6% YoY). FY2024 total procurement base is not disclosed in this filing, so no comparable share_pct.
RMB 207,066,575.61 in FY2025 product/service sales to CETC-affiliated entities, below the top-5 customer threshold (the smallest named top-5 slot was RMB 296.6m/0.32% of sales) so it never appears in the anonymized top-5 table; quantified only via the separate related-party-transaction note. Filing gives no % of revenue for this line.
FY2024 comparative from the FY2025 annual report's related-party note: RMB 219,280,317.07 in sales/services (FY2025's RMB 207,066,575.61 is -5.6% YoY).
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.
Dossier discloses a neodymium exposure with no Dy/Tb/Sm tag, but Dy/Tb doping is what buys the temperature resistance defence applications need, so it is doped as a rule pending a disclosed grade.
A61's suspension (Announcement 70) lapses 10 Nov 2026 — on the plain text, controls revive automatically. The US DoD CN/RU/IR/KP sourcing bar follows 1 Jan 2027. See the underlying extraterritorial export-control action. We supply the provenance file; we never compute your ratio for you.
As a buyer, policy pressure across its consumed materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.