Recently, the Canadian government ordered Chinese tech company Hikvision to cease its operations in Canada, citing so-called "national security risks." It also banned government departments and agencies from procuring Hikvision products.
Hikvision previously responded to media inquiries, stating, "We strongly oppose the Canadian government's decision to shut down Hikvision Canada within 120 days based on alleged 'national security concerns.' Without providing any evidence, the Canadian government has groundlessly accused Hikvision's operations of potentially harming its 'national security' and demanded the closure of Hikvision Canada. This approach disregards facts, severely lacks procedural fairness and transparency, and constitutes discrimination and suppression against Chinese enterprises."
Today, Hikvision further addressed the impact of the Canadian ban on its investor relations platform, clarifying that the Canadian market accounted for less than 0.3% of its 2024 revenue. Despite political pressure, Hikvision remains committed to serving global customers, including those in Canada, and will continue advancing its international strategy while enhancing its global product competitiveness.