By IPVM Team, Published May 03, 2021, 10:40am EDT |  Email This

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The China PRC government created and controls Hikvision, facts Hikvision strives to obscure. Watch this 2-minute video to learn:

Hikvision markets that they “grew from a 28-person start-up in 2001.”

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The reality is Hikvision was created by the China PRC government:

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Specifically from its 52nd Research Institute, led by Chen Zongnian, still Hikvision Chairman.

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Hikvision markets a “diverse set of private and public shareholders.”

The reality is that Hikvision’s own financials prove their controlling shareholder is “central-state owned.”

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CETHIK, the China Electronics Technology HIK Group was explicitly created by the PRC government to run “HIK”vision.

CETHIK is run by Chairman Chen. Hikvision is also run by Chairman Chen.

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For example, here is Chairman Chen presiding over a Hikvision Communist Party meeting, with his subordinate Mr. Hu at his side.

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And in 2016, Hikvision touted its government control when it raised $400 million in debt, emphasizing “strong support from PRC government and our state-owned parent”:

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Moreover, Hikvision touted how they received “substantial fiscal subsidies” from the PRC government.

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Hikvision even admitted that its government control could “exert significant influence over our business and other matters of significance to us.”

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Hikvision’s Chairman Chen was “excited and thankful” for a 2015 Xi Jinping visit, declaring Hikvision to be a “state- owned company.”

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And, in 2018, the PRC government declared that: “Hikvision has resolutely implemented the spirit of the important instructions from General Secretary Xi Jinping.”

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Likewise, Chairman Chen said Hikvision “followed Party leadership” and “deeply practiced” Xi Jinping’s ideas.

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Chairman Chen has even joined the China national government, bringing even more power to State-controlled Hikvision.

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While Hikvision’s overseas marketing aims to deceive, the facts are clear – Hikvision was created and has always been controlled by the China PRC government.

Watch this 2-minute video to learn more!