The U.S. government allowed Huida H200 chips to be exported to China, but it raised suspicions of national security review! A New York Times investigation found that the registration office of a Chinese company that was only 17 months old and approved to assemble H200 chips was empty, and even the park administrator had no records. What is even more worrying is that many approved companies are related to the U.S. sanctions blacklist and Chinese military suppliers, raising questions about whether there are loopholes in U.S. chip export review.
The Trump administration in the United States has relaxed restrictions on the export of Huida H200 artificial intelligence chips to China, but a major loophole has emerged. An investigation by the New York Times found that the registration office of a Chinese company "New Matrix" that was only 17 months old and approved to assemble H200 chips was empty. The equity relationship behind it even involved companies blacklisted in the United States.
A reporter from The New York Times visited a technology industrial park in the northwest suburbs of Beijing and found that the registered address of New Matrix was an empty gray office, with wires without lighting fixtures hanging from the ceiling. The name of the company cannot be found in the building's business directory, and the park reception staff and administrators also said that there is no record of this company's presence at all.
What’s even more bizarre is that New Matrix has only been established for 17 months. The website not only lacks employee lists, recruitment information, but also lacks company development history. However, this mysterious company passed the national security review of the U.S. Department of Commerce and was allowed to assemble Huida H200 chips into AI servers.
The investigation also found that New Matrix's major shareholders are related to the Chinese private equity fund "Jianguang Assets" (Wise Road). The fund was included in the entity list by the United States in 2024 for assisting the Chinese government in acquiring companies with sensitive chip technology. Analysts suspect that New Matrix may be an agency company established by related companies.
This is not the only case. The registration office of Maginfra, another Chinese company licensed to process H200 chips, was also empty. Analysts pointed out that the company has personnel and patent connections with Inspur Group, which was blacklisted by the United States for its involvement in the Chinese military.
In addition, other approved companies, including Zhejiang Yindun Cloud Technology and Shanghai Jiatang, were also revealed to have corporate relationships with Chinese military suppliers.
Reports indicate that the U.S. Department of Commerce has approved approximately 24 Chinese companies to purchase or process H200 chips. The U.S. Bureau of Industry and Security emphasized that all applications are reviewed for national security risks.
In this regard, Huida spokesman John Rizzo said that it is unreasonable for the Chinese military to rely on American technology. Huida's first, best and most technical products are all sold in the United States. He also pointed out that the Chinese government is strictly restricting H200 imports to support local chip companies. Even if Huida's sales to China are limited, it will still help support U.S. employment and manufacturing.
However, former White House national security officials questioned whether the U.S. government and Huida had fully verified the final flow of the chips. This investigation also puts the Trump administration's chip export controls once again facing a test between national security and commercial interests.
