FY International LLC Clarifies Distinction from FY INTERNATIONAL TRADING CO., LIMITED
Salem, NH, USA – 01/17/2025 – FY International LLC, a U.S.-based company specializing in consumer electronics online retailing, wishes to clarify and publicly state that it has no affiliation, connection, or business relationship with FY INTERNATIONAL TRADING CO., LIMITED, a Hong Kong-based entity currently listed under U.S. sanctions.
Key Points:
- Independent Entity: FY International LLC is an independently operated company, fully compliant with all U.S. laws and regulations. Our operations, management, and business dealings are completely separate from FY INTERNATIONAL TRADING CO., LIMITED.
- No Connection: There is no corporate, financial, or operational relationship between FY International LLC and FY INTERNATIONAL TRADING CO., LIMITED. Our similarity in name is purely coincidental, and we take proactive steps to differentiate our business from the sanctioned entity.
- Commitment to Compliance: We adhere strictly to all U.S. sanctions, anti-money laundering (AML), and know-your-customer (KYC) regulations. Our commitment to ethical and lawful business practices remains our highest priority.
- Transparency and Integrity: To ensure transparency and prevent any misunderstanding, FY International LLC has taken measures such as issuing this announcement, updating our branding and communications, and implementing a distinct “Doing Business As” (DBA) name where applicable to avoid confusion.
Statement from Yawei John Yang, Vice President at FY International LLC:
“We understand that our name has caused some confusion due to its similarity with a sanctioned entity. We want to assure our clients, partners, financial institutions, and regulatory bodies that FY International LLC is a distinct, law-abiding company with no ties whatsoever to FY INTERNATIONAL TRADING CO., LIMITED. Our focus remains on serving our customers with integrity, transparency, and full compliance with U.S. regulations.”
About FY International LLC:
FY International LLC is a leading eCommerce company focus on consumer electronics and PC online retailing. Headquartered in Salem, NH, USA, our company is dedicated to innovation, customer service, and adherence to the highest standards of corporate governance and legal compliance.
For More Information:
Please visit our website at https://fyinternational.net, https://ushopmall.com or contact:
John Yang, Ph. D
Vice President
FY International LLC
13 Garabedian Dr Unit C
Salem, NH 03079
Tel: +1 (888) 396-8527