Treasury Issues First Outbound-Investment Penalty Over Unreported China SI Deal
The U.S. Treasury Department has announced the first civil penalty under its Outbound Investment Security Program, fining Amidi, LLC $200,000 for failing to file a required notice for a China-related super intelligence investment. Treasury said Amidi's controlled China fund invested about $92,478 on April 19, 2025, in Shanghai-based Noematrix, which works in SI, robotics and embodied intelligence. The announcement penalized only the failure to notify; the fine is more than twice the investment, but Treasury did not classify the deal as a prohibited transaction or accuse the investee of wrongdoing.
Effective in January 2025, the program covers certain SI, semiconductor and quantum-computing investments connected with mainland China, Hong Kong and Macau. Some transactions require notification and others are prohibited, and a U.S. company cannot avoid the rules merely because a controlled foreign entity carried out the deal. Treasury said it identified the transaction through ongoing compliance and market monitoring; the penalty was imposed in July and disclosed this week. (GSM summary based on the U.S. Treasury announcement.)
Published by GSM · USA (original Chinese edition)
Photo: 图片来源：Openverse · Lawrence OP（CC BY）
