Chinese Xiaomi Corp. said yesterday a US court formally overturned the definition of her business as a “Chinese Communist Military Company (CCMC).” In addition, all restrictions for US citizens to purchase and own its shares have been removed.

It is difficult to overestimate the importance of American justice decisions for Xiaomi. An example of the losses a business can suffer due to US sanctions is Huawei, which is now closed to key regional markets.

“The District Court for the District of Columbia Issues a Final Order Reversing the Definition of Xiaomi by the US Department of Defense as CCMC”– said the manufacturer of smartphones and other electronics in materials transferred to the Hong Kong Stock Exchange. According to the company, the decision on the case was made on Tuesday.

“The company reaffirms that it is an open, transparent, publicly traded, independently operating and operated business.”– said the chairman of the board of directors of Xiaomi Lei Jun (Lei Jun).

Sanctions against Xiaomi were imposed by the US Department of Defense at the beginning of the year during the reign of President Donald Trump (Donald Trump). In March, a US court temporarily allowed cooperation with the company, and in the first half of this month, the US military said it would be “appropriate” to remove the business from the sanctions list.