(Yicai Global) May 25 -- Shares of China's NetPosa Technologies jumped today after the video surveillance system maker said that its appearance on the US Entity List should not substantially affect its sales.

Netposa's stock price [SHE:300367] surged by the daily limit of 10 percent to CNY3.29 (US 46 cents) in the morning.

The company is not planning to expand to the US market as its main market is China, while most of its overseas markets are in Southeast Asia, the Shenzhen-based firm said in a statement yesterday, adding that it is working on building a domestic supply chain.

The US Commerce Department added 33 Chinese companies to its Entity List, nine of which were accused of human rights violations, which should effectively limit their purchases of US technologies.

Editor: Emmi Laine