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资讯 2026 年 11 月 12 日，新加坡警察部队 SPF、关税局、总检察署 AGC 联合发布正式声明，公布黄乐（Alice Huang）与 Megaspeed International 服务器转运一案的调查结果。在全球 AI 芯片出口管制持续收紧、东南亚中转供应链备受市场关注的背景下，这份官方声明厘清了流传已久的市场传闻，尤其直接辟谣本案为间谍案件。
事件背景：
Megaspeed 为新加坡注册的服务器采购企业，黄乐时任公司 CEO、董事长，香港居民。案件核心围绕美国超微（Supermicro）服务器经新加坡转运马来西亚的贸易链路。2025 年美国 BIS 上门开展装运后核查，事件随即进入全球出口管制的视野，网络上陆续衍生出芯片走私、间谍案等大量传言。新加坡自 2025 年 2 月启动独立调查，并非应他国要求立案。
声明核心要点：
01新加坡立场：不执行他国单边出口管制，但严禁企业借新加坡的营商身份，通过欺诈手段规避他国出口管制，一旦触犯新加坡本土法律，将严厉追责。
02黄乐调查结论：无充分证据证明黄乐存在服务器不实申报相关刑事犯罪；处罚原因为调查期间刻意提供明知不实信息、淡化自身在公司的角色，处置结果为严厉警告、禁止入境，护照归还后当日离境。官方明确：黄乐并未因间谍活动接受调查。
03跨国取证困境：新加坡多次向美国司法部、FBI 请求协助，希望美方推动超微配合调查，但美方提供的信息与协助十分有限。
04案件后续：针对 Megaspeed 及另外 6 名相关人员的调查仍在持续；另有 4 人、4 家公司已被新加坡起诉，相关欺诈罪名最高可判 20 年监禁。
下面附上新加坡官方声明完整英文原文与中文对照译本，供投资者细读研判。
新加坡对黄乐与 Megaspeed International Pte Ltd 的调查
2026 年 11 月 12 日
1. Singapore takes seriously its reputation as a trusted international trading and business hub. We uphold the rule of law and expect all companies operating in Singapore to conduct their business honestly and in accordance with our laws. While Singapore does not enforce unilateral export controls imposed by other countries, we expect all companies operating here to take into account such regulations, including export controls, in their international business activities. Singapore does not condone companies using their association with Singapore to circumvent or violate other countries’ export controls through fraud or dishonest practices. Where there is evidence of breaches of Singapore law, we take firm action.
中文译文：新加坡高度重视其作为值得信赖的国际贸易和商业枢纽的声誉。我们坚持法治，并期望所有在新加坡运营的公司诚实经营、遵守我们的法律。虽然新加坡不执行其他国家实施的单边出口管制，但我们期望所有在本地运营的公司在国际商业活动中考虑此类法规，包括出口管制。新加坡绝不姑息公司利用其与新加坡的关联，通过欺诈或不诚实的手段规避或违反其他国家的出口管制。凡有违反新加坡法律的证据，我们必将采取坚决行动。
2. In February 2025, the Singapore Police Force (“SPF”) and Singapore Customs initiated an independent investigation into several companies and their key officers, including Megaspeed International Pte Ltd (“Megaspeed”), a company incorporated in Singapore, and its controllers. The suspected domestic offences pertained to potential false declarations in relation to the purchase of servers and other related offences. As noted by Coordinating Minister for National Security and Minister for Home Affairs K Shanmugam at a press conference on 3 March 2025, Singapore’s investigations were not based on any request from any country or sovereign entity.
中文译文：2025 年 2 月，新加坡警察部队（“SPF”）和新加坡关税局对多家公司及其主要人员展开独立调查，其中包括在新加坡注册的公司 Megaspeed International Pte Ltd（“Megaspeed”）及其控制人。涉嫌的本地违法行为涉及与购买服务器相关的潜在虚假申报及其他相关罪行。正如国家安全统筹部长兼内政部长尚穆根（K Shanmugam）在 2025 年 3 月 3 日的记者会上所指出的，新加坡的调查并非基于任何国家或主权实体的请求。
3. Alice Huang (otherwise known as Huang Le), a Hong Kong resident, was investigated for suspected involvement in the possible offences in Singapore, given her position as then-CEO, Chairperson, and one of the key controllers of Megaspeed. Huang was not based in Singapore, and was not investigated for espionage.
中文译文：黄乐（Alice Huang，又名 Huang Le）是一名香港居民，鉴于其当时担任 Megaspeed 的首席执行官、董事长及主要控制人之一，她因涉嫌参与可能在新加坡发生的违法行为而接受调查。黄乐并不常驻新加坡，且并未因间谍活动而受到调查。
4. On 24 June 2025, the US Bureau of Industry and Security (“BIS”) conducted a voluntary Post-Shipment Verification (“PSV”) check at Megaspeed with Huang present. The PSV check was the first time Singapore came to know about the US’s interest in Megaspeed and Huang. On the same day, SPF also interviewed her as part of its ongoing investigations into Megaspeed. Her passport was impounded under Section 112 of the Criminal Procedure Code 2010 to secure her attendance for purposes of the ongoing investigations, since Huang was not based in Singapore.
中文译文：2025 年 6 月 24 日，美国工业与安全局（“BIS”）在黄乐在场的情况下，对 Megaspeed 进行了一次自愿性的装运后核查（“PSV”）。此次 PSV 核查是新加坡首次知晓美方对 Megaspeed 和黄乐的关注。同日，SPF 也对黄乐进行了问话，作为其对 Megaspeed 持续调查的一部分。由于黄乐并非常驻新加坡，其护照依据《2010 年刑事诉讼法》第 112 条被扣押，以确保她在持续调查期间能够配合出席。
5. The physical servers had been purchased by companies (which were under investigation) and exported through Singapore to Malaysia without entering the Singapore market. The SPF was investigating whether the servers had subsequently been routed from Malaysia to another destination, contrary to declarations made in Singapore. To establish the facts, SPF could not rely solely on declarations made by the companies in Singapore. It also needed to verify these against information and records in other jurisdictions, including the jurisdictions from which the servers originated and their eventual destinations. Singapore therefore sought information from the US and other destination jurisdictions, to assist with our independent investigations.
中文译文：相关实体服务器由多家公司（均为被调查对象）购买，并经由新加坡出口至马来西亚，未进入新加坡市场。SPF 正在调查这些服务器是否随后从马来西亚被转运至另一目的地，从而违反其在新加坡所作的申报。为查明事实，SPF 不能仅依赖这些公司在新加坡所作的申报，还需要与其他司法管辖区的信息和记录进行核实，包括服务器来源地及其最终目的地所在的司法管辖区。因此，新加坡向美国及其他目的地司法管辖区寻求信息，以协助我们的独立调查。
6. In particular, the SPF sought information relating to Supermicro, a US-based supplier of servers, which was relevant to the SPF’s investigations. However, Supermicro provided limited cooperation. At a meeting on 7 July 2025, SPF and the Attorney-General’s Chambers (“AGC”) raised this issue with the US authorities and requested their assistance in securing the company’s cooperation. Since September 2025, SPF has repeated this request on several occasions to the US Department of Justice (“DOJ”) and the Federal Bureau of Investigations (“FBI”). Despite these repeated requests, Singapore has to date received limited information or assistance in respect of the company.
中文译文：其中，SPF 寻求与总部位于美国的服务器供应商 Supermicro（超微）相关的信息，这与 SPF 的调查相关。然而，Supermicro 的配合非常有限。在 2025 年 7 月 7 日的一次会议上，SPF 和总检察署（“AGC”）向美方当局提出了这一问题，并请求其协助促成该公司的配合。自 2025 年 9 月以来，SPF 已多次向美国司法部（“DOJ”）和联邦调查局（“FBI”）重申这一请求。尽管多次提出请求，但截至今天，新加坡就该公司获得的信息或协助仍然有限。
7. In February 2026, SPF, in consultation with AGC, concluded that there was insufficient evidence to establish that Huang had committed any offences relating to the possible inaccurate declarations for which Megaspeed was being investigated.
中文译文：2026 年 2 月，SPF 在与总检察署磋商后得出结论：没有充分证据证明黄乐就 Megaspeed 因可能的不实申报而受调查的相关事项犯有任何罪行。
8. However, SPF assessed that Huang had provided information which she knew to be inaccurate to SPF in the course of investigations, to downplay her role in Megaspeed. She was issued a stern warning and barred from re-entering the country. Other cases in the past have been dealt with in a similar way. SPF returned Huang’s passport on 26 February 2026, and she departed Singapore on the same day.
中文译文：然而，SPF 评估认为，黄乐在调查过程中向 SPF 提供了她明知不准确的信息，以淡化她在 Megaspeed 中的角色。她被发出严厉警告，并被禁止再次入境。过去其他类似案件也曾以类似方式处理。SPF 于 2026 年 2 月 26 日归还了黄乐的护照，她于同日离开新加坡。
9. SPF’s investigations into Megaspeed and six other individuals are ongoing. None of the six persons have been in Singapore since investigations commenced in February 2025.
中文译文：SPF 对 Megaspeed 及另外六名人员的调查仍在进行中。自 2025 年 2 月调查开始以来，这六名人员均未曾身在新加坡。
10. Singapore is committed to upholding our reputation as a trusted and reliable business hub. We will not allow companies or individuals to misuse Singapore’s business environment to engage in fraud or dishonest practices. Singapore has charged four individuals and four companies in Court between February 2025 and July 2026 for offences – including fraud by false representation in relation to the purchase of servers, with the offences carrying imprisonment terms of up to 20 years each.
中文译文：新加坡致力于维护我们作为值得信赖和可靠的商业枢纽的声誉。我们绝不允许公司或个人滥用新加坡的商业环境从事欺诈或不诚实的行为。2025 年 2 月至 2026 年 7 月期间，新加坡已对四名个人和四家公司在法庭上提起控罪，罪行包括与购买服务器相关的以虚假陈述进行欺诈，各项罪行的最高刑期可达 20 年监禁。
11. Our approach is clear. Singapore will conduct its own investigations independently, in accordance with our laws and based on the evidence available. We will cooperate with foreign authorities where appropriate, and take firm enforcement action wherever the evidence warrants it.
中文译文：我们的方式是明确的。新加坡将依照本国法律、根据现有证据独立开展自己的调查。我们将在适当情况下与外国当局合作，并在证据支持之处采取坚决的执法行动。
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