efe-epaShanghai, China

The Chinese electronics giant Huawei on Thursday said that the firm applies all the applicable laws where it operates and its chief financial officer Wanzhou Meng, who was arrested by Canadian authorities, had not committed any violations.

"The company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng. The company believes the Canadian and US legal systems will ultimately reach a just conclusion," Huawei said in a statement released on social media.

The Canadian Ministry of Justice said in a statement that Wanzhou Meng, aged 46, was arrested in Vancouver on Dec. 1 and that the details of her case are not being disclosed by court order.

A hearing will be held on Friday to determine whether the Huawei executive, who is the daughter of the company's founder, will be released on bail while her extradition to the United States is decided.

"Huawei complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU," added the company, which is one of the largest mobile phone manufacturers in the world.

China's embassy in Canada in a statement criticized the situation and demanded Meng's immediate release.

"We will closely follow the development of the issue and take all measures to resolutely protect the legitimate rights and interests of Chinese citizens," the embassy said.

It added that, "the Chinese side firmly opposes and strongly protests over such kind of actions which seriously harmed the human rights of the victim."

According to the Canadian newspaper The Globe and Mail, the arrest and extradition of Wanzhou - who has been Huawei's chief financial officer since 2011 and is vice president of its board of directors - have been requested by US authorities for the alleged violation of economic sanctions imposed by the US against Iran.

In the last few months, the United States and China have been involved in trade tensions with the imposition of several waves of tariffs from both sides.

US authorities have warned that Huawei poses a threat to national security because of its alleged ties to the Chinese government and its security services.

Washington has refused to buy servers produced by Huawei since 2011, and the Pentagon banned the sale of the Chinese manufacturer's phones on its military bases last May.

Two months ago, US Senators asked the Canadian government to prohibit the use of equipment produced by Huawei in the country's telecommunications networks for fear that the Chinese government would be able to use such equipment for espionage activities.