diff --git a/CHANGELOG.md b/CHANGELOG.md
index 35118b467..9e4ac0062 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 Change Log
 
+v5.3.1
+---
+* Fixed class expression name references inside class body being incorrectly resolved to an import binding with the same name, causing broken code at runtime. Fixes https://github.com/javascript-obfuscator/javascript-obfuscator/issues/1386
+
 v5.3.0
 ---
 * Add Pro API support to CLI
diff --git a/package.json b/package.json
index 2519534eb..005f5a90d 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "javascript-obfuscator",
-  "version": "5.3.0",
+  "version": "5.3.1",
   "description": "JavaScript obfuscator",
   "keywords": [
     "obfuscator",
diff --git a/src/analyzers/scope-analyzer/ScopeAnalyzer.ts b/src/analyzers/scope-analyzer/ScopeAnalyzer.ts
index b4001cf6d..1c001e376 100644
--- a/src/analyzers/scope-analyzer/ScopeAnalyzer.ts
+++ b/src/analyzers/scope-analyzer/ScopeAnalyzer.ts
@@ -238,7 +238,11 @@ export class ScopeAnalyzer implements IScopeAnalyzer {
                             (definition: eslintScope.Definition) => definition.type === 'ClassName'
                         );
 
-                        return isValidClassNameVariable && variable.name === classNameVariable.name;
+                        const isImportBinding: boolean = variable.defs.some(
+                            (definition: eslintScope.Definition) => definition.type === 'ImportBinding'
+                        );
+
+                        return isValidClassNameVariable && variable.name === classNameVariable.name && !isImportBinding;
                     }
                 );
 
diff --git a/test/functional-tests/analyzers/scope-analyzer/ScopeAnalyzer.spec.ts b/test/functional-tests/analyzers/scope-analyzer/ScopeAnalyzer.spec.ts
index 188f6d0cc..b5539fe26 100644
--- a/test/functional-tests/analyzers/scope-analyzer/ScopeAnalyzer.spec.ts
+++ b/test/functional-tests/analyzers/scope-analyzer/ScopeAnalyzer.spec.ts
@@ -6,6 +6,7 @@ import { evalLocal } from '../../../helpers/evalLocal';
 import { readFileAsString } from '../../../helpers/readFileAsString';
 
 import { JavaScriptObfuscator } from '../../../../src/JavaScriptObfuscatorFacade';
+import { NO_ADDITIONAL_NODES_PRESET } from '../../../../src/options/presets/NoCustomNodes';
 
 describe('ScopeAnalyzer', () => {
     describe('analyze', () => {
@@ -121,5 +122,64 @@ describe('ScopeAnalyzer', () => {
                 });
             });
         });
+
+        describe('Variant #3: class expression name shadowing import binding', () => {
+            const samplesCount: number = 50;
+
+            let obfuscatedCode: string;
+            let importBindingName: string | null;
+            let classExpressionName: string | null;
+
+            beforeEach(() => {
+                const code: string = readFileAsString(
+                    __dirname + '/fixtures/class-expression-name-shadowing-import.js'
+                );
+
+                importBindingName = null;
+                classExpressionName = null;
+
+                for (let i = 0; i < samplesCount; i++) {
+                    obfuscatedCode = JavaScriptObfuscator.obfuscate(code, {
+                        ...NO_ADDITIONAL_NODES_PRESET,
+                        compact: false,
+                        stringArray: false,
+                        seed: i
+                    }).getObfuscatedCode();
+
+                    const importMatch = obfuscatedCode.match(/import\s*\{\s*i\s+as\s+(\w+)\s*\}/);
+                    const classMatch = obfuscatedCode.match(/=\s*class\s+(\w+)\s*\{/);
+
+                    if (importMatch && classMatch) {
+                        importBindingName = importMatch[1];
+                        classExpressionName = classMatch[1];
+
+                        if (importBindingName !== classExpressionName) {
+                            break;
+                        }
+                    }
+                }
+            });
+
+            it('should not rename class expression self-references to the import binding', () => {
+                assert.isNotNull(importBindingName, 'should find import binding name');
+                assert.isNotNull(classExpressionName, 'should find class expression name');
+
+                const getInstanceMatch = obfuscatedCode.match(/getInstance[^}]*\{([^}]*)\}/s);
+                assert.isNotNull(getInstanceMatch, 'should find getInstance body');
+
+                const getInstanceBody: string = getInstanceMatch![1];
+
+                assert.include(
+                    getInstanceBody,
+                    `new ${classExpressionName!}()`,
+                    'new <class>() inside getInstance should reference the class expression name'
+                );
+                assert.notInclude(
+                    getInstanceBody,
+                    `new ${importBindingName!}()`,
+                    'new <import>() inside getInstance should NOT reference the import binding'
+                );
+            });
+        });
     });
 });
diff --git a/test/functional-tests/analyzers/scope-analyzer/fixtures/class-expression-name-shadowing-import.js b/test/functional-tests/analyzers/scope-analyzer/fixtures/class-expression-name-shadowing-import.js
new file mode 100644
index 000000000..3d14de717
--- /dev/null
+++ b/test/functional-tests/analyzers/scope-analyzer/fixtures/class-expression-name-shadowing-import.js
@@ -0,0 +1,17 @@
+import { i as e } from './runtime.js';
+
+function factory() {
+    return 'factory-result';
+}
+
+var P = class e {
+    static instance;
+
+    static getInstance() {
+        return ((e.instance ||= new e()), e.instance);
+    }
+};
+
+var x = e(factory(), 1);
+
+export { P, x };