China’s Wingtech Technology Co. has appealed to the Dutch Supreme Court to restore its control over chipmaker Nexperia BV, underscoring deep-seated tensions despite a temporary truce that allowed some components to start flowing again https://t.co/oMXQ42dBf1 ...

Core Viewpoint - The ongoing dispute between Nexperia Netherlands and Nexperia China is causing significant disruptions in the global semiconductor supply chain, with both parties blaming each other for the lack of constructive dialogue and resolution efforts [2][3][4][5]. Group 1: Nexperia Netherlands' Position - Nexperia Netherlands emphasizes its commitment to constructive cooperation with Nexperia China and has made multiple attempts to re-establish dialogue to restore normal supply chains, but claims to have received no substantial response [2]. - The company urges Nexperia China to take immediate action to resume predictable supply flows, including production schedules and delivery timelines, as many industry clients are facing imminent production halts [2]. Group 2: Nexperia China's Response - Nexperia China and Wingtech Technology refute Nexperia Netherlands' claims, stating that the latter is avoiding the core issue of control disputes and that its actions are the root cause of the supply chain chaos [3][4]. - Nexperia China asserts that it has always welcomed formal communication with Nexperia Netherlands and denies any obstruction of communication channels [3]. Group 3: Government Involvement - The Chinese Ministry of Commerce has stated that the source of the current chaos in the global semiconductor supply chain lies with the Dutch side, criticizing the Dutch government's inappropriate interference in corporate affairs [5]. - The ministry calls for the Dutch government to propose constructive solutions to facilitate internal negotiations within the companies involved [5].

继安世荷兰发布致安世中国管理层公开信，11月28日，闻泰科技（600745）、安世中国相继发布双语版 官方声明，称公开信内容不实，安世荷兰推卸责任、回避问题。同时声明强调，恢复闻泰科技的合法控 制权，保障股东合法权益是解决当前全球芯片产业链困境的基础与关键，并敦促安世荷兰正视问题，共 同守护产业链稳定。 公开信内容不实 对于安世荷兰在公开信中所称"主动联系中方，但未得到任何实质性回应"，闻泰科技在官方声明中表 示，完全与事实不符。 据介绍，自控制权争议发生以来，闻泰科技方面明确表达了愿意与安世荷兰方面就如何恢复闻泰科技的 合法控制权、妥善解决当前争端进行建设性沟通，更是多次通过不同场合、多种途径，主动向安世荷兰 表达愿意通过协商共同寻求解决方案。然而，安世荷兰始终对闻泰科技方面提出的合法诉求不予回应， 也未提供任何协商条件，完全回避造成当前困境的核心问题，缺乏最基本的沟通诚意。 安世中国在声明中进一步指出，安世中国不存在"无法取得联系"的情况，从未以任何方式主动阻断或关 闭过合法合规的沟通路径。相反，安世荷兰对安世中国员工采取删除邮箱、停止相关IT系统进入权限等 破坏性措施，客观上干扰了双方日常业务对接与信息 ...

Key Points - Guizhou Moutai elected Chen Hua as the chairman of the fourth board of directors and plans to repurchase shares between RMB 1.5 billion and RMB 3 billion [1] - Tianfeng Securities is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure and illegal financing [1] Share Buybacks - Demai Technology raised the upper limit for share repurchase to RMB 45 per share [5] - Jianbang Technology plans to repurchase shares worth between RMB 15 million and RMB 30 million [5] - Huayuan Holdings intends to repurchase shares worth between RMB 30 million and RMB 60 million [5] Major Investments - Jinling Pharmaceutical plans to invest RMB 893 million in hospital expansion projects [7] - Dongfang Mingzhu intends to invest approximately RMB 500 million to establish a partnership and acquire part of the equity of New H3C [7] - Chang'an Automobile aims to establish a robotics company to develop innovative products and solutions [7] Mergers and Acquisitions - Kaizhong Co. plans to acquire 60% of Anhui Tuosheng's equity, with stock resuming trading on December 1 [7] - Youa Co. has resumed the review process for issuing shares and cash to purchase assets [7] - Jiasheng Technology intends to acquire controlling interest in Shudun Information Technology Co., with stock continuing to be suspended [7] Financing Activities - Shenzhen Energy plans to apply for a public bond issuance with a total scale not exceeding RMB 20 billion [7] - Huakong Saige has terminated its specific object stock issuance [7]

Core Viewpoint - The dispute over the control of Nexperia is a significant issue affecting the stability of the global semiconductor supply chain, with the company emphasizing its role as the legitimate shareholder and the need for resolution to prevent further disruption [1][3][4]. Group 1: Control Rights and Supply Chain Stability - The illegal deprivation of control rights over Nexperia by Nexperia Netherlands is identified as the root cause of the current chaos in the global semiconductor supply chain [1][3]. - The Chinese Ministry of Commerce has pointed out that the responsibility for the supply chain turmoil lies with the Dutch side, particularly due to improper interventions by the Dutch Ministry of Economic Affairs [1][3]. - The control rights dispute is not merely a corporate governance issue but poses risks to supply chains across various industries, including automotive and industrial automation, potentially affecting thousands of customers and multiple countries [3][4]. Group 2: Communication and Resolution Efforts - The company has expressed a willingness to engage in constructive dialogue with Nexperia Netherlands to restore its legitimate control rights and resolve the current dispute [2][4]. - Despite multiple attempts to communicate and seek solutions, Nexperia Netherlands has been accused of avoiding core issues and lacking sincerity in negotiations [5][6]. - The company urges Nexperia Netherlands to acknowledge the fundamental problems and engage in discussions to restore control rights and protect shareholder interests [6]. Group 3: Call to Action - The company calls for Nexperia Netherlands to stop distorting facts and misleading the public, emphasizing the need for a transparent approach to address the control rights dispute [6]. - It is crucial for Nexperia Netherlands to respond to the legitimate demands for restoring control rights and to propose constructive solutions to facilitate dialogue [6]. - The company believes that the healthy development of the global semiconductor industry relies on collaborative efforts and respect for market rules, urging Nexperia Netherlands to act responsibly [6].

此后，全球汽车供应链发生"大地震"，美国、欧洲和日本等地的汽车制造商均面临芯片供应危机，多家 汽车企业的工厂不得不调整生产计划。 11月14日，在安世中国抗议荷兰部分高层采取断供晶圆等手段恶意阻挠和干扰在华子公司经营后，安世 荷兰不知悔改，反质疑中国公司的库存管理存在问题。 哪怕是在中方为维护全球供应链稳定，对符合条件的出口予以豁免后，安世荷兰仍得寸进尺，宣称"虽 然这标志着进展，但这是通过豁免方式放宽出口限制，而非供应链的全面恢复。" 荷兰政府强抢中资控股企业安世半导体，引发供应链断裂危机！ 据路透社当地时间11月27日报道，安世半导体的荷兰子公司当天在一封公开信中倒打一耙，声称他们曾 多次尝试与安世半导体的中国子公司恢复对话，但始终没有收到回复。 "安世荷兰曾多次尝试通过电话、电子邮件和提议举行会议等方式，与安世在中国的实体重新建立对 话，这些尝试既有正式的，也有非正式的，"这封公开信写道："遗憾的是，安世方面没有收到任何实质 性的回应。" 11月23日，作为安世半导体的母公司，中国半导体领军企业闻泰科技曾在微信公众号发布声明，敦促安 世荷兰切实回应沟通解决控制权问题以保障全球供应链稳定。 声明称，我们要 ...

Core Viewpoint - The ongoing dispute between Wentech Technology and Nexperia Netherlands over control rights is causing significant disruptions in the global semiconductor supply chain, with potential risks to various industries including automotive and industrial automation [3][4]. Group 1: Company Statements - Wentech Technology responded to Nexperia Netherlands' open letter, claiming that the letter contains misleading accusations and false information [3]. - The company emphasized its willingness to negotiate and seek solutions, contradicting Nexperia's claims of lack of response from Wentech [3]. - Wentech reiterated that it is not seeking additional benefits but aims to restore its legitimate rights and control over Nexperia [3]. Group 2: Supply Chain Implications - Wentech warned that failure to resolve the control dispute could lead to supply chain disruptions for numerous clients, affecting production schedules in the automotive sector and stability in industrial automation [4]. - The company highlighted that the ongoing legal issues, exacerbated by the Dutch Ministry of Economic Affairs' interference, have already led to chaos in the global semiconductor supply chain [3][4]. - Wentech called for the courts to withdraw measures such as appointing independent directors to restore its control over Nexperia [4].

Core Viewpoint - The dispute over the control of Nexperia is a significant issue affecting the stability of the global semiconductor supply chain, with the company asserting that its rights have been unlawfully stripped, leading to supply chain disruptions [1][3][4]. Group 1: Control Rights and Supply Chain Impact - The company claims that the illegal deprivation of its control rights over Nexperia is the root cause of the current chaos in the global semiconductor supply chain, as highlighted by the Chinese Ministry of Commerce [1][3]. - Nexperia is identified as a critical node in the global semiconductor supply chain, with its products integral to various industries, including electric vehicles and industrial automation [3]. - If the control dispute remains unresolved, numerous clients may face supply chain disruptions, affecting production schedules and operational stability across multiple sectors [3]. Group 2: Communication and Resolution Efforts - The company has expressed a willingness to engage in constructive dialogue with Nexperia Netherlands to restore its legal control rights and resolve the ongoing dispute [2][4]. - Despite the company's proactive outreach and willingness to negotiate, Nexperia Netherlands has allegedly failed to respond to these overtures, avoiding the core issues at hand [5][6]. Group 3: Urgent Call for Action - The company urges Nexperia Netherlands to acknowledge the core issues and engage in meaningful discussions to address the control rights dispute, which is seen as essential for restoring stability to the semiconductor supply chain [7]. - The company emphasizes that the resolution of this dispute is not about seeking additional benefits but about reclaiming its rightful control and shareholder rights [4].

Core Viewpoint - The statement from Wentech Technology emphasizes the illegitimate deprivation of its control rights over Nexperia, which is seen as a root cause of the current turmoil in the global semiconductor supply chain [1][4]. Group 1: Control Rights Dispute - Wentech Technology claims that the control rights and shareholder interests of Nexperia have been unlawfully stripped, leading to chaos in the global semiconductor supply chain [1][4]. - The Chinese Ministry of Commerce has indicated that the source of the global semiconductor supply chain disruption lies with the Dutch side, particularly due to improper interventions by the Dutch Ministry of Economic Affairs [1][3]. Group 2: Importance of Nexperia - Nexperia is described as a critical node in the global semiconductor supply chain, with its products integrated into various key sectors, including electric vehicles, industrial automation, and consumer electronics [3]. - Failure to resolve the control rights dispute could result in supply chain disruptions for numerous clients, affecting production schedules and operational stability across various industries [3]. Group 3: Communication Efforts - Wentech Technology has expressed a willingness to engage in constructive dialogue with Nexperia Netherlands to restore its legal control rights and resolve the current dispute [2][4]. - Despite multiple attempts to communicate, Nexperia Netherlands has reportedly avoided addressing the core issues and has not provided any conditions for negotiation [5][6]. Group 4: Urgent Call for Resolution - Wentech Technology urges Nexperia Netherlands to acknowledge the core issues and engage in discussions to restore control rights, which is deemed essential for stabilizing the semiconductor supply chain [7][8]. - The company emphasizes that the resolution of this dispute is not only about its own rights but also about safeguarding the interests of the entire global semiconductor ecosystem [3][8].

针对隔夜荷兰安世半导体的公开信，闻泰科技方面再度发表公开声明"回怼"。 闻泰科技表示，注意到安世荷兰于11月27日致安世中国领导层的公开信，称该信中存在大量混淆视听的不实指控和虚假信息。 对此，闻泰科技强调，公司并非追求额外诉求或新的利益，而是要恢复本就属于公司的合法权利，恢复闻泰科技对安世半导体 的合法控制权与完整股东权利。 此外，闻泰科技还再次强调了无法恢复控制权导致新能源车、工业自动化设备和消费电子能源管理板块交付问题产生，并导致 全球供应链动荡的可能。荷兰经济部不当干预下，安世荷兰通过向企业法庭发起不当的诉讼程序，非法地剥夺了闻泰科技作为 安世半导体股东的控制权和合法股东权益，才导致了今天全球半导体供应链的混乱和动荡。 "因此，如果这一切无法得到恢复，全球半导体供应链的稳定畅通将无从谈起。"闻泰科技在声明中表示。 "若安世半导体的控制权争议得不到解决，众多客户将面临供应链断裂的风险，车企的生产交付计划可能被迫调整；工控设备领 域的供应链也将随之动荡，工业生产的稳定性与连续性将受到严重影响，众多企业的交付周期、成本控制、市场竞争力都将受 到严重波及。"闻泰科技指出。 此前，荷兰经济事务部发表声明，暂停由 ...