WINGTECH(SH:600745) Shang Hai Zheng Quan Bao·2025-10-12 08:42Core Viewpoint - Recently, the company announced that its subsidiary, Anshi Semiconductor Co., Ltd., and its holding company received a ministerial order from the Dutch Ministry of Economic Affairs and Climate Policy, which imposes restrictions on their operations and management for one year starting from September 30, 2025 [2][4]. Group 1 - On September 30, 2025, the Dutch Ministry issued a ministerial order prohibiting Anshi and its global subsidiaries from making any adjustments to their assets, intellectual property, business, and personnel for one year [2]. - On October 1, 2025, Anshi Semiconductor and its holding company filed an urgent request for an investigation and temporary measures with the corporate court, which led to immediate emergency measures being enacted [3]. - The corporate court's emergency measures included suspending the executive and non-executive director roles of Zhang Xuezheng and appointing an independent foreign director with decisive voting rights [4]. Group 2 - The corporate court's ruling resulted in the temporary loss of governance and voting rights for the holding company, except for one share, while the economic rights of the company as a shareholder remain unaffected [4]. - The company is actively communicating with suppliers and customers to maintain stability in its workforce, production order, and sales channels, while also seeking legal remedies and government support [5][6]. - The company's stock and convertible bonds will resume trading on October 13, 2025, allowing for the conversion of its convertible bonds [6].