Zheng Quan Shi Bao·2025-10-12 09:32Core Viewpoint - Wentech Technology (600745) announced important information regarding the resumption of trading for its stock and convertible bonds, effective October 13, 2025, following a recent ministerial order and court ruling affecting its subsidiary, Anshi Semiconductor [2][3]. Group 1: Trading Resumption - Wentech Technology's stock and convertible bonds (Wentech Convertible Bonds, code: 110081) will resume trading on October 13, 2025, after being suspended since October 10, 2025 [2][3]. - The convertible bonds will also resume conversion rights on the same date [2][3]. Group 2: Legal Developments - Anshi Semiconductor and its holding company received a ministerial order from the Dutch Ministry of Economic Affairs and Climate Policy on September 30, 2025, prohibiting any adjustments to their assets, intellectual property, business, and personnel for one year [3][4]. - On October 1, 2025, Anshi's management submitted an urgent request to the corporate court for an investigation and temporary measures, leading to immediate emergency measures including the suspension of certain executive roles [4][5]. Group 3: Court Rulings - The corporate court ruled on October 7, 2025, to temporarily suspend specific executive positions and appointed an independent foreign individual as a non-executive director with decisive voting rights [5][6]. - The court also mandated that the shares of Anshi Semiconductor be managed by a designated third party for management purposes [6]. Group 4: Operational Impact - Despite the legal challenges, Anshi's daily operations continue, although the company anticipates temporary changes in decision-making processes and resource allocation, potentially affecting operational efficiency [7]. - The company retains economic rights as a shareholder, but its control over Anshi Semiconductor is currently limited [7]. Group 5: Financial Performance - In the first half of 2025, Wentech Technology reported revenue of 25.341 billion yuan, a decrease of 24.56% year-on-year, while net profit attributable to shareholders increased by 237.36% to 474 million yuan [8].