WINGTECH(SH:600745) Guan Cha Zhe Wang·2025-10-31 01:08Core Viewpoint - The Dutch government's forced takeover of Nexperia, a subsidiary of China's Wingtech Technology, has significant implications for Sino-Dutch relations and the global automotive supply chain, exacerbating the ongoing chip shortage crisis [1][4]. Group 1: Company Actions and Responses - Wingtech Technology has set a high bar for negotiations with the Dutch government, insisting that any agreement to resume exports from Nexperia must include the reinstatement of its former CEO [1]. - The spokesperson for Wingtech Technology denied any wrongdoing, asserting that there was no technology transfer or theft involved, and emphasized that technology sharing is a common practice in the semiconductor industry [3]. - Following the Dutch government's intervention, Nexperia's operations in China have been restricted, leading to a planned "four days on, three days off" work schedule, which poses challenges for supply chain localization [4]. Group 2: Impact on the Industry - The Dutch government's actions have caused a "major earthquake" in the global automotive supply chain, with European automakers facing potential production halts due to the chip supply shortage from Nexperia [5]. - A report indicated that 86% of major European companies in various industries rely on chips produced by Nexperia's Chinese facilities, highlighting the widespread risk to European industrial sectors [5]. - The Chinese government has expressed its opposition to the Dutch actions, emphasizing the need to avoid politicizing trade issues and maintain market principles [5].