WINGTECH(SH:600745) Zhong Guo Xin Wen Wang·2025-11-19 13:33Core Viewpoint - The recent negotiations between China and the Netherlands regarding ASML's semiconductor issues highlight the ongoing tensions in the global semiconductor supply chain, with China urging the Netherlands to take concrete actions to resolve the situation and restore stability [2]. Group 1: Negotiation Details - On November 18 and 19, Chinese and Dutch government departments held two rounds of face-to-face negotiations in Beijing concerning ASML [2]. - China emphasized that the root cause of the current global semiconductor supply chain disruption lies with the Netherlands and urged them to take effective actions to resolve the ASML issue [2]. Group 2: Responses and Actions - The Dutch side proposed to suspend the administrative order issued by the Dutch Minister of Economic Affairs under the "Goods Availability Act" [2]. - China welcomed the Dutch's decision to suspend the administrative order, viewing it as a positive step towards resolving the issue, but noted that further actions are needed to fully address the root causes of the supply chain turmoil [2]. Group 3: Key Obstacles - The erroneous ruling by the Dutch enterprise court, which stripped Wingtech Technology of its control over ASML, remains a significant obstacle to resolving the issue [2]. - Both parties agreed on the need to eliminate administrative interventions and support companies in resolving internal disputes through negotiation, thereby protecting investors' rights and creating favorable conditions for restoring the global semiconductor supply chain [2].