WINGTECH(SH:600745) Guan Cha Zhe Wang·2025-11-28 05:57Core Viewpoint - The article discusses the ongoing "Anshi Chaos" involving ASML and the Dutch government's actions, highlighting the complexities of international relations and the implications for Chinese companies in the semiconductor industry. Group 1: Background of the Incident - The European Commission's trade and economic security commissioner expressed gratitude to China for its efforts in resolving the ASML semiconductor issue and indicated a willingness to work together to de-escalate tensions [1] - The Dutch Minister of Economic Affairs announced the suspension of regulatory decisions regarding ASML in response to China's "goodwill," which has been interpreted by many foreign media as a return of control to ASML [1] - Despite the suspension, the underlying issues that triggered the "Anshi Chaos" remain unresolved, indicating that the situation is far from over [1][2] Group 2: Legal and Administrative Developments - The Dutch administrative order has been challenged in court, and the suspension does not alleviate the immediate concerns of Wintech Technology, which is still facing restrictions on its rights [2][4] - The Dutch government's statement regarding the suspension was poorly formatted and lacked clarity, raising questions about its legitimacy [3] - Wintech Technology criticized the Dutch government's response as inadequate, emphasizing that the core issues have not been addressed [4][5] Group 3: International Relations and Strategic Implications - The article suggests that the "Anshi Chaos" may have been a calculated move influenced by external forces, particularly the United States, to undermine China's semiconductor capabilities [7][8] - Evidence indicates that the Dutch government had been in discussions with the U.S. regarding semiconductor regulations prior to the incident, suggesting a coordinated effort to limit China's technological advancements [9][10] - The relationship between the Netherlands and China has been complex, with significant trade growth, yet the Dutch government is increasingly succumbing to U.S. pressure regarding semiconductor exports [20][21] Group 4: Future Considerations for Chinese Companies - The article emphasizes the need for Chinese companies to adapt and strengthen their international strategies in light of the challenges posed by foreign regulatory actions [30][39] - It calls for a coordinated response from the government, enterprises, and society to enhance China's capabilities in dealing with international pressures and to protect the rights of Chinese companies abroad [30][41] - The importance of developing a robust legal and operational framework to safeguard against similar incidents in the future is highlighted, suggesting that a proactive approach is essential for maintaining competitiveness in the global market [40][41]