WINGTECH(SH:600745) Zheng Quan Shi Bao Wang·2025-11-28 06:11Core Viewpoint - The recent open letter from Nexperia B.V. (Nexperia) emphasizes the urgent need for constructive dialogue with its Chinese entities to restore the supply chain, as clients are facing imminent production halts due to ongoing disruptions [1][2]. Group 1: Nexperia's Position - Nexperia has expressed its commitment to constructive cooperation with its Chinese entities and has made multiple attempts to re-establish dialogue to restore normal supply chains [1]. - The company has called for immediate action from the leadership of its Chinese entities to engage in structured negotiations and restore predictable supply flows, including production schedules and delivery timelines [1]. - Nexperia has indicated that it continued to supply wafers to its Chinese factories during the export restrictions in October, contradicting earlier statements about halting supplies [2]. Group 2: Chinese Government's Response - The Chinese Ministry of Commerce has stated that the root cause of the current disruptions in the global semiconductor supply chain lies with the Dutch side, urging for constructive solutions from the Netherlands [3]. - The Chinese government has taken responsible measures to maintain and restore stability in the global semiconductor supply chain, despite ongoing uncertainties [3]. - Both Chinese and European officials have agreed that companies should lead the resolution of the Nexperia issue and have committed to encouraging constructive communication between Nexperia's Dutch and Chinese entities [3].