Core Viewpoint - The company is actively engaged in legal proceedings in the Netherlands regarding the control dispute of Anshi Semiconductor, aiming to protect its and its shareholders' legal rights [2][10]. Group 1: Legal Proceedings and Control Dispute - The company has initiated multiple legal actions in the Netherlands to address the control dispute over Anshi Semiconductor [2][10]. - The company has submitted a dispute notice on October 15, claiming that the Dutch government's intervention violates the China-Netherlands Bilateral Investment Protection Agreement, with potential claims reaching up to $8 billion [10]. - The company is prepared to seek international arbitration if the issue is not resolved within six months [10]. Group 2: Supply Chain Stability - The company is focused on ensuring supply chain stability, with plans to validate domestic wafer suppliers to mitigate risks [2][4]. - Anshi China has resumed shipments since mid-October, delivering over 11 billion chips to more than 800 global customers [6]. - The company aims for domestic production to account for 80% of its overall capacity, with the Chinese market representing about 50% of global sales [6]. Group 3: Business Operations and Strategic Adjustments - The company has approved the appointment of Gan Peizhong as an independent director, who has extensive experience in economic law and corporate governance [10]. - Following the control dispute, the company has made personnel adjustments, including hiring a new president with a strong legal background to enhance governance and compliance [10][11]. - The chairman and president have clearly defined roles, with the president executing board decisions and the chairman overseeing overall strategy [11].
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