安世控制权危机升级：荷兰企业法庭启动正式调查 闻泰科技被“架空”进入第二阶段

Group 1 - The control of Anshi Semiconductor by Wenta Technology remains in a deadlock, entering a prolonged second phase as the Amsterdam Court approved a formal investigation, maintaining the restricted status of control during this period [2][3] - Wenta Technology's performance forecast indicates a projected loss of 9 billion to 13.5 billion yuan for the year 2025, with recent downgrades to its credit ratings due to the ongoing control issues [2][4] - The court's ruling extends the "frozen" status of Anshi's control, with the investigation expanding to include the local management's actions, thereby prolonging the uncertainty surrounding Wenta Technology's control over Anshi [3][4] Group 2 - The impact of Anshi's control restrictions has evolved into a systemic risk for Wenta Technology, significantly affecting its financial performance and operational stability [5] - The company has reported that the control issues have led to substantial disruptions in global production, supply, and sales, threatening its position in the semiconductor supply chain [5][6] - The ongoing control restrictions are expected to have a major adverse effect on the company's 2025 performance, with potential risks related to goodwill from the acquisition of Anshi if the situation remains unresolved [6]