Core Viewpoint - The announcement by the Dutch Minister of Economic Affairs and Climate Policy, Vincent Karremans, to suspend the ministerial order affecting the subsidiary, Anshi Semiconductor, is a significant development, although the court ruling from October 7, 2025, remains in effect, limiting the company's control over Anshi [1][3][4]. Group 1: Announcement Details - On November 19, 2025, the Dutch Minister announced the suspension of the ministerial order that restricted Anshi Semiconductor and its global entities from making any adjustments to their assets, intellectual property, business, and personnel for one year [1][3]. - The minister's statement indicated that the suspension was a constructive measure in light of recent developments and followed consultations with European and international partners [3]. Group 2: Ongoing Legal Context - Despite the suspension of the ministerial order, the court ruling from October 7, 2025, remains valid and continues to impose restrictions on the company's control over Anshi [4]. - The company is actively communicating with international legal teams to explore legal remedies and is committed to protecting the rights of the company and its shareholders [1][4].

Core Viewpoint - The announcement from the Dutch Minister of Economic Affairs and Climate Policy indicates a temporary suspension of the ministerial order against ASML, which had previously restricted the company's operations globally, although the court ruling remains in effect [1] Group 1 - The Dutch Minister Vincent Karremans stated that it is an appropriate time to take constructive measures in light of recent developments [1] - The ministerial order issued on September 30, 2025, prohibited ASML and its global subsidiaries from making any adjustments to their assets, intellectual property, business, and personnel for a duration of one year [1] - Despite the suspension of the ministerial order, the corporate court ruling from October 7, 2025, remains in effect, meaning that the company's control over ASML is still limited [1]

Core Viewpoint - Recently, the company announced that its subsidiary, Anshi Semiconductor Co., Ltd., and its holding company received a ministerial order from the Dutch Ministry of Economic Affairs and Climate Policy, which imposes restrictions on their operations and management for one year starting from September 30, 2025 [2][4]. Group 1 - On September 30, 2025, the Dutch Ministry issued a ministerial order prohibiting Anshi and its global subsidiaries from making any adjustments to their assets, intellectual property, business, and personnel for one year [2]. - On October 1, 2025, Anshi Semiconductor and its holding company filed an urgent request for an investigation and temporary measures with the corporate court, which led to immediate emergency measures being enacted [3]. - The corporate court's emergency measures included suspending the executive and non-executive director roles of Zhang Xuezheng and appointing an independent foreign director with decisive voting rights [4]. Group 2 - The corporate court's ruling resulted in the temporary loss of governance and voting rights for the holding company, except for one share, while the economic rights of the company as a shareholder remain unaffected [4]. - The company is actively communicating with suppliers and customers to maintain stability in its workforce, production order, and sales channels, while also seeking legal remedies and government support [5][6]. - The company's stock and convertible bonds will resume trading on October 13, 2025, allowing for the conversion of its convertible bonds [6].

Core Viewpoint - Recently, the company announced that its subsidiary, Anshi Semiconductor, received a ministerial order and a court ruling from the Netherlands, which will impact its operational flexibility and decision-making processes for a year [1] Group 1: Regulatory Actions - The Dutch Ministry of Economic Affairs and Climate Policy issued a ministerial order on September 30, 2025, prohibiting Anshi and its global subsidiaries from making any adjustments to their assets, intellectual property, business, and personnel for one year [1] - The Amsterdam Court of Appeal's corporate court also ruled in favor of the ministerial order, reinforcing the restrictions on Anshi's operations [1] Group 2: Operational Impact - Despite the ministerial order, Anshi's daily operations will continue, but the company will face temporary changes in decision-making processes and reduced flexibility in resource allocation [1] - The operational efficiency of the company may be affected due to the imposed restrictions [1] Group 3: Financial Implications - The company's control over Anshi is temporarily limited; however, the economic rights of the company as a shareholder remain unaffected [1] - The company's stock and convertible bonds will resume trading on October 13, 2025, following the disclosure of this significant information [1]