Core Viewpoint - The company firmly opposes the Dutch government's intervention in Nexperia's operations, arguing that it politicizes commercial issues and is based on unfounded "national security" claims, which contradicts the principles of market economy and fair competition promoted by the EU [2][3]. Group 1: Company Operations and Contributions - Since the acquisition of Nexperia, the company has adhered to local laws and regulations, maintaining transparency and governance standards, contributing significantly to the European semiconductor industry [3]. - Nexperia has established R&D and manufacturing centers in the Netherlands, Germany, and the UK, employing thousands of workers and contributing €130 million in corporate income tax over the past five years [3]. - The company has seen a substantial increase in R&D investment, growing over 150% in the last three years, and has increased its global patent count by nearly a thousand [3]. Group 2: Financial Performance - Nexperia's revenue peaked at €2.36 billion in 2022, with gross margin rising from 25% in 2020 to 42.4% in 2022 [5]. - The company is projected to achieve "zero debt" status by October 2024, having repaid all prior debts [5]. - R&D investment has steadily increased from €112 million in 2019 to €284 million in 2024, with a growing proportion of capitalized expenditures [5][6]. Group 3: Legal and Political Context - Internal legal actions by certain foreign management members are viewed as malicious attempts to alter Nexperia's ownership structure, closely linked to the Dutch government's directives [7]. - The company condemns these actions as attempts to undermine shareholder rights and disrupt legitimate governance structures [7]. - The company has initiated legal and diplomatic measures to demand the immediate withdrawal of the Dutch government's erroneous directives and to stop systemic discrimination against Chinese enterprises [8]. Group 4: Industry Perspective - The semiconductor industry is characterized by globalization, and its future relies on collaboration rather than confrontation [9]. - The company calls for governments to provide a fair and non-discriminatory business environment, rather than weaponizing technological cooperation [9].

Core Viewpoint - The company strongly opposes the Dutch government's intervention in Nexperia's operations, arguing that it politicizes commercial issues and is based on unfounded "national security" claims, which contradicts the principles of market economy and fair competition advocated by the EU [1]. Group 1: Company Position - The company asserts that Nexperia has consistently complied with laws and regulations since its acquisition, contributing significantly to the European semiconductor industry [1]. - Nexperia has established R&D and manufacturing centers in the Netherlands, Germany, and the UK, employing thousands of workers [1]. - Over the past three years, Nexperia's R&D investment has increased by over 150%, and the number of global patents has risen by nearly a thousand [1]. Group 2: Financial Performance - Nexperia's revenue reached a peak of €2.36 billion in 2022, with gross margin increasing from 25% in 2020 to 42.4% in 2022 [3]. - By October 2024, Nexperia is expected to have paid off all prior debts, achieving a "zero debt" operation [3]. - R&D investment has steadily grown from €112 million in 2019 to €284 million in 2024, with an increasing proportion of capitalized expenses [3]. Group 3: Legal and Political Context - Internal legal actions by some foreign management members are viewed as malicious attempts to alter Nexperia's ownership structure, closely linked to the Dutch government's directives [4]. - The company condemns these actions as attempts to undermine shareholder rights and disrupt the legitimate governance structure [4]. Group 4: Future Commitment - The company, as a long-term strategic shareholder, will not yield to external political pressure and has initiated all legal and diplomatic avenues to demand the Dutch government retract its erroneous directives and cease systemic discrimination against Chinese enterprises [5]. - The company emphasizes the importance of maintaining an open and cooperative global semiconductor supply chain, advocating for a rational and non-discriminatory business environment [6].

Core Viewpoint - The article discusses the recent challenges faced by Wentech Technology due to the Dutch government's directive to freeze its subsidiary, Nexperia, highlighting geopolitical tensions and the impact on the semiconductor industry [2][4]. Group 1: Government Intervention - The Dutch government issued a directive on September 30 to freeze Nexperia's operations for one year, affecting assets and intellectual property [2]. - Nexperia's foreign executives requested Wentech to transfer its equity in the subsidiary and suspended the CEO appointed by Wentech [2]. - Wentech protested against the Dutch government's actions, claiming they are based on unfounded "national security" concerns and represent systemic discrimination against Chinese enterprises [2][5]. Group 2: Financial Performance - Since acquiring Nexperia, Wentech has maintained compliance with local laws and has significantly improved the subsidiary's financial performance [4]. - Nexperia's revenue peaked at €2.36 billion in 2022, with gross margins increasing from 25% in 2020 to 42.4% in 2022 [4]. - The company has achieved "zero debt" status by October 2024, having repaid all previous debts [4]. Group 3: Research and Development - Wentech's R&D investment has steadily increased from €112 million in 2019 to €284 million in 2024, with a growing proportion of capitalized expenses [4]. - The number of new global patent applications surged from an average of 10-15 per year before 2019 to 110 in 2024, indicating a strong focus on innovation [4]. Group 4: Call for Collaboration - Wentech emphasizes the importance of a collaborative global semiconductor industry and calls for an end to political pressures that undermine fair competition [5]. - The company is committed to using legal and diplomatic channels to challenge the Dutch government's directive and to advocate for a non-discriminatory business environment [5].

Core Viewpoint - The announcement from Wentech Technology reveals that its core semiconductor assets, Nexperia, are facing dual restrictions from the Dutch government and judicial authorities, resulting in the freezing of assets for 30 global entities, temporarily limiting the company's control over Nexperia [1][3]. Group 1: Company Response - Wentech Technology issued a statement opposing the Dutch government's intervention, arguing that the actions are politically motivated and not based on factual risk assessments [3]. - The company emphasized its compliance with local laws and regulations since acquiring Nexperia, highlighting a contribution of €130 million in corporate income tax to the Dutch economy over the past five years [3]. - Wentech Technology stated that it will not yield to external political pressure and has initiated legal and diplomatic avenues to demand the withdrawal of the Dutch government's directive [5]. Group 2: Financial Performance - Nexperia's revenue peaked at €2.36 billion in 2022, with a significant increase in gross margin from 25% in 2020 to 42.4% in 2022 [3]. - The company achieved a "zero debt" operation by October 2024, having repaid all prior debts [3]. Group 3: Research and Development - Nexperia's R&D investment has steadily increased from €112 million in 2019 to €284 million in 2024, with a growing proportion of capitalized expenses [4]. - The number of new global patent applications surged significantly, with 95 applications in 2023 and projected 110 in 2024, compared to 10-15 annually before 2019 [4]. Group 4: Governance Issues - The statement indicated that some foreign management members are attempting to alter Nexperia's ownership structure through legal means, which is linked to the Dutch government's directives [4]. - Wentech Technology condemned these actions as attempts to undermine shareholder rights and disrupt the company's legitimate governance structure [4].

Core Viewpoint - The article discusses the recent intervention by the Dutch government regarding Nexperia, a subsidiary of Wentech Technology, highlighting governance issues and the impact on the company's operations and management structure [5][6][15]. Group 1: Government Intervention - On September 30, 2025, the Dutch Ministry of Economic Affairs issued an order preventing Nexperia and its global subsidiaries from making any adjustments to their assets, intellectual property, and personnel for one year [1]. - The intervention was prompted by "serious governance shortcomings and actions within Nexperia," aiming to prevent potential shortages of goods produced by the company, which are critical for the European automotive and consumer electronics industries [5][6]. Group 2: Court Rulings and Management Changes - On October 1, 2025, Nexperia's legal representatives submitted an urgent request to the corporate court for an investigation and temporary measures, leading to immediate actions including the suspension of certain executive roles [2][3]. - The corporate court's ruling on October 7, 2025, included the appointment of an independent foreign director with decisive voting rights and the management of Nexperia's shares by a third party [3][4]. Group 3: Company Response and Impact - Wentech Technology stated that while Nexperia's daily operations continue, the government order and court ruling may temporarily affect decision-making processes and operational efficiency [3][4]. - The company is actively communicating with suppliers and customers to maintain stability and is exploring legal remedies to protect shareholder rights [4][15]. Group 4: Financial and Operational Background - Nexperia, acquired by Wentech Technology in 2018, has become a leading global semiconductor company, with significant contributions to the European semiconductor supply chain [11][17]. - In the fiscal year 2024, Nexperia reported revenues of $2.06 billion, with a market share increase from 8.9% in 2023 to 9.7% in 2024 [12]. Group 5: Strategic Focus and Future Outlook - Wentech Technology has shifted its focus to semiconductor operations, emphasizing the development of high-performance semiconductors for automotive and industrial applications [13][14]. - The company plans to enhance its product matrix and expand into high-voltage and analog fields, capitalizing on the growing demand for electric vehicles and AI technologies [13][14].

Core Viewpoint - The recent intervention by the Dutch government has temporarily restricted the control of Wentech Technology over its subsidiary, Nexperia, due to national security concerns, leading to significant operational and governance challenges for the company [11][12]. Group 1: Company Overview - Nexperia, a subsidiary of Wentech Technology, is a leading global manufacturer of discrete and power chips, with approximately 16,000 product types and projected revenue of about 14.7 billion RMB in 2024, accounting for one-sixth of Wentech's total revenue [1]. - Nexperia's revenue peaked at 2.36 billion euros in 2022, with a gross margin increase from 25% in 2020 to 42.4% in 2022 [12]. - The company has achieved a "zero debt" status by October 2024, having repaid all previous debts [12]. Group 2: Recent Developments - On October 9, 2025, Wentech Technology's stock and convertible bonds were suspended due to undisclosed important information, with a planned resumption on October 13, 2025 [2]. - The Dutch Ministry of Economic Affairs issued a ministerial order on September 30, 2025, prohibiting Nexperia and its global subsidiaries from making any adjustments to their assets, intellectual property, business, or personnel for one year [4]. - Following the ministerial order, Nexperia's management filed an urgent request for an investigation and temporary measures with the Amsterdam Court of Appeal [4]. Group 3: Legal and Governance Issues - The Amsterdam Court of Appeal imposed several emergency measures, including the suspension of Zhang Xuezheng from his executive roles and the appointment of an independent foreign director with decisive voting rights [5][6]. - As a result of the court's ruling, Wentech Technology temporarily lost control over 99 shares of Nexperia, although its economic rights as a shareholder remain intact [6]. - The company has condemned the actions of certain foreign management members attempting to alter Nexperia's ownership structure under the guise of compliance, viewing it as a political maneuver to undermine shareholder rights [12]. Group 4: Company Response - Wentech Technology is actively pursuing legal remedies and engaging with international law firms to protect its rights and interests, while maintaining communication with suppliers and customers to stabilize operations [7][11]. - The company has expressed strong opposition to the Dutch government's actions, labeling them as discriminatory and politically motivated, and has called for the immediate withdrawal of the erroneous directives [11][12]. - Wentech Technology emphasizes the importance of a fair and non-discriminatory business environment for the semiconductor industry, advocating for collaboration over confrontation [13].

Core Viewpoint - The company firmly defends its legal rights and criticizes the Dutch government's actions against Nexperia as politically motivated and discriminatory towards Chinese enterprises [4][10]. Group 1: Company Response - The company condemns the Dutch government's decision to freeze Nexperia's global operations under the pretext of "national security," arguing it is an excessive intervention based on geopolitical bias rather than factual risk assessment [4]. - The company expresses strong opposition to the actions of certain foreign executives attempting to alter Nexperia's ownership structure through legal means, viewing it as a political maneuver to undermine shareholder rights and disrupt the company's governance [4][10]. Group 2: Financial Performance and Achievements - Following the acquisition of Nexperia, the company has significantly improved its operational quality, with Nexperia's revenue reaching a peak of €2.36 billion in 2022 and gross margin increasing from 25% in 2020 to 42.4% in 2022 [5]. - Nexperia is projected to achieve a "zero debt" status by October 2024, having repaid all prior debts [5]. - Research and development investments have steadily increased from €112 million in 2019 to €284 million in 2024, with a growing proportion of capitalized expenditures [5]. - The number of new global patent applications has surged, with 95 applications in 2023 and a projected 110 in 2024, compared to an average of 10-15 annually before 2019 [5]. Group 3: Legal and Diplomatic Actions - The company has initiated all necessary legal and diplomatic measures to demand the immediate withdrawal of the Dutch government's erroneous directive and to stop systemic discrimination against Chinese enterprises [10]. - The company emphasizes the importance of a collaborative rather than confrontational approach in the global semiconductor industry, advocating for a fair and non-discriminatory business environment [10].

Core Viewpoint - The Dutch government's decision to freeze global operations of Nexperia, a subsidiary of Wingtech Technology, is criticized as an excessive intervention based on geopolitical bias rather than factual risk assessment [1][2] Group 1: Company Actions and Financial Performance - Wingtech Technology has completed a 100% acquisition of Nexperia, leading to significant improvements in operational quality, financial performance, technological asset accumulation, operational resilience, and market position [6] - Nexperia's revenue reached a peak of €2.36 billion in 2022, with gross margin increasing from 25% in 2020 to 42.4% in 2022 [6] - By October 2024, Nexperia is expected to have paid off all previous debts, achieving a "zero debt" operation [6] - R&D investment at Nexperia has steadily increased from €112 million in 2019 to €284 million in 2024, with a growing proportion of capitalized investments [6] - The number of new patent applications globally has significantly increased since 2022, totaling more than the combined applications of the previous 3-4 years [6] Group 2: Legal and Political Context - Certain foreign management at Nexperia is attempting to change the company's equity structure through legal means, which is closely linked to the Dutch government's directives, essentially using political pressure to undermine shareholder rights and disrupt the company's legitimate governance structure [7] - The company condemns actions disguised as "compliance" that are fundamentally aimed at seizing control [7] - Wingtech Technology, as a long-term strategic shareholder, will not yield to external political pressure and has initiated all legal and diplomatic avenues to advocate for rationality and the essence of business [9] Group 3: Industry Perspective - The semiconductor industry is a product of globalization, and its future relies on collaboration rather than confrontation [10] - Governments should provide a fair and non-discriminatory business environment for enterprises instead of weaponizing technological cooperation [10] - The company expresses a commitment to work with all partners to maintain stability and innovation in the semiconductor industry [10]