Monday, November 24, 2025On November 23rd, Wingtech Technology released the "Statement Urging Nexperia Netherlands to Earnestly Respond to Communications and Resolve the Control Right Issue to Safeguard the Stability of the Global Supply Chain" on its official WeChat public account.


Wingtech TechnologyNovember 23rd, 2025 18:42 JiangsuRecently, we have noticed a series of unilateral actions by Nexperia Netherlands and its related parties, which have posed potential threats to the stability of the global semiconductor industry chain. To prevent the situation from further escalating and safeguard the legitimate rights and interests of all parties, our company hereby issues the following statement:Since the improper intervention by the Dutch Ministry of Economic Affairs, adhering to the principle of responsibility and safeguarding the interests of global customers, with the strong assistance and promotion of relevant Chinese government departments, we have taken the initiative to show goodwill and clearly expressed our willingness to conduct constructive communications with Nexperia Netherlands on how to restore Wingtech Technology's legitimate control rights and properly resolve the current disputes. We have always believed that resolving differences through candid dialogue is a practical and correct approach to ensuring the normal operation of the company and the stability of global chip supply.However, it is deeply regrettable and puzzling that despite our utmost sincerity, Nexperia Netherlands has so far not made any substantive response to our communication proposals.In view of this, we request Nexperia Netherlands to put forward constructive and truly sincere solutions on how to restore Wingtech Technology's legitimate control rights and complete shareholder rights on the basis of earnestly respecting facts and laws.The stability of the global semiconductor industry is crucial to the overall development of the industry. We once again call on all parties to act in a rational and responsible manner, jointly safeguard the stability and prosperity of Nexperia Semiconductor, and ensure the supply chain security of global customers.Wingtech Technology Co., Ltd.November 23rd, 2025
Source: Wingtech Technology's official WeChat public account
This is Wingtech Technology's third official statement since the Netherlands announced on November 19th that it had "suspended its intervention in Nexperia Semiconductor". The specific content and timeline are as follows:
On November 19th, Wingtech Technology released the "Progress Report on the Operation and Management of Subsidiaries". The announcement stated that the ministerial order suspended as referred to in the statement by the Minister of Economic Affairs and Climate Policy of the Netherlands is the order issued by the Ministry of Economic Affairs and Climate Policy of the Netherlands to Nexperia on September 30th, 2025 (Netherlands time). This ministerial order requires Nexperia and all its global 30 entities including subsidiaries, branches, and offices to refrain from making any adjustments to their assets, intellectual property rights, businesses, and personnel, with a validity period of one year.
Although the aforementioned ministerial order has been announced as suspended, the emergency measures ruled by the Enterprise Court on October 7th, 2025 (Netherlands time) remain in effect and have not been affected by the suspended ministerial order in any way. All emergency measures of the Enterprise Court as explained in the company's announcement on October 13th are still ongoing, and the company's control over Nexperia is still restricted. Investors are advised to pay attention to investment risks.
On November 20th, Wingtech Technology released the "Statement by Wingtech Technology on the Suspension of the Administrative Order by the Dutch Ministry of Economic Affairs" on its official WeChat public account. The statement pointed out that although the administrative order has been announced as suspended, the emergency measures issued by the Enterprise Court of the Amsterdam Court of Appeal in the Netherlands have not been lifted. The Dutch Ministry of Economic Affairs is obligated to thoroughly and comprehensively resolve the Nexperia Semiconductor issue, and Wingtech Technology's complete rights as a shareholder and its legitimate control over Nexperia must be restored.




Wingtech TechnologyNovember 20th, 2025 21:15 JiangsuWingtech Technology Co., Ltd. (hereinafter referred to as "Wingtech Technology" or "our company") has noticed the statement issued by the Minister of Economic Affairs and Climate Policy of the Netherlands (hereinafter referred to as "the Dutch Ministry of Economic Affairs") on November 19th, 2025, stating that it has "suspended the implementation of the administrative order issued to Nexperia on September 30th, 2025 in accordance with the Goods Availability Act". As the sole controlling shareholder of Nexperia Semiconductor, Wingtech Technology attaches great importance to this and hereby makes the following response regarding relevant matters:
We have noticed that the above-mentioned statement by the Dutch Minister of Economic Affairs was issued after consultations between the Ministry of Commerce of the People's Republic of China and the Dutch Ministry of Economic Affairs. We sincerely thank the Ministry of Commerce of the People's Republic of China for its tremendous efforts in resolving the Nexperia Semiconductor issue and the current China-Netherlands consultations. The Dutch Minister of Economic Affairs' expression of suspending the administrative order reflects to a certain extent its attitude of facing up to the current problem, which we believe is the first step towards properly resolving the issue. The Dutch Ministry of Economic Affairs' suspension of the administrative order itself also indicates the illegality and impropriety of its previous actions.
It should be clarified and stated that although the administrative order has been announced as suspended, the emergency measures issued by the Enterprise Court of the Amsterdam Court of Appeal in the Netherlands (hereinafter referred to as "the Enterprise Court") have not been lifted. The restrictions and infringements on the legitimate rights and interests of Chinese shareholders and personnel are still ongoing. The Dutch Ministry of Economic Affairs only announced the suspension of the administrative order, evading the erroneous ruling of the Enterprise Court, which was promoted by it, to deprive Wingtech Technology of control over Nexperia, and failed to address the key to solving the problem.
The administrative order issued on September 30th, 2025 is only the beginning of a series of actions by the Dutch government. After the issuance of the administrative order, the Dutch Ministry of Economic Affairs personally participated in the Enterprise Court proceedings initiated by some European management of Nexperia Semiconductor, claimed itself as an interested party, and deeply participated in and even dominated the entire process. On October 1st, 2025, the Dutch Ministry of Economic Affairs submitted a letter of support to the Enterprise Court; on October 6th, 2025, it submitted supporting defense statements to the Enterprise Court and sent lawyers to attend the hearing, clearly stating that it could not determine whether Nexperia would comply with the previous administrative order, thus calling for "the rapid intervention of the Enterprise Court to avoid this situation". With the participation and strong promotion of the Dutch Ministry of Economic Affairs, the Dutch Enterprise Court, without giving Chinese shareholders a reasonable opportunity to present their cases, arbitrarily made emergency measures on October 7th, 2025, such as suspending the positions of Chinese directors and placing almost all shares held by Chinese parties in custody (with Chinese parties retaining only 1 share). The administrative order of the Dutch Ministry of Economic Affairs and the emergency measures of the Enterprise Court are complementary in means, consistent in goals, and coordinate with each other—systematically and illegally depriving Wingtech Technology of its legitimate rights and interests as the 100% shareholder of Nexperia. It is evident that the Dutch Ministry of Economic Affairs is not only the "initiator" of the entire incident but also the "behind-the-scenes pusher" of the Enterprise Court proceedings.
At present, the emergency measures issued by the Enterprise Court have not been lifted, and the control of Nexperia has not been returned to its legitimate owner.
Although the Dutch Ministry of Economic Affairs' decision to suspend the administrative order is the first step towards properly resolving the issue, it is by no means a solution to this incident. We urge the Dutch Ministry of Economic Affairs to face up to the essence of this incident and correct its mistakes as soon as possible and thoroughly. It should not only permanently revoke the administrative order issued based on the Goods Availability Act and withdraw its participation in and support for the Enterprise Court but also ensure that the legitimate control rights of Chinese shareholders and the legitimate rights of Chinese personnel are restored, and Nexperia is returned to the state before September 29th, 2025.
We firmly demand that any true solution must be based on restoring Wingtech Technology's complete rights as a shareholder and its legitimate control over Nexperia. Wingtech Technology will never accept any attempt to "legalize" illegal results, nor will it accept a "new normal" of Nexperia's equity and governance created through illegal procedures. We will take all legal means to maximize the protection of the legitimate rights and interests of our company and all shareholders.
Wingtech TechnologyNovember 20th, 2025
Source: Wingtech Technology's official WeChat public account
On November 23rd, Wingtech Technology released the "Statement Urging Nexperia Netherlands to Earnestly Respond to Communications and Resolve the Control Right Issue to Safeguard the Stability of the Global Supply Chain" on its official WeChat public account.
The statement said that the company has noticed a series of unilateral actions by Nexperia Netherlands and its related parties, which have posed potential threats to the stability of the global semiconductor industry chain.
"It is deeply regrettable and puzzling that despite our utmost sincerity, Nexperia Netherlands has so far not made any substantive response to our communication proposals," the statement said. In the statement, Wingtech Technology requested Nexperia Netherlands to put forward constructive and truly sincere solutions on how to restore Wingtech Technology's legitimate control rights and complete shareholder rights on the basis of respecting facts and laws.
The following is a collation of information recently released by some official and authoritative media since the occurrence of the Nexperia incident:
On November 1st, China announced exemptions for eligible exports of Nexperia Semiconductor.
On November 2nd, Nexperia China issued an announcement letter to customers stating that Nexperia Netherlands unilaterally decided to stop supplying wafers to the packaging and testing factory (ATGD) located in Dongguan starting from October 26th, 2025.
On November 7th (local time), the Dutch government stated that China will soon resume chip supply.
On November 8th, China agreed to the request of the Dutch Ministry of Economic Affairs to send personnel to China for consultations.
On November 13th, Jiemian News reported that according to automotive industry officials, Nexperia Semiconductor's Dutch branch has not been transporting silicon wafers to its Chinese subsidiary for assembly.
On November 13th, Dutch Minister of Economic Affairs Karelmans stated in an interview with The Guardian that he had "no regrets" about the Netherlands' decision to take over Nexperia on September 30th.
On November 14th, the Dutch Minister of Economic Affairs stated that a Dutch government delegation will travel to China "early next week" to seek a solution to the issue regarding Nexperia Semiconductor, a subsidiary of Chinese company Wingtech Technology.
On November 14th, the Ministry of Commerce responded to Karelmans' remarks in the interview: China expressed extreme disappointment and strong dissatisfaction with such remarks that confuse right and wrong, reverse black and white, and act arbitrarily. The Dutch Ministry of Economic Affairs declined to comment on the same day.
On November 17th (local time), DutchNews reported that a Dutch delegation is visiting China this week.
On November 19th, Dutch Minister of Economic Affairs Karelmans issued a statement on social media platform X, stating that he had "suspended intervention in Nexperia Semiconductor".
On November 19th, Wingtech Technology announced that the company's control over Nexperia is still restricted.
On November 19th, the Ministry of Commerce: China welcomes the Netherlands' initiative to suspend the administrative order on Nexperia Semiconductor, believing it is the first step in the right direction towards properly resolving the issue, but there is still a gap from addressing the root cause of the turbulence and chaos in the global semiconductor production and supply chain.
In addition, the wafer issue has not yet been resolved.