Intensive Responses! Wentai Releases New Statement

                    Source: Wingtech Technology Official WeChat Account

This marks the third official statement issued by Wentai Technology since the Dutch side announced on November 19th that it had "suspended interventions against Nexperia". The specific contents and timeline are as follows:

On November 19th, Wentai Technology released the Progress Report on the Operation and Management of Its Subsidiary. The announcement clarified that the ministerial order

 whose suspension was referenced in the statement by the Dutch Minister of Economic Affairs and Climate Policy refers to the order issued to Nexperia by the Ministry of Economic

 Affairs and Climate Policy of the Netherlands on September 30th, 2025 (Netherlands time). This ministerial order mandated that Nexperia, along with all its global entities including

 subsidiaries, branches, and offices across 30 locations worldwide, shall refrain from making any adjustments to their assets, intellectual property rights, businesses, or personnel,

 with a validity period of one year.

Although the aforementioned ministerial order has been announced as suspended, the ruling issued by the Enterprise Court on October 7th, 2025 (Netherlands time) remains in

effect and has not been affected in any way by the suspended ministerial order. All the emergency measures imposed by the Enterprise Court, as detailed in the company's

announcement dated October 13th, are still being enforced, and the company's control over Nexperia remains restricted. Investors are hereby advised to exercise caution regarding

investment risks.

On November 20th, Wentai Technology released the Statement on the Suspension of the Administrative Order by the Dutch Ministry of Economic Affairs via its official WeChat

Official Account. The statement emphasized that despite the announcement of the administrative order's suspension, the emergency measures imposed by the Enterprise Court of

the Amsterdam Court of the Netherlands have not been revoked. The Dutch Ministry of Economic Affairs is obligated to thoroughly and comprehensively resolve the issues

concerning Nexperia, and Wentai Technology's full rights as a shareholder, as well as its legitimate control over Nexperia, must be restored.

                     Source: Wingtech Technology Official WeChat Account

On November 23rd, Wentai Technology released the Statement on Urging Nexperia Netherlands to Earnestly Respond, Communicate and Resolve the Control Right Issue so as to Safeguard the Stability of the Global Semiconductor Supply Chain via its official WeChat Official Account.

The statement noted that the company has taken note of a series of unilateral actions by Nexperia Netherlands and relevant parties, which have posed a potential threat to the stability of the global semiconductor industry chain.

"It is deeply regrettable and puzzling that despite our demonstration of the utmost sincerity, Nexperia Netherlands has so far failed to make any substantive response to our communication proposals," the statement read. In the statement, Wentai Technology demanded that Nexperia Netherlands, on the basis of respecting facts and laws, put forward constructive and truly sincere solutions regarding the restoration of Wentai Technology's legitimate control rights and full shareholder rights.

Below is a collation of information released by some official and authoritative media recently since the outbreak of the Nexperia incident:

On November 1st, the Chinese side announced the granting of export exemptions for eligible Nexperia products.

On November 2nd, Nexperia China issued an announcement letter to its customers, stating that Nexperia Netherlands had unilaterally decided to suspend the supply of wafers to its packaging and testing plant (ATGD) located in Dongguan starting from October 26th, 2025.

On November 7th (local time), the Dutch government stated that China would resume chip supplies soon.

On November 8th, the Chinese side approved the request from the Dutch Ministry of Economic Affairs to send personnel to China for consultationsBusiness.gov.nl.

On November 13th, ijiwei reported that according to a revelation from an automotive industry official, the Dutch branch of Nexperia has never shipped silicon wafers to its Chinese subsidiary for assembly .

On the same day, Vincent Karremans, Dutch Minister of Economic Affairs, stated in an interview with The Guardian that he had "no regrets whatsoever" about the Dutch government's decision on September 30th to take over Nexperia .

On November 14th, the Dutch Minister of Economic Affairs indicated that a Dutch government delegation would depart for China "early next week" to seek a resolution to the issues concerning Nexperia, a subsidiary of the Chinese enterprise Wingtech Technology .

On November 14th, the Ministry of Commerce responded to Karremans' remarks in the interview, stating: "China expresses profound disappointment and strong dissatisfaction with such remarks that confuse right and wrong, reverse black and white, and show reckless disregard for others' opinions." On the same day, the Dutch Ministry of Economic Affairs declined to comment.

On November 17th (local time), DutchNews reported that the Dutch delegation was visiting China that week.

On November 19th, Vincent Karremans, Dutch Minister of Economic Affairs, issued a statement on the social media platform X on Monday, announcing that the Dutch side had "suspended its intervention in Nexperia".

On November 19th, Nexperia Technology issued an announcement stating that the company's control over Nexperia remains restricted.

On the same day, the Ministry of Commerce stated that China welcomes the Netherlands' initiative to suspend the administrative order on Nexperia, believing that this is the first step in the right direction towards properly resolving the issue. However, there is still a gap from addressing the root cause of the turmoil and chaos in the global semiconductor industrial and supply chains.

In addition, the wafer supply issue has not yet been resolved.