Overview

• The Ministry of Economic Affairs said it invoked the Goods Availability Act in September to ensure Nexperia’s chips remain accessible in emergencies.
• Wingtech disclosed in an Oct. 13 filing that Nexperia is under temporary external management by order of the Dutch government, with daily operations continuing.
• The ministry’s measures include halting changes to Nexperia’s assets, business or personnel for up to a year, with the overall impact not yet quantifiable.
• Earlier court actions suspended Wingtech chairman Zhang Xuezheng from Nexperia roles, put Wingtech-held shares under third‑party management, and installed an independent non‑executive director with decisive voting rights.
• Wingtech criticized the move in a now‑deleted WeChat post as excessive intervention under a national‑security pretext, and its shares fell the 10% daily limit in Shanghai.