Overview

• Wingtech said in an October 13 filing to the Shanghai Stock Exchange that Nexperia is now under temporary external management in the Netherlands.
• The Dutch Ministry of Economic Affairs ordered the measure, effectively pausing the Chinese parent’s control over the semiconductor maker.
• Nexperia’s Dutch legal, finance and operations leaders petitioned the Amsterdam Enterprise Court on October 1 for an investigation and provisional measures.
• The court suspended Wingtech chair Zhang Xuezheng, placed Yucheng Holdings’ Nexperia shares under third‑party management, and on October 7 installed an independent non‑executive director with decisive voting rights.
• Wingtech criticized the move in a WeChat post that was later deleted, and the action is being framed as a national security case with possible implications for EU‑China relations.