Overview

• The step marks the first use of the 1952 Goods Availability Act and installs an independent director with veto authority over decisions deemed harmful.
• The Amsterdam Enterprise Chamber removed Zhang Xuezheng last week and transferred most management of Nexperia’s shares to an independent third party.
• The economy ministry cited acute governance failures and risk of knowledge leakage that could undermine Dutch and European economic security.
• The government now has the ability to block or reverse company actions to protect the firm and Europe’s semiconductor value chain.
• Wingtech said daily operations continue and signaled a possible court appeal, while Chinese media and investors reacted strongly with a drop in Wingtech’s shares.