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On October 12, Wingtech Technology released a statement indicating that the Dutch government, invoking unsubstantiated 'national security' concerns, has enforced a global operational halt on Nexperia. This action is rooted in geopolitical prejudices rather than being grounded in factual risk evaluations. It constitutes a grave violation of the EU's market - economy principles, the tenets of fair competition, and international economic and trade regulations.
Some members of the foreign management team at Nexperia have endeavored to modify the equity structure through legal channels, closely heeding the directives of the Dutch government. In essence, they are leveraging political pressure to strip shareholders of their rights and erode corporate governance. The company vehemently denounces such power - grabbing maneuvers carried out under the pretext of 'compliance.'
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