On November 23, Wingtech Technology released a statement highlighting that, in the wake of undue interference from the Dutch Ministry of Economic Affairs and Climate Policy, and guided by relevant Chinese governmental authorities, the company has taken a proactive and responsible stance. Driven by a commitment to safeguard the interests of its global customer base, Wingtech Technology has extended an olive branch, explicitly stating its readiness to engage in constructive dialogue with Nexperia Netherlands. The objective is to restore Wingtech Technology's legitimate control rights and amicably resolve the ongoing dispute.
Wingtech Technology has consistently maintained that open and honest communication is the key to resolving differences, ensuring the company's smooth operations, and maintaining the stability of the global chip supply chain. Despite the company's sincere efforts, Nexperia Netherlands has not yet provided a substantive response to the proposed communication. In light of this, Wingtech Technology urges Nexperia Netherlands to act in accordance with facts and legal principles, proposing a constructive and genuinely sincere solution that will restore Wingtech Technology's legitimate control rights and full shareholder privileges.
