Wingtech Technology addressed shareholder concerns at its inaugural extraordinary general meeting in 2026, particularly focusing on the matter of control over Nexperia. Chairman Yang Mu reassured attendees that the company is taking proactive steps to manage the situation. At present, Nexperia's operations in China continue to thrive, bolstered by high customer loyalty and ongoing close collaboration with clients. The Dongguan facility is in the process of optimizing its production capacity, with necessary equipment already installed. In response to the BIT claim, which has garnered significant market attention, the company plans to initiate proceedings following the conclusion of the communication period on April 15. Yang Mu underscored that the management's foremost priority is to concentrate on its core business operations and will employ legal avenues to protect the company's lawful rights and interests concerning Nexperia.
