The dispute over control of Dutch chipmaker Nexperia continues to escalate. The administrator appointed by the Dutch Enterprise Court has proposed a "dual-circle" equity split plan that would require Wingtech Technology to retain control of Nexperia's domestic operations in China while giving up its controlling stake in the overseas business and retaining only a minority interest. Wingtech Technology has explicitly rejected the plan, characterizing it as tantamount to expropriation of its lawful investment, though the company remains open to constructive consultations in pursuit of a fair and sustainable long-term solution. Meanwhile, Nexperia has filed a lawsuit against Wingtech Technology and its founder Zhang Xuezheng, alleging that the relevant parties breached internal agreements, built a parallel supply chain to interfere with operations, and engaged in improper business conduct. The suit seeks $2 billion in damages plus interest. Wingtech Technology disputes all the allegations and the claimed amount, stating that it has not yet received a formal summons and that the Dutch court has not formally docketed the case. Should judicial proceedings commence, the company said it will actively respond. Experts interviewed noted that the Dutch side's use of administrative and judicial means to intervene in a Chinese company's lawful investment rights and interests harms not only the interests of the Chinese company but also undermines Europe's investment climate and international business confidence. They called on the Dutch side to return to the principle of fairness and to stop using non-commercial factors to intervene in normal commercial activities.
