Wangzai Technology: The company's control over NXP remains restricted
Wangzai Technology Announcement: On November 19, 2025, Minister of Economic Affairs and Climate Policy of the Netherlands, Vincent Karremans, publicly released a statement on social media, stating: "Given the recent developments, I believe this is the appropriate time to take constructive measures - after close consultation with European and international partners, I will suspend the ministerial order issued by me under the "Commodity Supply Act" regarding NXP."
The ministerial order referred to in the statement by the Minister of Economic Affairs and Climate Policy of the Netherlands refers to the ministerial order (Order) issued by the Ministry of Economic Affairs and Climate Policy of the Netherlands to NXP on September 30, 2025 (Netherlands time), which required NXP and all its subsidiaries, branches, offices, and other 30 global entities to make no adjustments to their assets, intellectual property, business, and personnel, with an effective period of one year.
Although the aforementioned ministerial order (Order) was announced to be suspended, the ruling of the enterprise court on October 7, 2025 (Netherlands time) remained in effect, and its effectiveness was not affected by the suspended ministerial order. The emergency measures of the enterprise court mentioned in the company's announcement on October 13 are still ongoing, and the company's control over NXP remains restricted. Please pay attention to investment risks.
The company will continue to communicate with the international law firm team to discuss legal remedies and means, and take all actions to maximize the protection of the company's and all shareholders' legitimate rights and interests.
Original: www.toutiao.com/article/1849227079288832/
Statement: The article represents the personal views of the author.