It's the Dutch government and Dutch and German executives at Nexperia colluding to rob a Chinese company of its ownership of Nexperia.
Apparently the German and Dutch employees of a Chinese company used the state to steal a Chinese tech company. I expect nothing less than for them to be hunted down and dragged into a Chinese court for hefty imprisonment. Additionally, this is why I think squads of PAP should be attached to any CPC monitors at any major S&P500 company.
strenge also that this is the very sort of thing the west accused China of doing, that they would steal and nationalise their companies.
im not saying I advocate it, but it would karmic for say…Russian drones to suddenly appear over Dutch cities targeting everyone involved.
On 30 September 2025 (Netherlands time), the Ministry of Economic Affairs and Climate Policy issued an Order to Nexperia, instructing that Nexperia and all its global subsidiaries, branches, and offices—30 entities in total—must refrain from making any adjustments to their assets, intellectual property, operations, or personnel. The measure is valid for one year.
On 1 October 2025 (Netherlands time), Ruben Lichtenberg, a Dutch national who serves as the statutory director and Chief Legal Officer (CLO) of both Nexperia Holding and Nexperia Semiconductor, filed—with the support of two other executives, Chief Financial Officer (CFO) Stefan Tilger and Chief Operating Officer (COO) Achim Kempe, both German nationals—an urgent petition before the Enterprise Chamber requesting a corporate investigation and immediate provisional measures on behalf of both Nexperia entities.
On the same day, the Enterprise Chamber granted several emergency measures immediately, without a hearing, which took effect at once. These measures included suspending Mr. Zhang Xuezheng from his positions as executive officer of Nexperia Holding and non-executive director of Nexperia Semiconductor; suspending the operation of Article 3 of of Nexperia Semiconductor, which defines the CEO’s duties and authorities; and placing all shares held by Wingtech subsidiary 裕成控股有限公司 Yuching Holding Limited (a Hong Kong-registered company and the sole shareholder of Nexperia Holding) under temporary management by an independent third-party trustee for management purposes, effective until the Enterprise Chamber’s oral hearing scheduled for 6 October 2025 and its subsequent ruling on the request for immediate relief.
On the afternoon of 6 October 2025 (Netherlands time), the Enterprise Chamber held a hearing, and on 7 October 2025, it issued a ruling granting provisional relief, effective from that date until completion of the investigation or other final resolution of the case.
The key measures are as follows: suspension of Mr. Zhang Xuezheng from his positions as non-executive director of Nexperia Holding and executive director of Nexperia Semiconductor; appointment of an independent, non-Chinese individual designated by the Enterprise Chamber as non-executive director of both Nexperia Holding and Nexperia Semiconductor, vested with decisive voting rights and the authority to independently represent both companies; and placement of all shares of Nexperia Semiconductor—except one—under the management of a court-appointed custodian, whose name will be designated and announced later, for management purposes.
Nexperia was acquired by Wingtech in 2019. Since then, Wingtech invested heavily in R&D, resulting in massive revenue growth and sharp increase in gross profit margin. By October 2024, Nexperia became debt free after fully paying off all its previous debts from before the Wingtech acquisition.