Wingtech vows to fight Dutch court ruling to regain control of Nexperia
Wingtech plans to exhaust all legal options after a Dutch court ordered a mismanagement probe at Nexperia. The ruling also upheld the suspension of the CEO.
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A Dutch court has ordered a formal investigation into alleged mismanagement at Nexperia BV and upheld a previous decision to suspend the company’s former chief executive, Zhang Xuezheng. The ruling, which affirms an October decision regarding the executive's status, was issued on February 11, 2026, and represents a significant development in the firm's corporate governance.
On the same day as the court's order, Wingtech Technology Co.,Ltd submitted an official filing to the Shanghai Stock Exchange. In the disclosure, the company acknowledged that its control over Nexperia remains restricted following the judicial developments in the Netherlands 
NL. Wingtech stated that it intends to exhaust all available legal means to restore full control over the subsidiary.
NL. Wingtech stated that it intends to exhaust all available legal means to restore full control over the subsidiary.
