Under the legal cloak, an asset robbery against Chinese companies is taking place in Europe, and the Dutch government¡¯s excuse for this is hard to conceal.

2025yearly9At the end of the month, the Dutch government issued a ministerial order to freeze China's Anselm Semiconductor in the world.30The right to adjust the assets, intellectual property rights and persons of individual subjects shall last for a period of one year.

Subsequently, the Dutch Enterprise Court quickly ruled to suspend ChinaCEOZhang Xuezheng's position, appoint foreign directors with decisive voting rights, and will99%The shareholding is held to third parties.

After a set of combinations, a regularly operating Chinese-owned enterprise was forcibly deprived of control within a few days.¡°Extremely special¡±However, it ignored China's core concerns.

01 Forced takeover by the Dutch government

The Dutch government¡¯s action, from time to implementation, reveals traces of carefully planned action.

Netherlands Ministry of Economic Affairs and Climate Policy¡°Ensure supply chain security¡±On the grounds, in9month30An executive order to freeze the Anchor Semiconductor Global30Assets, intellectual property rights and personnel adjustment powers.

The freezing period lasted for one year, which directly locked up the technology upgrade and capacity deployment capabilities of this semiconductor company.

What is even more shocking is that after the executive order was issued, the Dutch Enterprise Court completed a series of judicial procedures in less than a month with unprecedented efficiency.

The court ruled not only to suspend China.CEOZhang has also introduced foreign independent directors with decisive voting rights, which will recognize Thai Technology as a holding shareholder.99%Shares are temporarily entrusted to a third party.

Through this series of operations, Chinese shareholders were completely deprived of control over the Ansi Semiconductor, retaining only the right to economic gains, and forming the so-called "High-Range".¡°China pays for it and the Netherlands controls it¡±situation.

Such a bad behavior naturally arouses China's concern.

exist10month13At a routine press conference at the Japanese Foreign Ministry, when Bloomberg reporter was asked about the Dutch government's restrictive measures on Anselm Semiconductors, Foreign Ministry spokesman Lin Cheng replied that China has consistently opposed the generalization of the concept of national security and discriminatory practices against particular country enterprises.

On October 14, the Dutch Ministry of Economy finally responded to this, but accused the Chinese enterprises of complaining about their behavior, biting them to death and not acknowledging their accounts.¡°There are serious internal governance deficiencies¡±, poses a risk to the continuity and guarantee of key technical knowledge and capabilities in the Netherlands and Europe.

The concerns of the Chinese side are not mentioned at all, and they have fully played out the traditional artistic capabilities that avoid weight and light and confuse the perspective.

2, precise collusion between inside and outside

This takeover action shows typical internal and external synergies.

After the Dutch government issued a freezing order, Nexperia's Dutch chief legal officerRubenUnited German NationalsCFOandCOOHe urged the court to investigate his company.

The court issued a provisional order without a full hearing and suspended the Chinese side.CEOand trusteeship the shares to¡°Independent Third Party¡±¡£

Some informed persons revealed that the difficulties of Anselm Semiconductor foreign executive were interpreted as¡°Internal and external collusion¡±¡£

China has promoted the transfer of production capacity to China, while foreign teams are more inclined to localize the layout in Europe. This strategic difference has been intensified under the freezing order.

The Dutch government claims that this is¡°Ensure supply chain security¡±In fact, it is an open robbery of China assets.

becauseThe Dutch government¡¯s reasons for defending its actions are striking in the face of the facts.

The Dutch side claimed that Anshi Semiconductor may be involved in¡°Dutch and European Economic Security Risk¡±However, after Anselm Semiconductor was acquired by China, not only did it repay all previous debts, but it was achieved.¡°Zero debt¡±¡£

Five years in the Netherlands.1.3Billion euros in corporate income tax and employs thousands of European employees.

After the acquisition of Anselm, Zhou Tail injected funds and technology, so that Anselm climbed from the low valley.150%¡£

This should have been a model of Sino-Dutch cooperation, but it has become the Dutch government's eyes¡°menace¡±¡£

So-called¡°There are serious internal governance flaws and problematic behaviors¡±The Dutch side also failed to provide any details on the allegations.

But a basic logic is that if a company that is booming and whose revenue is expanding year after year, if you say it has problems with internal governance, how can it make a profit?

In the final analysis, Nexperia's products are widely used in the automotive industry, especially in the field of electric vehicle inverter chips, accounting for a market share of up to40%¡£

For the Netherlands and the EU, controlling such a key chip supplier is undoubtedly achieved.¡°Strategic autonomy¡±The short path.

03His face is merciless.

The Anchor Semiconductor incident exposed the dual standards of the West¡¯s treatment of Chinese enterprises.

Wingtech Technology invested in the acquisition of Nexperia300After the acquisition was completed, Zhou Tai Technology not only invested, but also injected a lot of resources.

Today, the company operates in a good condition, but is suddenly taken over, obviously not due to the consideration of business operations.

The Dutch court's ruling without adequate hearings highlighted the weak position of Chinese companies in the overseas judicial system.

Compared to the lengthy lawsuits that Chinese companies typically face in overseas judicial systems, the Dutch courts handled this exceptionally quickly.¡°Theft case¡±¡£

This incident is not an isolated case.2022In, the British government personally took action to prevent Nexperia from acquiring the Newport wafer fab in the UK86%of equity.

2024yearly12The United States included Wingtech Technology in March¡°List of entities¡±, a series of containments against China's semiconductor industry have been formed.

In the final analysis, they want China's market and China's investment, but they don't want China to come from behind. After discovering that China holds Anshi Semiconductor, the company develops rapidly and becomes a key link in the global new energy industry chain, and the mentality of seizing by trickery arises.

However, these people may have forgotten a little bit, the reason why Anselm Semiconductor can rapidly develop after Chinese enterprise investment, that is, with the help of China's huge market and improving the industrial chain, if it is really forced by the Chinese enterprises and the Netherlands to crack, Anselm will also go into the dead fool.

They think that stealing a company steals key industrial chains, but they don't know the most crucial thing is China's thriving market and endless technology application development.

Next, if the Dutch government fails to handle this issue properly, it loses the credibility of the country and the future of the industry.

Without the huge market of China, even if the Netherlands wants to be a "sea coachman" today, it doesn't have that opportunity.