(Yicai) Nov. 24 -- China's Wingtech Technology has urged the Dutch office of its subsidiary Nexperia to respond and communicate with the company to resolve its control issues to ensure the stability of the global supply chain.

Nexperia's Dutch operations and governance team should put forward constructive and sincere solutions on how to restore Wingtech's legitimate control and complete shareholding rights over Nexperia, in respect of facts and laws, Wingtech said in a statement released late yesterday.

Nexperia's team has not yet provided any substantial response to the communication proposals put forward by Wingtech, the Jiaxing-based smartphone assembler added.

"We have always believed that resolving differences through dialogue is a practical and correct way to ensure the normal operation of the company and the stability of global chip supply," Wingtech noted.

Wingtech had released a statement on Nov. 19 after the Dutch government suspended intervention measures against its Netherlands-based chipmaker, claiming it had not yet fully taken back control of Nexperia because a Dutch court order remains in force, restricting its governance rights.

The court order of Oct. 7 still restricts Wingtech from taking back full control of Nexperia, the Chinese firm said in the Nov. 19 statement, after Dutch Economic Affairs Minister Vincent Karremans earlier announced the suspension of a Sept. 30 ministerial order seizing Nexperia.

The ministerial order, issued on national security grounds, required Nexperia and its 30 global entities, including subsidiaries, branches, and offices, not to make any adjustments to their assets, intellectual property, business, or personnel for a year.

The court order that followed from the Enterprise Chamber, a special division of the Amsterdam Court of Appeal, included emergency measures such as removing Wingtech founder Zhang Xuezhang as an executive director of Nexperia and entrusting the Nexperia shares held by a Wingtech unit to an independent third party via a fiduciary arrangement.

"The Dutch Ministry of Economic Affairs is obligated to thoroughly and comprehensively resolve the issue of Nexperia," Wingtech noted in the first statement, adding that it will continue to engage with its international law firm team on legal remedies and measures to safeguard its legitimate rights and interests and restore its control over Nexperia.

Wingtech's shares [SHA: 600745] were trading down 4 percent at CNY40.65 (USD5.72) as of 11.10 a.m. in Shanghai today.

The Dutch government's intervention in Nexperia led to Wingtech's shares falling by their daily trading limit for two days in a row early last month, lopping 26 percent off their value. The stock began to pick up from Oct. 15, narrowing the retreat to 12.5 percent.

Editors: Tang Shihua, Futura Costaglione