A Dongguan Intermediate People's Court issued a preservation order that freezes Nexperia’s shareholdings in four of its Chinese subsidiaries, valued at approximately 2.14 billion yuan (about $300 million). The order took effect in the last week of August 2024 and will remain in place until August 2029 unless lifted earlier. The affected entities include Nexperia (China) Co Ltd, Nexperia Semiconductor (Shanghai) Co Ltd, Nexperia Electronics (Shenzhen) Co Ltd and Nexperia Power Devices (Chengdu) Co Ltd.

The freeze stems from a civil lawsuit filed by a Chinese creditor alleging unpaid debts. The court prohibited the transfer, pledge or disposal of those shares, requiring Nexperia to seek judicial approval for any corporate actions involving the subsidiaries. Nexperia stated it is reviewing legal options and expects limited day‑to‑day impact because operational control remains with local management teams.

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