Ansemi Semiconductor China affirms its operations and leadership despite Dutch headquarters' decisions

Ansemi Semiconductor China states that decisions from its Dutch headquarters are not legally effective in China. This follows the unilateral removal of a Vice President by the Dutch headquarters. Ansemi China asserts that the Vice President's position and authority remain unchanged, and his actions within his scope represent the Chinese entity. All business operations in China continue normally and are unaffected by external decisions. This declaration comes amid a Dutch government order freezing Ansemi's asset adjustments and foreign executives' attempts to alter ownership structure, which Ansemi China views as a violation of Chinese law and business principles.