NSCI responded to the progress of supply chain recovery and denied that Zhang Xuezheng would resume his CEO position

On November 6th, according to the official website of NSCI, the Netherlands, NSCI welcomed the suspension of the implementation of the so-called "penetration rule" by the US authorities for one year; also welcomed the Chinese side's push to resume the export of NSCI's Chinese factories and their foundries, so as to ensure that key mature process chips continue to flow to the global market, and looked forward to receiving further details on the conditions, standards and procedures for easing export restrictions as soon as possible. Due to the refusal of NSCI China to pay for wafers, the company suspended further direct supply of wafers to its factories, but NSCI has not completely stopped wafer transportation, and all factories in Europe and other parts of Asia are operating normally. < b > At the same time, the company denied that Zhang Xuezheng will resume his CEO position; the company's strategic decisions (such as relocating part of the company's business or firing executives) need to be approved by the Dutch government and will last for one year.