Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified
Wingtech Technology reported a net loss of $1.3 billion for 2025 and faces a delisting warning on the Shanghai Stock Exchange after its auditor, RSM, issued a disclaimer due to inability to verify 57% of its assets linked to subsidiary Nexperia. The audit failure stems from severed data access after Nexperia's Dutch headquarters cut off IT systems for its Chinese operations, effectively blocking financial oversight by the parent company. Ongoing disputes since late 2023, including Dutch government intervention and leadership suspensions, have led to Nexperia operating independently from Wingtech despite remaining a formally owned subsidiary.
- ▪Wingtech Technology reported a net loss of 8.7 billion yuan ($1.3 billion) for 2025, more than triple its 2024 loss.
- ▪Auditor RSM issued a disclaimer of opinion because it could not verify 57% of Wingtech's assets due to lack of access to Nexperia's financial records.
- ▪Wingtech's stock will carry a delisting risk warning starting May 6, 2026, with potential delisting if audit issues remain unresolved by year-end.
- ▪Nexperia's Dutch headquarters disabled IT access for Chinese employees in March, cutting off data needed for Wingtech's financial audit.
- ▪The Dutch government and courts have intervened since 2023, citing national security concerns and suspending Wingtech's control over Nexperia.
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Tech Industry Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified News By Luke James published 1 May 2026 Auditors can't verify 57% of Wingtech's assets because they lack access to Nexperia's financial records. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Getty / NurPhoto) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Wingtech Technology, the Chinese parent of Dutch chipmaker Nexperia, reported a net loss of 8.7 billion yuan ($1.3 billion) for 2025 and now faces a delisting risk warning on…
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