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Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's…

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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 the Shanghai Stock Exchange after its auditor said it couldn’t verify the company's financial statements, SCMP reports. The auditor, RSM, issued a disclaimer of opinion on the annual accounts because Nexperia represents roughly 57% of Wingtech's total assets, and RSM has been unable to access its financial data. Wingtech’s loss tripled from 2.8 billion yuan in 2024, with nearly all of the damage coming from Wingtech writing Nexperia's value down to 24.38 billion yuan ($3.43 billion) after reclassifying the subsidiary as no longer under its control. Article continues below All this has erased what had been a strong year for Wingtech before the dispute began.…

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