Wingtech Faces Shanghai Delisting After Audit Collapse
Wingtech reported a $1.3 billion loss following the collapse of a Nexperia audit. A filing to the Shanghai bourse indicates that 57% of the company's assets cannot be verified. The company now faces potential delisting from the Shanghai exchange.
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Sources · 7 independent
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“Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified”
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