Wingtech Reports $1.3 Billion Loss
Wingtech has posted a $1.3 billion loss following the collapse of an audit by Nexperia. Approximately 57 percent of the company's assets cannot be verified, leading to potential delisting in Shanghai.
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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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