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, the parent company of Nexperia, reported a $1.3 billion loss for 2025, leading to a risk of delisting from the Shanghai Stock Exchange due to audit issues. The auditor, RSM, could not verify the financial statements as 57% of Wingtech's assets are tied to Nexperia, which they couldn't access data for. The loss was mainly due to devaluing Nexperia. The companies have been in a dispute, with the Dutch government intervening over security concerns. Wingtech is working on legal remedies and developing a domestic supply chain amidst the turmoil.