Wingtech Technology: Projected to Procure Goods Valued at 220 Million Yuan from Related Entities in 2026
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Author:小编   

On December 10, Wingtech Technology disclosed that it anticipates procuring goods and services from its related entity, Shanghai Dingtai Jiangxin Technology Co., Ltd. (encompassing its controlled subsidiaries), with a projected value of 2.2 billion yuan in 2026. Previously, from January to September 2025, the cumulative volume of related-party transactions between the two entities had already hit 962 million yuan. This upcoming transaction is expected to witness a substantial surge, largely attributable to the capacity expansion at Dingtai Jiangxin and the upward trend in product unit prices. On December 10, 2025, Wingtech Technology convened a board meeting to deliberate on and approve the proposal, which is now pending consideration at the shareholders' meeting. It is noteworthy that Dingtai Jiangxin is indirectly wholly-owned by Zhang Xuezheng, the de facto controller of Wingtech Technology. This transaction is conducted in strict adherence to the principle of fairness and is poised to bolster the resilience of the company's business operations within China.