Wingtech Technology made an announcement (a public disclosure) stating that it projects a net loss attributable to shareholders of the listed company for the year 2025, ranging from RMB 9 billion to RMB 13.5 billion. In the fourth quarter of 2025, its subsidiary, Nexperia, was issued a ministerial order and a corporate court decision by the relevant Dutch authorities. Although the execution of the ministerial order has been temporarily halted, the corporate court decision has come into force, leading to a temporary curtailment of the company's control over Nexperia. During the reporting period, the company expects to recognize substantial investment and asset impairment losses, which are set to significantly impact its financial performance for the year 2025. In the third quarter of 2025, the company reported a net profit of RMB 1.04 billion, which translates to an estimated net loss of RMB 10.51 billion to RMB 15.01 billion for the fourth quarter.
