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Wingtech Technology, Once Valued in the Hundreds of Billions, Set to Be Designated as *ST Following a Net Loss Exceeding 8.7 Billion Last Year
12 hour ago /
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Author：小编
On the evening of April 29, Wingtech Technology made an announcement stating that, owing to the accounting firm issuing an audit report expressing an adverse opinion on its financial and internal control reports for 2025, the company's stock will be subject to additional delisting risk warnings, along with other risk alerts. On April 30, trading of both the company's stock and Wingtech convertible bonds will be halted for one day. From May 6 onwards, the company will be renamed as *ST Wingtech, with a daily price limit set at 5%. Should the company fail to rectify and eradicate the violations by 2026, its stock could potentially face delisting.
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