On the evening of May 25, *ST Wingtech (600745.SH) announced that 154 million shares (accounting for 12.37% of the company's total share capital) held by its controlling shareholder, Wintime Technology Group Co., Ltd., had been fully frozen by judicial authorities. The freeze period is from May 22, 2026, to May 21, 2029. This freeze resulted from an arbitration case involving a contractual dispute between Wintime, its actual controller Zhang Xuezheng, and Jiang Zhaobai, with Jiang Zhaobai applying for property preservation. Wintime stated that there are no records of overdue debts or breaches of contract, and this freeze will not affect the company's normal operations or control. Tianyancha App shows that Wingtech Technology Co., Ltd. is involved in multiple disputes, mostly as the defendant, with case reasons including securities misrepresentation liability disputes, contract manufacturing disputes, etc. Additionally, change records indicate that Wingtech Technology Co., Ltd. changed its senior management in 2025.