In reaction to the swirling rumors alleging that Zhang Xuezheng, the founder and de facto controller of Wingtech Technology, has cashed out billions, secured permanent residency in Canada, and has been long-term residing in Switzerland, Wingtech Technology has issued a strong denial, labeling these claims as completely unfounded. The company vehemently opposes the creation and spread of such falsehoods and asserts its right to hold those responsible accountable. Presently, the company has engaged a law firm to gather evidence of infringement and has lodged a lawsuit for defamation with the pertinent courts in Beijing, which have accepted the case.

Previously, the company had shown restraint in addressing these rumors. However, given that some have grossly distorted the facts and misled the public, Wingtech Technology has resolved to take legal recourse to clarify the truth and emphasize that the internet is not a realm beyond the reach of the law.