Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified

Source: Tom’s Hardware

Wingtech reports $1.3 billion loss and faces Shanghai delisting

Wingtech Technology, the Chinese parent of Dutch chipmaker Nexperia, reported a net loss of 8.7 billion yuan ($1.3 billion) for 2025 and now faces a delisting risk warning on the Shanghai Stock Exchange after its auditor said it couldn’t verify the company’s financial statements, according to the SCMP (source).

The auditor, RSM, issued a disclaimer of opinion on the annual accounts because Nexperia represents roughly 57 % of Wingtech’s total assets, and RSM has been unable to access its financial data. Wingtech’s loss tripled from 2.8 billion yuan in 2024, with nearly all of the damage coming from Wingtech writing Nexperia’s value down to 24.38 billion yuan ($3.43 billion) after reclassifying the subsidiary as no longer under its control.

Through the first three quarters of 2025, Wingtech posted a cumulative net profit of 1.5 billion yuan. In its filing, the company said it is pursuing legal remedies and accelerating development of a domestic supply chain to maintain deliveries to customers.