According to Wingtech Technology's announcement, China Chengxin International downgraded the company's principal credit rating from BBB+ to BBB-, with a negative rating outlook; downgraded the “Wingtech Bonds” credit rating from BBB+ to BBB-. The company's total revenue for the first half of 2026 was 1,514 billion yuan, down 94.02% year on year; net loss was 418 million yuan, net profit for the same period last year was 469 million yuan; net cash flow from operating activities changed from positive to negative. The company's control over relevant entities outside of Anshi is temporarily restricted. There is significant uncertainty about the progress and outcome of related lawsuits. The company still has a high risk of delisting. The remaining share transfer period for “Wingtai Bonds” is less than one year. If there is no large-scale share transfer, it will face pressure to pay large amounts of debt centrally.

According to Wingtech Technology's announcement, China Chengxin International downgraded the company's principal credit rating from BBB+ to BBB-, with a negative rating outlook; downgraded the “Wingtech Bonds” credit rating from BBB+ to BBB-. The company's total revenue for the first half of 2026 was 1,514 billion yuan, down 94.02% year on year; net loss was 418 million yuan, net profit for the same period last year was 469 million yuan; net cash flow from operating activities changed from positive to negative. The company's control over relevant entities outside of Anshi is temporarily restricted. There is significant uncertainty about the progress and outcome of related lawsuits. The company still has a high risk of delisting. The remaining share transfer period for “Wingtai Bonds” is less than one year. If there is no large-scale share transfer, it will face pressure to pay large amounts of debt centrally.