Wingtech Shanghai filing says CFO resigns for personal reasons

AMSTERDAM, Feb 3 (Reuters) - ⁠Chinese electronics ⁠company ‍Wingtech said in a Shanghai Stock Exchange filing that its chief ‍financial officer Zhang Yanru had resigned, citing ​personal reasons.

The filing was signed by Wingtech's board of ​directors and dated January 31, the day after the company said it would post a loss for 2025 ​as a result of losing control over its European computer chip-making subsidiary Nexperia. ​The forecast sparked a selloff in Wingtech's shares.

Nexperia's European production ‌arm and its Chinese packaging and distribution arm have not been cooperating since ​Dutch government and court ⁠interventions in September and October.

The filing said the CFO's resignation would ‌not impact Wingtech's operations. Reuters was not immediately able to reach Zhang for comment about her ‌resignation.

A spokesperson for Wingtech said that Zhang is not ‌a relative of Wingtech founder and former Nexperia CEO Zhang Xuezheng and declined further comment.

Nexperia declined to ‍comment.

A Dutch court is due to rule by February 11 on ⁠whether to launch an investigation into alleged mismanagement at Nexperia, or whether to return control over the company to Wingtech.

(Reporting by Toby Sterling; Editing by Alexander Smith)

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