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WenTai Technology refuted the rumor that its founder had “run away” and filed a lawsuit; Zhou Xiaoping, general manager of Xingyu Co., Ltd., was suspended from her salary for 12 months

Wintech Technology refutes rumors of the founder’s disappearance and files lawsuits; Zhou Xiaoping, general manager of Xingyu Co., Ltd., has had her salary withheld for 12 months.

2026-09-08 08:43 Products & Apps across 2 days 🔥 89.4 heat score baidu #1zhihu #18
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On September 7, 2026, multiple media outlets reported latest developments regarding Wintai Technology and Xingyu Co., Ltd. In response to the false rumors that Wintai Technology founder Zhang Xuezheng had withdrawn hundreds of millions of yuan and stayed in Switzerland, Wintai Technology issued a statement on September 6 denying these rumors, stating that they were completely unfounded. The company subsequently entrusted lawyers to collect evidence and filed a lawsuit for infringement of reputation rights with the relevant courts in Beijing; the court has agreed to accept the case. Previously, Wintai Technology was unable to give opinions on its 2025 annual report due to losing control over the overseas entities of Ansheng Semiconductor, and it was also issued a warning of delisting risk, with its stock symbol changed to *ST Wintai. On the same day, Xingyu Co., Ltd. issued an internal notice and penalty announcement. General Manager Zhou Xiaoping was deducted 12 months of salary for improper handling of new college students (including implementing a “humiliating” one-out option that led to 107 people being persuaded to leave). Previously, Changzhou Human Resources and Social Security Bureau determined that the company’s negotiation method for termination was too harsh, and the human resources director was suspended; Zhou Xiaoping, the chairman of Xingyu Co., Ltd., also publicly apologized twice and promised to make corrections. This incident led…

Related eventsRELATED EVENTS
Quick factsQUICK FACTS
12 monthsDuration of salary withholding
107 peopleNumber of employees dismissed
Ten billionCumulative amount of pledged assets
Key entitiesKEY ENTITIES
ASML SemiconductorCanadaDutch governmentHuaweiIdeal AutoLejunLi MeiLi ShujunPhoenix NetworkSina FinanceSina TechnologyStarry Universe

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国内 · 主流媒体across 2 days

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Wintech Technology refutes rumors of the founder’s disappearance and files lawsuits; Zhou Xiaoping, general manager of Xingyu Co., Ltd., has had her salary withheld for 12 months.

Coverage · reports per dayLANGUAGE SPLIT

Entity relations
WenTai Technology × Zha…5ASML Semiconductor × Du…2ASML Semiconductor × We…2ASML Semiconductor × Zh…2Dutch government × WenT…2Dutch government × Zhan…2

Integrated timelineUNIFIED TIMELINE

  1. 2026-09-08

    Wintech Technology refutes rumors and files lawsuits; Xingyu Co., Ltd.’s general manager has her salary withheld.

    Media reports that Wintech Technology refutes false rumors about Zhang Xuezheng, the founder, withdrawing ten billion yuan and staying in Switzerland. The company has hired lawyers to gather evidence and filed a lawsuit against the infringement of reputation rights at the Beijing court, which has agreed to proceed with the case. Meanwhile, it was reported that Zhou Xiaoping, general manager of Xingyu Co., Ltd., had her salary withheld for 12 months due to improper handling of matters related to newly hired college students. Yu Zhiming, director of human resources, was dismissed from his position.

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Keyword heat
  • WenTai Technology6
  • Zhang Xuezheng6
  • Zhou Xiaoping3
  • ASML Semiconductor2
  • Dutch government2
  • Starry Universe1
  • Xingyu Vehicle Lights1
  • Li Shujun1

All reports (8)SOURCES

新浪科技 zh 2026-09-07 08:00

It was reported that Star Yu internally informed management that founder Zhou Xiaoping had been withheld in salary for 12 months.

According to internal communications from Xingyu Aviation, founder Zhou Xiaoping has had 12 months of salary withheld due to management issues. This communication has been conveyed to the company’s management to strengthen internal control and accountability. The specific details of the handling and subsequent impacts are still being observed.

D DoNews·快讯 zh 2026-09-07 08:00

WenTai Technology denied the rumor that its founder had “run away” and filed a lawsuit for reputation rights.

WenTai Technology issued a statement on September 6, 2026, denying false rumors that its founder Zhang Xuezheng had withdrawn hundreds of millions of yuan, obtained permanent residency in Canada, and remained in Switzerland. The company claimed that these claims did not correspond to the facts. WenTai Technology has commissioned a law firm to collect evidence and filed a lawsuit against the related courts in Beijing for infringement of reputation rights; the courts have agreed to process the case. This move aims to curb the malicious creation and spread of false information and the distortion of the company’s founder’s reputation, thereby protecting the company’s and individuals’ legal rights and interests.

新浪科技 zh 2026-09-07 08:00

“Recommends dismissal of 107 fresh graduates! Xingyu Auto Lamps issues a penalty announcement: the general manager will have 12 months’ salary deducted.”

Changzhou Xingyu Vehicle Lamps Co., Ltd. was punished for improper handling of newly hired college students. The company decided to deduct 12 months from the salary of General Manager Zhou Xiaoping. Previously, the company recruited 440 fresh graduates from 2026, and just one month after they joined, it implemented a “humiliating” two-choice option scheme, resulting in 107 people being persuaded to leave and triggering online protests as well as reports to automakers such as Mercedes-Benz and Volkswagen. On August 25, the Changzhou Human Resources and Social Security Bureau announced that the company’s negotiation methods were too harsh, and the Human Resources Director was suspended; on the same day, Xingyu issued an apology letter and provided subsidies. On September 2, Chairman Zhou Xiaoping publicly apologized again and promised to make corrections. This incident caused the company’s stock price to drop by half and its market value to decrease. Its plan to list on the Hong Kong Stock Exchange was also disrupted due to complaints from the Hong Kong Stock Exchange.

T TechWeb·滚动 zh 2026-09-07 08:00

“WenTai Technology’s founder withdrew hundreds of millions and fled overseas? Official response”

Zhang Xuezheng, founder of Wintai Technology, is said to have withdrawn billions of yuan and stayed in Switzerland. The company responded that the rumors were false. Wintai Technology told Sina Technology that in response to false information such as “the actual controller fleeing” published by social media, the company has entrusted lawyers to collect evidence and filed a lawsuit for infringement of reputation rights with relevant courts in Beijing. The court has agreed to file the case. According to an announcement dated April 30, 2026, Wintian Technology Group Co., Ltd. and its coactors Zhang Xuezheng, Zhang Qiuhong, and Zhang Danlin have pledged a total of 32.6 million shares of the company’s stock, accounting for 2.62% of the company’s total share capital, and the shares held have not been frozen. Financial data shows that Wintai Technology’s total revenue in 2025 was 31.25 billion yuan, a decrease of 57.54% year-on-year; the net loss was 8.75 billion yuan, and after deducting non-recurring items, the net loss was 316 million yuan.

新浪科技 zh 2026-09-07 08:00

“It’s a double whammy! It is reported that Zhang Xuezheng, the founder of Wenhui Technology, has fled overseas. The company refutes these false rumors.”

WenTai Technology responded to rumors in the market that its founder, Zhang Xuezheng, had fled to Switzerland and obtained a green card in Canada, stating that these claims were completely false. The company has entrusted lawyers to collect evidence and filed a lawsuit for infringement of reputation rights with the relevant courts in Beijing. The court has agreed to accept the case. Previously, WenTai Technology lost control over its overseas entities of AMS Semiconductor, resulting in its inability to express an opinion in its 2025 annual report and being placed under delisting risk warning. The stock symbol was changed to *ST WenTai*. To protect its rights, the company has claimed an economic loss of 8 billion yuan from AMS Netherlands, and the court has ordered the freezing of the other party’s domestic assets totaling 2.139 billion yuan for a period of three years.

凤凰网·科技 zh 2026-09-07 08:00

“It’s worse than expected! It is reported that Zhang Xuezheng, the founder of Wenhui Technology, has fled overseas. The company denies these false reports.”

WenTai Technology responded to market rumors about its founder Zhang Xuezheng fleeing to Switzerland and obtaining a Canadian green card, stating that these were false information and retaining the right to pursue accountability. The company stated that it would protect its rights according to law, and has appointed lawyers to collect evidence and file a lawsuit for infringement of reputation rights with the relevant courts in Beijing. Currently, the court has agreed to process the case. Previously, WenTai Technology was embroiled in a crisis over control of Nexperia Semiconductor; due to the inability to merge overseas assets, the audit opinion for its 2025 annual report was “unable to be expressed.” Since May 6, 2026, it has been issued a warning of delisting risk, and its stock symbol has been changed to *ST WenTai. To protect its rights, the company has filed a claim of 8 billion yuan in economic losses against related entities of Nexperia Netherlands with the domestic court. The court has ordered the freezing of the other party’s domestic assets totaling 2.139 billion yuan for three years, but the outcome of the lawsuit remains uncertain.

新浪科技 zh 2026-09-07 08:00

WenTai Technology denied the rumor that “the founder has fled overseas”: It is false information, and legal action has been taken against those who spread such rumors.

WenTai Technology denied the false rumors about “founder Zhang Xuezheng fleeing overseas” and announced that it had filed a lawsuit for infringement of its reputation against those who spread such rumors. The company stated that the rumors circulating in the market, such as Zhang Xuezheng obtaining a Canadian green card after withdrawing billions of yuan and staying in Switzerland, are completely inconsistent with the facts. WenTai Technology emphasized that such rumors seriously distort objective facts and mislead the public. The company has hired lawyers to collect evidence and filed a lawsuit with the relevant courts in Beijing to protect its rights. The company pointed out that the internet is not a lawless place, and acts of fabricating and spreading false information that harm the legitimate rights and interests of enterprises will be subject to legal constraints. This is aimed at correcting misunderstandings and warning those who spread rumors.

雷锋网 zh 2026-09-08 08:43

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