WenTai Technology denied the rumor that its founder Zhang Xuezheng had fled overseas: It is false information, and legal action has been taken against those who spread such rumors.
On September 7, 2026, Wintech Technology issued a statement denying the rumor that Zhang Xuezheng, the founder of Nettech Technology, had obtained permanent residency in Canada and stayed in Switzerland after withdrawing hundreds of millions of yuan. The company stated that the aforementioned rumors were completely inconsistent with facts and were false information. Wintech Technology firmly opposes the creation and spread of such rumors. The company has entrusted a law firm to collect evidence of infringement and filed a lawsuit for infringement of reputation rights with the relevant courts in Beijing. Currently, the courts have agreed to accept the case and issued a notice of acceptance.
WenTai Technology responded to the rumor that “founder Zhang Xuezheng has fled overseas” by stating that it was false and filed a lawsuit. On September 7, in response to the online rumors that Zhang Xuezheng had withdrawn tens of billions of yuan and obtained permanent residency in Canada, while staying in Switzerland, WenTai Technology stated that these rumors were completely inconsistent with facts and were false information. The company firmly opposes the creation and spread of such rumors. It has entrusted a law firm to collect evidence of infringement and filed a lawsuit for infringement of reputation rights with the relevant courts in Beijing. The courts have agreed to accept the case and issued notices of acceptance.