Wingtech Technology has officially denied rumors that its founder and actual controller, Zhang Xuezheng, has fled to Switzerland after cashing out billions. The company stated that claims regarding his permanent residency in Canada and his long-term stay in Switzerland are completely false.
The company has taken legal action against the company's founder's defamation. Wingtech Technology has commissioned a law firm to collect evidence of infringement through legal channels and has filed a lawsuit for reputation infringement in a relevant Beijing court.
The court has already agreed to file the case, and a formal acceptance notice will be issued subsequently.
