Wongtee International: Shenzhen Wongtee Plaza will be auctioned by the judiciary, and the company may trigger a financial delisting risk warning
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Wongtee International announced that Shenzhen Wongtee Plaza will be auctioned judicially from September 9 to 10, 2025, with a starting price of 3.053 billion yuan. The project's revenue for 2024 is expected to be 369 million yuan, accounting for 56.03% of the company's total annual revenue. If the auction is successful, the company will lose ownership of this asset, which may trigger a financial delisting risk warning
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