TOKYO, May 22 (Pulse News Wire) – Wintest Corp. (6721.T) disclosed that its controlling shareholder, Wuhan Jingce Electronics Group Co., Ltd., owns 37.29% of its voting rights.
Wuhan Jingce Electronics, listed on the Shenzhen Stock Exchange in China, is also a parent company of Wintest Corp. Two out of seven directors at Wintest Corp. are affiliated with the Wuhan Jingce group.
There are no operational constraints imposed by the parent company on Wintest's business activities. All transactions between the two companies are conducted based on contract conditions and market prices, similar to general commercial dealings. In the fiscal year ending December 31, 2025, there were no related-party transactions involving the controlling shareholders.
Both parties ensure minority shareholders' interests are protected through fair transaction practices consistent with regular commercial agreements.
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