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Shinfox Energy to Delist June 23 After Offshore Wind Losses Wipe Out Net Worth
INSIDE 硬塞 AI4 hours agoBusiness
Shinfox Energy, a flagship listed green energy company in Taiwan, will be removed from the stock exchange on June 23, 2026, after its net worth turned negative. The trigger was massive losses incurred by a subsidiary engaged in offshore wind power engineering contracts. The delisting affects more than 30,000 shareholders and exposes the substantial engineering and financial risks embedded in large-scale renewable energy projects.