Wing Yip Food (WYHG) files 2025 audited IFRS results with KRX
Rhea-AI Filing Summary
Wing Yip Food Holdings Group Limited submitted its 2025 audited consolidated financial statements to the Korea Exchange, with the external auditor issuing an unqualified opinion and no substantial doubt about the company’s going concern status. The audit covers IFRS-based consolidated statements; separate statements are not prepared.
For 2025, consolidated total assets were KRW 308,855,536,408, total liabilities KRW 63,253,752,778, and total shareholders’ equity KRW 245,601,783,630. Sales were KRW 192,183,391,255 and net income was KRW 11,082,019,442, both lower than the prior year’s KRW 196,902,517,794 sales and KRW 14,298,599,286 net income. The financial statements have not yet been approved by shareholders and may change during that process.
Positive
- None.
Negative
- None.
Key Figures
Key Terms
unqualified opinion financial
going concern financial
International Financial Reporting Standards (IFRS) financial
capital impairment ratio financial
consolidated financial statements financial
equity capital financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2026
Commission File Number: 001-42407
Wing Yip Food Holdings Group Limited
No.9, Guanxian North Rd
Huangpu Town, Zhongshan City
Guangdong, People’s Republic of China 528429
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
EXPLANATORY NOTE
On April 14, 2026, Wing Yip Food Holdings Group Limited, a company with limited liability incorporated in Hong Kong (the “Company”), submitted to the Korea Exchange (“KRX”) a report regarding the auditor’s opinion on the consolidated financial statements of the Company for the fiscal year ended December 31, 2025 (the “Audit Report Submission”), as required under the applicable KRX listing rules. The Audit Report Submission is furnished as Exhibit 99.1 to this Report on Form 6-K.
The financial statements included in the audit report submitted by the external auditor have not yet been approved at the Company’s annual general meeting of shareholders and may be subject to change during the approval process.
The information contained in this Form 6-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Exhibit Index
| Exhibit Number |
Exhibit | |
| 99.1 | Audit Report Submission, filed with the Korea Exchange on April 14, 2026. |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Wing Yip Food Holdings Group Limited | ||
| Date: April 14, 2026 | By: | /s/ Xiantao Wang |
| Name: | Xiantao Wang | |
| Title: | Director and Chairman of the Board | |
2
Exhibit 99.1
Submission of Audit Report [Equity/Capital Stock Ratio and Auditor's Opinion on the Consolidated Financia l Statements of the Controlling Company or Holding Company] Previous Fiscal Year Current Fiscal Year Type 1. Auditor's Opinion, etc. Unqualified Opinion Unqualified Opinion - Auditor's opinion No No - included in uncertain group of goin g concern company No No - Non Unqualified Opinion on Internal Accounting Control System Not included Not included 2. Substantial doubt about the entit y's going concern ability, regardless of auditor's opinion 3. Consolidated B/S (KRW) 284,424,805,160 308,855,536,408 - Total Assets 56,066,314,428 63,253,752,778 - Total Liabilities 228,358,490,733 245,601,783,630 - Total Shareholders' Equity 61,405,464,300 64,280,686,630 - Capital Stock 4. Consolidated I/S (KRW) 196,902,517,794 192,183,391,255 - Sales 20,361,472,608 14,929,829,936 - Operating Income 15,456,678,107 12,733,096,969 - Profit from continuing Operation be fore corporate income tax 14,298,599,286 11,082,019,442 - Net Income 14,298,599,286 11,082,019,442 - Net Income Attributable to the Shar eholders of the Parent Company 3 3 5. Number of Consolidated Subsidiarie s 1 1 6. Number of Major Consolidated Subsi diaries [Equity/Capital Stock Ratio and Auditor's Opinion on the Non - Consolidated Finan cial Statements] 1. External Auditor's Opinio n and Condensed Financial St Current Fiscal Year Previous Fiscal Year atements Start date 2025 - 01 - 01 2024 - 01 - 01 A. Period 2024 - 12 - 31 2025 - 12 - 31 End date B. Auditor's Opinion, etc - - - Auditor's Opinion No No
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- included in uncertain grou p of going concern company - - - Non Unqualified Opinion on Internal Accounting Control System - - C. Substantial doubt about t he entity's going concern ab ility, regardless of audito r's opinion D. Condensed B/S(KRW) - - - Total Assets - - - Total Liabilities - - - Total Shareholders' Equity - - - Capital Stock - - - Sales - - - Operating Income - - - Profit from continuing ope ration before corporate inco me tax - - - Net Income Shinhan Accounting Corporation 2. Name of External Auditor 2026 - 04 - 14 3. Date Audit Report Receive d Yes 4. Subject to filing of cons olidated financial statement s 5. Subject to filing of cons olidated financial statement s
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1. The Company is a foreign holding company, and the above au dit report is an audit report on the consolidated financial s tatements prepared in accordance with International Financial Reporting Standards (IFRS) . Accordingly, separate financial s tatements are not prepared . 2. The above financial figures have been translated into Kore an Won (KRW) based on the basic exchange rates announced by S eoul Money Brokerage Services, Ltd . , as follows : 1) Income Statement Exchange rate for the current fiscal year: KRW 197.78/RMB (av erage exchange rate for 2025) Exchange rate for the previous fiscal year: KRW 189.20/RMB (a verage exchange rate for 2024) 2) Statement of Financial Position Exchange rate for the current fiscal year: KRW 204.76/RMB (as of December 31, 2025) Exchange rate for the previous fiscal year: KRW 201.27/RMB (a s of December 31, 2024) Exchange rate for the fiscal year before the previous year: K RW 180.84/RMB (as of December 31, 2023) 3. Any changes to the "Notice of Convocation of the General M eeting of Shareholders" submitted on April 7 , 2026 are hereby replaced by this amended disclosure . 4. The financial statements included in the audit report subm itted by the external auditor after the completion of the aud it have not yet been approved by the shareholders’ meeting o f the Company and may be subject to change during the approva l process . - ※ Title and date of other disc losure related to this one [Capital impairment ratio] (Unit : %, KRW) Previous Fiscal Year Current Fiscal Year Type - - capital impairment ratio (%) = ǒ (capital - equity capital)/c apital Ǔ h 100 228,358,490,733 245,601,783,630
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Total Shareholders' Equity[ ˆ In case of the corporation su bject to the preparation of c onsolidated financial stateme nt, minority interest is excl uded] 61,405,464,300 63,253,752,778 Capital Stock [Incurrence of loss before tax from continuing operations (for the recent 3 fis cal years)] (Unit : %, KRW) Fiscal Year Before Las t (T - 2) Previous Fiscal Year (T - 1) Current Fiscal Year (T) Type - - - (loss from continuing o peration before corpora te income tax / equity capital) x 100(%) - - - - - - Loss from continuing op eration before corporat e income tax No No No Except loss on the valu ation from financial li abilities subject to re fixing 182,899,103,917 228,358,490,733 245,601,783,630 Total Shareholders' Equ ityCapital [ ˆ In case o f the corporation subje ct to the preparation o f consolidated financia l statement, minority i nterest is included] [Operating Loss of the recent 5 fiscal years] (Unit : KRW) Fiscal year 3y ears before La st (T - 4) Fiscal year 2y ears before La st (T - 3) Fiscal Year Be fore Last (T - 2) Previous Fisca l Year (T - 1) Current Fiscal Year (T) Type - - - - - Operating Loss [Impairment Loss Rate] No
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Impairment loss rate* exceeds 50%*Impairment loss rate(%) = [Accumulated Impairment of rec eivable(except for account receivables) of Co ncerned Fiscal year/Total Shareholders' Equit y ]*100
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