WuXi AppTec continues WuXi XDC share disposal

WuXi AppTec Co., Ltd. (HKEX: 2359) announced that on April 1, 2025, it disposed of 50,800,000 shares in WuXi XDC Cayman Inc. via block trade. This "Disposal" represents approximately 4.23% of WuXi XDC's total issued share capital. The aggregate transaction amount totaled approximately HK$2.178 billion and is expected to yield RMB1.847 billion, representing over 10% of the audited net profit attributable to the owners of the Company for the most recent financial year. The proceeds will be used to bolster global production capacity, attract talent, and strengthen the company's CRDMO business model. WuXi AppTec clarifies that the Disposal and previous disposals of shares in WuXi XDC do not constitute connected or notifiable transactions under the Hong Kong Listing Rules.