WuXi AppTec proposes governance and capital structure changes at EGM

WuXi AppTec Co. announced an Extraordinary General Meeting (EGM) on September 23, 2025, to address several pivotal changes. These include the proposed cancellation of the Supervisory Committee and a change in registered capital. The Supervisory Committee’s functions are proposed to be assumed by the Audit Committee, aligning with CSRC requirements for listed companies. Additionally, the company seeks to increase its registered capital from RMB2,887,992,582 to RMB2,951,506,736, following recent share repurchases and H-share placements and conversions.

The EGM agenda includes proposed amendments to the Articles of Association and various corporate governance policies, such as the Rules of Procedure for Shareholders’ Meetings, Board Meetings, and Work Policies of Independent Directors. The company also seeks authorization for its Investment Department to dispose of trading shares in listed companies, with an aggregate transaction amount not exceeding 15% of the most recent audited net assets attributable to the owners of the company. These comprehensive updates aim to standardize operations and enhance corporate governance.