WuXi AppTec boosts H shares after convertible bond conversion

WuXi AppTec Co., Ltd. reported a substantial increase in its issued H shares during September 2025, driven by the conversion of U.S.$500,000,000 Zero Coupon Guaranteed Convertible Bonds due 2025. On September 30, 2025, 14,185,818 H shares were issued as a result of these conversions. This movement pushed the total number of issued H shares from 478,226,490 to 492,412,308. The company's total issued share capital, encompassing both H and A shares, now stands at RMB 2,965,692,554.

The convertible bonds, with a subscription/conversion price of HK$78.28, saw a reduction in their outstanding amount by U.S.$143,000,000 during the month, leaving U.S.$182,100,000 remaining. As of the end of September, 18,064,608 new H shares may still be issued assuming full conversion of the remaining bonds at the adjusted conversion price. The company confirmed that all relevant listing conditions and regulatory requirements for these movements were met.