WuXi AppTec sells WuXi XDC shares for global expansion, talent
WuXi AppTec Co., Ltd. has disclosed the disposal of 30,300,000 shares in WuXi XDC Cayman Inc. (WuXi XDC) via a block trade on October 8, 2025. This disposal represents approximately 2.47% of WuXi XDC's total issued share capital. The transaction amount, excluding costs, is approximately HK$2.346 bn, constituting 3.67% of the company's audited net assets attributable to owners for the 2024 financial year.
The proceeds from this disposal will be channeled towards accelerating global production capacity, attracting and retaining talent, and strengthening the company's integrated CRDMO business model to meet client and patient needs. The net realized investment gains from this disposal are estimated to be approximately RMB1.679 bn, impacting WuXi AppTec's 2025 net profit after tax by over 10% of its 2024 audited net profit.
The cumulative net realized investment gains from WuXi XDC share disposals in 2025 are projected to be approximately RMB4.351 bn. Shareholders and potential investors are advised to exercise caution, as these figures are preliminary and subject to auditors' confirmation post-annual audit.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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