WuXi AppTec announces special dividend for shareholders

WuXi AppTec (SSE:603259) announced a special dividend plan to return value to shareholders. The company will distribute a cash dividend of RMB 3.5000 per 10 shares (inclusive of tax). The total dividend payout is estimated at RMB 1,010,797,403.70. This decision follows the sale of its WuXi ATU business in the US and UK, and the sale of its medical device testing business in the US, moves designed to optimize the company's strategic business portfolio. The special dividend is intended to thank shareholders for their support of these strategic adjustments. The plan is subject to shareholder approval at the upcoming general meeting. The company's board and supervisors have approved the plan, deeming it beneficial to the company's long-term stability and shareholder interests.