WuXi AppTec seeks approval for interim dividend plan

WuXi AppTec (603259.SH) announced its board of directors has proposed seeking shareholder approval to authorize the board to formulate and implement an interim cash dividend plan for 2025. The proposed interim dividend is conditional upon the company being profitable, having positive retained earnings, and sufficient cash flow to support ongoing operations and development. The maximum dividend payout would be capped at the net profit attributable to shareholders for the period. The authorization, if granted, would be effective from the date of approval at the 2024 Annual General Meeting until the date of the 2025 AGM. The proposal was approved by the board on March 17, 2025, and will now be submitted to shareholders for consideration.