WuXi AppTec secures CNY 900m loan for share buyback

WuXi AppTec (SSE:603259) announced that it has received a loan commitment letter from the Agricultural Bank of China Shanghai Branch for up to CNY 900 million. This loan is specifically earmarked to fund the company's ongoing A-share repurchase program, approved on April 8, 2025. The repurchase program authorizes the company to buy back shares up to a maximum amount of CNY 1 billion, at a price not exceeding CNY 97.24 per share, for the purpose of cancellation and reduction of registered capital. The loan term is 36 months. The company will make repurchase decisions based on market conditions and fulfill disclosure obligations.