WuXi AppTec sells WuXi XDC stake for HK$2.35 bn, boosts growth

WuXi AppTec, through its indirect subsidiary, has sold 30,300,000 shares of WuXi XDC Cayman Inc. (WuXi XDC), a company listed on the Hong Kong Stock Exchange, representing approximately 2.47% of WuXi XDC's total share capital. The transaction, executed on October 8, 2025, via block trading, generated approximately HK$2.346 bn (excluding transaction fees) and accounts for 3.67% of WuXi AppTec's audited net assets attributable to parent company shareholders as of year-end 2024.

The sale follows a resolution passed at WuXi AppTec's second extraordinary general meeting on September 23, 2025, authorizing the disposal of listed circulation shares. According to preliminary calculations, the investment gain from this sale is expected to positively impact WuXi AppTec’s 2025 post-tax net profit by approximately RMB1.679 bn. This amount exceeds 10% of the company's 2024 audited net profit attributable to parent company shareholders.

Cumulatively, the total investment gain from WuXi XDC share sales in 2025 is estimated to be approximately RMB4.351 bn. WuXi AppTec plans to utilize the cash proceeds to accelerate global capacity and capability building, attract and retain top talent, and strengthen its integrated CRDMO business model to meet evolving customer demands. Investors are advised to note the investment risk associated with this transaction.