WuXi AppTec major shareholders' equity falls below 18% threshold

Wuxi AppTec announced on November 27, 2025, that its major shareholders' combined equity stake has decreased, crossing the 1% threshold. The total shareholding of the information disclosure obligors and shareholders who have signed voting proxy agreements with the actual controller decreased from 18.46% to 17.95%. This change reflects both a passive dilution due to an increase in the company's total share capital and active share reductions by the obligors.

Specifically, the company's total share capital increased from 2,965,692,554 shares to 2,983,757,155 shares on October 10, 2025, due to the conversion of H-share convertible bonds, leading to a passive dilution of the shareholders' stake to 18.35%. Subsequently, from November 20 to November 25, 2025, the information disclosure obligors collectively reduced their holdings by 11,827,898 shares through centralized bidding, representing 0.40% of the company's total share capital as of the announcement date.

Following these changes, the total number of shares held by the information disclosure obligors and their aligned shareholders decreased from 547,539,294 shares to 535,711,396 shares. The company confirmed that this equity change complies with relevant laws and regulations, does not trigger a tender offer, and does not alter the actual controller. The reduction aligns with previously disclosed share reduction plans.