WuXi AppTec: Plans to place 73.8 million H shares at a discount of 6.9%, raising HKD 7.7 billion.

Jin10 data reported on July 31, that WuXi AppTec (02359.HK) announced on the Hong Kong Stock Exchange that on July 31, 2025 (before trading hours), the company entered into a placement agreement with the placement agent, whereby the company agrees to appoint the placement agent and the placement agent agrees to act as the company's agent, and to use their best efforts to facilitate the subscribers to subscribe for a total of 73.8 million new H shares at the placement price per share as specified in the placement agreement. The placement price is HKD 104.27, representing a discount of 6.9% to the latest Closing Price. Assuming all placement shares are fully subscribed, the total amount of funds raised from the placement is expected to be approximately HKD 7.7 billion. The funds raised from the placement will provide available funds for the company, accelerate the advancement of global layout and capacity construction, and drive the company's long-term development.