WuXi AppTec (603259.SH) plans to launch an A-share employee stock ownership plan in 2026.
WuXi AppTec (603259.SH) disclosed the draft of its 2026 A-share employee stock ownership plan, which will involve the management personnel and core technical backbone of the company (including wholly-owned or controlled subsidiaries), totaling no more than 4,000 individuals. The funding source for the employee stock ownership plan will be the long-term incentive fund allocated by the company, specifically the special incentive fund accrued according to the relevant compensation management regulations, with a total not exceeding 1 billion yuan.
WuXi AppTec (603259.SH) has disclosed its 2026 A-share employee stock ownership plan (draft), with participants including management personnel and core technical backbones of the company (including wholly-owned or controlling subsidiaries), totaling no more than 4,000 individuals. The funding for the employee stock ownership plan comes from the company's long-term incentive fund, which is a special incentive fund established according to compensation-related management regulations, totaling no more than 1 billion yuan.
The source of the stocks for the employee stock ownership plan is the shares repurchased by the company from its special repurchase account, totaling no more than 9,701,231 shares, which is no more than 0.33% of the company's total equity at the time of the announcement of the employee stock ownership plan draft. The purchase price of the A-shares from the company's repurchased special securities account is 103.08 yuan per share, which is the average price of the shares already repurchased in the company's special repurchase account.
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